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Evolution of Consumers’ Preferences due to Innovation
Dahlan, Rolan Mauludy; Situngkir, Hokky - Volkswirtschaftliche Fakultät, … - 2010
The integration process between evolutionary approach and conventional economic analysis is very essential for the next … presentation, we use the concept of meme to explore evolution of demand. This study offers an evolutionary model of demand, which …
Persistent link: https://www.econbiz.de/10008548835
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Demand, credit and macroeconomic dynamics: A microsimulation model
Meijers H.H.M.; Nomaler Z.O.; Verspagen B. - United Nations University-Maastricht Economic Research … - 2014
We develop a microsimulation model for the macroeconomic business cycle. Our model is based on three main ideas i we want to specify how macroeconomic coordination is achieved without a dominating influence of price mechanisms, ii we want to incorporate the stock-flow-consistent approach that...
Persistent link: https://www.econbiz.de/10010856409
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Mainstream Macroeconomics in the Light of Popper
Ayala, Iván H.; Palacio-Vera, Alfonso - Facultad de Ciencias Económicas y Empresariales, … - 2014
Popper´s evolutionary theory of knowledge and learning. We claim that the latter provides macroeconomics with an …
Persistent link: https://www.econbiz.de/10011079167
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Distribution, wealth and demand regimes in historical perspective. USA, UK, France and Germany, 1855-2010
Stockhammer, Engelbert; Rabinovich, Joel; Reddy, Niall - 2018
Most empirical macroeconomic research limited to the period since World War II. This paper analyses the effects of changes in income distribution and in private wealth on consumption and investment covering a period from as early as 1855 until 2010 for the UK, France, Germany and USA, based on...
Persistent link: https://www.econbiz.de/10011891342
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The post-Keynesian "crowding-in" policy meme: Government-led semi-autonomous demand growth
Fiebiger, Brett - 2021
A recent literature has explored the role of semi-autonomous demand growth. This paper builds on the literature by incorporating a Lernerian government semi-autonomous demand function and an endogenous supply-side. Our main purpose is threefold. First, we wish to contribute to the case for...
Persistent link: https://www.econbiz.de/10012668967
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An evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models: Pseudo-goodwin cycles, external markets and pro-cyclical labour productivity
Fiebiger, Brett - 2022
This paper provides a theoretical and empirical evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models. The benchmark structuralist and Harrodian neo-Goodwinian models posit a macro economy with only one asset: the capital stock. Demand leakages presuppose that at least one sector...
Persistent link: https://www.econbiz.de/10014278477
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Complex Stylized Facts of the Mexican Economy : A Hirschmanian Perspective (To Attack the 'Fear of Growing', More and Better)
Guerrero-de-Lizardi, Carlos - 2014
We elaborate some complex stylized facts related to the Mexican economy. The analyzed period runs from 1960 to 2013 with selected subperiods. Our main findings are: 1) there are involuntary idle capacities in the manufacturing industries; 2) the growth of the Mexican economy is not balanced but...
Persistent link: https://www.econbiz.de/10013048134
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The Post-Keynesian "crowding-in" policy meme : government-led semi-autonomous demand growth
Fiebiger, Brett - 2021
A recent literature has explored the role of semi-autonomous demand growth. This paper builds on the literature by incorporating a Lernerian government semi-autonomous demand function and an endogenous supply-side. Our main purpose is threefold. First, we wish to contribute to the case for...
Persistent link: https://www.econbiz.de/10012660339
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Distribution, wealth and demand regimes in historical perspective : USA, UK, France and Germany, 1855-2010
Stockhammer, Engelbert; Rabinovich, Joel; Reddy, Niall - 2018
Most empirical macroeconomic research limited to the period since World War II. This paper analyses the effects of changes in income distribution and in private wealth on consumption and investment covering a period from as early as 1855 until 2010 for the UK, France, Germany and USA, based on...
Persistent link: https://www.econbiz.de/10011924602
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An evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models : pseudo-goodwin cycles, external markets and pro-cyclical labour productivity
Fiebiger, Brett - 2022
This paper provides a theoretical and empirical evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models. The benchmark structuralist and Harrodian neo-Goodwinian models posit a macro economy with only one asset: the capital stock. Demand leakages presuppose that at least one sector...
Persistent link: https://www.econbiz.de/10013347228