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
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
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Cooperative counter-hegemony, interregionalism and 'diminished multilateralism': the Belt and Road Initiative and China's relations with Latin America and the Caribbean (LAC). [PDF]
Rodríguez F, Rüland J.
europepmc +1 more source
"Classical and Neoclassical Elements in Industrial Organization" [PDF]
This article analyzes the theoretical foundations of industrial organization studies of monopolistic and competitive pricing. Our analysis will focus on the central debates of the 1950s, 1960s, and 1970s which formed the theoretical basis of the modern ...
Eduardo Ochoa, Mark Glick
core
Rural Capitalists and Development in Colonial Africa: A Comparative Analysis
ABSTRACT This paper explores the emergence and role of rural capitalists in colonial Sub‐Saharan Africa by comparing three peasant‐based economies: Bechuanaland, the Gold Coast and Tanganyika. Using social tables, we estimate the population and income shares of better earning agricultural producers and assess their impact on rural inequality and ...
Prince Young Aboagye +2 more
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Research Agenda for Political Science in China in an Era of Great Change. [PDF]
Yang G.
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"Value, Social Capabilities, Alienation:The Right to Revolt" [PDF]
The labor theory of value in classical political economy, particularly as developed in Marx's Capital, has been the source of a number of interpretations and controversies.
Haider A. Khan
core
What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann +1 more
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Austrian economics without extreme apriorism: construing the fundamental axiom of praxeology as analytic. [PDF]
Linsbichler A.
europepmc +1 more source
Abstract This conceptual article argues that the mutual relevance of grand challenges and organization and management studies is best approached phenomenologically. Rather than constituting objects to be theorized or denoting special empirical contexts, grand challenges structure researchers’ attention and shape their interpretations of the processes ...
Alfredo Grattarola +2 more
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