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Microfoundations Reconsidered
  • Language: en
  • Pages: 257

Microfoundations Reconsidered

Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of micr...

Economics and Engineering
  • Language: en
  • Pages: 300

Economics and Engineering

  • Type: Book
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  • Published: 2020-12-02
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  • Publisher: Unknown

None

Constructing Concepts of Optimal Monetary Policy in the Postwar Period
  • Language: en
  • Pages: 191

Constructing Concepts of Optimal Monetary Policy in the Postwar Period

  • Type: Book
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  • Published: 2007
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  • Publisher: ProQuest

This is a dissertation on the history of economic ideas in which I explore how economists constructed two specific concepts of optimal monetary policy in the post-World-War-II period in the United States, with a focus mostly on the period of the 1960s and the 1970s. In the second chapter I analyze the concept constructed by the use of a quadratic loss function, which was a tool used before in other disciplines like operations research and management science. My goal in this chapter is to understand how the tool crossed disciplinary boundaries and inaugurated a uniform and objective way of talking about optimal monetary policy. In this sense, the tool stabilized the discourse on optimality (W...

Frank Ramsey
  • Language: en
  • Pages: 537

Frank Ramsey

When he died in 1930 aged 26, Frank Ramsey had already invented one branch of mathematics and two branches of economics, laying the foundations for decision theory and game theory. Keynes deferred to him; he was the only philosopher whom Wittgenstein treated as an equal. Had he lived he might have been recognized as the most brilliant thinker of the century. This amiable shambling bear of a man was an ardent socialist, a believer in free love, and an intimate of the Bloomsbury set. For the first time Cheryl Misak tells the full story of his extraordinary life.

A History of Economic Thought in France
  • Language: en
  • Pages: 438

A History of Economic Thought in France

Traditionally, there has been a long and sustained interest in studying the history of economic ideas in France. Interest appeared to wane after World War II, but in recent decades, there has been a marked renaissance of interest and research in the contributions of French-speaking authors. Drawing on the flow of recent research, this book presents a new assessment of the history of political economy in France incorporating both novel presentations of some traditional subjects and topics that are not usually studied. This second volume analyses the evolution of political economy during the long nineteenth century, combining an assessment of both liberals and their opponents. Its first part c...

Economics and Ageing
  • Language: en
  • Pages: 371

Economics and Ageing

  • Type: Book
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  • Published: 2018-12-11
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  • Publisher: Springer

This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume introduces the different conceptualisations of age and definitions of `old age', as well as the main theories of individual ageing as developed in the disciplines of biology, psychology and sociology. It covers the economic theories of fertility, mortality and migration and describes the four main frameworks that can be used to study economics and ageing, namely the life cycle, the overlapping generations, the perpetual youth and the dynastic models.

The Elgar Companion to Recent Economic Methodology
  • Language: en
  • Pages: 553

The Elgar Companion to Recent Economic Methodology

Economic methodology has traditionally been associated with logical positivism in the vein of Milton Friedman, Karl Popper, Imre Lakatos and Thomas Kuhn. However, the emergence and proliferation of new research programs in economics have stimulated many novel developments in economic methodology. This impressive Companion critically examines these advances in methodological thinking, particularly those that are associated with the new research programs which challenge standard economic methodology. Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. T...

A Descendência De José Vieira Da Fonseca E Os Ribeiros Do Vale
  • Language: pt-BR
  • Pages: 426

A Descendência De José Vieira Da Fonseca E Os Ribeiros Do Vale

Genealogia das Familias Ribeiro do Vale, Fonseca, Garcia, Palma, Salgado e Vieira do Ramo de Fartura

Including a Symposium on Austrian Economics in the Postwar Era
  • Language: en
  • Pages: 432

Including a Symposium on Austrian Economics in the Postwar Era

The Research in the History of Economic Methodology (RHETM) 34A, includes original research from preeminent scholars in the field.

Equilibrium Models in Economics
  • Language: en
  • Pages: 289

Equilibrium Models in Economics

The purpose and problems for equilibrium models -- Equilibrium models and explanation -- Equilibrium attainment vs. equilibrium necessities -- Does general equilibrium attainment imply universal maximization? -- Time and knowledge matters : general equilibrium attainment -- Equilibrium concepts and critiques : two cultures -- The limits of equilibrium models -- Recognizing knowledge in equilibrium models -- Limits of equilibrium methodology an educational dialogue -- Equilibrium models vs. realistic understanding -- Macroeconomic equilibrium model building and the stability problem -- Equilibrium models intended to overcome limits -- Equilibrium models vs. evolutionary economic models -- Equilibrium models vs. complexity economics -- Building models of price dynamics -- Building models of non-clearing markets -- Building models of learning and the equilibrium process -- Bibliography -- Names index -- Subject index