Results 151 to 160 of about 120,066 (291)

Non-linear Effects of Fiscal Policy in Germany: A Markov-Switching Approach [PDF]

Keynesian theory suggests that a reduction in government expenditure has a negative effect on private demand and therefore on output. Contrary, neoclassical theory argues that reduced public expenditure makes room for an expansion of the private sector ...
Florian Höppner, Katrin Wesche
core  

The Contemporary Debate on Secularization and Its Cross‐National Variation: A Systematization Through Topic Modeling

Journal for the Scientific Study of Religion, EarlyView.
ABSTRACT Secularization is a key concept in the social scientific study of religion, yet its meaning remains ambiguous due to varied definitions produced in the literature. This article aims to provide a data‐driven systematization of the debate on religious change by analyzing 1638 academic articles published between 2001 and 2022 using structural ...
Valeria Rainero, Ruud Luijkx
wiley   +1 more source

From Wald to Savage: homo economicus becomes a Bayesian statistician [PDF]

Bayesian rationality is the paradigm of rational behavior in neoclassical economics. A rational agent in an economic model is one who maximizes her subjective expected utility and consistently revises her beliefs according to Bayes’s rule.
Giocoli, Nicola
core   +1 more source

Rate of Interest and Intertemporal Preferences in Multisectoral Frameworks: A Critical View

Metroeconomica, EarlyView.
ABSTRACT This paper analyses a closure of Sraffa's price system found in some neoclassical literature, which involves equating the rate of interest with the rate of time preference. This closure aims to reconnect the rate of interest with individuals' intertemporal preferences.
Enrico Bellino, Gabriel Brondino
wiley   +1 more source

Internet Penetration and Leisure Activity Entropy: A Macro-Micro Integrated Analysis. [PDF]

Entropy (Basel)
Li H, Dai J.
europepmc   +1 more source

Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation

Metroeconomica, EarlyView.
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

Impact of high-speed rail opening on the site selection of renewable energy enterprises: empirical evidence from China. [PDF]

Carbon Balance Manag
Han W, Wu X, Wang Y, Huang S.
europepmc   +1 more source

Public Debt Dynamics in a Monetary Economy of Production

Metroeconomica, EarlyView.
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

Forms of Calling and Helping Behaviors at Work: Psychological Entitlement and Moral Duty as Mediators. [PDF]

Behav Sci (Basel)
Park SW, Sohn YW.
europepmc   +1 more source

Neoclassical Theory and Its Applications

, 2015
The grant entitled Neoclassical Theory and Its Applications started on January 15 2001 and ended on April 14 2015. The main goal of the project is to develop neoclassical theory to understand tokamak physics, and employ it to model current experimental observations and future thermonuclear fusion reactors.
openaire   +2 more sources