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-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances … sending channels increase access to financial services for remittance-sending and remittance-receiving households. Africa, and … countries. We find that in comparison to traditional remittances sending channels, mobile money transfer channels are often …
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more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed … powerful argument for how economics must change to get us out of it. Roger E.A. Farmer traces the swings between classical and … Keynesian economics since the early twentieth century, gracefully explaining the elements of both theories. During the Great …
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The current crisis is like an earthquake for the theoretical foundations of economic policies, which have guided governments and central banks for the last few decades. The efficient market hypothesis and its application to labor markets –“natural rate theory”- dominated interpretations of...
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We study analytically and numerically Minsky instability as a combination of top-down, bottom-up and peer-to-peer positive feedback loops. The peer-to-peer interactions are represented by the links of a network formed by the connections between firms; contagion leading to avalanches and...
Persistent link: https://www.econbiz.de/10013059638