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I construct index-based weather insurance contracts with optimal hedging effectiveness for the insured or maximal profits for the insurer. In contrast to earlier work, I refrain from imposing functional form assumptions on the stochastic relationship between weather and yield and from...
Persistent link: https://www.econbiz.de/10009397202
The interplay between supply and demand in the context of growth processes is examined. It is demonstrated that … economic development is also significantly influenced by demand under classic, exchange-based hypotheses. Growth assumes that … do not fully utilize their production potential. Changes in the structure of demand can cause an economy to grow or …
Persistent link: https://www.econbiz.de/10009647381
Any demand equation satisfying Lau’s (1982) Fundamental Theorem of Exact Aggregation and is 0 homogeneous in prices …
Persistent link: https://www.econbiz.de/10009203613
The aim of this paper is to study the mechanisms through which aggregate demand and income distribution affect the rate … implied by the framework employed allows to determine the influence that demand exerts on economic growth, which also depends …
Persistent link: https://www.econbiz.de/10011259165
follows that the “brand” and the school’s current performance are complementary in increasing demand for places in the law …
Persistent link: https://www.econbiz.de/10008611587
In countries where tools of economic control are immature and disabled due to totalitarian systems, macroeconomic analyses for aggregate quantities and relationships, such as total consumption, investment, and government expenditures represents a difficult task. The practice of aggregation...
Persistent link: https://www.econbiz.de/10009147877
The aim of this study was to empirically determine the factors that affect smallholder farmers’ demand for purchased …
Persistent link: https://www.econbiz.de/10009367973
The method of forecasting seasonal demand applying genetic algorithm is presented. Specific form of used demand … genetic algorithms is discussed. In the final section an example of applying proposed method to forecast real demand process …
Persistent link: https://www.econbiz.de/10009325664
services have a significant higher preference or demand for flexible saving services. The migrant households have a positive … significant demand for flexible saving services. But the demand for flexible saving service is inversely related to the households …
Persistent link: https://www.econbiz.de/10008685372
home team wins a game, from the perspective of maximizing demand, lays somewhere between 0.5 and 1.0. Using data from …
Persistent link: https://www.econbiz.de/10008685489