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Persistent link: https://www.econbiz.de/10008520202
Seit 1971 ist dem ifo Institut die Geschäftsstelle des Centre for International Research on Economic Tendency Surveys angegliedert. Alle zwei Jahre treffen sich CIRET-Mitglieder und andere Experten zur Diskussion neuer Forschungsergebnisse. Die umfangreiche Tagesordnung der 22. CIRET-Konferenz,...
Persistent link: https://www.econbiz.de/10005055645
This paper studies stylized business cycle properties of household production in four industrialized countries (Canada, the United States, Germany, and Japan). We employ a dynamic small open economy business cycle model that incorporates a household production sector. We use the model to...
Persistent link: https://www.econbiz.de/10005825641
The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government...
Persistent link: https://www.econbiz.de/10005826136
Discerning family resemblances in the world of theories can be useful for several reasons. For one thing, noticing that two theories share the traits of a family of theories may help us to understand each of them better. Secondly, noticing the family resemblances may help us to model them more...
Persistent link: https://www.econbiz.de/10011156949
The paper investigates how changes in industries' funding costs affect total factor productivity (TFP) growth. Based on panel regressions using 31 U.S. and Canadian industries between 1991 and 2007, and using industries' dependence on external funding as an identification mechanism, we show that...
Persistent link: https://www.econbiz.de/10009293770
policy. This paper is a tribute to the philosopher Mises, who focused on human acting and who enriched the monetary theory … with an analytical perspective and deductive models, creating the so called Misesian theory. What is Mises contribution to … rule? And most important how does the business cycle theory influence money? …
Persistent link: https://www.econbiz.de/10010838964
Schumpeter’s business cycle and growth theory encompasses two distinct types of superposition. The first one is well …
Persistent link: https://www.econbiz.de/10011122328
In a first section, we shall discuss the main issues that divided Wicksell and Mises during a debate that took place between them in 1914. We will first analyze how the two authors conceived the link between the “commodity market” and the “money market” as well as their respective stance...
Persistent link: https://www.econbiz.de/10008789300
framework, as applied to capital, interest and monetary theory. Finally, in the last part, we investigate the mechanisms at work …
Persistent link: https://www.econbiz.de/10008790672