Standard presentations of stock-flow consistent modeling use specific Post Keynesian closures, even though a given …). In this model there are eight different possible dynamic closures of the same underlying accounting structure. We … classify the possible closures and discuss three of them in detail: the 'standard' Godley-Lavoie closure, where government …

harmful than closures, but quantify those effects, and provide information on the divested-sector role. In any case, some …

rationalization' in the form of a massive wave of mine closures over 1924-29 played a significant role in pushing aggregate labour … improvements at individual mines attributable to the intensified mechanization of underground operations. Closures regularly raised … aggregate productivity in the year after the closure had been conducted; closures also pushed productivity by way of ceding …

the pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and whether small … businesses were disproportionately hit. This paper provides the first analysis of permanent business closures using confidential … Fee Administration. We find large increases in closures rates in the first two quarters of 2020, but a strong reversal of …

Standard presentations of stock-flow consistent modeling use specific Post Keynesian closures, even though a given …). In this model there are eight different possible dynamic closures of the same underlying accounting structure. We … classify the possible closures and discuss three of them in detail: the “standard” Godley-Lavoie closure, where government …

harmful than closures, but quantify those effects, and provide information on the divested-sector role. In any case, some …