Issue5-7
Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Summing up, increasing memory we eliminate in some cases non perfect fore-sight stable period two cycles as in the forward-looking models analyzed in Section 3 see Proposition 3.2, but n[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Section 7 an asymmetric ta ( tonnement process which is in some sense close to a symmetric process is analysed to illustrate the relevance of studying symmetric processes for processes that have no nontrivial ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Hommes" !Department of Economics, University of Houston, Houston, TX, USA "University of Amsterdam, Amsterdam, Netherlands In the summer of 1997, Berc,Rustem asked us whether we would [r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... The remainder of the paper is organized as follows. Section 2 introduces the model. Sections 3 introduces vector "eld analysis and de"nes critical debt. Section 4 shows how to compute the critical debt from ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... There are two innovations, the"rst is not to discretise the state space but e!ectively to allow the states to take any value on the real line by using two di!erent third-order interpolat[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Akdeniz Journal of Economic Dynamics & Control 24 2000 1079}1096 Risk and return in a dynamic general equilibrium modelq Levent Akdeniz Bilkent University, Faculty of Business Admin[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... we choose e " 10~7. We should not accept f K and g ( as acceptable approximations of the true functions f and g just because the termination criterion is satis"ed. The algorithm which constructs f K and g ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Because a1 implies that all local minima of the mean squared error are possible convergence points of the learning algorithm 9, learning may merely result in approximate rational expect[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Since ncx is "nite, we have imperfect capital mobility. Furthermore, the term ncx ! nx represents the imbalance caused by capital and goods trade on the market for foreign exchange. Eq. (7) assumes on this ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... This is done by"nding a transverse homoclinic point or a&snap-back repeller' for the reduced singular i.e., 1-D system and then by perturbing the latter again into the corresponding nons[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... In this paper we show how the global dynamics of an economic model can be analyzed by the study of some global bifurcations that change the shape of the chaotic attractors and the struct[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... The empirical results indicate the presence of heterogeneous price expectations, with a signi"cant number of market participants neglecting information about the existence of a beef cycl[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... 6a shows a time series with such an irregular switching between periods where prices are close to the fundamental steady state, followed by an upward trend, after some unstable phase awa[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Global dynamics This section presents the proof of existence of strange attractors for high values of the intensity of choice, for a linear supply or equivalently a quadratic cost funct[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Section 7, we use numerical simulations to investigate the global dynamics of a higher dimensional version of the model, in which predictors depend on two lags of the price ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... However, it also appears that the controversies are produced by the nature of the tests themselves, rather than by the nature of the hypothesis, since linearity is a very strong null hyp[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... Financial markets have also posed many empirical puzzles for standard representative agent models which have been unsatisfactory in ex-plaining them.2 Computational agent-based models s[r] ...
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Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol24.Issue5-7.Jul2000:
... This larger view nests conventional rational expectations general equilibrium theory in the sense that if the costs of acquiring&full knowledge of the true model expectations'was zero fo[r] ...
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Directory UMM :Data Elmu:jurnal:I:Information and Management:Vol38.Issue5.Apr2001:
... Typical mathematical diffusion theory models spe- cify to some degree the rate at which innovations are adopted. The function describing the cumulative rate of adoption generally is an S-shaped curve. Estimation of these ...
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Directory UMM :Journals:Journal of Health Economics:Vol19.Issue5.Sep2000:
... In our example, the estimates of the slope and average slope are biased towards zero Table 4 Computation of the conditional mean of y, the slope of y, the average slope of y, and their[r] ...
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