While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.

Предпринимательская деятельность основана на максимизации прибыли для того, чтобы увеличить размер собственного капитала, расширить производство и на...

Sustaining and accelerating agricultural growth remains a development imperative in view of persistent rural poverty and emerging threats to food security. While growth can be achieved by expansion of agricultural area and input intensification, growth through improvement in productivity is a...

The historical development of the system is shown from the beginning unto 2001. Several picked important problems are discussed ( i.e. small stages - character and importance of the directors and their influence on the demand ) and tested ba statistical methods. The development of the subsidies...

Over the 26 year study period a consistent increase in the demand for academic ophthalmologists was noted (34% of HWI in 1980 to 74% in 2005). There was also a consistent increase in the demand for specialists (31% of HWI in 1980 to 80% in 2005), especially demand for retina specialists. There...

This article addresses the impact of brand extensions on the brand equity of luxury brands. A review of the developments in the luxury market has shown significant changes in demand and supply sides. The luxury market has been growing rapidly over the last 20 years, and luxury brands, formerly...

It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the many critiques or that as a collective they completely...

We take a structural approach to assessing the empirical importance of shocks to the supply of bank-intermediated credit in affecting macroeconomic fluctuations. First, we develop a theoretical model to show how credit supply shocks can be transmitted into disruptions in the production economy....

We examine the determinants of involuntary part-time employment, focusing on variation associated with the business cycle and variation attributable to more persistent structural features of the labor market. Our theoretical framework distinguishes between workers' decision to seek part-time...

This work built on financial literature on rolling window Granger-causality testing (RWGCT) methodology, specifically expanding its early theme of speculative trading which emerged in 2009 following the food price crisis. Although many times driving the commodity prices in reality, the...