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The equilibrium manifold :postmodern developments in the theory of general ec…
Yves Balasko, a leading scholar in the field, presents post-1970 developments in the theory of general equilibrium, unified by the concept of equilibrium manifold.OCLC-licensed vendor bibliographic record.
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- ISBN/ISSN
- 9780262026543
- Collation
- 1 online resource (xiv, 226 pages) :illustrations.
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Barriers to riches
Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries ere…
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- 1st MIT Press ed.
- ISBN/ISSN
- 0262281252
- Collation
- 1 online resource (xvii, 164 pages) :illustrations.
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Econometrics.
Studies of the relation between information technology and economic growth trends.The relentless decline in the prices of information technology (IT) has steadily enhanced the role of IT investment as a source of economic growth in the United States. Productivity growth in IT-producing industries has gradually risen in importance, and a productivity revival has taken place in the rest of the ec…
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- ISBN/ISSN
- 9780262276405
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- 1 online resource (xxx, 462 pages) :illustrations, color portrait
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Econometrics.essays in honor of Dale W. Jorgenson
The essays in this volume provide a comprehensive view of applications of the cost of capital.The essays in this volume provide a comprehensive view of applications of the cost of capital. The cost of capital is the key concept in the analysis of taxation of business income. It is also critical to the formulation of a new system of national accounts, where it plays the role of the price of capi…
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- ISBN/ISSN
- 9780262277969
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- 1 online resource
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Econometrics.
New methodology for econometricians, based on the dual formulation of the theory of production in terms of prices. The objectives of econometric modeling of producer behavior are to determine the nature of substitution among inputs and outputs and of differences in technology, as well as the role of economies of scale in production. Recent advances in methodology, based on the dual formulation …
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- ISBN/ISSN
- 0262276399
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- 1 online resource (577 pages).
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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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- ISBN/ISSN
- 0262276429
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- 1 online resource (478 pages).
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The making of economic policy :a transaction-cost politics perspective
OCLC-licensed vendor bibliographic record.
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- ISBN/ISSN
- 0585028923
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- 1 online resource (xvii, 192 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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