Inflation distortion of the external accountsEmerald - Tập 22 Số 1 - Trang 58-65 - 1995
TonyMakin
Examines the effect of domestic inflation on recorded measures of the current
account of the balance of payments. When domestic inflation is relatively high,
it distorts conventionally measured current account deficits. This is because
part of the recorded servicing payments on external liabilities are actually
capital repayments and hence should be shown on the capital account. Presents
estimates... hiện toàn bộ
A new hypothesis on the demand for money: the “accounting” motive and banks' costs[1]Emerald - - 2004
Presents a paper written by Lauchlin Currie in November 1992 in which he
identifies and defends the concepts of money and the demand for it. The paper
argues that the heavy cost of maintaining checking accounts is not reasonably
explained by the conventional listing of motivations, especially in the case of
large deposits. A new hypothesis is given on the demand for money. The paper
concludes that... hiện toàn bộ
The evolution and goals of lending to developing countries by the Bank for International SettlementsEmerald - Tập 22 Số 6 - Trang 69-80 - 1995
Kristin K.Howell
Examines the evolution of the role of the Bank for International Settlements
(BIS), created in 1930 to promote co‐operation between central banks, into the
arena of the Third World debt problem. The bank has extended loans to developing
countries, such as Mexico, Argentina, Nigeria and Brazil since 1982. It arranges
these extremely short‐term credits as “bridge loans”, while longer term,
condition... hiện toàn bộ
The role of structural change in labour productivity convergence among European Union countries: 1970‐1990Emerald - Tập 26 Số 2 - Trang 106-122 - 1999
EleanorDoyle, EoinO’Leary
New evidence is presented on the degree of aggregate and sectoral labour
productivity convergence among 11 EU countries between 1970 and 1990. As with
studies for other groups of countries, it is found that there is a greater
degree of aggregate than sectoral convergence. Aggregate productivity converged
at 0.9 percent per annum, with agriculture and manufacturing both diverging and
only services ... hiện toàn bộ
Force fields, hysteresis and economic equilibriaEmerald - Tập 24 Số 4 - Trang 257-266 - 1997
RodCross
Looks at the relevance to economic systems of force field equilibrium metaphors.
Points out that the force field view of physical reality developed in nineteenth
century physics does not necessarily involve homeostasis and reversible time
paths. Illustrates the properties of force fields with hysteresis, providing a
counter example. Discusses precedents for viewing economic systems as having
equil... hiện toàn bộ
Tax evasion and financial repression: a reconsideration using endogenous growth modelsEmerald - Tập 36 Số 6 - Trang 660-674 - 2009
RanganGupta, EmmanuelZiramba
PurposeThis paper aims at developing a theoretical model of a world economy
characterized by tax evasion. It seeks to analyze whether financial repression
can be explained by tax evasion.Design/methodology/approachThe analysis is
performed in overlapping generations dynamic general equilibrium endogenous
monetary growth models.FindingsThe paper shows that higher degree of tax evasion
within a coun... hiện toàn bộ
Banking on experiments?Emerald - Tập 42 Số 6 - Trang 943-971 - 2015
Martin Dufwenberg
Purpose– How can laboratory experiments help us understand banking crises,
including the usefulness of various policy responses? After giving a concise
introduction to the field of experimental economics more generally, the author
attempts to provide answers. The paper aims to discuss this
issue.Design/methodology/approach– The author discusses methodology and surveys
relevant work.Findings– Histo... hiện toàn bộ
Unit Root in the Wage‐Price Spiral Is Not Hysteresis in UnemploymentEmerald - Tập 20 Số 1/2 - 1993
BrunoAmable, JérômeHenry, FrédéricLordon, RichardTopol
Hysteresis is one of the main concepts used in Layard, Nickell and Jackman′s
book, Unemployment: Macroeconomic Performance and the Labour Market. Attempts to
clarify the concept of hysteresis, from its formal representation to its
empirical applications. Emphasizes the idea that hysteresis refers back to a
given set of formal properties, independently of the phenomenologies within
which it is liab... hiện toàn bộ