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On the effectiveness of monetary policy and of fiscal policy
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp06-09.pdf19 Oct 2023: well enhance crowding-in. Also allowing for an endogenous response of the long-run. ... 15. policy and endogenous economic outcomes, it becomes difficult to judge whether they. -
Introducing Macroeconomic Modelling: An Econometric Study of the…
https://www.landecon.cam.ac.uk/sites/default/files/2023-04/arestis_p_-_list_of_publications.pdf19 Oct 2023: Howells),. Weltwirschaftliches Archiv, (June, 1995). "The Endogenous Money Stock: Empirical Observations From the UK" (with Iris Biefang-. ... Research, Vol. 74, No. 4, (July, 2006). “The Role and Nature of Monetary Policy When Money is Endogenous” -
On Accounting Identities and Aggregate Production Functions: A…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-09.pdf19 Oct 2023: paper. The widely used growth accounting approach, following Solow’s (1957). seminal work, as well as the recent developments in endogenous growth theory,. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-03_wp.pdf19 Oct 2023: is to recognize and solve potential endogenous problems. Various identification strategies are 313. ... strategies, different types of endogenous problems can be primarily solved and the consistency of 329. -
21 October 2006
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-09.pdf19 Oct 2023: All neoclassical. growth models, including the endogenous growth models, have an aggregate production function at. -
On Accounting Identities and Aggregate Production Functions: A…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-10.pdf19 Oct 2023: recent developments in endogenous growth theory, are grounded in the aggregate. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_21-02_bao.pdf19 Oct 2023: 5.2 Instrumental Variable Estimations As LGFV debt and land finance are under the control of local governments, our estimations may be biased by endogenous variables that are calculated based on ... To confirm our identification strategy, we regress both -
WP0105
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-05.pdf19 Oct 2023: capital’s ability to force governments to enact high unemployment policies. induced by the medium-run performance of the economy, thus becoming endogenous effects of economic performance. -
Long-Term Capital Management
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-12.pdf19 Oct 2023: practice, could be discovered.18. However, people’s attitudes, expectations and hence actions are endogenous; they are a. ... Moreover, given the above analysis, these were endogenous, not exogenous, contextual. -
Technical Progress Function WP 02-15
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf19 Oct 2023: same. Kaldor, in a manner that ironically anticipated the later neoclassical endogenous growth. ... Kaldor anticipated Arrow’s (1962) learning–by-doing model, induced technical change and. endogenous growth theory. -
Price or Quality? Economic Complexity and the Heterogenous Impacts ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp042020.pdf19 Oct 2023: studies argue that exchange rate is an endogenous variable, and hence it is not a simple task to. -
C-EENRG Working Papers, 2015-2. Mercure et al.
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp02.pdf19 Oct 2023: Apost-Schumpeterian or post-Keynesian perspective also allows for fluctuating amounts ofmoney in the economy, and indeed, this is what is observed (called endogenous money, asexplained by the Bank of England, -
Classifying Monetary Economics
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp10-09.pdf19 Oct 2023: controls perfectly the supply of money, versus models of endogenous money, where. ... thus studies endogenous tax instruments whose purpose is to redistribute across. -
New Consensus Macroeconomics: A Critical Appraisal
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-09.pdf19 Oct 2023: provides an endogenous spread between the money market rate in the central bank’s interest-rate rule and the rate of return in the representative agent utility function. -
Penasco Citation
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/ceenrg_wp_2021_06_penasco_kolesnikov_anadon.pdf19 Oct 2023: In many instances, models also do not account for dynamics of endogenous technological change, do not represent technology and knowledge spillovers to other sectors or assume that cost reductions happen over -
Capital Account Liberalization and Poverty: An Empirical Analysis
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-09.pdf19 Oct 2023: This test checks for the existence of first-order autocorrelation in. If the terms in equation (2) are serially correlated of order 1 then, for instance, is endogenous to the in -
CCEPPWP0805
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp08-05.pdf19 Oct 2023: Limits on rationality are likely to be profound if the world is mutable and economic reality reflects endogenous processes. -
MARX MEETS KALDOR:
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp02-18.pdf19 Oct 2023: process is endogenous to capital accumulation and economic growth. The analysis further implies. -
Romero_McCombie_2016c_2
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1602.pdf19 Oct 2023: 1. Thirlwall’s Law and the Specification of Export and Import Demand. Functions: An Investigation of the Impact of Relative Productivity. Growth on Trade Performance1. João P. Romero. Centro de Desenvolvimento e Planejamento Regional (CEDEPLAR), -
1 Current and Future Regulatory Role of the ECB ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0414.pdf19 Oct 2023: However, there is always the possibility that OCA contains an endogenous element in the sense of the EMU being more justifiable in the ex post sense.
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