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In a standard general equilibrium model it is assumed that there are no price restictionsand that prices adjust infinitely fast to their equilibrium values. In this paper the set ofadmissible prices is allowed to be an arbitrary convex set. For such an arbitrary set it cannotbe guaranteed that...
Persistent link: https://www.econbiz.de/10011257502
The papers in this special issue of Mathematics and Computers in Simulation cover the following topics: improving judgmental adjustment of model-based forecasts, whether forecast updates are progressive, on a constrained mixture vector autoregressive model, whether all estimators are born equal:...
Persistent link: https://www.econbiz.de/10011256964
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10011255538
This discussion paper resulted in a publication in 'Discrete Optimization', 2007, 4, 315-321.<P> In this paper an algorithm is proposed to find an integral solution of (nonlinear) complementarity problems. The algorithm starts with a nonnegative integral point and generates a unique sequence of...</p>
Persistent link: https://www.econbiz.de/10011255731
We examine the effect of railway travel on urban spatial structure in a polycentric urban land use model. We focus on the role of access to the railway network. We find that if the number of train stations is limited, the degree of urbanization is higher around train stations, but the effect of...
Persistent link: https://www.econbiz.de/10011255758
This discussion paper led to a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0377221711004498">'European Journal of Operational Research'</A>, 214(3), 493-500.<P>We study the existence problem of a zero point of a function defined on a finite set of elements of the integer lattice of the n-dimensional Euclidean space. It is assumed that the set is...</p></a>
Persistent link: https://www.econbiz.de/10011256220
This discussion paper resulted in a publication in the 'SIAM Journal on Optimization', 2007, 18, 290-308. <P> In this paper we present two general results on the existence of a discrete zero point of a function from the n-dimensional integer lattice Zn to the n-dimensional Euclidean space Rn. Under...</p>
Persistent link: https://www.econbiz.de/10011256600
This discussion paper resulted in a publication in 'Mathematical Programming', ser. A, 2006, 108, 127-134. <P>
Persistent link: https://www.econbiz.de/10011256768
This discussion paper resulted in a publication in the 'Journal of Optimization Theory and Applications', 2010, 144, 391-407. <p> Tucker's well-known combinatorial lemma states that for any given symmetric triangulation of the n-dimensional unit cube and for any integer labeling that assigns to...</p>
Persistent link: https://www.econbiz.de/10011257467
We introduce a Combined Density Nowcasting (CDN) approach to Dynamic Factor Models (DFM) that in a coherent way accounts for time-varying uncertainty of several model and data features in order to provide more accurate and complete density nowcasts. The combination weights are latent random...
Persistent link: https://www.econbiz.de/10011272583