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with a previously unpublished paper by the author and a new foreword by Edward Glaeser Fischer Black was known for his brilliance as well as for his sometimes controversial opinions. Highly respected for his scholarly writings in finance, with this book he moved into different territory, offering an incisive, unconventional assessment of general equilibrium theory and what that theory reveals about business cycles, growth, and labor economics. In Exploring General Equilibrium, Black asserts that the general equilibrium approach can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the volatility of consumption, output, sales, investment, and inventories with axiomatic utility and constant-returns-to-scale production. It can explain temporary layoffs, job changes with and without intervening unemployment, and the behavior of vacancies. It can explain lower wages in part-time jobs, wages that increase rapidly with time on the job, and the forces that cause migration from poor to rich countries. This paperback edition of Exploring General Equilibrium includes a previously unpublished paper by Black, "Neutral Technical Change," edited by Harvard economist Edward Glaeser, who also contributes the foreword.

Exploring General Equilibrium (The MIT Press) ebooks

[PDF] Exploring General Equilibrium MIT Press - Reading ~ Exploring General Equilibrium The MIT Press An incisive, unconventional assessment of general equilibrium theory; with a previously unpublished paper. Fischer Black is known for his brilliance as well as his sometimes controversial opinions. Highly respected for his scholarly writings in finance, he now moves into different territory with this incisive, unconventional assessment of general .

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Exploring General Equilibrium / The MIT Press ~ An incisive, unconventional assessment of general equilibrium theory; with a previously unpublished paper. Fischer Black is known for his brilliance as well as his sometimes controversial opinions. Highly respected for his scholarly writings in finance, he now moves into different territory with this incisive, unconventional assessment of general equilibrium theory and what that theory reveals .

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Exploring General Equilibrium By Fischer Black ~ In Exploring General Equilibrium, Black asserts that the general equilibrium approach can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. Exploring General Equilibrium (The MIT Press): .co .

Exploring general equilibrium (Book, 2010) [WorldCat] ~ In Exploring General Equilibrium, Black asserts that the general equilibrium approach can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition.

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Exploring general equilibrium (Book, 1995) [WorldCat] ~ Get this from a library! Exploring general equilibrium. [Fischer Black] -- The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies .

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Exploring General Equilibrium by Fischer Black ~ I picked up Exploring General Equilibrium because I had read an interview where Eugene F. Fama said, "Fischer was one of the rare pe Sadly, it was published after Fischer Black died of throat cancer. Myron Scholes was later given the Nobel Prize for his part in developing the Black-Scholes framework for pricing derivatives.

Classical General Equilibrium Theory / The MIT Press ~ Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of the theory began only in the 1930s and 1940s. This book focuses on the version of the theory developed in the second half of the twentieth century, referred to by Lionel McKenzie as the classical general equilibrium theory.

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Exploring General Equilibrium - Fischer Black - Google Books ~ Fischer Black is known for his brilliance as well as his sometimes controversial opinions. Highly respected for his scholarly writings in finance, he now moves into different territory with this incisive, unconventional assessment of general equilibrium theory and what that theory reveals about business cycles, growth, and labor economics.The general equilibrium approach, Black asserts, can be .

Exploring General Equilibrium (豆瓣) - book.douban ~ Exploring General Equilibrium 作者 : Fischer Black 出版社: MIT Press 出版年: 1995-8-10 页数: 330 定价: GBP 42.95 装帧: Hardcover ISBN: 9780262023825 豆瓣评分

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