London School of Economics and Political Science

About: London School of Economics and Political Science is a education organization based out in London, United Kingdom. It is known for research contribution in the topics: Politics & Population. The organization has 8759 authors who have published 35017 publications receiving 1436302 citations.

Trends and Cycles in Macroeconomic Time Series

Abstract: Two structural time series models for annual observations are constructed in terms of trend, cycle, and irregular components. The models are then estimated via the Kalman filter using data on five U.S. macroeconomic time series. The results provide some interesting insights into the dynamic structure of the series, particularly with respect to cyclical behavior. At the same time, they illustrate the development of a model selection strategy for structural time series models.

What can we learn from 25 years of PUS survey research? Liberating and expanding the agenda

Abstract: This paper reviews key issues of public understanding of science (PUS) research over the last quarter of a century. We show how the discussion has moved in relation to large-scale surveys of public perceptions by tracing developments through three paradigms: science literacy, public understanding of science and science and society. Naming matters here like elsewhere as a marker of "tribal identity." Each paradigm frames the problem differently, poses characteristic questions, offers preferred solutions, and displays a rhetoric of "progress" over the previous one. We argue that the polemic over the "deficit concept" voiced a valid critique of a common sense concept among experts, but confused the issue with methodological protocol. PUS research has been hampered by this "essentialist" association between the survey research protocol and the public deficit model. We argue that this fallacious link should be severed to liberate and to expand the research agenda in four directions: contextualizing survey research, searching for cultural indicators, integrating datasets and doing longitudinal analysis, and including other data streams. Under different presumptions, assumed and granted, we anticipate a fertile period for survey research on public understanding of science. © SAGE Publications.

A history of the federal reserve

Abstract: Allan H. Meltzer's critically acclaimed history of the Federal Reserve is the most ambitious, most intensive, and most revealing investigation of the subject ever conducted. Its first volume, published to widespread critical acclaim, spanned the period from the institution's founding in 1913 to the restoration of its independence in 1951. Book 1 of the two-part second volume chronicles the evolution and development of the Federal Reserve from the Federal Reserve Accord in 1951 to the first phase of the Great Inflation in the 1960s, revealing the inner workings of the Fed during a period of rapid and extensive change. Book 2 chronicles the evolution and development of the Federal Reserve from the Nixon administration to the mid-1980s, when the Great Inflation ended.