Endogenous and exogenous are economic terms to describe internal and external factors respectively affecting business production, efficiency, growth and profitability. You are not able to control all ...
The COVID-19 pandemic has spread around the world with a speed not known before and triggered a global economic crisis; with global GDP contracting by more than 6% in 2020 (World Bank 2021). This ...
The nature of monetary arrangements is often discussed without any reference to its detailed construction. We present a graphic representation that allows for a clear understanding of modern monetary ...