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Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling x clear all

Approximate surrogate production functions

Bertram Schefold.

in Cambridge Journal of Economics

September 2013; p ublished online March 2013 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling. 12883 words.

The Cambridge debate showed that an aggregation of capital is not possible in general. A recent investigation has found one example for reswitching and several for reverse capital...

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Distributional Comparative Statics

Martin Kaae Jensen.

in The Review of Economic Studies

January 2018; p ublished online May 2017 .

Journal Article. Subjects: Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Information, Knowledge, and Uncertainy; Intertemporal Choice and Growth; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Welfare and Poverty. 17192 words.

Abstract

Distributional comparative statics is the study of how individual decisions and equilibrium outcomes vary with changes in the distribution of economic...

An interdisciplinary model for macroeconomics

A G Haldane and A E Turrell.

in Oxford Review of Economic Policy

January 2018; p ublished online January 2018 .

Journal Article. Subjects: General Economics; History of Economic Thought (1925 onwards); Economic Methodology; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Macroeconomics and Monetary Economics. 13904 words.

Abstract

Macroeconomic modelling has been under intense scrutiny since the Great Financial Crisis, when serious shortcomings were exposed in the methodology...

On the dynamics of profit-led and wage-led growth

Amit Bhaduri.

in Cambridge Journal of Economics

January 2008; p ublished online August 2007 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; History of Economic Thought (1925 onwards); Microeconomics; Prices, Business Fluctuations, and Cycles; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; General Aggregative Models. 5963 words.

This paper examines how variable output and profit share jointly determine investment and saving, while the difference between investment and saving drives the changes in output and profit...

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