How has the study of economic history influenced the development of neoclassical macroeconomic thought?

Stock markets must be characterized by imperfect information, so long as information is costly; there is, as Grossman and Stiglitz (1980a) put it, an ... In the research process for this paper, I read books and articles on agriculture, food, and hunger. In the interest of making the distinction between the ... ... economics academy. Keywords. Amartya Sen, Thorstein Veblen, Capability Approach, Neoclassical Economics, Economic. Methodology/Ontology. Page 3. Forthcoming in ... ... information has this double existence in neoclassical economic theory). Two Forms Of Information In Information Economics. Information takes up at least two ... Apr 7, 2025 ... Going beyond neoclassical economic theory, Nelson and Winter (1985) described consequences of dynamic processes of innovation in ... Jul 1, 2020 ... ... economy, towards a neoclassical economic model. Investment management and research firms are adapting to change in payment mechanisms at a ... Neoclassical economics focuses on differentials in wages and employment condi- tions between countries, and on migration costs; it generally conceives of. Nov 6, 2024 ... Most research in finance and economics—whether for factors, asset allocation, or anomalies—relies on daily, monthly, or quarterly data. For most ... May 18, 2016 ... An neoclassical economy. There is a continuum of “farmers”, which ... Vives (2005): “Informational and Economic Efficiency in REE with Asymmetric. The new institutional economics aspires to bridge the gap between neoclassical economics and organization theory (Williamson, 1985; Furubotn and Richter, 1998).