Similar Search Results

Financial Keynesianism and Market Instability

Wray, L. Randall - 2011

two years ago is a classic “Fisher-Minsky” debt deflation. The appropriate way to analyze this transformation and collapse …

Persistent link: https://www.econbiz.de/10013128523

The Paradox of Monetary Profits : An Obstacle to Understanding Financial and Economic Crisis?

Bruun, Charlotte - 2011

Marx and Keynes tried to solve the problem by addressing current transaction flows, which is also the approach taken by … Marx. Capitalists as a whole can at most get from workers, what they already paid out in wages. Marx did not solve this … problem, and neither did Keynes, who had to face the problem in "The General Theory". A consequential logical conclusion to …

Persistent link: https://www.econbiz.de/10013132174

Cycles and Crises in a Model of Debt-financed Investment-led Growth

Datta, Soumya - Volkswirtschaftliche Fakultät, … - 2012

The paper demonstrates possibilities of both convergence to the steady state and emergence of stable growth cycles around it in a simple macrodynamic model of debt-financed investment-led growth. The growth cycles are robust and are generated endogenously, either due to the existence of a...

Persistent link: https://www.econbiz.de/10011107341

La influencia del tipo de interés en los precios. Una reinterpretación heterodoxa de Wicksell

Paños, Eladio Febrero; Milán, María José Calderón - In: EKONOMIAZ 70 (2009) 01, pp. 330-355

The aim of this work is to describe the innovation system in Navarra, that is, its composition, environment, structure, from a dynamic point of view, his evolution over the last years; and synchronous, the results are compared with those of Bask Country, Japan, USA and other reference countries....

Persistent link: https://www.econbiz.de/10009148980

Essays in the Fundamental Theory of Monetary Economics and Macroeconomics

Smithin, John - World Scientific Publishing Co. Pte. Ltd.

the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture …-Wicksellian Models of Monetary Economics</li> <li>Keynes, Samuelson, Hicks and the Fate of Keynesian Economics</li> <li>Long-Run Models …

Persistent link: https://www.econbiz.de/10011115436

Notes on Business Cycle Theory from a Dynamic Stochastic General Equilibrium Perspective

Solomon, Bernard Daniel - Volkswirtschaftliche Fakultät, … - 2015

In these notes I go over some basic aspects of the analysis of business cycles and aggregate fluctuations from a dynamic stochastic general equilibrium (DSGE) perspective. I build a cannonical DSGE model with a small number of representative agents and a large set of distortionnary wedges...

Persistent link: https://www.econbiz.de/10011198612

La crisi della macroeconomia

Cozzi, Terenzio - In: Moneta e Credito 64 (2011) 253, pp. 31-44

The DSGE models are based on hypotheses that have the effect of excluding the possibility of severe financial and economic crises with the consequent policy implications going in the laissez-faire direction. The hypothesized unique and stable equilibrium in combination with rational expectations...

Persistent link: https://www.econbiz.de/10009002057

GOVERNMENT INTERVENTION IN ECONOMY AND ITS IMPACT ON ORGANIZATIONS’ DEVELOPMENT

DOVAL, Oriana; DOVAL, Elena - In: Review of General Management 13 (2011) 1, pp. 76-87

The macroeconomic environment and governments influence the performance, the behaviour and the future of organizations and industries, as well. The intervention of government in a country’s polices is a matter of many debates, and several concepts and theories about this problem could be found...

Persistent link: https://www.econbiz.de/10009003646

GREATER OR REDUCED ECONOMIC FREEDOM? CONSEQUENCES FOLLOWING FROM CONTEMPORARY ECONOMIC CRISIS

Wojciech, Jarecki - In: Oeconomia Copernicana 4 (2013) 4, pp. 7-17

The paper is aimed at stating if economic crisis observed during the period 2007-2009 will give rise to greater or reduced economic freedom. Seeking the answer to this question, Economic Freedom Index developed by Fraser Institute during the period 2007-2010 was subject to analysis. The research...

Persistent link: https://www.econbiz.de/10011273778

Fear and market failure: Global imbalances and self-insurance

Miller, Marcus; Zhang, Lei - 2007

This paper proposes an integrated framework to analyze jointly two key issues: the emergence of global imbalances and the precautionary motive for accumulating reserves. Standard models of general equilibrium would predict modest current account surpluses in the emerging markets if they face...

Persistent link: https://www.econbiz.de/10010278218