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Most of the chapters in Mundell's International Economics differ, owing to adaptation, from the original sources. The revisions yield valuable insights into the contributions made by the initial publications. In this paper we look only at the changes that take the form of elisions of material....
Persistent link: https://www.econbiz.de/10005825558
It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...
Persistent link: https://www.econbiz.de/10008543780
The proof of the existence of the Standard commodity contained in Sraffa's book (section 37) has been debated recently. Lippi (2008) has argued that the algorithm in section 37 of Sraffa’s book is not precisely stated and does not need to converge to the desired eigenvalue and eigenvector. In...
Persistent link: https://www.econbiz.de/10008548820
The paper presents the history of the contribution of two American economists to a radical cause: the establishment of a socialist and politically united Africa. The setting is 1960s Ghana which under Kwame Nkrumah, the man who led the country to independence from British colonial rule, emerged...
Persistent link: https://www.econbiz.de/10010764305
Assuming the division of behavioral economics into old and new, the paper begins to argue that old behavioral economics began with the works of two giants – George Katuna and Herbert Simon during the 1950s and early 1960s. The contributors of Herbert Simon are well established, thanks to the...
Persistent link: https://www.econbiz.de/10010577408
In the following text we introduce those approaches to the methodology of economics that are relevant from the perspective of post-Keynesianism. After a partially historical outline of philosophical and methodological stances of John Maynard Keynes and Nicholas Kaldor we attempt to shed some...
Persistent link: https://www.econbiz.de/10008752945
Tomando como punto de partida las dificultades económicas actuales, se pretende, siguiendo el modelo cíclico de Ibn Jaldún, una aproximación a las oscilaciones de la actividad económica teniendo en cuenta simultáneamente los lados de la oferta y de la demanda, entendiendo que el...
Persistent link: https://www.econbiz.de/10008794515
Contrary to the traditions of banking itself, which stretch back many centuries, cost accounting within banks is still in its relative infancy. It was only in the 1920s that any intensive theoretical or practical efforts were made to break down and understand the cost structures of banks. This...
Persistent link: https://www.econbiz.de/10011096056
In 1931 Ragnar Frisch became professor at the University of Oslo. By way of his research, a new study programme and new staff he created the ”Oslo School”, characterised by mathematical modelling, econometrics, economic planning and scepticism towards the market economy. Consequently,...
Persistent link: https://www.econbiz.de/10005558384
As the conception of and debates on regional powers have been led by political science, this pa-per aims to contribute to the discussion from an economics perspective. Based on the discussion of different concepts of economic power - such as those of Schumpeter, Perroux, Predöhl, or...
Persistent link: https://www.econbiz.de/10010293523