Similar Search Results

Economía política : un enfoque desde el punto de vista de la teoría del juego

Shubik, Martin - 1992 - 1. ed

Persistent link: https://www.econbiz.de/10000883676

The Rand journal of economics

Rand Corporation - Lawrence, Kan. : Corporation; Oxford : Wiley-Blackwell; … - 15.1984 -

Persistent link: https://www.econbiz.de/10001514825

The Rand journal of economics

Rand Corporation - Hoboken, NJ : Wiley; anfangs: Mount Morris, Ill. [u.a.] …; … - 15.1984 -

Persistent link: https://www.econbiz.de/10000368205

Fiscal policy and the nominal term premium

Kaszab, Lorant; Marsal, Ales - 2013

Distortionary income taxation in a standard New Keynesian model substantially increases the nominal term-premium on long-term bonds relative to a model with lumpsum taxes. Also the empirical level of the nominal term premium can be matched with lower risk-aversion coefficient in case of a model...

Persistent link: https://www.econbiz.de/10010222369

Uncertainty in Economics and the Economy of Uncertainty

Gasanov, Sergii - 2019

“fundamental uncertainty”, “ambiguity”, “probability” and “risk” are common and universal. For a long time in economic theory, the … neoclassical theory is the neglect of strong types of uncertainty, in particular fundamental uncertainty. The problem of … uncertainty is one of the central issues in the Keynesian, post-Keynesian, and institutional areas of economic theory. A deep …

Persistent link: https://www.econbiz.de/10012896353

General Equilibrium Theory, but Better

Kerr, Steven - 2019

I construct a general, game theoretic model of markets. Agents in the model choose how much of each good to supply/demand, and at what prices. Trading can occur at non-market-clearing prices. There is an explicit rationing mechanism that kicks in if markets fail to clear. The game is very...

Persistent link: https://www.econbiz.de/10012898752

Catch-Up Cycle : A General Equilibrium Framework

Liu, Peilin - 2015

Successful economic latecomers have certain stylized facts: an inverse U-shaped growth rate, high growth rates of per capita output with high capital returns, and rapid structural changes. In this paper, we document for the first time a catch-up cycle that successful latecomers likely...

Persistent link: https://www.econbiz.de/10013013657

Inventory Accelerator in General Equilibrium

Wang, Pengfei - 2009

We develop a general-equilibrium model of inventories with explicit micro-foundations by embedding the production-cost-smoothing motive (e.g., Eichenbaum, AER 1989) into an otherwise standard DSGE model. We show that firms facing idiosyncratic cost shocks have incentives to bunch production and...

Persistent link: https://www.econbiz.de/10012718471

Catch-up cycle : a general equilibrium framework

Liu, Peilin; Jia, Shen; Zhang, Xun - 2017

Certain stylized facts are common among successful economic latecomers: an inverse U-shaped gross domestic product and capital per capita growth rate, high growth rates during the catch-up period, and rapid structural changes. This paper, for the first time, proposes a general equilibrium...

Persistent link: https://www.econbiz.de/10011594388

An Example of Untranslatability : The Conceptual Structures of Marshall’s and Keynes’ Conceptions of Investment

Duran, Miguel A. - 2012

This paper discusses the following two hypotheses. The first one is based on the epistemological proposal which we have named the principle of discontinuity. It asserts that certain developments in the history of economic thought involve theoretical breaks which can only be fully explained by...

Persistent link: https://www.econbiz.de/10014198361

1
2
3
4
5
6
7
8
9
10
Next
Last