Showing 1 - 10 of 23
inter-capitalist rivalry and focus on American hegemony and capitalist accumulation on a world scale. The work of three … approach. -- imperialism ; inter-capitalist rivalry ; accumulation crisis ; globalization ; American hegemony …
Persistent link: https://www.econbiz.de/10009958022
It is frequently believed, in a quite schizophrenic fashion, that a theory of value must just solve the question of "relative prices" (a microeconomic problem), being mainly the theory of money the piece needed for determining the absolute or monetary level of prices (a macroeconomic problem)....
Persistent link: https://www.econbiz.de/10009958838
Grey system theory can powerfully deal with incomplete and uncertain information. In this paper, we introduced an improved grey GM(1,1) model that integrates residual modification with Markov chain model. By this model, we improved the forecast accuracy of original grey forecast model and...
Persistent link: https://www.econbiz.de/10009958471
Insurance companies have to estimate reserves and provisions to cover the payment of either unreported claims or unsettled claims. In this paper, we apply the Chain-Ladder method to obtain a point estimate of reserves, and then we use the bootstrap technique to estimate the margin of error and...
Persistent link: https://www.econbiz.de/10010118388
In some circumstances a decision maker, expert, in a group decision making problem cannot express his/her preferences with a unique linguistic fuzzy preference because he/she is dubious into some preferences. In this paper, we present a consensus model for group decision making problems with...
Persistent link: https://www.econbiz.de/10010118391
case we deal with a single risk factor, so we will not use the Monte Carlo simulation method to measure the VaR and we will … only use the parametric and historical simulation methods for this purpose. The parametric method using the normal … distribution and historical simulation with exponentially weighted data and without weighting is used to calculate VaR. Finally …
Persistent link: https://www.econbiz.de/10010009131
Using the maximum likelihood method, in order to estimate Half-Normal stochastic frontier production models, entails several practical di±culties that, perhaps, have not been su±ciently emphasised. In employing FRONTIER software, we analyse the case in which the estimation obtained suggests...
Persistent link: https://www.econbiz.de/10009957389
We apply a variation of Bourguignon, Meléndez and Ferreira (2005) methodology to examine the extent to which income inequality is associated with the inequality of observed exogenous circumstances of origin that determine individuals' "opportunities" to pursue their chosen life plans. We find...
Persistent link: https://www.econbiz.de/10009959081
This paper makes a quantitative assessment of possible reforms to the Chilean tax system. The simulations are based on a recursive dynamic computable general equilibrium model that is calibrated with the input-output matrix 2003. For each scenario is considered a cut effective rate of value...
Persistent link: https://www.econbiz.de/10009959111
This paper analyses household income mobility in Chile between 1996 and 2001. Compared to industrialized and most developing countries, mobility has been quite high. The purpose of this paper is to apply a binomial probit model and split analysis into assessment of individuals and households on...
Persistent link: https://www.econbiz.de/10009959118