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Entropy of Economic Energy : the Eternal Escape
Butriy, Olena - 2021
The entropy could be understood as an increase of disorder in the system with time, while an order can be created by adding the energy to the isolated or quasi-isolated system.From the perspective of entropy, the economic or world governance has its optimal mode when a big system consists of...
Persistent link: https://www.econbiz.de/10013228583
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The theory of interhybridity : socio-political dimensions and migration
Aliu, Armando - 2013
legal/political approaches and the transformation of former communist institutions. Indeed, the EU agenda has brought … vertical/horizontal integration and Europeanization of national institutions (i.e. shifting power to the EU institutions and … regulations, remittances, asylum and migration as an aggregate process). The convergence/divergence of EU member states …
Persistent link: https://www.econbiz.de/10010201647
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Property's Effect on Economic Inequality – Property, Piketty, and Capitalism
Forbes, Lucas - 2022
This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...
Persistent link: https://www.econbiz.de/10013296986
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The stability pack and inefficiencies in fiscal policy making in EMU
Alho, Kari E. O. - 2000
The aim of the paper is to analyse the Stability and Growth Pact of EMU in a two-country model of monetary union with rational expectations and with spillovers of macroeconomic policies between the countries. The paper concentrates on tax policy, and shows that the results on optimal policy...
Persistent link: https://www.econbiz.de/10010199298
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Convergence and Optimum Currency Area, as Advanced Economic Integration
Andrei, Liviu - 2014
and customs union into: (iii) economic convergence and (iv) optimal currency area. The last two will be emphasized by our …
Persistent link: https://www.econbiz.de/10013044730
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The New View on Fiscal Policy and Its Implications for the European Monetary Union
Pekanov, Atanas - 2018
, would have delivered better macroeconomic outcomes during the Eurozone crisis. We then discuss what such an approach could …
Persistent link: https://www.econbiz.de/10012919983
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The New View on fiscal policy and its implications for the European Monetary Union
Pekanov, Atanas - 2018
, would have delivered better macroeconomic outcomes during the Eurozone crisis. We then discuss what such an approach could …
Persistent link: https://www.econbiz.de/10011844662
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Welfare convergence in transition economies
Matkovskaya, Veronika V.; Veselov, Dmitriy - 2022
Persistent link: https://www.econbiz.de/10013193334
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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework
Aghion, Philippe; Howitt, Peter - 2005
analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as … the same framework can be used to analyze how growth interacts with development and cross-country convergence and …
Persistent link: https://www.econbiz.de/10014023785
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Industrialization, economic and political power
Brownlow, Graham - In: Handbook of industrial development, (pp. 75-89). 2023
Persistent link: https://www.econbiz.de/10014329211