Monetary Economics - Science topic

Influence of monetary policy is ordinarily studied within Hicksian model. This, nonetheless, tolerates only the comparison of positions of static equilibrium making model inapt to analyse the path of an economy that is out of equilibrium. In a complex, dynamic economy experiencing incessant structural transformation with technical and institutional...

The research aims to clarify the response of the GDP to the M1 shock. It includes access to the results using standard methods, where the standard model was built according to quarterly data using the program STATA 17. According to the joint integration model ARDL, the research found a long-term equilibrium positive for the relationship between GDP...

The Bank Indonesia Sharia Certificate (SBIS) is one of the sharia monetary instruments used by Bank Indonesia in formulating monetary policy. The development of SBIS is related to several factors: inflation growth, the economy, and the development of the gross domestic product. This study aims to determine how to implement the Bank Indonesia Sharia...

Previous studies mostly measured sharia financial inclusion using an index consisting of three dimensions: accessibility, availability, and usage. This research develops it by adding a digitalization dimension so that there are 4 dimensions in measuring sharia financial inclusion in Indonesia using an index. The first objective of this study is to...

The Covid-19 pandemic has changed economic conditions in various countries, including Indonesia. One of the sectors affected is the capital market sector which can also describe the economic condition of a country through the stock index. This article aimed to analyze the impact of Covid-19 and the macroeconomics on the Islamic stock index in Indon...

El concepto de economía moral sentó sus raíces en "La formación de la clase obrera en Inglaterra” y, posteriormente, dio sus frutos en “Costumbres en común”. Thompson la entiende como un tipo particular de economía, la economía moral de la multitud, que se contrapone a la economía de mercado, defendida por autores como Adam Smith y su famosa “Rique...

Economic growth is emphasized as a requisite underpinning not only for improving citizens' income and the standard of living but also to attain equitable distribution of essential goods and services. While the political economy and democratic elections shape the policies, budget, and distributive outcomes, however, the impact of the financial marke...

In the face of the growing digital economy of Ghana, the Ghana revenue authority as part of its goal to increase domestic revenue mobilization has introduced an online tax system. The objective of the study is to determine the determinants of taxpayers’ perception of the fairness of the tax system and the determinants of their tax compliance. Data...

From the perspective of historical review, the methodology of economics develops from qualitative to quantitative, from a small sampling of data to a vast amount of data. Because of the superiority in learning inherent law and representative level, deep learning models assist in realizing intelligent decision-making in economics. After presenting s...

Objetivo/Contexto: En esta entrevista planteo un recorrido por la trayectoria intelectual de Jairus Banaji. Esta se enfoca en distintos aspectos que comprenden el estudio de la historia del capitalismo desde una perspectiva marxista, ahondando en la expansión de la economía monetaria en el Imperio romano tardío, el dinamismo económico del mundo isl...

The notion of multi-functional kind is introduced to explain how social scientists may be able to draw inferences across historically unrelated societies or cultures. Multi-functional kinds are neither eternal nor purely historical, support non-trivial inductive generalisations, and allow to overcome scepticism about the inductive potential of mult...

Babasaheb Dr. Bhimrao Ramji Ambedkar, a great Humanitarian and an Intellectual personality, who has inculcated Liberty, Equality and Fraternity as his first and foremost motto of life. Every citizen of India known him a Father of Indian Constitution and the Representative of Depressed class of the Society, but he was also, an Economist, a Sociologi...

La historia del mercadeo se remonta a los tiempos antiguos, donde los comerciantes intercambiaban productos entre diferentes civilizaciones. En la edad antigua y en la edad media, el comercio era una actividad importante que permitía la expansión de culturas y la consolidación de sociedades. En este período, predominaba el trueque como forma de int...

This study aimed to investigate the impact of Sharia Supervisory Board (SSB) on Islamic Social Responsibility (ISR) by Islamic Commercial Banks in Indonesia. Secondary data were collected from the annual reports of 14 Islamic Commercial Banks in Indonesia from 2010 to 2020, resulting in 125 firm-year data. A panel data regression was applied to ana...

This study aimed to determine the factors that influence the level of income inequality in member countries of the Organization of Islamic Cooperation (OC). The research period used was from 2012 to 2021, using the System Generalized Method of Moment (GMM) analysis tool. The variables used consist of the Gini ratio (proxy of income inequality), eco...

RESUMO Concentramos nossa atenção no fato de que, em um mundo incerto, as expectativas desempenham um papel importante quando são tomadas decisões sobre produção e investimento. Apesar de lidar com problemas diferentes, as decisões sobre produção e investimento estão inter-relacionadas porque, uma vez explicitamente considerada, as decisões de long...

The coexistence of fiat money (cash) and digital monies constitutes a system of parallel currencies as media of exchange. This paper asks whether a new (digital) currency is essential: Does a new currency allow for a better resource allocation even if a fully accepted currency is in circulation and remains in circulation? Using the dual currency se...

Article information Article history:The research aims to study and measure the impact of macro policies (monetary and financial) on the agricultural sector and economic growth in some Arab countries, namely (Saudi Arabia and Jordan), with special reference to Iraq. The research relied on the descriptive approach with quantitative analysis using the...

Économie monétaire et marchés des capitaux

Well-intended and richly argued as Salin’s proposal for reconciliation between the Austrian School and Chicago School is, it eschews a discussion of one aspect of the two schools that is also relevant to their respective monetary views; namely, their analytical method. This short comment aims to clarify why the specific praxeological approach of th...

To what extent is there complementarity or agreement between Austrian economics and the Chicago school on monetary issues? Both Austrians and Chicagoans would agree that monetary expansion has real effects in the short run, though they emphasize different variables. In the long run, Austrians argue that there is a lasting real effect of monetary ex...

In this original work, Irving S. Friedman, well-known author of ‘Inflation, a Worldwide Disaster’, tells us that today’s inflation is not only a phenomenon seen in the USA, it is, instead, an international pandemic which leads to a series of universal economic and social changes. In 1973, I was impatiently counting the days before I reach to the Un...

La teoría del circuito monetario se desarrolla a partir del sistema capitalista. Nace a partir de una economía monetaria de la producción donde el dinero es una creación del Estado. Los banco crean dinero para satisfacer las necesidades del empresario y el capitalista en el circuito de la producción. Al gastarse ese dinero regresa y se destruye al...

The present paper aims to examine the impact of Goods and Service Tax (GST) using Vector Autoregressive (VAR) model on the Indian Economy. GST Registrations and Tax Revenue [Central Goods and Service Tax, State Goods and Service Tax, Integrated Goods and Service Tax and Cess] are taken as exogenous variables to see their impact on Gross Domestic Pr...

Resumo: Na Teoria Geral do Emprego, do Juro e da Moeda (1936), Keynes identificou dois principais problemas de uma economia monetária de produção: a dificuldade de alcançar o pleno emprego segundo a concepção clássica de sua época e a extrema desigualdade de distribuição da renda e da riqueza. Ao longo dos anos 1930, ele desenvolveu propostas de po...

Este artículo hace un análisis teorético e histórico de la inflación en las economías monetarias de producción desde la Segunda Guerra mundial. Muestra que las interpretaciones “keynesianas” del trade off de la curva de Phillips y las monetaristas de las “expectativas inflacionarias” y la tasa natural de desempleo no establecieron la relación causa...

Resumo O objetivo deste artigo é realizar uma aplicação da metodologia de Programas de Pesquisa Científica de Lakatos ao programa de pesquisa keynesiano. O artigo inicia com uma breve discursão sobre os principais autores da filosofia da ciência e em seguida expõe o falseacionismo metodológico de Lakatos. A teoria clássica foi predominante na ciênc...

ABSTRAK Tujuan utama dari makalah ini untuk menguji secara empiris pengaruh zakat, Produk Domestik Regional Bruto (PDRB) perkapita, Upah Minimum Regional/Provinsi (UMP), dan inflasi terhadap tingkat gini rasio di 34 provinsi di Indonesia selama tahun 2018-2020. Temuan penelitian ini menunjukkan bahwa distribusi zakat yang diproksikan dengan Indeks...

ABSTRAK Strategi penghimpunan shadaqah di era modern harus menyesuaikan dengan kemajuan teknologi dan preferensi generasi milenial. Kitabisa.com merupakan platform donasi berbasis online yang terus mengalami pertumbuhan pengumpulan donasi dan banyak digunakan masyarakat muslim milenial. Tujuan dari penelitian ini adalah untuk menganalisis faktor-fa...

This study evaluated the effectiveness of the reverse repurchase (RRP) rate as the main monetary policy instrument of the Bangko Sentral ng Pilipinas in affecting selected monetary policy indicators, particularly output gap, inflation, and nominal exchange rate, through a modified New Keynesian monetary policy model using vector autoregression (VAR...

ABSTRAK Penurunan profit bisnis kecil akibat implikasi ekonomi pasca pandemi COVID-19. Persoalan struktur permodalan menjadi kendala dalam mempertahankan dan meningkatkan usahanya secara terus menerus seiring kerubahan zaman. Koperasi Syariah sebagai salah satu lembaga keuangan Islam yang keislaman lebih dekat secara eksistensi maupun teritorial de...

O artigo busca compreender os mecanismos de transmissão da política monetária e se resultam nos efeitos desejados. Definimos e detalhamos os mecanismos de transmissão da política monetária. Mostramos mudanças recentes no conhecimento sobre economia monetária. Salientamos que Bancos Centrais (BC) modernos determinam juros como mecanismo fundamental...

This paper proposes a framework for examining the interaction between stock market volatilities and economic uncertainty shocks, aiming to understand better the influence of economic uncertainty shocks on the Chinese stock market. The major empirical results include the followings. First, the economic policy uncertainty shocks push the Chinese stoc...

This study aimed to analyze researches conducted on business cycles in international literature in terms of bibliometric characteristics. The works, including articles, books, book chapters, etc., published in Web of Science, one significant bibliographic database of international literature, were examined in study. On 1 March 2021, 601 open-access...

In Chapter 1, we make a thorough analysis of the unique dollarization case of Lebanon in the years between 1997 and 2017: a heavily dollarized economy with recurring public deficits and monetary financing of the public debt, together with a contained inflation and a de facto fixed exchange rate lasting for more than 20 years. What makes Lebanon's c...

Recently, some authors have found derivations and applications of the golden ratio in the economics science. Based on previous models of Financial Gravity (FG) and generalizing them, this paper proposes the maximization of pure flows after charges as a way for applying the golden ratio in the sales-costs of production ratio in competitive equilibri...

Aaron Director taught at the University of Chicago from 1930 to 1934 and from 1946 to 1965. Both periods corresponded to crucial stages in the development of Chicago monetary economics under the leaderships of Henry Simons and Milton Friedman, respectively. Any impact that Director may have had in the development of those stages and on the relation...

ABSTRAKPerbankan Syariah di Indonesia memiliki perkembangan yang pesat dan signifikan selama 10 tahun terakhir. Hal tersebut diindikasi dengan meningkatnya dana pihak ketiga, penyerapan tenaga kerja di bidang perbankan syariah, serta kontribusi perbankan syariah terhadap produk nasional bruto pada lapangan usaha jasa perbankan. Berbagai indikator m...

Public Health Systems (PHS) are in constant evolution. Research in the field must be continuously updated considering the direction of these changes. The present stage of capitalism is underpinned by the process of financialisation – the expansion of the financial sector in size, scale, and power. Although the process of financialisation is reshapi...

The article discusses the tangible fringe benefits of college education that should have favorable effects to the American economy thereby the loan right off by Biden government should be explained and understood beyond the basic monetary economics.

ABSTRAK Tujuan penelitian ini dilakukan adalah untuk mengidentifikasi dan menganalisis determinan risiko likuiditas pada bank syariah dan konvensional yang beroperasi di Indonesia sebelum dan selama pandemi COVID-19. Penelitian ini adalah penelitian kuantitatif dengan menggunakan data panel untuk mengkaji hubungan antara risiko likuiditas dengan fa...

In the era of the digital revolution, the use of technology has made technology a major demand, coupled with the development of insight and techniques, technology in this era has been widely used in all scientific fields. In the field of monetary economics, there are payment instruments that can be used to transact both in the form of goods and ser...

Estimating the human influence on extreme weather and climate events and their downstream impacts is relevant to many pertinent discussions around climate change, including potential legal claims of loss and damages and calculations of the social cost of carbon. Recently, a prominent method for doing this has emerged, referred to as the Attributabl...

Public spending represents the government's financial leverage and has a significant impact on real and monetary economic variables, and one of these effects is the effect of public spending on the exchange rate as an important monetary variable for monetary policy, As we know that public spending in Iraq is financed from oil revenues sold in US do...

The common practice in monetary economics is to linearize a model around its deterministic equilibrium. In this paper, we show analytically that when central banks stabilize both output and inflation, a standard dynamic New Keynesian model has three deterministic equilibria under a realistic parameterization. One is associated with targeted inflati...

The article emphasizes the urgency of considering the development of methods of analyzing financial security at the level of sectoral economic system. The aim of the article is to develop a logical-structural model for analyzing the financial security of priority sectors of the national economy. The structural and functional components of financial...

Abstract: This paper presents a synthesis of the relation between the monoculture advancement and new diseases emergence. It also demonstrates the linking between the option for monoculture and the advance of finance on rural areas. On the national background, the work shows the financialization forms in Brazilian rural areas from joint stock compa...

The present article employs balance of payment constrained growth model (BPCG) to investigate the relevance of exports, capital movements as well as relative prices on growth performance of the United Kingdom from 1970 to 2018. It makes use of autoregressive distributed lag model (ARDL) for the analysis. It was found that the innovative BPCG model...

Macro-finance asset pricing models provide a rationale for connectedness dynamics between equity and Treasury risk-neutral volatilities. In this paper, we study the total and directional connectedness, in the sense of spillover effects, between risk-neutral volatilities from the equity and Treasury markets. In addition, we analyze the economic and...

Recently, some authors have found derivations and applications of the golden ratio in the economics science. Based on previous models of Financial Gravity (FG) and generalizing them, this paper proposes the maximization of pure flows after charges as a way for applying the golden ratio in the sales-costs of production ratio in competitive equilibri...

Objetivo: Este artigo procura conhecer as principais dimensões da percepção dos consumidores Millennials sobre os benefícios derivados da promoção de vendas e a influência do boca-a-boca na intenção de compra.Design/metodologia/abordagem: Uma amostra de conveniência de 564 Millennials de 24 nacionalidades diferentes respondeu a um questionário sobr...

ABSTRAK Penelitian ini bertujuan untuk menguji spillover effect indeks saham syariah Amerika Serikat dan Cina terhadap indeks saham syariah ASEAN dengan menggunakan metode Nonlinier Autoregressive Distributed Lag (NARDL) untuk menemukan spillover effect yang bersifat asimetris selama pandemi Covid-19. Data yang diamati dimulai pada 1 Januari 2020 s...

ABSTRAK Kemisikinan merupakan suatu permasalahan yang harus ditemukan cara mengentaskannya. Islam agama yang sempurna telah memberikan solusi melalui instrument zakat, infak, dan sedekah. Tujuan dari penelitian ini adalah untuk menilai dampak zakat, infak, sedekah di LAZNAS LMI (Lembaga Manajemen Infaq) dengan Pendekatan CIBEST. Metode penelitian y...

The Nilgai antelope is a large bovid free-ranching in 17 Indian states and 31 districts of Bihar, India. It is endemic to the Indian subcontinent and while there are major populations in northern India. The government of many Indian states have declared this mammal (Nilgai) as vermin due to damage of crops and ordered to kill them in favour of farm...

Vector autoregressions (VARs) and their multiple variants are standard models in economic and financial research due to their power for forecasting, data analysis and inference. These properties are a consequence of their capabilities to include multiple variables and lags which, however, turns into an exponential growth of the parameters to be est...

Like different aspects of Economics identified as Monetary Economics, Fiscal Economics, Development Economics and Welfare Economics, Spiritual Economics should be considered as a mainstream source of knowledge in Economic Sciences explaining economic, social and political behavior among countries. The brief case study focuses on ‘Namaz’ as a signif...

This review paper is emphasized on COVID-19 and macro-economy like GDP, unemployment, inflation and macro-economic policy in Ethiopia. The COVID-19 pandemic represents an unprecedented global crisis. Even if the spread of COVID-19 is suppressed in Africa, its economic damage will be unavoidable. In spite of the fact that COVID-19 was less expanded...

The COVID-19 induced lockdown in India was an inflection point for on-boarding of new users into digital payments. Using a large survey dataset, we examine the driving factors of this shift for those who used digital payments for the first time. Apart from demographic drivers of payment choice traditionally explored in the literature, we find that...

In his article, Professor Salin focuses on two main aspects of monetary economics: first, the neutrality and stability of money, and, second, the balance of payments. Professor Salin rightly points out that monetarists in some sense follow a more pragmatic approach by trying to formulate an optimal monetary policy rule, given the current monetary s...

ABSTRAKPangsa pasar perbankan Syariah di Indonesia masih rendah. Penelitian ini bertujuan untuk mengetahui pengaruh variabel pengetahuan, motivasi, dan marketing terhadap keengganan minat UMKM di sekitar wisata religi di Madura untuk mempunyai produk pembiayaan di bank syariah. Jenis data pada penelitian merupakan data primer yang didapatkan melalu...

ABSTRAKTujuan dari Penelitian ini adalah menguji pengaruh kepercayaan dan citra website yang diintegrasikan dengan persepsi kemudahan penggunaan dan persepsi kebermanfaatan pada niatan seorang mahasiswa dalam membayar wakaf secara online, yang menjadikan penelitian ini berbeda dengan penelitian sebelumnya adalah penggunaan citra website sebagai det...

Cet article aborde la manière dont l’économie islamique peut apporter des remèdes aux crises environnementales et financières. La première partie de l’article traite de la question des crises environnementales et financières (1). Les crises environnementales sont analysées à travers les questions du réchauffement climatique, de la déforestation et...

International Economics: Theory, Policy and Finance Rajesh Pal Himalaya Publishing House, Mumbai ISBN 978-93-5495-213-5 Student Price: Rs.998 Book Edition: First Year of Publication: 2022 No. of Pages: 712 Website Link - https://www.himpub.com/BookDetail.aspx?BookId=8659. Amazon Link - https://www.amazon.in/dp/9354952135?ref=myi_title_dp Intern...

In this research, we show that variables from the Global Database of Events, Language and Tone (GDELT) convey significant informational content that can improve on a purely macroeconomic approach when modeling the US equity market. Based on these metrics, we construct time-series that represent and measure how some narratives that appear to be batt...

This article provides an estimation method to decompose monetary policy innovations into persistent and transitory components using the nonlinear Taylor rule proposed in Andolfatto, Hendry, and Moran (2008) [Are inflation expectations rational? Journal of Monetary Economics , 55 , 406–422]. To use the Kalman filter as the optimal signal extraction...

The aim of this article is to outline the history of the scientific journal Gospodarka Narodowa, which from 1946 to 1989 operated under the name Gospodarka Planowa. The study pays particular attention to the subject matter of the articles published in the journal, the organisation of editorial work and the people associated with the journal. For th...

The research is aim to analyze the effect of the zakat instrument on poverty and unemployment and test the zakat instrument as an alternative solution to the economic impact of the middle to lower class post-pandemic community. It uses least square regression as the method of analysis. Where the method is in line with the research objectives that i...

Este texto apresenta a concepção e o desenvolvimento de uma atividade de extensão realizada por alunos de Ciências Econômicas da UFRRJ no colégio técnico dessa Universidade, sem fins lucrativos, para atender alunos do ensino médio e ensino médio técnico. Entre os anos de 2018 e 2019, professores e discentes do curso desenvolveram um projeto de exte...

MELATI WIDIANTIKA, 2021; The Effect of Return Perception, Motivation, Financial Literacy and Income on Investment Interest of Bachelor Degree Students, Class of 2016 and 2017 at State University of Jakarta, 2021. The purpose of this study was to determine the effect of financial literacy, motivation, return perception, and income on investment inte...

ABSTRAKPengukuran kesejahteraan menurut perspektif Islam tidak hanya pada sisi harta atau material. Namun juga sisi spiritual. Hal tersebut akan diterapkan pada mustahik penerima zakat produktif dalam penelitian ini. Penelitian ini bertujuan untuk menganalisis dampak program zakat produktif dari BAZNAS Microfinance Desa Sawojajar terhadap kesejahte...

Este artigo tem como objetivo mostrar a história das ideias de Keynes sobre moeda. Neste particular, dedica-se exclusivamente a resgatar a obra do autor, um debate intestino a Keynes, afim de analisar a evolução do pensamento dele acerca da importância da moeda no sistema econômico. A contribuição do artigo reside em oferecer, de forma condensada à...

The purpose of this article is to analyze how effective the Islamic monetary policy system is in maintaining or improving the performance of the real sector. And how Islamic monetary economic policy is able to maintain stability between the real sector and the monetary sector compared to the implementation of conventional monetary economic policy....

We present a new theory for the conduct of nonparametric inference about the latent spot volatility of a semimartingale asset price process. In contrast to existing theories based on the asymptotic notion of an increasing number of observations in local estimation blocks, our theory treats the estimation block size k as fixed. While the resulting s...

Reverse causality is a common causal misperception that distorts the evaluation of private actions and public policies. This paper explores the implications of this error when a decision maker acts on it and therefore affects the very statistical regularities from which he draws faulty inferences. Using a quadratic-normal parameterization and apply...

La Modern Monetary Theory (MMT ou Théorie monétaire moderne par la suite) (Mitchell et al., 2019; Wray, 2012) vient renouveler les analyses portant sur le rapport entre l’État et la monnaie. Selon cette approche, la monnaie est une créature de l’État. Ce dernier possède en effet la capacité de prélever l’impôt sur son territoire. Les agents s’y tro...

It may be observed from the existing monetary economics literature that none of the previous papers that examine the degree to which inflation expectations are anchored in Turkey takes structural breaks into account. However, it is widely accepted that an economy is likely to be exposed to some considerable events/structural breaks. Hence, the prev...

En la economía monetaria se ha generado una gran gama de productos y servicios financieros cuyo conocimiento es cada vez más necesario. Este trabajo busca analizar la situación del alfabetismo económico y la caracterización de los hábitos de consumo y endeudamiento de familias vulnerables de la ciudad de Barranquilla, Colombia. Para eso se realizó...

We provide an alternative to Bayesian updating in cheap-talk games, whichdoes not require the receiver know the sender’s type distribution. This is done throughan anecdotal application, in which a fisherman reports to his friends the size of a fish hecaught in the city’s lake. Our findings show that the fisherman will always report a sizehigher tha...

Tomando como base a experiência docente e de pesquisador do professor com a macro pós-keynesiana, o curso tem como objetivo prover uma base teórica sólida sobre a macroeconomia PK, tendo como ponto de partida o conceito de incerteza não-probabilistica, de economia monetária da produção, o principio da demanda efetiva, o circuito finance-funding e a...

The Barnett critique states that there is an internal inconsistency between the theory that is implied by simple sum monetary aggregation (perfect substitutability among components) and the economic theory that produces the models within which those aggregates are used. That inconsistency causes the appearance of unstable demand and supply for mone...

Objetivo e escopo O curso se insere no campo da macroeconomia e visa promover o desenvolvimento de competências para a utilização da abordagem stock-flow consistent (SFC). Essa abordagem parte dos princípios da contabili-dade e permite uma análise integrada das relações reais e financeiras dos diferentes setores institucionais na economia. Ao lon...

EVALUATION OF THE EFFECTIVENESS OF MONETARY POLICIES BASED ON ECONOMIC APPROACH Monetary policy is policies implemented to achieve monetary targets set by monetary authorities. In other words, it is the process of bringing the macroeconomic variables of the countries to the desired levels. The basic criterion in ensuring the effectiveness of mone...

For decades, the monetary economics literature has considered multiple deposit expansion via the money multiplier as empirically corroborated. However, the de- velopments witnessed in advanced economies since the Global Financial Crisis chal- lenged this settled view. We revisit the issue empirically, but also within a nar- rative context of the ev...

Recent debates in monetary theory have centered on so-called free banking and the role of banks in providing money in the form of fiduciary media in a pure market economy. This paper examines how and to what extent fiduciary media can emerge in a pure market economy. Based on the theory of value, it is argued that those economists are mistaken who...

The importance of demand for money has become a prominent research topic in monetary economics due to its role in monetary policy formulation. This paper investigates empirically the determinants of money demand function in Sri Lanka over the period 1977-2019. This study estimates both short run and long run money demand function using monetary agg...

In the current pandemic context, with a significant impact on the business environment, global economies and financial affairs, it is imperative for the scientific environment to pay a special attention, to analyze and possibly to re-evaluate conclusions that define the integration of financial markets. During this period, the involvement of the Eu...

¿Qué impacto ha tenido el uso del lenguaje texting en la comprensión lectora? Las conclusiones obtenidas permitieron ver los impactos: Internacional: esta investigación en la primera en español, el lenguaje texting es un sub lenguaje adoptado de las prácticas de escritura en las redes sociales en el habla inglesa, en un principio por economía monet...

This paper shows that so-called modern monetary theory (MMT) lacks a sound economic foundation for its far-reaching policy recommendations. This paper's main contribution to the literature concerns the theoretical foundation of MMT. A simple macroeconomic model shows that MMT is indistinguishable from the Keynesian cross model, as well as a neoclas...

The influence of western economics on China is very far-reaching. Some Chinese economists are also advocating the priority of western economic culture. From the scope of monetary theory, as the leading western monetary economics thought, the introduction of monetary quantity theory has laid a good foundation for China’s monetary economy. From the c...

O presente artigo pretende discutir os significados do termo “geral” utilizado por John Maynard Keynes na sua Magnum opus, intitulada: The General Theory of Employment, Interest and Money, também conhecida como “Teoria Geral” (TG). A diversidade dos conceitos usados na exposição, e o novo método de aborda‑ gem dos problemas da vida real no âmbito e...

The challenges facing the Islamic banking and finance industry include, inter alia, resolving the issue of ‘form over substance’, adopting value-based social and ethical finance, and reinforcing public confidence that its business and services conform to the principles of Shari’ah in both letter and spirit. These challenges can be faced only if Isl...

The paper presents a simple Stock-Flow Consistent open economy model with flexible exchange rates. It can reproduce the same dynamics and results of the flexible exchange rates ‘benchmark’ model by Godley and Lavoie [2007b. Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth. London, UK: Palgrave MacMillan]. T...

Objetivo: Analisar a importância do sistema financeiro, bancos e crédito para a dinâmica de economias monetárias, trabalhando em três dimensões: teórica, macro-institucional e experiência mundial e do Brasil. A abordagem teórica adotada é pós-keynesiana, em boa medida inspirada em Keynes e Minsky e em parte desenvolvida em artigos e livros escritos...