Results 171 to 180 of about 5,990 (292)

Capital fundamentalism, economic development, and economic growth [PDF]

Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output. This idea was the basis for the theory"capital fundamentalism."Under this view, differences in national stocks of capital were the ...
King, Robert G., DEC, Levine, Ross
core  

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

The impact of carbon emissions trading on innovation bubbles in manufacturing enterprises. [PDF]

Sci Rep
Lyu Z, Li G.
europepmc   +1 more source

The Great Depression in the United States from a neoclassical perspective

Can neoclassical theory account for the Great Depression in the United States—both the downturn in output between 1929 and 1933 and the recovery between 1934 and 1939? Yes and no. Given the large real and monetary shocks to the U.S.
Harold L. Cole, Lee E. Ohanian
core  

A NEOCLASSICAL THEORY OF WAGE ARREARS IN TRANSITION ECONOMIES [PDF]

The paper proposes a theory of the wage arrears phenomenon in transition economies. We build on the standard one-sector neoclassical growth model. The neoclassical firms in transition make losses and use wage arrears as the survival strategy.
Lilia Maliar, Serguei Maliar
core  

Revising Structuralism in Times of Crisis: Lance Taylor and the Neo‐Structuralist Synthesis in the 1980s

Metroeconomica, EarlyView.
ABSTRACT This article places the work of Lance Taylor in the broader context of efforts in the 1980s to renew the structuralist tradition of development economics, into what was then newly coined as neo‐structuralism. These efforts centred around three groups: CEPAL, Lance Taylor and his team at MIT, and a group of economists based at the Institute of ...
Andrew M. Fischer
wiley   +1 more source

Rethinking Economic Measurement Using Statistical Ensembles. [PDF]

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

What Are The Drivers of Labor Productivity in Italy?

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT This paper introduces a novel sign restriction identification within a structural Bayesian vector autoregression (VAR) to analyse how labour productivity responds to supply and demand shocks and to quantify the contribution of shocks to cyclical fluctuations.
Josué Diwambuena, Francesco Ravazzolo
wiley   +1 more source

Do government outlays crowd-out private consumption? Evidence from the European Union. [PDF]

PLoS One
Bölükbaşı ÖF, Çolak O.
europepmc   +1 more source

Anchored or Adrift? A Note on Measuring Inflation Expectations Anchoring

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We develop a behavioural model of inflation which contains an indicator that quantifies the expectations unanchoring risk over the business cycle. We estimate this model using US and Canadian inflation and output gap data. We find that during the post‐pandemic inflation surge, the macroeconomic data are compatible with non mean‐reverting ...
Olena Kostyshyna, Isabelle Salle, Hung Truong   +2 more
wiley   +1 more source