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Governing a Common-Pool Resource in a Directed Network
Richefort, Lionel; Point, Patrick - Fondazione ENI Enrico Mattei (FEEM) - 2010
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10008828401
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Governing a common-pool resource in a directed network
Richefort, Lionel; Point, Patrick - 2010
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10010272372
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Variable neighbourhood structures for cycle location problems
Lamb, John D. - In: European Journal of Operational Research 223 (2012) 1, pp. 15-26
variable neighbourhood structure with these properties that is new for cycle location problems. It find bounds for the … neighbourhood sizes and shows how to iterate over then when the cycle is a circuit. It tests the structure and iteration method … using variable neighbourhood search on a range of median cycle problems and finds a neighbourhood size beyond which there is …
Persistent link: https://www.econbiz.de/10010597687
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The Index of Leading Economic Indicators as a Source of Expectational Shocks
Oh, Seonghwan; Waldman, Michael - In: Eastern Economic Journal 31 (2005) 1, pp. 75-95
A recurrent theme in the literature on business cycle fluctuations is the importance of expectational shocks that …
Persistent link: https://www.econbiz.de/10005418715
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Trend-cycle decomposition for Peruvian GDP: application of an alternative method
Guillén, Ángel; Rodríguez, Gabriel - In: Latin American Economic Review 23 (2014) 1, pp. 1-44
decomposition of the GDP in its trend and cycle components, which overcomes the identification problems of models of unobserved … this analysis, we choose the UC-CN model, which presents a mixture of normals in the disturbances of the trend and cycle …
Persistent link: https://www.econbiz.de/10011151934
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Business Cycles and Compositional Variation in U.S. Unemployment
Abbring, Jaap H.; Berg, Gerard J. van den; Ours, Jan C. van - Tinbergen Instituut - 1997
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration, compositional effects and duration dependence of the exit rate...
Persistent link: https://www.econbiz.de/10011257090
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Solidarity in Choosing a Location on a Cycle
GORDON, Sidartha - Centre Interuniversitaire de Recherche en Économie … - 2006
We study the implications of two solidarity conditions on the efficient location of a public good on a cycle, when …
Persistent link: https://www.econbiz.de/10008617025
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How Are Shocks to Trend and Cycle Correlated? A Simple Methodology for Unidentified Unobserved Components Models
Nagakura, Daisuke - Institute of Economic Research, Hitotsubashi University - 2011
In this paper, we propose a simple methodology for investigating how shocks to trend and cycle are correlated in … changing the identification restriction results in different trend and cycle estimates. …
Persistent link: https://www.econbiz.de/10009020175
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Reproduction and temporary disequilibrium: a Classical approach
BIDARD, Christian; Benetti, Carlo; Klimovsky, Edith; … - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2010
We build a bisector reproduction model with classical features in which the capitalists aim at maximizing accumulation of their profits. At variance with gravitation models, it is assumed that they invest their profits in their own industry. Their plans are based on actual productions and...
Persistent link: https://www.econbiz.de/10008740102
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Puzzles, Paradoxes and Regularities: Cyclical and Structural Productivity in the US (1950-2005)
Jeon, Yongbok; Vernengo, Matías - Department of Economics, University of Utah - 2007
Changes in labor productivity have been a source of puzzlement and paradoxical results for economists. We suggest that puzzles and paradoxes vanish once two simple regularities are properly acknowledged. Okun and Verdoorn’s Laws explain 87 percent of all the variations in labor productivity....
Persistent link: https://www.econbiz.de/10008764232