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-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all … Cambridge equation. More importantly, simulations show that the model conforms to Piketty's empirical findings during a … by our model. …
Persistent link: https://www.econbiz.de/10012154138
This paper estimates a dynamic stochastic general equilibrium (DSGE) model for the European Monetary Union by using … Bayesian techniques. A salient feature of the model is an extension of the typically postulated quadratic cost structure for …
Persistent link: https://www.econbiz.de/10010281666
More than elsewhere, the issues covering educational planning are important in sub-Saharan Africa. Simulation models are the main tool of this type of planning. Most were designed or inspired by the World Bank or UNESCO. Yet, these models are too simplistic. This simplicity is a choice, although...
Persistent link: https://www.econbiz.de/10011127899
Persistent link: https://www.econbiz.de/10010866132
ILO pub-WEP pub. Working paper emanating from a WEP research project, on the implications of technological change over the simulation period in the bachue models for population and employment in developing countries - examines technological change in the input output matrix, etc., and considers...
Persistent link: https://www.econbiz.de/10010965744
simulation and econometric models, considers the role of population data in poverty measurement, and proposes an improved model …
Persistent link: https://www.econbiz.de/10010966122
ILO pub-WEP pub. Working paper-conference paper using an ibge-ilo simulation model to forecast the effects of labour …
Persistent link: https://www.econbiz.de/10010967153
The paper highlights the problem of mathematical modeling of a complex manufacturing system which is a potential synthetic representation of a real production environment. Production lines are parallel. Each production line consists of work stations which are placed serially along the...
Persistent link: https://www.econbiz.de/10010747416
This article describes the evaluation of indicators computed with a numerical simulation model of soil water and solute … total amount of dissolved and adsorbed salts measured and simulated, in this way observation and model calculations are … numerical deterministic model describing water and solute transport SWAP. Total amount of salts were determined on soil samples …
Persistent link: https://www.econbiz.de/10010998028
Various ways of selecting random numbers used in process simulations will be presented in this paper. Special attention will be given to complex phenomena not known enough to be precisely described. Modes of interaction are unknown; what is known are probabilities of interaction outcome. Such...
Persistent link: https://www.econbiz.de/10004999213