Results 31 to 40 of about 79,210 (220)
New-Keynesian economics: An AS–AD view [PDF]
Abstract A simple New-Keynesian model is set out with AS–AD graphical analysis. The model is consistent with modern central banking, which targets short-term nominal interest rates instead of money supply aggregates. This simple framework enables us to analyze the economic impact of productivity or mark-up disturbances and to study alternative ...
openaire +2 more sources
Do Internet‐Driven Trade Shocks Moderate the Exchange Rate Pass‐Through to Inflation?
ABSTRACT This study examines the existence of an internet globalisation intensifying impact on the size of the exchange rate pass‐through (ERPT) to inflation, which conditions the response of central banks' policy rates. Expanding on the traditional determinants of ERPT, we incorporate technology‐induced trade shocks linked to internet adoption to ...
Joanna Darwiche, Nicole Ballouz Baker
wiley +1 more source
What Explains International Interest Rate Co‐Movement?
ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley +1 more source
The association between a crisis in economics and the economic crisis, spontaneously drawn by the media and the public, is a fact which calls for explanation. We begin by identifying what the public and the media perceive as “economics”.
José Castro Caldas +2 more
doaj +1 more source
ABSTRACT Championed as a pathway for sustainable growth, the “blue economy” (BE) has garnered increasing interest in recent decades. International organizations like the World Bank and the Organization for Economic Cooperation and Development (OECD) increasingly point to marine resources and activities as a “new frontier” for economic growth ...
Flora St. Pier +2 more
wiley +1 more source
The Contribution of J.M. Keynes to the Analysis of the Psychological Motives of Economic Behavior
The article examines the contribution of John Maynard Keynes to the study of the psychological motives of economic behavior. The origins of the analysis of the psychological motives in economics before Keynes are reviewed.
Maria A. Kozlova
doaj +5 more sources
ABSTRACT This study pursues a dual objective. First, it investigates the unconditional impact of anti‐globalization on structural transformation in Africa. Second, it explores how environmental degradation interacts with anti‐globalization to influence structural transformation. The analysis focuses on 52 African countries over the period 2005–2023. To
Simplice A. Asongu, Ekene ThankGod Emeka
wiley +1 more source
Better on Average? Average Inflation Targeting With an Unclear Averaging Window
ABSTRACT Average inflation targeting (AIT) aims to stabilize inflation expectations by offsetting past deviations from target. However, ambiguity about the averaging window can complicate expectations formation and reduce policy effectiveness. This paper integrates AIT into a benchmark DSGE model, incorporating adaptive learning and a signal extraction
James Dean
wiley +1 more source
Recensione a: Lavoie M. (2022), Post-Keynesian Economics – New Foundations, 2a edizione, Cheltenham (UK) e Northampton (MA, USA): Edward Elgar.
Sergio Cesaratto
doaj +1 more source
Reflections on the Present State of Economics
In the context of the special issue on Joseph Steindl, we offer here a republication of Steindl’s contribution to the series “Recollections of Eminent Economics”, originally published in vol. 37 n.
Josef Steindl
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