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Journal Article
History of Political Economy (2021) 53 (S1): 81–110.
Published: 01 December 2021
...Boris Samuel This article studies the inference procedures used to compute the macroeconomic indicators feeding into the International Monetary Fund’s monitoring and surveillance in Africa since the structural adjustment. In 2005, the IMF launched a procedure to denounce a Mauritanian “misreporting...
Journal Article
History of Political Economy (2017) 49 (Supplement): 103–126.
Published: 01 December 2017
... assumptions. In
practice, however, the relationship has been much more complex. It shows
no correlation between the level of computational intensity of a modeling
approach and its rise in the prestige hierarchy of the discipline since the
1970s. Two of the most computationally demanding approaches...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 86–105.
Published: 01 December 2011
...Charles G. Renfro This essay considers some of the circumstances that have characterized econometric practice during the past fifty to sixty years, including both the invention and use of the electronic computer and the growing accessibility of both micro- and macroeconomic data. However, its...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 213–227.
Published: 01 December 2006
... Market. Econometrica 27 : 54 -71. Olivera, J. H. G. 1999 . Proemio. Economica (La Plata) 45.2 : v -vi. Scarf, H. 1960 . Some Examples of Global Instability of the Competitive Equilibrium. International Economic Review 1 : 157 -72. ____. 1973 . The Computation of Economic...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
..., empirical data, bits of economic theory, institutional arrangements, the aims and hopes of economic planning, images and visions of the economy, and the practical requirements and affordances of computing technologies. The article traces the movements and changes of the multi-sector growth model...
Journal Article
History of Political Economy (2020) 52 (S1): 143–167.
Published: 01 December 2020
... states. Policy in this world therefore means tracing an optimal trajectory taking all these issues into account. To show this shift in epistemology and ontology, the history of economics is interwoven with the history of mathematics, which cannot be detangled from the emergence of the digital computer...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 199–226.
Published: 01 December 2015
.... Moreover, his death preceded the application of its central mechanism to public, urban, and environmental topics via hedonic, sorting, and computational general equilibrium models. Viewed in this way, the history of Tiebout's article, and thereby the history of public economics, has remarkably little to do...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 253–266.
Published: 01 December 2015
... policy issues that the Walrasian general equilibrium model does not address can be addressed. These include issues such as toward which basin of attraction the economy will gravitate and how government policy might influence that gravitation. Similarly, new computational technology is allowing economists...
Journal Article
History of Political Economy (2009) 41 (1): 1–55.
Published: 01 March 2009
... the certainty equivalence property, which made their solutions feasible for the computers available at that time. Appearing in that narrative are Poole (1970) and Sargent and Wallace (1975), who were among the first to apply the tool to monetary economics. In this article I argue that in addition to offering...
Journal Article
History of Political Economy (2017) 49 (Supplement): 1–33.
Published: 01 December 2017
...Roger E. Backhouse; Béatrice Cherrier It is widely accepted that economics has changed significantly since the 1970s with the development of new data sources, new methods of analysis, and the computer. This paper argues that this transformation of the discipline involves more than just a rise...
Journal Article
History of Political Economy (2017) 49 (Supplement): 78–102.
Published: 01 December 2017
...Charles L. Ballard; Marianne Johnson We examine the evolution of applied, computational general-equilibrium models (AGE), from their inception in the 1970s through the end of the twentieth century. We describe the simultaneous development of several different “strains” of such models, along...
Journal Article
History of Political Economy (2020) 52 (5): 895–924.
Published: 01 October 2020
...Kenneth Button This article looks at how a group of diverse economic experts tackled a major macroeconomic question and managed to reach a consensus conclusion. This was despite being confronted with limited data, embryonic general-equilibrium methodologies, and limited computing power...
Image
Published: 01 April 2022
Figure 2. (a) Fitted and actual values of the estimated production function over 1860–2017. (b) The indicator adjustment path derived from (2). Source : Data derived from sources described in Hendry 2001 ; the path was computed using PcGive as in Doornik and Hendry 2021 .
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Journal Article
History of Political Economy (2006) 38 (Suppl_1): 322–342.
Published: 01 December 2006
...Shyam Sunder Duke University Press 2006 Bosch-Domènech, Antoni, and Shyam Sunder. 2000 . Tracking the Invisible Hand: Convergence of Double Auctions to Competitive Equilibrium. Computational Economics 16.3 : 257 -84. Chamberlin, Edward H. 1948 . An Experimental Imperfect Market...
Journal Article
History of Political Economy (2019) 51 (S1): 204–227.
Published: 01 December 2019
... of Sciences, and the All-Union Computer Center of the Academy of Sciences in Moscow. communist planning of the national electric grid, done at the State Com- mission for the Electrication of Russia (GOELRO). The GOELRO plan- ners laid the conceptual foundations for the scientic forecasting of alter- native...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 63–90.
Published: 01 January 1997
...
bitrariness in any system set down. Limitations of resources—mental,
computational, and statistical—enforce a model that although compli
cated enough for our capacities, is yet enormously simple relative to
the present state of understanding of the world we seek to explain. Un
til we can...
Journal Article
Mechanism Design Theory Embodying an Algorithm-Centered Vision of Markets/Organizations/Institutions
History of Political Economy (2006) 38 (Suppl_1): 283–304.
Published: 01 December 2006
... . The Traveling-Salesman Problem. Operations Research 4.1 : 61 -75. Fudenberg, Drew, and Jean Tirole. 1991 . Game Theory . Cambridge, Mass.: MIT Press. Garey, Michael R., and David S. Johnson. 1979 . Computers and Intractability . San Francisco: Freeman. Ginsburg, Seymour. 1962...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 11–40.
Published: 01 January 1997
.... While they have not
specifically addressed the situation of modem economics, their obser
vations concerning biology, computer science, operations research, and
other collateral disciplines can be readily extended to economics, with
potentially far-reaching consequences...
Journal Article
History of Political Economy (2020) 52 (S1): 191–217.
Published: 01 December 2020
...- nanced center, he knew that increasing computer capability could be the solution to the huge computational bur- den, as he recalled, the concept of micro entities came to me much ear- lier, but it was until then I felt it was [sic] computationally feasible. 20 198 Chung-Tang Cheng 21. The simulation...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 198–225.
Published: 01 December 2016
...
the original optimizing ends and means to take into account information-
gathering and processing costs, by, for example, changing the model in an
effort to minimize the use of limited computational resources. Simon per-
ceived consumers, producers, and economizing mathematical model
builders...
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