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Persistent link: https://www.econbiz.de/10002062866
This chapter explains how the generation of renewable energy and the creation of sustainable communities can guide capitalism to survive climate change on a self-reinforcing basis. The process depends upon introducing an ecological “use it or lose it” rule for owning money, land, buildings...
Persistent link: https://www.econbiz.de/10012945816
Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often overlooked in the literature. This paper compares in ation volatility among advanced open economies with in ation targeting monetary policy frameworks. The results of the empirical...
Persistent link: https://www.econbiz.de/10012249671
This paper discusses how monetary policy in Sweden has evolved since 1973. We provide a chronology of the different … rate regime (1973 - 1992) and the inflation targeting regime (1993 - 2022). Inflation in Sweden has been more stable under … developments in Sweden have in many respects been similar to that of Denmark. Lastly, we identify and discuss recurrent themes in …
Persistent link: https://www.econbiz.de/10014481194
In the modern lexicon, money is pure instrumentality, a colorless medium that transparently expresses real value. Contrary to that trope, however, we can get “inside” money: we can reconnoiter it as a structure entailing value that is engineered by certain societies. Taking a...
Persistent link: https://www.econbiz.de/10013000178
In the context of recent developments with cryptocurrencies, as well as the potential rise of central bank digital currencies, we present a new visualisation of money. Using three novel figures, we distinguish between the relevant mechanisms, technologies, recordkeeping, and transactions of...
Persistent link: https://www.econbiz.de/10012860773
Habermas’s theory of the legitimation crisis. In particular, this section will discuss how an economic crisis can lead to a …
Persistent link: https://www.econbiz.de/10014179691
Persistent link: https://www.econbiz.de/10013095755
We test the quantity theory of money (QTM) using a novel approach and a large new sample. We do not follow the usual …
Persistent link: https://www.econbiz.de/10010427532
We test the quantity theory of money (QTM) using a novel approach and a large new sample. We do not follow the usual …
Persistent link: https://www.econbiz.de/10003951666