What are the potential effects of government debt in neoclassical models?

... theory, [in:] Mathematical Foundations of Information Flow, S. Abramsky, M ... [53] WINRICH J.S., Self-reference and the incomplete structure of neoclassical ... Sep 8, 2017 ... Neoclassical economics assumes that there is “free and costless movement of capital and labor and perfect and ubiquitous information flows ... Practical economists who could not ignore the bouts of unemployment which had plagued capitalism since its inception talked of the neoclassical synthesis: using ... Nov 6, 2024 ... Most research in finance and economics—whether for factors, asset allocation, or anomalies—relies on daily, monthly, or quarterly data. For most ... ... economics academy. Keywords. Amartya Sen, Thorstein Veblen, Capability Approach, Neoclassical Economics, Economic. Methodology/Ontology. Page 3. Forthcoming in ... Amartya Sen as a Neoclassical Economist. Antonis RagkousisView further author information. Pages 24-58 | Published online: 28 Feb 2024. Cite this article ... Information asymmetry is in contrast to perfect information, which is a key assumption in neo-classical economics. In 1996, a Nobel Memorial Prize in Economics ... Instead, they see markets as institutions that have evolved to solve information problems. According to Hayek, neoclassical economics got itself into trouble by ... ... (neoclassical) economics.Focusing on the centrality of information/communication to economic and ecological processes, Communication and the Transformation ... Research Library. Summarizing the latest research in economic development ... I argue that to get beyond the neoclassical fallacy, economists have to stop relying ...