Showing 1 - 10 of 13,683
the inflation rate, the deviation in real GDP (Gross Domestic Product), the deviation in money supply, the deviation in … deviation in real GDP, the deviation in money supply, and the deviation in the money velocity. The corresponding sum of squares …
Persistent link: https://www.econbiz.de/10014316675
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period … a large body of literature our results suggest that unemployment increases suicide mortality, while real economic growth … relatively strict employment protection regulations have a positive influence on suicide mortality. These findings indicate that …
Persistent link: https://www.econbiz.de/10010375378
economic mechanism behind these findings, we build an equilibrium search model of health, crime, and the labor market. We … perform public policy experiments in the model and study their impacts on crime and the labor market. We find that by …Health has a significant impact on labor market outcomes, and thus on criminal decisions. We document that health …
Persistent link: https://www.econbiz.de/10014108510
are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care …Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered …
Persistent link: https://www.econbiz.de/10011381036
The value of risks to life as measured by the risk-money trade-off plays a fundamental role in economic analyses of … health and safety risks and serves as the principal benefit measure for government risk regulation policies. The hedonic … on health status. The VSL varies with age, income, the cause of death (e.g., cancer), and other factors. This chapter …
Persistent link: https://www.econbiz.de/10014025525
These notes review two simple heterogeneous agent models in economics and finance. The first is a cobweb model with … rational versus naive agents introduced in Brock and Hommes (1997). The second is an asset pricing model with fundamentalists …
Persistent link: https://www.econbiz.de/10010325164
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10010325401
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10011343261
In October 1956, the RAND Corporation established the Logistics Systems Laboratory (LSL) with the goal of using simulation to translate the broad findings of normative microeconomics into detailed, implementable procedures for US Air Force operations. The laboratory was housed in the training...
Persistent link: https://www.econbiz.de/10013015484
informational restrictions, an agent-based model is introduced to analyze the evolution of decisions over time. The results of the …
Persistent link: https://www.econbiz.de/10012955387