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plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of …
Persistent link: https://www.econbiz.de/10009524338
This paper develops the building blocks for a legal theory of finance. LTF holds that financial markets are legally …
Persistent link: https://www.econbiz.de/10013065037
This paper develops the building blocks for a legal theory of finance. LTF holds that financial markets are legally …
Persistent link: https://www.econbiz.de/10013097823
–“natural rate theory”- dominated interpretations of economic trends and policy prescriptions since the 1970s. Public policy …. Economic trends were filtered through the lens of the “natural rate theory,” focusing on labor market institutions only and … allow markets to operate more freely, i.e. to bring the real world closer to the idealized theoretical model. This paper …
Persistent link: https://www.econbiz.de/10008651698
Persistent link: https://www.econbiz.de/10011791751
Dieses Buch betrachtet die Entwicklung der funktionalen und personellen Einkommensverteilung und deren Verortung im … funktionalen und zur personellen Einkommensverteilung dargestellt. Ansätze der Mainstream-Ökonomie werden heterodoxen Ansätzen … betrachtet, konkret wird die Entwicklung der funktionalen bzw. personellen Einkommensverteilung in insgesamt 14 Ländern zwischen …
Persistent link: https://www.econbiz.de/10014019041
This paper identifies leading indicators of fiscal crises based on a large sample of countries at different stages of development over 1970-2015. Our results are robust to different methodologies and sample periods. Previous literature on early warning sistems (EWS) for fiscal crises is scarce...
Persistent link: https://www.econbiz.de/10012912485
We build an agent-based dynamical system for the global economy to investigate and analyze financial crises. The agents are large aggregates of a subeconomy, and the global economy is a collection of subeconomies. We use well-known theories of dynamical systems to represent a financial crisis as...
Persistent link: https://www.econbiz.de/10013076693
evaluation of systemic risks. In this article, we use classical perturbation theory of dynamical systems to measure the global …
Persistent link: https://www.econbiz.de/10013132842
stock exchanges began to shut down around the world. I attribute the lagging reaction to the complexity of the political … inevitable impact on world financial markets.I also examine the ability of market interventions to mitigate the impact of …
Persistent link: https://www.econbiz.de/10012978570