Purpose This study aims to explore the long-run equilibrium relationship between India’s real exchange rate and sectoral productivity trends using internationally comparable KLEMS databases on for India, China, Euro area, USA, UK Japan. Design/methodology/approach uses pooled mean group estimations panel data suggested by Pesaran et al. (1999). method is chosen because of presence variables wit...

This paper analyses the theoretical relevance of the dynamical aspects of growth on the discussion about the observed positive correlation between per capita real income and real exchange rates. With this purpose, we develop a simple exogenous growth model where the internal, external and intertemporal equilibrium conditions of a typical macroeconomic model are imposed; this last one through th...

Roughly speaking there are two classes of general equilibrium models which explicitly recognize that the future is open ended: the ̄rst, simplest and most idealized, views agents as being in ̄nitely lived|they are all permanently on stage together. With a complete set of markets such an economy leads to an e±cient outcome: in essence all contingencies can be traded out at an initial date and the ...

This paper presents the bibliometrics of a Keynesian and neoclassical discussion about multiplier–accelerator effect. Having its oldest roots in 1930s, there was special emphasis 1960s 1970s on discussions regarding dependence current investment economic growth (the accelerator effect). Through bibliometric analysis, we also consider Hicks–Samuelson contribution, known as model. We identified, ...

Copyright © 2007 American Heart Association. All rights reserved. Print ISSN: 0009-7322. Online 72514 Circulation is published by the American Heart Association. 7272 Greenville Avenue, Dallas, TX DOI: 10.1161/CIRCULATIONAHA.106.670034 2007;116;1602-1610 Circulation Nelson Hopkins Rodney M. Samuelson, Junichi Yamamoto, Elad I. Levy, Adnan H. Siddiqui and L. Response to Samuelson et al http://ci...

Theoretically and experimentally, we generalize the analysis of acquiring a company (Samuelson and Bazerman 1985) by allowing for competition of both buyers and sellers. Näıvety of both is related to the idea that higher prices exclude lower qualities. While competition of näıve buyers increases prices, competition of näıve sellers promotes efficiency enhancing trade. Our predictions are tested...