5810 Results for “ https://www.galaxus.ch/en/sector/showdiscussion/snap-hack-online-visit-kunghaccom-d2d1mo9k-226342”

We call attention to the class of models that serve as the foundation for the rational expectations hypothesis (REH). Models in this class rule out completely any structural change that cannot be fully anticipated with a probabilistic or other quantitative rule. REH models are abstractions of rational decision-making, but only in a hypothetical world in which participants can fully anticipate when and how they might revise their understanding of the process driving outcomes.

This research project proposes linking emission fees to actual temperatures, thereby helping to break the policy stalemate and reach agreement on an effective policy.

Unveiling the U.S. Prison System

Exploiting three earthquakes in Italy as quasi-experiments, we analyse the response of homeowners’ consumption to transfers targeted to finance housing repair and reconstruction. To the extent that funds are made available up-front, these transfers are akin to loans, mainly affecting the liquidity of households’ wealth

70 years ago today, Edward A. Tenenbaum helped pull off an astounding feat—successfully reforming Germany’s currency after World War II

Inflation, the euro crisis – for years there has been one worry hype after another. Yet fear frequently turns out to be wrong. We need a committee of wise men in charge of dealing with the real risks.

Winnie Byanyima shows how we all suffer when corporations evade taxes

Considerable academic and public attention has been drawn to the pulling away of the very rich—the so-called “one percent” whose gains have far outpaced those of everyone else (Piketty 2014). But the debate has reached well beyond the very top, especially in the United States.Indeed, the hollowing out of the middle class, continuing stagnation of wages, and new evidence on the lack of upward mobility across generations all strike at the very heart of the American ideal.

It’s crunch time in Europe.

This research project explores how genomic data can inform the understanding of social science questions. The genomic revolution means that social scientists are able to correlate a range of outcomes and behaviors with genes. This research studies what these correlations mean.

In a complex world, we’ll experience more “black swans”, and the things that standard economic models assumed away will matter much more.

This research project commences work on a supplementary edition covering much of John Maynard Keynes’s significant writings on economics, philosophy, and politics that remain unpublished.

UMass Amherst Economics professor Jayati Ghosh talks about the massive unjustness of the so-called pandemic economic rescue packages, which continue to favor the world’s wealthiest while ignoring the dramatic plight of the developing world.

The YSI Economic History Working Group and the YSI Financial Stability Working Group are hosting a webinar series on the “Institutional Responses to Financial Crises, 1870 to 2017”. 

Institute for New Economic Thinking grantee James K. Galbraith will be awarded the 2014 Leontief Prize.

A webinar panel discussion, moderated by Gillian Tett, US Managing Editor of the Financial Times, with Laurence Boone, OECD Chief Economist, Moritz Schularick, INET Research Fellow, and Adam Tooze, Director of the European Institute at Columbia University.

Soros’s remarks about the 2008 crash

A suprisingly large number of talks refer to the issue of human decision making.

James Galbraith flips the script on sanctions. How has Russia adapted?

Legislators who vote together get paid together

Pisani-Ferry discusses the challenges facing the creation of a common monetary union in the form that was eventually agreed in the 1990s absent a political union.

Banks take on excessive risk since they know, in case of failure, the taxpayer will step in to rescue them. That is a form of free insurance, and Ed Kane wants to end it.

In this short interview, Institute co-founder George Soros tackles the question at the heart of the Institute’s mission: What’s wrong with economics and what can we do to change it?

Institute scholar Arjun Jayadev argues that while TPP is dead, its damaging legacy on intellectual property rights is likely to shape future bilateral trade agreements

Sometimes new tools are what we need to create new thinking.

FT Alphaville uses a Lord of the Rings metaphor to describe the state of global currencies.

Paul Samuelson was both a mathematical micro-economist, working from theorem to proof in the neoclassical tradition, and a committed Keynesian macroeconomist, convinced of the necessity of policy intervention to improve the performance of market economies. How did he square these two sides of himself? Wade Hands goes into the archives to find out.

The economist had to learn moral philosophy before anything else—an underpinning that’s still helpful for today’s students

The business corporation is the central economic institution in a modern economy. A company’s senior executives, with the advice and support of the board of directors, are responsible for the allocation of corporate resources to investments in productive capabilities. Senior executives also advise the board on the extent to which, given the need to invest in productive capabilities, the company can afford to make cash distributions to shareholders. Motivating corporate resource-allocation decisions are the modes of remuneration that incentivize and reward the top executives of these companies. A sound analysis of the operation and performance of a modern economy requires an understanding of not only how much these executives are paid but also the ways in which the prevailing system of executive pay influences their decisions to allocate corporate resources.

Studies in psychology, neuroscience, biology, and many of the social sciences have long illustrated that human beings react very different from what economics textbooks tell you to expect when they are operating under conditions of radical uncertainty.

This research project explores the interaction between group identities and decisions to engage in collective action to secure access to public goods, such as education.

This research project uses spatial cross-sectional variation in addition to time series variation to estimate fiscal multipliers; the impact of anti-predatory lending laws on housing prices, default rates, and foreclosures; and the impact of raising wages during recessions.

In a recent post I wrote: “I am sure it will not take long before Journal of the History of Economic Thought (Cambridge Uni. Press) makes that list [Thompson Reuters, Social Science Citation Index].”

What is economics for? What is it about? How should it be done? How can it be of use to us? How is it connected to morals and politics?

Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.

Can China lead the way on innovation?

Why is this a surprise?

A collection of INET work on gender inequality, inclusion and diversity, and the broader economic consequences.

A series of interviews by Folashadé Soulé and Camilla Toulmin with African leaders on the pandemic.

Discussion of the results of the ECB’s LTRO2 has revolved around the question of hoarding, specifically whether banks are using the newly-created reserves to fund new lending.

When billionaires pay less, we all pay more.

Monday marked the one-year anniversary of the start of the Occupy movement, and INET Executive Director Rob Johnson went on CNBC to discuss the significance of the milestone.

Inequality isn’t just a problem for the 99%.

This research project replicates a large number of studies by teaching replication to students, with the results included in a wiki project about the replicability of research.

Inequality and distribution—areas underserved by mainstream economics—sit at the heart of The Institute’s work. This program brings together researchers from a variety of disciplines to develop alternative approaches to the problem of inequality.

publishing • the job market • writing • teaching • mental health • work-life balance

Focusing on understanding the context in which innovation is possible, and examining the role of innovation in growth and distribution.

Further your understanding of the economy and find an open environment for generating and discussing economic thought.

The Role These Factors Play in Shaping Economic Knowledge and Behavior

Michalis Nikiforos, Simon Grothe, and Servaas Storm criticize Marc Lavoie’s recent take on the current inflation debate. Marc Lavoie responds.

A blog by young and restless (and good looking) historians of economics.

Renowned campaigner for social and economic justice to set the tone in conference keynote

Thomas Piketty and Joseph E. Stiglitz discuss the causes of, consequences of, and remedies for inequality.