Results 31 to 40 of about 490 (174)
Hyperinflation and High Inflation in Venezuela: Monetary or Exchange Rate Origin?
ABSTRACT From 2018 to 2021, Venezuela experienced a period of intense hyperinflation. There are two hypotheses regarding the origin of such hyperinflation. The monetarist hypothesis attributes hyperinflation to excessive growth in the money supply, typically resulting from public deficits. Alternatively, the structuralist balance of payments hypothesis
Pedro Atienza Montero
wiley +1 more source
Abstract Pedro de Ayala served as a diplomat for King Ferdinand II of Aragon and Queen Isabella I of Castile at the courts of Henry VII, King of England, and James IV, King of Scots. In July 1498, he wrote a letter, partly in cipher, to report to his king and queen on such matters as Spain's interests in international diplomacy; the characters and ...
Adrian William Jaime +2 more
wiley +1 more source
Spanish stock returns, growth, and inflation, 1900–2020
Abstract This paper studies equity returns in the Madrid Stock Exchange and their connections with the macroeconomy from the emergence of a stock market around 1900 to its ‘big bang’ at the turn of the twenty‐first century. Using high‐quality data from primary sources and the methodology of the modern IBEX35 (published since 1987), we constructed an ...
Stefano Battilossi +2 more
wiley +1 more source
Abstract Due to their prolonged and multicultural nature, councils functioned historically as hubs for the exchange of ideas, discourse, diplomacy and rhetoric, reflecting broader cultural trends. In the Middle Ages, no international forums were comparable to ecumenical councils, where diverse and influential groups from various regions convened to ...
Federico Tavelli
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Abstract A substantial body of literature has considered warfare a fundamental driver of fiscal capacity. We argue that the nature of the tax base available to governments can either foster or constrain the ability and incentives of central elites to impose their legitimacy once the war is over.
Oriol Sabaté, José Peres‐Cajías
wiley +1 more source
Financiamiento del déficit y dinámica monetaria en América Latina
En este artículo se establece una relación entre la inflación, el presupuesto gubernamental y la balanza externa. Se presenta asimismo un modelo de señoreaje en una economía abierta y una evaluación de las experiencias inflacionarias de algunos países ...
Eliana A. Cardoso
doaj +1 more source
De la crisis hipotecaria a la crisis de la deuda de Estados Unidos
Las crisis del capitalismo de los últimos tiempos han venido rompiendo los paradigmas o modelos teó- ricos que se habían acuñado para analizarlas y comprenderlas. Ahora advertimos que la crisis del centro capitalista mundial, Estados Unidos, es una crisis recurrente con varias expresiones y modalidades, que obligan a innovar conceptos para analizarla ...
openaire +3 more sources
Subsidies, Net Zero Transition and Public Debt: An Analysis for the Oil and Gas Industry in Brazil
Abstract Despite awareness of the challenges in promoting the decarbonization of the economy, explicit fossil fuel subsidies have increased considerably worldwide in the past decade, reaching an all‐time high at US$1 trillion in 2022. Considering the net‐zero transition and the increase of modern public debt, this article assesses the most relevant ...
Fernando Inti Leal +2 more
wiley +1 more source
Impuestos y deuda pública: una relación paradójica
En este trabajo se muestra que un incremento en los impuestos orientado a disminuir la deuda puede incrementarla en el largo plazo. Esto ocurre siempre que un aumento en los impuestos reduzca la expectativa de ahorro en un mayor monto de lo que disminuyó
Daniel Velázquez Orihuela +1 more
doaj +1 more source
Costos del incumplimiento en la deuda soberana
En el presente artículo científico se abordará el tema de los costos económicos que asume un país al incumplir con el servicio de la deuda pública, específicamente la deuda pública externa.
Ezequiel Fernando Ramírez Daza
doaj +1 more source

