The School of Economics will be hosting a workshop on ‘Validation Methods for Agent-Based Models’ on Monday 24 April. The workshop will comprise a series of presentations relating … Read more
Category: MaGHiC
Money Macro and Finance Group
Professor Miguel Leon-Ledesma has been invited to join the steering committee of the UK’s Money Macro and Finance Research Group (MMF). The MMF is a … Read more
Regional business cycle and growth features of Japan
by Masaru Inaba and Keisuke Otsu, discussion paper KDPE 1705, March 2017. Non-technical summary The objective of this paper is to construct a dataset of Japanese … Read more
Why does the productivity of investment vary across countries?
by Kevin S. Nell and A. P. Thirlwall, discussion paper KDPE 1703, March 2017. Non-technical summary ‘New’ (endogenous) growth theory seeks to explain growth rate differences between countries … Read more
Appropriate technology and balanced growth
In macroeconomics, we typically model production by specifying a ‘production function,’ which tells us how much output is produced with given quantities of the ‘factors … Read more