Results 21 to 30 of about 31,814 (296)
The subject of the study is the causal relationship between the co-integration of technological innovations and business activity, and their impact on the formation of macroeconomic dynamics in the short and long-term.
B. J. Matrizaev
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In light of the global effort to limit the temperature rise, many cities have undertaken initiatives to become climate-neutral, making decentralized urban energy production more relevant. This paper addresses the potential of urban wind energy production
Alina Wilke +2 more
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In recent years, the economies of many countries around the world have been in a situation of intense, rapidly changing, abrupt processes. The current situation urgently requires a change in the economic paradigm in the near future, which leads to the ...
Sergei Aliukov
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Economic Theories and Macroeconomic Reality [PDF]
Economic theories are often encoded in equilibrium models that cannot be directly estimated because they lack features that, while inessential to the theoretical mechanism that is central to the specific theory, would be essential to fit the data well. We propose an econometric approach that confronts such theories with data through the lens of a time ...
Loria, Francesca +2 more
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On the theory of macroeconomic policy [PDF]
Jan Tinbergen originated the theory of policy in the 1950s. Here I apply it to contemporary macroeconomics. The two standard instruments of short-run demand management cannot achieve the two usual targets, full employment and price stability. With respect to those goals, these two instruments are collinear, except for small and transient effects on ...
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Consumption-based macroeconomic models of asset pricing theory [PDF]
The family of consumptionbased asset pricing models yields a stochastic discount factor proportional to the marginal rate of intertemporal substitution of consumption.
Đorđević Marija
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Criticism of the Classical Theory of Macroeconomic Modeling
: Current approaches and methods of modeling of macroeconomic systems do not allow to generate research ideas that could be used in applications. This is largely due to the fact that the dominant economic schools and research directions are building ...
K. K. Kumehov
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Inflation Targeting in Eastern Europe [PDF]
This paper addresses the inflation targeting approach in three transition economies, namely Hungary, Poland and the Czech Republic with the use of Taylor rules as benchmarks.
Laurian Lungu, Juan-Paez-Farrell
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Quantum Microeconomics Theory [PDF]
The quantum macroeconomics theory is formulated for the first time, assuming that the business cycle has the discrete-time oscillations spectrum in analogy with the electronics excitations discrete-time spectrum in the Bohr’s atom model in the quantum physics.
Ledenyov, Dimitri O. +1 more
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Theory, measurement and calibration of macroeconomic models [PDF]
Abstract Calibration has become a standard tool of macroeconomics. This paper extends and refines the calibration methodology along several important dimensions. First, accounting for home production is important both in measuring calibration targets and in organizing the data in a model-consistent fashion.
Paul Gomme, Peter Rupert
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