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Locational competition: A neglected paradigm in the international division of labour

Siebert, Horst - 2005

Krugman's verdict that competitiveness of countries is a largely meaningless concept is a serious misjudgement of the economics profession. Countries compete for the mobile factors of production, most importantly for capital and technology. The exit-option of these factors and of firms changes...

Persistent link: https://www.econbiz.de/10010273170

Multifractality and long-range dependence of asset returns: The scaling behaviour of the Markov-switching multifractal model with lognormal volatility components

Liu, Ruipeng; Di Matteo, Tiziana; Lux, Thomas - 2008

In this paper we consider daily financial data from various sources (stock market indices, foreign exchange rates and bonds) and analyze their multi-scaling properties by estimating the parameters of a Markov-switching multifractal model (MSM) with Lognormal volatility components. In order to...

Persistent link: https://www.econbiz.de/10010273174

Arbeitssparender technischer Fortschritt und Löhne

Gundlach, Erich - 2007

Einfache Lehrbuchmodelle liefern widersprüchliche Aussagen zu den Wirkungen eines arbeitssparenden technischen Fortschritts auf die Löhne. Ein Modell der offenen Volkswirtschaft mit zwei Diversifizierungskegeln zeigt verschiedene Möglichkeiten auf, wie der arbeitssparende technische...

Persistent link: https://www.econbiz.de/10010273179

Inflation persistence and the Philips curve revisited

Karanassou, Marika; Snower, Dennis J. - 2007

A major criticism against staggered nominal contracts is that they give rise to the so called "persistency puzzle" - although they generate price inertia, they cannot account for the stylised fact of inflation persistence. It is thus commonly asserted that, in the context of the new Phillips...

Persistent link: https://www.econbiz.de/10010273181

A linguistic turn of terrorism studies

Staun, Jørgen - 2009

Persistent link: https://www.econbiz.de/10010273184

From network to class? Towards a more complex conception of connection and sociability

Bourgouin, France - 2009

The notion of networks is frequently used by social science scholars in order to explain various forms of social and economic linkages. In this Working Paper, I question why it is that we have replaced older notions of sociality such as culture, community, or group with network, and what the...

Persistent link: https://www.econbiz.de/10010273191

Liberalism as a 'project to be realized'

Williams, David - 2009

that focuses on the connection between liberal theory and the practices of liberal agency. In this view liberal theorising …

Persistent link: https://www.econbiz.de/10010273209

Are financial markets embedded in economics rather than society? A critical review of the performativity thesis

Henriksen, Lasse Folke - 2009

have it). Coming from actor-network theory, the literature contributes conceptually to an extended ontology of markets and …) Divide between finance the-ory and financial markets. However, the review finds that the literature is marked by a … methodological bias. The lit-erature works with the microsociological methods of actor-network theory and thus tends to deliver …

Persistent link: https://www.econbiz.de/10010273237

International financial institutions and the provision of international goods

Stiglitz, Joseph E. - In: EIB Papers 3 (1998) 2, pp. 116-132

address these questions from the perspective of the theory of international public goods, which is a powerful way to organise …

Persistent link: https://www.econbiz.de/10010273273

Does technical progress create unemployment?

Saint-Paul, Gilles - In: EIB Papers 3 (1998) 1, pp. 55-64

Political opposition to technical change is not a new phenomenon; at the plant level, organised labour has often resisted implementation of new technologies, as is exemplified by the Luddites in the nineteenth century, the dockers' strikes against the use of containers in Britain in the early...

Persistent link: https://www.econbiz.de/10010273279