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-in effects on the one hand, and the possibilities for transformation and innovation on the other is only gained by analyzing …
Persistent link: https://www.econbiz.de/10011026101
The 2007/08 financial crisis results in two major problems that issue difficult challenges for the economic theory and …
Persistent link: https://www.econbiz.de/10010898561
a post-Keynesian authority on monetary theory and financial institutions. He had extensively studied the economic … economic concepts of the efficient market theory which believes that force of invisible hands keep the markets clear. Minsky …
Persistent link: https://www.econbiz.de/10010820974
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a...
Persistent link: https://www.econbiz.de/10010750459
Eurozone is going though the worst ever crises since the adoption of the common currency in 1999. In the aftermath of financial crises of 2007, many EU government due to their own fragile banking system and imbalance economic structures persued a debt-spending financing which resulted into a...
Persistent link: https://www.econbiz.de/10009368002
We propose a measure of the probability of crises associated with an aggregate indicator, where the percentage of false alarms and the proportion of missed signals can be combined to give an appreciation of the vulnerability of an economy. In this perspective, the important issue is not only to...
Persistent link: https://www.econbiz.de/10008791167
We propose a measure of the probability of crises associated with an aggregate indicator, where the percentage of false alarms and the proportion of missed signals can be combined to give an appreciation of the vulnerability of an economy. In this perspective, the important issue is not only to...
Persistent link: https://www.econbiz.de/10008792414
Defence innovation systems are structured around two main groups of players that interact in the development of complex … the new capabilities that have been created within the national innovation system (NIS). We explain how the role and the … architect " to " project manager ". These new capabilities create new interactions in the French Defence innovation system and …
Persistent link: https://www.econbiz.de/10009147616
In 1940 Schumpeter wrote a paper entitled: "The Meaning of Rationality in the Social Sciences", which was intended to one of the meetings of a seminar including Talcott Parsons, Wassilly Léontief, Paul Sweezy and other Harvard scholars, that he took the initiative to start. In this paper...
Persistent link: https://www.econbiz.de/10010738554
's methodological approach. Economic sociology, indeed, provides the foundations of a theory of institutions and institutional change …
Persistent link: https://www.econbiz.de/10008788989