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Real savings, entrepreneurship and finance : a monetary model of economic growth

Cheng, Wenli - 2025

Persistent link: https://www.econbiz.de/10015400796

Distribution-Led Growth Through Methodological Lenses

Nikiforos, Michalis - 2017

This paper presents a methodological discussion of two recent “endogeneity” critiques of the Kaleckian model and the concept of distribution-led growth. From a neo-Keynesian perspective, and following Kaldor (1955) and Robinson (1956), the model is criticized because it treats distribution...

Persistent link: https://www.econbiz.de/10012966834

On the Economic Foundations of Green Growth Discourses : The Case of Climate Change Mitigation and Macroeconomic Dynamics in Economic Modeling

Scrieciu, S. Serban - 2013

outcomes. But how well are these claims scientifically grounded or supported by economic theory, evidence, and applied modeling …

Persistent link: https://www.econbiz.de/10013089359

Orthodoxy versus heterodoxy : inflation, unemployment, growth, profit

Manera, Carlos - 2015

Institutions like the IMF, the ECB and many finance ministries and private banks in the world's richest countries are …

Persistent link: https://www.econbiz.de/10010494932

Publish and perish : creative destruction and macroeconomic theory

Chatelain, Jean-Bernard; Ralf, Kirsten - 2017

theory appears not to be a cumulative science so far. When attempts are done to settle controversies by "nature" (testing the … or non-identified when testing them. Two examples are provided, one in growth theory and testing convergence, one in … business cycles theory and testing inflation persistence. …

Persistent link: https://www.econbiz.de/10011597938

Accounting for Variability in the Growth Rate of Income

Lambert, Peter J. - 2014

The average of periodic growth rates is a downwardly biased estimator of the rate of growth of a country. The higher the variance of the periodical growth rates, the higher the downward bias. The longer the business cycle, the higher the downward bias. In this short paper, we demonstrate these...

Persistent link: https://www.econbiz.de/10013050121

Pre-Reform Conditions, Intermediate Inputs and Distortions : Solving the Indian Growth Puzzle

Gupta, Abhay - 2009

This paper answers the puzzling questions that why under the similar set of economic conditions service sector in India grew while manufacturing could not and how economic reforms in 1990s accelerated the productivity growth. The paper provides a very innovative and convincing explanation. Two...

Persistent link: https://www.econbiz.de/10012718182

X-Efficiency Evolution : An Old-New Hypothesis about the Sources of Productivity Growth, from an Agent-Based Simulation

Smith, Nathanael - 2009

While mainstream economics assumes that firms are always on the production frontier, there is an evolutionary interpretation of competition according to which firms have different degrees of what Leibenstein (1964) called quot;X-efficiency,quot; and competition selects for higher X-efficiency....

Persistent link: https://www.econbiz.de/10012719598

Saving and Investment in US Economic Growth

Sy, Wilson N. - 2014

Key economic concepts of saving and investment are defined and discussed in this paper. It is shown that the equation “saving=investment” is a fundamental fallacy of macroeconomics due to a confusion between real and financial variables, and also between stock and flow variables. Economic...

Persistent link: https://www.econbiz.de/10013043655

Making Sense of Institutions as a Factor Shaping Economic Performance (Spanish Version)

Nelson, Richard R.; Sampat, Bhaven N. - 2006

There has recently been a resurgence of interest in how institutions affect economic performance. A review of this literature reveals that the concept of an 'institution' means different things to different scholars, both within economics and across the social sciences. This paper discusses what...

Persistent link: https://www.econbiz.de/10014056548