Results 81 to 90 of about 4,076,104 (202)
Sovereign Bonds and Market Discipline: Managing Accumulation and Uncertainty in Ecuador
ABSTRACT Over 50 years, sovereign debt in low‐ and middle‐income countries has become market‐based as financial firms displaced official lenders. Research explains how bond‐market discipline operates but leaves unanswered why sovereign bonds themselves require discipline to circulate as capital.
Drew F. Kaufman
wiley +1 more source
Imperfect Competition and the Keynesian Cross [PDF]
This paper presents a simple general equilibrium model in which the only non-Walrasian feature is imperfect competition in the goods market. The model is shown to exhibit various Keynesian characteristics.
N. Gregory Mankiw
core
Subalternity in an Age of Planetary Crisis
ABSTRACT This paper argues that Gramsci's conceptualisation of subalternity offers crucial resources for theorising and intervening in the global climate crisis to popular democratic ends. While ‘the subaltern’ has proven highly generative in postcolonial writings—and in geographical thought more widely—Gramsci's own conceptualisation has been ...
Alex Loftus
wiley +1 more source
The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices [PDF]
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied.
Sebastian Weber +3 more
core
ABSTRACT Across British cities, everyday street infrastructure is increasingly sustained through revenue‐generating concessions that detach maintenance from direct municipal budgets. This article examines how street furniture in Glasgow has been incrementally reorganized as an assetizing apparatus under prolonged austerity.
Sinan Wang
wiley +1 more source
Monetary and budgetary-fiscal policy interactions in a Keynesian context: revisiting macroeconomic governance [PDF]
Because it was designed for efficient stationary regimes, the New-Consensus Macroeconomic governance carries several drawbacks when implemented in Keynesian non-ergodic regimes. As long as Keynesian unemployment is interpreted in terms of 'natural' rate,
Angel Asensio
core
Real and Apparent Deviations From Rational Choice
ABSTRACT This paper offers a taxonomy of real and apparent deviations from rationality. The taxonomy is based on three axes of divides—whereas the axes are successive refinements. The outermost‐axis divide delineates “anxiety‐based choices” from “anxiety‐free choices.” Anxiety‐based choices are real deviations such as the Allais and Ellsberg paradoxes ...
Elias L. Khalil
wiley +1 more source
Marvin Goodfriend: economist and central banker. [PDF]
Marshall DA.
europepmc +1 more source
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley +1 more source
The inflationary effects of sectoral reallocation. [PDF]
Ferrante F, Graves S, Iacoviello M.
europepmc +1 more source

