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The von Neumann Model as a Chaotic Attractor

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

Teases out parallels in the thinking of von Neumann and Marx. Goodwin presents a simplified version of the von Neumann model removing the assumption of infinite labour supply. The resulting ... More


Wahlverwandschaft, Complementarity, and the Theoretical Utility of Institutional Untidiness 1

Colin Crouch

in Capitalist Diversity and Change: Recombinant Governance and Institutional Entrepreneurs

Published in print:
2005
Published Online:
September 2007
ISBN:
9780199286652
eISBN:
9780191713354
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199286652.003.0003
Subject:
Business and Management, Political Economy

This chapter asserts the importance of establishing the micro foundations of institutions so as to treat actors as potentially creative and innovative. Weber's concept of ideal types as one-sided ... More


Voluntary Slavery and the Limits of the Market

Debra Satz

in Why Some Things Should Not Be for Sale: The Moral Limits of Markets

Published in print:
2010
Published Online:
September 2010
ISBN:
9780195311594
eISBN:
9780199870714
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195311594.003.0008
Subject:
Philosophy, Political Philosophy

This chapter examines the ways that two different frameworks with different underlying normative assumptions view the phenomenon of bonded labor: libertarian laissez faire theory and Paretian welfare ... More


Towards an Integrated Model of EU Citizenship and Support

David Sanders, Paolo Bellucci, and Gábor Tóka

in The Europeanization of National Polities?: Citizenship and Support in a Post-Enlargement Union

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199602346
eISBN:
9780191739163
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199602346.003.0009
Subject:
Political Science, European Union, Comparative Politics

This chapter explicitly models reciprocal causal effects, providing a comprehensive and integrated account of EU citizenship attitudes on EU support. While preceding explanatory chapters are all ... More


Globalization, Literacy Levels, and Economic Development

Alok Bhargava

in The Poor under Globalization in Asia, Latin America, and Africa

Published in print:
2010
Published Online:
September 2010
ISBN:
9780199584758
eISBN:
9780191594533
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199584758.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental, International

Chapter 3 estimates models for GDP growth rates, poverty levels, and inequality measures for the period 1990–2000 using data on 54 developing countries at five‐yearly intervals. Issues of ... More


What If the Disturbances and the Explanatory Variables Are Related?

in Introductory Econometrics: Intuition, Proof, and Practice

Published in print:
2011
Published Online:
June 2013
ISBN:
9780804772624
eISBN:
9780804777209
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804772624.003.0010
Subject:
Economics and Finance, Econometrics

This chapter deals with the possibility that the disturbances and the explanatory variables are related. This problem is called endogeneity or simultaneity. In this case, ordinary least squares (OLS) ... More


Transforming Consensual Violence through a Legal Register

Jill D. Weinberg

in Consensual Violence: Sex, Sports, and the Politics of Injury

Published in print:
2016
Published Online:
January 2017
ISBN:
9780520290655
eISBN:
9780520964723
Item type:
chapter
Publisher:
University of California Press
DOI:
10.1525/california/9780520290655.003.0006
Subject:
Sociology, Law, Crime and Deviance

This chapter considers the process and the implications for when consent becomes institutionalized in a more formalized framework, namely law. This chapters shows that in the MMA context, the ... More


Liquidity Preference of Banks and Crises

Toshiaki Hirai, Maria Cristina Marcuzzo, and Perry Mehrling

in Keynesian Reflections: Effective Demand, Money, Finance, and Policies in the Crisis

Published in print:
2013
Published Online:
May 2013
ISBN:
9780198092117
eISBN:
9780199082506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198092117.003.0008
Subject:
Economics and Finance, History of Economic Thought

The chapter proposes that Keynes’s liquidity preference is a theory of asset choice according to which asset returns comprise both a money reward (incomes generated by the asset or changes in its ... More


Conclusions and Outlook

Wolfgang Wagner

in The Democratic Politics of Military Interventions: Political Parties, Contestation, and Decisions to Use Force Abroad

Published in print:
2020
Published Online:
August 2020
ISBN:
9780198846796
eISBN:
9780191881794
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198846796.003.0006
Subject:
Political Science, International Relations and Politics

Summarizing the various findings from the empirical chapters, this chapter concludes that party politics does matter for external relations and that democratic politics does not stop at the water’s ... More


The Empirics of Exchange Rate Regime Choice

Michael W. Klein and Jay C. Shambaugh

in Exchange Rate Regimes in the Modern Era

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262013659
eISBN:
9780262259002
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013659.003.0005
Subject:
Economics and Finance, Econometrics

This chapter looks at the difference between exchange rate regime choice in the modern era as contrasted to previous times and the implications of each system in the broader international monetary ... More


What Comes First, Character Traits or Political Assessments? An Experimental Study

Sascha Huber

in Personality Politics?: The Role of Leader Evaluations in Democratic Elections

Published in print:
2014
Published Online:
March 2015
ISBN:
9780199660124
eISBN:
9780191755934
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199660124.003.0003
Subject:
Political Science, Comparative Politics

Using an experimental approach, this chapter tackles the endogeneity problem of leader effects and disentangles the relationship between political and apolitical factors in the formation of judgments ... More


Making Sense of Crises in Capitalism: An Overview of Theories and Approaches

Andrés Solimano

in Economic Elites, Crises, and Democracy: Alternatives Beyond Neoliberal Capitalism

Published in print:
2014
Published Online:
September 2014
ISBN:
9780199355983
eISBN:
9780199396894
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199355983.003.0006
Subject:
Economics and Finance, International

This chapter reviews and evaluates several theories on crises associated with the writings of Hayek, Keynes, Marx, Schumpeter, new classic economics, Minsky, the efficient market hypothesis, and ... More


Wealth and Security Advantages of Partial Independence

David A. Rezvani

in Surpassing the Sovereign State: The Wealth, Self-Rule, and Security Advantages of Partially Independent Territories

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199688494
eISBN:
9780191767739
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199688494.003.0008
Subject:
Political Science, Democratization

Chapter 8 makes the case that partial independence has significant economic and security advantages over full independence. In particular the chapter places special emphasis on comparisons between ... More


A statistical symphony: instrumental variables reveal causality and control measurement error

Bruce E. Kendall

in Ecological Statistics: Contemporary theory and application

Published in print:
2015
Published Online:
April 2015
ISBN:
9780199672547
eISBN:
9780191796487
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199672547.003.0008
Subject:
Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies, Ecology

Ecologists are increasingly using non-experimental data—both “natural experiments” and observational data from monitoring programs—to address questions that cannot be addressed in controlled ... More


Institutionalizing Multilingualism: Watchdogs on a Leash and the Bureaucratic Trap

Janny H.C. Leung

in Shallow Equality and Symbolic Jurisprudence in Multilingual Legal Orders

Published in print:
2019
Published Online:
March 2019
ISBN:
9780190210335
eISBN:
9780190210359
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190210335.003.0005
Subject:
Linguistics, Sociolinguistics / Anthropological Linguistics

This chapter compares some of the ways official multilingualism has transformed public institutions across jurisdictions, and comments on why these transformations fall short of expectations. This ... More


Decision Processes and Value Endogeneity

James G. March

in Capitalism Beyond Mutuality?: Perspectives Integrating Philosophy and Social Science

Published in print:
2018
Published Online:
June 2018
ISBN:
9780198825067
eISBN:
9780191863745
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198825067.003.0004
Subject:
Business and Management, Corporate Governance and Accountability, Political Economy

Humans use reasons to shape and justify choices. In the process, trade-offs seem essential and often inevitable. But trade-offs involve comparisons, which are problematic both across values and ... More


Multi-equation models

Erik Biørn, Erik Biørn, Erik Biørn, and Erik Biørn

in Econometrics of Panel Data: Methods and Applications

Published in print:
2016
Published Online:
December 2016
ISBN:
9780198753445
eISBN:
9780191815072
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198753445.003.0012
Subject:
Economics and Finance, Econometrics

Two types of models are considered: systems of regression equations and interdependent models. For the former systems, equations with only individual-specific random intercepts and equations with ... More


Endogenous money

Kazimierz Łaski

Jerzy Osiatyński and Jan Toporowski (eds)

in Lectures in Macroeconomics: A Capitalist Economy Without Unemployment

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198842118
eISBN:
9780191878169
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198842118.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics, History of Economic Thought

The capitalist economy is a money economy. But how is money created and destroyed? Is it exogenous, a limited resource like gold, or is it endogenous, emerging from processes of production and ... More


Populism and Patronage: Cross-national Evidence

Paul D. Kenny

in Populism and Patronage: Why Populists Win Elections in India, Asia, and Beyond

Published in print:
2017
Published Online:
October 2017
ISBN:
9780198807872
eISBN:
9780191845673
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198807872.003.0009
Subject:
Political Science, Democratization

This chapter tests the theory through a quantitative analysis of populist electoral success. It conducts a statistical analysis of the performance of populist candidates in all democracies across ... More


LOLR and Central Bank Risk-Taking

Ulrich Bindseil

in Monetary Policy Operations and the Financial System

Published in print:
2014
Published Online:
October 2014
ISBN:
9780198716907
eISBN:
9780191785559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198716907.003.0016
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter deepens the discussion of the implications of the LOLR function on central bank risk-taking. Four alternative answers have been given to this issue, namely that the central bank should, ... More


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