Results 111 to 120 of about 90,273 (250)
Mathematical Finance, EarlyView.ABSTRACT This study develops a novel multivariate stochastic framework for assessing systemic risks, such as climate and nature‐related shocks, within production or financial networks. By embedding a linear stochastic fluid network, interpretable as a generalized vector Ornstein–Uhlenbeck process, into the production network of interdependent ...
Giovanni Amici +3 more
wiley +1 more source
Factors Affecting Cotton Production in Pakistan:Empirical Evidence from Multan District [PDF]
This paper attempts to examine the factors affecting cotton production in Multan region using primary source of data. A sample of 60 small farmers, 25 medium and 15 large farmers was randomly selected from two Tehsils namely Multan and Shujabad of ...
Anwar, Mumtaz +2 more
core +1 more source
Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes
Metroeconomica, EarlyView.ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley +1 more source
Calibrated Cobb-Douglas functions
Cobb-Douglas functions are highly useful and conveniently simple. They are widely used in microeconomics to illustrate a multitude of economic phenomena and properties. A key characteristic of these functions is that their isoquants are smoothly convex, allowing for continuous substitution along them as the prices of goods or factors change.
Sancho Pifarré, Ferran +2 more
openaire +2 more sources
The Substitution and the Revenue Effects for a Cobb-Douglas Utility Function [PDF]
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics, 2010 In the consumer’s theory, a crucial problem is to determine the substitution effect and the revenue effect in the case of one good price’s modifing. There exists two theories due to John Richard Hicks and Eugen Slutsky which allocates differents shares ...
Catalin Angelo IOAN, Gina IOAN
doaj
Reconsideration of Dimensions and Curve Fitting Practice in Economics Elaborating on Georgescu-Roegen’s Economic Methodology [PDF]
This paper is to examine the proper use of dimensions and curve fitting practices elaborating on Georgescu-Roegen’s economic methodology in relation to the three main concerns of his epistemological orientation.
Jesus Ramos-Martin +2 more
core
Accounting for Cross‐Country Differences in Output Per Worker: A Sectoral CES Perspective
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT The standard macroeconomic literature suggests that richer countries employ more productive technologies. Removing technological disparities between countries would hence narrow the substantial variation in output per worker across countries.
Jan Trenczek, Konstantin M. Wacker
wiley +1 more source
China's Capital and Productivity Measurement Using Financial Resources [PDF]
This paper constructs China's capital stock, which is used in conjunction with a labor variable to estimate a Cobb-Douglas production function for the Chinese economy.
Kui-Wai Li
core
Tariff: The Most Beautiful Word in the Dictionary?
Review of International Economics, EarlyView.ABSTRACT We consider the welfare impacts of US tariff policy at levels proposed by President Donald J. Trump. General‐equilibrium simulations under a widely used transparent one‐sector trade model reveal sizable US welfare losses. When we extend the model to include bilateral firm selection and high resolution input–output linkages, the US losses ...
Edward J. Balistreri +2 more
wiley +1 more source
On the undesirable repercussions of gender norms in an endogenous growth model
The Scandinavian Journal of Economics, EarlyView.Abstract Sustainable growth has emerged as a critical policy challenge worldwide. We investigate the influence of conventional gender norms on fertility and economic growth to explain the phenomena recently observed across high‐income countries. To this end, we construct an overlapping generations model with endogenous fertility and labor supply ...
Ryo Sakamoto, Katsunori Minami
wiley +1 more source