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The concept of "utility" is often used in ambiguous ways in economics, from having substantive psychological connotations to being a formal placeholder representing a person's preferences. In the accounts of the early utilitarians, it was a multidimensional measure that has been condensed during...
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Rez.: Der Begriff "Sozialismus" wird in dieser kurzen historischen Einführung sehr breit gefasst. So werden die Forderungen nach Gleichheit und Gerechtigkeit, wie sie die Weltreligionen und die Denkschulen der Antike und des Mittelalters stellen, in den Überblick einbezogen. Schwerpunkt des...
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In this paper we present a critical overview of differnt methods of constructing an equilibrium exchange rate. The … equilibrium exchange rate. Rather, we argue that the latter can only be recover from a model in which the real determinants of …, the internal-external balance approach to defining an equilibrium real exchange rate is disccused, and this method is …
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