Results 61 to 70 of about 8,049 (188)
Dynamic Financial Inclusion in ASEAN 8: Do Macroeconomics and Financial Technology Matter?
This study aims to estimate the effects of macroeconomic indicators and financial technology on financial inclusion in ASEAN 8 during 2010-2018. There are three financial inclusion indicators, which include debit card ownership (Model 1), credit card ...
Tunjung Sekar Laksmi Pandhit
doaj +1 more source
Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley +1 more source
QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER IV-2015
Indonesia ‘s economy in the fourth quarter 2015 was marked by maintained macroeconomic and financial system stability, with a starting economic growth momentum.
TM Arief Machmud +6 more
doaj +1 more source
Racial Inequality, Growth and Distribution
ABSTRACT A post‐Keynesian‐Kaleckian model along structuralist lines is developed to incorporate the issue of racial inequality into the analysis of growth and distribution. It draws on ideas presented in the literature about the relationship between class inequality between capitalists and workers, and racial inequality between White and Black workers,
Amitava Krishna Dutt
wiley +1 more source
How Changes in Oil Prices Affect the Macroeconomy [PDF]
We estimate a New Keynesian general-equilibrium open economy model to examine how changes in oil prices affect the macroeconomy. Our model allows oil price changes to be transmitted through temporary demand and supply channels (affecting the output gap),
Carlos de Resende +2 more
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ABSTRACT This article places the work of Lance Taylor in the broader context of efforts in the 1980s to renew the structuralist tradition of development economics, into what was then newly coined as neo‐structuralism. These efforts centred around three groups: CEPAL, Lance Taylor and his team at MIT, and a group of economists based at the Institute of ...
Andrew M. Fischer
wiley +1 more source
Population Aging, Intergenerational Transfers, and the Macroeconomy
Population Aging, Intergenerational Transfers, and the ...
Susan A. McDaniel, McDaniel, Susan A.
core +1 more source
The Fragility of Turkish Economy from the Perspective of Oil Dependency [PDF]
In an emerging economy, energy is a crucial input. Turkey as an oil dependent country, the volatility of oil price might affect more than thought. In this study, the impact of oil price changes in Turkish macroeconomy has been examined.
Eren Yildiz, Merve Karacaer Ulusoy
doaj
What Are The Drivers of Labour Productivity in Italy?
ABSTRACT This paper introduces a novel sign restriction identification within a structural Bayesian vector autoregression (VAR) to analyse how labour productivity responds to supply and demand shocks and to quantify the contribution of shocks to cyclical fluctuations.
Josué Diwambuena, Francesco Ravazzolo
wiley +1 more source
A Small Model of the Australian Macroeconomy [PDF]
This paper presents a small model of the Australian macroeconomy. The model is empirically based, aggregate in nature and consists of five estimated equations – for non-farm output, the real exchange rate, import prices, unit labour costs and consumer ...
Nargis Bharucha +4 more
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