Results 211 to 220 of about 138,641 (264)
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Estimating the Speed of Adjustment in Partial Adjustment Models
Journal of Business & Economic Statistics, 1991We reexamine a recent controversy in the inventory literature regarding the impact of estimator choice on estimated speeds of adjustment in partial adjustment models. We compare the properties of two asymptotically equivalent estimators, the residual-adjusted Aitken (RAA) and nonlinear least squares (NLS) estimators.
Alastair Hall, Robert J. Rossana
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Liquidity and speed of leverage adjustment
Australian Journal of Management, 2020This article investigates the effect of liquidity on the speed of adjustment (SOA) of corporate leverage at the individual company level. Using panel analysis of data from 35 countries between 1996 and 2016, we find that high-liquidity firms have a significantly faster SOA than less liquid firms.
Ly Ho, Yue Lu, Min Bai
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CONTAGION AND THE SPEED OF ADJUSTMENT IN SMALL WORLDS
International Game Theory Review, 2007We model a simple dynamic process in which myopic agents are matched amongst each other to play a coordination game. The network of player interaction is varied between a regular lattice and a random network allowing us to model contagion in small world networks.
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Stability and Speed of Adjustment under Retiming of Lags
Econometrica, 1980The subject is retiming of lags in a system of linear difference equations. The issues are (i) the effect of lag retiming on stability and (ii) the effect of lag retiming on speed of adjustment. Regarding (i), a theorem due to Bear [1] is sharpened; and new conditions for stability to survive under a retiming of lags are obtained.
Harriff, Richard +2 more
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On the interharmonic components generated by adjustable speed drives
10th International Conference on Harmonics and Quality of Power. Proceedings (Cat. No.02EX630), 2004The interharmonic generation process is addressed with reference to high power adjustable speed drives based on double stage conversion systems using line commutated or pulse width modulated inverters. Reference is made to ideal supply conditions. Formulas to forecast the interharmonic frequencies due to the interaction between the rectifier and the ...
F. DE ROSA +3 more
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A wide-range adjustable-speed drive
Electrical Engineering, 1949This paper describes the theory and characteristics of a drive which provides a wide range of adjustable speeds. The ratio of the maximum to minimum useful speeds attainable is approximately 20-to-1. The system provides high starting-torque, relatively high efficiencies and rapid deceleration through regenerative braking.
A. G. Conrad, E. R. Tribken
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Speed of adjustment and estimation of the partial adjustment model
Applied Economics Letters, 1996The effect which the speed of adjustment parameter has on the statistical properties of the partial adjustment model, and estimates of its parameters, is investigated. It is shown that in the case of very rapid adjustment, the model approaches a classical (static) regression model, but in the case of very slow adjustment, the dependent (or state ...
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Industry Structure and the Speed of Price Adjustment
The Journal of Industrial Economics, 1983RECENT work has suggested that there is an association between the degree of concentration in an industry and the speed at which prices adjust to changes in prime costs (Cagan [8], Domberger [12, 13], Scherer [21], p. 356 and the references cited therein).
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2001
Four decades have passed since our celebrant, then a young student at Johns Hopkins, attended my class in Public Finance. He was told that the fiscal system must address three concerns—the provision of public goods, equity in distribution and macro stability.
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Four decades have passed since our celebrant, then a young student at Johns Hopkins, attended my class in Public Finance. He was told that the fiscal system must address three concerns—the provision of public goods, equity in distribution and macro stability.
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Dynamic speed adjustment of a machine tool
2010 5th IEEE International Conference Intelligent Systems, 2010We present analytical results related to a tool management model for a flexible machine equipped with a tool magazine, variable cutting speed, and sensors to monitor tool wear, when tool life due to flank wear is stochastic. Under some regularity conditions, we derive the special structure of decision rules for adjusting the cutting speed as a function
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