Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley +1 more source
Growth of a Tessellation: Geometric rules for the Development of Stingray Skeletal Patterns. [PDF]
Yang B +8 more
europepmc +1 more source
Metabolic thermodynamics: pertinent reference state and energy potentials
A recommendation and method to view the energy potentials of metabolites with reference to (green arrow) a biochemical precursor state (in green: water, Mg2+, phosphate, bicarbonate, ammonium, and sulfate, at pH = 7) rather than (the red arrow) the physical–chemical reference state (in grayish red) that is alien to biology, that is, O2, H2, N2 at 1 ...
Hans V. Westerhoff +21 more
wiley +1 more source
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley +1 more source
Evaluating Trends in Mortality and Years of Life Lost Due to Cardiovascular Diseases in the Southwest of Fars Province, 2013-2023: A Cross-Sectional Study. [PDF]
Eghbalian M +5 more
europepmc +1 more source
A Comparative Review of Specification Tests for Diffusion Models
Summary Diffusion models play an essential role in modelling continuous‐time stochastic processes in the financial field. Therefore, several proposals have been developed in the last decades to test the specification of stochastic differential equations.
A. López‐Pérez +3 more
wiley +1 more source
The Expected Peak-to-Average Power Ratio of White Gaussian Noise in Sampled I/Q Data. [PDF]
Wunderlich A, Sanders A.
europepmc +1 more source
Standing on a common ground: a comparison of static stability approaches for pallet loading
Abstract At the practical level, the static stability constraint is one of the most important constraints in practical pallet loading problems, such as air cargo palletizing. Approaches to modeling static stability, which range from base support and mechanical equilibrium calculations to physical simulation, differ in workflow, focus, and assumptions ...
Philipp G. Mazur +3 more
wiley +1 more source
Statistical methods for the computation and parameter estimation of a fractional SIRC model with Salmonella infection. [PDF]
Alzahrani SM.
europepmc +1 more source
Monetary Policy When Preferences Are Quasi‐Hyperbolic
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley +1 more source

