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The Neoclassical Economic Base Multiplier
Journal of Regional Science, 2000In this paper we derive an analytical expression for the regional neoclassical economic base marginal employment multiplier. The model that we adopt is a variant of the 1‐2‐3 general equilibrium model used in trade analysis. Its specific neoclassical characteristics are that laborsupply is a positive function of the real consumption wage and that ...
McGregor, P.G.+3 more
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Samuelson and Neoclassical Economics
1982This is not a festschrift, but a study of the prodigious Samuelson phe nomenon, his history-making contributions to and impact on the econom ics of our age, and the intricate, often perplexing, and divergent trends in modern economics - all intensely controversial subjects that will be argued, scrutinized, and periodically reassessed by economists of ...
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Can neoclassical economics be social economics?
Forum for Social Economics, 1996The question is both intriguing and important but, it is argued, impossible of a conclusive single-clear cut answer. Much depends on the specification of each of the schools and of what economics as intellectual inquiry is all about. Among other points, it is recognized that neoclassical economics is already a form of social economics; that both forms ...
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Pluralism in Economics and Neoclassical Economics [PDF]
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2003
What is new neoclassical economics (NNE)? It is an integration of neoclassical economics (NE) and transaction cost economics (TCE), with a primary role for NE but without losing sight of TCE. Is this a compromise formula for something? Perhaps it is. The main purpose here (and in most chapters of this book) is to strengthen the current implementation ...
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What is new neoclassical economics (NNE)? It is an integration of neoclassical economics (NE) and transaction cost economics (TCE), with a primary role for NE but without losing sight of TCE. Is this a compromise formula for something? Perhaps it is. The main purpose here (and in most chapters of this book) is to strengthen the current implementation ...
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The Return of Neoclassical Economics
2016The author explains why both Friedrich Hayek and Milton Friedman gained academic and political prominence since the 1970s. They led the neoclassical counter-revolution against the Keynesian doctrine. Friedman proposed measures to counter stagflation, which the Keynesians didn’t know how to solve. They contributed philosophical underpinnings (Hayek) and,
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Neoclassical Economics as Mathematical Metaphysics
History of Political Economy, 1993Mirowski affirme que l'economie neo-classique suit la physique et en imite la structure mathematique generale, et que les disciplines scientifiques se renvoient les unes aux autres suivant trois metaphores essentielles. L'A. vise a expliquer ces theses en eclairant leurs fondements, en particulier le role des mathematiques chez ...
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Behavioral Economics and Neoclassical Economics [PDF]
Elias Khalil, Elias Khalil
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Samuelson and Neoclassical Economics.
The Economic Journal, 1983George R. Feiwel, D. Ulph
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