Showing 1 - 10 of 18,519
Persistent link: https://www.econbiz.de/10001135301
Persistent link: https://www.econbiz.de/10001393499
Following the 2007-09 financial crisis, mainstream finance theory was criticized for failing to forecast the market … crash, which resulted in large losses for investors. Has our finance theory, which many consider an idealization that does … not take reality into account, failed investors? Do we need to reconsider the theory and how it is taught (and practiced …
Persistent link: https://www.econbiz.de/10013027354
In New Keynesian as well as in Post Keynesian macroeconomic models, money supply is assumed to be endogenous. The reasons for the endogeneity and the role of the financial sector in the supply process, however, are seen very different. In this paper we explicitly derive the behaviour of the...
Persistent link: https://www.econbiz.de/10003765967
Persistent link: https://www.econbiz.de/10003946605
Persistent link: https://www.econbiz.de/10001315897
hypothesis and provide evidence consistent with neoclassical microeconomic theory. Statistical tests reject the appropriateness …
Persistent link: https://www.econbiz.de/10012915977
Persistent link: https://www.econbiz.de/10010253546