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data by the least squares principle. Estimation has been done by the Particle Swarm (PS) methods of global optimization …
Persistent link: https://www.econbiz.de/10005621577
small or large errors. The absolute deviation estimation of parameters is more suitable in such cases. This paper has made … an attempt to estimation of parameters of Sato’s two-level CES production function by minimizing the sum of absolute …
Persistent link: https://www.econbiz.de/10005621933
immediate neighbours and the ideal performers. The Particle Swarm method of optimization mimics this behaviour. Every individual …
Persistent link: https://www.econbiz.de/10005626839
the elderly, of the families with married couples and single mothers, and the cost of children. Our consumption results …
Persistent link: https://www.econbiz.de/10005079335
Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic wellbeing income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...
Persistent link: https://www.econbiz.de/10005621617