Lawrence E Blume
Dados Biográficos
| ID | 342913 |
|---|---|
| NOME | Lawrence E Blume |
| PRENOMES | Lawrence E |
| SOBRENOME | Blume |
| ASSINATURA | BLUME L E |
| AFILIAÇÕES | Cornell University |
| ORCID | 0000-0003-4352-2952 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 8 |
| TOTAL DE CITAÇÕES | 274 |
| TOTAL COMO AUTOR | 7 |
| TOTAL COMO EDITOR | 2 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1986 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2025 |
| ÍNDICE H | 3 |
Immobility as Memory
This article proposes some new measures of intergenerational persistence based on the idea of characterizing the memory of origin in the stochastic process that links the socioeconomic classes of parents and children. We introduce 'memory curves' for all future generations given any initial condition of class for a family dynasty, which reveal how initial conditions interact with the transition process between parents and children to create mobil…
The New Palgrave Dictionary Of Economics
Economic Growth
Capital in the Twenty-First Century
Linear Social Interactions Models
This paper provides a systematic analysis of identification in linear social interactions models. This is a theoretical and econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game for individual choice under social influences that nests standard models as special cases. We consider identification of both endogenous and contextual social effects under al…
Harrod 1939
Harrod's 1939 ‘Essay in Dynamic Theory' is celebrated as one of the foundational papers in the modern theory of economic growth. Linked eternally to Evsey Domar, he appears in the undergraduate and graduate macroeconomics curricula, and his ‘fundamental equation’ appears as the central result of the AK model in modern textbooks. Reading his Essay today, however, the reasons for his centrality are less clear. Looking forward from 1939, we see that…
Economic Growth
The Dynamics of Statistical Discrimination
This article demonstrates how learning dynamics select among equilibria in a statistical discrimination model of employment. The static market model exhibits multiple equilibria. The belief revision dynamics generate a Markov market process which, in the long run, is mostly near one and only one of the static equilibria, regardless of initial conditions. Usually policy effects appear in comparative statics, where the equilibrium set moves with di…
On the private provision of public goods
On the private provision of public goods
Linear Social Interactions Models
This paper provides a systematic analysis of identification in linear social interactions models. This is a theoretical and econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game for individual choice under social influences that nests standard models as special cases. We consider identification of both endogenous and contextual social effects under al…
Capital in the Twenty-First Century
The Dynamics of Statistical Discrimination
This article demonstrates how learning dynamics select among equilibria in a statistical discrimination model of employment. The static market model exhibits multiple equilibria. The belief revision dynamics generate a Markov market process which, in the long run, is mostly near one and only one of the static equilibria, regardless of initial conditions. Usually policy effects appear in comparative statics, where the equilibrium set moves with di…
On the private provision of public goods
The Dynamics of Statistical Discrimination
This article demonstrates how learning dynamics select among equilibria in a statistical discrimination model of employment. The static market model exhibits multiple equilibria. The belief revision dynamics generate a Markov market process which, in the long run, is mostly near one and only one of the static equilibria, regardless of initial conditions. Usually policy effects appear in comparative statics, where the equilibrium set moves with di…
Economic Growth
Capital in the Twenty-First Century
Linear Social Interactions Models
This paper provides a systematic analysis of identification in linear social interactions models. This is a theoretical and econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game for individual choice under social influences that nests standard models as special cases. We consider identification of both endogenous and contextual social effects under al…
Harrod 1939
Harrod's 1939 ‘Essay in Dynamic Theory' is celebrated as one of the foundational papers in the modern theory of economic growth. Linked eternally to Evsey Domar, he appears in the undergraduate and graduate macroeconomics curricula, and his ‘fundamental equation’ appears as the central result of the AK model in modern textbooks. Reading his Essay today, however, the reasons for his centrality are less clear. Looking forward from 1939, we see that…
The New Palgrave Dictionary Of Economics
Economic Growth
Immobility as Memory
This article proposes some new measures of intergenerational persistence based on the idea of characterizing the memory of origin in the stochastic process that links the socioeconomic classes of parents and children. We introduce 'memory curves' for all future generations given any initial condition of class for a family dynasty, which reveal how initial conditions interact with the transition process between parents and children to create mobil…
Economic theories and models (5 obras) · Economics (5 obras) · Computer Science (4 obras) · Economic Theory and Policy (4 obras) · Mathematics (4 obras) · Econometrics (3 obras) · Comparative statics (2 obras) · Economic Theory and Institutions (2 obras) · Game Theory and Applications (2 obras) · History (2 obras)