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作者:Pencavel, John
作者单位:Stanford University
摘要:In The General Theory, Keynes advanced two hypotheses about movements in wages and urged their empirical investigation. John Dunlop, Lorie Tarshis and Henry Richardson responded to this call with articles published in the Economic Journal in the late 1930s. In turn, Keynes replied to their findings. This exchange is described and the subsequent literature on the cyclical movement of real wages and the rigidity of money wages is outlined. Dunlop, J.T. (1938). The movement of real and money wage...
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作者:Ramsey, F. P.
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作者:Blume, Lawrence E.; Sargent, Thomas J.
作者单位:Cornell University; The Santa Fe Institute; New York University
摘要:Harrod's 1939 Essay in Dynamic Theory' is celebrated as one of the foundational papers in the modern theory of economic growth. Linked eternally to Evsey Domar, he appears in the undergraduate and graduate macroeconomics curricula, and his fundamental equation' appears as the central result of the AK model in modern textbooks. Reading his Essay today, however, the reasons for his centrality are less clear. Looking forward from 1939, we see that the main stream of economic growth theory is buil...
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作者:Chiappori, Pierre-Andre; Lewbel, Arthur
作者单位:Columbia University
摘要:Becker's (1965) paper, A Theory of the Allocation of Time' revolutionised the modelling of household behaviour, by unifying Marshallian demand functions for goods with labour supply and related time use decisions within the household. In this article, we first summarise Becker's time allocation model and associated key contributions, then we show how his original framework extends to modern collective household models. Becker, G.S. (1965). A theory of the allocation of time', Economic Journal,...
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作者:Acemoglu, Daron
作者单位:Massachusetts Institute of Technology (MIT)
摘要:This study revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three complementary but different approaches are useful in the study of a range of current research areas - though they may also yield different answers to important questions. It concludes by highlighting several impo...
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作者:Dietz, Simon; Stern, Nicholas
作者单位:University of London; London School Economics & Political Science
摘要:To slow or not to slow' (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of worldwide importance. We offer our assessment of the original article and trace its legacy, in particular Nordhaus's later series of DICE' models. From this work, many have drawn the conclusion that an efficient global emissions abatement policy comprises modest and modestly increasing controls. We use DICE itself to provide an initial ill...
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作者:Atkinson, A. B.; Sandmo, A.
作者单位:University of London; London School Economics & Political Science; Norwegian School of Economics (NHH)
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作者:Keynes, J. M.
作者单位:University of Cambridge
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作者:Auerbach, Alan J.
作者单位:University of California System; University of California Berkeley
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作者:Heckman, James J.
作者单位:University of Chicago