Nominal anchoring
Nominal anchoring

Author: Kata Balogh

Publisher: Language Science Press

Published:

Total Pages: 211

ISBN-13: 3961102848

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The papers in this volume address to different degrees issues on the relationship of articles systems and the pragmatic notions of definiteness and specificity in typologically diverse languages: Vietnamese, Siwi (Berber), Russian, Mopan (Mayan), Persian, Danish and Swedish. The main questions that motivate this volume are: How do languages with and without an article system go about helping the hearer to recognize whether a given noun phrase should be interpreted as definite, specific or non-specific? Is there clear-cut semantic definiteness without articles or do we find systematic ambiguity regarding the interpretation of bare noun phrases? If there is ambiguity, can we still posit one reading as the default? What exactly do articles in languages encode that are not analyzed as straightforwardly coding (in)definiteness? Do we find linguistic tools in these languages that are similar to those found in languages without articles? Most contributions report on research on different corpora and elicited data or present the outcome of various experimental studies. One paper presents a diachronic study of the emergence of article systems. On the issue of how languages with and without articles guide the hearer to the conclusion that a given noun phrase should be interpreted as definite, specific or non-specific, the studies in this paper argue for similar strategies. The languages investigated in this volume use constructions and linguistic tools that receive a final interpretation based on discourse prominence considerations and various aspects of the syntax-semantics interface. In case of ambiguity between these readings, the default interpretation is given by factors (e. g., familiarity, uniqueness) that are known to contribute to the salience of phrases, but may be overridden by discourse prominence. Articles that do not straightforwardly mark (in)definiteness encode different kinds of specificity. In the languages studied in this volume, whether they have articles or do not have an article system, we find similar factors and linguistic tools in the calculation process of interpretations. The volume contains revised selected papers from the workshop entitled Specificity, definiteness and article systems across languages held at the 40th Annual Conference of the German Linguistic Society (DGfS), 7-9 March, 2018 at the University of Stuttgart.

The Universal Structure of Categories
The Universal Structure of Categories

Author: Martina Wiltschko

Publisher: Cambridge University Press

Published: 2014-07-24

Total Pages: 377

ISBN-13: 1107038510

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Using data from a variety of languages, this book explores a range of grammatical categories and constructions, including tense, aspect, subjunctive, case and demonstratives. It presents a new theory of grammatical categories - the Universal Spine Hypothesis - and reinforces generative notions of Universal Grammar while accommodating insights from linguistic typology.

Essentials of International Economics
Essentials of International Economics

Author: Robert C. Feenstra

Publisher: Macmillan

Published: 2010-12-27

Total Pages: 644

ISBN-13: 1429277106

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Revision of the 2008 publication International economics, condensed to fifteen chapters and designed for single-semester courses combining international trade and macroeconomics. Second ed. also available in a 22-chapter version titled International economics.

Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality
Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality

Author: Jean-Robert Tyran

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 235

ISBN-13: 3642468837

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In principle, money illusion could explain the inertial adjustment of prices after changes of monetary policy. Hence, money illusion could provide an explanation of monetary non-neutrality. However, this explanation has been thoroughly discredited in modern economics. As a consequence, economists have ever since the 1970s searched for alternative explanations for nominal rigidity. These explanations are all based on the assumption of fully rational economic agents, holding rational expectations. This book argues that money illusion has been prematurely dismissed as an explanation of monetary non-neutrality. Methods of experimental economics are used to investigate the real aggregate effects of money illusion. It is shown that money illusion in fact causes (short-run) real income effects if strategic complementarity prevails. Strategic complementarity is an important characteristic of naturally occurring macroeconomies and is a recurrent theme in most models explaining nominal rigidity.

Economic Literacy and Money Illusion
Economic Literacy and Money Illusion

Author: Helena Chytilova

Publisher: Routledge

Published: 2017-07-14

Total Pages: 212

ISBN-13: 1315304457

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The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion induced by the rational expectations revolution. This book argues that money illusion seems to be a ubiquitous phenomenon, affecting various areas such as financial markets, housing markets, labor markets, consumption-saving decisions, and even development at the aggregate level induced by coordination issues. Furthermore, in light of the educational efforts of central banks and other institutions, it is worth considering whether solid economic training would provide guidance for the public regarding their decision-making and thereby alleviate the effects of money illusion. The emerging field of experimental economics provides a unique opportunity for us to verify the presence of money illusion. Specifically, attention is devoted to the experimental investigation of reduction in the direct and indirect effects of money illusion with respect to the level of economic literacy acquired through economic education. Economic Literacy and Money Illusion will be of interest to the general audience and to those who are interested in behavioral economics, economics education, and experimental economics, as well as to policy makers and institutions. Last but not least, it will help develop students’ interest in alternative economic theories. NB. The research and writing of this book was made possible with the support of the University of Economics, Prague, Faculty of Economics, Department of Economics.

Monetary Policy in Central and Eastern Europe
Monetary Policy in Central and Eastern Europe

Author: Mr.David K. H. Begg

Publisher: International Monetary Fund

Published: 1996-09-01

Total Pages: 92

ISBN-13: 145185305X

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The paper uses data from transition economies in Central and Eastern Europe to assess four questions: (i) Did the standard blueprint for stabilization work, and was it implemented? (ii) To what extent was normal macroeconomics impeded by solvency problems in banks, and how successful have been policies to improve incentives within banks? (iii) Could financial markets and other infrastructure for monetary policy have been developed more quickly? (iv) How should transition economies respond to the monetary inflows that typically accompany success? The paper concludes by evaluating the changing advice offered by external agencies during the 1990s.

Collected Works of Domenico Mario Nuti, Volume I
Collected Works of Domenico Mario Nuti, Volume I

Author: Saul Estrin

Publisher: Springer Nature

Published: 2023-05-20

Total Pages: 620

ISBN-13: 3031123344

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This book, the first of two volumes, brings together the work of Domenico Mario Nuti to highlight his significant and varied contribution to economics. Bringing together works from across Nuti’s career, his distinctive intellectual framework is exemplified in relation to discussions on the drivers of economic growth and development, the most efficient economic system, the organisation of firms, and how economies should be managed. This volume gives particular attention to socialist economic systems, and the transition of former socialist countries to market economies. This book, through the inclusion of an introduction, aims to contextualise his ideas and illustrate their continued relevance. It will be of wide interest to students and researchers.

Deflation
Deflation

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-01-19

Total Pages: 410

ISBN-13:

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What is Deflation In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%. Inflation reduces the value of currency over time, but deflation increases it. This allows more goods and services to be bought than before with the same amount of currency. Deflation is distinct from disinflation, a slowdown in the inflation rate; i.e., when inflation declines to a lower rate but is still positive. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Deflation Chapter 2: Macroeconomics Chapter 3: Gold standard Chapter 4: Inflation Chapter 5: Monetarism Chapter 6: Fiscal policy Chapter 7: Monetary policy of the United States Chapter 8: Monetary policy Chapter 9: Causes of the Great Depression Chapter 10: Liquidity trap Chapter 11: Disinflation Chapter 12: Real economy Chapter 13: Quantitative easing Chapter 14: Biflation Chapter 15: Monetary inflation Chapter 16: Debt deflation Chapter 17: Great Depression Chapter 18: Currency intervention Chapter 19: Bernanke doctrine Chapter 20: Lost Decades Chapter 21: Inflationism (II) Answering the public top questions about deflation. (III) Real world examples for the usage of deflation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Deflation.

Monetary Policy
Monetary Policy

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-01-21

Total Pages: 366

ISBN-13:

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What is Monetary Policy The policy that is adopted by the monetary authority of a nation to impact monetary and other financial conditions in order to achieve broader goals such as high employment and price stability is referred to as monetary policy. The contribution of monetary policy to economic stability and the maintenance of exchange rates that are predictable with respect to other currencies are two further aspects of monetary policy. In today's world, the majority of central banks in rich countries conduct their monetary policy within the framework of inflation targeting. On the other hand, the majority of central banks in developing countries target some type of fixed exchange rate regime with their monetary policies. Targeting the money supply is a third monetary policy technique that was widely used throughout the 1980s. However, its popularity has decreased since then, despite the fact that it is still the official strategy in a number of emerging nations. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Monetary policy Chapter 2: Central bank Chapter 3: Inflation Chapter 4: Interest rate Chapter 5: Monetary policy of the United States Chapter 6: Money supply Chapter 7: Exchange rate Chapter 8: Devaluation Chapter 9: Open market operation Chapter 10: Foreign exchange reserves Chapter 11: Money creation Chapter 12: Impossible trinity Chapter 13: Mundell-Fleming model Chapter 14: Plano Real Chapter 15: Inflation targeting Chapter 16: Currency intervention Chapter 17: Exchange-rate flexibility Chapter 18: Sterilization (economics) Chapter 19: History of monetary policy in the United States Chapter 20: Monetary policy of the Philippines Chapter 21: Fear of floating (II) Answering the public top questions about monetary policy. (III) Real world examples for the usage of monetary policy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Monetary Policy.