Search Results - subject:"Functions"

Exponential periodicity and stability of delayed neural networks

Sun, Changyin; Feng, Chun-Bo - In: Mathematics and Computers in Simulation (MATCOM) 66 (2004) 6, pp. 469-478

boundedness and differentiability of the activation functions, some new sufficient conditions ensuring existence and uniqueness of …

Persistent link: https://www.econbiz.de/10010748588

Bank Loan Components and the Time-Varying Effects of Monetary Policy Shocks

Den Haan, Wouter; Sumner, Steven; Yamashiro, Guy - C.E.P.R. Discussion Papers - 2004

A robust finding for both small and large banks is that in response to a monetary tightening, real estate and consumer loans decrease while C&I loans increase. We also show that in a standard log-linear VAR the impulse response function of an aggregate variable is time varying. The finding that...

Persistent link: https://www.econbiz.de/10005067576

Impacts of Monetary, Fiscal and Exchange Rate Policies on Output in China: A Var Approach

Hsing, Yu; Hsieh, Wen-Jen - In: Economic Change and Restructuring 37 (2004) 2, pp. 125-139

Applying the VAR model and using the interest rate as a monetary policy variable, we find that in the long run, output in China responds negatively to a shock to the interest rate, the real exchange rate, government debt, or the inflation rate, and it reacts positively to a shock to government...

Persistent link: https://www.econbiz.de/10005067822

Loan components and time varying effects of monetary policy shocks

Haan, Wouter J Den; Sumner, Steven - Society for Economic Dynamics - SED - 2004

This paper looks at the responses of bank loan components to a monetary tightening and compares the responses to those observed to output shocks. We find the results to be consistent with both a bank lending channel and a balance sheet channel for consumer loans. In contrast, wee find that C&I...

Persistent link: https://www.econbiz.de/10005027308

Resampling methods for estimating functions with U-statistic structure

Jiang, Wenyu; Kalbfleisch, Jack - Berkeley Electronic Press - 2004

-statistic of degree 1 or 2. We define suitable studentized versions of such estimating functions and consider asymptotic … functions. These methods are justified asymptotically and lead to confidence intervals produced directly from the studentized … estimating functions. Particular examples in this class of estimating functions arise in La estimation as well as Wilcoxon rank …

Persistent link: https://www.econbiz.de/10005579275

Estimation of Factor Augmenting Technical Change: The Case of US Agriculture

Kumbhakar, Subal C. - In: Indian Economic Review 39 (2004) January, pp. 31-53

consider both cost and profit functions in the single and multiple output cases. Output efficiency factors are also added in …

Persistent link: https://www.econbiz.de/10005582773

Service market – the real form of existence for exchange relations

Cosmescu, Ioan; Cosmescu, Denisa - In: Annals of the University of Petrosani, Economics 4 (2004), pp. 51-54

In a limited way of approaching the term “market” is defined as a certain geographic place, a physical point where, at certain hours and certain days, buyers and sellers meet in order to buy and sell goods. In a broad and abstract way of approaching the word “market” does not mean...

Persistent link: https://www.econbiz.de/10005628099

On the reconciliation of efficiency and inequality aversion with heterogeneous populations: characterization results

Capéau, Bart; Ooghe, Erwin - Centrum voor Economische Studiën, Faculteit Economie … - 2004

We characterize a family of r-extended generalized Lorenz dominance quasi-orderings and a family of r-Gini welfare orderings, on the basis of two allegedly "incompatible" axioms for heterogeneous welfare comparisons (Ebert, 1997, Ebert and Moyes, 2003, Shorrocks, 1995), but at the cost of either...

Persistent link: https://www.econbiz.de/10005642226

Non-convex Technologies and Cost Functions: Definitions, Duality and Nonparametric Tests of Convexity

Briec, Walter; Kerstens, Kristiaan; Eeckaut, Philippe Venden - In: Journal of Economics 81 (2004) 2, pp. 155-192

Persistent link: https://www.econbiz.de/10005810046

Accounting for Income Distribution Trends: A Density Function Decomposition Approach

Jenkins, Stephen P.; Van Kerm, Philippe - Institute for the Study of Labor (IZA) - 2004

This paper develops methods for decomposing changes in the income distribution using subgroup decompositions of the income density function. Overall changes are related to changes in subgroup shares and changes in subgroup densities, where the latter are broken down further using elementary...

Persistent link: https://www.econbiz.de/10005762087