Results 31 to 40 of about 21,399,022 (251)

When Politics Meets Money: Geopolitical Risk and Money Demand in the US and Euro Area

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper investigates the impact of geopolitical risk on real money demand in the United States and the Euro Area using Divisia monetary aggregates. To account for the potential instability of money demand and the complex nature of geopolitical shocks, we employ a comprehensive empirical framework combining linear and non‐linear ...
Anirban Sengupta, Fredj Jawadi, Abdoulkarim Idi Cheffou   +2 more
wiley   +1 more source

Policy Relevance of Development Economics Revisited

Asian Development Review, 1989
The state of development economics has recently been the subject of a great deal of discussion. This debate has been initiated by Albert Hirschman’s illuminating paper which traced the extraordinarily productive tensions surrounding the birth of a new ...
Hiroshi Kitamura
doaj   +1 more source

The Effects of Monetary Policy in the United Kingdom: New Evidence From SONIA Market Responses

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper constructs a new measure of the UK monetary policy instrument (MPI) using daily changes in the sterling overnight index average (SONIA) around Bank of England policy events from June 1997 to August 2025. The instrument explicitly accounts for pre‐event information and unconventional monetary policy (UMP) using lagged macro‐financial
Ayobami E. Ilori, Lucia M. Murgia
wiley   +1 more source

The Eurozone's Crisis Conundrum and the Role of Macroeconomic Theory

World Review of Political Economy, 2018
In the years before the global financial crisis (GFC), macroeconomic profession converged on many points of how financial markets work and how they should be regulated.
Kristijan Kotarski
doaj   +1 more source

The Impact of Unemployment, Inflation, and the Exchange Rate on Economic Growth in South Africa (1994–2022)

International Studies of Economics, EarlyView.
ABSTRACT South Africa's macroeconomic environment continues to be shaped by persistent structural imbalances, including high unemployment, inflationary pressures, and exchange rate fluctuations, all of which have important implications for the country's long‐term economic performance.
Thakhani Tshibalanganda, Dintuku Maggie Kgomo   +1 more
wiley   +1 more source

Looking for the microfoundations : nominal rigidities and the New Keynesian economics [PDF]

, 2002
This paper presents a critical description of the most influential New-Keynesian models with nominal rigidities. The study aims to elucidate the concept of long-term contracts, small menu costs, and near-rationality.
Wallusch, Jacek, Izabela Bludnik, Jacek Wallusch, Bludnik, Izabela   +3 more
core   +1 more source

U.S. Path to Industry 4.0: Reassessing Supply Chain Digitalization and AI for Industrial Sustainability

Sustainable Development, EarlyView.
ABSTRACT Currently, the United States (U.S.) has issues with declining industrial values and supply chain digitalization, which threaten the country's industrialization and Industry 4.0 transformation. The country needs to reverse this trend through effective policy implementation. However, the literature's understanding of effective policies' long‐run
Mohammad Fakhrul Islam, Md Emon Ahmed, Nur Mohammad Ali, Clapher Ankur Gomes, Md. Faisal‐E‐Alam   +4 more
wiley   +1 more source

The return to keynesianism in overcoming cyclical fluctuations? [PDF]

Ekonomski Anali, 2008
The problems faced by the American economy in the second half of 2007, which intensified in 2008, have once again asked economic science, and even more so economic policy, questions relating to business cycles - the reasons for cyclical fluctuations, the
Praščević Aleksandra
doaj   +1 more source

The role of taxes as automatic destabilizers in New Keynesian economics [PDF]

Journal of Public Economics, 2001
This paper analyses the effects of taxation in New Keynesian economics. The results show that taxes contribute to price and wage stickiness and, moreover, that the resulting fluctuations in welfare are magnified by the presence of taxes. These results are at odds with the old Keynesian idea of automatic stabilizers.
Kleven, Henrik Jacobsen, Kreiner, Claus Thustrup   +1 more
openaire   +4 more sources

Spatial Dynamics of Tourism Sustainability in EU Member States

Sustainable Development, EarlyView.
ABSTRACT This study introduces a synthetic indicator of tourism sustainability for the EU, bridging the gap between institutional monitoring and academic research. By applying the PROMETHEE II method to rank the 27 Member States in 2019 and 2023, the research transforms static data into a dynamic roadmap of post‐pandemic recovery. The findings reveal a
M. Rosario González‐Rodríguez, M. Carmen Díaz‐Fernández   +1 more
wiley   +1 more source