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economic behaviour will be interpreted as a sort of validity test of economic theory. …
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only limited success in the US as a tool for doing empirical macroeconomics, where what might be called a ?theory comes … such research methods. The US ?theory comes first? approach fits much better with the journal publication metric. …
Persistent link: https://www.econbiz.de/10010295269
In dieser Arbeit wird untersucht, ob Wettbewerb in den Wirtschaftswissenschaften existiert. Es besteht ein Monopol der heutigen neoklassischen Modellökonomik, was zu einer geringen Pluralität der wissenschaftlichen Ansätze und Perspektiven führt. Der wissenschaftliche Fortschritt wird...
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We characterize the Laffer curves for labor taxation and capital income taxation quantitatively for the US, the EU-14 and individual European countries by comparing the balanced growth paths of a neoclassical growth model featuring ”constant Frisch elasticity” (CFE) preferences. We derive...
Persistent link: https://www.econbiz.de/10011605220
In this paper we demonstrate that the Post-Keynesian Two-Gap Model merits its destiny as a ghost in economic discussions not only as a result of the well-known neoclassical criticism on its assumptions but also because of its general inconsistency. If adjusted for this inconsistency the Two-Gap...
Persistent link: https://www.econbiz.de/10011918468
Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China. This paper argues that the failure is due to the viability assumption in neoclassical economics. Neoclassical economics implicitly assumes that a firm is expected to earn a...
Persistent link: https://www.econbiz.de/10011470722
eine Gegenüberstellung der neoklassisch-wohlfahrtsökonomischen Theorie des Föderalismus einerseits und des mit dem Namen …
Persistent link: https://www.econbiz.de/10011698428