Journal of Economic Integration, Vol. 40, No. 1 (March 2025), pp. 29-52 (24 pages) The aim of this study is to examine the impact of the recent geopolitical crisis on global equity, commodity, and ...

The tepid rise in August payrolls gives the Fed another data point to cite for cutting its target interest rate at the Sept.

Maybe China’s model does not pose a challenge. Rather, it may be in harmony with the free-market-based paradigm of neo-classical economics.

It is time to reject complacency, regain inventiveness and the reputation for producing goods and services of high quality ...

Performativity describes when an economic model comes to construct the reality it is meant to describe, instead of merely describing it.

Using insights from the 'socio-economics of labour markets' and building upon critical realist meta-theory, this paper offers the first sketch of a socio-economic model of labour markets as an ...

An analysis of energy markets with prices that vary according to demand finds that this market design unexpectedly serves to amplify, rather than dampen, fluctuations in power use.

A useful model The standard model of supply and demand taught in introductory economics is a good example of a useful economic model. Its basic purpose is to explain and analyze prices and quantities ...

A SUMMARY of economic models' best and worst features: • The American model. Good points: flexible labour and product markets; low taxes; fierce competition; and shareholder capitalism, which ...

Economic models often give people credit for being what may seem at a glance an unexceptional thing: fully rational beings pursuing our own self-interest. But as psychologists, such as 2002 Nobel ...