Showing 53,551 - 53,560 of 53,744
The study examines the effects that trade liberalization will have on poverty in Nigeria. Previous studies have been limited by static and partial equilibrium analysis. We use a Dynamic Computable General Equilibrium Model to analyze this issue. The more favorably affected sectors are capital...
Persistent link: https://www.econbiz.de/10014207272
This paper proposes the uses of the global economic crisis smash effect simulation theoretical framework to evaluate …
Persistent link: https://www.econbiz.de/10014207776
In this paper, we present a simple but rigorous model of the dynamics of output and unemployment in transition. We consider a worker-entrepreneur, who is "locked in" to her current production technique, with a choice of continuing to work with it or search for a better technique. If she...
Persistent link: https://www.econbiz.de/10014208248
This paper gives a survey on how to validate simulation models through the application of mathematical statistics. The … output data, and (iii) both input and output data. In case (i), the system analysts can still experiment with the simulation … may be compared through the well-known Student t statistic. In case (iii), trace-driven simulation becomes possible. Then …
Persistent link: https://www.econbiz.de/10014208872
This paper proposes a tripartite framework of design, evaluation, and post-evaluation analysis for generating and interpreting economic forecasts. This framework's value is illustrated by re-examining mean square forecast errors from dynamic models and nonlinearity biases from empirical...
Persistent link: https://www.econbiz.de/10014208889
This paper describes a simulation study of decision-making. It is based on a model of social influence in small, task …
Persistent link: https://www.econbiz.de/10014208965
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10014210334
This paper studies the behavior of the exchange rate in the Kareken-Wallace overlapping generations economy with two currencies in which decision rules are updated using the genetic algorithm. The analysis shows that a stationary monetary equilibrium of the Kareken-Wallace model is not stable...
Persistent link: https://www.econbiz.de/10014085392
Mental simulation is an important tool for managers who want consumers to imagine what life would be like if they … engage in a new behavior. However, academic research found inconsistent effects of mental simulation on behavior. To … understand this inconsistency, we conduct a meta-analysis and quantify the effect of different mental simulation prompts on …
Persistent link: https://www.econbiz.de/10014085406
simulation methods, which measure the effect of the ownership transfer on pricing incentives, can account for a large component …
Persistent link: https://www.econbiz.de/10014085944