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Fiscal Policy, Human Capital, and Canada-US Labor Market Integration
Wildasin, David E. - EconWPA - 2003
of public goods and services, including higher education. Despite theoretical insights from traditional trade theory that …
Persistent link: https://www.econbiz.de/10005076579
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Spatial Dependence in the Evolution of Regional Income Distributions
Rey, Sergio J. - EconWPA - 2001
This paper introduces three measures of spatial dependence for use in the analysis of regional income distributions and their evolution. The first builds upon the notion of regional conditioning (Quah 1993), and is derived as a trace statistic from a modified Markov transition matrix. The...
Persistent link: https://www.econbiz.de/10005124888
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Well Isn't That Spatial?! Handbook of Regional and Urban Economics: A View From Economic Theory
Berliant, Marcus - EconWPA - 2005
Review of the 'Handbook of Regional and Urban Economics: Volume 4: Cities and Geography' edited by J.V. Henderson and J.-F. Thisse
Persistent link: https://www.econbiz.de/10005118960
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Teaching Agent-Based Computational Economics to Graduate Students
Tesfatsion, Leigh - EconWPA - 1998
macroeconomic theory over the past several years, using an ACE labor market framework for concrete illustration. …
Persistent link: https://www.econbiz.de/10005076912
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"How Economists Can Get Alife: Abbreviated Version"
Tesfatsion, Leigh - EconWPA - 1995
Artificial life (alife) is the bottom-up study of basic phenomena commonly associated with living agents, such as self- replication, evolution, adaptation, self-organization, exploitation, competition, cooperation, and social network formation. Alife complements the traditional biological and...
Persistent link: https://www.econbiz.de/10005076914
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Genetic Action Trees A New Concept for Social and Economic Simulation
Pitz, Thomas; Chmura, Thorsten - EconWPA - 2005
approach is based on two scientific concepts: Genetic Algorithms [Goldberg 1989, Holland 1975] and the theory of Action Trees … analytic philosophy for the structural description of actions. The theory of Action Trees makes use of the observation of …
Persistent link: https://www.econbiz.de/10005076915
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A Homotopy Approach to Solving Nonlinear Rational Expectation Problems
Jensen, Mark J. - EconWPA - 1995
this paper we present a numerical tool known as homotopy theory that can be applied to these methods. Homotopy theory … and transforming it into the problem at hand. If this transformation is preformed slowly, homotopy theory will also help … the global convergence properties of the numerical algorithm. We apply homotopy theory to Den Haan and Marcet …
Persistent link: https://www.econbiz.de/10005076917
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Modeling Directed Local Search Strategies on Technology
Hovhannisian, Karén; Valente, Marco - EconWPA - 2005
Persistent link: https://www.econbiz.de/10005076918
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Wavelets in Econometrics: An Application to Outlier Testing
Greenblatt, Seth A. - EconWPA - 1994
In recent years, wavelets have become widely used in physics, engineering, and mathematics. They have been used for signal processing, image processing, numerical computation, and data compression. Wavelets have not, however, been used very much in the fields of Economics, Econometrics, and...
Persistent link: https://www.econbiz.de/10005124893
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Markov Chain Monte Carlo Simulation Methods in Econometrics
Chib, Siddhartha; Greenberg, Edward - EconWPA - 1994
We present several Markov chain Monte Carlo simulation methods that have been widely used in recent years in econometrics and statistics. Among these is the Gibbs sampler, which has been of particular interest to econometricians. Although the paper summarizes some of the relevant theoretical...
Persistent link: https://www.econbiz.de/10005124895