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The neoclassicals' conundrum: If Adam Smith is the father of economics, it is a bastard child
Valdes Viera, Oscar - 2017
Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity …, and the field of study he afforded to political economy. Instead, early neoclassical economists parted ways with the …
Persistent link: https://www.econbiz.de/10011784683
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Rhetoric in Economic Research: The Case of Gender Wage Differentials
Weichselbaumer, Doris; Winter-Ebmer, Rudolf - 2003
Scientific rhetoric can have a profound impact on the perception of research; it can a lso drive and direct further research efforts. What determines whether results are discussed in a neutral or a judgmental way? How precise and convincing must results be so that authors call for significant...
Persistent link: https://www.econbiz.de/10010294572
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Structural change in industrial output: China 1995-2010
Albala-Bertrand, Jose-Miguel - 2015
The aim of this paper is to learn about some patterns of sectoral and industrial structural change of the Chinese economy over the 1995-2010 period. To such a purpose, we set up a quantitative methodology via input-output modelling, which allows us to decompose gross output into some key demand...
Persistent link: https://www.econbiz.de/10011381013
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Evolution of structural indicators. China and regions: 1981 - 2010
Albala-Bertrand, Jose Miguel - 2013
This paper deals with some structural indicators and their evolution, in China and regions, over the period 1981-2010. We first produce estimates of the optimal productivities of incremental capital and the optimal incremental income elasticity of capital by means of a linear programming...
Persistent link: https://www.econbiz.de/10010368170
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What determines demand for digital community currencies? OurVillage in Cameroon
Pédussel Wu, Jennifer; Metzger, Martina; Neira, … - 2023
Community currency systems are now turning to digital methods to increase the social outreach of member households in remote areas, mitigate detrimental effects in times of crises, and promote community social cohesion. The resilience of digital community currency systems depends on a set of...
Persistent link: https://www.econbiz.de/10014282607
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A stock-flow approach to a general theory of pricing
Pilkington, Philip - 2013
The paper seeks to lay out a stock-flow-based theoretical framework that provides a foundation for a general theory of pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value placed on goods by consumers. It does not take into...
Persistent link: https://www.econbiz.de/10010513048
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Industrial interdependence: China 1995 - 2010
Albala-Bertrand, Jose-Miguel - 2016
This paper is a continuation of our study of structural change in China and deals with the changes of domestic industrial/sectoral backward and forward linkages (i.e. the pull and push of the economy) as well as the changes in their domestic and imported components (i.e. via import...
Persistent link: https://www.econbiz.de/10011796526
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Misinterpreting a failure to disconfirm as a confirmation: A recurrent misreading of significance tests
Mayer, Thomas - 2001
When a significance test fails to disconfirm a hypothesis economist often interpret this as evidence that this hypothesis is valid. Six such examples are cited from recent journals. But this is a misinterpretation of what significance tests show. Presumably this misinterpretation is founded on...
Persistent link: https://www.econbiz.de/10010318592
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A frequent misuse of significance tests
Mayer, Thomas - 2001
Economists sometimes interpret the failure of a significance test to disconfirm a hypothesis as evidence that this …
Persistent link: https://www.econbiz.de/10010318617
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Ziliak and McClosky's criticisms of significance tests: A damage assessment
Mayer, Thomas - 2012
D. N. McCloskey and Stephen Ziliak have criticized economists and others for confounding statistical and substantive … function of significance tests. Nonetheless, economists sometimes make both of these errors - but not nearly as often as Ziliak … about, is not a scientific question. Their complaint that in testing significance economists often do not take the loss …
Persistent link: https://www.econbiz.de/10010282075