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The aim of this paper is to examine productivity growth in public sector banks (PSBs) in India in post-liberalisation period from 1991-1992 to 2008-2009. Total factor productivity (TFP) in Indian PSBs is computed using Hicks-Moorsteen index numbers as given by O'Donnell (2010a). The paper is...
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The article offers a review of modern business cycle theory as developed in the first half of XX century. Marrama … considered as the most important for understanding the current state of business cycle theory: cyclical aggregative models (using …
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In this article, Hicks' first review article of Keynes´s General Theory is discussed. First we analyze the influence of … Hayek's theory on the work of Hicks. We show how Hicks, reflecting on the Austrian theory of the business cycle, created the … interpret the General Theory …
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At first sight and in terms of explicit references, the relationship between Hayek and the early Freiburg School seems to have been one of mutually benign neglect. It took several decades before the “Hayekian challenge” was fully understood in Freiburg; in a way one could even argue that the...
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Ernst-Joachim Mestmäcker reviews legal theories of Richard Posner and Friedrich von Hayek, who are famous for their contribution to law and economics.
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