Science topics: EconMonetary Economics
Science topic
Monetary Economics - Science topic
Monetary economics provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account. It considers how money, for example fiat currency, can gain acceptance purely because of its convenience as a public good.
Publications related to Monetary Economics (1,765)
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We have already established that the universe is not composed of geometric formulas for Adam but rather in terms of beyond reduction-ism vibration/sound. Of course one would assume that there is a universal cosmic mind that can manipulate this energy and create our incredibly complex world. I was in my late teens when I came up with the concept of...
In module I, we will discuss four chapters. The first chapter deals with the nature and functions of money. Here we will define what money is and we will also see how people shift from barter system to monetary economy. Moreover, we will discuss about the importance of money and its function for economic activity.
In the second chapter, we will dis...
Monetary economics is a branch of economics centred on money and monetary relationships in the economy.
It concentrates on the links between money on the one hand and prices (inflation), output (GDP), employment and so on on the other.
As such, it is macroeconomics in nature.
In sum, monetary economics investigates:
the relationship between real...
Monetary economics is a branch of economics which study about money and monetary relationship in the economy. It is concerned with the study of the relationship between the real economics variable at aggregate level such as real output, real interest rate, employment and real exchange and nominal variable such as inflation rate , nominal interest r...
This article examines the effects of monetary integration on the synchronization of the business cycle within ECOWAS (Economic Community of West African States) and contributes to the economic literature dealing with these aspects. First, the indicators of de facto and de jure central bank independence are considered to examine the role of central...
El Bienestar es posible El Bienestar es posible, es el título del nuevo libro del autor Pablo Rafael González, publicado en agosto 2024 en inglés y disponible en Amazon. Se trata de un ensayo en el que se plantea como hipótesis principal que el subempleo, es decir, el trabajo informal, sin ingreso fijo y sin las condiciones mínimas, como estabilida...
As inovações tecnológicas vinculadas à informação e as finanças nos últimos vinte anos estão transformando os objetos na nossa sociedade, modificando as ações e as formas com as quais as pessoas realizam suas atividades cotidianas, como consumir produtos corriqueiros e pagar pelos serviços básicos – energia, água, boletos, entre outros. Nesse senti...
This study investigates the causal relationships among money supply, foreign reserves, and bank credit in Iraq, a major oil-producing economy. Understanding these interconnected variables is crucial for effective monetary policy formulation and macroeconomic stability. this study employs the Toda-Yamamoto approach to Granger causality testing and q...
This study delves into the complex relationship between government sectorial expenditure and economic growth in Ethiopia from 1980 to 2021. Utilizing a modified endogenous growth model and the ARDL bound test model approach to co-integration, the research uncovers a long-run co-integrating relationship among the variables. The model encompasses nin...
This study investigates the intricate relationship between financial markets and monetary economics, aiming to analyze its dynamics and implications comprehensively. The research synthesizes theoretical frameworks encompassing monetarist, New Keynesian, and behavioral economics perspectives alongside empirical evidence on market reactions to moneta...
This paper delves into a fundamental analysis of two significant standards in budgetary financial matters: efficient market hypothesis and behavioral finance. The efficient market hypothesis posits that financial markets efficiently process all available information, leading market participants to make rational decisions. This theory underscores th...
Understanding the impact of money supply and inflation on Nepal's economic development is the main objective of the current study. This work aims to give empirical backing to the current debate over money supply, inflation, and the relationship between these factors and economic growth. More research has been done recently on the relationship betwe...
This study performs a bibliometric analysis of the literature on ethics in Islamic banking and finance (IBF) in the Scopus database. A total of 366 scholarly articles pertaining to the subject of ethics in IBF are analyzed using VOSviewer, Wordstats, Harzing’s Publish or Perish and Microsoft Excel. The development of the literature on ethics in IBF...
El dinero dice mucho de la humanidad, de nuestro modo de relacionarnos y de pensarnos. En una moneda podemos leer los anhelos y los miedos de una sociedad. Pero, ¿cuánto le debe nuestra cultura al materialismo económico? ¿Cómo se ha convertido en un elemento constituyente del sujeto moderno? ¿Y qué responsabilidad tienen los discursos que nos ofrec...
Purpose
This study aims to investigate the effect of CBDC issuance on economic growth rate and inflation rate in Nigeria. We are interested in determining whether the rate of economic growth and inflation changed significantly after the issuance of a non-interest bearing CBDC in Nigeria.
Design/methodology/approach
Two-stage least squares regressi...
Investors may find it challenging to invest due to economic fluctuations during COVID-19. This study aims to examine the relationship between economic fluctuations and the Indonesian sectoral stock market in the consumer goods sector (CGI), basic industrial and chemical sector (BIC), and miscellaneous industry (MSI), both before and during the COVI...
This book “Monetary Economics: A Concise Text” attempts to address the conceptual and theoretical issues relating to monetary economics. The topics treated in this text were carefully selected to ensure that students of economics and those in allied disciplines properly grasp the fundament concepts of monetary theory and monetary policy framework.
The change in the learning paradigm from traditional learning models to digital literacy-based case methods involves several changes in habits, which ultimately require each individual to adapt and complete all activities from time to time. Therefore, digital competence is important in the learning process. Using good reading skills can support suc...
This paper assesses the impact of pegging the CFA franc to the euro – at a fixed parity – on real GDP per capita in the West African Economic and Monetary Union (WAEMU) and the Central African Economic and Monetary Community (CAEMC) countries. Using a set of 35 annual country-level panel data from 1980 to 2019, we apply the 'bias-corrected’ synthet...
الخريطة الذهنية لمقياس الاقتصاد النقدي هي تمثيل مرئي يستخدم لتبسيط وتوضيح المفاهيم الأساسية للاقتصاد النقدي واهم المحاور الأساسية التي سيتم التطرق إليعا من خلال هذا المقياس ،كما تقدم شرحا مفصلا لطلبة العلوم الاقتصادية حول مقياس الاقتصاد النقدي والحجم الساعي لكل درس واهم العناصر المكونة له بالاضافة إلى تقديم معلومات حول الأستاذ وأهم المراجع المعتمدة...
The study was aimed at studying the effects of changes in the Statutory Reserve Ratio Requirement on commercial banks profitability in Zambia between 2007 to 2017. Time series data, namely, monthly data was used throughout the 11-year study. The study included data from all Zambian commercial banks operating from 2007 to 2017. The study used EViews...
Ce manuel d'économie monétaire et financière s’adresse en priorité aux étudiants en économie gestion et aux lecteurs soucieux de culture générale en monnaie, banque et finance. Il revient sur les diverses dimensions de monnaie, d'économie et de finance de marché qui se complètent et qui s’éclairent mutuellement. Sa contextualisation pour le cas Mar...
This study analyzes the effect of monetary policy, measured by interest rates and money supply, on financial markets. Furthermore, it studies the impact of a crisis on monetary policy’s influence on financial markets. The stock and the bond market are used to reflect financial markets. This quantitative study is based on daily data from Thailand be...
The objective of this research is to assess the effect of holding government securities on the credit channel, taking into account the heterogeneity of WAEMU banks’ balance sheets. The methodology adopted to achieve this objective is VAR panel modelling, proposed by Abrigo and Love. The generalized moment method was applied to a sample of 95 commer...
This article examines Karl Polanyi's and K. William Kapp's social cost proposals to test their suitability for a "revolutionary" Social Ecological Economics that radically breaks with neoclassical and neoliberal paradigms. Whilst some coherence is revealed in their revolutionary social cost analyses and solutions, this is much messier than previous...
Inflation expectations are critical in monetary economics. It could affect the policy outcome as economic agents’ responses to a monetary policy partially depend on the economic expectations. This systematic literature review discusses the impact of media on various aspects of inflation expectation, especially inflation forecasts and their errors,...
This chapter discusses John Maynard Keynes’s theory of output and employment, his monetary economics, the role of monetary and fiscal policies, his ideas on war finance and international economic architecture, and the idea of reforming capitalism by ending laissez faire. Keynes emphasized the role of aggregate demand in the short-term determination...
Chains that Bind Us introduces and unifies monetary economics, computer science, and engineering, providing a comprehensive view of blockchains. This book offers readers a captivating journey through the complexity and intricacies of the fascinating world of blockchain technology. The learning journey begins with economic foundations and progresses...
This article evaluates the present stage of a dream I once shared with
Francesco Luna. It was a dream of a new paradigm for macroeconomics
taking its starting point in the complexity vision. As PhD students at
UCLA in the early 1990s we took two classes together: Velupillai's class on
computable economics and Leijonhufvud's class on monetary econom...
This paper attempts to identify the monetary policy indicator that better explains the Sri Lankan monetary policy transmission mechanism. This study also estimates how shocks stemming from foreign monetary policy and/or oil price affect domestic macroeconomic variables. To that end; we use a seven variable structural VAR model by utilizing monthly...
A avaliação das expectativas e do comportamento futuro das taxas juros na economia está entre as principais áreas da economia monetária, e tem assumido protagonismo nos noticiários e pesquisas em todo o mundo. O Brasil adota o regime de metas de inflação, situação em que o Banco Central ajusta a taxa de juros nominal de curto prazo (a taxa Selic) c...
In modern monetary economics, the concepts of central bank independence and communication are crucial and contribute to the implementation of monetary policies. Various methods and indices have been developed to measure their impact on economic indicators and central bank performance. However, most studies have analyzed these separately, using indi...
The dynamic landscape of financial and monetary economics has witnessed an evolution marked by scholarly publications that delve into the intricate dynamics of financial systems, monetary policies, and their far-reaching implications. Employing bibliometric analysis, this study maps the trajectory of these fields by scrutinizing publication pattern...
Theoretically as practically, the greatest problem in the present, explicit or latent liberalism-discussion is precisely the far widespread attitude, to set the liberalism identical (sometimes in the form of the neoliberalism) to the so-called monetary economical sytem.
International trade has been a central focus of economics since the inception of the discipline. Despite everything we have learned about the benefits of free trade, the topic remains one of the most difficult for students to comprehend, especially in today’s climate, where trade policy has become so polarizing. This paper describes a simple, easy-...
In what precedes (especially in Sect. 2.2 ), one of the basic principles of monetary economics and monetary law has already been expressed, namely that money is socially engineerable.
This study intends to investigate public debt sustainability across 29 Sub-Sahara African (SSA) economies, employing various econometric specifications, for the sampled years 1996–2020. The study employs Bohn's (Are stationarity and cointegration restrictions really necessary for the intertemporal budget constraint? Journal of monetary Economics, 5...
The case of the financial scientist Karl Helfferich is one of the most spectacular «revolving door» incidents between academia, business and politics in the late Empire and early Weimar Republic. The historical judgement of Helfferich, however, is shaped by his polemical agitation against the so-called fulfilment policy after the First World War, a...
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...
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...
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...
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...
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...
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...
Making a better estimate of Inflation can enable us to make a better guesstimate about its economic repercussions. In modern monetary economics, the standard Phillips Curve model (PCM), the New Keynesian Phillips curve model (NPCM), and the incomplete competition model (ICM) are the alternative econometric models specified to forecast Inflation. Th...
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...
RESUMO O objetivo desse artigo é analisar como a preferência pela liquidez afeta o desenvolvimento econômico em momentos de incerteza. A literatura necessária para desenvolver todo o referencial teórico foi fundamentada a partir de uma ampla pesquisa bibliográfica em artigos e livros, no qual se observou que os postulados keynesianos e pós keynesia...
This review discusses the unique features of Austrian economics and some of the recent contributions of this school of thought. We organize these contributions in different research “buckets” in the hope that this will be a useful guide to readers while demonstrating the ongoing relevance of the contemporary Austrian school of economics for advanci...
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...
En este artículo se revisa los esquemas de política monetaria que emplea un banco central para estabilizar una economía. Para cumplir con este objetivo, se examinan diferentes enfoques conceptuales como la tasa de interés real neutral (TIRN), enfoque de inflación objetivo, enfoque de flexibilidad cuantitativa, visiones de Stiglitz (2010) y Krugman...
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 Georg Simmel foi um dos primeiros professores em Berlim a admitir as mulheres em suas aulas e seminários. Em sua teoria da modernidade, adota a perspectiva do indivíduo inserido em uma cultura objetiva, própria da economia monetária, e em uma cultura subjetiva, própria do sujeito. São, então, realidades inter-relacionadas. Os conceitos de cu...
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...
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...
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...
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...
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...
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...