Author : Robert E. Lucas
Publisher : U of Minnesota Press
Page : 335 pages
File Size : 32,47 MB
Release : 1988
Category :
ISBN : 1452908281
Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, governme.
Author : Daniel S. Hamermesh
Publisher : Princeton University Press
Page : 466 pages
File Size : 29,51 MB
Release : 1996-01-28
Category : Business & Economics
ISBN : 9780691025872
In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.
Author : Lars Peter Hansen
Publisher : CRC Press
Page : 306 pages
File Size : 40,34 MB
Release : 2019-09-05
Category : Mathematics
ISBN : 1000308960
At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents' knowledge of that policy and their expectations of the effects of that policy. This means that there are very complicated feedback relationships existing between policy and the behaviour of economic agents, and these relationships pose very difficult problems in econometrics when one tries to exploit the rational expectations insight in formal economic modelling. This volume consists of work by two rational expectations pioneers dealing with the "nuts and bolts" problems of modelling the complications introduced by rational expectations. Each paper deals with aspects of the problem of making inferences about parameters of a dynamic economic model on the basis of time series observations. Each exploits restrictions on an econometric model imposed by the hypothesis that agents within the model have rational expectations.
Author : Steven M. Sheffrin
Publisher : Cambridge University Press
Page : 204 pages
File Size : 22,64 MB
Release : 1996-06-13
Category : Business & Economics
ISBN : 9780521479394
This book develops the idea of rational expectations and surveys its use in economics today.
Author : Frederic S. Mishkin
Publisher : University of Chicago Press
Page : 184 pages
File Size : 18,71 MB
Release : 2007-11-01
Category : Business & Economics
ISBN : 0226531929
A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.
Author : Daniel S. Hamermesh
Publisher : Oxford University Press
Page : 464 pages
File Size : 28,74 MB
Release : 2017-05-19
Category : Business & Economics
ISBN : 019250889X
The book collects articles published by Daniel Hamermesh between 1969 and 2013 dealing with the general topic of the demand for labor. The first section presents empirical studies of basic issues in labor demand, including the extent to which different types of labor are substitutes, how firms' and workers' investments affect labor turnover, and how costs of adjusting employment affect the dynamics of employment and patterns of labor turnover. The second section examines the impacts of various labor-market policies, including minimum wages, penalty pay for using overtime hours or hours worked on weekends or nights, severance pay for displaced workers, and payroll taxes to finance unemployment insurance benefits. The final section deals with general questions of discrimination by employers along various dimensions, including looks, gender and ethnicity, in all cases focusing on the process of discrimination and the behavior that results. Throughout the focus is on the development of theoretically-based hypotheses and testing them using the most appropriate data, often data collected uniquely for the particular project.
Author : United States. Department of Labor. Library
Publisher :
Page : 252 pages
File Size : 13,72 MB
Release : 1979
Category : Labor
ISBN :
Author : Martin S. Feldstein
Publisher : Harvard University Press
Page : 506 pages
File Size : 28,60 MB
Release : 1983
Category : Business & Economics
ISBN : 9780674094826
Feldstein shows how systems of taxation influence the rate and nature of capital formation--key to the development of any economy. His identification of important economic and policy questions, adroit use of modeling and new data, and careful attention to dynamics make this book a powerful addition to the literature.
Author :
Publisher :
Page : 696 pages
File Size : 18,25 MB
Release : 1979
Category : Labor
ISBN :
Author : W. Driehuis
Publisher : Elsevier
Page : 500 pages
File Size : 36,23 MB
Release : 2014-06-28
Category : Business & Economics
ISBN : 148329451X
This book collects the revised and edited proceedings of the conference held in honour of the 50th anniversary of Professor Tinbergen's first macroeconomic policy model. Written by experts both in the field of model building and policy analysis, the contributions provide an invaluable overview of the state of the art and the use of macroeconomic models in our time.
