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The role of prediction in economics: plausibility of testing economic theory, with special reference to Ricardian equivalence.January 1994 (has links)
by Man Ka Kit. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 67-76). / ABSTRACT --- p.3 / INTRODUCTION --- p.4 / Chapter PART I --- WHAT IS PREDICTION? --- p.7 / Chapter 1.1 --- Structure of Scientific Explanation: Covering-Law Model --- p.8 / Chapter 1.2 --- Prediction and Theory choice --- p.10 / Chapter 1.3 --- Prediction and Economic Methodology --- p.11 / Chapter 1.4 --- Conventional Wisdom --- p.12 / Chapter 1.41 --- Friedman's Methodology --- p.12 / Chapter 1.42 --- The Impact of Popper --- p.14 / Chapter 1.5 --- Unconventional Wisdom --- p.16 / Chapter 1.51 --- KUHN AND LAKATOS --- p.16 / Chapter 1.52 --- FEYERABEND THE ANARCHIST --- p.17 / Chapter 1.6 --- Conclusion for Part I --- p.18 / Chapter PART II --- MACROECONOMIC CONTROVERSY --- p.20 / Chapter 2.1 --- "lucas' Critique, the New Classical and the New Keynesian" --- p.20 / Chapter 2.2 --- The Role of Stabilization Policy --- p.22 / Chapter 2.3 --- Effectiveness of Monetary Policy --- p.24 / Chapter 2.4 --- effectiveness of fiscal policy --- p.25 / Chapter 2.5 --- Conclusion for Part II --- p.26 / Chapter PART III --- TESTING RICARDIAN EQUIVALENCE --- p.28 / Chapter 3.1 --- ricardian equivalence versus keynesian theory --- p.29 / Chapter 3:2 --- (unrealistic) assumptions behind ricardian proposition --- p.31 / Chapter 3.21 --- "INEFINTIE horizon, altruism, and intergeneration transfer" --- p.31 / Chapter 3.22 --- IMPERFECT CAPITAL MARKET --- p.34 / Chapter 3 23 --- DISTORTIONARY TAX --- p.35 / Chapter 3.24 --- "BOUNDED rationality, PERFECT FORESIGHT, AND RATIONAL EXPECTATIONS" --- p.36 / Chapter 3.3 --- Empirical Evidence --- p.37 / Chapter 3.31 --- CONSUMPTION FUNCTION STUDIES --- p.38 / Chapter 3 32 --- INTEREST RATE STUDIES --- p.43 / Chapter 3.4 --- technical problems: (unrealistic) assumptions behind the econometric models --- p.45 / Chapter 3.41 --- Specification and Data Generation Process --- p.45 / Chapter 3 42 --- IDENTIFICATION PROBLEM --- p.48 / Chapter 3 43 --- staggerjng of (NOT-well-established) hypotheses --- p.49 / Chapter 3.44 --- PROXIES FOR unobservables --- p.50 / Chapter 3.5 --- Conclusion for Part III --- p.51 / Chapter PART IV --- CONCLUSION --- p.53 / Chapter 4.1 --- Duhem-Quine Thesis --- p.53 / Chapter 4.2 --- The Austrians and Subjectivism --- p.55 / Chapter 4.3 --- hausman --- p.57 / Chapter 4.4 --- Friedman and Popper Revisited --- p.58 / Chapter 4.5 --- The Role of Prediction --- p.61 / EPILOGUE --- p.62 / Ricardian Equivalence Vs Approximate Equivalence: Some Reflections --- p.62 / Truth and Invariance --- p.63 / "Certitude, Simplicity, and Irrationality" --- p.65 / REFERENCES --- p.67
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Alternatívne teórie firmy / Alternative theories of the firmPipíšková Slamková, Mária January 2011 (has links)
This thesis is focused on matters of alternative theories of a company in relation to their neoclasicistic model. It deals with view on profit maximization as traditional goal of a company and on different alternatives of this goal -- either reaching of satisfying amount of profit, or maximizing other economic indicators of a company or even on mission of a company to share with the community from its profit, which is above a company's primary function. This paper reviews function of a profit accross different theories and gives detailed overview on selected models of management and behavioral alternative theories. These points are later on followed by a section dedicated to corporate responsibility of companies. Its placing between alternative theories of company is preceded by an overview of relevant expert literature sources and by an overview of conditions, which current form and understanding of corporate social responsibility formed. The end of the paper is focused on JNJ Corporation and its environment, in which the company fulfills its social responsibility goals.
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An ink-stained neoclassicist: Joel Barlow and the publication of poetry in the early RepublicMcDonald, Willis Burr, III 01 December 2010 (has links)
This study examines the literary career of the eighteenth-century American poet Joel Barlow. Because Barlow, unlike his peers, came to fully embrace print-based methods of authorship and advertising, between 1790-1810 he emerged as the most widely read American poet. Employing a book studies methodology, this project focuses on the publication details surrounding each of Barlow's poems including: his relationships with his publishers, the physical shape and appearance of his works, the cost of those works, how those works were advertised, and the extent of their geographic distribution. The arc of Barlow's career was extraordinary. Barlow's development, his transformation from a standard eighteenth-century club poet who relied on manuscript circulation and oral performance in the 1770s to an international man of letters and a periodical fixture by 1800, highlights the possibilities and limitations of American literary publishing during the early national period. Importantly, Barlow's ability to emphasize, rather than elide, his personal identity in the press, forces scholars to reevaluate their notions of late eighteenth-century republican print culture.
Barlow's career also impacts our reading of American literary history. In an age of caution and deference in American poetry, Barlow was driven to maximize his audience, publishing his poems across all price points and in every medium offered by the time. Barlow's efforts at self-promotion, coupled with his staunch republican politics, allowed his poems to take on a life of their own in the era's fiercely partisan press. Thanks to his association with the transatlantic republican movement and radical religious thinkers, this study suggests that poems such as the "Conspiracy of Kings," (1792) "The Hasty Pudding," (1796) and the Columbiad (1807) enjoyed audiences as large and as economically diverse as those of popular fiction. Even in an age marked by the rise of the novel and the beginnings of romanticism, An Ink-Stained Neoclassicist contends that Barlow's proto-mass audience reveals the persistent popularity and cultural importance of neoclassical verse in the intellectual life of many Americans at the turn of the nineteenth century.
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Responses To International Changes:a Neoclassical Realist Analysis Of Syrian Foreign Policy, 1990-2005Dersan, Duygu 01 September 2012 (has links) (PDF)
This work aims to analyze the responses of Syria to two international changes comparatively. After the end of the Cold War, US initiated a foreign policy doctrine based on American hegemony. This policy was firstly manifested in the war on Iraq as a response to the Iraqi invasion of Kuwait on January 17, 1991. It was noteworthy to see Syria aligning with the US during the Gulf War (1990-1991), as the country had been allied against the US during the Cold War period. Syria was also the first state accepting US proposal for a peace conference known as Madrid Peace Conference. All these developments reveal that Syria had been cooperated with the US in the aftermath of the Cold War. The second international change analyzed within the framework of this study is the September 11 events. Following the September 11 attacks, the US declared a &ldquo / war on terror&rdquo / to recover its superpower position and intervened in Afghanistan and then Iraq. In that process, Syria opted for countering the US and became the leading critique of the invasion of Iraq. This study examines the different responses of Syria to the end of the Cold War and the post-September 11 period through using neoclassical realism as a model.
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Genealogies of Attention: the Emergence of US Hegemony, 1870 -1929Pilatic, Heather Nicole 25 April 2008 (has links)
<p>This dissertation is at once a historical study of the emergence of U.S. hegemony through the lens of discourses and techniques of attention, and a sustained series of methodological reflections centering on how to write and think about historical dynamics of causality. Methodological emphasis is first on establishing a reconceptualization of the dynamics of scientific and commercial accumulation animating capitalist modernity. From there, this study maps the emergence of two intersecting truth technologies that I argue are central to the peculiar ways in which U.S. corporate capitalism has worked over the long twentieth century. These apparatuses of not-only scientific truth are the psychological problematic of attention as a model enabling the representation of, and intervention in, human cognition, and the Marginalist visualization of "the economy" as a welfare equilibrium. </p><p>Both technologies emerged in the final decades of the nineteenth century along with the trans-Atlantic proliferation of research universities, and subsequent re-organizations of the material bases, and representational strategies and practices, of authoritative truth-making. In the U.S., these developments effected a particular displacement and broad re-orientation of previously theological frameworks for understanding human cognition and the "Natural" order of society. I argue that one consequence of this displacement and re-orientation has been the formation of a governmental rationality of the U.S. "Market Republic" that takes the welfare equilibrium of a mass-market economy as its telos and idiom of rational order, while simultaneously rendering civic freedom a matter of choices made after paying the right kind of (primarily economic or scientific) attention. As my examples indicate, this rationality is not necessarily state-based, but rather unfolds medially as a series of conceptual-discursive and socio-technical conventions in three primary institutional sites of attention-gathering and market-making: early mass-circulation print culture, systematic corporate management, and modern research universities. In all three sites, my focus is on communication technologies conceived as staging procedures for the socialization and accumulation of attention.</p><p>As mentioned above, my historical horizon of significance for these investigations is the emergence of U.S. hegemony between 1870 and 1929. By conceptualizing hegemony in terms of a nation's intermediating position as a dominant global "center of (commercial and intellectual/scientific) calculation," I keep in play a general conception of accumulation wherein knowledge, money, and indeed, human attention, are all forms of currency that have kept U.S. hegemony current throughout the long twentieth century (1870 - present). At stake in this alternative account of capitalist accumulation and scientific knowledge as tightly linked networks is not the by-now-standard conflation of scientific and class-based authority to "make things mean;" but rather, an insistently historical, constructivist, and indeed relativist conceptualization of how resources and power systematically concentrate and disperse in the very micro-processes by which people think "truth" with their eyes and hands -- by what they look at, interface with, are constituted in terms of, and so on. To accomplish this, the study proceeds by holding together Giovanni Arrighi's macrosociological theory of world historical capitalism, Bruno Latour's microsociological account of the power of "immutable mobiles" in (scientific) modernity, and Michel Foucault's genealogical conception of history as well as his theory of governmentality (the "conduct of conduct" through practices of freedom).</p> / Dissertation
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The Political Economy of TNCs and the Host Country¡¦s Industrial Policies: a Case study of the Thai Automotive IndustryHung, Po-Chih 10 July 2011 (has links)
Thailand is the 13th automotive manufacturer, and it is also the important part and component manufacturer in the world. After 2000, Toyota and GM established the R&D Centre and Production Base in Thailand. Now, Thailand has become ¡§Detroit of Asia.¡¨
How could we find the developmental model of Thailand automotive industry? Maybe it cannot be explained by one theory. So we try to select three theories, different ideology, to find the path of industrial development in three periods.
Finally, we find the path of automotive industrial development in Thailand. Triple Alliance of dependency development theory let the industry updrade and become more and more important. And then, international division let Thailand became the key role of supply chain in the world. Laissez faire and compare advantage are the characteristics in this period, so we know the developmental model of neo-classical economic theory let Thailand shining in the world.
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Lietuvos infliacijos kontrolės įvertinimas pagal Neoklasikinę ir Neokeinsistinę teorijas / Estimation of inflation control in Lithuania according to Neoclassical and Neokeynesian theoriesTumanova, Eglė 03 April 2009 (has links)
Šiame darbe analizuojamos Neoklasikų bei Neokeinsistų teorinės įžvalgos, per šių teorijų prizmę siekiama įvertinti infliacijos kontrolės priemones, taikytas Lietuvoje 1991-2007 metais. Šiam tikslui pasiekti atlikta Neoklasikų bei Neokeinsistų teorijų analizė, išskirtos bei palygintos šių mokyklų atstovų rekomenduojamos infliacijos priemonės. Taip pat atlikta 1991-2007 metų Lietuvos infliacijos pokyčių bei juos lėmusių veiksnių analizė, peržvelgta šio laikotarpio monetarinė bei fiskalinė politikos. Išskyrus analizuotų Neoklasikų bei Neokeinsistų teorijų autorių siūlomus infliacijos kontrolės metodus, įvertintos Lietuvos infliacijos kontrolės priemonės. Padaryta išvada, kad Lietuvos infliacijos kontrolės modelis turi bruožų, būdingų tiek Neoklasikų, tiek Neokeinsistų teorijoms. / In this work Neoclassical and Neokeynesian academic providence are analyzed with an aim to estimate Lithuanian inflation control devices, applied from 1991 to 2007. In order to reach this goal Neoclassical and Neokeynesian theories are analyzed. Inflation control tools, counseled by representatives of these schools of thoughts, are excluded and compared. Lithuanian inflation variations and their causes are analyzed, monetary and fiscal policies are delineated. By using segregated ideas of analyzed Neoclassical and Neokeynesian authors, Lithuanian inflation control methods are assessed. The conclusion is that Lithuanian inflation control model carries features, which are common both for Neoclassical and Neokeynesian schools of thoughts.
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Endogenous Growth Testing In The European Union And Developing Countries: Taxation, Public Expenditure And GrowthDerin, Pinar 01 January 2003 (has links) (PDF)
In endogenous growth models, in contrast to the neoclassical growth models,
government expenditure and taxation have an effect on the long run growth rate. In
this thesis I examine whether the empirical evidence support the predictions of
endogenous growth models or the neoclassical growth models in relation to fiscal
policy. For this purpose I use panel data for fifteen European Union (EU) member and
thirty-three developing countries between the years 1970 and 1999. I specifically test
the following two propositions. The first proposition states that distortionary taxation
decreases growth while non-distortionary taxation does not. The second, states that
productive government expenditure increases growth while non-productive
expenditure does not. The empirical results are quite different between European Union countries and developing countries. The results do not support endogenous
growth especially for developing countries.
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Corporate Social Responsibility: Engaging Communicative Praxis in an Era of Neoclassical EconomicsBohl, Kenneth 20 April 2012 (has links)
This dissertation is grounded in the belief that corporate social responsibility (CSR) is good for society. However, current indicators stemming from the marketplace raise concerns as to CSR's long term viability. In this dissertation, I argue that corporate social responsibility has reached a tipping point from which it may move to become a fully informed and dominant practice or recede into the status of a passing fad. This project is driven by the question,"What might be done to better ensure a fuller adoption of CSR as a standard business practice?" I am particularly interested in (1) why society needs CSR and (2) how CSR can be sustained. To answer this question, it will be necessary to engage the marketplace of commerce, understand CSR as it is currently implemented, and explore the relationship between CSR and neoclassical economic thought. / McAnulty College and Graduate School of Liberal Arts / Communication and Rhetorical Studies / PhD / Dissertation
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The Nexus of Neoclassical Realism and Soft Power the Case of the West – Russia Geopolitical Rivalries in the “Common Neighbourhood”Huseynov, Vasif 21 February 2018 (has links)
No description available.
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