Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10013262862
Persistent link: https://www.econbiz.de/10010391929
Persistent link: https://www.econbiz.de/10012215880
Persistent link: https://www.econbiz.de/10012405748
Supplementary materials for "The cause of universality in growth fluctuations". As supplementary materials we provide the following: In Section 1 we discuss a modification to our model incorporating a constraint over the number of elements. In Section 2 we derive and discuss in detail the...
Persistent link: https://www.econbiz.de/10014195671
Phenomena as diverse as breeding bird populations, the size of U.S. firms, money invested in mutual funds, and the scientific output of universities all show unusual but remarkably similar growth fluctuations. The fluctuations display characteristic features, including heavy tails and anomalous...
Persistent link: https://www.econbiz.de/10013133609
For environmental problems such as global warming future costs must be balanced against present costs. This is traditionally done using an exponential function with a constant discount rate, which reduces the present value of future costs. The result is highly sensitive to the choice of discount...
Persistent link: https://www.econbiz.de/10013072858
Persistent link: https://www.econbiz.de/10010226781
We propose a novel decomposition of the input-output linkage impact into linkage efficiency and linkage strength. We show that, for standard multisectoral models, countries' GDP growth rates are related to the average total backward linkages in the economy, which we call linkage strength, and to...
Persistent link: https://www.econbiz.de/10013212179