Results 11 to 20 of about 12,204 (282)

A first formal approach to animal spirits beyond uncertainty [PDF]

open access: yesEuropean Journal of Government and Economics, 2015
Standard Macroeconomics treats animal spirits as a source of uncertainty disturbing otherwise rational expectations. But, Keynesian animal spirits ensue from suboptimal emotional responses to socioeconomic status change beyond matters of uncertainty ...
Gerasimos T. Soldatos   +1 more
doaj   +4 more sources

From animal spirits to scientific revolution in Medicine (first part) [PDF]

open access: yesRevista de la Facultad de Medicina, 2018
Introduction: Back in the sixth century BC, as part of the evolution of Medicine, a philosophical idea was proposed to explain how the nervous system works based on elements known as animal spirits, considered for many centuries as transmitters of ...
John Barco-Ríos   +2 more
doaj   +2 more sources

Animal Spirits and Risk in Financial Markets

open access: yesJournal of Banking and Financial Economics, 2018
Keynes argues that a beauty contest in financial markets is a combination of rational higher-order beliefs and market psychology or animal spirits. We find that a stable equilibrium, where also market psychology is included, can be possible if uninformed
Jukka Ilomäki
doaj   +2 more sources

On two recent attempts to introduce animal spirits in macroeconomics: Heresy or enlightened church reform?

open access: yesPSL Quarterly Review, 2021
As noted by Alan Greenspan in 2008, one key flaw in standard models is that they treat animal spirits as a simple ‘add factor’ rather than as a structural one.
Teodoro Dario Togati
doaj   +2 more sources

Economic Crises and the Complexity of Animal Spirits Modeling [PDF]

open access: yesTheoretical and Applied Economics, 2011
The rationale of this research goes into the origins of the economic crises from a different way of economic thinking, hence the professional interest on bringing again into the light the concept of animal spirits, used for the first time from classic ...
Grigore PIROŞCĂ
doaj   +1 more source

Animal Spirits and Organization [PDF]

open access: yes, 2014
The purpose of this paper is to explore the scope for analysing animal spirits as a social and cultural phenomenon which is heavily influenced by the organisational structure of firms and industries as well as by national structures. Animal spirits are considered in terms of unsubstantiated optimism, low uncertainty perception and low uncertainty ...
Dow, Sheila
openaire   +2 more sources

Confidence, animal spirits, and the macroeconomy in China: Based on mixed-frequency data models. [PDF]

open access: yesPLoS One
This paper employs the mixed-frequency Granger causality test, reverse unconstrained mixed-frequency data sampling models, and Chinese data from January 2006 to June 2024 to test the nexus between consumer confidence and the macroeconomy.
Lu W, Liu Q, Li H.
europepmc   +2 more sources

Neighbours in the City: “Four Animal Spirits” in Beijing from the 19th Century to the Present

open access: yesReligions, 2023
In northern China, four animals—the fox, weasel, hedgehog, and snake—are commonly believed to have the magical power of immortality, and they are referred to as the Four Animal Spirits (四大门, sidamen).
Xi Ju
doaj   +1 more source

Sacred and Profane in Music Therapy

open access: yesReligions, 2023
The widespread belief that music has some therapeutic potential rests partly on demonstrable, practical results. But explaining how such therapy works depends on the belief system of the explainer or practitioner.
Joscelyn Godwin
doaj   +1 more source

“GENERAL THEORY” OF J.M. KEYNES: 80 YEARS AFTER

open access: yesVestnik MGIMO-Universiteta, 2016
The Keynes' "General Theory", published 80 years ago, overthrew the neoclassical orthodoxy and created a new understanding of how market economy works.
A. V. Kholopov
doaj   +5 more sources

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