Search Results - subject:"Representative-Agent Model"

Analysing the behavioural finance impact of "fake news" phenomena on financial markets: A representative agent model and empirical validation

Fong, Bryan - In: Financial Innovation 7 (2021) 1, pp. 1-30

This paper proposes an original behavioural finance representative agent model, to explain how fake news' empirical …

Persistent link: https://www.econbiz.de/10012602934

Analysing the behavioural finance impact of "fake news" phenomena on financial markets : a representative agent model and empirical validation

Fong, Bryan - In: Financial innovation : FIN 7 (2021), pp. 1-30

This paper proposes an original behavioural finance representative agent model, to explain how fake news' empirical …

Persistent link: https://www.econbiz.de/10012594938

Foundations or Bridges? A Review of J. E. King's The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics

Hoover, Kevin D. - 2013

A review of J.E. King's The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics.

Persistent link: https://www.econbiz.de/10011592211

Foundations or bridges? : a review of J.E. King's The microfoundations delusion: metaphor and dogma in the history of macroeconomics

Hoover, Kevin D. - 2013

Persistent link: https://www.econbiz.de/10011707343

Can a Representative-Agent Model Represent a Heterogeneous-Agent Economy?

An, Sungbae; Chang, Yongsung; Kim, Sun-Bin - University of Rochester - Center for Economic Research … - 2008

unstable utility. Our analysis suggests that the representative-agent model often fails to represent an equilibrium outcome of …UNIVERSITY OF ROCHESTER Can a Representative-Agent Model Represent a Heterogeneous-Agent Economy? An, Sungbae, Chang …, Yongsung, and Kim, Sun-Bin Working Paper No. 542 September 2008 Can a Representative-Agent Model Represent a Heterogeneous …

Persistent link: https://www.econbiz.de/10005808171

Can a Representative-Agent Model Represent a Heterogeneous-Agent Economy?

An, Sungbae; Chang, Yongsung; Kim, Sun-Bin - East Asian Bureau of Economic Research (EABER) - 2008

Accounting for observed fluctuations in aggregate employment, consumption, and real wage using the optimality conditions of a representative household requires preferences that are incompatible with economic priors. In order to reconcile theory with data, we construct a model with heterogeneous...

Persistent link: https://www.econbiz.de/10009365323

Using Grey Production Functions in the Macroeconomic Modelling: An Empirical Application for Romania

ANDREI, Ana Michaela; GEORGESCU, Irina - In: Informatica Economica 18 (2014) 4, pp. 154-164

The work is a development of our earlier studies containing empirical application of models with representative agent. The extensions developed in this paper consist of the following: the introduction of the labor market via the use of labor as the second production factor, the use of the...

Persistent link: https://www.econbiz.de/10011165684

On economic paradigms, rhetoric and the micro-foundations of macroeconomics

McCombie, John S.L.; Negru, Ioana - In: European Journal of Economics and Economic Policies: … 11 (2014) 1, pp. 53-66

macroeconomic theory, notably in terms of the representative agent model. …

Persistent link: https://www.econbiz.de/10014363196

On substitutability and complementarity in discrete choice models

Feng, Guiyun; Li, Xiaobo; Wang, Zizhuo - In: Operations research letters 46 (2018) 1, pp. 141-146

Persistent link: https://www.econbiz.de/10011808007

On the relation between several discrete choice models

Feng, Guiyun; Li, Xiaobo; Wang, Zizhuo - In: Operations research 65 (2017) 6, pp. 1516-1525

Persistent link: https://www.econbiz.de/10011777775