Results 31 to 40 of about 19,641,006 (303)
A Comparison of the Macroeconomic Effects of Increased Defence Spending in Poland and Germany
Comparative Economic Research, 2023 The aim of the article is to quantify and compare the macroeconomic effects of defence spending in the Polish and German economies. Estimating these effects is of particular importance in the context of the substantial increase in defence expenditures in
Piotr Krajewski, Katarzyna Piłat
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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 stochastic
Sándor Karajz
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Journal of Advanced Computational Intelligence and Intelligent Informatics, 2015 A first-order approximation technique is not suited to handle issues such as welfare comparison, time-varying variance. Following Schmitt-Grohe and Uribe [1], in this paper, we derive a second-order approximation to estimate the dynamic stochastic equilibrium model with stochastic volatility, to capture the different impacts of the level shocks and the
Shangfeng Zhang, Yuying Wang, Bing Xu
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Dynamic Stochastic General Equilibrium model for the Islamic economy [PDF]
Investment Management and Financial Innovations, 2018 This article is concerned with the debate around the economic knowledge evolution and the role of ethics in economy. It reports on the 2008 crisis, the research literature reveals two main problems: the efficiency of the economic modeling and the failure of the ethical system.The authors explore the use of the new Dynamic Stochastic General Equilibrium
Khawla Dahani, Rajae Aboulaich
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Sequential action and beliefs under partially observable DSGE environments [PDF]
, 2012 Revised and resubmitted at Computational EconomicsThis paper introduces a classification of DSGEs from a Markovian perspective, and positions the class of POMDP (Partially Observable Markov Decision Process) to the center of a generalization of linear ...
Kim, Seong-Hoon
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Dual Labor Market in a Dynamic Stochastic General Equilibrium Model of Iran [PDF]
پژوهشهای اقتصادی, 2014 The substantial share of informal employment in Iran, on the one hand and the growing use of dynamic stochastic general equilibrium models in analyzing economic policies by central banks and eliminating the flaws of these models, on the other hand ...
marzieh esfandyari +2 more
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New directions in stabilisation policies
PSL Quarterly Review, 2012 Recently, a new class of macroeconomic business cycle models has emerged. Stochastic dynamic general equilibrium models with rational expectations originally employed by RBC researchers are combined with nominal rigidities and imperfect competition ...
Ralf Fendel
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The Euler equation with habits and measurement errors: Estimates on Russian micro data [PDF]
Panoeconomicus, 2016 This paper presents estimates of the consumption Euler equation for Russia. The estimation is based on micro-level panel data and accounts for the heterogeneity of agents’ preferences and measurement errors. The presence of multiplicative habits
Khvostova Irina +2 more
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Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics—Validation of Results
Entropy, 2022 The COVID-19 pandemic has raised many questions on how to manage an epidemiological and economic crisis around the world. Since the beginning of the COVID-19 pandemic, scientists and policy makers have been asking how effective lockdowns are in ...
Jagoda Kaszowska-Mojsa +2 more
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Membrane composition and thermodynamic identity as boundaries of life for synthetic cell research
FEBS Letters, EarlyView.What makes a cell a cell? The boundary of a living cell is not just a wall. Read as a Markov blanket, the membrane separates internal from external states, generating identity and non‐equilibrium order. Can this identity be rebuilt from scratch in a synthetic cell?
Caterina Presutti, Bert Poolman
wiley +1 more source