aggregate econometric model

  • 21Cambridge capital controversy — The Cambridge capital controversy was a 1960s debate in economics concerning the nature and role of capital goods (or means of production). The name arises because of the location of those most involved in the controversy: the debate was largely… …

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  • 22Representative agent — Economists use the term representative agent to refer to the typical individual of a certain type (for example, the typical consumer, or the typical firm). More technically, an economic model is said to have a representative agent if all agents… …

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  • 23Nobuhiro Kiyotaki — New Keynesian economics Born June 1955 (age 56) Nationality  Japan …

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  • 24Dale W. Jorgenson — Born May 7, 1933 (1933 05 07) (age 78) Bozeman, Montana Nationality …

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  • 25Monetary-disequilibrium theory — is basically a product of the Monetarist school mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium(disequilibrium) was however defined in terms of an individual s demand for… …

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  • 26Microsimulation — Contents 1 Introduction 2 Econometric Microsimulation 3 Traffic Microsimulation 4 Pedestrian or Crowd Microsimulation …

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  • 27economic forecasting — Prediction of future economic activity and developments. Economic forecasts, which range from a few weeks to many years, are widely used in business and government to help formulate policy and strategy. Macroeconomic forecasts predict the course… …

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  • 28Business cycle — Economics …

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  • 29Sonnenschein–Mantel–Debreu theorem — The Sonnenschein–Mantel–Debreu theorem (named after Gérard Debreu, Rolf Ricardo Mantel, and Hugo Freund Sonnenschein) is a result in general equilibrium economics. It states that the excess demand function for an economy is not restricted by the… …

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  • 30New Trade Theory — Economics …

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