|
Nobuhiro Kiyotaki
(born June 24, 1955) is a Japanese economist and the Harold H. Helms '20 Professor of Economics and Banking at Princeton University. He is especially known for proposing several models that provide deeper microeconomic foundations for macroeconomics, some of which play a prominent role in New Keynesian macroeconomics. Career He received a B.A. from University of Tokyo in 1978. After receiving his doctorate in economics from Harvard University in 1985, Kiyotaki held faculty positions at the Univ. of Wisconsin–Madison, the Univ. of Minnesota, and the London School of Economics before moving to Princeton. He is a fellow of the Econometric Society, was awarded the 1997 Nakahara Prize of the Japan Economics Association and the 1999 Yrjö Jahnsson Award of the European Economic Association, the latter together with John Moore. In 2003, Kiyotaki was elected a Fellow of the British Academy (FBA), the United Kingdom's national academy for the humanities and social sciences. He is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton University
Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. It is one of the highest-ranked universities in the world. The institution moved to Newark, New Jersey, Newark in 1747, and then to the current site nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. It is a member of the Ivy League. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Minnesota
The University of Minnesota, formally the University of Minnesota, Twin Cities, (UMN Twin Cities, the U of M, or Minnesota) is a public university, public Land-grant university, land-grant research university in the Minneapolis–Saint Paul, Twin Cities of Minneapolis and Saint Paul, Minnesota, United States. The Twin Cities campus comprises locations in Minneapolis and Falcon Heights, Minnesota, Falcon Heights, a suburb of St. Paul, approximately apart. The Twin Cities campus is the oldest and largest in the University of Minnesota system and has the List of United States university campuses by enrollment, ninth-largest main campus student body in the United States, with 52,376 students at the start of the 2021–22 academic year. It is the Flagship#Colleges and universities in the United States, flagship institution of the University of Minnesota System, and is organized into 19 colleges, schools, and other major academic units. The Minnesota Territorial Legislature drafted a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of economics. The current editor-in-chief is Esther Duflo, an economic professor at the Massachusetts Institute of Technology. The journal is based in Pittsburgh. In 2004, the ''American Economic Review'' began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data. Until 2017, the May issue of the ''American Economic Review'', titled the ''Papers and Proceedings'' issue, featured the papers presented at the American Economic Association's annual meeting that January. After being selected for presentation, the papers in the ''Papers and Proceedings'' issue did not undergo a formal process of peer review. Starting in 2018, papers pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multiplier (economics)
In macroeconomics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable. For example, suppose variable ''x'' changes by ''k'' units, which causes another variable ''y'' to change by ''M'' × ''k'' units. Then the multiplier is ''M''. Common uses Two multipliers are commonly discussed in introductory macroeconomics. Commercial banks create money, especially under the fractional-reserve banking system used throughout the world. In this system, money is created whenever a bank gives out a new loan. This is because the loan, when drawn on and spent, mostly finishes up as a deposit back in the banking system and is counted as part of money supply. After putting aside a part of these deposits as mandated bank reserves, the balance is available for the making of further loans by the bank. This process continues multiple times, and is called the multiplier effect. The multiplier may v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopolistic Competition
Monopolistic competition is a type of imperfect competition such that there are many producers competing against each other, but selling products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. In monopolistic competition, a company takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other companies. If this happens in the presence of a coercive government, monopolistic competition will fall into government-granted monopoly. Unlike perfect competition, the company maintains spare capacity. Models of monopolistic competition are often used to model industries. Textbook examples of industries with market structures similar to monopolistic competition include restaurants, cereals, clothing, shoes, and service industries in large cities. The "founding father" of the theory of monopolistic competition is Edward Hastings Chamberlin, who wrote a pioneering book on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBVA Foundation Frontiers Of Knowledge Awards
The BBVA Foundation Frontiers of Knowledge Awards () are an international award programme recognizing significant contributions in the areas of scientific research and cultural creation. The categories that make up the Frontiers of Knowledge Awards respond to the knowledge map of the present age. As well as the fundamental knowledge that is at their core, they address developments in information and communication technologies, and interactions between biology and medicine, ecology and conservation biology, climate change, economics, humanities and social sciences, and, finally, contemporary musical creation and performance. Specific categories are reserved for developing knowledge fields of critical relevance to confront central challenges of the 21st century, as in the case of the two environmental awards. The awards were established in 2008, with the first set of winners receiving their prizes in 2009. The BBVA Foundation – belonging to financial group BBVA – is partnered in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Prize In Economics
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered by the Nobel Foundation. Although not one of the five Nobel Prizes which were established by Alfred Nobel's will in 1895, it is commonly referred to as the Nobel Prize in Economics. The winners of the Nobel Memorial Prize in Economic Sciences are chosen in a similar way, are announced along with the Nobel Prize recipients, and the prize is presented at the Nobel Prize Award Ceremony. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. It is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Academy
A national academy is an organizational body, usually operating with state financial support and approval, that co-ordinates scholarly research activities and standards for academic disciplines, most frequently in the sciences but also the humanities. Typically the country's learned societies in individual disciplines will liaise with or be co-ordinated by the national academy. National academies play an important organisational role in academic exchanges and collaborations between countries. The extent of official recognition of national academies varies between countries. In some cases they are explicitly or de facto an arm of government; in others, as in the United Kingdom, they are voluntary, non-profit bodies with which government has agreed to negotiate, and which may receive government financial support while retaining substantial independence. In some countries, a single academy covers all disciplines; an example is France. In others, there are several academies, which wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yrjö Jahnsson Foundation
The Yrjö Jahnsson Foundation is a charitable foundation whose aims are to promote Finnish research in economics and medicine and to maintain and support educational and research facilities in Finland. It was established in 1954 by the wife of Yrjö Jahnsson, Hilma Jahnsson. It supports the award of the Yrjö Jahnsson Award and Yrjö Jahnsson Lecture series. These lectures have been delivered by noteworthy economists since 1963. 10 of the Yrjö Jahnsson Lecture series scholars have gone on to win the Nobel prize in economics, making it a top predictor for future recipients. The Yrjö Jahnsson Lecture series SourceYrjö Jahnsson Foundation* 1963 Kenneth J. Arrow Aspects of the Theory of Risk-Bearing * 1967 Assar Lindbeck Monetary-Fiscal Analysis and General Equilibrium * 1968 L.R. Klein An Essay on the Theory of Economic Prediction * 1970 Harry G. Johnson The Two-Sector Model of General Equilibrium * 1973 John Hicks The Crisis in Keynesian Economics * 1976 Edmond Malinvaud The The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Economic Association
The Japanese Economic Association (JEA) is the professional body of Japanese economists. The Japanese Economic Association is the largest, with more than 3,000 members, among academic economic associations in Japan. The Association is also one of the oldest, founded in 1934. The Association was reorganized as the Theoretical Economic Association and the Japanese Econometric Association. These two Associations were reunited as the Japan Association of Economics and Econometrics in 1968. The original name of the Association was restored in 1997. Its current president is Hideshi Itoh. It publishes the '' Japanese Economic Review''. The Association created an official prize, the Nakahara Prize, for the first time in 1995, named after its sponsor Nobuyuki Nakahara. The aim of the prize is honoring and encouraging young (under 45 years) economists to publish internationally-recognised researches. Founding members Founding members of JEA included Yasuma Takada, Ichiro Nakayama, Shin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hardman Moore
John Halstead Hardman Moore CBE FBA FRSE (born 7 May 1954) is an economic theorist. He was appointed George Watson's and Daniel Stewart's Chair of Political Economy at the University of Edinburgh School of Economics in 2000. In 2018 he was appointed the David Hume University Professor at the University of Edinburgh. Previously, in 1983, he was appointed to the London School of Economics, where in 1990 he became Professor of Economic Theory, a position he still holds. Education and career Moore obtained a B.A. in Mathematics at Fitzwilliam College, Cambridge in 1976, an M.Sc. in Econometrics and Mathematical Economics at the London School of Economics (LSE) in 1980, and a Ph.D. in Economics at the LSE in 1984. At the LSE he was appointed Lecturer in Economics in 1983, Reader in Economics in 1987, and Professor of Economic Theory in 1990. In 2000 he was appointed to the George Watson's and Daniel Stewart's Chair of Political Economy at the University of Edinburgh. Moore has hel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Economic Association
The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current president is Oriana Bandiera. The Association currently has around 3000 members. Its objectives are: ". . . to contribute to the development and application of economics as a science in Europe; to improve communication and exchange between teachers, researchers and students in economics in the different European countries; and to develop and sponsor co-operation between teaching institutions of university level and research institutions in Europe " It publishes the ''Journal of the European Economic Association''. In August of each year the Association, in collaboration with the Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an inde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
