Showing 1 - 10 of 10,642
theory. Finally, a focus on efficiency leads economists to ask questions that other social sciences ignore. These ingredients …
Persistent link: https://www.econbiz.de/10012471484
on his approach to measurement and theory. The paper closes with the transcription of a brief autobiographical talk by …
Persistent link: https://www.econbiz.de/10012476606
Persistent link: https://www.econbiz.de/10000596963
This essay examines the idea and potential of a computational approach to theory,' discusses methodological issues … and the exposition of computational results. We argue that the study of a theory need not be confined to proving theorems …
Persistent link: https://www.econbiz.de/10012472915
For a long while after the explosion of macroeconomics in the 1970s, the field looked like a battlefield. Over time however, largely because facts do not go away, a largely shared vision both of fluctuations and of methodology has emerged. Not everything is fine. Like all revolutions, this one...
Persistent link: https://www.econbiz.de/10012464389
This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that … was first used to study business cycles and aggregate labor supply. Subsequently, the theory has been used to understand … methodology to address various quantitative questions come up with essentially the same answer--evidence that the theory has a …
Persistent link: https://www.econbiz.de/10012456255
abandonment of economic theory in applied work in the "experimentalist paradigm." We document the changes implied by the changing …-55, 1974-75 and 2007-08. We also show that, despite the partial abandonment of theory by applied microeconomists, the labor …
Persistent link: https://www.econbiz.de/10012456423
This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...
Persistent link: https://www.econbiz.de/10013210102
This paper advances the use of pre-analysis plans in non-experimental research settings. In a study of recent minimum wage changes, we demonstrate how analyses of medium- and long-run impacts of policy interventions can be pre-specified as extensions to short-run analyses. Further, our...
Persistent link: https://www.econbiz.de/10012629484
explaining short-run fluctuations in GNP. Theory and the empirical evidence suggest that the existence of intellectual property …
Persistent link: https://www.econbiz.de/10012473051