Results 91 to 100 of about 100,809 (232)
What Is the Value of Value for Agrarian Studies?
Journal of Agrarian Change, EarlyView.ABSTRACT Reflecting a longstanding intellectual heritage in Marxist political economy, contributions to agrarian studies have variously referred to the production, distribution and extraction of value. Despite this central role within the heritage of agrarian studies, the concept of value is often used inconsistently between authors and sometimes ...
A. Haroon Akram‐Lodhi +3 more
wiley +1 more source
From Wald to Savage: homo economicus becomes a Bayesian statistician [PDF]
Bayesian rationality is the paradigm of rational behavior in neoclassical economics. A rational agent in an economic model is one who maximizes her subjective expected utility and consistently revises her beliefs according to Bayes’s rule.
Giocoli, Nicola
core +1 more source
Trade and the environment, trade policies and environmental policies—How do they interact?
Journal of Economic Surveys, EarlyView.Abstract While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the interaction between environmental outcomes, trade ...
Gabriel Felbermayr +2 more
wiley +1 more source
Conventional wisdom, meta‐analysis, and research revision in economics
Journal of Economic Surveys, EarlyView.Abstract Over the past several decades, meta‐analysis has emerged as a widely accepted tool to understand economics research. Meta‐analyses often challenge the established conventional wisdom of their respective fields. We systematically review a wide range of influential meta‐analyses in economics and compare them to “conventional wisdom.” After ...
Sebastian Gechert +9 more
wiley +1 more source
The effect of bubbles on production: The state of the literature
Journal of Economic Surveys, EarlyView.Abstract In this paper, a comprehensive review is carried out on the strand of the literature related to the effects of bubbles on production, which includes the scarce empirical literature. The content is structured according to the bubble phase, since a major part of the literature considers that during the boom, there can be a crowding‐in effect ...
Cristhian Fernández‐González +2 more
wiley +1 more source
The Complexity Era in Economics [PDF]
This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era.
David Colander +2 more
core
Preference changes and index number theory
Journal of Economic Surveys, EarlyView.Abstract The economic approach to the cost of living index assumes that consumer preferences remain constant over time. This assumption poses little risk in calculating a short‐run intertemporal bilateral price index. The assumption, however, breaks down in the case of a fixed‐based time series index spanning a long period and in the context of ...
Thu Huyen Le, Kam Yu
wiley +1 more source
Beyond fads and magic bullets: The promise of behavioral approaches in development economics
Journal of Economic Surveys, EarlyView.Abstract The history of development economics has been portrayed as a succession of fads and magic bullets. This study inquires whether behavioral approaches to economic development are destined to become such a fad or whether they have long‐lasting contributions to offer.
Svenja Flechtner
wiley +1 more source
Reformulating the Critique of Human Capital Theory
Journal of Economic Surveys, EarlyView.ABSTRACT Despite criticism, human capital theory (HCT) has remained central for six decades to the teaching and practice of economics. This paper reformulates the critique of HCT, focusing on two aspects that are typically relegated to the margin.
Paul Auerbach, Francis Green
wiley +1 more source
Marvin Goodfriend: economist and central banker. [PDF]
Bus Econ, 2023 Marshall DA.
europepmc +1 more source