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Goodreads helps you keep track of books you want to read. Start by marking The Rate of Growth and the Rate of Interest in the Socialist Economy as Want to Read: Want to Read savin. ant to Read. Read by Kazimierz Laski. The rate of growth and the rate of interest in the socialist economy (Studies in comparative economic systems, v. 4. Studien uber Wirtschafts-und Systemvergleiche, Bd. 4). ISBN.
aski studied political economy at the Academy of Political Sciences (Akademia Nauk Politycznych) from 1945 . The outcome of this work was his book The Rate of Growth and the Rate of Interest in a Socialist Economy
aski studied political economy at the Academy of Political Sciences (Akademia Nauk Politycznych) from 1945, obtaining a master's degree (magisterium) in 1948, and at the University for Planning and Statistics (Szkoła Główna Planowania i Statystyki – SGPiS) in Warsaw. The outcome of this work was his book The Rate of Growth and the Rate of Interest in a Socialist Economy. In this book, the profit rate is a distributional category, and the interest rate is a determinant of choice of production methods.
Part of the Studien über Wirtschafts- und Systemvergleiche book series (STUDIEN). C/f G. Adler-Karlsson, Western Economic Warfare 1945-1967. Uppsala 1968, chapter 15.
Higher interest rates tend to reduce inflationary pressures and cause an appreciation in the exchange rate. Rising interest rates affect both consumers and firms. Therefore the economy is likely to experience falls in consumption and investment. Higher interest rates have various economic effects: Effect of higher interest rates. Increases the cost of borrowing. Government debt interest payments increase. The UK currently pays over £30bn a year on its national debt. Higher interest rates increase the cost of government interest payments.
Author : Kazimierz Laski. Publisher : Springer. R.,470 kart (Shipping charges may apply).
The study finds that interest rate is exogenously determined in transitory economies where real interest rate .
The study finds that interest rate is exogenously determined in transitory economies where real interest rate through its multiple channels is not only negative but also restricts the economy to sustain its respective transitional level and to achieve steady state growth rate. This paper examines the issue of the existence of threshold effects in the relationship between inflation rate and growth rate of GDP in the context of Malaysia, using new endogenous threshold autoregressive (TAR) models proposed by Hansen (2000) for estimation and inference. The empirical analysis uses annual data from Malaysia for the period 1970–2005.
or natural rate of interest is then defined as the real interest rate that a Central Bank needs to target if it was to keep the economy at capacity. Assuming a Central Bank succeeds in keeping rates close and symmetric around its inflation target, it can be thought of as the intercept of the Taylor rule that appropriately describes the Central Bank’s reaction function minus the inflation target. While the concept of natural or neutral interest rates is quite intuitive, the rate is not observable.
The interest rate on a LT bond will equal an average of the current ST interest rate and the expected future ST rate.
Economic Calculation in the Socialist Commonwealth" is an essay by Austrian School economist Ludwig von Mises. Its critique against economic calculation in a planned economy triggered the decades-long economic calculation debate. The article was first published 1920 in German under the title " Die Wirtschaftsrechnung im sozialistischen Gemeinwesen " It is based on a lecture Mises gave in 1919 as a response to a book by Otto Neurath arguing for the feasibility of central planning