Results 11 to 20 of about 708 (178)
International Development and Nonlinear Taxation in a Multi-Country Neoclassical Growth Model [PDF]
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]
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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A synthesis of the Uzawa-Lucas model with the Walrasian-General-Equilibrium and Neoclassical-Growth theories [PDF]
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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Arrow-Debreu Model versus Kornai-critique [PDF]
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
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
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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Inflazione e prezzi relativi (Neutrality of inflation)
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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I liberisti nella cultura politica italiana
The goal of the present essay is to analyse some of the most important works of Italian “liberisti” (Ferrara, Pantaleoni, Pareto, de Viti de Marco, Einaudi) in order to reconstruct their philosophical background and to clarify their theory of the State ...
Raimondo Cubeddu
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Abstract Whitehead’s fallacy of misplaced concreteness (FMC) explains the ‘unfortunate uselessness’ into which all monetary-macro theory ‘micro-founded’ on Walrasian-Pareto general equilibrium (GE) theory has blundered. The FMC occurs because the misuse of the Walrasian-Pareto GE idealisation results in mistakes in reasoning when applied
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Pairwise Imitation and Tournament Graphs
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source

