Results 141 to 150 of about 119,792 (289)
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley +1 more source
INNOVATIONS AND SUSTAINABLE DEVELOPMENT: NEOCLASSICAL VERSUS EVOLUTIONARY APPROACH [PDF]
In the last 20 years, the concept of ‘Sustainable Development’ (SD) has become very popular and wide spread in the world. In particular, the environmental dimension of SD asks for new ways to accomplish enhanced quality of life with reduced environmental
Edgardo Sica
core
Public Debt Dynamics in a Monetary Economy of Production
ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
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
Neoclassical Gravitational Field Theory
This Neoclassical Gravitational Field Theory offers a potential alternative perspective on the nature of gravity by expandingupon Newton’s classical law of gravitation. It seeks to address fundamental questions, such as why gravity functions as it doesand why nothing in the universe can escape its influence.
openaire +1 more source
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley +1 more source
Economic growth as the limiting factor for wildlife conservation [PDF]
The concept of limiting factor includes the lack of welfare factors and the presence of decimating factors. Originally applied to populations and species, the concept may also be applied to wildlife in the aggregate.
Czech, Brian
core +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
Abstract This study examines the relationship between fertility and social policies across countries within the European Union. Using European Union Statistics on Income and Living Conditions (EU‐SILC) data from 2005 to 2020, the research investigates how increases and reductions in family allowances are connected to the likelihood of subsequent births
Andrea Barigazzi +2 more
wiley +1 more source

