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The analogy between Hayekian monetary dynamics and the Friedman/Phelps accelerationist hypothesis is more problematic than some commentators have been prepared to admit. Hayek´s presentation of the 1930s did not produce a convincing argument in defense of the proposition that accelerating...
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This is a research on Political Economy, Macroeconomics and Applied Economy, based on the Austrian Economics ́ approach over the economic cycles and applied to the Spanish case (2002-2014). Attention is focused on the endemic problem of economic cycles, such as successive and distorting periods...
Persistent link: https://www.econbiz.de/10015338473
This is a research on Political Economy, Macroeconomics and Applied Economy, based on the Austrian Economics' approach over the economic cycles and applied to the Spanish case (2002-2014). Attention is focused on the endemic problem of economic cycles, such as successive and distorting periods...
Persistent link: https://www.econbiz.de/10015372211
Review of economic fundamentals and invitation to dialogue between economic schools for a better understanding and management of economic cycles. It is based on the theory of capital and the economic cycles of the Austrian Economics, since it is one of the few that considers money non - neutral...
Persistent link: https://www.econbiz.de/10014636547
Review of economic fundamentals and invitation to dialogue between economic schools for a better understanding and management of economic cycles. It is based on the theory of capital and the economic cycles of the Austrian Economics, since it is one of the few that considers money non - neutral...
Persistent link: https://www.econbiz.de/10015326401
It is well known that government monetary policies significantly impact financial markets. There have been numerous studies examining the relationship between monetary policy and the prices of financial assets, including equities and bonds. Little, however, has been done to explore the impact of...
Persistent link: https://www.econbiz.de/10015192068
This paper reviews the main properties of mixed-form (price) indices, in other words, chained indices which in real time behave as direct (fixed-base) indices. The European Union HICP is used as demonstration material.
Persistent link: https://www.econbiz.de/10015192782
With the rapid digitization of financial transactions, central banks have given considerable focus in recent years to the research and development of central bank digital currencies (CBDCs). While CBDCs could offer several advantages, there are concerns about end-user privacy. Traditional...
Persistent link: https://www.econbiz.de/10015209875