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Obsolete habiliments
Marren, Patrick - In: Journal of Business Strategy 33 (2012) 2
Persistent link: https://www.econbiz.de/10014846914
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Assessing the macroeconomic effects of fiscal policy in Colombia
Lozano, Ignacio; Rodríguez, Karen - In: Journal of Financial Economic Policy 3 (2011) 3, pp. 206-228
Purpose – The purpose of this paper is to study the short‐term macroeconomic effects of the fiscal policy in Colombia for the 1980‐2007 period using a structural vector autoregression (SVAR) model. Design/methodology/approach – The authors' benchmark is a five‐variable SVAR model which...
Persistent link: https://www.econbiz.de/10014866847
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Defining fundamental disequilibrium: Keynes's unheeded contribution
Cesarano, Filippo - In: Journal of Economic Studies 30 (2003) 5, pp. 474-492
The Bretton Woods agreements set up the post‐war monetary order on the basis of fixed exchange rates and autonomous national economic policy. Changes in parity were allowed in the case of fundamental disequilibrium, but this concept was not defined, promoting a lengthy but sterile debate. This...
Persistent link: https://www.econbiz.de/10014863012
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Assessing the impact of incomes policy: the Italian experience
Pastore, Francesco - In: International Journal of Manpower 31 (2010) 7, pp. 793-817
Purpose – The Saint Valentine's Decree (1984) and the ensuing hard‐fought referendum (1985), which reduced the automatisms of scala mobile , started a process of redefinition of wage fixing in Italy, which culminated with the final abolition of scala mobile (1992) and the approval of...
Persistent link: https://www.econbiz.de/10014783397
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War on savings: modern monetary management in crisis
Oberholster, Sarel Johannes - In: Journal of Financial Regulation and Compliance 18 (2010) 3, pp. 201-223
relying on patently incorrect economic theory with specific critique on the assumption that saving is equal to investment (S … liquidity trap, forbearance lending and an unwavering belief in the power to inflate. An alternative credit theory is presented … and discussed to explain the accumulation of monetary interventions in the modern banking environment. The credit theory …
Persistent link: https://www.econbiz.de/10014870163
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A time to return to Keynes
Pressman, Steven - In: Critical perspectives on international business 5 (2009) 1/2, pp. 157-161
Purpose – This paper seeks compare the current financial and economic problems with the problems facing the world economy in the 1930s. Design/methodology/approach – The paper argues that the Great Depression and the current problems have similar causes – excessive speculation, leading to...
Persistent link: https://www.econbiz.de/10014701723
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The formation of conventional expectations in Keynesian fundamental uncertainty
Koutsobinas, Theodore T. - In: International Journal of Social Economics 31 (2004) 11/12, pp. 1109-1119
This article develops an analysis of the conventional formation of expectations by means of introducing an overlooked factor in the analysis: the role of inference. Individual inferences and changes in evidential weight of beliefs and in the state of confidence are integrated with an analysis of...
Persistent link: https://www.econbiz.de/10014805251
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Post Keynesian Econometrics, Microeconomics and the Theory of the Firm
Lee, Frederic S. - In: International Journal of Social Economics 32 (2005) 5, pp. 484-486
Persistent link: https://www.econbiz.de/10014805278
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Evaluating Stephen Zarlenga's treatment of historical monetary thought
Mouatt, Simon - In: International Journal of Social Economics 35 (2008) 11, pp. 846-856
underdeveloped arena for research. Practical implications – The development of understanding towards a state theory of money …
Persistent link: https://www.econbiz.de/10014805492
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Economic development and unemployment: do they connect?
Tsaliki, Persefoni V. - In: International Journal of Social Economics 36 (2009) 7, pp. 773-781
Purpose – Unemployment is a systemic element of economic development which need not and “normally” does not give rise to full employment of labour regardless of the flexibility in labour markets. This paper aims to address these issues. Design/methodology/approach – The paper presents...
Persistent link: https://www.econbiz.de/10014805547