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Global imbalances, monetary disorder, and shrinking policy space: Keynes's legacy for our troubled world
Carabelli, Anna M.; Cedrini, Mario A. - In: Intervention. European Journal of Economics and … 07 (2010) 2, pp. 303-323
The paper aims at showing that revisiting Keynes's early writings on international economic relations and some less well-known episodes of his economic diplomacy, with special attention being paid to the methodological issues involved, may disclose useful insights in understanding the features...
Persistent link: https://www.econbiz.de/10014363100
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Karl Marx's thoughts on functional income distribution: a critical analysis from a Keynesian and Kaleckian perspective
Herr, Hansjörg - In: European Journal of Economics and Economic Policies: … 16 (2019) 2, pp. 272-285
In Marx's explanation of functional income distribution, wages are given as a basket of goods needed for the reproduction needs of the working class. Profits are then the remaining part of income creation. Marx's explanation of functional income distribution has several theoretical and practical...
Persistent link: https://www.econbiz.de/10014363356
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The Economics of Ageing and the Political Economy of Old Age
Jackson, William A. - In: International Review of Applied Economics 8 (1994) 1, pp. 31-45
Economic discussion of ageing has been largely neoclassical in approach. Ageing has become a specialism within population economics, which is itself a specialism within the neoclassical mainstream. An alternative view has come from authors in sociology and social policy, who have produced their...
Persistent link: https://www.econbiz.de/10013347612
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Employment Determination with Variable Productivity
Jackson, William A. - In: British Review of Economic Issues 12 (1990) 28, pp. 53-65
A macroeconomic model can depict employment only if it includes an account of the organisation of production. Keynes and many Keynesian writers have retained a neoclassical view of production, with fixed, technically efficient production functions; such a view is restrictive and neglects the...
Persistent link: https://www.econbiz.de/10014338611
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Modelling accumulation: A theoretical and empirical application of the accelerator principle under uncertainty
Arestis, Philip; González, Ana Rosa; Dejuán, Óscar - In: Intervention. European Journal of Economics and … 09 (2012) 2, pp. 255-276
In this paper we derive a theoretical macro accumulation function, which relies on the accelerator principle and is complemented by utilizing capacity and profits. This investigation also accounts for several sources and kinds of uncertainty: exchange rates for financial uncertainty, oil prices...
Persistent link: https://www.econbiz.de/10014363153
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On capital, saving, and investment in the twenty-first century: a reply to Hein
von Weizsäcker, Carl Christian; Krämer, Hagen M. - In: European Journal of Economics and Economic Policies: … 18 (2021) 3, pp. 303-309
observed in the OECD countries and China and make various economic policy recommendations based on it. We have developed a new …
Persistent link: https://www.econbiz.de/10014363427
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El efecto de China en el comercio internacional de América Latina
Montenegro, Claudio E.; Pereira, Mariana; Soloaga, Isidro - In: Estudios de Economía 38 (2011) 2, pp. 341-368
Using a gravity model, this article presents an analysis of aggregate trade flows aimed at identifying China's impact … on Latin America's trade. The results obtained indicate that: i) China's growth in the last years implied a growing …; and iii) a positive relationship between imports from China and exports to third markets was only found for the Southern …
Persistent link: https://www.econbiz.de/10011538726
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A productivity analysis considering environmental pollution and diseases in China
Cao, Huijuan; Fujii, Hidemichi; Managi, Shunsuke - In: Journal of Economic Structures 4 (2015), pp. 1-19
Environmental pollution and human health problems are becoming serious issues in China. This research focuses on …, environmental and health-related factors. Our dataset includes information of 29 areas in China from 2003 to 2009. We find that …
Persistent link: https://www.econbiz.de/10011552015
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Cross-listing, managerial compensation and corporate governance
Luo, Yongli - In: Cogent Economics & Finance 2 (2014) 1, pp. 1-17
This study examines the relationship between cross-listing and managerial compensation of Chinese firms that concurrently issued A- and B-shares or A- and H-shares during 2001 - 2010. The results show that executive compensation is a positive factor to motivate Chinese A-share firms to...
Persistent link: https://www.econbiz.de/10011559138
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Do initial reserves signal long-term IPO stock performance?
Cheng, Peng - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-11
This research examines the long-run Initial Public Offerings (IPO) stock performance of a large Chinese sample, and in particular the relationship between initial reserves (capital reserves and revenue reserves immediately after the IPO) and long-run IPO stock performance. In general, Chinese...
Persistent link: https://www.econbiz.de/10011559155