Showing 17,991 - 18,000 of 18,354
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
businesses is access to capital in sufficient amounts and at affordable rates. Governments and institutions, particularly in the … markets and tend to restrain the availability of capital and increase the cost of capital for businesses. However, the U … supply of credit at relatively low interest rates. …
Persistent link: https://www.econbiz.de/10011143254
como la determinación del capital de trabajo que fue por la cantidad de $ 508,650 mientras que la relación beneficio … calves financial tools like the determination of the capital of work that was by the amount of $ 508,650, the relation …
Persistent link: https://www.econbiz.de/10011143540
We assess the effectiveness of macroprudential policies against a number of different indicators of property sector activity and financial stability. At the cross-country level the use of LTV caps decelerates property price growth. Both LTV and DTI caps slow property lending growth. LTV caps...
Persistent link: https://www.econbiz.de/10009370550
This paper compares the theory of value and distribution of Arrow and Debreu [1954] with that of Sraffa [1960]. I consider such versions of the two models that capture their salient features, without aiming at the greatest possible generality, so as to isolate the precise nature of the...
Persistent link: https://www.econbiz.de/10009370820
This paper compares the models of Arrow and Debreu [1954] and Sraffa [1960], and concludes that (1) the models are informationally distinct conceptions of a capitalist economy, (2) they support radically distinct – though complete and entirely correct – theories of value, (3) the prices in...
Persistent link: https://www.econbiz.de/10009371454
The purpose of this paper is to present the disadvantages from the use of NAIRU as the key instrument of monetary-policy making to restrain the upward tendency of unemployment. It argues that the development of NAIRU, the most widely known and used model in macroeconomic analysis, although has...
Persistent link: https://www.econbiz.de/10009371509
Persistent link: https://www.econbiz.de/10004856439
After declining for two years, France’s national economic wealth rose in 2010. Households’ total wealth largely exceeded its level observed before the economic crisis of 2008 due to the increase in land prices.
Persistent link: https://www.econbiz.de/10010569721
Despite significant theoretical work over the past decade, the phenomenon of trust and the process of its development in managerial relationships remain elusive in theory and practice. This paper revisits theories that frame trust development in order to explore the development of trust in the...
Persistent link: https://www.econbiz.de/10014887822