Results 71 to 80 of about 298,254 (201)
Equilibrium and Disequilibrium Exchange Rates [PDF]
The paper reviews theoretical developments in the field of exchange rate theory and assesses the empirical evidence. Since the empirical evidence does not lend support to the models that have been formulated, a number of reasons for that failure are ...
Rudiger Dornbusch
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The Gold Rush Origins of California's Wheat Economy
América Latina en la Historia Económica, 2010 This paper explores the near-simultaneous development of the gold rush and grain production in California during the early 1850s. Economic models predict that the production of tradable goods such as wheat are unlikely during a mineral boom due to the ...
James Gerber
doaj
Earth as a Hybrid Planet - The Anthropocene in an Evolutionary Astrobiological Context
, 2017 We develop a classification scheme for the evolutionary state of planets based on the non-equilibrium thermodynamics of their coupled systems, including the presence of a biosphere and the possibility of what we call an agency-dominated biosphere (i.e ...
Alberti, Marina +2 more
core +1 more source
Germany’s persistent balance-of-payments disequilibrium revisited
PSL Quarterly Review, 2014 The work examines Germany’s balance-of-payments surplus. The author first briefly considers the United States balance of payments. The German balance of payments is then analysed according to structural aspects, absorption, the level of domestic ...
C.P. KINDLEBERGER
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The IMS (International Monetary System ... or Scandal?) and the EMS (European Monetary System)
PSL Quarterly Review, 2013 This article discusses the significance of worldwide balance of payments disequilibrium with specific reference to the US current and capital account deficits.
R. TRIFFIN
doaj +1 more source
Market Dynamics in Edgeworth Exchange [PDF]
Edgeworth exchange is the fundamental general equilibrium model, yet equilibrium predications and theories of price adjustment for this model remain untested.
Steven Gjerstad
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, 2011 We have developed 1-D photochemical and thermochemical kinetics and diffusion models for the transiting exoplanets HD 189733b and HD 209458b to study the effects of disequilibrium chemistry on the atmospheric composition of "hot Jupiters." Here we ...
A. J. Friedson +121 more
core +1 more source
Persistent disequilibrium dynamics and economic policy [PDF]
We develop a theoretical model involving temporary equilibria with quantity rationing in each period and price adjustment between periods. The resulting dynamic system may present a variety of dynamic behaviors, ranging from the convergence to stationary
Gerd Weinrich, Luca Colombo
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The Role of Small Reservoirs in Reducing Reactive N Export Via Denitrification [PDF]
, 2019 Reactive nitrogen (N), which harms ecosystem health, has been increasing in the biosphere, leading to higher N export to coastal ecosystems. Although man-made reservoirs can be significant sources of greenhouse gases, they can also retain N, thus ...
Phillips, Margaret, Wollheim, Wil
core +1 more source
Error Corrected Disequilibrium [PDF]
We derive an econometric disequilibrium model for time series data. This is done by error correcting the supply of some good. The model naturally separates between a continuously clearing market and a clearing market in the long-run such that we are able
Holmberg, Ulf
core +1 more source