The crisis in the Russian Federation's economy continues to worsen. While the decline of the GNP in 1990 was 2 percent compared with the preceding year, in 1991 it was 9 percent, and in 1992, 19 percent. The magnitude of the decline remained unchanged in the first half of 1993. Production in...

Empirical/statistical analysis of effects of changes in index S&P 500 upon inflation processes in American economy in the years 1951–2009 is given. It is shown there is a statistically significant difference in CPI changes dependent on positive (negative) dynamics of index S&P 500 ones

Prospects for the development of an alternative macroeconomic theory are associated with the provisions that the dynamics of the economy is determined by the change of generations of capital and that there is a problem of coordination between different generations of capital. The circulation and...

To develop the ideas of evolutionists - followers of Schumpeterian tradition, an attempt is made in the paper to describe the economy at large as a set of specific subsystems, namely macrogenerations. Those subsystems possess the following features: first, each macrogeneration is born, lives and...