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One important observation is velocity is slower than monetary growth. So at the individual level that means decisions are irrelevant- whether you spend or not you're unlikely to stop the monetary growth. Businesses anticipate price growth without the consumer doing anything. Asset purchases cause prices without any consumption. There is pretty substantial ...


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Value, Competition and Exploitation by Cogliano, Flaschel, Franke, Fröhlich and Veneziani, Classical Political Economics and Modern Capitalism by Tsoulfidis and Tsaliki provide formalizations of classical/Marxian approach, you can find them on libgen.


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This looks like a contest. There is a large economic literature on contests. Have a look at this survey by Corchón and Serena. Often these papers use a Tullock contest success function or model the contest as an all-pay auction, see, e.g., papers by Ron Siegel. There are papers that analyze given contests (research contests, lobbying, etc) and papers that ...


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Almost all textbooks on game theory include a part on cooperative game theory and therefore also treat Nash bargaining. A random sample ($n=3$) from my shelf produced this one, this one, and this one.


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How about "Nowcasting" by Banbura, Marta; Giannone, Domenico; Reichlin, Lucrezia (2010). Main body is 22 pages long. From the introduction of the paper: Economists have imperfect knowledge of the present state of the economy and even of the recent past. Many key statistics are released with a long delay and they are subsequently revised. As a ...


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The literature on this issue flip flops. The first seminal study by Sellin (1959)¹ did not find any significant effect, but early literature was riddled with methodological errors. Ehrlich’s (1975)² study at the time was far more sophisticated, and it showed a strong deterrent effect of capital punishment. However, ironically, this study later too became ...


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The death penalty as a deterrent to crime is ineffective is the prevailing view amongst researchers and experts in the field of criminology. Some studies would indicate that there is no correlation between the death penalty and the reduction of violent crime. However, like any topic, you can find contrarian views that say there is no conclusive evidence to ...


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does this negatively affect their power to create added value for the future? You seem to answer your own question ("bank loan aids given disproportionately to the firm's assets will definitely reduce its power to generate added value", emphasis added), but the conclusion does not follow from the premise. Basically you have a preconceived idea and ...


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