Showing 1 - 10 of 2,617
This paper presents the general economic equilibrium model of the Republic of Kazakhstan. The model includes eight macroagents. Four of the macroagents, Household, Producer, Bank, Owner, are described by optimisation problems. The other four macroagents follow prescribed scenarios. All agents...
Persistent link: https://www.econbiz.de/10010760035
To reconcile the discrepancy between the efficient market hypothesis and grain marketing recommendations by advisory services and extension programs, simulated prices from an efficient market are used to compare performance of marketing practices over the long run and in individual 40-year...
Persistent link: https://www.econbiz.de/10005805358
We discuss some practical issues related to the use of the Parameterized Expectations Approach (PEA) for solving non-linear stochastic dynamic models with rational expectations. This approach has been applied in models of macroeconomics, financial economics, economic growth, contract theory,...
Persistent link: https://www.econbiz.de/10005827523
This paper presents a behavioral finance model of the exchange rate. Agents forecast theexchange rate by means of very simple rules. They can choose between three groups offorecasting rules: fundamentalist, extrapolative and momentum rules. Agents using afundamentalist rule are not able to...
Persistent link: https://www.econbiz.de/10005861184
In der Literatur werden zahlreiche Versuche unternommen, das Investitionsverhalten von Unternehmen durch die Anwendung ökonometrischer Modelle zu verstehen. Die Spezifikation dieser Modelle stützt sich in der jüngeren Vergangenheit auf zwei Theoriebereiche. Zum einen ist dies die neue...
Persistent link: https://www.econbiz.de/10005861222
The Polish tax and benefit system is presented in the context of a recently developedmicrosimulation model, SIMPL. The model allows simulating direct taxes, social contributionsand public benefits in Poland for the years 2003 and 2005...>br>
Persistent link: https://www.econbiz.de/10005862313
Es erscheint mir in der Tat „Eulen nach Athen tragen”, wenn ich zum Geburtstag von Rolf Kreibich einen Festvortrag über „Zukunftsforschung im Spannungsfeld von Visio-nen und Alltagshandeln” halte, wo doch dies seit Jahren sein ureigenes Arbeitsgebiet ist und das seines von ihm...
Persistent link: https://www.econbiz.de/10005865805
The report contains the documentation of the five future workshops which were performed bythe IZT within the framework of the German Research Dialogue “Futur” during the last quarterof 2001.The general aim of these workshops consisted in supporting the work of the so called Futur“focus...
Persistent link: https://www.econbiz.de/10005865852
Die Geschäftsstellen müssen für die Zeitspanne der Euro-Bargeld-Einführung(17.12.2001 bis 28.02.2002) mit einem deutlich höheren Kunden- und Transaktionsaufkommenim Kassengeschäft rechnen. Damit weder chaotische Zuständemit langen Warteschlangen noch hohe Zusatzkosten die Folgen sind,...
Persistent link: https://www.econbiz.de/10005865891
In economics simulation models are used quite a lot to carry out mathematical experiments.However, the specification of … -especially if the results found in the simulation models are striking. Then, the audience cannothelp but think that there has … calibrating simulation models in a waythat makes their results more acceptable. However, compared with models of …
Persistent link: https://www.econbiz.de/10005866052