History of Political Economy最新文献_第9页

Three Hundred Years of Adam Smith 《亚当·斯密三百年

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327280

引用次数: 0

Keynes on Uncertainty and Tragic Happiness: Complexity and Expectations 凯恩斯论不确定性与悲剧性幸福:复杂性与期望

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327421

D. Andrews

引用次数: 0

European and Chinese Histories of Economic Thought: Theories and Images of Good Governance 欧洲和中国的经济思想史:善治的理论和形象

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327393

Yue Xiao

引用次数: 1

Adam Smith and the Wealth of Nations: The Discovery of Capitalism and Its Limits 亚当·斯密与国富论:资本主义的发现及其局限性

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327364

M. C. Coutinho

引用次数: 0

Gustav Schmoller and the Institutional Context of Entrepreneurship 古斯塔夫·施莫勒和企业家精神的制度背景

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327336

Matthias Störring

引用次数: 3

Hobbes and the Political Economy of Population 霍布斯与人口政治经济学

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327308

Brian Smith

引用次数: 0

The Early Reception of the Phillips Curve in the United Kingdom: New Evidence from the Papers of the Council on Prices, Productivity, and Incomes 菲利普斯曲线在英国的早期接受:来自价格、生产率和收入委员会文件的新证据

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327294

C. Cristiano

引用次数: 0

Balbach and Brunner: A Missing Stop on the Road from Warburton to Friedman-Meiselman and St. Louis 巴尔巴赫和布伦纳:从沃伯顿到弗里德曼-梅塞尔曼和圣路易斯的道路上缺失的一站

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-12-02 DOI: 10.1215/00182702-10327322

Michael T. Belongia, P. Ireland

{"title":"Balbach and Brunner: A Missing Stop on the Road from Warburton to Friedman-Meiselman and St. Louis","authors":"Michael T. Belongia, P. Ireland","doi":"10.1215/00182702-10327322","DOIUrl":"https://doi.org/10.1215/00182702-10327322","url":null,"abstract":"\u0000 “The Relative Stability of Monetary Velocity and the Investment Multiplier in the United States, 1897–1958,” by Milton Friedman and David Meiselman (1963), typically is recognized as the original study that used a reduced-form equation to evaluate whether autonomous expenditures or the quantity of money was the dominant influence on aggregate spending. It also provided the foundation for the better-known St. Louis equation that followed. Missing from this evolution, however, are important precedents by Karl Brunner and Anatol Balbach that also employed a reduced-form framework to offer evidence on the same debate between the Keynesian expenditure theory and the quantity theory of money. Moreover, these authors also investigated whether the demand-for-money function was stable and inversely related to an interest rate, properties necessary in their reasoning before any more general model of national income determination could be developed. With this foundation, Balbach, in his 1963 PhD dissertation, then derived a reduced-form expression for personal income from an explicit theoretical model and, in its estimation, anticipated and addressed some of the empirical criticisms later directed at the work by Friedman and Meiselman and the early versions of the St. Louis equation. Taken together, the theoretical and empirical work reported in Balbach's dissertation and in a 1959 article by Brunner and Balbach suggest these papers are clear antecedents of later reduced-form expressions and should be recognized as such.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2022-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48735389","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Drifting Influence of Hall's Random-Walk Hypothesis on Consumption Modeling 霍尔随机游走假说对消费模型的漂移影响

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-10-07 DOI: 10.1215/00182702-10213653

C. García, Daniel Otero, Boris Salazar

{"title":"The Drifting Influence of Hall's Random-Walk Hypothesis on Consumption Modeling","authors":"C. García, Daniel Otero, Boris Salazar","doi":"10.1215/00182702-10213653","DOIUrl":"https://doi.org/10.1215/00182702-10213653","url":null,"abstract":"\u0000 Hall's 1978 article titled “Stochastic Implications of the Life Cycle–Permanent Income Hypothesis” was meant to revolutionize consumption modeling. It indeed delivered, but not by becoming the dominant modeling strategy, but by unleashing a complex process of interaction between researchers in consumption and interconnected fields that transformed Hall's original object, from a local theory of consumption into a growing research area spanning the fields of consumption, finance, monetary policy and econometric modeling, and becoming, at the turn of the century, a building block of the DSGE modeling framework. Researchers reacting to innovative work produced new models that acted modified the context of research inducing a feedback system responsible for a connected set of innovations in the fields mentioned above. Along that process the practice of consumption modeling drifted away from Hall's original proposal, suggesting the necessity of a more nuanced view of the notion of influence in contemporary macroeconomics. In this particular case, we found that drifting occurred within the bounds set by the Euler equation and the assumptions of intertemporal optimization and rational expectations.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2022-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44198887","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy 经济思想中的人性与自然:寻找经济的有机起源

IF 0.7 2区历史学

History of Political Economy Pub Date : 2022-10-07 DOI: 10.1215/00182702-10213695

F. Söllner

引用次数: 0