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A question that recent research on the global pandemic raises is: how do the assumptions underlying epidemiological models and economic models differ? Epidemiological models we now know have become quite sophisticated (see Avery et al., 2020). Debate among economic methodologists regarding the...
Persistent link: https://www.econbiz.de/10013173050
In this paper we show that both climate models and economic models studying the effects of climate change are characterized by high uncertainty. Hence, far reaching policy implications such as the net zero goal lack a definite scientific foundation. Neverthelss, it cannot be excluded that the...
Persistent link: https://www.econbiz.de/10015053416
This paper outlines the structure and economic foundation of the World Bank's macroeconomic and fiscal model (MFMod …). MFMod consists of individual country models for 181 countries. The models are used by country economists within the World … export and import prices, which are a function of world commodity prices and local cost considerations …
Persistent link: https://www.econbiz.de/10012113889
In a controversial policy paper, Bachmann et al. (2022) argued back in March 2022 that the economic effects for Germany of a complete immediate stop of energy imports from Russia would be small, between 0.5% and 3% of GDP. Baqaee et al. (2022) even presented 0.3% GDP loss in the case of an...
Persistent link: https://www.econbiz.de/10014233270
into the world trading system. In addition to diverting resources for administrative tasks, current rules of origin carry …
Persistent link: https://www.econbiz.de/10012561473
.Wie beratend ist die Beratungspraxis tatsächlich? Diese Frage wird am Beispiel der Politikberatung ausführlich diskutiert …
Persistent link: https://www.econbiz.de/10015203668
This study addresses a significant gap in the literature by comparing the effectiveness of traditional statistical methods with artificial intelligence (AI) techniques in predicting bankruptcy among small and medium-sized enterprises (SMEs). Traditional bankruptcy prediction models often fail to...
Persistent link: https://www.econbiz.de/10015272906
Persistent link: https://www.econbiz.de/10012173734
Background: Antibiotics have been overprescribed to treat infectious diseases and have generated antimicrobial resistances that reduce their effectiveness. Following the rationale behind the new paradigm of personalized medicine, point-of-care diagnostic testing (POCT) has been proposed to...
Persistent link: https://www.econbiz.de/10012607268
The risk of corporate financial distress negatively affects the operation of the enterprise itself and can change the financial performance of all other partners that come into close or wider contact. To identify these risks, business entities use early warning systems, prediction models, which...
Persistent link: https://www.econbiz.de/10012304757