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economic_glossary

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economic_glossary [2020/02/05 09:28] – dsge pietroeconomic_glossary [2024/07/04 08:24] (versione attuale) – introduce pietro
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   <item>Research||economics:research|icone:question.png?100</item>   <item>Research||economics:research|icone:question.png?100</item>
   <item>Teaching and more||economics:more|icone:exclamation.png?100</item>   <item>Teaching and more||economics:more|icone:exclamation.png?100</item>
 +  <item>Italiano||italiano|icone:italiano.png?100</item>
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 ====== A honest glossary of some Economics terminology ====== ====== A honest glossary of some Economics terminology ======
  
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 +  * "**//Agent Based Models//**": flexible economic models that can replicate actual economic phenomena, and much more
   * "**//behavioral economics//**": the study of the economy as if it was a human activity   * "**//behavioral economics//**": the study of the economy as if it was a human activity
 +  * "**//causality//**": a claim many papers allude to and some even have support for
   * "**//correlation//**": different from causal effect, but strongly correlated with it   * "**//correlation//**": different from causal effect, but strongly correlated with it
 +  * "**//degrowth//**": politically unsustainable sustainability
   * "**//development economics//**": the subfield of economics which makes researchers feel rich (cf.: "**//finance//**")   * "**//development economics//**": the subfield of economics which makes researchers feel rich (cf.: "**//finance//**")
   * "**//DSGE//**": complicated, oversimplified models of an economy   * "**//DSGE//**": complicated, oversimplified models of an economy
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   * "**//equilibrium//**": something we take as given because waiting for it would take infinite time   * "**//equilibrium//**": something we take as given because waiting for it would take infinite time
   * "**//exogenous//**": used both as a synonym of "independent variable", and to refer to that quality independent variables typically lack   * "**//exogenous//**": used both as a synonym of "independent variable", and to refer to that quality independent variables typically lack
-  * "**//finance//**": a sector that according to pretty reasonable arguments should work fine and not make people very rich+  * "**//finance//**": a sector that according to pretty reasonable arguments should work reliably and not make anybody very rich
   * "**//game theory//**": the science of finding vaguely plausible real world occurrencies of very cool mathematical phenomena   * "**//game theory//**": the science of finding vaguely plausible real world occurrencies of very cool mathematical phenomena
   * "**//gender economics//**": the subfield of Economics with reversed gender imbalances   * "**//gender economics//**": the subfield of Economics with reversed gender imbalances
 +  * "**//Granger causality//**": the simplest way to introduce the word "causality" in your paper
   * "**//GDP//**": does not mean anything, the most obvious proxy of everything   * "**//GDP//**": does not mean anything, the most obvious proxy of everything
   * "**//hardcore econometrics//**": the art of using data to advance our understanding of econometrics (cf: "**//econometrics//**")   * "**//hardcore econometrics//**": the art of using data to advance our understanding of econometrics (cf: "**//econometrics//**")
   * "**//homo oeconomicus//**": something other people believe in (see also: "**//mainstream//**")   * "**//homo oeconomicus//**": something other people believe in (see also: "**//mainstream//**")
   * "**//instrumental variable//**": something you need to defend strenously if it's not worth much   * "**//instrumental variable//**": something you need to defend strenously if it's not worth much
-  * "**//laissez-faire//**": a term that sounds far more elegant than "anarchy"+  * "**//laissez-faire//**": loanword from French, hence sounding far more elegant than "anarchy"
   * "**//macroeconomics//**": the only real economics   * "**//macroeconomics//**": the only real economics
   * "**//mainstream//**": colleagues who never cite my papers   * "**//mainstream//**": colleagues who never cite my papers
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   * "**//model//**": a description of how the world should be in order for economists to understand it   * "**//model//**": a description of how the world should be in order for economists to understand it
   * "**//money//**": a good that has no other use   * "**//money//**": a good that has no other use
-  * "**//natural disaster//**": a terrible thing, if you are not an economist (see also: "//**instrumental variable**//")+  * "**//natural disaster//**": a terrible thing, if you are not an applied economist (see also: "//**instrumental variable**//")
   * "**//resilient//**": unexpectedly surviving our inability to protect it   * "**//resilient//**": unexpectedly surviving our inability to protect it
   * "**//returns to scale//**": typically positive, unless you're talking to economics undergraduate students   * "**//returns to scale//**": typically positive, unless you're talking to economics undergraduate students
economic_glossary.1580891299.txt.gz · Ultima modifica: 2020/02/05 09:28 da pietro