›Cantabrigian Economics‹ and the aggregate production function
نویسندگان
چکیده
منابع مشابه
Technical Change and the Aggregate Production Function
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The Cobb–Douglas function is today one of the most widely adopted assumptions in economic modeling, yet both its theoretical and empirical bases have long been under question. This paper builds an alternative function on very different (albeit also neoclassical) microfoundations aimed at both addressing those theoretical drawbacks and providing a better empirical fit than the Cobb–Douglas formu...
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Before describing the contents of this issue, let me say that we are very pleased to have established relationships with the Tepper School of Business at Carnegie Mellon University and the Southwest Search and Matching Group. These relationships allow us to have ongoing agendas as they will meet regularly throughout the years to come. The conferences we have with the Tepper School of Business a...
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We present a picture of the labor market, one with large flows of jobs and workers, and matching. We develop a consistent approach to the interaction among those flows and the stocks of unemployed workers and vacant jobs, and to the determination of wages. We estimate the matching function, using both aggregate data and data from manufacturing and find evidence of a stable matching process in t...
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chapter one is devoted to a moderate discussion on preliminaries, according to our requirements. chapter two which is based on our work in (24) is devoted introducting weighted semigroups (s, w), and studying some famous function spaces on them, especially the relations between go (s, w) and other function speces are invesigated. in fact this chapter is a complement to (32). one of the main fea...
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ژورنال
عنوان ژورنال: European Journal of Economics and Economic Policies: Intervention
سال: 2011
ISSN: 2052-7764,2052-7772
DOI: 10.4337/ejeep.2011.01.12