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In the 1930s, two Dutch economists, Jan Tinbergen and Jan Goudriaan, developed their own economic framework with competing ideas about the stability, equilibrium and dynamics of the economy. The debate between them lasted for more than twenty years. The purpose of this paper is to provide a...
Persistent link: https://www.econbiz.de/10013143067
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10005836148
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10005137010
Nancy Cartwright views models as blueprints for nomological machines - machines which, if properly shielded, generate lawlike behaviour or regularities. Marcel Boumans has argued that we can look for devices inside models which enable us to measure aspects of these regularities. So, if models do...
Persistent link: https://www.econbiz.de/10005137112
In the period before the second World War, the Dutch Bureau of Statistics had developed two sets of indicators of unemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of trade unions and the other one on statistical data of labour exchanges. This...
Persistent link: https://www.econbiz.de/10005137132
Nancy Cartwright views models as blueprints for nomological machines - machines that, if properly shielded, generate law-like behaviour or regularities. Marcel Boumans has argued that we can look for devices inside models, which enable us to measure aspects of these regularities. Therefore, if...
Persistent link: https://www.econbiz.de/10005496110
The establishment of appropriate policy measures for fighting unemployment has always been difficult since causes of unemployment are hard to identify. This paper analyses an approach used mainly in the 1960s and 1970s in economics, in which classification is used as a way to deal with such a...
Persistent link: https://www.econbiz.de/10005504957
This paper investigates two different procedures for the measurement of the NAIRU; one based on structural modeling while the other is a statisticai approach using Vector Auto Regression (VAR)-models. Both measurement procedures are assessed by confronting them with the dominant theory of...
Persistent link: https://www.econbiz.de/10005450803
This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
Persistent link: https://www.econbiz.de/10011172884
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10011257297