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Preliminaries -- Table of Contents; Introduction -- Theorie der wirtschaftlichen Entwicklung -- The Theory of Economic …. Schumpeter's "Soziologie des Geldes" -- Adaptation Without Attribution? -- The Missing Chapter in Schumpeter's The Theory of … Economic Development -- The Lost Chapter of Schumpeter's 'Economic Development'-- The Second Cleavage of the Austrian School …
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A dynamic general equilibrium two-country optimizing model is used to analyze the welfare effects of monetary policy in open economies. The distinguishing feature of the model is that households' preferences feature a "keeping up with the Joneses" effect. This effect implies that households'...
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There seems to be no consensus in the literature with respect to monetary policy strategies in combination with flexible exchange rate regimes. Therefore, this paper determines what the alternative strategies inflation targeting, Taylor rule, monetary conditions index, and managed floating have...
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National and multinational companies coexist in many sectors of all developed countries. However, economic models fail to reproduce this fact because of the assumption of symmetry between companies. To show that the symmetry assumption is the reason for this failure, a two-country general...
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Die vorliegende Untersuchung stellt die technischen Grundlagen und die Marktordnung für den internationalen Handel mit Dienstleistungen der Informationstechnologie dar; sie analysiert und bewertet die resultierenden Handelsbarrieren. Die Funktionsweise des Internets (Netzaufbau, Adress- und...
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