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Journal of Sustainable Development of Energy, Water and Environment Systems, 2021 To accelerate deep decarbonisation in the energy sector, the discipline of economics should focus on identifying feasible instead of optimal policies.
Franziska M. Hoffart +2 more
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Economic, environmental, and social dimensions of farming sustainability – trade-off or synergy?
Technological and Economic Development of Economy, 2022 Prior studies on the relationships between economic, environmental, and social dimensions of activity on agricultural holdings has yielded inconclusive results. This study examines the interactions between these spheres, with the aim of determining what
Aleksander Grzelak +2 more
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The Macroeconomics of TANSTAAFL [PDF]
SSRN Electronic Journal, 2011 Abstract Market imperfections may lead to underinvestment in dynamic general equilibrium models. An interesting but unexplored question is whether policy interventions which attenuate underinvestment gaps necessarily imply that consumption will initially decline.
Grossmann, Volker +2 more
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The macroeconomics of Model T [PDF]
Journal of Economic Theory, 2009 We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the luxurious products of the rich into conveniences of the poor.
Reto Foellmi +4 more
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Bidirectional spillover effect between Russian stock index and the selected commodities [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2018 This paper investigates shock and volatility spillover effect between Russian index RTS and six futures commodities (Brent oil, natural gas, gasoline, gold, platinum and palladium), observing joint time-frequency domain via wavelet decomposed series ...
Dejan Živkov +2 more
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Non-Performing Loans and Macroeconomics Factors: The Italian Case
Risks, 2022 The purpose of this work is to investigate the influence of macroeconomics determinants on non-performing loans (NPLs) in the Italian banking system over the period 2008Q3–2020Q4.
Matteo Foglia
semanticscholar +1 more source
SSRN Electronic Journal, 2011 A New-Keynesian macro-model is estimated accommodating regime-switching behavior in monetary policy and macro-shocks. A key to our estimation strategy is the use of survey-based expectations for inflation and output. Output and inflation shocks shift to the low volatility regime around 1985 and 1990, respectively.
Lieven Baele +4 more
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The irreducibility of macro to microeconomics: a methodological approach
Brazilian Journal of Political Economy, 2022 This paper criticizes the idea, widespread today, of the need to seek micro-foundations for macroeconomics. The authors argue that these two fields of economics, micro and macroeconomics, use different methodological approaches. Microeconomics deals with
LUIZ CARLOS BRESSER-PEREIRA +1 more
doaj +1 more source
The Macroeconomics of Microfinance [PDF]
SSRN Electronic Journal, 2012 Abstract What is the aggregate and distributional impact of microfinance? To answer this question, we develop a quantitative macroeconomic framework of entrepreneurship and financial frictions in which microfinance is modelled as guaranteed small-size loans. We discipline and validate our model using recent empirical evaluations of small-
Joseph P. Kaboski +7 more
openaire +5 more sources
The Macroeconomics of Epidemics
The Review of financial studies, 2020 We extend the canonical epidemiology model to study the interaction between economic decisions and epidemics. Our model implies that people cut back on consumption and work to reduce the chances of being infected. These decisions reduce the severity of
M. Eichenbaum +2 more
semanticscholar +1 more source