Showing 1 - 10 of 194
Libre Software communities are among the most interesting and advanced socio-economic laboratories on the Net. In terms of directions of Regional Science research, this paper addresses a simple question: “Is the socio-economics of digital nets out of scope for Regional Science, or might the...
Persistent link: https://www.econbiz.de/10011318941
The purpose of this article is to analyze the relationship between the discipline of Behavioural Economics and the Neoclassical School. On the basis of the available literature, the paper aims to investigate if the two branches are totally opposite, or if the behavioural theories only extend and...
Persistent link: https://www.econbiz.de/10012017118
The homo oeconomicus model is an essential concept of the neoclassical analysis. It defines the agent capable of rational choices in pursuing the maximization of his own utility functions. Over time, the notion remained at the basis of many debates, related mainly to its relevance. However, the...
Persistent link: https://www.econbiz.de/10012017164
We examine the long-term impact of forced labour on individual risk behaviour and economic decisions. For that, we focus on a policy of coercive cotton cultivation enforced in colonial Mozambique between 1926 and 1961. We combine archival sources about the boundaries of historical cotton...
Persistent link: https://www.econbiz.de/10014548580
This paper estimates the size of the media multiplier, a model-based measure of how far media coverage magnifies the economic response to shocks. We combine monthly aggregated and anonymized credit card activity data from 114 card issuing countries in 5 destination countries with a large corpus...
Persistent link: https://www.econbiz.de/10014377593
awareness and respect for empirical content to bear when he wrote about the Quantity Theory of Money, but he hesitated to probe …
Persistent link: https://www.econbiz.de/10010291900
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the invisible hand, was a major...
Persistent link: https://www.econbiz.de/10010291902
consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …
Persistent link: https://www.econbiz.de/10010291906
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/10010292008
Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism …, and reached its high point in 1911 with the publication of The Purchasing Power of Money. His most important refinement of …
Persistent link: https://www.econbiz.de/10010292029