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The network origins of aggregate fluctuations
Acemoglu, Daron; Carvalho, Vasco M.; Ozdaglar, Asuman E.; … - 2011
This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the...
Persistent link: https://www.econbiz.de/10009489113
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The Network Origins of Aggregate Fluctuations
Acemoglu, Daron; Carvalho, Vasco M.; Ozdaglar, Asuman E.; … - 2012
This paper argues that, in the presence of intersectoral input–output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. We show that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the structure of the...
Persistent link: https://www.econbiz.de/10014042387
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Development, Growth and Volatility
Moro, Alessio - 2010
Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow slower, are less volatile and have a larger share of services in GDP with respect to economies at middle stages. I propose a theory of development consistent with these three facts....
Persistent link: https://www.econbiz.de/10013141336
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International entrepreneurship in universities : context, emergence and actors
Evers, Natasha; Cunningham, James; Hoholm, Thomas - In: Journal of international entrepreneurship 14 (2016) 3, pp. 285-295
Persistent link: https://www.econbiz.de/10011719191
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Long waves of capitalist development : an empirical investigation
Basu, Deepankar - 2016
In this paper, I investigate the phenomenon of long waves of capitalist development from two perspectives. First, I look for evidence of long waves of economic growth taking the dates for turning points of long waves from the historical literature (Mandel, 1995). Using historical data for 20...
Persistent link: https://www.econbiz.de/10011573533
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Исследование Динамики Благосостояния Человека Наёмного Труда Средствами Политической Географии (Study of the Dynamics of Human Well-Being by Means of Political Geography)...
Antoncheva, Olga; Fpanasenko, Tatiana - 2022
Логика марксизма требует, чтобы ухудшение положения человека наемного труда по мере развития капитализма было доказано. В абсолютном выражении оно было...
Persistent link: https://www.econbiz.de/10013305812
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Cryptocurrencies : A Legal Regulatory System
Di Pietro, Massimiliano - 2021
Abstract. A system that allows you to easily regulate the cryptocurrency market and influence it thanks to the classification given by their scalability. The opportunity to be included in a different table will push programmers to adapt to the legislation. It will no longer be the right to have...
Persistent link: https://www.econbiz.de/10013235796
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Piketty's r > g Explained by Changes in the Average Productivity of Capital
Benítez Sánchez, Alberto - 2016
This article studies the ratio of the rates of profit and growth, in a growing economy, as a function of the average productivity of capital. It is shown that, if the savings rate and also the distribution of income between wage and profit are constant, the ratio mentioned remains constant or...
Persistent link: https://www.econbiz.de/10012981111
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Piketty's Inequality between the Profit and Growth Rates and Its Implications for the Reproduction of Economic Elites
Benítez Sánchez, Alberto - 2017
This paper studies, within a growth model, some effects of the inequality between the profit and growth rates on the reproduction of economic elites. To this end, it considers as functions of the capital/income ratio the relations between, on the one hand, the rate of economic growth and, on the...
Persistent link: https://www.econbiz.de/10012962048
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Input-output networks and growth performances across countries
Duman, Alper; Ertan Özgüzer, Gül - 2015
-output network characteristics. We employ a new centrality measure developed by Blöchl et al. (2011) for directed networks with self … indices of these centrality measures to output growth reveals that countries with less heterogenous IO networks tend to grow … importance of designation of sectoral policy measures to counteract heterogeneity of IO networks. …
Persistent link: https://www.econbiz.de/10011536870