Results 111 to 120 of about 132,889 (251)
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
Is the matching function Cobb-Douglas?
, 2012 [cat] Estudiem les propietats teòriques que una funció d.emparellament ha de satisfer per tal de representar un mercat laboral amb friccions dins d'un model d'equilibri general amb emparellament aleatori. Analitzem el cas Cobb-Douglas, CES i altres formes funcionals per a la funció d.emparellament.
Ribó, Ausias, Vilalta-Bufí, Montserrat
openaire +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
Cauchy: Jurnal Matematika Murni dan AplikasiAnnuity is a financial concept that involves a series of periodic payments or receipts. In oil palm plantation management, the annuity concept is adapted to model and estimate the reserves required for replanting costs over time.
Rayyan Al Muddatstsir Fasa +2 more
doaj +1 more source
Is the matching function Cobb-Douglas? [PDF]
We study the theoretical properties that particular matching functions must satisfy to represent a frictional labor market within a general equilibrium random matching model.
Ausias Ribo1 (Universitat de Barcelona) +1 more
core +1 more source
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
Investments and their effects on quality of product and services [PDF]
This paper aims to address issues of importance of investments on the quality of products and services in the contemporary economy. The investments have an innovative character due the fact that creates material conditions in order to promote the ...
TODORUT Amalia Venera, VASILESCU Ion
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
From preferences to Cobb-Douglas utility [PDF]
, 2008 We provide characterizations of preferences representable by a Cobb-Douglas utility ...
Voorneveld, Mark
core
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