Results 81 to 90 of about 119,792 (289)
Farmers' pro‐social motivations and willingness‐to‐accept in markets with public goods
Abstract To explain how some farmers' decisions may diverge from profit‐maximization, we incorporate proactive social preferences for public goods in an expected utility framework, in addition to reactive risk preferences to uncertainty. We offer empirical evidence that proactive preferences influence farmers' decisions alongside reactive preferences ...
Jill Fitzsimmons +2 more
wiley +1 more source
Carl Menger’s “Money” and the Current Neoclassical Models of Money [PDF]
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
ABSTRACT This paper reviews the literature on the relationship between environmental, social, and governance (ESG) engagement and family firms. Drawing from mainstream databases, it identifies and analyzes 34 pivotal articles. Research on ESG and family firms is still emerging, but inconsistent findings and paradoxes obscure the field.
ChangYi Zhu +2 more
wiley +1 more source
On Keynes's Theory of the Aggregate Price Level in the Treatise: Any Help for Modern Aggregate Analysis? [PDF]
The paper explores the theory of the aggregate price and profit in Keynes's Treatise for its implications for modern macroeconomic analysis. Here profits are defined in terms of aggregate investment and saving.
Max Gillman
core
Envisioning the Future of Work: From Ideas to Reforms
ABSTRACT Two different theoretical perspectives concerning technology and the future of work are examined. One is linked to mainstream economics, whereas the other is associated with critical (‘post‐work’) discourse. Ideas about work—its nature and impacts on well‐being—matter in both perspectives.
David A. Spencer
wiley +1 more source
Pursuing a Grand Theory: Douglass C. North and the early making of a New Institutional Social Science (1950-1981) [PDF]
Purpose – The paper provides a detailed historical account of Douglass C. North's early intellectual contributions and analytical developments in pursuing a Grand Theory for why some countries are rich and others poor.
Keanu Telles
doaj +1 more source
What drives productivity growth? [PDF]
Economists have long debated the best way to explain the sources of productivity growth. Neoclassical theory and "new growth" theory both regard investment—broadly defined to include purchases of tangible assets, human capital expenditures, and research ...
Kevin J. Stiroh
core +1 more source
ABSTRACT This paper examines how labor‐supply responsiveness, captured by the inverse Frisch elasticity, shapes wage inequality in the presence of directed technical change and automation. We develop a dynamic general equilibrium model with task‐based production, heterogeneous labor, and endogenous R&D.
Óscar Afonso
wiley +1 more source
The radial electric field in the Wendelstein 7-X stellarator is computed by means of self-consistent, global, neoclassical simulations using the gyrokinetic particle-in-cell code EUTERPE.
M.D. Kuczyński +6 more
doaj +1 more source
Resolving economic deadlock [PDF]
In the introductory chapter a novel economic policy is proposed which consists of a) 'virtualizing' debt (putting it on the Central Bank balance sheet) and b) reduce the money-multiplier by an implementation of a strong minimum reserving policy. The main
Pfeffer, Claus-Peter
core +1 more source

