Search Results - subject:"stochastic heterogeneity"

Industry Dynamics with Stochastic Demand

Bergin, James; Bernhardt, Dan - 2006

We study the dynamics of an industry subject to aggregate demand shocks where the productivity of a firm's technology evolves stochastically over time. Each period, each firm, given the aggregate demand shock, the productivity of its technology, and the distribution of technology productivities...

Persistent link: https://www.econbiz.de/10011940662

Industry Dynamics with Stochastic Demand

Bergin, James; Bernhardt, Dan - Economics Department, Queen's University - 2006

Persistent link: https://www.econbiz.de/10005688229

Sequential Self-Selection of Program Adherence

Mittelhammer, Ron; Rosenman, Robert; Tennekoon, Vidhura - School of Economic Sciences, Washington State University - 2011

of stochastic heterogeneity that exploits the use of singular normal distributions and leads to efficiency in the …

Persistent link: https://www.econbiz.de/10009293700