…model of production and trade known as a “computable general equilibrium” (CGE) model. This is the same model used by the Commerce Department to arrive at the tariff rates it…

Here’s a model that didn’t pan out in 2018 A little over a year ago, I proposed A simple model of interest rates and the jobs market. As I explained…

by Tom aka Rusty Rustbelt Health Care Thoughts: Business Model Angst For the past two months I have been absorbed more so than usual in health care strategic and regulatory…

by divorced one like Bush Well, here is what I’m doing to support the US of A’s economy. It’s a lesson in the real model of economics. It is a…

…a model or there isn’t (hint there are models on Krugman’s blog — Fox can check if Fama or Cochrane have presented a model which supports their conclusions. He can…

CEO Compensation: A Demand = Supply Model Calpundit challenged the presumption that the 7X increase in (nominal) CEO compensation since 1980 can be explained by a demand = supply model….

…centuries from insightful people. What I did was to integrate all of their diverse principles of meridian theory into one model. The model is complex, highly symmetrical and balanced. I…

…less than one because of habit formation. So my guess is that consumption is best described with a model of myopic agents with habits (this is Stephen Marglin’s model which…

by Sandwichman Microfoundations of Inequality and Sabotage “In sum, these models [efficiency wage] provide a new, consistent, and plausible microfoundation for a Keynesian model of the cycle.” — Janet Yellen…

…model is exactly that some fancy math appears in the model of Calvo pricing. All novel implications of the micro founded modelling exercize were carefully removed. I think it is…