The Econometrics Of Indeterminacy
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The Econometrics Of Indeterminacy
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Author : Roger E. A. Farmer
language : en
Publisher:
Release Date : 1994
The Econometrics Of Indeterminacy written by Roger E. A. Farmer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business cycles categories.
Solving And Estimating Indeterminate Dsge Models
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Author : Mr.Roger Farmer
language : en
Publisher: International Monetary Fund
Release Date : 2013-10-01
Solving And Estimating Indeterminate Dsge Models written by Mr.Roger Farmer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-01 with Business & Economics categories.
We propose a method for solving and estimating linear rational expectations models that exhibit indeterminacy and we provide step-by-step guidelines for implementing this method in the Matlab-based packages Dynare and Gensys. Our method redefines a subset of expectational errors as new fundamentals. This redefinition allows us to treat indeterminate models as determinate and to apply standard solution algorithms. We provide a selection method, based on Bayesian model comparison, to decide which errors to pick as fundamental and we present simulation results to show how our procedure works in practice.
Economic Indeterminacy
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Author : Yanis Varoufakis
language : en
Publisher: Routledge
Release Date : 2013-10-08
Economic Indeterminacy written by Yanis Varoufakis 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.
This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis’ key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.
Market Imperfections And Macroeconomic Dynamics
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Author : Jean-Olivier Hairault
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Market Imperfections And Macroeconomic Dynamics written by Jean-Olivier Hairault 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 2013-03-14 with Business & Economics categories.
Market Imperfections and Macroeconomic Dynamics is based upon a collection of papers originally presented at the 5th Theory and Methods in Macroeconomics (T2M) meeting in Paris, France, 2002. The contributions in this volume focus on a central theme: the aggregate dynamic consequences of market imperfections. Such effects are of great interest to researchers in macroeconomics as these imperfections play a primary role in the persistence of aggregate output, the characteristics of the business cycles and the interactions of agents over time. Incorporating up-to-date techniques and methods, these contributions exemplify the remarkable progress made by macroeconomists in tackling these issues. The primary market for Market Imperfections and Macroeconomic Dynamics is academic researchers in economics and graduate students specializing in macroeconomics. Divisions of economic studies in public administration and in financial organizations will also find this book beneficial.
Economic Modelling Of Climate Change And Energy Policies
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Author : Carlos de Miguel
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006-01-01
Economic Modelling Of Climate Change And Energy Policies written by Carlos de Miguel and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Business & Economics categories.
Climate change and energy consumption are at the forefront of current environmental debate. While energy is essential to the functioning and survival of our societies, the environmental impact that energy consumption is having, particularly on climate change, is a growing concern and the design and practicalities of energy and energy-related environmental policies are under constant scrutiny. This innovative new book not only addresses the economic assessment of environmental and energy policies but also discusses the efficiency and distributional consequences these policies have for producers and consumers. With contributions from leading academics in the field, this comprehensive volume uses a variety of methodological approaches with which to explore a number of pertinent issues, including several studies on the EU Emission Trading System, as well as more advanced topics such as indeterminacy and optimal environmental public policies, energy-saving technological progress, oil shocks and energy transitions and policy design. Combining theoretical and empirical work, this timely book is a significant contribution to the existing literature and deals with issues at the frontier of current economic knowledge. Economic Modelling of Climate Change and Energy Policies is a unique and informative book and will have widespread appeal amongst scholars, students and policymakers.
Handbook Of Monetary And Fiscal Policy
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Author : Alan A. Rabin
language : en
Publisher: CRC Press
Release Date : 2001-12-19
Handbook Of Monetary And Fiscal Policy written by Alan A. Rabin and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-12-19 with Political Science categories.
Examines the politics of economic policy, focusing on forecasting, inflation, interest rates, market expectations, financial crises, disruptions in global markets, and tax policy, as well as state and local government budgeting, financial management, and policy initiatives for development and growth.
The Oxford Handbook Of Philosophy Of Economics
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Author : Harold Kincaid
language : en
Publisher: Oxford Handbooks Online
Release Date : 2009-03-26
The Oxford Handbook Of Philosophy Of Economics written by Harold Kincaid and has been published by Oxford Handbooks Online this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-26 with Business & Economics categories.
This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.
Comments On Farmer And Guo S The Econometrics Of Indeterminacy
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Author : S. Rao Aiyagari
language : en
Publisher:
Release Date : 2008
Comments On Farmer And Guo S The Econometrics Of Indeterminacy written by S. Rao Aiyagari and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
I argue that Farmer and Guo's one-sector real business cycle model with indeterminacy and sunspots fails empirically and that its failure is inherent in the logic of the model taken together with some simple labor market facts.
Econometrics In Theory And Practice
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Author : Robert Galata
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Econometrics In Theory And Practice written by Robert Galata 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 2012-12-06 with Business & Economics categories.
Hans SchneeweiB is- one of the best-known German econometricians and statisticians. He was born in Glatz, Silesia, on March 13, 1933. Hans SchneeweiB studied mathematics and physics and received his Ph. D. degree from the Johann-Wolfgang-Goethe University, Frankfurt, in 1960. He was member of the academic staff of the Faculty of Law and Economics of the Saar University between 1959 and 1965. Following his Habilitation in 1964, he was appointed to the chair of Statistics and Econometrics at the same university. As a visiting professor he worked at the Institute for Aca demic Studies in Vienna in 1967 and at the Department of Statistics of the University of Waterloo, Canada, in 1970/71. He has been a full professor of Econometrics and Statistics at the Ludwig-Maximilians-University in Mu nich since 1973. His extensive research activities abroad included important projects in Waterloo, Vienna, Dundee (Scotland), Sidney, China, Kiev. During the more than 40 years of his academic work he has published outstanding, original articles on econometrics and statistics. To give an ex ample, it is his research on decision theory which has marked developments in this field. His book Entscheidungskriterien bei Risiko, published in 1967, is an excellent starting for anyone looking for an introduction to the complex iSsues involved.
Handbook Of Monetary Policy
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Author : Jack Rabin
language : en
Publisher: CRC Press
Release Date : 2020-04-30
Handbook Of Monetary Policy written by Jack Rabin and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-30 with Business & Economics categories.
This handbook explains the development and implementation of monetary policy. It examines theories and issues related to the preservation of economic activity and explores why the preservation of economic stability is a principal goal of public policy.