The study of Spanish entrepreneurship from a historical perspective is in a very early stage. This paper goes beyond previous ones by specifying a multivariate model for Spain for the whole twentieth century. A Schumpeterian model with the addition of supply, demand and institutional control...

In the post-war period, the economics department at the University of Chicago consciously designed an institutional infrastructure to support the application of the analytical tools of price theory, monetary theory and econometrics to the study of competitive markets. Drawing upon a particular...

The loss of risk-free status for US Treasuries carries significant implications for cash management and collateral operations, the functioning of market interest rate floors, notions of “risk-free” in accounting, financial and portfolio modeling applications, and likely foreshadows an...

We revisit the Cournot–Bertrand debate in the light of Cournot, Edgeworth and Launhardt, tracing back to Launhardt the origin of price competition in duopoly models with constant returns to scale. Then, we discuss the formalisation of consumer utility function for differentiated products,...

This paper challenges the widely held notion that the developments in computing are sufficient to explain the recent turn to applied economics. Developments in computer hardware were undoubtedly important. Yet, economists' appropriation of the new techniques allowed by computerization were...

L'economia politica è, tra le scienze umane, quella che maggiormente sperimenta l'attrazione verso i metodi quantitativi e in particolare verso la matematica e la statistica. Recentemente questa attrazione si è fatta ancor più forte che in passato, al punto che non è raro trovare, tra gli...

Philosophy of current knowledge distinguishes facts from values. It maintains that facts are objective, indisputable, universally verifiable and do not require to persuade. Since rhetoric is persuasion it is assumed to be deceptive and overlook reality. Therefore, statistics in its current form...

Philosophy of current knowledge distinguishes facts from values. It maintains that facts areobjective, indisputable, universally verifiable, and do not require to persuade. Since rhetoricis persuasion it is assumed to be deceptive and overlook reality. Therefore, statistics in itscurrent form...