Ecological Macroeconomic Models: Assessing Current Developments

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Market Power in Macroeconomic Models: New Developments

– Earlier work on the market-power foundations of macroeconomics (see Silvestre, Journal of Economic Literature, 1993) adopted static or temporary equilibrium models. This paper surveys the more recent litterature, which is explicitly dynamic (models of overlapping generations, equilibrium fluctuations or neoclassical growth). The issues discussed include: (a) unemployment at low wages; (b) red...

متن کامل

The Current Macroeconomic Crisis

Professor Crotty once casually observed that in his view economics could not be properly thought of as a science. This paper investigates the implications of this view in light of the question of how the scienti…c method has recently contributed to the evolution of economic practice. It is argue that agent-based models might provide a platform for an integration of recent micro and macroeconomi...

متن کامل

Bifurcations in Macroeconomic Models

Grandmont (1985) found that the parameter space of even the simplest, most classical models is stratified into bifurcation regions. But in such classical models all policies are Ricardian equivalent and all solutions are Pareto optimal. As a result he was not able to reach conclusions about policy relevance of his dramatic discovery. Barnett and He (1999,2002) subsequently found transcritical, ...

متن کامل

Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead

The Great Recession seems to be a natural experiment for economic analysis, in that it has shown the inadequacy of the predominant theoretical framework — the New Neoclassical Synthesis (NNS) — grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and political-economy pitfalls of the DSGE-based approach to policy analysis. We suggest that a m...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Ecological Economics

سال: 2017

ISSN: 0921-8009

DOI: 10.1016/j.ecolecon.2016.12.027