Monetary Policy When Preferences Are Quasi‐Hyperbolic
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley +1 more source
Not just political parties: Robert Michels as a critic of mainstream economics. [PDF]
Susca E.
europepmc +1 more source
USING BUSINESS MANAGEMENT GAMES AS RESEARCH TOOLS IN FOOD RETAILING - A CASE STUDY [PDF]
Agribusiness,
Jones, Larry D.
core +1 more source
On Measuring the Welfare Cost of Inflation
Abstract This paper uses neoclassical monetary demand theory to measure the welfare cost of inflation. It uses the microeconomic‐ and aggregation‐theoretic approach to the demand for money, that integrates the demand for money with the demands for consumption and leisure, and provides a comparison between the consumer surplus approach based on ...
APOSTOLOS SERLETIS, LIBO XU
wiley +1 more source
Knowledge, behaviour, and policy: questioning the epistemic presuppositions of applying behavioural science in public policymaking. [PDF]
Małecka M.
europepmc +1 more source
A theoretical approach to the Cyprus Problem: Neoclassical Realism with Neoliberalism [PDF]
Nikos Lekakis
openalex +1 more source
Rational Decision-Making in Business Organizations [PDF]
Lecture to the memory of Alfred Nobel, December 8, 1978decision making;
Simon, Herbert A.
core
Contract Scholarship and the Reemergence of Legal Philosophy [PDF]
It has been thirty years since Arthur Corbin\u27s eight-volume treatise on contracts appeared in condensed form as a one-volume edition. No scholarly book on contract law of comparable scope has been published since. This void in contract law scholarship
Barnett, Randy E
core +1 more source
The Capital–Labour–State Dynamics of Herbicide Adoption in Rainfed India
ABSTRACT This paper engages debates around the capital–labour–state dynamics of agrarian transitions to address the oft‐studied but still little‐understood question of why farmers adopt herbicides when they do. Over the last several years, smallholder farmers in India have begun using the herbicide bispyribac sodium at breakneck speeds, particularly in
Carly Nichols, Nidhi Kumari
wiley +1 more source
Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela +1 more
wiley +1 more source

