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The Soft Budget Constraint: A Theoretical Clarification [PDF]
In this paper, we have distinguished three different conceptions of the budget constraint (BC). The first one, introduced by Clower, regards the BC as a universal (unconditional) rational planning postulate.
Mehrdad Vahabi
core
Debunking Macroeconomics [PDF]
The failure of neoclassical models to warn of the economic crisis has led to some rare soul searching in a discipline not known for such introspection. The dominant reaction within the profession has been to admit the failure, but to argue that there is ...
Steve Keen
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General Equilibrium without Utility Functions: How far to go? [PDF]
How far can we go in weakening the assumptions of the general equilibrium model? Existence of equilibrium, structural stability and finiteness of equilibria of regular economies, genericity of regular economies and an index formula for the equilibria of ...
Mich Tvede, Yves Balasko
core
The Role of Entropy in the Development of Economics. [PDF]
Entropy (Basel), 2020 Jakimowicz A.
europepmc +1 more source
Assessing Path Dependency in Vietnam's Healthcare Legal Framework: Exploring Public-Private Collaboration in Ho Chi Minh City during the COVID-19 Crisis. [PDF]
Asian Bioeth RevDung TV, Vy NNT.
europepmc +1 more source
The macroeconomics of COVID-19 exit strategy: the case of Japan. [PDF]
Jpn Econ Rev (Oxf), 2021 Kubota S.
europepmc +1 more source
Policy responses to COVID-19 pandemic waves: Cross-region and cross-sector economic impact. [PDF]
J Policy Model, 2022 Bonfiglio A, Coderoni S, Esposti R.
europepmc +1 more source