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The idea that NN can be usefully used for a better understanding of economic complex mechanisms is present in the literature. Our interest is to show that this is correct if we use the larger possible amounts of information that data conveys. At this end we will start with the consideration...
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This paper is based closely on the author's Y. C. Jao lecture presented to the Hong Kong Economic Association in November 1998.
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demand for labor is equal to supply, and the wage rate is precisely the market-clearing one, if and only the necessary money …Keynes (1936) said that shortage of money caused by hoarding or failure to invest led to unemployment, but Lucas (1972 …) said that money does not affect unemployment. The tables have now turned. Gani (2003) produced a model of indirect trade in …
Persistent link: https://www.econbiz.de/10005561133
En esta obra, Alejandro Díaz-Bautista compila una serie de artículos de investigación económica en donde se recogen diversos puntos de vista de los cambios económicos ocurridos durante los últimos tres sexenios en México, que se registraron en la esfera política económica y en...
Persistent link: https://www.econbiz.de/10005561268