Results 21 to 30 of about 9,954,014 (246)
EconomiA, 2014 The purpose of this paper is to discuss the importance of knowledge, both tacit and codified, in the formation of the state of long-term expectations that drive firms’ decisions to search for innovation and to investment in R&D.
João P. Romero
doaj +1 more source
Striking a Bargain: Narrative Identification of Wage Bargaining Shocks
Journal of Applied Econometrics, EarlyView.ABSTRACT Wage markup shocks, an important driver of business cycles, are hard to pin down. We quantify the importance of exogenous variation in wage bargaining power, one source of those shocks, from German minimum wage introduction episodes and strikes. This disciplines the impulse responses of unemployment and output, and sharpens inference for other
Žymantas Budrys +2 more
wiley +1 more source
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 +1 more
wiley +1 more source
Metas de inflação, regra de Taylor e neutralidade da moeda: uma crítica pós-keynesiana
Brazilian Journal of Political Economy, 2012 Inflation targeting, Taylor rule and money neutrality: a post-Keynesian critic. This paper critically discusses the inflation targeting regime proposed by orthodox economists, in particular the Taylor Rule.
Mariana de Lourdes Moreira Lopes +2 more
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Better on Average? Average Inflation Targeting With an Unclear Averaging Window
Southern Economic Journal, EarlyView.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
Inflation targeting and macroeconomic stability in a Post Keynesian economy
, 2008 This paper examines the compatibility of inflation targeting with an economy that is Post Keynesian in character. We show that in a Post Keynesian environment, policymakers can both set and achieve an inflation target without adverse consequences for the
LIMA, Gilberto Tadeu, SETTERFIELD, Mark
core +1 more source
Brazilian Journal of Political Economy, 2021 The objective of this review is to discuss the formation of knowledge proposed by Keynes on his Treatise on Probability, and the economic agents’ behavior in an uncertainty scenario presented on his General Theory, by the Narrative Economics’ and ...
GABRIEL VILELA RESENDE FREITAS
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How Important Are Sectoral Shocks in Australia?
Australian Economic Review, EarlyView.ABSTRACT We examine the role of sectoral shocks in driving aggregate fluctuations for the Australian economy between 1994 and 2023, comparing the pre‐COVID and COVID periods. Using both statistical and structural factor models for disaggregated industrial production, we find that sectoral shocks accounted for a substantial portion of aggregate ...
Longye Tian, James Morley
wiley +1 more source
Real GDP Growth Predictability and Implications for Estimating Australia's Output Gap
Australian Economic Review, EarlyView.ABSTRACT The output gap, defined as the cyclical component of real GDP, is a key variable for macroeconomic policy. It is also sometimes analogously interpreted as a measure of the business cycle. Real GDP growth in Australia has been known to be almost unpredictable beyond a constant level using standard time series models of its own past outcomes. We
Gilliane De Gorostiza‐Roudnitski +1 more
wiley +1 more source
When Thriving for More Collapses the System: The Academic Reproduction of Uncaring Structures
British Journal of Management, EarlyView.Abstract This essay argues that the widening gap between aspirational aims and visionary orientations and the prevailing practices in neoliberal academia stems from deeper, historically rooted, market‐based logics shaping our institutions, increasingly governed by economic values and academic subjectivities therein.
Lara Pecis, Florian Bauer
wiley +1 more source