IDEAS home Printed from https://ideas.repec.org/a/rce/rvceco/47633.html
   My bibliography  Save this article

Different perspectives in economic theory

Author

Listed:
  • Hartley-Ballestero, Rocío

Abstract

The article is a synthesis of the contributions of some economic thinkers, in relation to how they structured a macroeconometric model. This work integrates authors who are they not usually analyzed together, which allows a syntax, which facilitates the comparison of their perspectives on economic theory or closing rules. It is a very difficult compendium to find in the abundant specialized literature, which also does not address the methodological specificities of each author, in relation to how they used the closure rules in their respective models. This void is what the document intends to correct, using a homogeneous mathematical structure, which makes it easier to visualize and understand clearly, how these thinkers closed their corresponding models. He realizes in the analysis, that it is possible to make combinations of various thoughts, which lead to a coherent result of the reality that you want to analyze. Subsequently, the schools of thought that represent them are they synthesized.

Suggested Citation

  • Hartley-Ballestero, Rocío, 2021. "Different perspectives in economic theory," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 39(1), December.
    • Handle: RePEc:rce:rvceco:47633
    as

    Download full text from publisher

    File URL: https://revistas.ucr.ac.cr/index.php/economicas/article/view/47633
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marc Lavoie, 2014. "Post-Keynesian Economics: New Foundations," Post-Print hal-01343652, HAL.
    2. Walras,Léon Editor and Translator-Name:Walker,Donald A. Editor and Translator-Name:van Daal,Jan, 2014. "Léon Walras: Elements of Theoretical Economics," Cambridge Books, Cambridge University Press, number 9781107064133, January.
    3. Nobuhiro Hosoe & Kenji Gasawa & Hideo Hashimoto, 2010. "Macro Closure," Palgrave Macmillan Books, in: Textbook of Computable General Equilibrium Modelling, chapter 7, pages 122-127, Palgrave Macmillan.
    4. Taylor, Lance & Lysy, Frank J., 1979. "Vanishing income redistributions : Keynesian clues about model surprises in the short run," Journal of Development Economics, Elsevier, vol. 6(1), pages 11-29, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roberto Veneziani & Luca Zamparelli & Michalis Nikiforos & Gennaro Zezza, 2017. "Stock-Flow Consistent Macroeconomic Models: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1204-1239, December.
    2. Haider A. Khan, 2007. "Social Accounting Matrix: A Very Short Introduction for Economic Modeling," CIRJE F-Series CIRJE-F-477, CIRJE, Faculty of Economics, University of Tokyo.
    3. Botte, Florian & Dallery, Thomas, 2019. "Analyse systématique du modèle de Bhaduri et Marglin à prix flexibles : « Ça dépend de la valeur des paramètres » [Systematic analysis of the Bhaduri-Marglin Model with flexible prices: « It depend," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 26.
    4. Rezai, Armon & Stagl, Sigrid, 2016. "Ecological Macreconomics: Introduction and Review," Ecological Economic Papers 9, WU Vienna University of Economics and Business.
    5. Siemoneit, Andreas, 2023. "Growth imperatives as a conflict between efficiency and justice," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 301394.
    6. repec:clr:wugarc:y:2016v:42i:04p:617 is not listed on IDEAS
    7. Dorothée Boccanfuso & Luc Savard, 2005. "Impact Analysis of the Liberalization of Groundnut Production in Senegal: A Multi-household Computable General Equilibrium Model," Cahiers de recherche 05-12, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    8. Riccardo Magnani & Luca Piccoli & Martine Carré & Amedeo Spadaro, 2013. "Would a euro's depreciation improve the French economy?," Working Papers hal-01515823, HAL.
    9. Giandomenica Becchio, 2020. "The Two Blades of Occam's Razor in Economics: Logical and Heuristic," Economic Thought, World Economics Association, vol. 9(1), pages 1-17, July.
    10. Nieto, Jaime & Carpintero, Óscar & Miguel, Luis J. & de Blas, Ignacio, 2020. "Macroeconomic modelling under energy constraints: Global low carbon transition scenarios," Energy Policy, Elsevier, vol. 137(C).
    11. Reddy, Niall, 2024. "“Downsize And Distribute” Or “Merge And Monopolize”? A Critique Of Corporate Financialization Theories," SocArXiv 2zy5h_v1, Center for Open Science.
    12. Massimo Cingolani, 2015. "Sylos Labini su Marx: implicazioni per la politica economica (Sylos Labini on Marx: economic policy implications)," Moneta e Credito, Economia civile, vol. 68(269), pages 81-147.
    13. Louis-Philippe Rochon & Guillaume Vallet, 2022. "The institutions of the people, by the people and for the people? Addressing central banks' power and social responsibility in a democracy," PSL Quarterly Review, Economia civile, vol. 75(301), pages 83-102.
    14. Schoder, Christian, 2020. "A Keynesian Dynamic Stochastic Disequilibrium model for business cycle analysis," Economic Modelling, Elsevier, vol. 86(C), pages 117-132.
    15. Mark Setterfield & Yun K. Kim, 2017. "Household borrowing and the possibility of 'consumption-driven, profit-led growth'," Review of Keynesian Economics, Edward Elgar Publishing, vol. 5(1), pages 43-60, January.
    16. Michalis Nikiforos & Simon Grothe & Jan David Weber, 2024. "Markups, profit shares, and cost-push-profit-led inflation," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 33(2), pages 342-362.
    17. Christos Pierros, 2021. "Assessing the internal devaluation policy implemented in Greece in an empirical stock‐flow consistent model," Metroeconomica, Wiley Blackwell, vol. 72(4), pages 905-943, November.
    18. Nathalie Lazaric & Pasquale Tridico & Sebastiano Fadda, 2020. "Governing structural changes and sustainability through (new) institutions and organizations," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1267-1273, November.
    19. Jo, Tae-Hee & Todorova, Zdravka, 2015. "Frederic S. Lee’s Contributions to Heterodox Economics," MPRA Paper 62568, University Library of Munich, Germany.
    20. Phil Armstrong, 2020. "Can Heterodox Economics Make a Difference?," Books, Edward Elgar Publishing, number 19964, March.
    21. Heise, Arne, 2018. "Postkeynesianismus: Ein heterodoxer Ansatz auf der Suche nach einer Fundierung," ZÖSS-Discussion Papers 69, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rce:rvceco:47633. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Luis J. Hall (email available below). General contact details of provider: https://edirc.repec.org/data/iiucrcr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.