Showing 25,191 - 25,200 of 25,433
It is widely acknowledged that the recent generation of DSGE models failed to incorporate many of the liquidity and financial accelerator mechanisms revealed in the global financial crisis that began in 2007. This paper complements the papers presented at the 2009 BIS annual conference focused...
Persistent link: https://www.econbiz.de/10013094782
We solve a dynamic stochastic general equilibrium (DSGE) model in which the representative household has Epstein and Zin recursive preferences. The parameters governing preferences and technology are estimated by means of maximum likelihood using macroeconomic data and asset prices, with a...
Persistent link: https://www.econbiz.de/10013095021
Gas holdup along with the superficial gas velocity was systematically investigated in a lab-scale bubble column. The experiments were conducted in a bubble column with a height of 6 m at superficial gas velocity of 0.01 - 0.13 m/s. Experimental results show that dynamic equilibrium region was...
Persistent link: https://www.econbiz.de/10013303965
Persistent link: https://www.econbiz.de/10012602669
Persistent link: https://www.econbiz.de/10012619464
Persistent link: https://www.econbiz.de/10014632582
Persistent link: https://www.econbiz.de/10001608316
Persistent link: https://www.econbiz.de/10003656037
Dynamical systems -- Deterministic linear systems -- Deterministic nonlinear systems -- Stochastic difference equations -- Markov processes -- Ergodic theory and stationary processes -- Dynamic optimization -- Markov decision process model -- Finite-horizon dynamic programming --...
Persistent link: https://www.econbiz.de/10012005687
Persistent link: https://www.econbiz.de/10003870461