Department of Economic History, Stockholm University
... behind the empirical material, and of rationalism, of emphasising the essence in such a degree as to not see that theory in the last instance must be confronted with empirical material and that this confrontation also will change the understanding of essence. A common criticism directed specifically ...
... behind the empirical material, and of rationalism, of emphasising the essence in such a degree as to not see that theory in the last instance must be confronted with empirical material and that this confrontation also will change the understanding of essence. A common criticism directed specifically ...
The Institution, the Economy and the Market: Karl Polanyi`s
... forces. The first principle is the principle of economic liberalism. Its aim is to establish the self-regulating market using laissez-faire methods and free trade. This principle was supported by the bourgeois classes. For Polanyi, economic liberalism is the organizing principle of a society engaged ...
... forces. The first principle is the principle of economic liberalism. Its aim is to establish the self-regulating market using laissez-faire methods and free trade. This principle was supported by the bourgeois classes. For Polanyi, economic liberalism is the organizing principle of a society engaged ...
ABSTRACT Title of Document:
... and a consumption hangover in the future. The basic point of Tornell and Velasco’s paper is that if inflation is costly for the fiscal authorities, flexible regimes provide tighter fiscal discipline than fixed regimes by forcing the costs to be paid up-front. We argue that capital controls induce e ...
... and a consumption hangover in the future. The basic point of Tornell and Velasco’s paper is that if inflation is costly for the fiscal authorities, flexible regimes provide tighter fiscal discipline than fixed regimes by forcing the costs to be paid up-front. We argue that capital controls induce e ...
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... of these societies. We suggest some additional attributes which should be taken into account in characterizing these societies. Linear (unidirectional) models of the development of prehistoric societies are criticized and multi-linear models are discussed. Currently, three main stereotypes of the na ...
... of these societies. We suggest some additional attributes which should be taken into account in characterizing these societies. Linear (unidirectional) models of the development of prehistoric societies are criticized and multi-linear models are discussed. Currently, three main stereotypes of the na ...
Impact of Inflation on Economic Growth: Case Study of Nigeria (1970
... Maintaining price stability and growth together in an economy is one of the central macroeconomic policy objectives of most developing countries in the world today. In order to promote economic growth and strengthen the purchasing power of the domestic currency for the Nigerian economy, emphasis has ...
... Maintaining price stability and growth together in an economy is one of the central macroeconomic policy objectives of most developing countries in the world today. In order to promote economic growth and strengthen the purchasing power of the domestic currency for the Nigerian economy, emphasis has ...
The Effects of Natural Disasters on Long Run Growth Aaron Popp
... schools and universities may decrease human capital accumulation, because students forced out of classes lose out on the education that they otherwise would have received. Hurricane George in 1998 destroyed 4% and damaged 28% of the schools in the Dominican Republic, and the government used 443 of t ...
... schools and universities may decrease human capital accumulation, because students forced out of classes lose out on the education that they otherwise would have received. Hurricane George in 1998 destroyed 4% and damaged 28% of the schools in the Dominican Republic, and the government used 443 of t ...
Token Economies
... Use law of supply and demand Consider therapeutic value of the behavior Have a variety of prices Set prices before dispensing tokens Initially, set prices so that everyone has the opportunity to purchase backup reinforcers Let clients know in advance what the prices of the backup reinforcers will be ...
... Use law of supply and demand Consider therapeutic value of the behavior Have a variety of prices Set prices before dispensing tokens Initially, set prices so that everyone has the opportunity to purchase backup reinforcers Let clients know in advance what the prices of the backup reinforcers will be ...
Fiscal Rules for Resource Windfall Allocation: The Case of
... of resource windfalls, using arbitrary allocation rules to determine how much of the windfall should be saved. One limitation though is because of the nonstochastic nature of the models used in these studies, they are unable to determine the optimal allocation based on measures of volatility. At the ...
... of resource windfalls, using arbitrary allocation rules to determine how much of the windfall should be saved. One limitation though is because of the nonstochastic nature of the models used in these studies, they are unable to determine the optimal allocation based on measures of volatility. At the ...
The CreaTive indusTries and The BriCs
... Pugatch Consillium works with a wide range of clients from the world’s largest multi-national companies through to chambers of commerce, trade associations, international organizations, and public bodies. Authors of this report are Meir Pugatch, David Torstensson and Rachel Chu. Professor Meir Pugat ...
... Pugatch Consillium works with a wide range of clients from the world’s largest multi-national companies through to chambers of commerce, trade associations, international organizations, and public bodies. Authors of this report are Meir Pugatch, David Torstensson and Rachel Chu. Professor Meir Pugat ...
The Ocean Economic Statistical System of China and
... the comparison of the estimated results, both over time as well as among the different sectors of activity, countries and regions. Since the non-market value of the ocean economy has not been estimated in all countries (Park and Kildow, 2014), this paper will focus on the market value of the ocean e ...
... the comparison of the estimated results, both over time as well as among the different sectors of activity, countries and regions. Since the non-market value of the ocean economy has not been estimated in all countries (Park and Kildow, 2014), this paper will focus on the market value of the ocean e ...
AGGREGATE DEMAND, INSTABILITY, AND GROWTH*
... instability. Shaikh (2009, p. 464), for example, proposes “a simple and sensible dynamic adjustment process” that “renders the warranted path perfectly stable.” Skott (1989, 2008) also discusses mechanisms that can make growth models with a Harrod-like investment function stable in the long run. The ...
... instability. Shaikh (2009, p. 464), for example, proposes “a simple and sensible dynamic adjustment process” that “renders the warranted path perfectly stable.” Skott (1989, 2008) also discusses mechanisms that can make growth models with a Harrod-like investment function stable in the long run. The ...
Principles of Economics Third Edition by Fred Gottheil
... 2. Expectations of price changes. • An expectation of inflation could cause an increase in the current level of consumption, even though incomes are not expected to change. The increase in consumption would shift the curve upward. Gottheil - Principles of Economics, 4e © 2005 Thomson ...
... 2. Expectations of price changes. • An expectation of inflation could cause an increase in the current level of consumption, even though incomes are not expected to change. The increase in consumption would shift the curve upward. Gottheil - Principles of Economics, 4e © 2005 Thomson ...
Prof. Dr. Mükerrem Hiç Dr. Özlen Hiç
... with P&W-rigidities, all leading to lack of AD, hence Keynesian UN at least in the SR ifnot in the LR (Mankiw and Romer, 1995a, 1995b). Many ofthese models or causes of P&W-rigidities would produce Keynesian UN only in the SR and even then the effect would not be strong enough. Yet, these models wer ...
... with P&W-rigidities, all leading to lack of AD, hence Keynesian UN at least in the SR ifnot in the LR (Mankiw and Romer, 1995a, 1995b). Many ofthese models or causes of P&W-rigidities would produce Keynesian UN only in the SR and even then the effect would not be strong enough. Yet, these models wer ...
The Social Economic and Environmental Impacts
... resource of an area on the premise that the area productivity will not be damaged. In the calculation of ecological carrying capacity, as different countries or regions have different natural resource endowment, not only is the ecological production capacity of the unit area of arable land, pasture, ...
... resource of an area on the premise that the area productivity will not be damaged. In the calculation of ecological carrying capacity, as different countries or regions have different natural resource endowment, not only is the ecological production capacity of the unit area of arable land, pasture, ...
Reconstruction Dynamics: The Impact of World War II on Post%War
... process last after the cessation of hostilities, which regions of the world did it a¤ect, and how important was it compared to other factors that in‡uenced growth over this period? Our aim in the present paper is to systematically address exactly these questions. The notion of reconstruction dynamic ...
... process last after the cessation of hostilities, which regions of the world did it a¤ect, and how important was it compared to other factors that in‡uenced growth over this period? Our aim in the present paper is to systematically address exactly these questions. The notion of reconstruction dynamic ...
Reconstruction Dynamics: The Impact of World War II on Post%War
... process last after the cessation of hostilities, which regions of the world did it a¤ect, and how important was it compared to other factors that in‡uenced growth over this period? Our aim in the present paper is to systematically address exactly these questions. The notion of reconstruction dynamic ...
... process last after the cessation of hostilities, which regions of the world did it a¤ect, and how important was it compared to other factors that in‡uenced growth over this period? Our aim in the present paper is to systematically address exactly these questions. The notion of reconstruction dynamic ...
“Innovation Studies”: The Invention of a Specialty (Part I)
... first emerged two thousand years ago in rhetoric (Cicero), then appeared in legal and civil affairs and early literary criticism. At about the same time, the few “mechanical” writings that existed made use of the category – as would do patent privileges and laws from the late Middle Ages. From about ...
... first emerged two thousand years ago in rhetoric (Cicero), then appeared in legal and civil affairs and early literary criticism. At about the same time, the few “mechanical” writings that existed made use of the category – as would do patent privileges and laws from the late Middle Ages. From about ...
Chapter 2 (PDF 115KB)
... MFP provides the better indicator of the overall improvement in an economy’s efficiency, as it measures the growth in economic output above that directly attributable to growth in measured capital and labour inputs. In other words, MFP informs whether GDP growth originates from productivity growth o ...
... MFP provides the better indicator of the overall improvement in an economy’s efficiency, as it measures the growth in economic output above that directly attributable to growth in measured capital and labour inputs. In other words, MFP informs whether GDP growth originates from productivity growth o ...
jeremy bentham and gary becker: utilitarianism and economic
... given economics the instruments to deal with subjects that were not traditionally considered as part of its field of study. This expansion of economics has been called economic imperialism: economics colonizing the territory of other social sciences. Economic imperialism is not a new phenomenon. The ...
... given economics the instruments to deal with subjects that were not traditionally considered as part of its field of study. This expansion of economics has been called economic imperialism: economics colonizing the territory of other social sciences. Economic imperialism is not a new phenomenon. The ...
OCR AS Level Economics H060
... This exciting atmosphere will be supported by a complete, comprehensive and high-quality OCR Economics support package, with materials for you to adapt and use to suit your class as appropriate. This package will respect your professionalism to construct the course of learning in your own way. At th ...
... This exciting atmosphere will be supported by a complete, comprehensive and high-quality OCR Economics support package, with materials for you to adapt and use to suit your class as appropriate. This package will respect your professionalism to construct the course of learning in your own way. At th ...