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Sraffa's Prices
Afriat, Sydney - Dipartimento di Economia Politica e Statistics, … - 2006
First we consider the existence question in Sraffa’s Chapter I dismissed by counting equations and unknowns. A theorem from the theory of Markov processes, applied to distributions not now of probability but of goods to sectors, shows the general existence of non-negative prices satisfying the...
Persistent link: https://www.econbiz.de/10005766468
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Neglected implications of neoclassical capital-labour substitution for investment theory:another criticism of Say's Law
Petri, Fabio - Dipartimento di Economia Politica e Statistics, … - 2013
'neoclassical synthesis' criticism of Keynes. The way a negatively interest-elastic investment function is obtained by Romer without …
Persistent link: https://www.econbiz.de/10010714056
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Maurice Allais on Equilibrium and Capital in some of his 1940s Writings
Dvoskin, Ariel - Dipartimento di Economia Politica e Statistics, … - 2013
The article discusses M. Allais’ contributions on equilibrium and capital during the 1940s. While in his Traité (1943) Allais formalizes for the first time an intertemporal general equilibrium (IGE) in a finitehorizon economy, he subsequently abandons this notion, and in the Économie (1947)...
Persistent link: https://www.econbiz.de/10010758403
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On Diffusion of Ideas in the Academic World: the Case of Spatial Econometrics
Sarafoglou, Nikias; Paelinck, Jean H.P. - Dipartimento di Economia Politica e Statistics, … - 2007
Spatial econometrics is a fast-growing field in the series of quantitative disciplines, auxiliaries of economics and related social sciences. Space, friction, interdependence, spatiotemporal components, externalities and many other aspects interact and should be treated adequately in this field....
Persistent link: https://www.econbiz.de/10005572319
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On John Maynard Keynes’s Anti-Semitism Once Again. A documentary Note
Fiorito, Luca - Dipartimento di Economia Politica e Statistics, … - 2014
This note presents new archival evidence about John Maynard Keynes’ attitudes toward Jews. The relevant material is … Russell and Kahn asking for their personal reminiscences concerning Keynes’ anti-Semitic utterance. In their brief but still … significant responses, both Russell and Kahn firmly denied any hint of anti-Semitism in Keynes, thereby providing significant …
Persistent link: https://www.econbiz.de/10010960064
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Quel pasticciaccio brutto dell’euro
Cesaratto, Sergio - Dipartimento di Economia Politica e Statistics, … - 2013
Il saggio illustra la spiegazione Classico-Kaleckiana della crisi dell’Eurozona domandandosi se essa sia un effetto indesiderato o possa, invece, rappresentare il dispiegamento dei veri obiettivi anti-sociali della moneta unica. Si esaminano poi le possibili vie d’uscita, inclusa quella di...
Persistent link: https://www.econbiz.de/10010690362
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Ellsberg Rules and Keynes’s State of Long-Term Expectation: More Than an Accordance
Basili, Marcello - Dipartimento di Economia Politica e Statistics, … - 2013
This paper advances an intuitive way to represent Keynes’s notion of long-term expectation. The epsilon …-contamination approach is introduced and a rational and coherent decision rule is derived. The result is evidence that Ellsberg and Keynes …
Persistent link: https://www.econbiz.de/10010714054