Comparative Statics, tracking an optimal or equilibrium value as an exogenous variable changes, ceteris paribus, is the heart of economic analysis. By building models and analyzing the comparative ...
An Excel workbook called ISLMCS.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard short run macro model and then do comparative statics. The ...
The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...
This is a preview. Log in through your library . Abstract A number of recent works have addressed the problem of describing the allocation of resources in an economy where prices are fixed at a value ...
The authors, leading researchers in the fields of mathematical economics and methodology, present the first comprehensive synthesis of literature on qualitative and other nonparametric techniques, ...