Showing 1 - 10 of 183
In this paper we apply the Monte Carlo method to find the eigenvalues and the eigenvectors of a k-symmetric matrix A …
Persistent link: https://www.econbiz.de/10005042726
United States and the evolution of the shape over time. The underlying concept is borrowed from geo-mechanics and thus can be … considered as mechanics of income distribution. The model allows the resolution of empirical and definitional problems associated …
Persistent link: https://www.econbiz.de/10005836753
Correlation matrices have many applications, particularly in marketing and financial economics. The need to forecast demand for a group of products in order to realize savings by properly managing inventories requires the use of correlation matrices. In many cases, due to paucity of...
Persistent link: https://www.econbiz.de/10005837492
This paper shows how to compute asymptotic standard errors of the characteristic roots of a nonlinear econometric model. The system of simultaneous equations is linearized in the neighborhood of a given point, then characteristic roots and related standard errors are computed.
Persistent link: https://www.econbiz.de/10008684874
A neoclassical factor demand model for structures, equipment and labour is analyzed. It incorporates a variety of … technology shocks and interrelations in adjustment cost dynamics. …
Persistent link: https://www.econbiz.de/10008835359
The mathematical models of equipment’s wear and tear, and replacement theory aim at deciding on the purchase selection … of a certain equipment type, the optimal exploitation time of the equipment, the time and ways to replace or repair it …, or to ensure its spare parts, the equipment’s performance in the technical progress context, the opportunities to …
Persistent link: https://www.econbiz.de/10008567983
This paper presents a macroeconomic model with some microfoundations for a small open economy. The main purpose is the simulation of external environment and fiscal policy shocks. The model includes sufficiently disaggregated public sector and household disposable income accounts and it...
Persistent link: https://www.econbiz.de/10005835404
We propose a network-based model of credit contagion and examine the e�ects of idiosyncratic and systemic shocks to individual banks and the banking system. The banking system is built as a network in which banks are connected to each other through the interbank market. The microstructure...
Persistent link: https://www.econbiz.de/10011258207
To the best of our knowledge this is the first study to evaluate the medium term impact of early childcare (0-2 years old child). This is carried out by the estimation of efective (actual) marginal returns of early childcare in a non observable heterogeneity context. We estimate the impact on...
Persistent link: https://www.econbiz.de/10011260891
This paper ranks economic forecasts performances for two structural models against a benchmark of time series models, VAR and ARIMA, according to a set of statistical measures calculated for the main economic aggregates. The period of analysis covers twenty years for annual data (1985-2004) and...
Persistent link: https://www.econbiz.de/10011127582