Results 271 to 280 of about 71,863 (311)
Some of the next articles are maybe not open access.
INTERMEDIARIES IN A MACROECONOMIC MODEL*
The Journal of Finance, 1967IN THIS PAPER a formal macroeconomic model incorporating intermediaries will be developed, and a qualitative analysis will be made of the impact of intermediary behavior on the strength of a given monetary policy action. The model will attempt to include the major links between the real and financial sectors, especially those interactions between ...
openaire +1 more source
, 1995 In an incomplete asset market, firms compute the value of production plans by approximating them with the payoffs of portfolios of marketed assets; equivalently, by projecting their payoffs on the span of the payoffs of marketed assets; equivalently, they apply the capital asset pricing model (capm).
DE WAEGENAERE, Anja +2 more
openaire
EVOLUTIONARY ALGORITHMS IN MACROECONOMIC MODELS
Macroeconomic Dynamics, 2000This paper provides a survey of the applications of evolutionary algorithms in macroeconomic models. Discussion is organized around the issues related to stability of equilibria, equilibrium selection, transitional dynamics, and the long-run evolutionary dynamics different from rational-expectations equilibrium outcomes.
openaire +1 more source
Time stepping of macroeconomic models
Applied Mathematics and Computation, 1999zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire +2 more sources
The Econometrics of Macroeconomic Modelling
2005Abstract Macroeconometric models, in many ways the flagships of the economist's profession in the 1960s, came under increasing attack from both theoretical economist and practitioners in the late 1970s. Critics referred to their lack of microeconomic theoretical foundations, ad hoc models of expectations, lack of identification, neglect ...
Gunnar Bardsen +3 more
openaire +1 more source
A Cybernetic Model of Macroeconomic Disequilibrium
2017In “On Keynesian Economics and the Economics of Keynes” (1968) Leijonhufvud described his cybernetic vision for macroeconomic microfoundations and the dynamics that move the economy from one equilibrium to another. Here I implement that vision in agent-based model.
openaire +1 more source
An Open-Economy Macroeconomic Model
1987One of the principal trends in economics over recent years has been to place considerable emphasis on the need to examine the various interlinkages that exist between economies, and to move away from models which concentrate on the operation of closed systems.
openaire +1 more source
Latvia's Macroeconomic Model [PDF]
, 2006 The paper presents the first version of Latvia's Macroeconomic Model (LMM) built using the features and structure of an Area-Wide Model (AWM) for the euro area and Multi-Country Model (MCM) for a typical country block of the European System of Central Banks.
Konstantins Benkovskis, Dainis Stikuts
openaire