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Growth.
Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration is that it requires highly restrictive assumptions about technology and preferences, such as fixed i…
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- 0262276429
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- 1 online resource (478 pages).
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Living standards and the wealth of nations :successes and failures in real co…
A group of prominent international economists consider what makes for successful convergence--what policies and economic conditions help poor countries catch up to the living standards of rich countries.The question of convergence, or under what conditions the per capita income levels of developing countries can catch up to those found in advanced economies, is critical for understanding econom…
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- ISBN/ISSN
- 9780262267618
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- 1 online resource (vi, 434 pages) :illustrations
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NBER macroeconomics annual
This 20th edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The papers and discussions include an analysis of the differential between American and European unemployment rates, with the authors of the paper taking issue with Edward Prescott's view that higher European tax rates are responsible; a pro…
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- ISBN/ISSN
- 9780262273732
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- 1 online resource (xviii, 459 pages) :illustrations, charts.
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Models of bounded rationality.
Available through MITCogNet.Offering alternative models based on such concepts as satisficing (acceptance of viable choices that may not be the undiscoverable optimum) and bounded rationality (the limited extent to which rational calculation can direct human behavior), Simon shows concretely why more empirical research based on experiments and direct observation, rather than just statistical an…
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- ISBN/ISSN
- 9780262283649
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- 1 online resource :illustrations
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Models of a man :essays in memory of Herbert A. Simon
Essays that pay tribute to the wide-ranging influence of the late Herbert Simon, by friends and colleagues.Herbert Simon (1916-2001), in the course of a long and distinguished career in the social and behavioral sciences, made lasting contributions to many disciplines, including economics, psychology, computer science, and artificial intelligence. In 1978 he was awarded the Nobel Prize in econo…
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- ISBN/ISSN
- 9780262267441
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- 1 online resource (xiv, 553 pages) :illustrations
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Misfortunes of Prosperity :an Introduction to Modern Political Economy.
Elucidates the current debates on these and other questions in a fast-paced and incisive tour of the dominant ideas in political economy, summarizing historical and theoretical perspectives on the causes of economic growth in the United States, Western Europe, Japan and elsewhere as the twentieth-century draws to a close.Translated by Jacqueline Lindenfeld Are robust economic growth and tight s…
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- ISBN/ISSN
- 9780262270588
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- 1 online resource (178 pages)
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The rise of political economy as a science :methodology and the classical eco…
OCLC-licensed vendor bibliographic record.
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- ISBN/ISSN
- 0585025568
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- 1 online resource (xviii, 471 pages)
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Readings in development economics.
These two volumes of readings attempt to bring some degree of structure to a relatively diffuse field. Because of the sheer volume of high-quality work in development economics research, they are intended as a sampling of work at the frontier of the field, rather than as a comprehensive overview. Volume II: Empirical Microeconomics focuses on empirical work. Topics covered include the relations…
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- ISBN/ISSN
- 0262267705
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- 1 online resource (449 pages).
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State-space models with regime switching :classical and Gibbs-sampling approa…
"Both state-space models and Markov-switching models have been highly productive paths for empirical research in macroeconomics and finance. This book presents recent advances in econometric methods that make feasible the estimation of models that have both features. One approach, in the classical framework, approximates the likelihood function; the other, in the Bayesian framework, uses Gibbs-…
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- ISBN/ISSN
- 9780585087160
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- 1 online resource (xii, 297 pages) :illustrations
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The spatial economy :cities, regions, and international trade
Originally published: 1999.The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics.Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--…
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- ISBN/ISSN
- 9780262273329
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- 1 online resource (xiii, 367 pages) :illustrations
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