Finding equilibrium: how important is general equilibrium to the results of geographical economics?
in Journal of Economic Geography
May 2011; p ublished online March 2010 .
Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; General Economics; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Urban, Rural, and Regional Economics. 11262 words.
This article proposes a version of the Core-Periphery model in which equilibrium is not assumed a priori, but may develop out of the choices of workers and firms. The research presented...
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An interdisciplinary model for macroeconomics
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...