The evolutionary theory proposed by Nelson and Winter (1982) has inspired hundreds of studies related to the model presented in their book. This model has demonstrated the empirical validity of a new theoretical and methodological approach to the background of the U.S. economy and the...

Profit as rent: Some remarks about a pro-capitalist theory of development This study discusses several of the economic cornerstones of the contribution made by Hartmut Elsenhans to the so-called Global Keynesianism. Included are his unique definition of profits and rents; the thesis of net...

Mass consumption and underdevelopment in the „Third World“? Some remarks about the political economic theses of Hartmut Elsenhans The author‘s main thesis is that rising mass income is a precondition of capitalist growth. Without making any differences, he claims in the same article that...

Das MOGBOT ist ein ökonometrisches Modell für die Zweige der deutschen Volkswirtschaft nach der Gliederung A*10 der Klassifikation WZ 2008 (ergänzt durch das Verarbeitende Gewerbe, Abschnitt C), die den Daten der Volkswirtschaftlichen Gesamtrechnungen nach der Generalrevision 2011 zugrunde...

Die von Nelson und Winter (1982) vorgeschlagene evolutorische Theorie hat hunderte Studien angeregt, die sich auf das Modell beziehen, das in ihrem Buch vorgestellt wird. Dieses Modell demonstrierte die empirische Gültigkeit eines neuen theoretischen und methodologischen Ansatzes auf dem...

The introduction of an unconditional basic income has been discussed in Switzerland for many years. Germany, however, takes a sceptical view of this idea. The authors of this „Zeitgespräch“ express disparate opinions on how broadly the concept should be defined, but they agree on the motive...

In 2013, the German political parties CDU, CSU and SPD agreed on a range of policy areas to form a “grand coalition”. The coalition agreement was broadly covered by the media, along with the financial burden imposed by and the usefulness of the envisaged measures. In this study, the effects...

Contrary to their significance for the adjustment of econometric models, dummy variables are seldom addressed in the literature. They serve as a tool for improving the fit of the model equations to the data and with it the prognostic performance of a model, at least lastly. Referring to the...

The study addresses (i) the problem of non-additivity of some time series expressed in real terms that is one of the features of Germany’s new system of national accounts since 2005, and (ii) methods of the computation of quarterly data in econometric forecasting models under this condition....