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der aktuellen Wirtschaftskrise abgeschätzt: Erst-mals seit 60 Jahren schrumpft die Weltwirtschaft.[1] Die Ökonometriker … Wirtschaftskrise bestätigt gleichsam spiegelbildlich die weltweite Vernetzung des Wirtschaftens: Grundsätzlich kann sich ihr kein Land …
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This paper estimates a nonlinear Threshold-VAR to investigate if a Keynesian liquidity trap due to a speculative motive was in place in the U.S. Great Depression and the recent Great Recession. We find clear evidence in favor of a breakdown of the liquidity effect after an unexpected increase in...
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The world economy entered the third decade of this century with uncertainties and challenges of COVID-19 pandemic … empirical evidence to critically study external and internal economic processes and policies particularly of major world …
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for policy-makers and economists looking ahead to a more sustainable economic atmosphere"-- …
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Supplies -- Interest Rates and Uncertainty Upends the Quantity Theory of Money -- Money and the Great Depression -- Keynes …
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