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| economic_glossary [2020/09/07 15:56] – people -> anybody pietro | economic_glossary [2024/07/04 08:24] (versione attuale) – introduce pietro |
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| * "**//Agent Based Models//**": flexible economic models that can replicate actual economic phenomena, and much more | * "**//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 |
| * "**//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 anybody 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//**") |
| * "**//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 |
