Search Results - subject:"Linear dynamics"

Okada, Daijiro; Tercieux, Olivier - 2008

We show that local potential maximizer ([15]) with constant weights is stochastically stable in the log-linear dynamics … dynamics (relative log-linear dynamics) under which local potential maximizer with strictly positive weights is stochastically … choice rule converges to the best response rule at different rates. For 2 x 2 games, we examine a modified log-linear …

Persistent link: https://www.econbiz.de/10010282847

Moeda endógena e progresso tecnológico induzido num modelo macrodinâmico pós-keynesiano

Oreiro, José Luís; Carvalho, Luciano Dias - In: Revista Economia e Sociedade 32 (2008) 4, pp. 23-23

This article intend to analyze the process of the economic growth and income distribution in an environment where technological progress and the basic rate of interest are endogenous and the money, via credit offer, has a preponderant role in the determination of economic dynamics. In this...

Persistent link: https://www.econbiz.de/10005000165

Endogenous risk in a DSGE model with capital-constrained financial intermediaries

Dewachter, Hans; Wouters, Raf - In: Journal of Economic Dynamics and Control 43 (2014) C, pp. 241-268

This paper proposes a perturbation-based approach to implement the idea of endogenous financial risk in a standard DSGE macro-model. Recent papers, such as Mendoza (2010), Brunnermeier and Sannikov (2012) and He and Krishnamurthy (2012), that have stimulated the research field on endogenous risk...

Persistent link: https://www.econbiz.de/10010776908

COMPARISON BETWEEN DIFFERENT METHODS OF LEVEL IDENTIFICATION

PFANTE, OLIVER; BERTSCHINGER, NILS; OLBRICH, ECKEHARD; … - In: Advances in Complex Systems (ACS) 17 (2014) 02, pp. 1450007-1

Levels of a complex system are characterized by the fact that they admit a closed functional description in terms of concepts and quantities intrinsic to that level. Several ideas have come up so far in order to make the notion of a closed description precise. In this paper, we present four of...

Persistent link: https://www.econbiz.de/10010882955

Maximum approximate entropy and r threshold: A new approach for regularity changes detection

Restrepo, Juan F.; Schlotthauer, Gastón; Torres, María E. - In: Physica A: Statistical Mechanics and its Applications 409 (2014) C, pp. 97-109

Approximate entropy (ApEn) has been widely used as an estimator of regularity in many scientific fields. It has proved to be a useful tool because of its ability to distinguish different system’s dynamics when there is only available short-length noisy data. Incorrect parameter selection...

Persistent link: https://www.econbiz.de/10011059631

Network reconstruction by linear dynamics

Li, Suhong; Li, Fan; Liu, Weiqing; Zhan, Meng - In: Physica A: Statistical Mechanics and its Applications 404 (2014) C, pp. 118-125

Inferring connectivity of complex network from its node dynamics is of great significance in many cross-disciplinary fields. In this paper, we extend the previous network reconstruction method based on phase synchronization with nonlinearly coupled system to a linearly coupled one. We test these...

Persistent link: https://www.econbiz.de/10010931575

Non-linear dynamics of employment, output and real wages in Canada: Recent time series evidence Abstract Purpose–The purpose of this paper is to examine the relationship among empl...

McFarlane, Adian A.; Das, Anupam; Chowdhury, Murshed - In: Journal of Economic Studies 4 (2014), pp. 554-568

Persistent link: https://www.econbiz.de/10010933493

Non-linear dynamics of employment, output and real wages in Canada : Recent time series evidence

A. McFarlane, Adian; Das, Anupam; Chowdhury, Murshed - In: Journal of Economic Studies 41 (2014) 4, pp. 554-568

growth Granger causes real wage growth; and non-linear dynamics, captured by the current depth regression (CDR) effect term … standard vector autoregression (VAR) model to which the authors introduce non-linear dynamics through a term that controls for …

Persistent link: https://www.econbiz.de/10014864040

Endogenous risk in a DSGE model with capital-constrained financial intermediaries

Dewachter, Hans; Wouters, Rafael - In: Journal of economic dynamics & control 43 (2014), pp. 241-268

Persistent link: https://www.econbiz.de/10010470108

Follow the money : the monetary roots of bubbles and crashes

Corsi, Fulvio; Sornette, Didier - In: International review of financial analysis 32 (2014), pp. 47-59

Persistent link: https://www.econbiz.de/10010461341