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revealed, “normalization” of production functions and production-technology systems holds out the promise of resolving many of … normalization (defined by the fixing of baseline values for relevant variables). First, we recall how the normalized CES function … came into existence and what normalization implies for its formal properties. Then we deal with the key role of …
Persistent link: https://www.econbiz.de/10011605340
Based on long US time series we document a range of empirical properties of the labor’s share of GDP, including its substantial medium-run swings. We explore the extent to which these empirical regularities can be explained by a calibrated micro-founded long-run economic growth model with...
Persistent link: https://www.econbiz.de/10011605810
joint effects, marginal effects or interaction among factors. We use a novel normalization with a range between –1 and 1 …
Persistent link: https://www.econbiz.de/10014590623
. Our approach allows us to address the important issue of normalization of aggregators in non-Brownian settings. We show … that normalization is always feasible if the certainty equivalent of the aggregator is of expected utility type. Conversely …
Persistent link: https://www.econbiz.de/10010271454
Wastewater analysis is a promising monitoring tool to estimate illicit drug consumption at the community level. The advantage of this technique over traditional surveys and other surveillance methods has been emphasized in recent studies. However, there are methodological challenges that can...
Persistent link: https://www.econbiz.de/10009448593
normalization and differentiation in corporate branding. The mainstream response within the corporate marketing literature to … normalization and differentiation must be managed within each of these contexts, and that the brand positioning may therefore vary … managing the tension between normalization and differentiation because it facilitates the creation of flexible interpretations …
Persistent link: https://www.econbiz.de/10009457369
is to drop some FE and constant regressors by normalizing their impact to zero. We introduce ''untangling normalization …
Persistent link: https://www.econbiz.de/10011451511
Decision making to improve energy sustainability requires scientifically information based on sustainability. Since there are different sustainability targets and specific decision problems in this regard, hence to achieve these targets or solve these problems, relevant sustainability indicators...
Persistent link: https://www.econbiz.de/10012651954
We propose an efficient method of finding an optimal solution for a multi-item continuous review inventory model in which a bivariate Gaussian probability distribution represents a correlation between the demands of different items. By utilizing appropriate normalizations of the demands, we show...
Persistent link: https://www.econbiz.de/10012662725
democracy. I do so by drawing on social sciences literature on the issue of normalization, which captures how far … the boundaries of the ‘sayable’. To understand how normalization occurs within participatory processes, I mobilize the … normalization of far-right contestations. …
Persistent link: https://www.econbiz.de/10013482387