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Momentary equilibrium versus the Wicksell connection
The development of monetary economics is closely associated with a possible conflict between the explanation of relative prices by means of demand and supply as conditioned by substitution and scarcity on the one hand, and the average level of money ...
J. SNIPPE
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Finland’s public sector balance sheet
We construct comprehensive public sector balance sheets for Finland for 2000–2016 by complementing general government statistics with data on public corporations and pensions. These static balance sheets show that Finland’s public sector net worth at end
Maren Brede, Christian Henn
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Gender Equality and Economic Diversification
We show that gender inequality decreases the variety of goods countries produce and export, in particular in low-income and developing countries. We argue that this happens through at least two channels: first, gender gaps in opportunity, such as lower ...
Romina Kazandjian+3 more
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A basic macroeconomic agent-based model for analyzing monetary regime shifts [PDF]
In macroeconomics, an emerging discussion of alternative monetary systems addresses the dimensions of systemic risk in advanced financial systems. Monetary regime changes with the aim of achieving a more sustainable financial system have already been discussed in several European parliaments and were the subject of a referendum in Switzerland. However,
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Some issues in monetary economics
Basic issues in monetary theory are presently being debated and increasing attention is being directed to a number of rather technical questions. Moreover, the growing interest among monetary theorists in defining instrument and policy variables that are
D.I. FAND
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Macroeconomic Performance in Different Exchange Rate Regimes: An Estimated DSGE Approach [PDF]
Selection of exchange rate regime and its consequences, is one of the major issues in international finance. Dependence of Iran to oil export revenues gives an important role to exchange rate policy in the economy.
Hossein Tavakolian+1 more
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Monetary Policy and Economic Growth in Developing Countries: A Literature Review [PDF]
This article conducts a literature review on the topic of monetary policy in developing countries and focuses on the effectiveness of monetary policy in promoting economic growth and the relationship between monetary policy and economic growth. The literature review finds that the activities of central banks in developing countries are often overlooked
arxiv
The fearsome dilemma: simultaneous inflation and unemployment
The work looks at some of the non-monetary (or not specifically monetary) aspects of the problem of simultaneous inflation and unemployment. The author emphasises the domestic considerations and the links between domestic economics and international ...
A.N. MCLEOD
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The periods 1918–1920 and 2019–2021 were characterized by epidemic moments. The COVID-19 pandemic recalled the crises associated with the Spanish flu, exanthematic typhus, and smallpox of the 1920s.
Mariana Azevedo, Paulo Reis Mourão
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MODERN MONEY THEORY: RISE IN THE INTERNATIONAL SCENARIO AND RECENT DEBATE IN BRAZIL
This paper has a twofold purpose. The first one is to present the core ideas of MMT. The second one is to explain its recent rise in Brazil after the publication of Andre Lara Resende’s articles in the press in 2019 and a book in 2020.
SIMONE DEOS+3 more
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