Showing 1 - 10 of 2,965
Persistent link: https://www.econbiz.de/10010342482
Persistent link: https://www.econbiz.de/10013269798
replaced in the following. The formal point of reference is ‘the integrated approach to credit, money, income, production and …
Persistent link: https://www.econbiz.de/10011258616
Marx, after his epistemological break described by Althusser. The accounting practice of defining and measuring income and … for converting quantities of labour-time in terms of money, which accounts for explicit and implicit costs, is proposed. …
Persistent link: https://www.econbiz.de/10011259412
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011259823
Economists are fond of the physicists’ powerful tools. As a popular mindset Toolism is as old as economics but the transplants failed to produce the same successes as in their aboriginal environment. Economists therefore looked more and more to the math department for inspiration. Now the tide...
Persistent link: https://www.econbiz.de/10011260316
due to the price hikes in the early 1970s. We investigate the causal relations between real money and real income, between … nominal money and nominal income, and between nominal money and prices using the annual data set from 1959-60 to 2003 … of income, the study finds the feedback mechanism of money, which is generally missing in the earlier studies probably …
Persistent link: https://www.econbiz.de/10009363999
This paper is an attempt to revisit the pioneering work of Riazuddin and Khan (2002). A complete business cycle has been elapsed (2002-2010) since their study, so there is need to review the results with additional information. This revisited attempt, based on a theoretically specified...
Persistent link: https://www.econbiz.de/10009321494
Higher income is associated with greater well-being, but do income gains and losses impact on well-being differently … falls in income have a larger impact on well-being than equivalent income gains. The effect is not explained by the … diminishing returns to well-being of income. Our findings show that loss aversion applies to experienced losses, counteracting …
Persistent link: https://www.econbiz.de/10011126714
Using annual data from several sources, we study the evolution of M1, M2, income, prices and long and short interest … rates in Ireland over the period 1933-2012. We find cointegration and that prices, income and interest rates are weakly … relatively high income elasticity, and detect parameter instability. We estimate a short-run M2 demand function that passes a …
Persistent link: https://www.econbiz.de/10011084447