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Persistent link: https://www.econbiz.de/10010905529
inflation, as the Monetarists have assumed. And he contends that inflation is in any case not the overwhelming satanic force …
Persistent link: https://www.econbiz.de/10005233399
What are the real effects of inflation? These collected articles constitute what is perhaps the definitive study of … pricing models under inflation, providing a solid basis for further research on this elusive question. Covering a broad range … of theory and applications by well-known microeconomists, the eighteen contributions evaluate the effects of inflation on …
Persistent link: https://www.econbiz.de/10004973091
the field of international economics. Collected for the first time in Exchange Rates and Inflation, twenty-two of these … rate economics, equilibrium real exchange rates, and inflation and stabilization. Each part includes an introduction that …
Persistent link: https://www.econbiz.de/10004973207
between inflation and unemployment; subsequently, the "Phillips curve" became a central concept in macroeconomic analysis and … of price setting behavior, the determinants of inflation, and the role of monetary policy have evolved significantly … about price and wage setting and inflation expectations that would improve the way we use and formulate the Phillips curve …
Persistent link: https://www.econbiz.de/10008587776
Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--that is, where economic activity occurs and why. Using new tools--in particular, modeling techniques developed to analyze industrial organization, international trade, and economic...
Persistent link: https://www.econbiz.de/10005233358
This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"—a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of...
Persistent link: https://www.econbiz.de/10005233383
The research reported in this book fulfills both a general and a specific purpose. Linear programming models are developed in order to improve the process of planning for economic development, both short-term and long-term. The models are then implemented with data taken from the Indian economy...
Persistent link: https://www.econbiz.de/10005237351
General equilibrium and AGE modeling are both active fields of research. Yet the applied model builder often finds the style of theoretical papers inaccessible, while the theoretician hardly recognizes the concepts used in the equations of applied models. The Structure of Applied General...
Persistent link: https://www.econbiz.de/10005237368
The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses...
Persistent link: https://www.econbiz.de/10005237377