Oxford Index Browse

You are looking at 21-40 of 47 items for:

Social Sciences x General Equilibrium and Disequilibrium x clear all

Refine by subject

 

Refine by type

Refine by product

 

Evaluating the Market and Welfare Impacts of Agricultural Policies in Developed Countries: Comparison of Partial and General Equilibrium Measures

Alexandre Gohin and GianCarlo Moschini.

in Applied Economic Perspectives and Policy

January 2006; p ublished online January 2006 .

Journal Article. Subjects: General Equilibrium and Disequilibrium; Agricultural Economics. 7078 words.

We revisit the question of choosing partial equilibrium or general equilibrium modeling in applied policy analysis in the context of evaluating the effects of a complete phase-out of the...

Go to »  abstract

Evidence-based regional economic policy analysis: the role of CGE modelling

James A. Giesecke and John R. Madden.

in Cambridge Journal of Regions, Economy and Society

July 2013; p ublished online March 2013 .

Journal Article. Subjects: Urban, Rural, and Regional Economics; General Equilibrium and Disequilibrium; Regional Government Analysis. 9738 words.

An important ingredient in meeting the challenges for regional policy is evidence-based analysis capable of revealing the full ramifications of economic policies and events across regions....

Go to »  abstract

An Examination of Heterogeneous Beliefs with a Short-Sale Constraint in a Dynamic Economy

Michael Gallmeyer and Burton Hollifield.

in Review of Finance

June 2008; p ublished online March 2008 .

Journal Article. Subjects: General Equilibrium and Disequilibrium; Economics. 12051 words.

We study the effects of a market-wide short-sale constraint in a dynamic economy with heterogeneous beliefs. Imposing the constraint reduces the stock price if the optimistic investors'...

Flow Toxicity and Liquidity in a High-frequency World

David Easley, Marcos M. López de Prado and Maureen O'Hara.

in The Review of Financial Studies

May 2012; p ublished online March 2012 .

Journal Article. Subjects: Econometrics and Mathematical Economics; General Equilibrium and Disequilibrium; Financial Markets; Economics. 14494 words.

Order flow is toxic when it adversely selects market makers, who may be unaware they are providing liquidity at a loss. We present a new procedure to estimate flow toxicity based on volume...

Heterogeneous Expectations and Bond Markets

Wei Xiong and Hongjun Yan.

in The Review of Financial Studies

April 2010; p ublished online November 2009 .

Journal Article. Subjects: General Equilibrium and Disequilibrium; Intertemporal Choice and Growth; Economics. 14486 words.

This paper presents a dynamic equilibrium model of bond markets in which two groups of agents hold heterogeneous expectations about future economic conditions. The heterogeneous...

Input price–input quantity relations and the numéraire

Arrigo Opocher and Ian Steedman.

in Cambridge Journal of Economics

September 2009; p ublished online February 2009 .

Journal Article. Subjects: Production and Organizations; General Equilibrium and Disequilibrium. 4855 words.

The fact that a competitive agent faces ‘given’ input prices does not necessarily mean that these prices can be completely arbitrary, especially in the long run. An obvious case, but not...

Go to »  abstract

International Trade and Labour Income Risk in the U.S.

Pravin Krishna and Mine Zeynep Senses.

in The Review of Economic Studies

January 2014; p ublished online January 2014 .

Journal Article. Subjects: International Trade; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Equilibrium and Disequilibrium. 17568 words.

This article studies empirically the links between international trade and labour income risk faced by manufacturing sector workers in the U.S. We use longitudinal data on workers to...

Go to »  abstract

Is technology change good for cotton farmers? A local-economy analysis from the Tanzania Lake Zone

Anubhab Gupta, Justin Kagin, J Edward Taylor, Mateusz Filipski, Lindi Hlanze and James Foster.

in European Review of Agricultural Economics

February 2018; p ublished online September 2017 .

Journal Article. Subjects: Production and Organizations; General Equilibrium and Disequilibrium; Technological Change; Research and Development. 10814 words.

Abstract

Technological change holds the potential to increase crop output as well as incomes of farmers and the communities in which they live. We carry out a...

Labour productivity and the law of decreasing labour content

Peter Flaschel, Reiner Franke and Roberto Veneziani.

in Cambridge Journal of Economics

March 2013; p ublished online October 2012 .

Journal Article. Subjects: Technological Change; Research and Development; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Economic Methodology; General Equilibrium and Disequilibrium. 10740 words.

This paper analyses labour productivity and the law of decreasing labour content (LDLC) originally formulated by Farjoun and Machover. While accepting the validity of that law, it shows...

Go to »  abstract

Labour values, prices of production and the missing equalisation tendency of profit rates: evidence from the German economy

Nils Fröhlich.

in Cambridge Journal of Economics

September 2013; p ublished online March 2013 .

Journal Article. Subjects: Economic Methodology; General Equilibrium and Disequilibrium; Market Structure and Pricing. 6546 words.

During recent years, several empirical studies have found that deviations from labour values to market prices are quite small. However, most of these articles do not offer a detailed reason...

Go to »  abstract

Learning and Price Discovery in a Search Market

Stephan Lauermann, Wolfram Merzyn and Gábor Virág.

in The Review of Economic Studies

April 2018; p ublished online June 2017 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Market Structure and Pricing; General Equilibrium and Disequilibrium; Information, Knowledge, and Uncertainy. 20476 words.

Abstract

We introduce learning into an otherwise standard two-sided search-and-bargaining market. There is uncertainty about the price distribution due to...

LESS IS MORE: CAPITAL THEORY AND ALMOST IRREGULAR-UNCONTROLLABLE ACTUAL ECONOMIES

THEODORE MARIOLIS and LEFTERIS TSOULFIDIS.

in Contributions to Political Economy

June 2018; p ublished online May 2018 .

Journal Article. Subjects: History of Economic Thought (1925 onwards); Economic Methodology; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Market Structure and Pricing; General Equilibrium and Disequilibrium. 7583 words.

Abstract

Capital theory and the price effects consequent upon changes in the distributive variables hold center stage when it comes to the internal consistency...

Mathematical Needs and Economic Interpretations

Miguel A. Duran.

in Contributions to Political Economy

June 2007; p ublished online May 2007 .

Journal Article. Subjects: History of Economic Thought (1925 onwards); Economic Methodology; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; General Equilibrium and Disequilibrium. 7343 words.

This paper discusses why the disconnection between formal structures and theoretical content in economic model building can lead to undesirable consequences. By contrast, linking formal and...

Measuring Agricultural Policy Bias: General Equilibrium Analysis of Fifteen Developing Countries

Henning Tarp Jensen, Sherman Robinson and Finn Tarp.

in American Journal of Agricultural Economics

July 2010; p ublished online July 2010 .

Journal Article. Subjects: Agricultural Economics; General Equilibrium and Disequilibrium; Economic Development. 6380 words.

Measurement is a key issue in the literature on price incentive bias induced by trade policy. We introduce a general equilibrium measure of the relative effective rate of protection, which...

Modelling a complex world: improving macro-models

Warwick J McKibbin and Andrew Stoeckel.

in Oxford Review of Economic Policy

January 2018; p ublished online January 2018 .

Journal Article. Subjects: Econometrics and Mathematical Economics; Econometric Modelling; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; General Equilibrium and Disequilibrium; Intertemporal Choice and Growth; General Aggregative Models; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Macroeconomic Aspects of International Trade and Finance. 7587 words.

Abstract

Macro models have come under criticism for their ability to understand or predict major economic events such as the global financial crisis and its...

The oil trading markets, 2003–10: analysis of market behaviour and possible policy responses

Adair Turner, Jon Farrimond and Jonathan Hill.

in Oxford Review of Economic Policy

January 2011; p ublished online January 2011 .

Journal Article. Subjects: Economics; Prices, Business Fluctuations, and Cycles; Economic History; Energy Economics; General Equilibrium and Disequilibrium; Market Structure and Pricing; Information, Knowledge, and Uncertainy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 14356 words.

This paper considers price movements in the oil markets between 2003 and 2010 and seeks to explain the significant trends in this period. It notes that the oil market is by its very nature...

On Market Equilibrium Analysis

Jean-Paul Chavas and Thomas L. Cox.

in American Journal of Agricultural Economics

May 1997; p ublished online May 1997 .

Journal Article. Subjects: General Equilibrium and Disequilibrium. 0 words.

In this paper we develop the implications of competitive market equilibrium for production and household behavior when some prices are endogenously determined. The properties of market...

Go to »  abstract

Optimal Taxation in a Limited Commitment Economy

Yena Park.

in The Review of Economic Studies

April 2014; p ublished online October 2013 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; General Equilibrium and Disequilibrium; Taxation, Subsidies, and Revenue. 14114 words.

This article studies optimal Ramsey taxation when risk sharing in private insurance markets is imperfect due to limited enforcement. In a limited commitment economy, there are externalities...

Go to »  abstract

Optimal Taxation with Rent-Seeking

Casey Rothschild and Florian Scheuer.

in The Review of Economic Studies

July 2016; p ublished online March 2016 .

Journal Article. Subjects: Microeconomics; General Equilibrium and Disequilibrium; Welfare Economics; Information, Knowledge, and Uncertainy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue; Demand and Supply of Labour; Wages, Compensation, and Labour Costs. 17279 words.

We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rent-seeking activities,...

Other-Regarding Preferences in General Equilibrium

Martin Dufwenberg, Paul Heidhues, Georg Kirchsteiger, Frank Riedel and Joel Sobel.

in The Review of Economic Studies

April 2011; p ublished online February 2011 .

Journal Article. Subjects: Welfare Economics; General Equilibrium and Disequilibrium. 12837 words.

We study competitive market outcomes in economies where agents have other-regarding preferences (ORPs). We identify a separability condition on monotone preferences that is necessary and...

Go to »  abstract