American Economist articles from March 2005

American Economist archives from March 2005

Gerard Debreu: the general equilibrium model (1921-2005) in memoriam.(Obituary)
March 22, 2005... The world-renowned Nobel Laureate mathematical economist Gerard Debreu passed away on December 31, 2004 at the age of 83. The economic profession will long grieve the loss of a genius of his caliber, who was well known for bringing the rigor of...

Micro data, heterogeneity and the evaluation of public policy Part 2.
March 22, 2005... 7. TREATMENT EFFECTS The identification and estimation of structural econometric models are challenging tasks, especially for models with dynamics and uncertainty. The value of this research is beyond question. But the difficulty of this...

Deriving the GLS transformation parameter in elementary panel data models.(Generalized Least Squares)
March 22, 2005... "Deriving the GLS transformation that eliminates serial correlation in the error terms requires sophisticated matrix algebra." --Jeffrey M. Wooldridge (2003) I. Introduction This paper reconsiders the derivation of the Generalized...

Student quantitative literacy: importance, measurement, and correlation with economic literacy.
March 22, 2005... I. Introduction Economic concepts are often taught using quantitative methods, including the use of graphical and numerical examples and applications. For students lacking a basic level of quantitative literacy, interpretation of economic...

Public choice economics: where is there consensus?
March 22, 2005... Introduction Economists love to invade other social scientists' turf. The archetypical example may be the subfield called public choice economics, which has been defined as "the economic study of nonmarket decision making, or simply the...

Pros and cons of capital controls in the presence of incomplete markets.
March 22, 2005... 1. Introduction Perhaps the most significant development in the world economy of the past several decades has been a rapid process of globalization and financial integration--the process spurred by the achievements of the third industrial...

Chapter roll.(universities)(Directory)
March 22, 2005... CHAPTER ROLL STATE & CHAPTER UNIVERSITY Alabama Alpha Auburn University--Auburn Beta Univ. of Alabama--Tuscaloosa Gamma Univ. of Alabama--Birmingham Delta ...