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A post Keynesian perspective on the rise of Central Bank independence : a dubious success story in monetary economics
Bibow, Jörg - 2010
This paper critically assesses the rise of central bank independence (CBI) as an apparent success story in modern monetary economics. As to the observed rise in CBI since the late 1980s, we single out the role of peculiar German traditions in spreading CBI across continental Europe, while its...
Persistent link: https://www.econbiz.de/10008664014
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A model of the decisive role of central bank cooperation and conflict
Pope, Robin; Selten, Reinhard; Kube, Sebastian; Kaiser, … - 2007
Opinion is divided on whether it is better to have a single world money or variable exchange rates.Pope, Selten and von Hagen (2003) propose that fresh light would be shed via an analysis that allows forseven complexity impacts on the exchange rate that are underplayed (where not entirely...
Persistent link: https://www.econbiz.de/10003612858
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Modelling economic hysteresis losses caused by sunk adjustment costs
Göcke, Matthias; Matulaityte, Jolita - 2015
level of a single firm and use explicit aggregation tools from hysteresis theory in mathematics and physics to calculate …
Persistent link: https://www.econbiz.de/10011392135
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Directed technical change and capital deepening : a reconsideration of Kaldor's technical progress function
Schlicht, Ekkehart - 2015
production function with Kaldor's technical progress function while maintaining a marginalist theory of factor prices in the …
Persistent link: https://www.econbiz.de/10011281275
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Directed technical change and capital deepening : a reconsideration of Kaldor's technical progress function
Schlicht, Ekkehart - 2014
production function with Kaldor's technical progress function while maintaining a marginalist theory of factor prices in the …
Persistent link: https://www.econbiz.de/10010464709
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Directed technical change and capital deepening : a reconsideration of Kaldor's technical progress function
Schlicht, Ekkehart - 2014 - This version: June 3, 2014
production function with Kaldor's technical progress function while maintaining a marginalist theory of factor prices in the …
Persistent link: https://www.econbiz.de/10010464712
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A Post Keynesian Perspective on the Rise of Central Bank Independence : A Dubious Success Story in Monetary Economics
Bibow, Jörg - 2010
This paper critically assesses the rise of central bank independence (CBI) as an apparent success story in modern monetary economics. As to the observed rise in CBI since the late 1980s, we single out the role of peculiar German traditions in spreading CBI across continental Europe, while its...
Persistent link: https://www.econbiz.de/10013137077
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Inefficiencies and Inequities of Capitalism - And How They Can Be Reduced
Turnbull, Shann - 2011
Perpetual property rights to land, structures, corporations and money allows investors to be overpaid to create inefficiencies and inequities in a way not measured by accountants and little noticed by economists. All intellectual property rights have limited life. Most assets depreciate over...
Persistent link: https://www.econbiz.de/10013124770
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Post-Keynesianism Without Modernity
Danby, Colin - 2010
A robust and critical post-Keynesianism can be specified on the basis of time, uncertainty, and the investigation of the institutions that structure material life, without presupposing what those institutions are. This paper criticises the inclusion in influential presentations of the axiomatic...
Persistent link: https://www.econbiz.de/10013150394
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Methodology for Theory Building in Islamic Economics
Khan, Muhammad - 2018
, a little progress has been made in developing theory of Islamic economics. The paper proposes a methodology for making a …. The paper argues that the Muslim economists can proceed toward developing theory by translating human understanding of the … the Qur'an which have some content for developing economic theory. These themes are: riba, infaq, shukr, tauba and taqwa …
Persistent link: https://www.econbiz.de/10012935766