Showing 1 - 10 of 13
and objectives of social policy in a holistic paradigm of normalization. This summary contains possible future directions …
Persistent link: https://www.econbiz.de/10010332938
in terms of robustly capturing production and technical parameters, especially when merged with "normalization". Our … understanding the empirical relevance of normalization and the variability underlying past empirical studies. …
Persistent link: https://www.econbiz.de/10011605047
results are also important as: i) we introduce the concept of normalization for DSGE models and, ii) they may help interpret …
Persistent link: https://www.econbiz.de/10011605324
revealed, “normalization” of production functions and production-technology systems holds out the promise of resolving many of … normalization (defined by the fixing of baseline values for relevant variables). First, we recall how the normalized CES function … came into existence and what normalization implies for its formal properties. Then we deal with the key role of …
Persistent link: https://www.econbiz.de/10011605340
Based on long US time series we document a range of empirical properties of the labor’s share of GDP, including its substantial medium-run swings. We explore the extent to which these empirical regularities can be explained by a calibrated micro-founded long-run economic growth model with...
Persistent link: https://www.econbiz.de/10011605810
. Our approach allows us to address the important issue of normalization of aggregators in non-Brownian settings. We show … that normalization is always feasible if the certainty equivalent of the aggregator is of expected utility type. Conversely …
Persistent link: https://www.econbiz.de/10010271454
is to drop some FE and constant regressors by normalizing their impact to zero. We introduce ''untangling normalization …
Persistent link: https://www.econbiz.de/10011451511
Decision making to improve energy sustainability requires scientifically information based on sustainability. Since there are different sustainability targets and specific decision problems in this regard, hence to achieve these targets or solve these problems, relevant sustainability indicators...
Persistent link: https://www.econbiz.de/10012651954
We propose an efficient method of finding an optimal solution for a multi-item continuous review inventory model in which a bivariate Gaussian probability distribution represents a correlation between the demands of different items. By utilizing appropriate normalizations of the demands, we show...
Persistent link: https://www.econbiz.de/10012662725
democracy. I do so by drawing on social sciences literature on the issue of normalization, which captures how far … the boundaries of the ‘sayable’. To understand how normalization occurs within participatory processes, I mobilize the … normalization of far-right contestations. …
Persistent link: https://www.econbiz.de/10013482387