Friedman and the Walrasian Equations of The Natural-Rate Counter-Revolution [PDF]
, 2000 From the 1930s, economic controversy has been a tale of three cities (Chicago and the two Cambridges) and three General Theories. In the 1930s, there were, in addition to the General Theory of Employment (Keynesian Macroeconomics), two other ...
Leeson, Robert
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International Development and Nonlinear Taxation in a Multi-Country Neoclassical Growth Model [PDF]
Management and Economics Review, 2018 This paper builds a multi-country growth model with nonlinear taxation and public goods. The dynamic machines of global development are national wealth accumulation and free trade.
Wei-Bin ZHANG
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ENVIRONMENTAL DYNAMICS IN AN INTEGRATED WALRASIAN-GENERAL EQUILIBRIUM AND NEOCLASSICAL-GROWTH THEORY [PDF]
Journal of Economic Development, 2014 This study deals with interactions of economic growth and environmental change with heterogeneous households. The analytical framework is built by integrating the three important theories in economics - the Walrasian general equilibrium theory, the neoclassical growth theory, and the neoclassical growth model with endogenous environment.
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Arrow-Debreu Model versus Kornai-critique [PDF]
Athens Journal of Business & Economics, 2017 More than forty-five years have passed since János Kornai published his book entitled „Anti-equilibrium” (Kornai, 1971). This was the first scientific work in the international literature that provided a comprehensive critique on the general equilibrium ...
József Móczár
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Die „soziale Frage" more geometrico beantwortet
Österreichische Zeitschrift für Geschichtswissenschaften, 1996 Mainstream economics tends to view its historical process of mathematicization as a „powerful, irresistible current of thought" (Debreu), perfectly motivated by the application of deductive methodology to a quantified object-domain.
Daniel Eckert, Leonhard Bauer
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Schumpeterian growth theory: Entrepreneurship – a response to the economic downturn
Acta Economica, 2013 Ignorance and misunderstanding of Schumpeter’s writing are the main reasons why the Anglo-American School, as dominant in the context of neoclassical economics, was and still is separate from the German Historical School.
Јово Атељевић
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A synthesis of the Uzawa-Lucas model with the Walrasian-General-Equilibrium and Neoclassical-Growth theories [PDF]
Economic Annals, 2013 This paper proposes a dynamic economic model of wealth accumulation and human capital accumulation with endogenous education. It is an extension of the Uzawa-Lucas model of a heterogeneous household economy with multiple ways of human capital accumulation.
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The Edgeworth Conjecture with Small Coalitions and Approximate Equilibria in Large Economies [PDF]
, 2019 We revisit the connection between bargaining and equilibrium in exchange economies, and study its algorithmic implications. We consider bargaining outcomes to be allocations that cannot be blocked (i.e., profitably re-traded) by coalitions of small size ...
Barman, Siddharth, Echenique, Federico
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Inflazione e prezzi relativi (Neutrality of inflation)
Moneta e Credito, 2014 In the traditional Walrasian version of an economy with multi-sectoral exchange, the changes in relative prices and the general level of prices do not influence each other so that inflation is neutral.
F. PADOA-SCHIOPPA
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Natural implementation with partially honest agents in economic environments [PDF]
, 2013 In this paper, we introduce the weak and the strong notions of partially honest agents (Dutta and Sen, 2012), and then study implementation by natural price-quantity mechanisms (Saijo et al., 1996, 1999) in pure exchange economies with three or more ...
Lombardi, Michele, Yoshihara, Naoki
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