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The praxeology of L. von Mises and the theory of action of Alfred Schütz
Aranzadi del Cerro, Javier; Rodríguez, Ángel; Turmo, Jorge - In: New perspectives on political economy : NPPE ; a … 5 (2009) 1, pp. 17-32
The aim of this article is to investigate the relationship between the praxeology of L. von Mises and the theory of … action of Alfred Schütz. Because of the importance that Mises’ theory has had on economics it is interesting to highlight the … theory of the action is being more and more diffused in the social sciences and in the second place, because the importance …
Persistent link: https://www.econbiz.de/10003935368
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Looking into the rear-view mirror : lessons from Japan for the Eurozone and the U.S?
Siklos, Pierre L. - In: Asia and the global economy : AGE 1 (2021) 1, pp. 1-20
This paper reconsiders the narratives surrounding Japan's economic performance since the 1980s in relation to the experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking parallels. It is found that the poor reputation of the Bank...
Persistent link: https://www.econbiz.de/10012816140
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Evolving views on monetary policy in the thought of Hayek, Friedman, and Buchanan
Boettke, Peter J.; Smith, Daniel J. - In: The review of Austrian economics 29 (2016) 4, pp. 351-370
Persistent link: https://www.econbiz.de/10011668083
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Bank lending channel effectiveness : potential lessons for monetary policy
Świtała, Filip; Kowalska, Iwona; Malajkat, Karolina - In: Journal of banking and financial economics 19 (2023) 1, pp. 160-117
The article supplements the research on the effectiveness of monetary policy transmission - especially through the bank lending channel. The current study focuses on assessing the transmission of monetary impulses through commercial and cooperative banks as well as through individual loan...
Persistent link: https://www.econbiz.de/10014515074
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Exchange rate targeting versus inflation targeting : empirical analysis of the impact on employment and economic growth
Krušković, Borivoje - In: Journal of central banking theory and practice 9 (2020) 2, pp. 67-85
This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting) on economic growth and employment. On the panel of 18 countries for the period from 1996 to 2013, I tested the hypothesis that countries in exchange rate targeting have a...
Persistent link: https://www.econbiz.de/10012305750
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Constructing divisia monetary aggregates for Singapore
Barnett, William A.; Nguyen, Van H. - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-15
Since Barnett derived the user cost price of money, the economic theory of monetary services aggregation has been … developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have … microeconomic aggregation or index number theory. However, most central banks in the world, including that of Singapore, the …
Persistent link: https://www.econbiz.de/10012626752
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How justified is abandoning money from monetary policy? : evidence from dynamically simulated ARDL
Adil, Masudul Hasan; Hatekar, Neeraj R. - In: Cogent economics & finance 11 (2023) 1, pp. 1-20
The stable money demand function is a crucial policy tool of the monetary policy of any central bank, which links the monetary sector of an economy to its real sector. Notably, after the global financial crisis of 2007-08, the role of money has come to be envisaged as an essential issue while...
Persistent link: https://www.econbiz.de/10014500858
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Rationalities and their limits : reconstructing Neurath's and Mises's prerequisites in the early socialist calculation debates
Linsbichler, Alexander - In: Research in the history of economic thought and … 39B (2021), pp. 95-128
Persistent link: https://www.econbiz.de/10012612684
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Rationality and business cycle theory in the Austrian tradition : a note on methodology
Papageorgiou, Theofanis; Michaēlidēs, Panagiōtēs G. - In: Atlantic economic journal : AEJ 49 (2021) 4, pp. 377-391
Persistent link: https://www.econbiz.de/10013175516
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DLT options for CBDC
Guo, Sky; Kreitem, Joseph; Moser, Thomas - In: Journal of central banking theory and practice 13 (2024) 1, pp. 57-88
This paper provides an overview of the distributed ledger technology (DLT) options available to central banks for issuing central bank digital currency (CBDC). We discuss the main requirements that a DLT solution must fulfill and analyze the various structures for implementation offered by DLT -...
Persistent link: https://www.econbiz.de/10014496284