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The problem of expectations in economic models is reviewed through the intellectual development of the author. Initial efforts at macroeconomic modeling such as Foley-Sidrauski (Foley and Sidrauski 1971) treated expectations as conditioning variables for representative agent stock demands and...
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, to fall within the confidence limits of the EU average, for different degrees of probability and in the last section of …
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This paper introduces Information Theoretic - based methods for estimating a target variable in a set of small … level, and then of employing the estimated coefficients to obtain the sub-group level indicators. The Information Theoretic …-sample information from theory and/or empirical evidence can be introduced in the form of known probabilities by means of the cross …
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PCT-applications per capita) and information infrastructure (number of cell phones and computers with Internet access per … and information infrastructure, which grew throughout the 2000s, hold the largest share in the variation of the RKEI. We …
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