Now showing items 1-10 of 10
Mill and Cairnes and the Emergence of Marginalism in England
It is well known that marginalist concepts appeared in economic literature before 1871. As far as England is concerned, the notion of diminishing marginal utility, for example, was spelt out in the 1830’s and again in the ...
Capital deepening response in an economy with heterogeneous capital goods
Capital deepening is an important con- cept in traditional capital theory. In a one-sector model it has an unambiguous definition, describing an increase in the physical capital-labor ratio...
Economic Theory and Society: A Plea for Process Analysis
That the social sciences have grown up linked with their subject matter presents a unique challenge to historians. They have not only to unravel the complex strands in the evolution of theory but have also to discover the ...
"TIPS and Technical Change in Classroom Instruction"
(American Economic Review, 1972-05)
Sequential Methods in Model Construction
"Inl statistical inference proper, the model is never questioned. . . . The methods of mathematical statistics do not provide us with a means of specifying the model." 1 Few would question the profundity of the above quotes. ...
Weaker Criteria and Tests for Linear Restrictions in Regression
The standard F test for linear restrictions in regression is relevant as a criterion but fails to capture the notion of tradeoff between bias and variance. Average squared distance criteria yield operational tests that are ...
"Biased Technological Progress and Labor Force Growth in a Dualistic Economy"
(Quarterly Journal of Economics, 1972-08)
Operational Techniques and Tables for Making Weak MSE Tests for Restrictions in Regressions
Tables of critical points for the noncentral F are presented with noncentrality equal to 1/2 of numerator degrees of freedom for denominator degrees of freedom of 1-30, 40, 60, 120, 200, 400, and 1,000, and numerator degrees ...
Determinants and Distributional Aspects of Enrollment in U.S. Higher Education
(Journal of Human Resources, 1972-12)
Managerial and Stockholder Welfare Models of Firm Expenditures
(Review of Economics and Statistics, 1972-02)