dynamic general equilibrium
Banks as Better Monitors and Firms' Financing Choices in Dynamic General Equilibrium
... a dynamic general equilibrium model that emphasizes banks’ comparative advantage in monitoring …nancial distress in order to explain …rms’ choice between bank loans and market ...
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A Study on Dynamic General Equilibrium under the Classical Growth Framework
... Abstract—The equilibrium analyses under the classical growth framework mainly concern production processes so far and the utility-maximization of consumers is not considered ...presents equilibrium formulas ...
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The Economic Reunification of Korea: A Dynamic General Equilibrium Model
... This paper focuses on the likely consequences of the reunification of the two Koreas. We are interested in several questions. There is little doubt that North Korea will benefit from almost any change in economic policy. ...
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Education and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth
... into general equilibrium modelling, which has led to a good deal of ...of general equilibrium ...a dynamic general equilibrium model with endogenous growth, driven by ...
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Staggered wages and monetary policy : a dynamic general equilibrium approach
... In the first four chapters of the thesis we have exploited the dynamic general equilibrium model with staggered wage setting a la Taylor, built in Chapter 1, to address different issues [r] ...
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A dynamic general equilibrium model for tax policy analysis in Colombia
... a dynamic general equilibrium model for Colombia based on national accounts from ...the dynamic model with simpler static and steady-state formulations to highlight the importance of ...
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R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth
... into general equilibrium modelling, which has led to a good deal of ...of general equilibrium ...a dynamic general equilibrium model with endogenous growth, driven by ...
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A Dynamic General Equilibrium Model Satisfying Golden Rule in Neoclassical Growth Theory
... RCK model relaxes the Solow model’s assumption that the saving rate is ex- ogenous and fixed. RCK model is setup in dynamic general equilibrium (DGE) framework and thus has micro foundation. Saving ...
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Estimating the size of rural labour surplus in China: a dynamic general equilibrium analysis
... a dynamic general equilibrium model of the Chinese economy, we present our estimates of the size of the rural labour surplus from 1997-2005 and forecast its size from ...
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A Dynamic General Equilibrium Analysis of Korean Immigration Policy
... This paper constructs a multi-sector dynamic general equilibrium model for a trading economy. We incorporate three major factors of production: capital, skilled labor & unskilled labor. We solve ...
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Measuring the size of the shadow economy using a dynamic general equilibrium model with trends
... a dynamic deterministic general equilibrium ...of equilibrium restrictions over the growth rates of the model variables (including shadow sector ...
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Measuring the size of the shadow economy using a dynamic general equilibrium model with trends
... two-sector dynamic deterministic general equilibrium model with four different trends: hours worked, investment-specific productivity, formal productivity, and shadow ...
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Labour Market Reform, Rural Migration and Income Inequality in China: A Dynamic General Equilibrium Analysis
... a dynamic CGE model this paper explores the effects of reform of the household registration (hukou) system in China on economic growth and rural – urban income equality over the period 2010 to ...
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Population Ageing, Labour Market Reform and Economic Growth in China: A Dynamic General Equilibrium Analysis
... a dynamic CGE model of China, we analyse the effects of removing labour market distortions that hinder the movement of labour from agricultural to manufacturing and services sectors over the period 2008 to 2020 in ...
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Unemployment and Inheritance Linkage: A Dynamic General Equilibrium Analysis
... long-run equilibrium also it actually takes non-unitary ...this dynamic process brings 𝑋 𝑡+𝑛 within the stated interval after some arbitrary n (finite) ...
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Economic Reform in North Korea: A Dynamic General Equilibrium Model
... where K is the aggregate capital stock, is the depreciation rate, is the percentage of final output the government invests in physical capital, and i .is the percentage of this new [r] ...
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Bank Regulations, Fiscal Policies and Growth
... This paper quantitatively studies the welfare implications of bank capital requirements in a dynamic general equilibrium banking model. In the proposed model, because of government bailouts, banks ...
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Vol 9, No 4 (2018)
... macroeconomic equilibrium and it consider various sectors such as households and individuals with different capital abilities incomes, and roles in society, various fields, and mix social ...are dynamic ...
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The unfortunate uselessness of most ’state of the art’ academic monetary economics
... a dynamic general equilibrium model of a(n) (often competitive) market economy by solving an associated programming problem, that is, an optimisation problem, is evidence of the fatal confusion in ...
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Measuring the Stance of Monetary Policy in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach
... linearizing equilibrium conditions around a stationary deterministic steady state equilibrium which abstracts from long run balanced growth, while trend components are modeled as random walks while ensuring ...
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