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Decomposing Electricity Demand Elasticity in Iran: Computable General Equilibrium Approach

Manzoor, Davood; Haqiqi, Iman; Aghababaei, Mohammad - 2012

The purpose of this study is to discuss and show how a general equilibrium analysis can be used to decompose demand … elasticity. We apply this framework into the electricity market. To do so, we use a general equilibrium model, assuming Iran as a …

Persistent link: https://www.econbiz.de/10015265036

Ramsey, David M.; Szajowski, Krzysztof - 2004

), Warsaw, September 2004. The Nash equilibrium approach to solving nonzero-sum stopping games may give multiple solutions. An …' decisions. This is a form of equilibrium selection. Examples of correlated equilibria in nonzero-sum games related to the staff …

Persistent link: https://www.econbiz.de/10015219922

Global Solutions to DSGE Models as a Perturbation of a Deterministic Path

Ajevskis, Viktors - 2014

general equilibrium models (DSGE). The main idea is to expand a solution in a series of powers of a small parameter scaling …

Persistent link: https://www.econbiz.de/10015242019

Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes

Gori, Luca; Sodini, Mauro - 2012

This study analyses the dynamics of a two-dimensional overlapping generations economy with endogenous labour supply à la Reichlin (1986) and aspirations, i.e. effective consumption by individuals of the current generation depends on the standard of living (based on consumption experience) of...

Persistent link: https://www.econbiz.de/10015230100

Complex dynamics in an OLG model of growth with inherited tastes

Luciano, Fanti; Luca, Gori; Cristiana, Mammana; … - 2016

The aim of this article is to study the local and global dynamics of a general equilibrium closed economy with …-temporal preferences affects the steady-state equilibrium and dynamic outcomes. …

Persistent link: https://www.econbiz.de/10015251068

On Bródy’s conjecture: facts and figures from the US economy

Mariolis, Theodore; Tsoulfidis, Lefteris - 2012

Bródy’s conjecture is submitted to an empirical test using input-output flow data of varying size for the US economy for the benchmark years 1997 and 2002, as well as for the period 1998-2010. The results suggest that the ratio of the modulus of the subdominant eigenvalue to the dominant one...

Persistent link: https://www.econbiz.de/10015235301

New Economics

Obregon, Carlos - 2020

None of the known macroeconomic theories are adequate to understand what to do in a global crisis like the 2020 Global Pandemic. Rational Expectations and monetarism cannot even ex-plain how is that a global crisis like this happens. The IS-LM model was designed to manage business cycles, but...

Persistent link: https://www.econbiz.de/10015214327

Equilibrium in the Production Process of a Two-Sector Model of the New Economy

Van, Germinal - 2021

The purpose of this paper is to provide a mathematical framework to investigate the method through which an equilibrium … is met between two economic sectors. The equilibrium process being discussed in this paper focuses essentially on the … mathematical model helps explaining how two economic sectors reach an equilibrium when their production methods are significantly …

Persistent link: https://www.econbiz.de/10015237081

Matriz de Contabilidad Social para Argentina construida con resultados de PBI alternativos proveniente del ARKLEMS-LAND UBA

Coremberg, Ariel; Mastronardi, Leonardo; Romero, Carlos; … - 2016

Equilibrium models. After INDEC intervention and the deficiency of the national stats system, an alternative GDP estimation for …

Persistent link: https://www.econbiz.de/10015252382

Huggett Economies with Multiple Stationary Equilibria

Toda, Alexis Akira - 2017

follows a VAR(1) process with an arbitrary shock distribution. The stationary equilibrium is unique if the income process is …

Persistent link: https://www.econbiz.de/10015256002