Neoclassical
Found 8 free book(s)Development Economics: An Overview - Christopher B. Barrett
barrett.dyson.cornell.eduYoung (1928) and Rosenstein‐Rodan (1943 and chapter 5)). As the neoclassical fantasy of perfect markets and information, constant returns to scale, etc. crumbles in the mainstream journals, neoclassical theorists have turned back to development economics
1 International Political Economy - Princeton University
assets.press.princeton.eduformal political economy within the neoclassical economic tradition,1 Marxist 2or neo-Marxist historical sociology, mainstream political sci ences,3 and offshoots of international relations.4 These different orien tations have soft boundaries, and authors often straddle one or more of them. The intellectual antecedents of modern approaches ...
Measuring Geopolitical Risk - Federal Reserve
www.federalreserve.govshare after large political events, and argue|using a modi ed version of the neoclassical growth model|that bar-gaining shocks account for one third of aggregate uctuations. 6 For example, the rst 20 entries of a Google search of the terms \Geopolitical Risk" link to the following
What is Impact Assessment? - OECD
www.oecd.orgcomplementary actions by different stakeholders and the effects of lock-ins, while a neoclassical economic approach would focus on economic incentives and signals, individual economic actors and assume that economic agents can easily change aspects of the production technology or the broader knowledge base upon which they rely.
Longer-Run Economic Consequences of Pandemics
www.frbsf.orgthe canonicalRamsey(1928) model of neoclassical growth, it is well known that population slowdown or greater preference to save depresses the natural rate (Rachel and Smith, 2017). In the very long run, from century to century, the natural rate may drift slowly for technological, political, or institutional reasons.
Chapter 7 The Ramsey model - ku
web.econ.ku.dkin neoclassical growth theory from the mid 1960s. The version of the model which we present below was completed by the work of Cass (1965) and Koop-mans (1965). Hence the model is also known as the Ramsey-Cass-Koopmans model. The model is one of the basic workhorse models of macroeconomics. It
Richard H. Thaler, Cass R. Sunstein, Nudge: Improving ...
www.princeton.eduA traditional neoclassical economist would endorse the provision of better health information. But I expect that most paternalists, nudgers included, would be reluctant to publicize the truth.3 What’s going on here, of course, is that behavioral economists reject the circa
The Pure Theory of Public Expenditure Paul A. Samuelson ...
www.u.arizona.eduneoclassical assumptions of constant returns to scale and generalized diminishing returns and (b) so long as the individuals7 indifference contours have regular convexity and, we may add, (c) so long as all goods are private. We can then insert between the right- and left- hand sides of (I) the equality with uniform