credit quality, and hence, they are obliged to rely on deposit insurance and capital cushions in order to assure that their … capital is exchange by a unit of risk, or, in other words, it determines the market price of risk. Episodes of liquidity …

growth rate of productivity is an increasing function of the share of capital. It is assumed that the industrial sector has a … higher capital share than the agricultural sector and that the ability to substitute one output for the other slowly rises …

Addresses the question of causality between public capital and private production in Australia. Representations for … private production; Long-run elasticities; Short-run dynamics; Relationship between public capital and employment. …

closely linked to the development of social institutions, in particular of state institutions. Capital, the most recent form …

statistics - measured in income or capital - lies in the way the measures are constructed. Any measure of the total value of … capital relies on a common denominator of that value, a numeraire, the choice of which also determines the dynamic development … slow (exogenous) depletion of resources. It is shown that the choice of the numeraire determines the form of the capital …

This essay provides a simple, non-technical reformulation of Marx’s theoretical treatment of value and capital. It …