Results 121 to 130 of about 8,275 (280)
Monetary Policy When Preferences Are Quasi‐Hyperbolic
Journal of Money, Credit and Banking, EarlyView.Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley +1 more source
On Measuring the Welfare Cost of Inflation
Journal of Money, Credit and Banking, EarlyView.Abstract This paper uses neoclassical monetary demand theory to measure the welfare cost of inflation. It uses the microeconomic‐ and aggregation‐theoretic approach to the demand for money, that integrates the demand for money with the demands for consumption and leisure, and provides a comparison between the consumer surplus approach based on ...
APOSTOLOS SERLETIS, LIBO XU
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The Capital–Labour–State Dynamics of Herbicide Adoption in Rainfed India
Journal of Agrarian Change, EarlyView.ABSTRACT This paper engages debates around the capital–labour–state dynamics of agrarian transitions to address the oft‐studied but still little‐understood question of why farmers adopt herbicides when they do. Over the last several years, smallholder farmers in India have begun using the herbicide bispyribac sodium at breakneck speeds, particularly in
Carly Nichols, Nidhi Kumari
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Nudges, preferences and competences: a critique of both neoclassical and behavioral economics [PDF]
Richard A. Epstein
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‘Some Useful Hints for Improving the Elegance and Dignity of her Attire’: Thomas Hope and Henry Moses, Greek Vases and Neoclassical Fashion [PDF]
, 2022 Frances Van Keuren, Kristen Miller Zohn
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Rural Capitalists and Development in Colonial Africa: A Comparative Analysis
Journal of Agrarian Change, EarlyView.ABSTRACT This paper explores the emergence and role of rural capitalists in colonial Sub‐Saharan Africa by comparing three peasant‐based economies: Bechuanaland, the Gold Coast and Tanganyika. Using social tables, we estimate the population and income shares of better earning agricultural producers and assess their impact on rural inequality and ...
Prince Young Aboagye +2 more
wiley +1 more source
What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
Journal of Economic Surveys, EarlyView.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
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Polanyi on crisis: The United States, fascism and ecological break‐down
Journal of Law and Society, EarlyView.Abstract This article uses Karl Polanyi's understanding of the crisis inherent in liberal economics to analyse a contemporary crisis—Trump's global tariff agenda. It argues that Trump's tariff agenda conforms to Polanyi's interpretation of how the crisis of liberal economics can disintegrate into more malignant forces.
ROWAN ALCOCK
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History of art paintings through the lens of entropy and complexity. [PDF]
Proc Natl Acad Sci U S A, 2018 Sigaki HYD, Perc M, Ribeiro HV.
europepmc +1 more source