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The Limits of Policy Making: An Analysis of the Consequences of Boundedly Rational Government Using the Swedish Micro-to-Macro Model (MOSES)

Author

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  • Eliasson, Gunnar

    (Research Institute of Industrial Economics (IFN))

  • Taymaz, Erol

    (Middle East Technical University, Ankara)

Abstract

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Suggested Citation

  • Eliasson, Gunnar & Taymaz, Erol, 1992. "The Limits of Policy Making: An Analysis of the Consequences of Boundedly Rational Government Using the Swedish Micro-to-Macro Model (MOSES)," Working Paper Series 333, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:0333
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    References listed on IDEAS

    as
    1. Eliasson, Gunnar, 1977. "Competition and Market Processes in a Simulation Model of the Swedish Economy," American Economic Review, American Economic Association, vol. 67(1), pages 277-281, February.
    2. Eliasson, Gunnar, 1990. "The firm as a competent team," Journal of Economic Behavior & Organization, Elsevier, vol. 13(3), pages 275-298, June.
    3. Eliasson, Gunnar, 1991. "Modeling the experimentally organized economy : Complex dynamics in an empirical micro-macro model of endogenous economic growth," Journal of Economic Behavior & Organization, Elsevier, vol. 16(1-2), pages 153-182, July.
    4. Axell, Bo & Lang, Harald, 1990. " The Effects of Unemployment Compensation in General Equilibrium with Search Unemployment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 92(4), pages 531-540.
    5. Eliasson, Gunnar, 1988. "The Firm as a Competent Team," Working Paper Series 207, Research Institute of Industrial Economics, revised Feb 1990.
    6. Lucas, Robert Jr, 1976. "Econometric policy evaluation: A critique," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 19-46, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Eliasson, Gunnar, 1994. "The Macroeconomic Effects of New Information Technology, with Special Emphasis on Telecommunications," Working Paper Series 416, Research Institute of Industrial Economics.
    2. Eliasson, Gunnar & Johansson, Dan & Taymaz, Erol, 2005. "Firm Tunrover and the Rate of Macroeconomic Growth - Simulating the Macroeconomic Effects of Schumpeterian Creative Destruction," Ratio Working Papers 66, The Ratio Institute.
    3. Eliasson, Gunnar, 1992. "The Theory of the Firm and the Theory of Economic Growth: An essay on the economics of institutions, competition and the capacity of the political system to cope with unexpected change," Working Paper Series 349, Research Institute of Industrial Economics.
    4. Eliasson, Gunnar, 1993. "Endogenous Economic Growth through Selection," Working Paper Series 397, Research Institute of Industrial Economics, revised Aug 1994.
    5. Antonov, Mikhail & Trofimov, Georgi, 1992. "Insider Trading, Micro Diversity and the Long-Run Macro Efficiency," Working Paper Series 355, Research Institute of Industrial Economics.

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    More about this item

    Keywords

    Bounded rationality; Micro-to-Macro model; Unemployment;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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