Results 151 to 160 of about 120,564 (296)

Separating the Business Cycle from Other Economic Fluctuations [PDF]

open access: yes
Macroeconomists%u2014%u2014especially those studying monetary policy%u2014%u2014often view the business cycle as a transitory departure from the smooth evolution of a neoclassical growth model.
Robert E. Hall
core  

Identifying and Mapping Industrial Districts Through a Spatially Constrained Cluster‐Wise Regression Approach

open access: yesJournal of Regional Science, Volume 65, Issue 2, Page 403-428, March 2025.
ABSTRACT The aim of this article is to exploit an innovative spatial econometric approach to map and study the evolving patterns of industrial districts (IDs). The procedure can be classified as a k‐means cluster‐wise regression procedure and is designed to detect homogeneous areas of subcontracting activity.
Jacopo Canello   +3 more
wiley   +1 more source

Discounting Nordhaus [PDF]

open access: yes
This paper evaluates Nordhaus’s neoclassical complaints about the Stern Review from the vantage point of classical growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount rate that is well
Thomas R. Michl
core  

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

open access: yesJournal 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

Carl Menger’s “Money” and the Current Neoclassical Models of Money [PDF]

open access: yes
The paper analyzes three neoclassical models of money with emphasis on the equilibrium concepts employed. It is argued that the neoclassical theories fail to analyze the emergence of the social institution of money. Instead, they focus on the consistency
Stefan W. Schmitz
core  

Beyond Collective Agreements: The Rise of the Wage Cushion in Germany

open access: yesLABOUR, EarlyView.
ABSTRACT Representative establishment data reveal that over 60% of German plants covered by collective agreements pay wages above the level stipulated in the agreements, creating a wage cushion between actual and contractual wages. While collective bargaining coverage has fallen over time, the prevalence of wage cushions has increased, particularly in ...
André Rieder, Claus Schnabel
wiley   +1 more source

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

open access: yesMetroeconomica, 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

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