Showing 1 - 10 of 363
The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...
Persistent link: https://www.econbiz.de/10015234937
"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...
Persistent link: https://www.econbiz.de/10015235742
“Okun’s Law” states a 3:1 proportion between percent growth in U. S. real GNP and percent decrease in the rate of unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed through a form of mathematic / harmonic inverse....
Persistent link: https://www.econbiz.de/10015236853
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10015236178
Maffeo Pantaleoni’s concepts of “political prices” and “economic prices” explore institutional change and the dynamics of rent-seeking society. He distinguishes between “objective” discriminations, which conform to the reproductive logic of an institution, and those that are...
Persistent link: https://www.econbiz.de/10015213350
This study investigates whether the competence of central bank governors affect the stability of the financial system they are responsible for. Using publicly available information about central bank governors from 2000 to 2016 together with data on financial stability and the macro-economy, the...
Persistent link: https://www.econbiz.de/10015213951
Maffeo Pantaleoni’s concepts of “political prices” and “economic prices” explore institutional change and the dynamics of rent-seeking society. He distinguishes between “objective” discriminations, which conform to the reproductive logic of an institution, and those that are...
Persistent link: https://www.econbiz.de/10015214045
This contribution to the conference "Nach der Wertdiskussion?" of the Political Economy Research Group of the Philipps University of Marburg, which took place on 27 and 28 June 1998, analyses the "core" of the neo-Ricardian model, i.e. the mathematical approach underlying the determination of...
Persistent link: https://www.econbiz.de/10015214833
In almost all aspects of social life government intervention seems much more pervasive and intrusive today than ever before—at least in many of the Western countries. Governments seem year by year to consume still more resources and to regulate the details of the actions and interactions of...
Persistent link: https://www.econbiz.de/10015216147
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10015217045