Search Results - subject:"Difference equations"

Meyer-ter-Vehn, Moritz; Smith, Lones; Bognar, Katalin - In: The review of economic studies 85 (2018) 3, pp. 1897-1935

Persistent link: https://www.econbiz.de/10011923512

THE BEHAVIOR OF PRICES AS A RESPONSE TO STRUCTURAL CHANGES - THE ROLE OF THE ECONOMIC TRANSMISSION MECHANISMS IN EXPLAINING THE OBSERVED BEHAVIOR

DOSPINESCU, Andrei Silviu - In: Romanian Journal of Economics 35 (2012) 2(44), pp. 201-217

The paper analyzes the impact of structural variables on prices by building a model based on a system of difference … equations. The main contribution of the paper is the formulation and testing of a hypothesis regarding the relation between the …

Persistent link: https://www.econbiz.de/10010857804

ВАРИАЦИОННЫЕ МЕТОДЫ ИДЕНТИФИКАЦИИ ЛИНЕЙНЫХ ДИНАМИЧЕСКИХ СИСТЕМ И ПРОБЛЕМА ЛОКАЛЬНЫХ ЭКСТРЕМУМОВ

АЛЕКСАНДРОВИЧ, ЛОМОВ АНДРЕЙ - In: Управление большими … (2012) 3, pp. 53-94

Рассмотрена проблема большого числа локальных экстремумов, возникающих при использовании "прямых" методов идентификации параметров линейных динамических...

Persistent link: https://www.econbiz.de/10011270520

The behavior of prices as a response to structural changes : the role of the economic transmission mechanisms in explaining the observed behavior

Dospinescu, Andrei Silviu - In: Revista română de economie 35 (2012) 2, pp. 201-217

Persistent link: https://www.econbiz.de/10010514234

The economic dynamics of inflation and unemployment

Todorova, Tamara - 2012 - Received November 18, 2011; revised December 21, 2011; accepted January 3, 2012

We study the time path of inflation and unemployment using the Blanchard treatment of the relationship between the two and taking the monetary policy condition into account. We solve the model both in continuous and discrete time and compare the results. The economic dynamics of inflation and...

Persistent link: https://www.econbiz.de/10011571444

A higher-order interactive hidden Markov model and its applications

Zhu, Dong-Mei; Ching, Wai Ki; Elliott, Robert J.; Siu, … - In: OR spectrum : quantitative approaches in management 39 (2017) 4, pp. 1055-1069

Persistent link: https://www.econbiz.de/10011777086

Elements of dynamic economic modeling : presentation and analysis

Tesfatsion, Leigh - In: Eastern economic journal 43 (2017) 2, pp. 192-216

Persistent link: https://www.econbiz.de/10012243761

Sticky information and determinacy

Meyer-Gohde, Alexander - 2011

difference equations in order to directly assess determinacy in the model with demand given by the forward-looking IS equation …

Persistent link: https://www.econbiz.de/10010281516

Equilibrium pricing in incomplete markets under translation invariant preferences

Cheridito, Patrick; Horst, Ulrich; Kupper, Michael; … - 2011

described by a system of coupled backward stochastic difference equations, which in the continuous-time limit becomes a multi …

Persistent link: https://www.econbiz.de/10010281519

Exploration of the Brazilian Term Structure in a Hidden Markov Framework

Munclinger, Richard - International Monetary Fund (IMF) - 2011

We apply a hidden Markov model of the term structure to modeling the Brazilian swap rate curve. We examine the model's characteristics and its performance in describing the cross-sectional and time-series dynamics of the term structure. Two regimes are identified, a high level and a high...

Persistent link: https://www.econbiz.de/10008839349