Similar Search Results

Ergodic Chaos and Aggregate Stability: A Deterministic Discrete-Choice Model of Wealth Distribution Dynamics

Kamihigashi, Takashi - Research Institute for Economics and Business … - 2012

This paper studies wealth distribution dynamics in a small open economy with a continuum of consumers indexed by initial wealth. Each of them solves a discrete-choice problem whose optimal policy function exhibits ergodic chaos. We show that for any initial distribu- tion of wealth given by a...

Persistent link: https://www.econbiz.de/10010559467

Unemployment and Mortality: Evidence from the PSID

Halliday, Timothy J. - Department of Economics, University of Hawaii-Manoa - 2012

underscores the need to arrive at a better understanding of the aggregation mechanism linking the micro and macro studies. …

Persistent link: https://www.econbiz.de/10010561732

Risikoaggregation unter Beachtung der Abhängigkeiten zwischen Risiken

Schröder, Regina Wencke - 2005 - 1. Aufl.

Persistent link: https://www.econbiz.de/10004850968

The Aggregation of Climate Change Damages: a Welfare Theoretic Approach

Fankhauser, Samuel; Tol, Richard; Pearce, DAVID - In: Environmental & Resource Economics 10 (1997) 3, pp. 249-266

therefore be applied across individuals and countries. This paper analyses the role of equity in the aggregation of climate … in aggregation if the underlying income distribution is considered unfair. It proposes that in the aggregation process …

Persistent link: https://www.econbiz.de/10005722192

Reconsidering Heterogeneity and Aggregation Issues in Environmental Valuation: A Multi-attribute Approach

Barreiro-Hurlé, Jesús; Gómez-Limón, José - In: Environmental & Resource Economics 40 (2008) 4, pp. 551-570

Persistent link: https://www.econbiz.de/10005722229

The Capital Idea and the Scope of Economics

Lewin, Peter - In: The Review of Austrian Economics 18 (2005) 2, pp. 145-167

This paper traces the idea of Capital from Adam Smith to modern times and shows how different conceptions of Capital give rise to different approaches to economics and the range of problems that can be investigated. A structural, as opposed to a stock, approach to Capital is shown to be more...

Persistent link: https://www.econbiz.de/10005722280

Why the structure of capital and the useful lives of its components matter: A test based on a model of Austrian descent

Bitros, George - In: The Review of Austrian Economics 21 (2008) 4, pp. 301-328

Persistent link: https://www.econbiz.de/10005722332

Invariances and Diversities in the Patterns of Industrial Evolution: Some Evidence from Italian Manufacturing Industries

Bottazzi, G.; Cefis, E.; Dosi, G.; Secchi, A. - In: Small Business Economics 29 (2007) 1, pp. 137-159

This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level and disaggregated sectoral levels. Using an extensive dataset on Italian manufacturing firms, we investigate which properties of firm growth dynamics are robust under...

Persistent link: https://www.econbiz.de/10005722704

Asymmetry and the Problem of Aggregation in the Euro Area.

Mayes, D.G.; Viren, M. - 2000

This paper highlights the implications for EU macroeconomic policy at a relatively disaggregated level when key economic relationships are nonlinear or asymmetric. Using data for the EU and OECD countries we show that there are considerable non-linearities and asymmetries in the Phillips and...

Persistent link: https://www.econbiz.de/10005660781

Combining Objects with Rules to Represent Aggregation Knowledge in Data Warehouse and OLAP Systems

Akoka, Jacky; Comyn-wattiau, Isabelle; Prat, Nicolas - ESSEC Business School - 2009

makers navigate through and analyze multidimensional data. Typically, users need to analyze data at different aggregation … levels (using roll-up and drill-down functions). Therefore, aggregation knowledge should be adequately represented in … multidimensional models poorly represent aggregation knowledge, which (1) has a complex structure and dynamics and (2) is highly …

Persistent link: https://www.econbiz.de/10008484536