Equilibrium models

The model used–an extension of the loglinear dividendprice ratio model of Campbell and Shiller (1988, 1989)–facilitates a straightforward test of these alternatives in a linear regression with the log priceearnings ratio as dependent variable. The regression results suggest that the correlation between the priceearnings ratio and expected inflation is the result of both effects; that is, an increase in expected inflation reduces equity prices because it is associated with both lower expected real earnings growth and higher required real returns.
0p bocapchetnguoi 06122012 34 2 Download

Tuyển tập các báo cáo nghiên cứu về y học được đăng trên tạp chí y học Wertheim cung cấp cho các bạn kiến thức về ngành y đề tài: Explicit equilibrium modeling of transcriptionfactor binding and gene regulation...
10p thulanh19 09112011 19 1 Download

This is the second part of the book that examines process and possible economic consequences of accession to the WTO. This part considers economic impact of the WTO accession and takes specific country as a case study, namely Ukraine. Computable General Equilibrium model for Ukraine is built and several scenarios are modelled. The facts that Ukraine has sufficiently large economy and accession was finalised quite recently should make it interesting to a wide audience.
87p tuanloc_do 04122012 27 1 Download

Asmentioned in the introduction, the information associatedwith an event is represented by a data structure called a notiﬁcation.We refer to the datamodel or encoding schema of notiﬁcations as the event notiﬁcation model or simply event model. Most existing event notiﬁcation services adopt a simple record like structure for notiﬁcations, while some more recent frameworks deﬁne an objectoriented model (e.g., the Java™ Distributed Event Speciﬁcation [Sun Microsystems 1998] and the CORBA Notiﬁcation Service [Object Management Group 1998b]).
34p nhacchovina 22032013 19 7 Download

.Environmental Modeling .. .Ekkehard Holzbecher Environmental Modeling Using MATLAB® .Priv.Doz. Dr.Ing. Dipl.Math. Ekkehard Holzbecher GeorgAugust Universit€t G€ttingen a o Goldschmidtstr. 3 37077 G€ttingen o eholzbe@gwdg.de Additional material to this book can be downloaded from http://extra.springer.com. ISBN 9783642220418 eISBN 9783642220425 DOI 10.1007/9783642220425 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2011941398 # SpringerVerlag Berlin Heidelberg 2012 This work is subject to copyright.
0p taurus23 27092012 21 5 Download

Mathematical modelling is the process of formulating an abstract model in terms of mathematical language to describe the complex behaviour of a real system. Mathematical models are quantitative models and often expressed in terms of ordinary differential equations and partial differential equations. Mathematical models can also be statistical models, fuzzy logic models and empirical relationships. In fact, any model description using mathematical language can be called a mathematical model.
0p thienbinh1311 13122012 18 5 Download

This is the second part of the book that examines process and possible economic consequences of accession to the WTO. This part considers economic impact of the WTO accession and takes specific country as a case study, namely Ukraine. Computable General Equilibrium model for Ukraine is built and several scenarios are modelled. The facts that Ukraine has sufficiently large economy and accession was finalised quite recently should make it interesting to a wide audience.
0p sofia11 08052012 44 4 Download

Mathematical Modeling I – preliminary is designed for undergraduate students. Two other followup books, Mathematical Modeling II – advanced and Mathematical Modeling III – case studies in biology, will be published. II and III will be designed for both graduate students and undergraduate students. All the three books are independent and useful for study and application of mathematical modeling in any discipline.
106p sn_buon 29112012 22 4 Download

For the past fifteen years the New Keynesian model has served as a frame of reference for analyses of fluctuations and stabilization policies.1 That framework has allowed the rigor and internal consistency of dynamic general equilibrium models to be combined with typically Keynesian assumptions, like monopolistic competition and nominal rigidities, thus setting the stage for a meaningful, welfarebased analysis of the effects of alternative monetary policy rules.
119p namde01 11032013 23 4 Download

This paper considers the problem of policy evaluation in a modern society with heterogeneous agents and diverse groups with conflicting interests. Several different approaches to the policy evaluation problem are compared including the approach adopted in modern welfare economics, the classical representative agent approach adopted in macroecononomics and the microeconomic treatment effect approach. A new approach to the policyevaluationproblemis developed and applied that combines and extends the best features of these earlier approaches.
108p bin_pham 06022013 22 3 Download

Tham khảo sách 'understanding nonequilibrium thermo dynamics g. lebon', kỹ thuật  công nghệ, cơ khí  chế tạo máy phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả
331p ngoctu2396 28112012 22 2 Download

This paper reviews the range of traffic models, with particular attention to microsimulation. Although there are major types, there are so many hybrids that it is difficult to classify them all. The standard way of assigning traffic to a network is to find a static equilibrium from which no driver would be able to find a quicker route. This gives fairly good predictions of the link flows resulting from driver choices.
11p nguyenhaisu 07082015 7 2 Download

This book has two parts. The first part talks about general characteristics of the World Trade Organisation (WTO) as well as common steps that have to be taken during the accession process. Theoretical studies related to the WTO activities are also presented. Finally, Part I of this book discusses one of the most useful methods of examining economic consequences of being WTO member, namely Computable General Equilibrium (CGE) Models. Part II continues analysis and shows application of CGE model to a specific case study.
103p tuanloc_do 04122012 25 1 Download

More recently, Granger (1986) and Johansen and Juselius (1990) proposed to determine the existence of longterm equilibrium among selected variables through cointegration analysis, paving the way for a (by now) preferred approach to examining the economic variablesstock markets relationship. A set of timeseries variables are cointegrated if they are integrated of the same order and a linear combination of them is stationary. Such linear combinations would then point to the existence of a longterm relationship between the variables.
30p bocapchetnguoi 05122012 12 1 Download

We present a gametheoretic model of bargaining over a metaphor in the context of political communication, ﬁnd its equilibrium, and use it to rationalize observed linguistic behavior. We argue that game theory is well suited for modeling discourse as a dynamic resulting from a number of conﬂicting pressures, and suggest applications of interest to computational linguists.
12p hongdo_1 12042013 11 1 Download

The study presents the application of parabolic model using MEPBAY package to estimate the equilibrium stages of the headlandbay beaches in Binh Thuan and Ninh Thuan provinces. The model results showed that the present shorelines in Phan Thiet, Binh Thuan are not under equilibrium stages. As for Binh Thuan, the shoreline changes with and without structures in Phan Thiet and Hon Rom beaches were predicte.
8p tinhluong123 21112015 12 1 Download

Learning outcome of this chapter 2: Identify the critical assumptions of the twosector model, define what is meant by a Paretooptimal allocation of resources; articulate the three conditions for a general equilibrium; distinguish between allocative efficiency, Xefficiency, and ‘dynamic’ efficiency (or economic growth); discuss the broad categories of market failure; explain the allocative, distributive, and stabilisation functions of government; distinguish between direct and indirect forms of government intervention.
17p allbymyself_09 23022016 6 1 Download

Chapter 8  Building the aggregate expenditure model. In this chapter you will learn: The factors that determine consumption expenditure and saving, the factors that determine investment spending, how equilibrium GDP is determined in a closed economy without a government sector, about the effects of the multiplier on changes in equilibrium GDP,…
95p tangtuy04 16032016 13 1 Download

In this chapter, students will be able to understand: Illustrate how economists combine consumption and investment to depict an aggregate expenditures schedule for a private closed economy, analyze how changes in equilibrium real GDP can occur in the aggregate expenditures model and describe how those changes relate to the multiplier, identify and describe the nature and causes of "recessionary expenditure gaps" and "inflationary expenditure gaps".
14p hihihaha4 16122016 7 1 Download

The model of supply and demand is the economics profession’s greatest contribution to human understanding because it explains the operation of the markets on which we depend for nearly everything that we eat, drink, or consume. The model is so powerful and so widely used that to many people it is economics. This chapter explains how the model works and how it can explain both the quantities that are bought and sold in markets as well as the prices at which they trade.
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