Results 261 to 270 of about 918,098 (302)

Dynamic credit relationships in general equilibrium

Journal of Monetary Economics, 2006
Abstract We construct a general equilibrium model with private information in which borrowers and lenders enter into long-term dynamic credit relationships. Each new generation of ex ante identical individuals is divided in equilibrium into workers and entrepreneurs.
Anthony A. Smith, Cheng Wang
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Dynamic Stochastic General Equilibrium Models

2018
Dynamic Stochastic General Equilibrium (DSGE) models have become popular in macroeconomics, but the combination of nonlinear microeconomic behavior of the agents and model-consistent expectations raise intricate computational issues; this chapter reviews solution methods and estimation of DSGE models.
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Consumption dynamics in general equilibrium [PDF]

, 2012
This paper explores the role of consumption habits using an estimated nonlinear dynamic stochastic general equilibrium (DSGE) model with heteroscedastic shocks. It finds that habits interact with time-varying volatility to produce a better and more plausible fit to the data.
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Portfolio Choice in General Dynamic Equilibrium

2020
This chapter introduces issues related to portfolio choice and determination of assets prices into the general equilibrium dynamic model in Chap. 3. Households of contemporary economies are characterized by holding many kinds of assets such as housing, land, stocks, precious metals, cashes in different currencies.
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Walrasian General Equilibrium and Nonlinear Dynamics

Nonlinear Dynamics, Psychology, and Life Sciences, 1998
Investigations of the structural stability of the general equilibrium model show that within a nonlinear framework, the differential equation governing price adjustment requires two conditions: (a) The number of agents must be greater than or equal to the number of commodities; and (b) severe restrictions on the nature of preferences must be placed ...
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A simple dynamic general equilibrium model

Journal of Economic Theory, 1987
In the present paper an economy with only a single good but with \(H>1\) infinitely-lived consumers that operate in a continuous-time framework is analysed. The utility functions are assumed to be recursive and not additive. In other words the rate of time preference is not constrained to be constant, but rather can vary with the consumption path where
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Generating Equilibrium Ensembles Via Molecular Dynamics

2005
Over the last several decades, molecular dynamics (MD) has become one of the most important and commonly used approaches for studying condensed phase systems. MD calculations generally serve two often complementary purposes. First, an MD simulation can be used to study the dynamics of a system starting from particular initial conditions. Second, MD can
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Dynamic models and generalized equilibrium problems

1998
The aim of this paper is to consider equilibrium problems with data depending explicitly on the time and to study how the equilibrium conditions change and under which assumptions the existence of a solution time depending can be ensured. We consider the special case of equilibrium flows in a network, because this model represents a valid test to know ...
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Dynamic General Equilibrium Modeling

2009
Heer, Burkhard, Maußner, Alfred
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An overview of precision oncology basket and umbrella trials for clinicians

Ca-A Cancer Journal for Clinicians, 2020
Kristian Thorlund, Edward J Mills
exaly