Showing 1 - 10 of 43
Rationale Households overall built up a large stock of excess savings during the pandemic. The use of these excess savings and the potential amount currently available for spending are relevant to understanding how they may support consumption over the coming quarters. Takeaways •To end-2022,...
Persistent link: https://www.econbiz.de/10014422103
money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …
Persistent link: https://www.econbiz.de/10009465939
Hardorp entwickelt im Anschluss an J. Schumpeter und R. Steiner, dass die wirtschaftliche Entwicklung gesamtwirtschaftlich gesehen zu zusätzlichen Erträgen führt, die der gesellschaftlich orientierten Ertragswidmung bedürfen, wenn die sich in ihnen entfaltenden Kräfte des technischen...
Persistent link: https://www.econbiz.de/10009434464
This thesis tries to discuss critically at least two issues regarding European Eastern Enlargement. It tries to offer an analysis of the reasons why the EU had made the decision to enlarge eastwards, even though the advantages were not clear. A further aim will be to raise issues about the...
Persistent link: https://www.econbiz.de/10009449677
Persistent link: https://www.econbiz.de/10009449698
This thesis investigates the consequences of model uncertainty and persistence in consumption habits and price-setting behaviour in a New Keynesian model.As the decision of a central bank is made in an uncertain environment, the analysis of uncertainty is essential in monetary policy models. In...
Persistent link: https://www.econbiz.de/10009449715
Klassische Geldbewertung unterstellt einen Zusammenhang zwischen Geld (x) und empfundener Geldbewertung über eine …
Persistent link: https://www.econbiz.de/10009452615
Der Einfluss von Nachrichten auf die Aktienkursentwicklung ist zentraler Gegenstand vieler Untersuchungen in der empirischen Kapitalmarkt-forschung. Gewinn- und Dividendenzahlungen haben dabei einen entscheidenden Einfluss auf die Aktienkursentwicklung. Die vorliegende Arbeit untersucht...
Persistent link: https://www.econbiz.de/10009433653
Several schools of thought contribute to this heterodox view of money, including neo-Marxian, Schumpeterian …, institutional and post-Keynesian political economy. Neo-Marxian contributions centre on the circuit of money capital, fictitious … credit-money in financing innovation or variously being used for general accumulation or speculation. Institutional themes …
Persistent link: https://www.econbiz.de/10009434804
This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
Persistent link: https://www.econbiz.de/10009447272