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This paper studies how stable over time are the so-called "structural parameters" of dynamic stochastic general equilibrium (DSGE) models. To answer this question, we estimate a medium-scale DSGE model with real and nominal rigidities using U.S. data. In our model, we allow for parameter...
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This paper builds on the author's earlier work (1991, 1994, 1997a), which examines issues of agency in the Moral Sentiments and Wealth of Nations, by arguing that the emphasis, in debates about the so-called "Adam Smith problem", on construing questions about human nature in terms of "motives to...
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Beyond the 'anguish of affluence' / James Ronald Stanfield & Michael C. Carroll -- Personalist economics : Danner's framework for the good life / Maryann O. Keating -- Personalism vs. individualism : a critical historical perspective / GianDemetrio Marangoni & Stefano Solari -- Personalism in...
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