Results 11 to 20 of about 100,350 (315)
Abstract The COVID‐19 pandemic saw governments around the world suddenly accumulate substantially higher levels of public debt. We consider the level of debt entered into by Australia's federal, state and territory governments and compare this against three metrics for debt sustainability.
Sebastian Zwalf, Robin Scott
wiley +1 more source
Talking to Voters about the ‘Everyday Economy’
Abstract The everyday economy approach has influenced key members of Labour's economic team, notably Rachel Reeves. One potential benefit of the everyday economy approach is that it advocates changing how voters perceive the economy by making it connect to social and environmental goals.
Anna Killick
wiley +1 more source
COVID‐19 and the Meaning of Crisis
ABSTRACT Crisis is a concept that has a long history; it has come to denote moments of rupture and to foreground life and death decisions necessary for its resolution. The recent deployment of the concept in broad social, economic and political spheres has not only given rise to an industry of crisis management but has also established it as a ...
Maha Abdelrahman
wiley +1 more source
Classicals versus Keynesians: Fifty Distinctions between Two Major Schools of Economic Thought [PDF]
Macroeconomics essentially discusses macroeconomic phenomena from the perspectives of various schools of economic thought, each of which takes different views on how macroeconomic agents make decisions and how the corresponding markets operate. Therefore, developing a clear, comprehensive understanding of how and in what ways these schools of economic ...
arxiv +1 more source
Austerity's afterlives? The case of community asset transfer in the UK
Short Abstract Community infrastructure and the care that it provides has been at the sharp end of swingeing government cuts brought about through austere economics and politics. In the UK, a manifestation, and legacy, of this process is Community Asset Transfer (CAT).
Neil Turnbull
wiley +1 more source
Does the monetary policy regime matter in the effect of credit on growth?
Abstract This study sheds light on the finance–growth link by (i) carefully taking into account the lessons learned from the empirical literature, (ii) extending the period of analysis to include the years following the global financial crisis (GFC), (iii) adding the monetary‐policy regime as a concomitant factor in this relation, and (iv) running ...
Amaia Altuzarra+2 more
wiley +1 more source
The Age of Fragmentation by Alessandro Roncaglia: A Review Article
This article gives a thorough critical review of Alessandro Roncaglia’s latest book The Age of Fragmentation: A History of Contemporary Economic Thought.
A.P. Thirlwall
doaj +1 more source
Blessing or Curse? The Rise of Tourism‐Led Growth in Europe's Southern Periphery
Abstract Despite being one of the world's major internationally traded services, tourism remains neglected within debates on European integration and growth models. We highlight the rise of tourism‐led growth in southern Europe and argue that the process of European integration has been a double‐edged sword, simultaneously incentivizing and forcing ...
Reto Bürgisser, Donato Di Carlo
wiley +1 more source
Abstract It is widely believed that inflation inertia varies with the policy pursued. In a novel experiment, price setters determine inflation rates and react to a central bank's indicator, which is implemented exogenously either as cold turkey or gradual disinflation.
MARCUS GIAMATTEI
wiley +1 more source
On Liquidity Shocks and Asset Prices
Abstract In models of financial frictions, stock market booms tend to follow adverse liquidity shocks. This finding is clearly at odds with the data. We demonstrate that this counterfactual result is specific to real business cycle models with exogenous growth.
PABLO A. GUERRON‐QUINTANA, RYO JINNAI
wiley +1 more source