the economist apos s masculine credentials

... Economic Analysis, based upon his Ph.D dissertation at Harvard University, established him as the economists’ economist by raising the standards of the entire profession Paul Samuelson s classic textbook, ... lesser degree by scientists themselves It is not so well understood by most economists: ITEA02 8/15/06, 2:57 PM E Roy Weintraub There are two principal issues of concern First, there is the issue ... economics is not just the history told by the research scientists themselves, but it is a history of the import and impact of ideas (see Bernstein 2001) In this passage of ideas, what is termed the...

Ngày tải lên: 09/08/2014, 19:21

... analysis it was as a response to the weaknesses of classical–neoclassical supply-and-demand analysis It was terribly disjointed essentially, I always thought You read my Presidential Address, I ... professors I was research assistant of Professor Sombart, who was a quite interesting historical economist, and Bortkiewicz, who was a mathematical economist But Professor Sombart didn’t understand ... in the structure of the overlappinggenerations model, as two classes of households One class can trade assets against the state of the world, while the other can’t because it is born later, so...

Ngày tải lên: 09/08/2014, 19:21

... not resist asking Bob a few questions about his GSIA years in the interview Many researchers in the economics profession have been impressed and inspired by Lucas s technical skills, but the clarity ... technology shocks, in your opinion, in generating business cycles? Lucas: The answer must depend on which cycles we are talking about If we are discussing the U .S Depression in the 193 0s or the depression ... students to put theorems and propositions they learned at school into context That was why many of the Western economists who went as advisers to Eastern Europe or Russia after the change of the system...

Ngày tải lên: 09/08/2014, 19:21

... generations seem to be less and less thrifty, that is, save less and less at any given level of income These conclusions all are consequences of the association between current and transitory income Then ... of the most significant and innovative implications of the life-cycle hypothesis Barnett: There has been much research and discussion about possible reforms or changes to the Social Security System ... generates saving Consider again the simplified case of no bequests Then each individual saves zero over its life cycle If there is no growth, the path of saving by age is the same as the path of saving...

Ngày tải lên: 09/08/2014, 19:21

... autoregressions almost as well Also, variables that pass Granger causality tests can seem to perform as badly in future samples as those that fail Granger tests And, still the nonstationariness of ... of the Bretton Woods system internationally and the Glass–Steagall banking system domestically Consequently, there is some sadness today when he looks back on his career, but there is also a sense ... forecasts No Tom Kuhn case study here at all Barnett: Let s get back to your own post-1936 macro hits and misses, beliefs, and evolutions Samuelson: As in some other answers to this interview s questions,...

Ngày tải lên: 09/08/2014, 19:21

... learn the art of choosing which topics to work on? Feldstein: Pick real issues as opposed to issues that just are currently consuming the journals Pick big issues And if possible, pick new issues, ... Cowles Commission-style exclusion restrictions but applied to either the instantaneous response matrices or the long-run response matrices of multiple time series to economic shocks Is this a ... to resource supply were the things that should be most sensitive The answer was “Certainly not.” I also studied questions such as economies of scale and optimal hospital size I estimated cost functions,...

Ngày tải lên: 09/08/2014, 19:21

... about the later crises? Fischer: The Asian crisis, followed by the Russian crisis, the LTCM crisis in the United States, and then the Brazilian crisis, certainly kept us busy, and at times frightened ... lines during the Mexican crisis, the Russian crisis, the Asian crises, and many others From the peeks I got of him during those times, what strikes me most is how he remained the same as he had been ... fund theory is an example, where economists confused a fund with a flow My instructor, Shorey Peterson, at Michigan, stressed this, but it was also my physics professors that stressed to me the...

Ngày tải lên: 09/08/2014, 19:21

... GMM estimates using a subset of the moment conditions for the model and data set at hand Presumably, they impose only a subset of the moment conditions because they trust some aspects of their ... Indeed, there is another aspect to the question: the debate among professional economists, and the communication from the professional economists to the general public Here again, there is a big ... Economics, better known as EDP, was started in 1978 It has some 120 graduates to date The first of these, a certain Pierre Dehez, set the standards! One of the indicators of success is that EDP has...

Ngày tải lên: 09/08/2014, 19:21

... favoritism towards Egypt One of these people was my cousin Steve Strauss, who was the masseur at the King David Kissinger often went to get a massage from Steve Steve told us that whenever Kissinger ... usual Hillel s answers were adaptive: the eyes are smaller because these tribesmen live in a windy, sandy region, and the smallness of the eyes enables them better to keep the sand out; and the ... Joseph Gansler The classes were very small; the high school had just started operating He used to gather the students around his desk What really turned me on was geometry, theorems, and proofs...

Ngày tải lên: 09/08/2014, 19:21

... I suggested studying war, game theory studies selfishness Obviously, studying war is not the same as advocating war; similarly, studying selfishness is not the same as advocating selfishness Bacteriologists ... the issue of assumptions versus conclusions? Aumann: There is a lot of discussion in economic theory and in game theory about the reasonableness or correctness of assumptions and axioms That is ... described me, in developing the so-called neoclassical synthesis I don’t think neoclassical synthesis is a good name for it, since it was a neoclassical/ neo-Keynesian synthesis, but I guess...

Ngày tải lên: 09/08/2014, 19:21

... Economic Analysis, based upon his Ph.D dissertation at Harvard University, established him as the economists’ economist by raising the standards of the entire profession Paul Samuelson s classic textbook, ... lesser degree by scientists themselves It is not so well understood by most economists: ITEA02 8/15/06, 2:57 PM E Roy Weintraub There are two principal issues of concern First, there is the issue ... economics is not just the history told by the research scientists themselves, but it is a history of the import and impact of ideas (see Bernstein 2001) In this passage of ideas, what is termed the...

Ngày tải lên: 10/08/2014, 07:21

... analysis it was as a response to the weaknesses of classical–neoclassical supply-and-demand analysis It was terribly disjointed essentially, I always thought You read my Presidential Address, I ... professors I was research assistant of Professor Sombart, who was a quite interesting historical economist, and Bortkiewicz, who was a mathematical economist But Professor Sombart didn’t understand ... in the structure of the overlappinggenerations model, as two classes of households One class can trade assets against the state of the world, while the other can’t because it is born later, so...

Ngày tải lên: 10/08/2014, 07:21

... not resist asking Bob a few questions about his GSIA years in the interview Many researchers in the economics profession have been impressed and inspired by Lucas s technical skills, but the clarity ... technology shocks, in your opinion, in generating business cycles? Lucas: The answer must depend on which cycles we are talking about If we are discussing the U .S Depression in the 193 0s or the depression ... students to put theorems and propositions they learned at school into context That was why many of the Western economists who went as advisers to Eastern Europe or Russia after the change of the system...

Ngày tải lên: 10/08/2014, 07:21

... generations seem to be less and less thrifty, that is, save less and less at any given level of income These conclusions all are consequences of the association between current and transitory income Then ... of the most significant and innovative implications of the life-cycle hypothesis Barnett: There has been much research and discussion about possible reforms or changes to the Social Security System ... generates saving Consider again the simplified case of no bequests Then each individual saves zero over its life cycle If there is no growth, the path of saving by age is the same as the path of saving...

Ngày tải lên: 10/08/2014, 07:21

... autoregressions almost as well Also, variables that pass Granger causality tests can seem to perform as badly in future samples as those that fail Granger tests And, still the nonstationariness of ... of the Bretton Woods system internationally and the Glass–Steagall banking system domestically Consequently, there is some sadness today when he looks back on his career, but there is also a sense ... forecasts No Tom Kuhn case study here at all Barnett: Let s get back to your own post-1936 macro hits and misses, beliefs, and evolutions Samuelson: As in some other answers to this interview s questions,...

Ngày tải lên: 10/08/2014, 07:21

... learn the art of choosing which topics to work on? Feldstein: Pick real issues as opposed to issues that just are currently consuming the journals Pick big issues And if possible, pick new issues, ... Cowles Commission-style exclusion restrictions but applied to either the instantaneous response matrices or the long-run response matrices of multiple time series to economic shocks Is this a ... to resource supply were the things that should be most sensitive The answer was “Certainly not.” I also studied questions such as economies of scale and optimal hospital size I estimated cost functions,...

Ngày tải lên: 10/08/2014, 07:21

... about the later crises? Fischer: The Asian crisis, followed by the Russian crisis, the LTCM crisis in the United States, and then the Brazilian crisis, certainly kept us busy, and at times frightened ... lines during the Mexican crisis, the Russian crisis, the Asian crises, and many others From the peeks I got of him during those times, what strikes me most is how he remained the same as he had been ... fund theory is an example, where economists confused a fund with a flow My instructor, Shorey Peterson, at Michigan, stressed this, but it was also my physics professors that stressed to me the...

Ngày tải lên: 10/08/2014, 07:21

... GMM estimates using a subset of the moment conditions for the model and data set at hand Presumably, they impose only a subset of the moment conditions because they trust some aspects of their ... Indeed, there is another aspect to the question: the debate among professional economists, and the communication from the professional economists to the general public Here again, there is a big ... Economics, better known as EDP, was started in 1978 It has some 120 graduates to date The first of these, a certain Pierre Dehez, set the standards! One of the indicators of success is that EDP has...

Ngày tải lên: 10/08/2014, 07:21

... favoritism towards Egypt One of these people was my cousin Steve Strauss, who was the masseur at the King David Kissinger often went to get a massage from Steve Steve told us that whenever Kissinger ... usual Hillel s answers were adaptive: the eyes are smaller because these tribesmen live in a windy, sandy region, and the smallness of the eyes enables them better to keep the sand out; and the ... Joseph Gansler The classes were very small; the high school had just started operating He used to gather the students around his desk What really turned me on was geometry, theorems, and proofs...

Ngày tải lên: 10/08/2014, 07:21

... I suggested studying war, game theory studies selfishness Obviously, studying war is not the same as advocating war; similarly, studying selfishness is not the same as advocating selfishness Bacteriologists ... the issue of assumptions versus conclusions? Aumann: There is a lot of discussion in economic theory and in game theory about the reasonableness or correctness of assumptions and axioms That is ... described me, in developing the so-called neoclassical synthesis I don’t think neoclassical synthesis is a good name for it, since it was a neoclassical/ neo-Keynesian synthesis, but I guess...

Ngày tải lên: 10/08/2014, 07:21