Showing 1 - 10 of 1,848
alternative evolutionary explanation of EU regional policy which is able to overcome the theory-immanent contradiction of the …
Persistent link: https://www.econbiz.de/10011479448
Since the influential paper of Stock and Watson (2002), the dynamic factor model (DFM) has been widely used for forecasting macroeconomic key variables such as GDP. However, the DFM has some weaknesses. For nowcasting, the dynamic factor model is modified by using the mixed data sampling...
Persistent link: https://www.econbiz.de/10011566828
Persistent link: https://www.econbiz.de/10000931728
This text was written as part of the project Modelling of Complex Systems for Public Policy. It reviews the classical authors who jointly contributed to establish the elements of what could constitute a "science of complexity". Based on the original writings of these authors, the text discusses...
Persistent link: https://www.econbiz.de/10012057058
approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated … question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … social and institutional innovation in both eco-innovation theory and policy. …
Persistent link: https://www.econbiz.de/10013428160
Persistent link: https://www.econbiz.de/10000769115
Persistent link: https://www.econbiz.de/10003503798
The recent global financial crisis has increased interest in macroeconomic models that incorporate financial linkages. Here, we compare the simulation properties of five mediumsized general equilibrium models used in Eurosystem central banks which incorporate such linkages. The financial...
Persistent link: https://www.econbiz.de/10009509093
Persistent link: https://www.econbiz.de/10003528480
Persistent link: https://www.econbiz.de/10003528802