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Limited Efficiency of Monetary Policy on Local Inflation Rates and Output
This is the second article of a series of two that documents the limited efficiency of the Peruvian monetary policy on local inflation rates. With this research I deepen on my preliminary findings on the unobserved effects of Peruvian monetary policy ...
Oscar Manuel Mendoza Vargas
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In this paper, I will try to offer a very concise overview of the development of the capitalism after the World War II. Specific historical constellation in the postwar period has enabled the development of Keynesian project in response to the ...
Mesec Luka
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Assessment of the state programmes management model in the Russian Federation
The research compares the new model of state programmes management in the Russian Federation with the previous one, identifies its advantages and disadvantages and attempts to forecast the avenues for further transformation of programme planning ...
Georgy A. Borshchevskiy
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Manufacturing as driver of economic growth [PDF]
This study combines different theoretical strands on development regarding the importance of the manufacturing industry for economic growth. Through a confluence of the Keynesian-Kaldorian, structuralist and neo-Schumpeterian frameworks, the paper argues
Igor Lopes Rocha
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As noted by Alan Greenspan in 2008, one key flaw in standard models is that they treat animal spirits as a simple ‘add factor’ rather than as a structural one.
Teodoro Dario Togati
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Eugene F. Fama: Nobel prize for 2013: Capital market efficiency [PDF]
In 2013 the Nobel Prize in Economic Sciences was awarded to the American economists, Eugene Fama, Lars Peter Hansen and Robert Shiller. The monetarists, Fama and Hansen, from the University of Chicago, and the Neo- Keynesian, Shiller, from the Yale ...
Pantelić Svetlana
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Robert J. Shiller: Nobel prize for 2013: Capital market efficiency [PDF]
In 2013 the Nobel Prize in Economic Sciences was awarded to the American economists, Eugene Fama, Lars Peter Hansen and Robert Shiller. The monetarists, Fama and Hansen, from the University of Chicago, and the Neo- Keynesian, Shiller, from the Yale ...
Pantelić Svetlana
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Un percorso tra i temi della nuova macroeconomia keynesiana
For almost twenty years a large part of the theoretical work of Keynesian economists has been dedicated to the research of "theoretical justifications" for the propositions of non-neutrality and, more generally, for the interpretation of unemployment as ...
A. CHIRCO
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Inflation Differences in the Russian Regions: an Empirical Analysis [PDF]
The article addresses the difference between regional inflation rates, and criteria that determine such variations. Moreover, it examines whether inflation differences in the Russian regions significantly affect a unified monetary policy targetting a 4 ...
Sergey Germanovich Sinelnikov-Murylev +2 more
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Rethinking the economics of capital mobility and capital controls
This paper reexamines the issue of international financial capital mobility, which is today's economic orthodoxy. Discussion is often framed in terms of the impossible trinity.
Thomas I. Palley
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