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Journal Article
History of Political Economy (2009) 41 (1): 1–55.
Published: 01 March 2009
...Pedro Garcia Duarte Monetary economists argue that they adopted quadratic loss functions because the latter delivered easy solutions to complex stochastic models. In that narrative, Simon (1956) and Theil (1957) are mentioned by their proofs that models with quadratic objective functions have...
Journal Article
History of Political Economy (1990) 22 (1): 167–172.
Published: 01 March 1990
.... Smolensky. 1964 . Aggregate supply and demand analysis . New York: Harper & Row. de Jong , F. J. 1954a . Supply functions in Keynesian economics. Economic Journal 64 ( March ): 3 -24. de Jong , F. J. 1954b . Rejoinder. Economic Journal 64 ( December ): 840 -41. de Jong...
Journal Article
History of Political Economy (1992) 24 (1): 153–181.
Published: 01 March 1992
.... Copyright © 1992 by Duke University Press 1992 References Bassie , V. L. 1946 . Consumers' Expenditures in War and Transition. Review of Economic Statistics 28 . 3 ( August ): 121 -29. Blinder , A. S. 1975 . Distribution Effects and the Aggregate Consumption Function. Journal...
Journal Article
History of Political Economy (1978) 10 (4): 577–596.
Published: 01 November 1978
... Analysis . New York, 1964 . de Jong , F. J. “Supply Functions in Keynesian Economics.” Economic Journal 64 (March 1954 ): 3 -24. Gordon , Donald F. “A Neo-Classical Theory of Keynesian Unemployment.” In The Phillips Curve and Labor Markets , edited by K. Brunner and A. H. Meltzer...
Journal Article
History of Political Economy (2011) 43 (4): 779–781.
Published: 01 November 2011
...Jim Thomas Representation and Structure in Economics: The Methodology of Econometric Models of the Consumption Function . By Chao Hsiang-Ke . London : Routledge , 2009 . xiii; 161 pp. £65.00 . Copyright 2011 by Duke University Press 2011 References Malinvaud Edmond...
Journal Article
History of Political Economy (2004) 36 (4): 589–616.
Published: 01 November 2004
... and Function of Price Indexes: A Historical Accounting H. Spencer Banzhaf At least when speaking theoretically, most economists today are likely to define a price index for measuring the cost of living in explicitly utilitar- ian terms. That is, they would define it as the ratio of expenditure func...
Journal Article
History of Political Economy (2001) 33 (1): 1–19.
Published: 01 March 2001
....” HOPE 11.4 : 459 -76. Arrow, K. J. 1974 . The Measurement of Real Value Added. In Nations and Households in Economic Growth ,edited by Paul A. David and Melvin W. Reder. New York: Academic Press. Brems, H. 1998 . Comment on Weber: Did Pareto Have a Cobb-Douglas Utility Function? Journal...
Journal Article
History of Political Economy (1974) 6 (2): 158–162.
Published: 01 June 1974
.... Weintraub , S. An Approach to the Theory of Income Distribution . Philadelphia, 1958 . Wells , P. “Keynes' Aggregate Supply Function: A Suggested Interpretation.” Economic Journal , Sept. 1960 , p. 536 -42. Keynes’ employment function Paul Wells...
Journal Article
History of Political Economy (1974) 6 (2): 162–164.
Published: 01 June 1974
... equals the marginal product of labor, he did not accept this relation as being one that specified the level of employment as being a function of the real wage rate. The analysis in chapter 20 makes it clear that he accepted this relation as a statement of the dependence of the real wage rate...
Journal Article
History of Political Economy (1974) 6 (2): 164–170.
Published: 01 June 1974
... that Keynes, in The General Theory, never wrote about, or thought in terms of, an aggregate production function q = f(N) whose derivative with respect to labor services could be set equal to the real wage to give a demand curve for labor like w/p = f(N) = MPL. Wells’ equations, his embodiment...
Journal Article
History of Political Economy (1976) 8 (3): 428–434.
Published: 01 September 1976
...Barbara Henneberry; James G. Witte Copyright © 1976 by Duke University Press 1976 Barbara Henneberry is a research economist ; James Witte is Professor of Economics at Indiana University (Bloomington). Keynes’ employment function reexamined Barbara Henneberry and James...
Journal Article
History of Political Economy (1977) 9 (1): 156–159.
Published: 01 March 1977
... or traditional entre- preneurs, albeit followers rather than Schumpeterian leaders. University of Nottingham A. W. COATS THE AGGREGATE SUPPLY FUNCTION: A CORRECTION’ By Don Patinkin In my recent essay in this journal...
Journal Article
History of Political Economy (1980) 12 (1): 29–40.
Published: 01 March 1980
... of Political Economy 77 ( 1975 ): 123 -31. Sandelin , Bo “On the Origin of the Cobb-Douglas Production Function.” Economy and History 19 ( 1976 ): 117 -23. Stigler , George J. Production and Distribution Theories . New York, 1941 . Swan , T. W. “Economic Growth and Capital...
Journal Article
History of Political Economy (1994) 26 (3): 521–523.
Published: 01 September 1994
Journal Article
History of Political Economy (2020) 52 (4): 621–652.
Published: 01 August 2020
...Jeff Biddle The CES production function was introduced to economics in the 1961 paper “Capital-Labor Substitution and Economic Efficiency,” by Kenneth Arrow, Hollis Chenery, Bagicha Minhas, and Robert Solow. The paper had an immediate and substantial impact on economic research, and the CES...
Journal Article
History of Political Economy (2019) 51 (3): 493–513.
Published: 01 June 2019
...Hsiang-Ke Chao Empirical tests in economics may not decisively confirm or disconfirm a theory. Three cases of studies of consumption function from the 1930s to the early 1970s discussed in this article show that we can interpret economists’ practices as inferences to derive the best model from...
Journal Article
History of Political Economy (1985) 17 (2): 245–264.
Published: 01 June 1985
... Press CCC 00 I 8-2702/85/$1.50 The functions of numerical data in the writings of Graunt , Petty, and Davenant A. M.Endres I. Introduction This is a study of the functions of numerical data...
Journal Article
History of Political Economy (1999) 31 (2): 393–416.
Published: 01 June 1999
... Theory of Individual Demand Functions. Economica 1 ( May ): 196 -219. Houthakker , Hendrik S. . 1960 . Additive Preferences. Econometrica 28 ( April ): 244 -56. Intriligator , Michael D. . 1971 . Mathematical Optimization and Economic Theory . Englewood Cliffs, N.J.: Prentice...
Journal Article
History of Political Economy (2007) 39 (2): 253–262.
Published: 01 June 2007
... économique et sociale 22 : 109 -19. The Nature, Functions, and Value of Money: A Brief Exposition of Turgot’s Monetary Theory Peter Groenewegen Given the very limited discussion of Turgot’s monetary economics (even at the large Turgot conference held at the University of Caen in 2003...
Journal Article
History of Political Economy (2019) 51 (S1): 155–179.
Published: 01 December 2019
...Richard E. Ericson This article discusses the perhaps most systematic attempt to develop mathematical methods for use in planning and management of the Soviet economy: the system for optimal functioning of the economy (SOFE). The intellectual ferment of the post-Stalin “thaw,” and increasing...