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Full-Text Articles in Social and Behavioral Sciences
The Nominalistic Principle: A Legal Approach To Inflation, Deflation, Devaluation And Revaluation, Alain H. Sheer
The Nominalistic Principle: A Legal Approach To Inflation, Deflation, Devaluation And Revaluation, Alain H. Sheer
Georgia Journal of International & Comparative Law
No abstract provided.
Deflation And Economic Output, Brian T. Love
Deflation And Economic Output, Brian T. Love
Senior Theses and Projects
This paper will look at deflation and its relationship to economic output. This is an area of economic research that has received relatively little attention and, where it has, researchers disagree as to the how the two variables relate. In order to explore these questions, the following analysis will consider data from a sample of eight countries in VAR equations to look at the relationship between prices and economic output since the mid-1800s with control variables to limit potential omitted variable bias, and Granger-causality testing as well as impulse response testing to further analyze obtained results. The resulting analysis provides …
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
Maria Pia Paganelli
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep money still encreasing. This paper proposes that, for Hume, money can be kept still encreasing through deflationary policies, rather than through inflationary policies as commonly presented in the literature. Decreasing the quantity of money in circulation in an open economy decreases prices and gives a competitive edge to the country's products. The increase in exports keeps money still encreasing. Deflation may be achieved through the promotion of hoarding and non-monetary uses of precious metals. The position of this paper is …
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
Maria Pia Paganelli
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep money still encreasing. This paper proposes that, for Hume, money can be kept still encreasing through deflationary policies, rather than through inflationary policies as commonly presented in the literature. Decreasing the quantity of money in circulation in an open economy decreases prices and gives a competitive edge to the country's products. The increase in exports keeps money still encreasing. Deflation may be achieved through the promotion of hoarding and non-monetary uses of precious metals. The position of this paper is …
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
Maria Pia Paganelli
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep money still encreasing. This paper proposes that, for Hume, money can be kept still encreasing through deflationary policies, rather than through inflationary policies as commonly presented in the literature. Decreasing the quantity of money in circulation in an open economy decreases prices and gives a competitive edge to the country's products. The increase in exports keeps money still encreasing. Deflation may be achieved through the promotion of hoarding and non-monetary uses of precious metals. The position of this paper is …
Minimum Wage In A Deflationary Economy: The Japanese Experience, 1994-2003, Ryo Kambayashi, Daiji Kawaguchi, Ken Yamada
Minimum Wage In A Deflationary Economy: The Japanese Experience, 1994-2003, Ryo Kambayashi, Daiji Kawaguchi, Ken Yamada
Research Collection School Of Economics
The statutory minimum wage in Japan has increased continuously for a few decades until the early 2000s even during a period of deflation. This paper examines the impact of the minimum wage on wage and employment outcomes under this unusual circumstance. We find that the minimum-wage increase resulted in the compression of the lower tail of the wage distribution among women and that the wage compression is only partially attributable to the loss of employment. The continuous increase in the minimum wage accounts for one half of the reduction in lower-tail inequality that occurred among women during the period between …
2013-2 The Fisher Relation In The Great Depression And The Great Recession, David Laidler
2013-2 The Fisher Relation In The Great Depression And The Great Recession, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2012-4 Two Crises, Two Ideas And One Question, David Laidler
2012-4 Two Crises, Two Ideas And One Question, David Laidler
Economic Policy Research Institute. EPRI Working Papers
No abstract provided.
2011-1 Professor Fisher And The Quantity Theory - A Significant Encounter, David Laidler
2011-1 Professor Fisher And The Quantity Theory - A Significant Encounter, David Laidler
Department of Economics Research Reports
No abstract provided.
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
'The Good Policy Of The Magistrate': Deflation As A Policy Option In David Hume's Economic Essays, Maria Pia Paganelli
Economics Faculty Research
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep money still encreasing. This paper proposes that, for Hume, money can be kept still encreasing through deflationary policies, rather than through inflationary policies as commonly presented in the literature. Decreasing the quantity of money in circulation in an open economy decreases prices and gives a competitive edge to the country's products. The increase in exports keeps money still encreasing. Deflation may be achieved through the promotion of hoarding and non-monetary uses of precious metals. The position of this paper is …