Economics Beyond the Neoclassical Synthesis Rediscovering Keynes’s Enterprise [PDF]
This paper has two central themes. One is that to make sense of the results of work in mathematical economics over the past twenty years- the incredible richness of the models now being produced, the wide diversity of their policy implications and the evident failings of the welfare foundations of modern economics- requires an understanding of the ...
openaire +1 more source
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
wiley +1 more source
Immigrants’ Changing Religiosity: The Case of Spain
ABSTRACT This article analyzes changes in religiosity of the migrant–origin population in Spain. Using data from the Spanish General Social Survey (ESGE) from four different years between 2013 and 2023, we compare people with migrant background with respect to the native‐born population in terms of religious affiliation (vs.
Jacobo Muñoz‐Comet +1 more
wiley +1 more source
Luigi Pasinetti and Adolph Lowe: Bridging Capital Theory and Institutional Analysis
ABSTRACT This article examines the convergence of Luigi Pasinetti's and Adolph Lowe's political economy, linking capital theory, institutions, and normative methodology. Pasinetti's two‐stage approach and Lowe's instrumental method share a common emphasis on the structural requirements and institutional arrangements for attaining and maintaining full ...
Michael J. Murray
wiley +1 more source
Two Different Views on Monetary Policy Impact: The New Consensus and Post-Keynesian Economics [PDF]
The objective of this study is to make a synthesis of the differences between two new macroeconomic views. A New Consensus has arisen among neoclassical and New-Keynesian economists, such as Romer, Taylor and Walsh.
Marius-Corneliu Marinas
doaj +1 more source
Business Participation in Regulation: A Multifocal Perspective on Management Studies
ABSTRACT This paper conceptualizes how regulation is viewed in management studies in the context of business participation in regulation and explores its implications. We theorize six lenses through which management studies understand regulation: as competitive advantages, boundaries, forums, principles, systems, and cognitive frames.
Onna Malou van den Broek +3 more
wiley +1 more source
The Design of Financial Systems: Towards a Synthesis of Function and Structure [PDF]
This paper proposes a functional approach to designing and managing the financial systems of countries, regions, firms, households, and other entities. It is a synthesis of the neoclassical, neo-institutional, and behavioral perspectives.
Robert C. Merton, Zvi Bodie
core
Quantifying Mozambique's Peace Dividend: An Application of the Synthetic Control Method
ABSTRACT Using the synthetic control method and data from 20 African countries, this study quantifies the peace dividend in Mozambique, a country that experienced over 15 years of civil war. More specifically, we use data from 1977 to 2018 to investigate whether the end of the civil war in Mozambique in 1992 brought significant benefits to the country ...
Tendai Gwatidzo, Aldo Sitoe, Busani Moyo
wiley +1 more source
Precios inflexibles y la gran depresión Inflexible prices and the great depression
Este articulo expone la teoria y la tesis de precios administrados de Gardiner Means, analiza sus efectos sobre la gran depresion y presenta las criticas y propuestas de los defensores de la teoria neoclasica. Revisa empiricamente la propuesta de Means y
Lee Frederick S.
doaj
Money and value: a synthesis of the state theory of money and original institutional economics [PDF]
The paper proposes a synthesis of original institutional economics and in particular of the work of John R. Commons with the state theory of money, constructing a theoretical framework for the analysis of economic value in relation to money. The argument
Georgios Papadopoulos
doaj

