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Persistent link: https://www.econbiz.de/10013460077
I Preliminaries: Introduction -- Abstract Social Choiuce Problems and Concrete Resource Allocation Problems -- Describing an Allocation Problem: a Checklist -- II Axiom Types: Axiom Format -- Axiom Content: Delineating Broad Categories -- Axiom Content: Punctual Requirements on Welfare...
Persistent link: https://www.econbiz.de/10014340331
Persistent link: https://www.econbiz.de/10014230959
The economic crisis has brought a new situation also for the Hungarian economic policy, as neoliberalism as the main trend in economic thought is no longer valid. This phenomenon cannot be reduced to be a mere macroeconomic course shift, as an entire economic philosophy and approach has lost its...
Persistent link: https://www.econbiz.de/10010304670
This paper examines several mainstream explanations of the financial crisis and stagnation and the role they attribute to income inequality. Those explanations are contrasted with a structural Keynesian explanation. The role of income inequality differs substantially, giving rise to different...
Persistent link: https://www.econbiz.de/10011304481
This report presents the findings of a study which sought to examine the impact of Philippine government regulations on the status of Filipino domestic workers. The Migrants Workers and Overseas Filipinos Act of 1995 or RA 8042 and its amendments (RA 9422 in 2006 and RA 10022 in 2010) were aimed...
Persistent link: https://www.econbiz.de/10011421204
The purpose of this work is to present a sort of short selective guide to an enormous and diverse literature on learning processes in economics. We argue that learning is an ubiquitous characteristic of most economic and social systems but it acquires even greater importance in explicitly...
Persistent link: https://www.econbiz.de/10010328549
The article tries to answer an old question of economic theory and institutional economics: How do trade unions fit into a market economy? Are they a constitutive element of the market order or: are they a source of irritation and disruption?
Persistent link: https://www.econbiz.de/10010332819
Existing uncertainties about the correct explanations for economic growth and business cycles cannot be settled by aggregative analysis within the neoclassical framework. Current disputes in theory rest largely on ad hoc, casually empirical, assumptions about departures from perfect rationality...
Persistent link: https://www.econbiz.de/10010335078
This paper addresses various attempts by so-called new Keynesians, writing mainly in the 1980s and 1990s, to strengthen the analytical basis, in particular the microeconomic foundations, of these assertions. What, exactly, have then the new Keynesians accomplished, and how should their...
Persistent link: https://www.econbiz.de/10010335193