But managing a decline in the growth rate without an investment collapse andfinancial disruption is far trickier than any general equilibrium model suggests.
経済学への主要な貢献は、二つの重要な分野の「創造」と統合だ――一般均衡理論と、計量経済学。
Its main contributions to economics lie in its creation andconsolidation of two important fields: general equilibrium theory and econometrics.
Benefits of the course is to obtain the fundamental knowledge to urban transportation systems,computable general equilibrium model, input-output analysis, computable urban equilibrium modeling, and the role of transportation planning against city planning.
The mathematical models that had come to form thebasis of academic economics were shifting from general equilibrium, in which everything worked out for the best, to multiple equilibriums, in which it might not.
Although only mildly influential during his lifetime, his"tastes-and-obstacles" approach to general equilibrium theory were resurrected during the great'Paretian Revival' of the 1930s and have guided much of economics since.
This series examines the Federal ReserveBank of New York's dynamic stochastic general equilibrium(FRBNY DSGE) model- a structural model used by Bank researchers to understand the workings of the U.S. economy and provide economic forecasts.
The ongoing assessment work takes into account the interrelationships of multiple regulations in a more explicit way andadopts a more comprehensive and general equilibrium perspective.
In this paper, we build a quantitative general equilibrium model populated with overlapping generations of individuals who face uninsurable wage risks, mortality risks and borrowing constraints under incomplete markets.
We use a variety of state-level data sources, together with a general equilibrium spatial model of the United States to systematically construct a panel dataset of state-level land-use restrictions between 1950 and 2014.
Robinson's early contributions tended to be fundamental extensions of Neoclassical theory: her 1941 paper on the theory of cost actually served, paradoxically,to assist Neoclassical general equilibrium theory dodge Piero Sraffa's(1926) critique(which is why it elicited so much praise from Viner).
Although Arrow has producedmore than a lion's share of groundbreaking contributions to general equilibrium theory, social welfare theory, growth, production, uncertainty, information and optimal public policy, he has not rested on his laurels and continues to produce apace.
Besides that above analysis is by a partial equilibrium analysis,however by a general equilibrium analysis, it showed that the income transfer caused among to the welfare concerned to the production of the good imposed tariff from the another welfare of production.[57].
This idea has encouraged major central banks to use different types of models. These include hybrid-type models, which pursue short-run empirical coherence and long-run theoretical consistency,and Dynamic Stochastic General Equilibrium(DSGE) models, which place greater emphasis on theory.
Razin and Sadka(2017) provide a stylised general equilibrium model of Israel's immigration story, to understand better the balance of the political-economic forces at play, and to identify winners and losers(the model is based on Meltzer and Richard 1981 and Razin et al. 2002a, b).
Fourth, we explore model-based general equilibrium counterfactuals to illustrate how, in a setting where households source their consumption from heterogeneous firms, economic shocks(such as trade integration or business regulations) can give rise to asymmetric effects on cost of living inflation across the income distribution.
During my time at the Institute of Innovation Research at Hitotsubashi University, I studied methods for estimating R&D investment and capital stock following implementation of the 2008SNA statistical standards in Japan.I also engaged in research using a dynamic general equilibrium model incorporating R&D capital to analyze and evaluate science and technology policy in Japan.
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