Results 91 to 100 of about 361,829 (277)
Privileging Micro over Macro? A History of Conflicting Positions [PDF]
Mainstream macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond
Gilberto Tadeu Lima, Pedro Garcia Duarte
core
The institutional context of rationality
Annales Etyka w Życiu Gospodarczym, 2017 In the last three decades, mainstream economics has been influenced by authors associated with new institutional economics and new behavioral economics.
Janina Godłów-Legiędź
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Lower Bounds of Uncertainty of Observations of Macroeconomic Variables and Upper Limits on the Accuracy of Their Forecasts [PDF]
arXivThis paper defines theoretical lower bounds of uncertainty of observations of macroeconomic variables that depend on statistical moments and correlations of random values and volumes of market trades. Any econometric assessments of macroeconomic variables have greater uncertainty.
arxiv
Behavioural Macroeconomic Policy: New perspectives on time inconsistency [PDF]
arXiv, 2019 This paper brings together divergent approaches to time inconsistency from macroeconomic policy and behavioural economics. Behavioural discount functions from behavioural microeconomics are embedded into a game-theoretic analysis of temptation versus enforcement to construct an encompassing model, nesting combinations of time consistent and time ...
arxiv
Commitment as investment under uncertainty [PDF]
An explanation of how irreversible investment and the techniques associated with pricing real options can apply to a broad range of problems in finance, macroeconomics, and trade policy.Economic policy ...
Joseph A. Ritter, Joseph G. Haubrich
core
Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination
, 2016 This chapter studies how incomplete information helps accommodate frictions in coordination, leading to novel insights on the joint determination of expectations and macroeconomic outcomes.
G. Angeletos, C. Lian
semanticscholar +1 more source
Ecological Indicators, 2022 This study presents a composite index for assessing, quantifying, and comparing international engagement based on evidence that countries have been globally committed – to varying degrees – to climate-related financial policymaking in recent decades. The
Paola D’Orazio, Steffen Thole
doaj
Testing normality for unconditionally heteroscedastic macroeconomic variables [PDF]
arXiv, 2017 In this paper the testing of normality for unconditionally heteroscedastic macroeconomic time series is studied. It is underlined that the classical Jarque-Bera test (JB hereafter) for normality is inadequate in our framework. On the other hand it is found that the approach which consists in correcting the heteroscedasticity by kernel smoothing for ...
arxiv
Comparative Political Economy and Varieties of Macroeconomics
, 2018 This paper provides a historical overview of comparative political economy as an interdisciplinary field of study anchored in political science and focused on advanced capitalist states. We argue that this field of inquiry has reached an impasse and that
Lucio Baccaro, J. Pontusson
semanticscholar +1 more source
Wages, Profits, and Macroeconomic Adjustment: A Comparative Study [PDF]
, 1979 Jeffrey D. Sachs +2 more
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