Results 121 to 130 of about 8,695 (306)

James Tobin on Overlapping Generations Models and the Microeconomic Foundations of Macroeconomics Reconsidered

open access: yesŒconomia
The American Keynesian economist and Nobel laureate James Tobin entitled his contribution to the inaugural issue of Journal of Money, Credit and Banking “A General Equilibrium Approach to Monetary Theory” (1969) yet he was sharply critical of the version
Robert W. Dimand
doaj   +1 more source

Essays in dynamic macroeconomics

open access: yes, 2014
This thesis is concerned with macroeconomic dynamics under various forms of uncertainty. Chapter 2 recognizes that the information flow from the interest rate is impeded when the nominal interest rate hits the zero lower bound. This impediment can (a) increase the duration of zero lower bound episodes and (b) bring about more persistent deflationary ...
openaire   +2 more sources

Board Gender Diversity and Environmental Credit Risk in Banking: A Global Study of Bank Governance

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This study investigates the relationship between board gender diversity and environmental credit risk in the global banking sector. Using a panel dataset of 345 publicly listed banks from 75 countries over the period 2018–2022, we find that greater female representation on bank boards is significantly associated with lower environmental credit
Kenza Mouti   +2 more
wiley   +1 more source

Keynesian economics without the LM and IS curves: a dynamic generalization of the Taylor-Romer model [PDF]

open access: yes
John Taylor and David Romer champion an approach to teaching undergraduate macroeconomics that dispenses with the LM half of the IS-LM model and replaces it with a rule for setting the interest rate as a function of inflation and the output gap - i.e., a
Evan F. Koenig
core  

Addressing the Energy Trilemma: The Role of Entrepreneurship, Regulation, and Climate Finance

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Balancing energy security, energy equity, and environmental sustainability has become increasingly challenging as economies pursue low‐carbon growth amid climate risk and persistent disparities in access to modern energy. Although entrepreneurship is widely recognized as a driver of innovation, its role in addressing the energy trilemma ...
Kingsley Imandojemu   +3 more
wiley   +1 more source

Agent-based macroeconomics - a baseline model [PDF]

open access: yes
This paper develops a baseline agent-based macroeconomic model and contrasts it with the common dynamic stochastic general equilibrium approach. Although simple, the model can reproduce a lot of the stylized facts of business cycles.
Lengnick, Matthias
core  

Are PPP projects poor fundability in China:Based on ensemble learning

open access: yesProject Leadership and Society
The Public-Private Partnerships (PPP) financability is influenced by both internal and external factors of the project. Given the myriad of factors that influence the participation of social capital in PPP projects, in this study, we examine 14,038 PPP ...
Junxin Shen   +3 more
doaj   +1 more source

Innovation Pathways to Carbon Efficiency: Disentangling the Effects of AI, R&D, and Clean Energy Blessings on U.S. Environmental Sustainability

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT The United States (U.S.) faces challenges in achieving its ambitious net‐zero carbon emissions target by 2050, with current emissions having fallen by less than 1% in 2024. Despite an investment of $500 billion in low‐carbon resources while holding the second‐largest green technology patent portfolio globally, it is further imperative to ...
Md Zubair Ahmad   +5 more
wiley   +1 more source

The macroeconomics of imperfect capital markets. Whither saving-investment imbalances? [PDF]

open access: yes
Starting with Wicksell and until the heyday of Keynesian economics, inflation, unemployment and business cycles were thought and taught mainly as problems originating from "saving-investment imbalances" due to some form of malfunctioning of the capital ...
Roberto Tamborini
core  

Essays on demographics and heterogeneity in macroeconomics

open access: yes
This thesis consists of a collection of essays on demographics and household heterogeneity in macroeconomics. It is divided into three parts. The first builds a new framework for writing overlapping generations models with heterogeneity in household ...
Weil, Pierre Emmanuel
core   +1 more source

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