Search Results - subject:"Samuelson"

Revisiting Samuelson's models, linear and nonlinear, stability conditions and oscillating dynamics

Tramontana, Fabio; Gardini, Laura - In: Journal of Economic Structures 10 (2021), pp. 1-15

In this work, we reconsider the dynamics of a few versions of the classical Samuelson's multiplier-accelerator model … effects. Our analysis confirms that the seminal work of Samuelson and simple modifications of it, may give powerful tools in …

Persistent link: https://www.econbiz.de/10013288340

The Cost of Public Funding with Direct and Indirect Taxation - a Revisit

Holtsmark, Bjart J.; Holtsmark, Katinka Kristine - 2021

The paper shows that the marginal cost of public funds (MCF) does not depend on whether public revenue is collected by taxation of consumer goods or income from factors supplied by households on the market. Atkinson and Stern (1974) concluded in their seminal paper that “[...] whether the...

Persistent link: https://www.econbiz.de/10012581970

Capitalism, populism and democracy: Revisiting Samuelson's reformulation of Schumpeter

Ocampo, Emilio - 2021

In the 1970s and early 1980s Paul Samuelson reformulated the conditional prediction made by Joseph Schumpeter in … Capitalism, Socialism and Democracy by replacing socialism with populism. According to Samuelson, "populist democracy" had …. Samuelson's thesis was that a strong electoral demand for equality and antipathy to business had hindered sustained economic …

Persistent link: https://www.econbiz.de/10012609599

In search of Santa Claus: Samuelson, Stigler, and Coase theorem worlds

Medema, Steven G. - 2021

One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase's result - an artifact of an ambiguity in Coase's reasoning. Some framed Coase's result in a bargaining context...

Persistent link: https://www.econbiz.de/10012653014

Real exchange rate effect on economic growth: Comparison of fundamental equilibrium exchange rate and Balassa-Samuelson based Rodrik approach

Seraj, Mehdi; Coskuner, Cagay - In: Journal of Applied Economics 24 (2021) 1, pp. 541-554

, little has been done to compare these dynamics within economies using the Balassa-Samuelson-based Rodrik approach (BS) and … the first to compare the fundamental equilibrium exchange rate model and Balassa-Samuelson-based Rodrik approach and use …

Persistent link: https://www.econbiz.de/10015334305

The cost of public funding with direct and indirect taxation : a revisit

Holtsmark, Bjart; Holtsmark, Katinka - 2021

Persistent link: https://www.econbiz.de/10012437901

The dynamics of property rights in modern autocracies

Cao, Dan Vu; Lagunoff, Roger D. - 2021

Persistent link: https://www.econbiz.de/10012549901

In search of Santa Claus : Samuelson, Stigler, and Coase theorem worlds

Medema, Steven G. - 2021 - Version 1.4

One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result - an artifact of an ambiguity in Coase’s reasoning. Some framed Coase’s result in a bargaining...

Persistent link: https://www.econbiz.de/10012648438

Connectedness between the crude oil futures and equity markets during the pre- and post-financialisation eras

Wadud, Sania; Durand, Robert B.; Gronwald, Marc - 2021

2004. The finding indicates weakening seasonality in crude oil futures and diminishing Samuelson maturity effect i …

Persistent link: https://www.econbiz.de/10012599014

Revisiting Samuelson's models, linear and nonlinear, stability conditions and oscillating dynamics

Tramontana, Fabio; Gardini, Laura - In: Journal of economic structures : JES; the official … 10 (2021), pp. 1-15

In this work, we reconsider the dynamics of a few versions of the classical Samuelson’s multiplier-accelerator model … effects. Our analysis confirms that the seminal work of Samuelson and simple modifications of it, may give powerful tools in …

Persistent link: https://www.econbiz.de/10012588768