[Selections by Humberto Barreto for SHOE list.]
nep-hpe <http://nep.repec.org/nep-hpe.html> New Economics Papers
<http://nep.repec.org/> on History and Philosophy of Economics
Issue of 2022‒10‒17
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. How economics can help mitigate climate change - a critical review
and conceptual analysis of economic paradigms
<https://mail.google.com/mail/u/0/#m_-1036387937924258923_p1> By Wolf
Rogowski
<http://econpapers.repec.org/scripts/search.pf?aus=Wolf%20Rogowski>; Wolfram
Elsner
<http://econpapers.repec.org/scripts/search.pf?aus=Wolfram%20Elsner>
2. Temporal Patterns in Economics Research
<https://mail.google.com/mail/u/0/#m_-1036387937924258923_p2> By Andrei
Dubovik
<http://econpapers.repec.org/scripts/search.pf?aus=Andrei%20Dubovik>;
Clemens
Fiedler
<http://econpapers.repec.org/scripts/search.pf?aus=Clemens%20Fiedler>;
Alexei
Parakhonyak
<http://econpapers.repec.org/scripts/search.pf?aus=Alexei%20Parakhonyak>
3. Philosphers and Economists Can Agree on the Intergenerational
Discount Rate and Climate Policy Paths
<https://mail.google.com/mail/u/0/#m_-1036387937924258923_p3> By Frikk
Nesje <http://econpapers.repec.org/scripts/search.pf?aus=Frikk%20Nesje>;
Moritz
A. Drupp
<http://econpapers.repec.org/scripts/search.pf?aus=Moritz%20A.%20Drupp>;
Mark
C. Freeman
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20C.%20Freeman>; Ben
Groom <http://econpapers.repec.org/scripts/search.pf?aus=Ben%20Groom>
4. Manfred Deistler and the General Dynamic Factor Model Approach to the
Analysis of High-Dimensional Time Series
<https://mail.google.com/mail/u/0/#m_-1036387937924258923_p4> By Marc
Hallin <http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Hallin>
------------------------------
1. How economics can help mitigate climate change - a critical review
and conceptual analysis of economic paradigms
<http://econpapers.repec.org/RePEc:atv:wpaper:2106>
By: Wolf Rogowski
<http://econpapers.repec.org/scripts/search.pf?aus=Wolf%20Rogowski>; Wolfram
Elsner
<http://econpapers.repec.org/scripts/search.pf?aus=Wolfram%20Elsner>
Abstract: In economic research about climate change mitigation, there is
a tension between the objectives to ensure scientific rigor (focusing on
orthodox theory) and to illuminate blind spots of relevance (drawing on
different "heterodox" theories). Our aim is to develop an economic
perspective on climate change mitigation which considers both objectives.
We conduct a critical literature review, searching for coherent economic
theory lattices, which meet the requirements of research programs, i.e.
contain a pre-analytic vision, an analytical core including a concept of
rationality, and examples of applications in empirical research. We develop
a framework structuring these research programs and associated research
fields and search for examples illustrating their applicability to climate
change mitigation. We identify several research fields within four major
research programs that perceive economic phenomena as (1) individual
optimization decisions (neoclassical analysis of efficient and of
inefficient equilibria and behavioral economics); (2) a set of institutions
(New and Original institutional economics); (3) a complex evolutionary
system (Biophysical and Evolutionary economics); and (4) an objective
function (which can guide research focusing on the content or the
distribution of the normatively defined units of interest). For each
research program and its subdivisions, we present theoretical elements and
illustrate how they can improve our understanding of how economic activity
contributes to climate change and how these impacts can be alleviated.
There is a need for more systematic evidence synthesis to validate the
contributions of the different economic research fields and to improve
their selection and application to climate change.
Keywords: Climate change, neoclassical economics, behavioral economics,
economic heterodoxies, evolutionary economics, institutional economics,
objective functions, research programs, policy implications.
JEL: A11 A12 B5 H41 Q54
<http://econpapers.repec.org/scripts/search.pf?jel=A11%20A12%20B5%20H41%20Q54>
Date: 2021–08
URL: http://d.repec.org/n?u=RePEc:atv:wpaper:2106&r=
2. Temporal Patterns in Economics Research
<http://econpapers.repec.org/RePEc:cpb:discus:440>
By: Andrei Dubovik
<http://econpapers.repec.org/scripts/search.pf?aus=Andrei%20Dubovik> (CPB
Netherlands Bureau for Economic Policy Analysis); Clemens Fiedler
<http://econpapers.repec.org/scripts/search.pf?aus=Clemens%20Fiedler>;
Alexei
Parakhonyak
<http://econpapers.repec.org/scripts/search.pf?aus=Alexei%20Parakhonyak>
(University
of Oxford)
Abstract: We study the duration of topics in economics research by
looking at how much time passes between publication of textually similar
papers. Using the corpus of abstracts of economics papers, as available
from the RePEc dataset, we find that most papers match to papers from the
same year, indicating strong common trends in the economics literature.
Nevertheless, matches as long as 14 years apart are statistically
significant, suggesting there are topics that last as long. Finally, the
average duration of a match has dropped from around 4 years during
1990–2005 to about 1 year starting in 2010.
JEL: A14 B20 Z13
<http://econpapers.repec.org/scripts/search.pf?jel=A14%20B20%20Z13>
Date: 2022–09
URL: http://d.repec.org/n?u=RePEc:cpb:discus:440&r=
3. Philosphers and Economists Can Agree on the Intergenerational
Discount Rate and Climate Policy Paths
<http://econpapers.repec.org/RePEc:ces:ceswps:_9930>
By: Frikk Nesje
<http://econpapers.repec.org/scripts/search.pf?aus=Frikk%20Nesje>; Moritz
A. Drupp
<http://econpapers.repec.org/scripts/search.pf?aus=Moritz%20A.%20Drupp>;
Mark
C. Freeman
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20C.%20Freeman>; Ben
Groom <http://econpapers.repec.org/scripts/search.pf?aus=Ben%20Groom>
Abstract: The estimated values to society from long-term public
projects, including climate change mitigation and infrastructure
construction, are highly sensitive to the social discount rate (SDR)
employed. Governmental guidance on social discounting has predominantly
been based on input from expert economists. It is not clear, however, that
economists possess any special expertise on the ethical issues that
underpin long-term societal decision-making. This study compares expert
economists’ views on key components of the long-term SDR with those of a
disciplinary group of experts who may be deemed most trained on ethical
matters: philosophers. The results indicate that both expert groups provide
surprisingly similar recommendations on these components and on the SDR
itself, with a real SDR recommendation of 2% receiving most support in both
disciplines. An analysis of qualitative remarks shows areas of broad
agreement and yet distinct differences in rationales. While economists
provide numerous technical extensions within a consequentialist Discounted
Utilitarian approach, philosophers advocate more strongly for alternative
ethical approaches to standard Utilitarian calculus. In the politicized
world of long-term decision-making, this paper illustrates how more
inclusive and deliberative approaches to complex issues such as
intergenerational justice can guide more nuanced decision-making today and
lead to multidisciplinary support for climate action.
Keywords: intergenerational social discounting, expert survey,
philosophy, economics, climate policy
JEL: C83 D61 H43 Q58
<http://econpapers.repec.org/scripts/search.pf?jel=C83%20D61%20H43%20Q58>
Date: 2022
URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_9930&r=
4. Manfred Deistler and the General Dynamic Factor Model Approach to the
Analysis of High-Dimensional Time Series
<http://econpapers.repec.org/RePEc:eca:wpaper:2013/350249>
By: Marc Hallin
<http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Hallin>
Abstract: For more than half a century, Manfred Deistler has been
contributing to the construction of the rigorous theoretical foundations of
the statistical analysis of time series and more general stochastic
processes. Half a century of unremitting activity is not easily summarized
in a few pages. In thisshort note, we chose to concentrate on a relatively
little-known aspect of Manfred’s contribution which nevertheless had quite
an impact on the development of one of the most powerful tools of
contemporary time series and econometrics: dynamic factor models.
Keywords: High-dimensional time series, General Dynamic Factor Models,
spiked covariance model, reduced-rank process.
Date: 2022–09
URL: http://d.repec.org/n?u=RePEc:eca:wpaper:2013/350249&r=
------------------------------
This nep-hpe issue is ©2022 by <http://econpapers.repec.org/RAS/pth72.htm>Erik
Thomson. It is provided as is without any express or implied warranty. It
may be freely redistributed in whole or in part for any purpose. If
distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org.
For comments please write to the director of NEP, Marco Novarese
<http://novarese.org/> at <[log in to unmask]>. Put “NEP” in the
subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by
the School of Economics and Finance of Massey University in New Zealand.
|
