Results 21 to 30 of about 8,695 (306)
Endogenous product turnover and macroeconomic dynamics [PDF]
Review of Economic Dynamics, 2017 Abstract This paper introduces endogenous product entry and exit based on creation and destruction of product variety in a general equilibrium model. Recessionary technology shocks induce exit of unprofitable products on impact, allocating resources towards more productive production lines.
Francesco Zanetti, Masashige Hamano
openaire +4 more sources
Estimation of Dynamic Panel Data Models with Stochastic Volatility Using Particle Filters
Econometrics, 2016 Time-varying volatility is common in macroeconomic data and has been incorporated into macroeconomic models in recent work. Dynamic panel data models have become increasingly popular in macroeconomics to study common relationships across countries or ...
Wen Xu
doaj +1 more source
Climate Disaster Risks—Empirics and a Multi-Phase Dynamic Model
Econometrics, 2020 Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia.
Stefan Mittnik +2 more
doaj +1 more source
Macroeconomic dynamics and the IS puzzle [PDF]
Economics, 2018 Abstract The authors solve the IS puzzle for the G7 countries. They find that five of the G7 countries have the expected significant negative relationship between the output gap and the realrate gap; the time series of the remaining two show material deviation from expected IScurve behavior.
Hawkins, Raymond J., Nguyen, Chau N.
openaire +5 more sources
Multi-Agent-Based Macroeconomic Modelling
Theory, Methodology, Practice, 2019 Macroeconomic modelling emerged at the end of the 20th century and by the first decade of the 21st century it had been widely accepted. However, the financial crisis of 2007 followed by the real economy crisis exposed the weaknesses of dynamic ...
Sándor Karajz
doaj +2 more sources
Mathematical Modelling of Qualitative System Development
Mathematics, 2022 Many scientific fields need to know how human systems develop. From an economic point of view, the main factors of system output change are changes in the quantity of inputs (extensive factors) and changes in efficiency (input quality and productivity ...
Jan Lánský +2 more
doaj +1 more source
Dynamic Modeling of Macroeconomics: Endogen Models of N. Kaldor and M. Kalecki
Vestnik MGIMO-Universiteta, 2011 .
O. B. Okunev
doaj +1 more source
Higher-order dynamic effects of uncertainty risk under thick-tailed stochastic volatility
Financial Innovation, 2022 Sudden and uncertain events often cause cross-contagion of risk among various sectors of the macroeconomy. This paper introduces the stochastic volatility shock that follows a thick-tailed Student’s t-distribution into a high-order approximate dynamic ...
Xiao-Li Gong +3 more
doaj +1 more source
Lending Standards and Macroeconomic Dynamics [PDF]
SSRN Electronic Journal, 2018 This paper proposes a tractable way to incorporate lending standards ("credit qualification thresholds") into macro models of financial frictions. Banks can reject borrowers whose risk is above an endogenous threshold at which no lending rate sufficiently compensates banks for the borrowers' default risk.
openaire +2 more sources
Income inequality and public policy in Argentina (1996-2014).
Cuadernos de Economía, 2017 This article analyses the evolution of income inequality in Argentina through the decomposition of the Gini coefficient by income sources. The dynamic analysis allows for simultaneous changes in participation and concentration of different income sources
Dario Judzik +2 more
doaj +1 more source