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Author: Truman Fassett Bewley
Publisher: CUP Archive
ISBN: 9780521389259
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
These articles should be helpful to anyone with training in economics.
Author: Truman Fassett Bewley
Publisher: CUP Archive
ISBN: 9780521389259
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
These articles should be helpful to anyone with training in economics.
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 9780521484602
Category : Business & Economics
Languages : en
Pages : 466
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Book Description
This book gives the reader a unique survey of the most recent advances in economic theory.
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 1107016045
Category : Business & Economics
Languages : en
Pages : 511
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Book Description
The first volume of edited papers from the Tenth World Congress of the Econometric Society 2010.
Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 0521871522
Category : Business & Economics
Languages : en
Pages : 431
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Book Description
Publisher description
Author: Julian Reiss
Publisher: Routledge
ISBN: 1317496825
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
What is the correct concept behind measures of inflation? Does money cause business activity or is it the other way around? Shall we stimulate growth by raising aggregate demand or rather by lowering taxes and thereby providing incentives to produce? Policy-relevant questions such as these are of immediate and obvious importance to the welfare of societies. The standard approach in dealing with them is to build a model, based on economic theory, answer the question for the model world and then apply the results to economic phenomena outside. Data come in, if at all, only in testing a limited number of the model's consequences. Despite some critical voices, economic methodology too has by and large subscribed to a "theory first" approach to applied economics. Error in Economics systematically develops an alternative to the theory-based orthodoxy. It places the methodical study of evidence at the centre of the scientific enterprise and thus provides a foundation for a methodology of evidence-based economics. But the book does not stop at the truism that claims should be based on the best available evidence. Rather, detailed studies in the areas of measurement, causal inference and policy analysis show what it means for a claim to be evidence-based in the context of a concrete case. The examples discussed concern topics as diverse as consumer price indices, radio spectrum auctions, the transmission mechanism, natural experiments on minimum wages and the evaluation of counterfactuals for policy. Error in Economics is essential reading for economic methodologists, philosophers of science and anyone interested in how claims about socio-economic matters are validated.
Author: Murat R. Sertel
Publisher: Springer Science & Business Media
ISBN: 9783540002673
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
Some of the finest and most recent research in economic and political design is presented. Among the authors are several prominent academics as well as many new and promising researchers. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and efficiency, regulation, the design of rights, mechanisms, games, hierarchies and information. The book is bound to become a standard reference as a collection displaying where we are and where we are going in a broad spectrum of areas in economic design.
Author: Karl Erik Wärneryd
Publisher: MIT Press
ISBN: 0262026899
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through voluntary agreement. In this volume, economists offer a crucial rational-choice perspective on conflict, using methodological approaches that range from the game theoretic to the experimental. This text uses the recently developed contest success function to model conflict, examining such topics as alliance formation, regional conflicts under fiscal federalism, coups d'etat in developing countries, and the correlation between conflict and economic growth in Bolivia. This text also considers subjects that include the link between occupational choices and antigovernment activity in Afghanistan, social unrest and the IMF's Structural Adjustment Program, and the effect of Tajikistan's civil war on ex-combatants' capacity for trust and cooperation. This text shows that economics needs a theory of conflict to understand both outright conflict and transactions in the shadow of conflict. It also shows that the study of conflict also needs the rigorous, methodology-based perspectives of economics.
Author: Frauke Schleer-van Gellecom
Publisher: Springer Science & Business Media
ISBN: 3642420397
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. This book contains theoretical, computational and empirical papers that incorporate nonlinearities in econometric models and apply them to real economic problems. It intends to serve as an inspiration for researchers to take potential nonlinearities in account. Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. It is indispensable to use the correct model type in order to avoid biased recommendations for economic policy.
Author: Filipe R. Campante
Publisher: LSE Press
ISBN: 1909890707
Category : Business & Economics
Languages : en
Pages : 420
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Book Description
Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.
Author: Christian Schmidt
Publisher: Routledge
ISBN: 1134511175
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work tha
