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RBC Methodology and the Development of Aggregate Economic Theory
Prescott, Edward C. - 2016
asset pricing, growth miracles and disasters, monetary economics, capital accounts, aggregate public finance, economic …
Persistent link: https://www.econbiz.de/10012456255
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Theory and Measurement : Emergence, Consolidation and Erosion of a Consensus
Biddle, Jeff E. - 2016
We identify three separate stages in the post-World War II history of applied microeconomic research: A generally non-mathematical period; a period of consensus (from the 1960s through the early 1990s) characterized by the use of mathematical models, optimization and equilibrium to generate and...
Persistent link: https://www.econbiz.de/10012456423
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Testing Trade Theory in Ohlin's Time
Estevadeordal, Antoni - 2002
An empirical tradition in international trade seeks to establish whether the predictions of factor abundance theory match present-day data. In the analysis of goods trade and factor endowments, mildly encouraging results were found by Leamer et al. But ever since the appearance of Leontief's...
Persistent link: https://www.econbiz.de/10012469873
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Testing Trade Theory
Leamer, Edward E. - 1992
This review of the empirical literature in international micro economics observes that data have had a disappointingly …
Persistent link: https://www.econbiz.de/10012475024
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The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty
Autor, David H. - National Bureau of Economic Research - 2022
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
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The labor market impacts of technological change: from unbridled enthusiasm to qualified optimism to vast uncertainty
Autor, David H. - 2022
Persistent link: https://www.econbiz.de/10013466111
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The New Comparative Economics
Djankov, Simeon - 2003
In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The …
Persistent link: https://www.econbiz.de/10012469090
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Ricardo's Theory of Comparative Advantage : Old Idea, New Evidence
Costinot, Arnaud - 2012
When asked to name one proposition in the social sciences that is both true and non-trivial, Paul Samuelson famously replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo's theory of comparative advantage is mathematically...
Persistent link: https://www.econbiz.de/10012460690
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Economic Imperialism
Lazear, Edward P. - 1999
Economics is not only a social science, it is a genuine science. Like the physical sciences, economics uses a …, economics stresses three factors that distinguish it from other social sciences. Economists use the construct of rational … have allowed economics to invade intellectual territory that was previously deemed to be outside the discipline's realm …
Persistent link: https://www.econbiz.de/10012471484
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The Influence of Irving Fisher on Milton Friedman's Monetary Economics
Bordo, Michael D. - 2011
This paper examines the influence of Irving Fisher's writings on Milton Friedman's work in monetary economics. We focus … building blocks for later students of monetary economics. Thus, the Chicago School of the 1930s absorbed Fisher's approach, and …
Persistent link: https://www.econbiz.de/10012461390