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. Therefore one contribution of disequilibrium economics to business cycle theory may be a consistent formulation of the ideas of …
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Is it possible to control and optimize technology transfer process? Engineers and quality practitioners are often faced with the problem of determining the optimal choice of key factor in the tolerance process evaluation regarding the quality of the process to be monitored. To guarantee a...
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This paper builds a DSGE model for a small open economy (SOE) in which the central bank intervenes the domestic currency bond and FX markets using two policy rules: a Taylor-type rule and a rule that determines the rate of nominal depreciation. The 2 'corner' regimes, in which only one policy...
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suited to explain money creation along the lines of mainstream theory. Additionally it uncovers a potential instability that …
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