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The effect of economic uncertainty on remittance flows from developed countries 经济不确定性对发达国家汇款流动的影响
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12634
Sèna Kimm Gnangnon

This article investigates the effect of economic uncertainty on remittances sent by migrants residing in developed countries to their home countries. The analysis builds on the economic uncertainty index developed by Ahir et al. that reflects the uncertainty related to economic and political events, regarding both near-term and long-term concerns. Economic uncertainty has deleterious effects on remittance outflows from developed countries, especially when uncertainty reaches high levels. Developing countries would therefore suffer from reduced remittance inflows if the current fragmentation of the world were to become protracted, resulting in higher barriers to the movement of capital and people.

本文研究了经济不确定性对居住在发达国家的移民向本国汇款的影响。分析以 Ahir 等人开发的经济不确定性指数为基础,该指数反映了与经济和政治事件有关的不确定性,既涉及近期问题,也涉及长期问题。经济不确定性会对发达国家的汇款外流产生有害影响,尤其是当不确定性达到较高水平时。因此,如果当前的世界分裂现象长期存在,导致资本和人员流动的障碍增加,发展中国家的汇款流入就会减少。
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引用次数: 0
The scholastic perspective on the time value of money and the contribution of Martín de Azpilcueta (1491–1586) 从学术角度看货币的时间价值和马丁-阿兹皮尔库埃塔(1491-1586 年)的贡献
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12651
Mohammadhosein Bahmanpour-Khalesi, Mohammadjavad Sharifzadeh

This study explores the historical background of the time value of money theory developed within the Austrian School, focusing on the contributions of its Scholastic antecedents. Although the Scholastics had a different starting point from the Austrians in analysing the nature of the time value of money, they ultimately reached a similar understanding. We present a new interpretation of Martín de Azpilcueta's theory, demonstrating that while he cannot be considered the sole originator of the time value of money theory, the role of Scholastic thinkers in its development should not be ignored.

本研究探讨了在奥地利学派内发展起来的货币时间价值理论的历史背景,重点关注其前身学派的贡献。虽然学派在分析货币时间价值的本质时与奥地利学派的出发点不同,但他们最终达成了相似的理解。我们对马丁-德-阿兹皮尔库埃塔的理论进行了新的诠释,表明虽然他不能被视为货币时间价值理论的唯一创始人,但学派思想家在该理论发展过程中的作用不容忽视。
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引用次数: 0
Ralph Hawtrey: A forgotten pioneer of macroeconomics 拉尔夫-霍特里被遗忘的宏观经济学先驱
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12647
David Glasner

This article considers the contributions of Ralph Hawtrey to monetary theory and macroeconomics, focusing on his monetary business cycle theory and his monetary explanation of the Great Depression. Unlike Milton Friedman's US-centred explanation of the Great Depression, Hawtrey's was focused on the international gold standard that collapsed with the outset of World War I and the attempt to restore it. Hawtrey urged that, after restoration of the gold standard, increased monetary demand for gold be restrained to prevent gold appreciation and deflation. But deliberate French gold accumulation in 1928 and interest-rate increases by the Federal Reserve, led to the ruinous deflation foreseen by Hawtrey. The article then critically evaluates recent discussions of Hawtrey's contributions in books by Hetzel (2023) and Mattei (2022).

本文探讨了拉尔夫-霍特里对货币理论和宏观经济学的贡献,重点是他的货币商业周期理论及其对大萧条的货币解释。与米尔顿-弗里德曼以美国为中心对大萧条的解释不同,霍特里的解释侧重于随着第一次世界大战爆发而崩溃的国际金本位制以及恢复金本位制的尝试。霍特里敦促在恢复金本位之后,抑制对黄金的货币需求增长,以防止黄金升值和通货紧缩。但法国在 1928 年蓄意积累黄金以及美联储提高利率,导致了霍特里所预见的毁灭性通货紧缩。文章随后批判性地评价了最近在 Hetzel(2023 年)和 Mattei(2022 年)的著作中对霍特里贡献的讨论。
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引用次数: 0
Monetary system stability as a precondition for local and international order 货币体系的稳定是地方和国际秩序的先决条件
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12642
Paul Tucker
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引用次数: 0
May contain lies: How stories, statistics and studies exploit our biases – and what we can do about it By Alex Edmans. Penguin Random House. 2024. pp. 310. £18.99 (hbk). ISBN: 978-0241630167. £9.99 (ebk). ISBN: 978-0241630174 可能包含谎言:故事、统计和研究如何利用我们的偏见--以及我们能做些什么 作者:亚历克斯-埃德曼斯。企鹅兰登书屋。 2024. pp. 310.18.99英镑(精装本)。ISBN: 978-0241630167.ISBN: 978-0241630174
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12649
Andy Mayer
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引用次数: 0
Do social justice fallacies imply social justice is a fallacy? 社会正义谬论是否意味着社会正义是一种谬论?
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12637
Kaveh Pourvand
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引用次数: 0
Rebuilding the Roman imperial currency in nineteenth century Britain 在十九世纪的英国重建罗马帝国货币
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12641
George Maher
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引用次数: 0
How did Britain come to this? A century of systemic failures of governance By Gwyn Bevan. LSE Press. 2023. 326 pp. £26.00 (pbk). ISBN: 978-1911712107. Free (PDF). ISBN: 978-1911712114 英国何以沦落至此?一个世纪的系统性治理失败 作者:Gwyn Bevan。伦敦政治经济学院出版社。 2023.326 pp.26.00 英镑(平装本)。ISBN:978-1911712107。免费 (PDF)。ISBN: 978-1911712114
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12629
Christopher Snowdon
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引用次数: 0
Seven crashes: The economic crises that shaped globalisation By Harold James. Yale University Press. 2023. 376 pp. £20.00 (hbk). ISBN: 978-0300263398. £12.34 (ebk). ISBN: 978-0300271492 七次崩溃:塑造全球化的经济危机 作者:哈罗德-詹姆斯。耶鲁大学出版社。 2023.376 pp.20.00 英镑(精装本)。ISBN:978-0300263398。12.34英镑(电子书)。ISBN: 978-0300271492
IF 1 Q3 ECONOMICS Pub Date : 2024-06-27 DOI: 10.1111/ecaf.12632
Geoffrey Wood
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引用次数: 0
Not following the script: When institutional development is uneven 不按部就班:当机构发展不平衡时
IF 1 Q3 ECONOMICS Pub Date : 2024-06-17 DOI: 10.1111/ecaf.12650
Ryan H Murphy

Three characteristics of developed twenty-first century countries are high levels of state capacity, democracy, and economic freedom. This article compares countries that lack one of the characteristics with countries that have more even levels of institutional development. Countries which lack democracy use other means to secure political legitimacy, and those without strong states are geographically concentrated in Latin America and eastern Europe. Those without liberalised economic institutions are an idiosyncratic group that have unconventional historical paths. These findings speak to the prospects for development outside the liberal democratic path, the nature of development in the absence of a state, and unexplored determinants of economic freedom.

21 世纪发达国家的三个特征是高水平的国家能力、民主和经济自由。本文将缺乏其中一个特征的国家与制度发展水平较为均衡的国家进行比较。缺乏民主的国家使用其他手段来确保政治合法性,而那些没有强大国家的国家在地理上主要集中在拉丁美洲和东欧。那些没有自由化经济体制的国家是一个特立独行的群体,它们有着非常规的历史道路。这些发现说明了自由民主道路之外的发展前景、无国家状态下的发展性质以及尚未探索的经济自由决定因素。
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引用次数: 0
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