István Ábel
Dados Biográficos
| ID | 6536042 |
|---|---|
| NOME | István Ábel |
| PRENOMES | István |
| SOBRENOME | Ábel |
| ASSINATURA | ÁBEL I |
| AFILIAÇÕES | Budapest University of Economics and Business |
| ORCID | 0000-0001-6310-7890 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 3 |
| TOTAL DE CITAÇÕES | 0 |
| TOTAL COMO AUTOR | 3 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 2018 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2023 |
| ÍNDICE H | 0 |
Endogenous money, soft budget constraint and the banking regulation
A key observation of the endogenous money theory is that banks create deposits (money) by lending. This means that banks apparently face soft budget constraint in responding to demand for credit. However, there are several limiting factors, which can make the banks' money creation somewhat constrained, and can thus harden their budget constraint. Such factors include the need to preserve banks' profitability and the bank regulations (the capital …
Real and Monetary Theories of the Interest Rate
The origin of most mainstream theories about interest rates goes back to Irving Fisher. Fisher’s concept of the equilibrium real rate of interest and the related Wicksellian concepts of “natural” or “neutral” rate are assumed to be essential for inflation-targeting frameworks. It is believed that this assumption explains the widely and confidently held conviction that monetary policy should focus on inflation expectations to keep real interest ra…
A theory of economic cycles
The theory of economic motion was András Bródy’s main interest. This paper presents a simplifi ed framework of Bródy’s economics. His multi-sector production and price theory is based on the Marxian theory of value reinterpreted by using measurement considerations. Economic motion in this framework is driven by technology represented by the internal proportions of production, not by external shocks. Prices and proportions jointly determine the ec…
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A theory of economic cycles
The theory of economic motion was András Bródy’s main interest. This paper presents a simplifi ed framework of Bródy’s economics. His multi-sector production and price theory is based on the Marxian theory of value reinterpreted by using measurement considerations. Economic motion in this framework is driven by technology represented by the internal proportions of production, not by external shocks. Prices and proportions jointly determine the ec…
Real and Monetary Theories of the Interest Rate
The origin of most mainstream theories about interest rates goes back to Irving Fisher. Fisher’s concept of the equilibrium real rate of interest and the related Wicksellian concepts of “natural” or “neutral” rate are assumed to be essential for inflation-targeting frameworks. It is believed that this assumption explains the widely and confidently held conviction that monetary policy should focus on inflation expectations to keep real interest ra…
Endogenous money, soft budget constraint and the banking regulation
A key observation of the endogenous money theory is that banks create deposits (money) by lending. This means that banks apparently face soft budget constraint in responding to demand for credit. However, there are several limiting factors, which can make the banks' money creation somewhat constrained, and can thus harden their budget constraint. Such factors include the need to preserve banks' profitability and the bank regulations (the capital …
Economic Theory and Policy (3 obras) · Economics (3 obras) · Economic theories and models (2 obras) · Macroeconomics (2 obras) · Microeconomics (2 obras) · Monetary economics (2 obras) · Monetary policy (2 obras) · Bank regulation (1 obras) · Banking stability, regulation, efficiency (1 obras) · Budget constraint (1 obras)