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The Capital Idea and the Scope of Economics

Lewin, Peter - In: The Review of Austrian Economics 18 (2005) 2, pp. 145-167

This paper traces the idea of Capital from Adam Smith to modern times and shows how different conceptions of Capital give rise to different approaches to economics and the range of problems that can be investigated. A structural, as opposed to a stock, approach to Capital is shown to be more...

Persistent link: https://www.econbiz.de/10005722280

Why the structure of capital and the useful lives of its components matter: A test based on a model of Austrian descent

Bitros, George - In: The Review of Austrian Economics 21 (2008) 4, pp. 301-328

Persistent link: https://www.econbiz.de/10005722332

Invariances and Diversities in the Patterns of Industrial Evolution: Some Evidence from Italian Manufacturing Industries

Bottazzi, G.; Cefis, E.; Dosi, G.; Secchi, A. - In: Small Business Economics 29 (2007) 1, pp. 137-159

This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level and disaggregated sectoral levels. Using an extensive dataset on Italian manufacturing firms, we investigate which properties of firm growth dynamics are robust under...

Persistent link: https://www.econbiz.de/10005722704

Asymmetry and the Problem of Aggregation in the Euro Area.

Mayes, D.G.; Viren, M. - 2000

This paper highlights the implications for EU macroeconomic policy at a relatively disaggregated level when key economic relationships are nonlinear or asymmetric. Using data for the EU and OECD countries we show that there are considerable non-linearities and asymmetries in the Phillips and...

Persistent link: https://www.econbiz.de/10005660781

Combining Objects with Rules to Represent Aggregation Knowledge in Data Warehouse and OLAP Systems

Akoka, Jacky; Comyn-wattiau, Isabelle; Prat, Nicolas - ESSEC Business School - 2009

makers navigate through and analyze multidimensional data. Typically, users need to analyze data at different aggregation … levels (using roll-up and drill-down functions). Therefore, aggregation knowledge should be adequately represented in … multidimensional models poorly represent aggregation knowledge, which (1) has a complex structure and dynamics and (2) is highly …

Persistent link: https://www.econbiz.de/10008484536

The aggregate Le Chatelier Samuelson principle with Cournot competition

Koebel, Bertrand M.; Laisney, François - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...

Persistent link: https://www.econbiz.de/10008556006

Representative Consumer's Risk Aversion and Efficient Risk-Sharing Rules

Hara, C.; Kuzmics, Christoph - Faculty of Economics, University of Cambridge - 2004

We study the representative consumer's risk attitude and efficient risk-sharing rules in a single-period, single-good economy in which consumers have homogeneous probabilistic beliefs but heterogeneous risk attitudes. We prove that if all consumers have convex absolute risk tolerance, so must...

Persistent link: https://www.econbiz.de/10005113739

Aggregation with a mix of indivisible and continuous labor supply decisions

Vasilev, Aleksandar - In: International Journal of Social Economics 43 (2016) 12, pp. 1507-1512

sets, and aggregation over individual preferences. Findings With a mix of discrete and continuous labor supply decisions … aggregation literature. …

Persistent link: https://www.econbiz.de/10014807264

Spatial Economic-Hydroecological Modelling and Evaluation of Land Use Impacts in the Vecht Wetlands Area

Bergh, J.C.J.M. van den; Barendregt, A.; Gilbert, A.; … - Tinbergen Instituut - 2000

Wetlands provide many important goods and services to human societies, and generate nonuse values as well. Wetlands are also very sensitive ecosystems that are subject to much stress from human activities. Reducing the stress on wetlands requires a spatial matching between physical planning,...

Persistent link: https://www.econbiz.de/10011257640

Forecasting Aggregate Productivity using Information from Firm-Level Data

Bartelsman, Eric J.; Wolf, Zoltan - Tinbergen Instituut - 2009

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...

Persistent link: https://www.econbiz.de/10011257659