Results 171 to 180 of about 14,835 (282)

How Are “Financial Balances” Financed? Wicksell, (Keynes) and the US Mainstream Don't Fit Today's Institutions; Kalecki, Triffin, and Minsky Got it Right

Metroeconomica, EarlyView.
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

Rethinking Economic Measurement Using Statistical Ensembles. [PDF]

Entropy (Basel)
Abel C.
europepmc   +1 more source

Maximum power in evolution, ecology and economics. [PDF]

Philos Trans A Math Phys Eng Sci, 2023
Hall CAS, McWhirter T.
europepmc   +1 more source

Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes

Metroeconomica, EarlyView.
ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley   +1 more source

“What is so Austrian about Austrian Economics?” [PDF]

Modern mainstream economics is a plurocracy in which there is no orthodoxy of ideas, only an orthodoxy of method. Given the training it provides its students, mainstream economic’s natural domain is science. With the mainstream’s acceptance of complexity
David Colander
core  

Economic Entropy and the Cobb-Douglas Function: A Scientometric Analysis. [PDF]

Entropy (Basel)
Betancur-Hinestroza IC, Marín-Rodríguez NJ, Caro-Lopera FJ, Velásquez Sierra ÉA.   +3 more
europepmc   +1 more source

Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages

Metroeconomica, EarlyView.
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

Is health financing converging in the European Union? Nonlinear dynamics and policy implications for non-euro area member states. [PDF]

Front Public Health
Dritsaki M, Dritsaki C, Sarigiannidis P, Genni AG.   +3 more
europepmc   +1 more source

Racial Inequality, Growth and Distribution

Metroeconomica, EarlyView.
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

Well-Being Economics - From Slogan to Discipline?; Comment on "Can a Well-Being Economy Save Us?" [PDF]

Int J Health Policy Manag
Hensher M.
europepmc   +1 more source