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This paper discusses non-exponential growth patterns of macroeconomic models. More specifically, the paper discusses asymptotic growth patterns of the numbers of clusters and of components of partition vectors, that is, the number of clusters of specific sizes, of one-andtwo-parameter...
Persistent link: https://www.econbiz.de/10008519547
This paper examines asymptotic behavior of two types of economic or financial models with many interacting heterogeneous agents. They are one-parameter Poisson-Dirichlet models, also called Ewens models, and its extension totwo-parameter Poisson-Dirichlet models. The total number of clusters,...
Persistent link: https://www.econbiz.de/10008519653