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phenomena by non-equilibrium statistical physics. -- Microfoundations ; neuroeconomics ; econophysics …
Persistent link: https://www.econbiz.de/10003843048
economic phenomena by non-equilibrium statistical physics. -- Microfoundations ; neuroeconomics ; econophysics …
Persistent link: https://www.econbiz.de/10003788885
This paper studies the fundamentals of the aggregation problem. The concept is most central in understanding the relations between micro and macroeconomics. Though aggregation is mentioned often it is not studied explicitly in this generality - only some special cases are governed so far. The...
Persistent link: https://www.econbiz.de/10012718255
straightjacket of optimizing microfoundations, the approach can provide a useful starting point for the analysis of dynamic …
Persistent link: https://www.econbiz.de/10011527443
The paper argues that the microfoundations programme can be understood as an implementation of an underlying … pluralist conclusion of the paper is not that research guided by the principle of microfoundations is necessarily wrong, but …
Persistent link: https://www.econbiz.de/10012971672
search for microfoundations he promoted did not aim at reconsidering the autonomy of Macro. It was instead subject to the …
Persistent link: https://www.econbiz.de/10013292178
In der Makroökonomik werden Liquiditätsfallen ohne Mikrofundierung als existent angenommen und die Japan-Krise hat Liquiditätsfallen wieder zum Diskussionsthema gemacht. Deshalb wird die Frage der Existenz von Liquiditätsfallen hier portfolio-theoretisch untersucht im Rahmen eines...
Persistent link: https://www.econbiz.de/10009491055
This paper gives an overview and evaluates the literature on Microfoundations. …
Persistent link: https://www.econbiz.de/10011349210
microfoundations was not raised for the first time in the 1960s or ‘70s, as is sometimes thought, but goes back to the very foundations … of Patinkin, Clower, and Barro and Grossman; and the more recent representative-agent microfoundations, starting with …
Persistent link: https://www.econbiz.de/10013147164
microfoundations was not raised for the first time in the 1960s or ‘70s, as is sometimes thought, but goes back to the very foundations … of Patinkin, Clower, and Barro and Grossman; and the more recent representative-agent microfoundations, starting with …
Persistent link: https://www.econbiz.de/10011603312