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Evolutionary and Institutional Economics Review最新文献

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Alternative monetary policy rules and expectational consistency 另类货币政策规则与预期一致性
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-27 DOI: 10.1007/s40844-021-00208-2
Carlos Eduardo Iwai Drumond, Cleiton Silva de Jesus, João Basilio Pereima, Hiroyuki Yoshida
{"title":"Alternative monetary policy rules and expectational consistency","authors":"Carlos Eduardo Iwai Drumond, Cleiton Silva de Jesus, João Basilio Pereima, Hiroyuki Yoshida","doi":"10.1007/s40844-021-00208-2","DOIUrl":"https://doi.org/10.1007/s40844-021-00208-2","url":null,"abstract":"<p>We build a macroeconomic model that allows for non-linearity in the interest rate rule. We assume that to determine the rate of interest, the monetary authority considers the interaction between the actual inflation and the capacity utilization, so that the sensitivity of the interest rule to the inflation gap varies in accordance with the business cycle. The macroeconomic policy framework we propose enables the monetary authority to give as much weight to inflation as to the product without losing sight of the expected anchor role of the inflation target, for a closed economy as well as for an open economy.</p>","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138506001","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The discontinuity between value and price form: tracking the subtraction of the qualitative 价值与价格形态的不连续:追踪定性的减法
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-25 DOI: 10.1007/s40844-021-00210-8
Uroš Kranjc
{"title":"The discontinuity between value and price form: tracking the subtraction of the qualitative","authors":"Uroš Kranjc","doi":"10.1007/s40844-021-00210-8","DOIUrl":"https://doi.org/10.1007/s40844-021-00210-8","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00210-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47046158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Psychology of evolutionary economic behaviour 进化经济行为心理学
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-25 DOI: 10.1007/s40844-021-00209-1
B. Markey-Towler
{"title":"Psychology of evolutionary economic behaviour","authors":"B. Markey-Towler","doi":"10.1007/s40844-021-00209-1","DOIUrl":"https://doi.org/10.1007/s40844-021-00209-1","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00209-1","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48640322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Keynesian and classical theories: static and dynamic perspectives 凯恩斯与古典理论:静态与动态视角
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-15 DOI: 10.1007/s40844-021-00205-5
Hiroki Murakami
{"title":"Keynesian and classical theories: static and dynamic perspectives","authors":"Hiroki Murakami","doi":"10.1007/s40844-021-00205-5","DOIUrl":"https://doi.org/10.1007/s40844-021-00205-5","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00205-5","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52807243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A two-class economy from the multi-sectoral perspective: the controversy between Pasinetti and Meade–Hahn–Samuelson–Modigliani revisited 多部门视角下的两阶级经济:帕西内蒂与米德-哈恩-萨缪尔森-莫迪利亚尼之争的再考察
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-10 DOI: 10.1007/s40844-021-00202-8
Kazuhiro Kurose
{"title":"A two-class economy from the multi-sectoral perspective: the controversy between Pasinetti and Meade–Hahn–Samuelson–Modigliani revisited","authors":"Kazuhiro Kurose","doi":"10.1007/s40844-021-00202-8","DOIUrl":"https://doi.org/10.1007/s40844-021-00202-8","url":null,"abstract":"<p>We examine the Pasinettian multi-sectoral two-class model with a microfoundation of a capitalist and a worker. The microfoundation assumed in this study is an infinitely lived agent and an agent whose behaviour follows the overlapping generations model. We consider two combinations of the microfoundation of capitalists and workers: one is that both capitalists and workers act as infinitely lived agents and the other is that capitalists act as infinitely lived agents and workers act as in the overlapping generations model. We exclusively analyse the steady states and focus on the switches of equilibria from the Pasinetti equilibrium to the dual equilibrium and vice versa, together with the paradoxes in capital theory. The relationship between the rates of economic growth and profit obtained in Pasinetti equilibrium is independent of technology and the combination of the microfoundation. The relationship obtained in dual equilibrium is dependent on technology and differs, depending on the combination of microfoundation. A numerical example shows the simultaneous analysis of the switch of equilibria, income distribution, and capital theory paradoxes. The result indicates that it is necessary to reconsider the importance of capital as a bundle of reproducible and heterogeneous commodities to construct an alternative model analysing the distribution of income and capital (wealth), which is unaccountable by the standard neo-classical models with capital as the primary factor of production.</p>","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138506012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Numerical analysis of the disequilibrium monetary growth model: secular stagnation, slow convergence, and cyclical fluctuations 非均衡货币增长模型的数值分析:长期停滞、缓慢收敛和周期性波动
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-05 DOI: 10.1007/s40844-021-00201-9
Shogo Ogawa, H. Sasaki
{"title":"Numerical analysis of the disequilibrium monetary growth model: secular stagnation, slow convergence, and cyclical fluctuations","authors":"Shogo Ogawa, H. Sasaki","doi":"10.1007/s40844-021-00201-9","DOIUrl":"https://doi.org/10.1007/s40844-021-00201-9","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00201-9","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52807157","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Growth and income distribution in an economy with dynasties and overlapping generations 王朝和世代重叠的经济中的增长和收入分配
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-03-02 DOI: 10.1007/s40844-021-00206-4
H. Sasaki
{"title":"Growth and income distribution in an economy with dynasties and overlapping generations","authors":"H. Sasaki","doi":"10.1007/s40844-021-00206-4","DOIUrl":"https://doi.org/10.1007/s40844-021-00206-4","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00206-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52807390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Franklin Obeng-Odoom, Property, institutions, and social stratification in Africa, Cambridge University Press, Cambridge, 2020 《非洲的财产、制度和社会分层》，剑桥大学出版社，剑桥，2020年
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-02-28 DOI: 10.1007/s40844-021-00203-7
Toyomu Masaki
{"title":"Franklin Obeng-Odoom, Property, institutions, and social stratification in Africa, Cambridge University Press, Cambridge, 2020","authors":"Toyomu Masaki","doi":"10.1007/s40844-021-00203-7","DOIUrl":"https://doi.org/10.1007/s40844-021-00203-7","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00203-7","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47313874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Towards a unified aggregation framework for preferences and judgments 为偏好和判断建立统一的聚合框架
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-02-23 DOI: 10.1007/s40844-021-00200-w
L. Marengo, S. Settepanella, Yan X. Zhang
{"title":"Towards a unified aggregation framework for preferences and judgments","authors":"L. Marengo, S. Settepanella, Yan X. Zhang","doi":"10.1007/s40844-021-00200-w","DOIUrl":"https://doi.org/10.1007/s40844-021-00200-w","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00200-w","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"52806953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
An experimental study of VCG mechanism for multi-unit auctions: competing with machine bidders 多机竞买中VCG机制的实验研究
IF 0.9
Evolutionary and Institutional Economics Review Pub Date : 2021-02-07 DOI: 10.1007/s40844-021-00198-1
Satoshi Takahashi, Yoichi Izunaga, Naoki Watanabe
{"title":"An experimental study of VCG mechanism for multi-unit auctions: competing with machine bidders","authors":"Satoshi Takahashi, Yoichi Izunaga, Naoki Watanabe","doi":"10.1007/s40844-021-00198-1","DOIUrl":"https://doi.org/10.1007/s40844-021-00198-1","url":null,"abstract":"","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2021-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s40844-021-00198-1","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42580492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
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