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Jeder, der sich mit Geld und Banken im Deutschen Reich in der ersten Hälfte des 20. Jahrhunderts beschäftigt, kennt den Namen Alfred Lansburgh. Die Frankfurter Allgemeine Zeitung nannte ihn "in Sachen des Geldes vielleicht einen der klügsten Menschen, die in Deutschland je gelebt und...
Persistent link: https://www.econbiz.de/10012610651
This paper analyses the early years of the history of the Bundesbank from a history of economic thought-perspective. The study uses the example of Bernhard Benning, who was heading the Economics Department of the Reichs-Kredit-Gesellschaft, one major banks owned by the German Reich during the...
Persistent link: https://www.econbiz.de/10013448507
Book description: Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James,...
Persistent link: https://www.econbiz.de/10011527979
Keynesian-inspired macro regulation gained importance in West German economic policy from the mid-1960s and was enshrined in law through the Stability and Growth Act in 1967. In the context of the legislative process, the question arose as to what extent the Deutsche Bundesbank should be given...
Persistent link: https://www.econbiz.de/10015051833
The annual announcement of monetary targets which the Deutsche Bundesbank started in 1974 is considered a core element of German monetary policy after the end of the Bretton Woods regime of fixed exchange rates. The paper asks to what extent this reorientation was shaped by monetarist ideas and...
Persistent link: https://www.econbiz.de/10015051878
Key Messages * The industry is suffering a downturn that might lead to a wider economic crisis. The negative stage experienced by the housing sector is recognizable in the increasing number of unsold units, in the declining number of transactions and in the progressive cooling down of prices....
Persistent link: https://www.econbiz.de/10012010861
In this paper the vision of the "Young" and "Elder" Lamfalussy on the origins of instability in capitalist economies will be contrasted. The young Lamfalussy found the origins of instability in medium-term cumulative processes in the real sector of the economy, very much inspired by the vicious...
Persistent link: https://www.econbiz.de/10014550220
This paper offers a retrospective view of the key pillar of Solow's neoclassical growth model, namely the aggregate production function. We review how this tool came to life and how it has survived until today, despite three criticisms that undermined its raison d'être. They are the Cambridge...
Persistent link: https://www.econbiz.de/10014581845
Purpose The main objective of this study is to expand the technology acceptance model (TAM) by examining the factors affecting the adoption of mobile banking services by the customers of Palestinian banks and to design a comprehensive model based on TAM and TPB and additional constructs....
Persistent link: https://www.econbiz.de/10013466258
This paper examines the Brazilian economy during the COVID-19 pandemic and the economic policies implemented in 2020 to address the economic and social crisis. Using primary and secondary sources, the article differs in its analysis from other heterodox approaches according to which state action...
Persistent link: https://www.econbiz.de/10014363415