It uses these in a Walrasian general equilibrium model to determine the relative and absolute prices of goods and examines their properties. In particular, it addresses rigorously the controversial and important questions of the neutrality and super-neutrality of money. While the analysis of this ...
What are the characteristics of money in economics? How does culture influence domestic marketing? What is the major difference between social responsibility and marketing ethics? What are the four cognitive stages that political criminals share?
Globalization is a multidimensional phenomenon that encompasses not only economic components but also cultural, ideological, political and similar other facets (Prasad and Prasad, 2006). Consequently, globalization has been addressed from the points of view of economics, social sciences, politi...
1. The private banking system and the GSEs both played a major role in causing too much housing to be built in the mid-2000s. The errors of the private banking system were due to both misjudgment (they did lose money after all) and bad incentives (moral hazard due to various government...
Money previously looked at what different supermarkets pay their staff - with Aldi and Lidl coming out on top. In January, Sainsbury's announced rises which took it near the top of the pile (£13.70 in London and from £12 to £12.45 elsewhere) ...
The paper uses a small analytical two-region model (the Mundell-Dornbusch model, as first adapted by Marcus Miller), consisting of the United States and the rest of the industrial world, to analyze three issues concerning international economic interdependence and macroeconomic policy coordination. Fir...
The more money people have, the more they spend. But to spend money you must make money, which is why employment and growth in employment are so important. Moreover, people need jobs not only so they can take care of their needs, but also to occupy themselves productively. High unemploy...
After singing the national song, some young men led us to sing“Ode to the Motherland”.In the end, we raised a lot of money for the earthquake survivors(幸存者). The activity makes me realize we should ___ people to serve for others. If we get ___, we can overcome all the diffi...
While money has been increasingly flowing into impact investing, these flows still represent only a fraction of the capital needed to solve problems such as hunger, poverty, and sex trafficking (Clark et al., 2015). Impact investing refers to “investing with an intention to generate positive, ...
Hayek, then teaching at Harvard and the London School of Economics, and one a German, Wilhelm T. Rpke, teaching at the Graduate Institute of International Studies at Geneva. All three attached the highest importance to freedom, an ideal temporarily abandoned by their countries....