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phenomenon of pluralism is only rudimentarily developed and the discourse between the different approaches is proceeding as … methodological pluralism in modern economics. …
Persistent link: https://www.econbiz.de/10010352773
After communicative planning theory (CPT) emerged in the 1980's, challenging assumptions and prevailing theories of planning, debates ensued among planning theorists that led to apparently opposing groups with little space for mutual learning. The most difficult obstacle is that critiques of CPT...
Persistent link: https://www.econbiz.de/10010332031
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...
Persistent link: https://www.econbiz.de/10010284033
The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...
Persistent link: https://www.econbiz.de/10011997038
The pluralism debate in economics that has been going on for two decades has not yet been able to provide an exhaustive …
Persistent link: https://www.econbiz.de/10012197950
The health care systems in the Nordic countries are facing key challenges. While the possibilities and willingness to expand health care resources are limited, the demand for health care are increasing due to continuous development of new medical technologies, changing demographics, increasing...
Persistent link: https://www.econbiz.de/10013208649
how the various policies that constitute a welfare state relate to each other, distinguishing between pluralism …, complementarity and substitutability. I interpret the empirical findings as being consistent with welfare pluralism, in the sense that …
Persistent link: https://www.econbiz.de/10013394340
Mainstream macroeconomics has pursued 'micro founded' models based on the explicit optimization by representative agents. The result has been a long and wasteful detour. But elements of the Lucas critique are relevant, also for heterodox economists. Challenging common heterodox views on...
Persistent link: https://www.econbiz.de/10010287886
The Chicago Fed dynamic stochastic general equilibrium (DSGE) model is used for policy analysis and forecasting at the …
Persistent link: https://www.econbiz.de/10010292149
methodology of constructing Dynamic Stochastic General Equilibrium (DSGE) consistent prior distributions for Bayesian Vector … Ravenna (2007) regarding structural VAR (SVAR) models and the normal prior density of the DSGE parameter vector. In line with … used to rank competing DSGE theories that aim to explain the same observed data (Geweke, 2005). Finally, motivated by the …
Persistent link: https://www.econbiz.de/10010368161