Results 31 to 40 of about 20,185 (224)

A Natural Value Unit - Econophysics as Arbiter between Finance and Economics

, 2006
Foreign exchange markets show that currency units (= accounting or nominal price units) are variables. Technical and economic progress evidence that the consumer baskets (= purchasing power units or real price units) are also variables.
Ahrends, Baehr, Chiang, Diederichsen, Dragulescu, Georgescu-Roegen, Hill, Keynes, Lancaster, Lancaster, Neary, Pindyck, Planck, Pollak, Rant, Smolin, Steivan Defilla, Summers, Walsh   +18 more
core   +1 more source

The Credit Channel of Monetary Transmission in the US: Is It a Bank Lending Channel, a Balance Sheet Channel or Both or Neither?

International Journal of Finance &Economics, Volume 30, Issue 4, Page 3521-3534, October 2025.
ABSTRACT We develop a theoretical framework that extends the Bernanke and Blinder model to incorporate imperfect substitution between internal and external finance of firms to study the operation of both the bank lending and the balance sheet channels of monetary transmission in the US.
Sophocles N. Brissimis, Michalis‐Panayiotis Papafilis   +1 more
wiley   +1 more source

Demand Systems Without Errors

International Economic Review, Volume 66, Issue 4, Page 1599-1617, October 2025.
ABSTRACT This paper describes a novel method for combining revealed preference analysis in the tradition of Afriat (1967, International Economic Review, 8: 76–77) with a statistical demand model. The approach is illustrated with an analysis of the labor supply of the nonneoclassical taxi drivers described in Farber (2005, Journal of Political Economy ...
Ian Crawford
wiley   +1 more source

A CIEN AÑOS DE LA MUERTE DE LEÓN WALRAS I: SOBRE SU OBRA ORIGINAL

Cuadernos de Economía, 2010
Este artículo es un viaje personal a través de la obra original de León Walras en el centenario de su muerte (1910). Se enfatiza en su modelo de equilibrio general bajo competencia perfecta, pero enmarcado por los criterios de elección de políticas ...
Sergio Monsalve
doaj   +2 more sources

Rural Pensions, Labor Reallocation, and Aggregate Income: An Empirical and Quantitative Analysis of China

Econometrica, Volume 93, Issue 5, Page 1663-1696, September 2025.
We exploit the implementation of a rural pension policy in China to estimate the average rural‐to‐urban migration cost for workers affected by the policy and the average underlying sectoral productivity difference. Our estimates, based on a large panel data set, reveal significant migration costs and substantial sectoral productivity differences, with ...
Qingen Gai, Naijia Guo, Bingjing Li, Qinghua Shi, Xiaodong Zhu   +4 more
wiley   +1 more source

J.A. Schumpeter (1908) and Money: Acting as Go-Between?

Œconomia, 2013
This paper examines J.A. Schumpeter’s theory of money, as expounded in his first book, Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie (The Essence and Main Contents of Theoretical Economics), published in 1908.
Cécile Dangel-Hagnauer
doaj   +1 more source

Menger contre Walras [PDF]

Revue économique, 2018
Il est courant de ne voir dans le rejet par Carl Menger de l’usage de l’outil mathématique qu’une spécificité anecdotique qui le différencie, sur la forme exclusivement, de l’analyse marginaliste de Léon Walras. Nous montrerons qu’en fin de compte le rejet des mathématiques (d’un certain type) par Menger est une décision cohérente parfaitement ...
openaire   +3 more sources

Can Trade Policy Mitigate Climate Change?

Econometrica, Volume 93, Issue 5, Page 1561-1599, September 2025.
Trade policy is often cast as a solution to the free‐riding problem in international climate agreements. This paper examines the extent to which trade policy can deliver on this promise. We incorporate global supply chains of carbon and climate externalities into a multi‐country, multi‐industry general equilibrium trade model.
Farid Farrokhi, Ahmad Lashkaripour
wiley   +1 more source

Un economista socialista. Léon Walras

Revista de Economía Institucional
Este documento presenta la traducción al español del ensayo de 1897 de Charles Péguy sobre Léon Walras, junto con un análisis contextual del intercambio intelectual entre ambos.
Charles Péguy
doaj   +1 more source

Existence of Equilibria for Shared Goods

Journal of Public Economic Theory, Volume 27, Issue 4, August 2025.
ABSTRACT A shared good is an impure public good in which personalized consumptions are produced by groups using a sharing technology. Rivalry in consumption is captured by the shape of this technology. Private goods and pure public goods are special cases in which there is complete rivalry and no rivalry, respectively.
John A. Weymark
wiley   +1 more source