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" On time : "


Document Type : BL
Record Number : 1024931
Doc. No : b779301
Main Entry : Diamond, Peter A.
Title & Author : On time : : lectures on models of equilibrium /\ Peter A. Diamond.
Publication Statement : Cambridge ;New York :: Cambridge University Press,, [1994]
: , ©1994
Series Statement : Churchill lectures in economics
Page. NO : xiii, 120 pages :: illustrations ;; 23 cm.
ISBN : 0521119766
: : 0521462894
: : 9780521119764
: : 9780521462891
Notes : "An expanded version of two lectures presented on May 4 and 5, 1993 at Cambridge"--Page xiii.
Bibliographies/Indexes : Includes bibliographical references (pages 104-115) and indexes.
Contents : Lecture 1. Modeling an industry -- Lecture 2. Modeling an economy.
Abstract : "In these two lectures Peter Diamond explores how time is modeled in theoretical analyses of individual industries and of an entire economy." "In the first lecture he considers equilibrium in a single market by examining the distinction between the short run and the long run in Marshallian analysis. He proposes an explicit modeling of time in place of Marshall's use of different atemporal models for different time frames. A model with different expansion paths for different firms and models of price competition with incomplete information are presented. Data on job creation and destruction and data on price changes are examined." "In the second lecture he turns to models of an entire economy, and begins by considering how and why models of an entire economy should differ from models of a single industry. Both cyclical and seasonal data on the behavior of macro-economics are examined. The Arrow-Debreu and Hicksian ISLM models are compared with explicit-time models of the command over purchasing power." "Professor Diamond ends by indicating a direction for future research that might yield a more integrated economics."--BOOK JACKET.
Subject : Equilibrium (Economics)-- Mathematical models.
Subject : Macroeconomics-- Econometric models.
Subject : Prices-- Econometric models.
Subject : Time and economic reactions.
Subject : Équilibre (économie politique)
Subject : Equilibrium (Economics)-- Mathematical models.
Subject : Equilibrium (Economics)-- Mathematical models.
Subject : Gleichgewichtstheorie
Subject : Macroeconomics-- Econometric models.
Subject : Mathematisches Modell
Subject : Prices-- Econometric models.
Subject : Time and economic reactions.
Subject : Evenwichtsmodellen (Economie)
Subject : Wiskundige modellen.
Dewey Classification : ‭339.5‬
LC Classification : ‭HB145‬‭.D5 1994‬
NLM classification : ‭83.03‬bcl
: ‭QC 140‬rvk
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