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Towards a Political-Economic Theory of Domestic Debt
Political-Economic Theory Domestic Debt
2015/9/18
There is a large literature on why countries choose to issue debt rather than financing expenditures by current taxation. If Ricardian Equivalence holds and taxes are non-distortionary,then it doesn’t...
Using Consumer Theory to Test Competing Business Cycle Models
Consumers luxury goods goods utilization
2015/7/20
Consumer theory suggests that expenditures on luxuries and dura-bles should be more cyclical than expenditures on necessities and nondurables. Estimating luxuriousness and durability for 57 con-sumer ...
Developing the Guts of a GUT (Grand Unified Theory):Elite Commitment and Inclusive Growth
Elite Commitment Inclusive Growth Status and Position Rank and Position Economic Growth
2015/4/27
Two key unanswered questions in theories of growth are (a) why some countries successfully initiate episodes of rapid growth while others suffer extended stagnation and (b) why some countries are able...
The Architecture of Authoritarianism Southeast Asia and the Regeneration of Democratization Theory
The Architecture of Authoritarianism Southeast Asia the Regeneration Democratization Theory
2014/3/20
What can the study of democratization in Southeast Asia contribute to our knowledge of democratization more generally? This literature exhibits two noteworthy strengths. First, Southeast Asianists hav...
This paper presents a political economy theory of fiscal policy and unemployment. The underlying economic model is one in which unemployment can arisebut can be mitigated by tax cuts and public ...
The Association for Public Economic Theory (APET) is dedicated to the promotion of theoretical research in all areas of public finance and to the facilitation of communication amongst economists worki...
The Journal of Economic Theory publishes original articles in all fields of economic theory. JET is the leading journal in economic theory. It is also one of the core journals in all of economics. ...
International Journal of Game Theory is devoted to game theory and its applications. It publishes original research making significant contributions from a methodological, conceptual or mathematical p...
Econometric Theory is an international journal dedicated to advancing theoretical research in econometrics. The journal provides an authoritative, centralized, professional outlet for original contrib...
Discussion about enterprises harmony management pattern based on the basis of theory & analysis on enterprises harmony management model
Harmony Harmony management pattern Harmony management module
2009/8/13
With the approach of agricultural times, it gave birth to “first tidal wave” in management thoughts, which provided one method that changes earth resource to wealth. Industrial revolution promoted and...
Tyler Cowen on Austrian Business Cycle Theory: A Critique
Austrian Business Cycle Theory: Critique
2009/7/23
Cowen (1997) criticizes Austrian Business Cycle Theory (ABCT) on eight
grounds: 1. systematic errors; 2. inflation volatility; 3. confusion of inflation and savings;
4. confusion of inflation and in...
On the Theory of Needs
Theory Needs
2009/7/23
This text is Čuhel’s own summary of his book Zur Lehre von den Bedürfnissen
which was published in 1907 and has never appeared in English. His book has
been most frequently quoted in the follow...
This paper analyzes Rothbard’s welfare theory. It differs from other critiques
of the theory in that it does not analyze the context of the theory but only
its coherency and consistency with the res...
In this paper I show that Austrian trade cycle theory is fully consistent with
rational expectations. I also compare and contrast rational expectations with an alternative
theory of rationality and ...
SIGN4: The 4th Spain-Italy-Netherlands Meeting on Game Theory.