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When dealing with nonlinear econometric models, resort is often made to simulation techniques for the investigation of their dynamic properties. A spectral analysis using stochastic and analytic simulation is carried out on a nonlinear model of the Italian economy. The two approaces are...
Persistent link: https://www.econbiz.de/10015221806
This paper describes the results of some stochastic simulation experiments performed on the most updated version of the Italian model. Due to a change in the income accounts system, the model has been completely reestimated using the new quarterly data. It consists of 128 equations, 50 of which...
Persistent link: https://www.econbiz.de/10015222032
Experiments of stochastic simulation on a macro model of the Italian economy; this paper describes the first results produced by the research team.
Persistent link: https://www.econbiz.de/10015222656
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Motivated by the complicated control issues of COVID-19, this article aims at investigating the optimal control of an epidemic of a Susceptible-Infective-Removed-Susceptible (SIRS) infection, where social distancing is the only control action in a first stage, whereas a combination of social...
Persistent link: https://www.econbiz.de/10014001734
According to the conventional theory of the demographic transition, mortality decline has represented the major trigger for fertility decline and eventually sustained economic development. In Sub-Saharan Africa (SSA), the HIV/AIDS epidemic has had a devastating impact on mortality, by...
Persistent link: https://www.econbiz.de/10011654236
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A central policy issue in the battle against HIV in Sub-Saharan Africa (SSA) is whether and when high-prevalence countries might become fully autonomous in designing and implementing their own intervention policies aimed to control the disease. The aim of this research is twofold. First, it...
Persistent link: https://www.econbiz.de/10011857014
We exploit a multistate generalisation of a classical, one-sex, stable population model to evaluate structural and long-term effects of changes in the attainment of adulthood. The demographic framework that inspired this paper is provided by Italy, where a strong delay in the transition to...
Persistent link: https://www.econbiz.de/10005168334