…three laws are not acceptable as such: the first one is a mere tautology, the second implies the identity of the long-term growth rates of income and capital, and for…
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…and in particular than that of East Asia and the Pacific. East Asia and the Pacific’s expansions last five years longer than those of LAC, and its output gain is…
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…conceptual framework for debating public policy for analyzing the policies recommended and applied so far, to deal with Climate Change’s causes and effects, from an economic perspective. We present the…
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Mexico has a long history of dealing with austerity as a tool to achieve fiscal consolidation. During the last 40 years, the country has repeatedly implemented programs for austerity and…
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A “general formula” for the rental yield of a property is derived in terms of an exponential appreciation rate, a discount rate, a holding time, and a set of tax…
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…net financial assets) through a reduction in expenditures reduces other economic units’ revenues and thus their ability to spend and save. Using the concept of excess demand and supply, it…
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…effects of rhetoric on policy debate, and the importance of “traction” on political agendas are then considered. Propositions are presented indicating, in particular: policy issues will only be addressed spasmodically;…
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…50 years it has become easier to get a mortgage and it has become common for people to buy homes with little down and long repayment times. The result has…
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…be forced into bankruptcy. Not only is this patently false, he says, but there was a day not too long ago when this was common knowledge in the economics discipline….
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…should be given at the end of the articles in the following style with hyperlinks wherever useful and possible. For a review of the Harvard system, see: http://www.library.dmu.ac.uk/Images/Selfstudy/Harvard.pdf or http://www.cse.dmu.ac.uk/~bstahl/HarvardStyle.htm…
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