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in Bielefeld Game Theory and Indiana Institutional Analysis: Elinor Ostrom and Theories of Common-Pool Resources
> History of Political Economy
Published: 01 June 2024
Figure 6. Variables that influence a resource appropriator's decision to push for changes in the rules governing use of the resource.
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Journal Article
History of Political Economy (2011) 43 (suppl_1): 166–187.
Published: 01 December 2011
... demand study, and his 1955 and 1958 papers on limited dependent variables (Tobit estimation), were contributions to econometrics, not just the use of existing techniques by an applied economist. The present essay examines Tobin's involvement with econometrics from his student days “teaching myself...
Journal Article
History of Political Economy (2008) 40 (1): 133–162.
Published: 01 March 2008
... of payments. Exchange rates are monetary variables, and monetary policy strongly influences their movement. Contrary to received commentaries, Graham was the first twentieth-century economist to make a coherent case for flexible rates; he was an unappreciated forerunner of postwar, Chicago-based advocacy...
Journal Article
History of Political Economy (2017) 49 (3): 405–436.
Published: 01 September 2017
...Mauro Boianovsky This essay makes use of archival material to examine Evsey Domar's role in the introduction of the rate of growth as a variable in economics in the 1940s and 1950s. Domar investigated the nature of what he called the “moving equilibrium” of economic processes with infinite duration...
Journal Article
Models, Measurement, and “Universal Patterns”: Jan Tinbergen and Development Planning without Theory
History of Political Economy (2018) 50 (S1): 231–248.
Published: 01 December 2018
... for abstract mathematical models as helping inquirers to rise above such impediments, even if only temporarily, or to gain focus, as was the case with his making technical progress an exogenous variable. Tinbergen’s models of the “first stage” were also intended to make planning for development tractable...
Journal Article
History of Political Economy (2019) 51 (3): 471–491.
Published: 01 June 2019
...: the structure of the money market is clearer, as is the relationship of its equations with the microeconomic choices of banks. Regarding credit rationing, we found that modelers made important efforts to include it despite its nonobservable nature and to develop a measure of it. A succession of proxy variables...
Journal Article
History of Political Economy (2020) 52 (S1): 191–217.
Published: 01 December 2020
... economy. Early in his career, he had developed an analogue electrical-mechanical “regression analyzer” to calculate statistical estimates. During the mid-1950s, he shifted to micro-level data and the Monte Carlo method, and then created the first microanalytic simulation of demographic variables. After...
Journal Article
History of Political Economy (2021) 53 (S1): 81–110.
Published: 01 December 2021
... orientations. By analyzing the financial programming tool, the article shows that the treatment of basic national accounting identities neglects variables like household consumption even when alternative methods exist. Changes in methods may be discarded to ensure the legibility of economic works over...
Journal Article
History of Political Economy (2022) 54 (5): 859–877.
Published: 01 October 2022
...Maria Pia Paganelli Abstract What are the causes of prosperity? In addition to the division of labor, saving, capital accumulation, and good institutions, Adam Smith explains opulence through vanity and luck, two variables we tend to forget today. For Smith, wealth comes from our propensity...
Journal Article
History of Political Economy (2023) 55 (3): 577–608.
Published: 01 June 2023
... countries. The article points to four different functions of narrative in economic reasoning: as a sense-making technology, as a tool of persuasion, to fill in gaps and correct quantitative reasoning, and to link alternative policy measures to changes in parameters and variable inputs in complex econometric...
FIGURES
Journal Article
History of Political Economy (2011) 43 (suppl_1): 140–165.
Published: 01 December 2011
... . User’s Manual for the Estimation of Linear Equations with Lagged Dependent Variables and Autoregressive Errors . London School of Economics . ———. 1974 . Stochastic Specification in an Aggregate Demand Model of the United Kingdom . Econometrica 42.3 : 559 – 78 . Hildreth C. Jarrett F...
Journal Article
History of Political Economy (1990) 22 (3): 489–505.
Published: 01 September 1990
...,
the aggregation of economic variables has not been included in lists of
Walras's contributions. Nevertheless, he added individual supply func-
tions to obtain market supply functions and added individual demand
functions to obtain market demand functions, and he did so as early as
1874, thereby achieving...
Journal Article
History of Political Economy (2010) 42 (1): 75–110.
Published: 01 March 2010
... denote an economic variable, the
observed values of which may be considered as results of planned eco-
nomic decisions taken by individuals, fi rms, etc. And let us start from the
assumption that the variable y is infl uenced by a number of causal fac-
tors, x1, x2, . . . .
Our hope in economic...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 258–282.
Published: 01 December 2011
... with Variable Coefficients: Integration and Extension . Annales de l’INSEE 30–31 : 483 – 509 . ———. 1978b . On the Pooling of Time Series and Cross Section Data . Econometrica 46 : 69 – 85 . Mundlak Y. Hoch I. . 1965 . Consequences of Alternatives Specifications in Estimation of Cobb...
Journal Article
History of Political Economy (1997) 29 (4): 593–633.
Published: 01 November 1997
...,
and the control of bills of exchange is discussed in the last one.
The emphasis is on estimating linear relationships between changes
in dependent and independent variables, in line with the currency school
model which implies proportionality. Since the emphasis is on monetary
control, it is reasonable...
Journal Article
History of Political Economy (2023) 55 (2): 279–316.
Published: 01 April 2023
... to businesses, P 1 is the wholesale price index, and E 2 is an estimate of permanent income. 9 Subscripts are attached to the equation's variables because the author experimented with a number of alternative measures. These included two measures of money, three concepts of the interest...
FIGURES
Journal Article
History of Political Economy (1984) 16 (4): 577–582.
Published: 01 November 1984
... saving is the imposition of constraints on the firm, as suggested in
Samuelson 1982.
577
578 History of Political Economy 16:4 (1984)
ness can also be removed by allowing the number of firms in the market
to be a variable (Section II...
Journal Article
History of Political Economy (1990) 22 (2): 281–294.
Published: 01 June 1990
.... Every algebraic equation or set of such equa-
tions defines in this sense a class of patterns, with the individual
manifestation of this kind of pattern being particularized as we
substitute definite values for the variables. (1967b, 23-24)
6. See, e.g., Hayek 1967a, 4-5; 1967c, 94...
Journal Article
History of Political Economy (1986) 18 (1): 87–110.
Published: 01 March 1986
... of it is accumulated. According to Marx the total production can
be presented in this case as follows:
I. Means-of-production industries
Constant capital (c) + variable capital (v) + surplus value (m)
3. The English translation is Luxemburg 1951. [Translator]
King Otto Bauer’s...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 315–333.
Published: 01 December 2009
... Origins of Comparative Development: An Investigation of the Settler Mortality Data . Mimeo, University of Michigan. Angrist, J., and G. Imbens. 1999 . Comment on James J. Heckman, “Instrumental Variables: A Study of the Implicit Behavioral Assumptions Used in Making Program Evaluations.” Journal...
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