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Journal Article
Econometrics and the Computer: Love or a Marriage of Convenience?
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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
“It’s Computers, Stupid!” The Spread of Computers and the Changing Roles of Theoretical and Applied Economics
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History of Political Economy (2017) 49 (Supplement): 103–126.
Published: 01 December 2017
... problem with the “it’s-all-computers” trope is that it presumes
that computerization is more important for applied work than for theory,
yet computerization had the potential to transform theory as well as
applied work, as it did in the natural sciences. For example, biologists
used computer...
View articletitled, “It’s <span class="search-highlight">Computers</span>, Stupid!” The Spread of <span class="search-highlight">Computers</span> and the Changing Roles of Theoretical and Applied Economics
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Journal Article
False Accounting as Formalizing Practices: The Computation of Macroeconomic Aggregates in African Countries since Structural Adjustment
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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...
View articletitled, False Accounting as Formalizing Practices: The <span class="search-highlight">Computation</span> of Macroeconomic Aggregates in African Countries since Structural Adjustment
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for article titled, False Accounting as Formalizing Practices: The <span class="search-highlight">Computation</span> of Macroeconomic Aggregates in African Countries since Structural Adjustment
Journal Article
Rolf Mantel and the Computability of General Equilibria: On the Origins of the Sonnenschein-Mantel-Debreu Theorem
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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...
View articletitled, Rolf Mantel and the <span class="search-highlight">Computability</span> of General Equilibria: On the Origins of the Sonnenschein-Mantel-Debreu Theorem
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Journal Article
The Engineering Tools That Shaped the Rational Expectations Revolution
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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
A Model to “Make Decisions and Take Actions”: Leif Johansen’s Multisector Growth Model, Computerized Macroeconomic Planning, and Resilient Infrastructures for Policymaking
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History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
....
Apart from the role of computing techniques in framing and strength-
ening a certain way of seeing the economy, they decisively shaped of the
procedures ofmacroeconomic planning itself. For one, a computerized
model infrastructure required different personnel than earlier approaches...
View articletitled, A Model to “Make Decisions and Take Actions”: Leif Johansen’s Multisector Growth Model, <span class="search-highlight">Computerized</span> Macroeconomic Planning, and Resilient Infrastructures for Policymaking
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for article titled, A Model to “Make Decisions and Take Actions”: Leif Johansen’s Multisector Growth Model, <span class="search-highlight">Computerized</span> Macroeconomic Planning, and Resilient Infrastructures for Policymaking
Journal Article
Assessing the Economic Consequences of Disarmament: The Work of the United Nations’ 1962 Consultative Group on Conversion
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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...
Journal Article
A Feasible and Objective Concept of Optimal Monetary Policy: The Quadratic Loss Function in the Postwar Period
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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
Applied General Equilibrium Analysis: Birth, Growth, and Maturity
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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
Sorting Charles Tiebout
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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
Framing the Economic Policy Debate
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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...
Image
(a) Fitted and actual values of the estimated production function over 1860...
Available to PurchasePublished: 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
Economic Theory: Structural Abstraction or Behavioral Reduction?
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History of Political Economy (2006) 38 (Suppl_1): 322–342.
Published: 01 December 2006
... for Computational Economics
CERL, Control Data, and PLATO
William C. Norris, the founder of Control Data Corporation, acquired
the rights to the PLATO (Programmed Logic for Automatic Teaching
Operations) system from its developer CERL (Computerized Education
and Research Lab at the University of Illinois...
Journal Article
Systems Analysis as Infrastructural Knowledge: Scientific Expertise and Dissensus under State Socialism
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History of Political Economy (2019) 51 (S1): 204–227.
Published: 01 December 2019
... (Dorodnitsyna, Evtushenko, and Shevchenko 2015, 203). (Schwenkel 2015).23 Many Vietnamese scientists were trained in Soviet institutes in Moscow and Leningrad. Ho Chi Minh himself visited the Computer Center in Moscow, commenting that it was very interesting, but difcult to understand how computerized...
Journal Article
Lucas and Artificial Worlds
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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
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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
Machine Dreams: Economic Agents as Cyborgs
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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
Guy H. Orcutt’s Engineering Microsimulation to Reengineer Society
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History of Political Economy (2020) 52 (S1): 191–217.
Published: 01 December 2020
....
Cherrier
B.
. 2017 . “ ‘It’s Computers, Stupid!’ The Spread of Computers and the Changing Roles of Theoretical and Applied Economics .” In The Age of the Applied Economist: The Transformation of Economics since the 1970s , edited by
Backhouse
R. E.
Cherrier
B.
. History...
Journal Article
Implementation Rationality: The Nexus of Psychology and Economics at the RAND Logistics Systems Laboratory, 1956–1966
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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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