Essays In Dynamic General Equilibrium Theory
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Essays In Dynamic General Equilibrium Theory
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Author : Alessandro Citanna
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-01-11
Essays In Dynamic General Equilibrium Theory written by Alessandro Citanna and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-11 with Business & Economics categories.
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.
Essays In Dynamic General Equilibrium Theory
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Author : Alessandro Citanna
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-01-17
Essays In Dynamic General Equilibrium Theory written by Alessandro Citanna and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-17 with Business & Economics categories.
This collection of essays honors David Cass on the 30th anniversary of his joining the faculty of the Department of Economics at the University of Pennsylvania. Prof. Cass’s work has spawned a number of important lines of research in Economics, including the study of dynamic general equilibrium, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. These essays, by his students and co-authors, celebrate his work and his influence on the profession.
Dynamic Macroeconomic Analysis
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Author : Sumru Altug
language : en
Publisher: Cambridge University Press
Release Date : 2003-11-20
Dynamic Macroeconomic Analysis written by Sumru Altug and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-20 with Business & Economics categories.
Dynamic stochastic general equilibrium (DSGE) models have begun to dominate the field of macroeconomic theory and policy-making. These models describe the evolution of macroeconomic activity as a recursive sequence of outcomes based upon the optimal decision rules of rational households, firms and policy-makers. Whilst posing a micro-founded dynamic optimisation problem for agents under uncertainty, such models have been shown to be both analytically tractable and sufficiently rich for meaningful policy analysis in a wide class of macroeconomic problems, for example, monetary and fiscal policy, economic cycles and growth and capital flows. This volume collects specially commissioned papers from leading researchers, which pull together some of the key results in diverse areas. This book will promote research using optimising models and inform researchers, post-graduate students and economists in policy-oriented organisations of some of the key findings and policy implications.
Environmental Economics And Computable General Equilibrium Analysis
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Author : John R. Madden
language : en
Publisher: Springer Nature
Release Date : 2020-07-11
Environmental Economics And Computable General Equilibrium Analysis written by John R. Madden and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-11 with Business & Economics categories.
This book addresses major issues such as a growing world energy demand, environmental degradation due to anthropogenic greenhouse gas (GHG) emission, and risk management of disastrous events such as pandemics, abnormal climate, and earthquakes. Using cutting-edge analytical tools, particularly computable general equilibrium (CGE) modelling, the analyses are focused on a very wide range of policy-relevant economic questions for the Asia-Pacific region, especially for Japan, China, India, Vietnam, and smaller nations, including Brunei, Timor Leste, and Fiji. The first part considers (a) the effects of climate change on agriculture sectors, energy policies, and future GHG emission trends, (b) adaptation to climate changes in energy policy and its impacts on the economies, and (c) risk management of catastrophic events such as global pandemics. The second part examines (a) energy environmental issues, (b) economic impacts of natural disaster and depopulation, and (c) effects of informatics development on risk management, using CGE modelling and other methods in regional science fields. Contributors are internationally active leading CGE modellers and environmental economists. The book should be greatly beneficial for scholars and graduate students as well as policy makers who are interested in the economic effects and management of risks relating to climate change and disastrous events.
Computational Aspects Of General Equilibrium Theory
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Author : Donald Brown
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-01-08
Computational Aspects Of General Equilibrium Theory written by Donald Brown and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-08 with Business & Economics categories.
This monograph presents a general equilibrium methodology for microeconomic policy analysis. It is intended to serve as an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value (1959) or Arrow and Hahn`s General Competitive Analysis (1971). The monograph consists of several essays written over the last decade. It also contains an appendix by Charles Steinhorn on the elements of O-minimal structures.
Essays In The Theory Of Economic Fluctuations
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Author : M. Kalecki
language : en
Publisher: Routledge
Release Date : 2013-10-08
Essays In The Theory Of Economic Fluctuations written by M. Kalecki and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-08 with Business & Economics categories.
These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter.
General Equilibrium Theory And Evidence
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Author : William David Anthony Bryant
language : en
Publisher: World Scientific
Release Date : 2009-10-07
General Equilibrium Theory And Evidence written by William David Anthony Bryant and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-07 with Business & Economics categories.
General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: ‘Does the pursuit of private interest, through a system of interconnected deregulated markets, lead not to chaos but to coherence — and if so, how is that achieved?’ This is always an apt question, but particularly so given the ‘Global Financial Crisis’ that emerged from the operation of market economies in the Americas and Europe in mid to late 2008.The answer that General Equilibrium Theory provides to the Walras-Hahn question is that, under certain conditions coherence is possible, while under certain other conditions chaos, in various forms, is likely to prevail. The conditionality of either outcome is not always well understood — neither by proponents of, or antagonists to, the ‘free market position’. Consequently, this book attempts to show something of what General Equilibrium Theory has to say about the wisdom or otherwise of always relying on ‘market forces’ to manage complex socio-economic systems.
Essays On Dynamic General Equilibrium Models
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Author : Jianjun Miao
language : en
Publisher:
Release Date : 2003
Essays On Dynamic General Equilibrium Models written by Jianjun Miao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Equilibrium (Economics) categories.
The Global Financial Crisis And Its Aftermath
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Author : A.G. Malliaris
language : en
Publisher: Oxford University Press
Release Date : 2016-09-06
The Global Financial Crisis And Its Aftermath written by A.G. Malliaris and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-06 with Political Science categories.
In The Global Financial Crisis, contributors argue that the complexity of the Global Financial Crisis challenges researchers to offer more comprehensive explanations by extending the scope and range of their traditional investigations. To achieve this, the volume views the financial crisis simultaneously through three different lenses---economic, psychological, and social values. Contributors offer a constructive methodology suitable for exploring financial crises. They recognize how current economic analysis did not prepare academic economists, business economists, traders, and regulators to anticipate economic and financial crises. So, they search more extensively within the broader discipline of economics for ideas related to crises but neglected perhaps because they were not mathematically rigorous. They affirm that the complexity of financial crises necessitates complementary research. Thus, to put the focal purpose of this book differently, they explore the Global Financial Crisis from three interconnected frameworks: the standards of orthodox economic analysis, Minskyan economics, and the role of ideas and values in economics. Values are the subject of both philosophy and psychology and can contribute to a better understanding of the Global Financial Crisis. Values, in general, have been relatively neglected by economists. This is not because there is doubt about their significance, but rather because welfare economics and collective choice still operate within the neoclassical paradigm. This volume argues that analyzing the value implications requires moving from the neoclassical framework to something that is broader and multidisciplinary.
William Jaffe S Essays On Walras
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Author : William Jaffé
language : en
Publisher: Cambridge University Press
Release Date : 1983-05-31
William Jaffe S Essays On Walras written by William Jaffé and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983-05-31 with Biography & Autobiography categories.
Essays on the life and work of Léon Walras, the founder of general equilibrium analysis.