Results 51 to 60 of about 888 (172)
The State and the Market in Industrial Development: Perspectives from the 1980s
The relationship between the state and the market has been a continuous theme for those economists seeking to understand the process of economic growth and to advise on policies to affect that process.
George Rosen
doaj +1 more source
Taylor Rule Deviations Across Horizons: A Practical Tool for Monetary Policy
Abstract We propose “Taylor rule yields” across horizons for the United States. Applying the standard Taylor rule to expected paths of inflation and the output gap, we construct a sequence of short‐term rates under neutral monetary policy stances, whose average defines the Taylor rule yield at each horizon.
MASAZUMI HATTORI +2 more
wiley +1 more source
The Attempt to Revitalize Keynes' Theory
The article gives a summary of the renewal attempts of the only, through decades dominant general economic theory, the Keynesian economics. Because of the lack of microeconomic bases and the changes happened on the commodity-, labour-, and money markets
Zsuzsa Ortutay
doaj
Understanding UK Productivity Using a Macroeconomic Lens
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley +1 more source
Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela +1 more
wiley +1 more source
Paul Anthony Samuelson and his work (on the hundredth anniversary of his birth)
Aim: The purpose of this article is an attempt to systematise and evaluate the achievements of the American Nobel laureate in economic sciences and co-founder of ‘neoclassical synthesis’ — P.A.
Mirosław Bochenek
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The Monetary Policy–Commodities Nexus: A Survey
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl +2 more
wiley +1 more source
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley +1 more source
PUBLIC POLICY IN ISLAMIC FRAMEWORK: EXPLORING PARADIGM BASED ON ISLAMIC EPISTEMOLOGY
Despite the concerted efforts of recent Islamic scholarship to establish a distinct identity for Islamic economics, they have enjoyed little success in doing so.
Abdulkader Cassim Mahomedya
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