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The Cyclical Process Model

A Cyclical Model of Exchange Rate Volatility

A Cyclical Model of Exchange Rate Volatility

... then model the dynamics of the short run component as a stationary autoregressive process around this long run ...the cyclical component of ...

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Metacognition and lifelong e learning: a contextual and cyclical process

Metacognition and lifelong e learning: a contextual and cyclical process

... Besides being individual, social and emotional beings, humans also develop over time. Hertzog & Hultsch argue that metacognition operates differently over an individual’s lifetime. During youth there is a tendency to ...

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A System Dynamics Model of Cyclical Office Oversupply

A System Dynamics Model of Cyclical Office Oversupply

... a process whereby first interest rate spreads, then underwriting standards and finally loan documentation deteriorated as lenders’ competed in 1980s’ Australian markets, which offered too few legitimate ...

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Finance in a Classical and Harrodian Cyclical Growth Model

Finance in a Classical and Harrodian Cyclical Growth Model

... Baumol (1952), Tobin (1956), Miller and Orr (1968), Orr (1970) and Akerlof (1979, 1980) were the ones who initially conceptualized reserve money holdings as flexible inventories. Drawing on this literature, Goodhart ...

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A Parameter Estimation Model of G CSF: Mathematical Model of Cyclical Neutropenia

A Parameter Estimation Model of G CSF: Mathematical Model of Cyclical Neutropenia

... PDE model used in several ...could model this process by associating a partial differ- ential equation for the cell density function with each stage, which describes the population in the compartment ...

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Cyclical Mackey Glass Model for Oil Bull Seasonal

Cyclical Mackey Glass Model for Oil Bull Seasonal

... persistent process, suggesting that the variance of the series is dominated by low frequency (slow cycle) and the spectral density tend to infinity when the frequency tends towards ...

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Cyclical Mackey Glass Model for Oil Bull Seasonal

Cyclical Mackey Glass Model for Oil Bull Seasonal

... From the preceding applications, it can be concluded that the hypothesis of nonlinearity in oil spot price movements cannot be rejected and is not an i.i.d. process. Moreover, it is not clearly determined, ...

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A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features

A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features

... the process of revising its SOLE. In this way, our model resembles a blackboard system, in which individual agents’ behaviour is affected by both their own proprietorial knowledge (in this case, knowledge ...

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"Cyclical Informality and Unemployment"

"Cyclical Informality and Unemployment"

... Depending on the productivity level, the firm decides whether to offer a formal or an informal contract. Firms involved in formal productive matches incur the following costs associated with government regulations: ...

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Cyclical Occupational Choice in a Model with Rational Wage Expectations and Perfect Occupational Mobility

Cyclical Occupational Choice in a Model with Rational Wage Expectations and Perfect Occupational Mobility

... …rst model explaining this phenomenon was proposed by Richard Free- man (1971, 1972, 1975a, 1975b, 1976a, ...His model is based on the assump- tions of myopic wage expectations and occupational ...the ...

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The cyclical component factor model

The cyclical component factor model

... The Danish Economic Council August 28, 2005 Abstract Recently, factor models based on large data sets have received ample attention due to their ability to increase forecast accuracy with respect to a wide range of key ...

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Cyclical Features of Uzawa-Lucas Endogenous Growth Model

Cyclical Features of Uzawa-Lucas Endogenous Growth Model

... different model evaluation results either in the context of the EG model as in the KPR ...EG model is closer to reproduce a particular cyclical feature than the KPR model many times ...

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Cyclical Mackey Glass Model for Oil Bull Seasonal

Cyclical Mackey Glass Model for Oil Bull Seasonal

... MACKEY-GLASS MODEL FOR OIL BULL SEASONALS Sadek Melhem, Michel Terraza, and Mohamed Chikhi * F orecasting crude oil prices remains one of the greatest challenges encountered by economists and ...

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Cyclical wages in a search-and-bargaining model with large firms

Cyclical wages in a search-and-bargaining model with large firms

... a model with flexible wages. The model follows Mortensen and Pissarides (1994) in supposing that workers and firms must incur costs to find one another and that wages are set by bilateral ...the ...

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Cyclical Wages in a Search-and-Bargaining Model with Large Firms

Cyclical Wages in a Search-and-Bargaining Model with Large Firms

... sufficient to discourage hiring by the requisite amount. To track the actual increase in initial employment, z (and the real wage) must fall significantly. 5 Conclusions This paper has shown that, in the context of ...

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Time Preference and Cyclical Endogenous Growth in an AK Growth Model

Time Preference and Cyclical Endogenous Growth in an AK Growth Model

... Let parameter represent the long term growth rate of the various endogenous variables (from the production function, the resource constraint and difference equation (4), it is straight[r] ...

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Optimal Cyclical Behavior of Monetary Policy of Iran: Using a DSGE Model

Optimal Cyclical Behavior of Monetary Policy of Iran: Using a DSGE Model

... DSGE model to determine the behavior of investors facing institutional ...this model, by adopting discretionary policies, the central bank seeks to stabilize inflation and output ...The model was ...

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The Bank Capital Channel and Counter-Cyclical Prudential Regulation in a DGSE Model

The Bank Capital Channel and Counter-Cyclical Prudential Regulation in a DGSE Model

... Thus not only do banks pass on the increase in their financing costs to their crédit conditions for firms but, in addition, the latter hâve to bear an external finance premium which is a[r] ...

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Environmentally Benign Fabricating Process of Magnesium Alloy by Cyclical Plastic Working in Solid State

Environmentally Benign Fabricating Process of Magnesium Alloy by Cyclical Plastic Working in Solid State

... 2.2 Repeated plastic working (RPW) The RPW process, schematically shown in Fig. 2, is operated by using two types of upper punches installed in a 1000 kN screw driven press machine. The upper punch I and II are ...

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Cyclical Output, Cyclical Unemployment, and augmented Okun's Law in MENA zone

Cyclical Output, Cyclical Unemployment, and augmented Okun's Law in MENA zone

... (NARDL) model will be utilized since it is competent and effective to test both the long run and short run asymmetries, irrespective of the integration order of considered variables (Shin, Yu, & Greenwood-Nimmo, ...

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