Results 11 to 20 of about 299,226 (222)
Endogenous macroeconomic growth theory [PDF]
The paper focuses on the innovation-based approach to endogenous growth. It begins by spelling out conditions for sustained long-run growth in neoclassical economies and uses these conditions as a standard of comparison for the conditions required to sustain long-run growth in economies with product innovation.
Elhanan Helpman
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Measuring predictability: theory and macroeconomic applications [PDF]
AbstractWe propose a measure of predictability based on the ratio of the expected loss of a short‐run forecast to the expected loss of a long‐run forecast. This predictability measure can be tailored to the forecast horizons of interest, and it allows for general loss functions, univariate or multivariate information sets, and covariance stationary or ...
Francis X. Diebold, Lutz Kilian
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Consumption-based macroeconomic models of asset pricing theory [PDF]
The family of consumptionbased asset pricing models yields a stochastic discount factor proportional to the marginal rate of intertemporal substitution of consumption.
Đorđević Marija
doaj +1 more source
Criticism of the Classical Theory of Macroeconomic Modeling
: 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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Banking theories and macroeconomics [PDF]
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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Quantum Microeconomics Theory [PDF]
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]
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
doaj
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
core +9 more sources
The macroeconomic theory of Vera C. Lutz
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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Macroeconomics in developing countries
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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