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pro vyhledávání: '"Edward J. Nell"'
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
George understood “progress”—economic growth—to be disruptive and innovative, taking place through developments that changed the proportions and relative prosperity of different sectors. He began his analysis with the movement of settlers to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0d90bf1ed26f7c00482d5f2dadf48a34
https://doi.org/10.1007/978-3-030-18663-0_2
https://doi.org/10.1007/978-3-030-18663-0_2
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
A modern real-side growth model is developed, allowing for effects on distribution and for demand-driven innovation; it also features a wage-accumulation curve—Joan Robinson—and rents can be introduced, driven by both growth and innovation.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5cde0b3579cd856d32c2b77159f1eb2a
https://doi.org/10.1007/978-3-030-18663-0_7
https://doi.org/10.1007/978-3-030-18663-0_7
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
But this system is hard on firms; prices fluctuate with demand, so profits do too. Innovations will make it possible to adjust labor costs more easily, laying off workers when demand drops off, rehiring them when it recovers. In effect this means tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::71482521269fc53ee92d8ed4ed1640f3
https://doi.org/10.1007/978-3-030-18663-0_6
https://doi.org/10.1007/978-3-030-18663-0_6
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
Henry George often argued in macroeconomic terms, though he did not develop a macroeconomic theory. In this chapter we present a model that is consistent with Marshall’s ‘supply and demand’, but applies to aggregate supply and demand. The model
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1af0f51c2c73231ad3a08e5922ab4b2c
https://doi.org/10.1007/978-3-030-18663-0_5
https://doi.org/10.1007/978-3-030-18663-0_5
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
Wealth will enable management-level employees to raise their earnings above what they would otherwise be. They will save more out of their earnings from work and out of the profits of their capital than ordinary workers will save out of their earning
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f77e4c1652d64bbb18242350bcd6a9ec
https://doi.org/10.1007/978-3-030-18663-0_9
https://doi.org/10.1007/978-3-030-18663-0_9
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
A survey of the reasons for holding securities and the ways they are put together in portfolios will show that in normal conditions all securities issued will be held voluntarily.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b77ac9318531d4c0b8fbad3c103dd8b0
https://doi.org/10.1007/978-3-030-18663-0_8
https://doi.org/10.1007/978-3-030-18663-0_8
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
The Henry George Theorem states that the level of total rents in a country is nearly equal to the total costs of government in that area. There are several unconvincing “proofs” that make this claim. A widely circulated such proof, when inspected
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::970b7968e58dca4ceb2e415777c8f311
https://doi.org/10.1007/978-3-030-18663-0_4
https://doi.org/10.1007/978-3-030-18663-0_4
Autor:
Edward J. Nell
Publikováno v:
Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability ISBN: 9783030186623
Settlement and growth are explored in more detail and the processes driving up rents are modeled mathematically. Net aggregate product is increased each period by growth, and at the same time rents are driven up each period. Total land value is the c
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ac4e7146daf06144bfa7affd44e3d49f
https://doi.org/10.1007/978-3-030-18663-0_3
https://doi.org/10.1007/978-3-030-18663-0_3
Autor:
Karim Errouaki, Edward J. Nell
Publikováno v:
Review of Political Economy. 28:448-463
To begin with, we'd like to express our appreciation to our three commentators for their thoughtful and helpful reviews. Like the founders of the subject, we believe, and our reviewers seem to agree, that structural econometrics has the potential to
Autor:
Edward J. Nell
Publikováno v:
The New Palgrave Dictionary of Economics ISBN: 9781349951215
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c4f99ef5107de8dd292788aa95d67a78
https://doi.org/10.1057/978-1-349-95189-5_223
https://doi.org/10.1057/978-1-349-95189-5_223