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Colander, David - In: Journal of Economic Issues 48 (2014) 2, pp. 485-492

history of the profession's current policy story, and argues that a newly developed complexity theory offers a richer policy …

Persistent link: https://www.econbiz.de/10010781626

Policy and state in complexity economics

Elsner, Wolfram - 2017

Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the … theoretical and empirical findings are consistent with older heterodox research interests and predictions. Economic complexity is … perceived complexity, and generating social institutions. Boosted by the financial crisis 2008ff., a surge to explore complexity …

Persistent link: https://www.econbiz.de/10011660103

Optimal policies, control theory and technology exports

Brunner, Karl (ed.); Meltzer, Allan H. (contributor) - Carnegie Rochester Conference on Public Policy <1976, … - 1977

Persistent link: https://www.econbiz.de/10000064465

Fear of model misspecification and the robustness premium

Angelopoulos, Konstantinos; Malley, James R. - 2010

Robust decision making implies welfare costs or robustness premia when the approximating model is the true data generating process. To examine the importance of these premia at the aggregate level we employ a simple two-sector dynamic general equilibrium model with human capital and introduce an...