Search Results - subject:"order approximation"

Optimal appointment scheduling in continuous time : the lag order approximation method

Vink, Wouter; Kuiper, Alex; Kemper, Benjamin; Bhulai, … - In: European journal of operational research : EJOR 240 (2015) 1, pp. 213-219

Persistent link: https://www.econbiz.de/10010491720

New tools for understanding the local asymptotic power of panel unit root tests

Westerlund, Joakim; Larsson, Rolf - In: Journal of econometrics 188 (2015) 1, pp. 59-93

Persistent link: https://www.econbiz.de/10011500261

Tractable latent state filtering for non-linear DSGE models using a second-order approximation and pruning

Kollmann, Robert - In: Computational economics 45 (2015) 2, pp. 239-260

Persistent link: https://www.econbiz.de/10011325720

Slovak economy in a period of recession : nonlinear DSGE model with time-varying parameters

Tvrz, Stanislav; Vašíček, Osvald - In: Ekonomický časopis : časopis pre ekonomickú … 63 (2015) 1, pp. 34-50

Persistent link: https://www.econbiz.de/10011341462

Volatility, Growth and Labour Elasticity

Annicchiarico, Barbara; Corrado, Luisa; Pelloni, Alessandra - Rimini Centre for Economic Analysis (RCEA) - 2008

We study the relationship between growth and variability in a DSGE model with nominal rigidities and growth driven by learning-by-doing. We show that this relationship may be positive or negative depending on the impulse source of fluctuations A key role is also played by the Frisch elasticity...

Persistent link: https://www.econbiz.de/10005091061

Long-Term Growth and Short-Term Volatility: The Labour Market Nexus

Annicchiarico, B.; Corrado, L.; Pelloni, A. - Faculty of Economics, University of Cambridge - 2008

Persistent link: https://www.econbiz.de/10005207811

Long-Term Growth and Short-Term Volatility: The Labour Market Nexus

Annicchiarico, Barbara; Corrado, Luisa; Pelloni, Alessandra - Centre for Dynamic Macroeconomic Analysis, University … - 2008

63. Keywords: Growth; Volatility; Monetary and Real Shocks; Labour Supply Elasticity; Second-Order Approximation Methods … realizations of the shocks - through the rate of investment, as can be seen from (19). Calculating a second-order approximation of … based on accurate second-order approximation to the policy functions representing the optimum paths 15 for the control and …

Persistent link: https://www.econbiz.de/10005671092

Welfare costs of shifting trend inflation

Nakata, Taisuke - In: Journal of Macroeconomics 41 (2014) C, pp. 66-78

This paper studies the welfare consequences of exogenous variations in trend inflation in a New Keynesian economy. Consumption and leisure respond asymmetrically to a rise and a decline in trend inflation. As a result, an increase in the variance of shocks to the trend inflation process...

Persistent link: https://www.econbiz.de/10010907070

A variable selection criterion for linear discriminant rule and its optimality in high dimensional and large sample data

Hyodo, Masashi; Kubokawa, Tatsuya - In: Journal of Multivariate Analysis 123 (2014) C, pp. 364-379

In this paper, we suggest the new variable selection procedure, called MEC, for linear discriminant rule in the high dimensional and large sample setup. MEC is derived as a second-order unbiased estimator of the misclassification error probability of the linear discriminant rule (LDR). It is...

Persistent link: https://www.econbiz.de/10010718981

Welfare costs of shifting trend inflation

Nakata, Taisuke - In: Journal of macroeconomics 41 (2014), pp. 66-78

Persistent link: https://www.econbiz.de/10010514770