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Mathematics, 2023 In recent years, the economies of many countries around the world have been in a situation of intense, rapidly changing, abrupt processes. The current situation urgently requires a change in the economic paradigm in the near future, which leads to the ...
Sergei Aliukov
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Economic Theories and Macroeconomic Reality [PDF]
SSRN Electronic Journal, 2021 Economic theories are often encoded in equilibrium models that cannot be directly estimated because they lack features that, while inessential to the theoretical mechanism that is central to the specific theory, would be essential to fit the data well. We propose an econometric approach that confronts such theories with data through the lens of a time ...
Loria, Francesca +2 more
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Consumption-based macroeconomic models of asset pricing theory [PDF]
Ekonomski Anali, 2016 The family of consumptionbased asset pricing models yields a stochastic discount factor proportional to the marginal rate of intertemporal substitution of consumption.
Đorđević Marija
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Banking theories and macroeconomics [PDF]
Journal of Post Keynesian Economics, 2018 Mainstream models that allow for financial operations are characterized by the understanding of banks as intermediaries of outside money (IOM).
Bianco Antonio, Claudio Sardoni
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Criticism of the Classical Theory of Macroeconomic Modeling
Vestnik MGIMO-Universiteta, 2015 : Current approaches and methods of modeling of macroeconomic systems do not allow to generate research ideas that could be used in applications. This is largely due to the fact that the dominant economic schools and research directions are building ...
K. K. Kumehov
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Quantum Microeconomics Theory [PDF]
SSRN Electronic Journal, 2015 The quantum macroeconomics theory is formulated for the first time, assuming that the business cycle has the discrete-time oscillations spectrum in analogy with the electronics excitations discrete-time spectrum in the Bohr’s atom model in the quantum physics.
Ledenyov, Dimitri O. +1 more
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Inflation Targeting in Eastern Europe [PDF]
Romanian Journal of European Affairs, 2006 This paper addresses the inflation targeting approach in three transition economies, namely Hungary, Poland and the Czech Republic with the use of Taylor rules as benchmarks.
Laurian Lungu, Juan-Paez-Farrell
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The macroeconomic theory of Vera C. Lutz
PSL Quarterly Review, 2013 Vera Lutz was an economist with wide-ranging interests, including credit theory, the theory of the firm, economic development theory and labour market analysis.
A. GRAZIANI
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Macroeconomic Theory: A Dynamic General Equilibrium Approach [PDF]
Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not ...
Michael Wickens
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Macroeconomics in developing countries
PSL Quarterly Review, 2012 This essay analyzes the differences between the economies of industrialized countriesand developing countries, which have important implications for macroeconomics in terms of theory and policy.
Deepak Nayyar
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