Results 61 to 70 of about 100,809 (232)
Examination of Afghanistan's Development Traps
Abstract We examine the factors behind Afghanistan's persistent underdevelopment. Drawing on various theories of development traps operating at the demographic, economic and institutional levels, we seek to assess whether and to what extent their functioning affects Afghanistan's development. To capture the functioning of development traps empirically,
Klemen Knez, Tina G. Lokar
wiley +1 more source
Neoclassical and Sociological Perspectives on Segmented Labor Markets [PDF]
Neoclassical theory has been misrepresented in the segmented economy literature. Consequently, most tests of "structural" vs. "neoclassical" models are inadequate.
Kevin Lang, William T. Dickens
core
Integrating Institutional and Neoclassical Economics Using Game Theory [PDF]
We contend that economics is in need of a new paradigm. When taught in the traditional neoclassical construct, economics is not appealing to many students, particularly those taking economics to satisfy general education requirements.
Axelsen, Dan, Friesner, Dan
core +1 more source
The Commodification of Political Distrust: Do Crypto “Hodlers” Distrust Political Institutions?
ABSTRACT The study investigates the link between political distrust and long‐term cryptocurrency investment, motivated by the cryptocurrency market's volatility and the potential of digital currencies to alter economic–political systems. Utilizing panel data from Finland 2022–2023 on duration of ownership and political attitudes, the research uncovers ...
Anton Brännlund+1 more
wiley +1 more source
Resilience in a noisy urban system
Abstract The ability of cities to recuperate from disturbances and return to their evolutionary pathways depends, first and foremost, on the type of damage that the shock created. But in addition, it depends on how information is transmitted in the urban system and on how noise filters distort the information that reaches economic agents.
Dani Broitman, Daniel Czamanski
wiley +1 more source
Abstract This study aims to investigate the impact of lockdown and vaccination policies on business confidence in Europe, offering insights for future pandemic responses. Our research confirms that vaccination significantly boosts business confidence and mitigates the negative effects of lockdowns.
Minh Phuoc‐Bao Tran+2 more
wiley +1 more source
Viability, economic transition and reflection on neoclassical economics [PDF]
Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China. This paper argues that the failure is due to the viability assumption in neoclassical economics.
Lin, Justin Yifu
core
CEO's Culture and Firms' Leverage Decisions
ABSTRACT Debt mitigates agency problems between managers and stockholders by reducing free cashflows; yet, why managers voluntarily adopt debt discipline remains unclear. This paper examines how chief executive officers' (CEOs') managerial traits, shaped by national culture, influence leverage decisions.
Supun Chandrasena+4 more
wiley +1 more source
Neoclassical consumer theory and genetically modified food [PDF]
Three axioms underpin consumer choice in neoclassical theory: weak order, independence, and continuity. Two of these axioms may not hold, however, for consumers’ choices regarding genetically modified (GM) food.
Kaye-Blake, William
core +1 more source
Bond mutual fund performance: Evidence from the skill ratio and false discovery rate
Abstract This paper applies a Skill Ratio under a False Discovery Rate (FDR) framework to bond mutual funds showing many bonds mutual fund managers are skilled primarily to the benefit of fund sponsors. Our Skill Ratio is the t‐statistic of realized gross value added (RVAG)$( {{\mathrm{RV}}{{\mathrm{A}}_{\mathrm{G}}}} )$ based on investible Morningstar
Lifa Huang+2 more
wiley +1 more source