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Vor 5 Tagen · Cobb and Douglas presented the first empirical test of this function; although it is true that Knut Wicksell was the author of this function three decades earlier (Douglas, 1976; Sandelin, 1976) or that Johann Heinrich von Thünen came up with a similar expression in the late 1840s (Cargill & Mayer, 1998), its clear definition and ...
Vor 2 Tagen · Einfluss übte dabei auch die Theorie Knut Wicksells aus; demnach beruhen Ungleichgewichtsprozesse auf dem Auseinanderklaffen von natürlichem Zinssatz und dem von den Banken festgelegten Zins (die Kreditzinsen weichen von dem Niveau ab, das sich auf unbeeinflussten Kapitalmärkten eingestellt hätte).
Vor einem Tag · Knut Wicksell on interest rates and the inflationary process The Swedish economist Knut Wicksell (1851–1926) argued in Interest and Prices (1898) that if goods in the present directly traded for goods in the future, that is, as in barter transactions, the intertemporal competitively determined price between goods in the present and the future would tend to assure that investment was kept in ...
Vor 2 Tagen · Ludwig von Mises had earlier applied the concept of marginal utility to the value of money in his Theory of Money and Credit (1912) in which he also proposed an explanation for "industrial fluctuations" based on the ideas of the old British Currency School and of Swedish economist Knut Wicksell.
Vor 5 Tagen · Thomas Malthus (born February 13/14, 1766, Rookery, near Dorking, Surrey, England—died December 29, 1834, St. Catherine, near Bath, Somerset) was an English economist and demographer who is best known for his theory that population growth will always tend to outrun the food supply and that betterment of humankind is impossible without stern limi...
Vor 2 Tagen · Back in 1997 I was invited to the Central Bank of Brazil to give a seminar on the plans for the European Monetary Union. Before I went to Brasília two colleagues urged me to go and see Mauro Boiano...
Vor 5 Tagen · Mats Wicksell, Senior Vice President and Head of Business Area Kockums for Saab, said: “We are proud to take on the mission to start the basic design of the new Luleå-class for Sweden and happy to cooperate with Babcock in this project.
