First SeenFirst seen: The term supply and demand was first seen in Sir James Steuart's 1796 treatise An Inquiry Into the Principles of Political Economy. When figuring out your monthly budget, ...
It is central to Keynesian economic thought that market prices are sticky—that is, they sometimes fail to adjust quickly or at all to changes in supply and demand. Central banks therefore intervene to ...
Sweden and Denmark are examples of democratic socialism. Venezuela is an example of state socialism. Russia, China, Korea and ...
Which comes first: supply or demand? This question has serious policy implications, especially as President Barack Obama proposes $447 billion in additional stimulus spending in order to try to spur ...
JPKE is a scholarly journal of innovative theoretical and empirical work that examines contemporary economic problems. It is committed to the principle that the cumulative development of economic ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper provides a decomposition of GDP and its deflator into demand and supply driven components for 12 Asian countries ...
Housing demand shocks in standard macroeconomic models are a primary source of house price fluctuations, but those models have difficulties in generating the observed large volatility of house prices ...
In light of recent news that UPS is “doubling down” in a signficant move to beef up its cross-border capabilities, I couldn’t help but don my oligopolistic hat and ponder some related theories. But ...
1 We measured competition intensity (CI) between herbaceous vegetation and tree seedlings (Quercus macrocarpa and Q. ellipsoidalis) along an experimental moisture-light gradient. Contrasting theories ...
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