Journal Article Schumpeter and Max Weber: Comment Get access Niles M. Hansen Niles M. Hansen University of Texas, University of Paris Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 80, Issue 3, August 1966, Pages 488–491, https://doi.org/10.2307/1880736 Published: 01 August 1966

Journal Article Professor Hansen and Keynesian Interest Theory: Comment Get access Alvin H. Hansen Alvin H. Hansen Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 69, Issue 4, November 1955, Pages 641–643, https://doi.org/10.2307/1882002 Published: 01 November 1955

Journal Article Classical, Loanable-Fund, and Keynesian Interest Theories Get access Alvin H. Hansen Alvin H. Hansen Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 65, Issue 3, August 1951, Pages 429–432, https://doi.org/10.2307/1882223 Published: 01 August 1951

Journal Article A Rejoiner Get access Alvin H. Hansen Alvin H. Hansen University of Minnesota Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 46, Issue 3, May 1932, Pages 562–565, https://doi.org/10.2307/1883402 Published: 01 May 1932

I. The argument that labor-saving improvements release purchasing power and so reabsorb displaced labor, 684.— The fallacy in this argument, 686.— Circumstances under which the displaced labor will be reabsorbed, 687.— II. Effect of price reduction, 688; of restrictions upon credit and wage rates, 690.— III. Effect of price maintenance, 692; of lower interest rates, 693.— IV. The effect of universal monopoly upon unemployment, 696.— Quasi-monopoly control of prices contrasted with rigid control of wage-rates, 697.

I. Marx's view of history is technological not economic. — II. The social process according to Marx, 75. — III. Technological changes, the class struggle and human adjustments to environment, 75. — IV. Forces lying back of technological evolution, according to Marx and Engels: extension of markets, development of science, cosmic evolution, 78. — V. The Marxian view against the background of fundamental factors and forces, 80. — VI. Criticism of the Marxian theory, 82. — VII. Conclusion, 83.

We propose a new model of internal migration, based on persistent and spatially correlated idiosyncratic utility. The model is motivated by a new fact in the data that simple moving cost models struggle to match: the t-year interstate migration rate is proportional to the square root of t. The new model maintains the tractability and flexibility of standard migration models, but better matches the dynamics of migration, including the new fact. It has substantially different welfare implications and makes different counterfactual predictions, especially in terms of dynamic adjustment and long-run responses.

R. Bentzel, B. Hansen; On Recursiveness and Interdependency in Economic Models1, The Review of Economic Studies, Volume 22, Issue 3, 1 January 1954, Pages

This paper presents finite‐sample efficiency bounds for the core econometric problem of estimation of linear regression coefficients. We show that the classical Gauss–Markov theorem can be restated omitting the unnatural restriction to linear estimators, without adding any extra conditions. Our results are lower bounds on the variances of unbiased estimators. These lower bounds correspond to the variances of the the least squares estimator and the generalized least squares estimator, depending on the assumption on the error covariances. These results show that we can drop the label “linear estimator” from the pedagogy of the Gauss–Markov theorem. Instead of referring to these estimators as BLUE, they can legitimately be called BUE (best unbiased estimators).