Results 81 to 90 of about 36,210 (261)
Public Debt Dynamics in a Monetary Economy of Production
ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
wiley +1 more source
Macroeconomy driven by climate change
Abstract A simple econometric model predicting the effects of key drivers of climate change on the real GDP is constructed. It shows quantitatively how GDP is affected by carbon dioxide emissions and energy produced from renewable sources (excluding hydroelectricity).
openaire +1 more source
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley +1 more source
Subjective Models of the Macroeconomy: Evidence From Experts and a Representative Sample
Using a sample of 2,200 households representative of the US population and a sample of more than 1,000 experts, we measure beliefs about how aggregate unemployment and in ation respond to different macroeconomic shocks.
Peter Andre +3 more
semanticscholar +1 more source
QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER I, 2016
The growth of domestic economy in Indonesia is lower than forecasted in first quarter of 2016. However, the economy is expected to revive and will grow higher in the next quarter, with a well maintained financial system stability.
TM Arief Machmud +6 more
doaj +1 more source
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
"Uncertainty, Policy Ineffectiveness, and Long Stagnation of the Macroeconomy" [PDF]
The standard analysis in macroeconomics depends on the assumption of the representative agent. However, when the degree of uncertainty becomes significant, we cannot ignore a simple fact that the macroeconomy consists of a large number of heterogeneous ...
Hiroshi Yoshikawa, Masanao Aoki
core
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
Macroeconomic trends and reforms in Germany
This paper traces the main macroeconomic developments in the German economy from national unification. Its performance is compared with that of the rest of the euro area and its largest economies.
Roberto Sabbatini, Francesco Zollino
doaj +3 more sources
QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER IV, 2016
The Indonesian economy recorded development in Quarter 4, 2016. The growth increased with more sound macroeconomic and financial system stability. The growth was supported by the growth of household consumption, better performance of investment, and the ...
TM. Arief Machmud +6 more
doaj +1 more source

