Showing 1 - 10 of 514
of the processes of its functioning. The qualitative aspects are determined by the system's parameters. The quantitative … aspects characterize the efficiency of the processes of it's functioning. …
Persistent link: https://www.econbiz.de/10015237390
This paper represents a continuation of a previous paper, Mutaşcu & Dima (2005), where we demonstrated the “abnormal” behavior that local authority from Romania is manifesting regarding the subventions received from the central budget. In accord with public choice theory, exist an...
Persistent link: https://www.econbiz.de/10015213264
which individuals (agents) take into account each other’s activities. A central concept employed herein is the Shared Mental … Model (SMM) used by participants of joint activity to collect and process information dispersed between them that is … each other’s activities. The UCI structure is defined as a specialized agent-based simulation model, which is an …
Persistent link: https://www.econbiz.de/10015213456
The objective of the study was to determine if a policy of preference for the domestic public debt market influences the development of the respective national financial system. This research finds that such influence does exist. Using panel data techniques, the causal relationship between the...
Persistent link: https://www.econbiz.de/10015213501
Using nationally representative household-level panel data from India, we study status-signalling through conspicuous consumption across castes, religions and economic classes. Conditional on permanent income, Scheduled Castes (SC) and Scheduled Tribes (ST) spend more, while Muslims and...
Persistent link: https://www.econbiz.de/10015213929
In this paper, it is argued that many of the prescriptions of economic policy to promote growth and achieve development tend to be divergent because they use different moral assessment systems at heart. This happens because the economics cannot define welfare without resorting to any particular...
Persistent link: https://www.econbiz.de/10015214302
None of the known macroeconomic theories are adequate to understand what to do in a global crisis like the 2020 Global Pandemic. Rational Expectations and monetarism cannot even ex-plain how is that a global crisis like this happens. The IS-LM model was designed to manage business cycles, but...
Persistent link: https://www.econbiz.de/10015214327
This paper is devoted to the possibility of creating worker cooperatives in which worker members are remunerated not through wages, but through dividends calculated on the added value produced by the enterprise, that is, cooperatives in which there is no labor cost, but only dividends on the net...
Persistent link: https://www.econbiz.de/10015214359
This paper represents a continuation of a previous paper, Mutaşcu & Dima (2005), where we demonstrated the “abnormal” behavior that local authority from Romania is manifesting regarding the subventions received from the central budget. In accord with public choice theory, exist an...
Persistent link: https://www.econbiz.de/10015214467
feature of being irreversible. If communication is defined as a process of engaging in an economic activity while observing …
Persistent link: https://www.econbiz.de/10015215204