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Farmers' climate change conundrum: Low yields or revenue instability（图）
Farmers climate change conundrum Low yields revenue instability
2020/7/17
Climate change will leave some farmers with a difficult conundrum, according to a new study by researchers from Cornell University and Washington State University: risk more revenue volatility, o...
Keynesian Macrodynamics: Convergence, Roads to Instability and the Emergence of Complex Business Fluctuations
Keynesian dynamics wage and price Phillips curves persistent business cycles
2010/12/6
We reformulate the traditional AS-AD growth model, with a Taylor policy rule replacing the conventional LM-curve. The essential features of the model are gradually adjusting wages and prices, perfect ...
Multifractal analysis and instability index of prior-to-crash market situations
Multifractal analysis instability index prior-to-crash market situations
2010/11/2
We take prior-to-crash market prices (NASDAQ, Dow Jones Indus-trial Average) as a signal, a function of time, we project these discrete values onto a vertical axis, thus obtaining a Cantordust. We stu...
Abstract
Washington consensus and shock therapy forgot Keynesian lessons from the Great Depression: market instability and the active role of government in promoting growth. The severe output decline...