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1 Increasing returns to scale at the firm-level: a ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-08.pdf19 Oct 2023: micro-data. Using a large panel of firms from the Brazilian manufacturing industry. ... regions. Fingleton (2000; 2001; 2003) extended the Verdoorn. literature to incorporate new elements from, for instance, urban economics, using spatial. -
THE MONETARY POLICY OF THE BANK OF ENGLAND
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf19 Oct 2023: 3. The Economics of UK Monetary Policy. The economics of the BoE’s IT are firmly embedded in equations (1) to (6) as shown. ... recorded in the post-second-world-war era. Yet another telling example is the. -
MODELLING THE HOUSING MARKET IN OECD COUNTRIES
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-13.pdf19 Oct 2023: impact of demographics and the external sector in order to generalise a nationwide. ... 7See Feroli et al. (2012) for a description of the transmission mechanism of monetary policy in the New Keynesian models. -
Innovation, export performance and trade elasticities across…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0419.pdf19 Oct 2023: to a devaluation of the local currency. Exchange rate devaluations improve the price. ... relevant determinant of export performance (e.g. Fagerberg, 1988; Greenhalgh et al., 1994;. -
Modern Monetary Circuit Theory, Stability of Interconnected Banking…
https://api.newton.ac.uk/website/v0/events/preprints/NI150633. Economics is the science of confusing stocks with flows. In our opinion, the functioning of the economy and the role of money isbest described by the Monetary Circuit Theory (MCT), ... Here and above we looked at the classical LVGEs and KEs and -
Financial Liberalization and Long Term Economic Development
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp245.pdf9 Jul 2023: The post-Keynesian economists (see for example Davidson, 2001), take a more radical stance. ... The Keynesian and the post-Keynesian emphasis is on inherent uncertainty about the future, on speculation and the macro-economic co-ordination failures at -
C-EENRG Working Papers, 2015-4. Pollitt and Mercure
https://www.ceenrg.landecon.cam.ac.uk/system/files/documents/wp04.pdf13. 2.3. Money and finance in post-Keynesian economics. 13. 2.4. Money and finance in the post-Schumpeterian (evolutionary) school.15. ... 2.3. Money and finance in post-Keynesian economics. Money plays a central role in post-Keynesian economics – as -
C-EENRG Working Papers, 2015-2. Mercure et al.
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp02.pdf19 Oct 2023: This isnot a new theoretical approach. In point of fact, it is at the roots of both Schumpeterian(Schumpeter, 1934, 1939) and Keynesian (Keynes, 1936) forms of demand-led economics. ... Apost-Schumpeterian or post-Keynesian perspective also allows for -
WP 419 Paper
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp419.pdf9 Jul 2023: and. Ajit Singh Emeritus Professor of Economics, University of Cambridge. Life Fellow Queens College Cambridge Tun Ismail Ali Chair, University of Malaya. ... The simulations are constructed with the Cambridge-Alphametrics model (CAM), which is a -
WP 434 WP Sue Konzelmann
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp434.pdf9 Jul 2023: As capitalism evolved, so did ideas and theories about the economics of austerity. ... Key dimensions of the post 2007/8 financial crisis debate about austerity economics are explored in Section six.
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