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Published in 2020 at "Journal of Economic Surveys"
DOI: 10.1111/joes.12403
Abstract: Economic systems produce robust statistical patterns in key sate variables including prices and incomes. Statistical equilibrium methods explain the distributional proper- ties of state variables as arising from specific institutional and behavioral postulates. Two traditions…
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Keywords:
statistical equilibrium;
equilibrium methods;
political economy;
methods analytical ... See more keywords