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Many economic models (e.g., computable general equilibrium models, econometric input-output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input-output tables and these are only...
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A cephoid is a Minkowski sum of finitely many prisms in R^n. We discuss the concept of duality for cephoids. Also, we show that the reference number uniquely defines a face. Based on these results, we exhibit two graphs on the outer surface of a cephoid. The first one corresponds to a maximal...
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The paper is concerned with determinacy in a version of the New-Keynesian model that integrates imperfect competition and nominal price and wage setting on goods and labour markets. The model is reformulated with an explicit period of arbitrary length and shown to remain well-defined as the...
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The more variables a logic expression contain, the more complicated is the interpretation of this expression. Since in a statistical sense prime implicants can be interpreted as interactions of binary variables, it is thus advantageous to convert such a logic expression into a disjunctive normal...
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