Cambridge Journal of Economics最新文献_第7页

Weaknesses of MMT as a guide to development policy MMT作为发展政策指南的弱点

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-04-17 DOI: 10.7275/18878576

A. Aboobaker, E. Ugurlu

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引用次数: 7

Weaknesses of MMT as a guide to development policy MMT作为发展政策指南的弱点

2区经济学

Cambridge Journal of Economics Pub Date : 2023-04-17 DOI: 10.1093/cje/bead009

Adam Aboobaker, Esra Nur Ugurlu

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引用次数: 3

Persistently non-compliant employment practice in the informal economy: permissive visibility in a multiple regulator setting 非正规经济中持续不合规的就业实践:多重监管环境下的允许可见性

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-04-01 DOI: 10.1093/cje/bead007

I. Clark, Alan Collins, James Hunter, R. Pickford, Jack Barratt, H. Fearnall-Williams

{"title":"Persistently non-compliant employment practice in the informal economy: permissive visibility in a multiple regulator setting","authors":"I. Clark, Alan Collins, James Hunter, R. Pickford, Jack Barratt, H. Fearnall-Williams","doi":"10.1093/cje/bead007","DOIUrl":"https://doi.org/10.1093/cje/bead007","url":null,"abstract":"\u0000 The growing significance of non-compliant employment practice in the British economy has motivated scrutiny of the effectiveness of current regulation. In some markets, charges of labour exploitation, underpayment of the national minimum wage and associated ‘wage theft’ from workers are rife where business operations are characterised by academics, regulators and stakeholders as exuding ‘permissive visibility’. The current landscape of enforcement and regulation of informal business and employment practices features complex structural and operational issues for regulators subject to tight resource constraints. These enable permissiveness and offer scope for strategic regulatory tolerance of some violation types, possibly to raise compliance rates for other types of violations. Drawing on extensive empirical evidence and qualitative data sources in one market sector (hand car washes), this study investigates some key hypotheses focussing on compliance and responses by businesses and regulators to the extant regulatory regime. These inform a pragmatic institutional analysis considering the merits of some movement towards a single enforcement body instead of the existing arrangements featuring multiple regulatory institutions.","PeriodicalId":48156,"journal":{"name":"Cambridge Journal of Economics","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41628283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Keynesian expectations, epistemic authority and pluralism in economics: placebo and nocebo effects in normal and abnormal times 凯恩斯预期、认知权威与经济学多元论:正常与异常时期的安慰剂与反安慰剂效应

2区经济学

Cambridge Journal of Economics Pub Date : 2023-03-29 DOI: 10.1093/cje/bead001

Ellen D Russell

{"title":"Keynesian expectations, epistemic authority and pluralism in economics: placebo and nocebo effects in normal and abnormal times","authors":"Ellen D Russell","doi":"10.1093/cje/bead001","DOIUrl":"https://doi.org/10.1093/cje/bead001","url":null,"abstract":"Abstract Prominent economists may provide expert guidance to assist the public in forming expectations. Using both Keynes’ theory of conventional expectations formation and lay epistemology, this article argues that prominent economists may have sufficient ‘epistemic authority’ to encourage a self-fulfilling ‘placebo/nocebo effect’, meaning that widely and confidently-held expectations congruent with prominent economists’ guidance encourage economic behaviours that promote the economic outcomes predicted by these economists. This article examines the peripherality of pluralism in the economics discipline as supporting these self-fulfilling dynamics insofar as it: (i) contributes to the public’s capacity to identify and attribute epistemic authority to prominent economists, (ii) encourages sufficient convergence of prominent economists’ expectational guidance that the public can adopt coherent and confident expectations based on this guidance and (iii) facilitates the public dissemination of this expectational guidance. The conclusion considers Keynesian ‘abnormal times’ (such as a Minskian expectational scenario) that may discredit the epistemic authority of prominent economists (and perhaps expert economic knowledge in general) and considers some implications of these circumstances for disciplinary pluralism.","PeriodicalId":48156,"journal":{"name":"Cambridge Journal of Economics","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135528859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Smart city, eco city, world city, creative city, et cetera et cetera: a Marxian interpretation of urban discourses’ short lifecycles 智慧城市、生态城市、世界城市、创意城市等：城市话语生命周期短的马克思主义解读

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-03-23 DOI: 10.1093/cje/beac069

J. Sonn, Joonha Park

引用次数: 2

Deindustrialisation and the post-socialist mortality crisis 去工业化和后社会主义死亡率危机

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-03-20 DOI: 10.1093/cje/beac072

G. Scheiring, A. Azarova, D. Irdam, K. Doniec, M. Mckee, D. Stuckler, Lawrence King

{"title":"Deindustrialisation and the post-socialist mortality crisis","authors":"G. Scheiring, A. Azarova, D. Irdam, K. Doniec, M. Mckee, D. Stuckler, Lawrence King","doi":"10.1093/cje/beac072","DOIUrl":"https://doi.org/10.1093/cje/beac072","url":null,"abstract":"\u0000 An unprecedented mortality crisis struck Eastern Europe during the 1990s, causing around seven million excess deaths. We enter the debate about the causes of this crisis by performing the first quantitative analysis of the association between deindustrialisation and mortality in Eastern Europe. We develop a theoretical framework identifying deindustrialisation as a process of social disintegration rooted in the lived experience of shock therapy. We test this theory relying on a novel multilevel dataset, fitting survival and panel models covering 52 towns and 42,800 people in 1989–95 in Hungary and 514 towns in European Russia in 1991–99. The results show that deindustrialisation was directly associated with male mortality and indirectly mediated by hazardous drinking as a stress-coping strategy. The association is not a spurious result of a legacy of dysfunctional working-class health culture aggravated by low alcohol prices during the early years of the transition. Both countries experienced deindustrialisation, but social and economic policies have offset Hungary’s more immense industrial employment loss. The results are relevant to health crises in other regions, including the deaths of despair plaguing the American Rust Belt. Policies addressing the underlying causes of stress and despair are vital to save lives during painful economic transformations.","PeriodicalId":48156,"journal":{"name":"Cambridge Journal of Economics","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44645031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Money War: democracy, taxes and inflation in the U.S. Civil War 金钱战争：美国内战中的民主、税收和通货膨胀

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-03-20 DOI: 10.1093/cje/bead006

Ariel Ron, Sofia Valeonti

引用次数: 1

Who said or what said? Estimating ideological bias in views among economists 谁说的，什么说的?估计经济学家观点中的意识形态偏见

2区经济学

Cambridge Journal of Economics Pub Date : 2023-03-01 DOI: 10.1093/cje/beac071

Moshen Javdani, Ha-Joon Chang

{"title":"Who said or what said? Estimating ideological bias in views among economists","authors":"Moshen Javdani, Ha-Joon Chang","doi":"10.1093/cje/beac071","DOIUrl":"https://doi.org/10.1093/cje/beac071","url":null,"abstract":"Abstract There exists a long-standing debate about the influence of ideology in economics. Surprisingly, however, there are very few studies that provide systematic empirical evidence on this critical issue. Using an online randomised controlled experiment involving 2,425 economists in 19 countries, we examine the effect of ideological bias among economists. Participants were asked to evaluate statements from prominent economists on different topics, while source attribution for each statement was randomised without participants’ knowledge. For each statement, participants either received a mainstream source, an ideologically different less-/non-mainstream source, or no source. We find that changing source attributions from mainstream to less-/non-mainstream, or removing them, significantly reduces economists’ reported agreement with statements. This contradicts the image economists have/report of themselves, with 82% of participants reporting that in evaluating a statement one should only pay attention to its content. Our analysis provides clear evidence for the existence of ideological bias as well as of authority bias among economists. We also find significant heterogeneity in our results by gender, country, PhD completion country, research area and undergraduate major, with patterns consistent with the existence of ideological bias.","PeriodicalId":48156,"journal":{"name":"Cambridge Journal of Economics","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135742778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Personal income distribution and the endogeneity of the demand regime 个人收入分配与需求机制的内生性

2区经济学

Cambridge Journal of Economics Pub Date : 2023-02-24 DOI: 10.1093/cje/beac059

Lorenzo Tonni

引用次数: 1

Complexity defying macroeconomics 挑战复杂性的宏观经济学

IF 2 2区经济学

Cambridge Journal of Economics Pub Date : 2023-02-23 DOI: 10.1093/cje/bead002

Pablo Paniagua

{"title":"Complexity defying macroeconomics","authors":"Pablo Paniagua","doi":"10.1093/cje/bead002","DOIUrl":"https://doi.org/10.1093/cje/bead002","url":null,"abstract":"\u0000 This article contributes to the literature on complexity and macroeconomic models by exploring the analytical relationship and tensions between complex phenomena and macroeconomics. By evaluating the properties of organised complexity, this article suggests alternative strategies for analysing the macroeconomy. Drawing on F. A. Hayek’s notion of organised complexity, I examine how its causal properties relate to the analytical criteria and assumptions that contemporary macroeconomic models use. The purpose is twofold: first, I associate the properties of complexity to the idea of the macroeconomy as an emergent totality arising from the causal interplay between individuals and the organising structure. This conceptually challenges modern macro and frames analytical tensions between complexity and macroeconomic analysis. Second, introducing complexity facilitates breaking away from current analytical and conceptual straitjackets in macroeconomics. Economic inquiry requires looking for alternative ways beyond standard models to analyse the macroeconomy as an emergent totality. This suggests stepping away from current formalistic methods and radical reductionism, in favour of unconventional strategies and approaches that are sensitive to rules, structures, and the causal properties of organised complexity.","PeriodicalId":48156,"journal":{"name":"Cambridge Journal of Economics","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45504671","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0