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(iii) of diligent from slothful workers under labour market imperfect competition ultimately suggests that the optimal menu …
Persistent link: https://www.econbiz.de/10015250270
As we witness profound changes in the global economy, and as it becomes apparent that the so-called “Revived Bretton Woods System” may be nothing more than a temporary non sustainable financing of the US structural internal imbalance, favored by the global role of the dollar, which has...
Persistent link: https://www.econbiz.de/10015213844
The argument made in this manuscript is that the two traditional macroeconomic tools, fiscal policy and monetary policy, are insufficient to bring back efficiently into equilibrium an economy that has had a major crisis. Both traditional macro-tools only work through the demand side, and there...
Persistent link: https://www.econbiz.de/10015214329
This paper elaborates on the economic operating system (EOS) the role it can play in growth. It focuses on markets, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth, stability and safety. This paper delves into market...
Persistent link: https://www.econbiz.de/10015223454
This paper elaborates on the economic operating system (EOS) the role it can play in growth. It focuses on markets, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth, stability and safety. It delves into market theory to...
Persistent link: https://www.econbiz.de/10015223546
The information, including the knowledge in the science, business and society, is being generated, transmitted, received and analyzed by the humans in the various countries over the centuries. The information is a most valuable asset in possession by the economic agents in the modern economies...
Persistent link: https://www.econbiz.de/10015247929
The information, including the knowledge in the science, business and society, is being generated, transmitted, received and analyzed by the humans in the various countries for many centuries. The generated information can be structured, coded, stored and retrieved, representing a most valuable...
Persistent link: https://www.econbiz.de/10015248001
hence, international competition. And, the zero lower bound has been the aftermath of continuous interest rate reductions to …
Persistent link: https://www.econbiz.de/10015248909
Since the launch of the European Economic and Monetary Union (EMU) in January 1999 till today in 2015, the Euro has ascended to become the second largest reference currency in the world. With about €1.6 trillion of currency in circulation it is at present even positioned above the US dollar...
Persistent link: https://www.econbiz.de/10015249474
Central banks are considering the issuance of a central bank digital currency to serve as a payment tool to support … economic activities. A central bank digital currency can also serve secondary purposes that are related or unrelated to the … statutory objectives of a central bank which is monetary and price stability. Many central banks are thinking too fast about …
Persistent link: https://www.econbiz.de/10015213387