Paradoxes of Theory and the Real Economy: The Nobel Prize in Economics 2015

  • Elena Belyanova Institute of World Economy and International Relations of the Russian Academy of Sciences, 23, Profsouznaya str., Moscow, 117997, Russian Federation
  • Sergey Nikolaenko Bank for Development and Foreign Economic Affairs (Vnesheconombank), 9, Akademika Sakharova prosp., Moscow, 107996, Russian Federation
Keywords: inequality, consumer demand, personal savings, consumer surveys, poverty, wealth

Abstract

The paper is devoted to the research of Angus Deaton, the winner of the Nobel Prize in economics 2015. It shows Deaton’s contribution to micro-, macro-, and development economics, as well as his philosophical approach to tools for development of economic theory and its links to reality.

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Published
2016-02-19
How to Cite
BelyanovaE., & NikolaenkoS. (2016). Paradoxes of Theory and the Real Economy: The Nobel Prize in Economics 2015. HSE Economic Journal, 20(1), 175-190. Retrieved from https://ej.hse.ru/article/view/29336
Issue
Vol 20 No 1 (2016): HSE Economic Journal
Section
Untitled section