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Macroeconomics deals with economics at the aggregate level. This could be at a national level or the interaction …? National income accounts do not take into account non-market activities. Some progress has been made in the theory and …
Persistent link: https://www.econbiz.de/10012839360
We propose two novel methods to "bring ABMs to the data". First, we put forward a new Bayesian procedure to estimate the numerical values of ABM parameters that takes into account the time structure of simulated and observed time series. Second, we propose a method to forecast aggregate time...
Persistent link: https://www.econbiz.de/10012860573
This paper introduces two co-movement measures based on the Thick Pen Transform into the macroeconomic literature: the Thick Pen Measure of Association (TPMA) as well as Multi-Thickness Thick Pen Measure of Association (MTTPMA). Both measures are non-parametric, time-varying, and flexible....
Persistent link: https://www.econbiz.de/10014356480
Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts of these innovations on aggregate energy use are highly varied. We develop a general equilibrium model to investigate whether this variation is determined by the structure of the...
Persistent link: https://www.econbiz.de/10012844213
In response to the Covid-19 pandemic, governments around the world have provided a massive fiscal and monetary stimulus. While this policy is welcome in the short run, it does not address the underlying problem in the medium and long run. The reason is that the pandemic has not given rise to a...
Persistent link: https://www.econbiz.de/10012832196
institutions and compare them with the economics funding program of the National Science Foundation. Our results indicate that …
Persistent link: https://www.econbiz.de/10012892043
American Journal of Agricultural Economics. Using more than 120,000 multi-authored articles from the Web of Science economics … subject category, we demonstrate first that the alphabetization rate in economics has declined over the last decade. Second …, we find no statistically significant relationship between alphabetized co-authorship and citations in economics using six …
Persistent link: https://www.econbiz.de/10013216255
Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach allows us to identify typical characteristics of extreme (archetypal) values in a multivariate data set. In contrast to its predecessor, the archetypal analysis, archetypoids...
Persistent link: https://www.econbiz.de/10013217550
economics as a field does not appreciate and work on what economists collectively prefer …
Persistent link: https://www.econbiz.de/10013219066
journal? We show empirically that the answer is yes, using 3167 articles published in five of the top journals in economics …
Persistent link: https://www.econbiz.de/10013315144