In my PhD thesis, I extend the basic New Keynesian (NK) model (Galí (2015), Woodford (2003)) on three distinct dimensions. (i) In the first chapter, I introduce endogenous money creation by private banks (``inside-money''). (ii) In the second chapter, I allow for a share of firms which face financial constraints, and I study how firm heterogeneity in ...
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A dictum for monetary theory [PDF]
A dictum for monetary theory; This essay argues that monetary theories should not contain an undefined object labeled money. Among existing theories that do not satisfy that dictum are models which assume that real balances are arguments of utility or ...
Neil Wallace
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ABSTRACT Existing research examines the relationship between personal life shocks and financial well‐being primarily through the lens of objective markers of the individual's financial situation (e.g., liquidity). Little attention has been paid to the relative roles of these objective markers and more intuitive or affect‐based factors in how an ...
Jordan Bell+2 more
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DILLARD, DUDLEY. The Economics of John Maynard Keynes: The Theory of a Monetary Economy. Pp. xv, 364. New York: Prentice-Hall, 1948. $5.00 [PDF]
Wolfgang F. Stolper
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New Keynesian economics : a monetary perspective [PDF]
In this article we construct a simple analytically tractable model to explore and evaluate New Keynesian ideas. First, we show that a New Keynesian model need not exhibit Phillips curve correlations in the absence of strategic price setting by firms ...
Stephen D. Williamson
core
Combining established methods for value chain and power analyses: Towards a comprehensive next-generation understanding of value chain governance. [PDF]
Hintz KS+5 more
europepmc +1 more source
Sustainable Consumption Promotion: A Comprehensive Literature Review
ABSTRACT Amid growing concerns about environmental pollution and resource depletion, studies on sustainable consumption and its encouragement have gained considerable research attention. However, research on promoting sustainable consumption remains underdeveloped and requires further exploration and systematization. The present study aims to provide a
Francesca Bergianti
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The convergence of monetary policy: Germany and France as an example [PDF]
Monetary Policy;monetary ...
Eijffinger, S.C.W.
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Implementing bedside electronic transfusion checks at Barts Health NHS Trust: A study protocol for evaluating the effectiveness and value for money. [PDF]
Ahmed M+12 more
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The Influence of Strangers on Consumer Behavior in a Retail Environment
ABSTRACT When consumers visit a store, they often find themselves interacting with fellow shoppers they do not know. These social exchanges—defined as stranger interactions—can impact consumers' shopping experiences by eliciting positive or negative emotions that can ultimately influence buying behavior.
Tabitha S. Thomas+4 more
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