Results 11 to 20 of about 300,067 (295)
Economic Theories and Macroeconomic Reality [PDF]
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]
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
doaj +5 more sources
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
openaire +4 more sources
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
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
doaj +1 more source
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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Abstract The vegetable market experiences significant price fluctuations due to the complex interplay of trend, cyclical, seasonal, and irregular factors. This study takes Korean green onions as an example and employs the Christiano–Fitzgerald filter and the CensusX‐13 seasonal adjustment methods to decompose its price into four components: trend ...
Yiyang Qiao, Byeong‐il Ahn
wiley +1 more source
The letter, dated 14 September 1956, starts a decade long correspondence between Franco Modigliani and Paolo Sylos Labini. Here Modigliani discusses at length a first draft of Sylos Labini’s book on oligopoly theory.
Franco Modigliani
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