Background
Lucke, Bernd was born on August 19, 1962 in Berlin.
(In diesem Werk wird das Grundmodell der Real-Business-Cyc...)
In diesem Werk wird das Grundmodell der Real-Business-Cycle-Theorie einer ausführlichen empirischen Evaluation mit westdeutschen Daten der Jahre 1975-1994 unterzogen. Die Evaluation erfolgt anhand einer umfassenden Analyse der Zeitbereichimplikationen eines geeigneten kalibrierten Modells, nach spektralanalytischen Kriterien und mit dem methodischen Instrumentarium des NBER (Burns-Mitchell-Methodologie). Ferner werden Ansätze zur Maximum-Likelihood-Schätzung des Modells entwickelt, in Simulationsstudien validiert und schließlich zur Schätzung der tiefen Modellparameter eingesetzt. Es wird eine nicht-walrasianische Modifikation des theoretischen Grundmodells vorgeschlagen, die die Kointegrationseigenschaften deutscher Makrodaten sehr viel erfolgreicher abbildet als das Standardmodell und gleichzeitig bessere Ergebnisse in den entwickelten Evaluationsverfahren erzielt.
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(International commodity markets have traditionally attrac...)
International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times. For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market prices initiated increased research on commodity markets which quickly focused on possible price stabilization schemes, particularly on buffer stocks. Simultaneously, the issue clearly advanced in priority on the political agenda, such that the United Nations Conference on Trade and Development (UNCTAD) proposed an "Integrated Program for Commodities" (IPC) intended to stabilize the world market prices of ten so-called "core commodities"l (UNCTAD (1974, 1976a), Behrman (1979)). Many developing nations welcomed the IPC almost enthusiastically, but it did not receive more than lukewarm support by major industrialized countries, apparently due to the experience with some thirty international commodity agreements past World War II2. Critical evaluations have, among others, been presented by McNicol (1978), Gordon-Ashworth (1984), and Macbean & Nguyen (1987). The most detailed of these studies is Gordon-Ashworth's, who concludes that "on balance ... the performance of international commodity agreements has been too unreliable and their distributive effects too uneven to secure the development goals that have been set" (1984, p. 284)3. Consequently, the IPC turned out to be quite controversial a topic on the UNCTAD's 1976 meeting in Nairobi and has not been able to gain any impetus since. lThese were cocoa, coffee, copper, cotton, jute, rubber, sisal, sugar, tea, and tin.
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economist philosopher politician university professor
Lucke, Bernd was born on August 19, 1962 in Berlin.
Between 1982 and 1984, Lucke read economics, history, and philosophy at the University of Bonn and attended graduate studies in economics at the universities of Bonn and Berkeley between 1984 and 1987. He finished his Doctor of Philosophy on real business cycle theory under supervision of Jürgen Wolters at the Free University of Berlin in 1991.
Lucke lost out on the leadership of the AfD in July 2015, and subsequently left the party. In July 2015 he and other former AfD members founded the Alliance for Progress and Renewal (ALFA). After the fall of the Berlin Wall, he worked in the Council of Economic Experts of the East German Government and, after reunification, as an assistant to the Senate of Berlin.
His research interests include sovereign default, news driven business cycles, growth in developing countries, dynamic CGE models, and applied econometrics.
Lucke was an advisor to the World Bank and a visiting scholar at the University of British Columbia in Vancouver. During a campaign speech in Bremen on 24 August 2013, Lucke was attacked with pepper spray by two left-wing extremists.
Several people in the audience were treated for irritation of the eyes and throat.
(International commodity markets have traditionally attrac...)
(In diesem Werk wird das Grundmodell der Real-Business-Cyc...)
Lucke is a frequent guest in German political talk shows. On 4 July 2015, he was displaced as leader of the Alternative for Germany by his former deputy, Frauke Petry, after several months of factional infighting within the party.
On 9 July 2015, Lucke left the Alternative for Germany, saying that the party had “fallen irretrievably into the wrong hands” after Petry"s election, and on 19 July, he and other former members of the AfD established a new party, the Alliance for Progress and Renewal (ALFA).