Transitional Dynamics: The Higher Equilibrium Case
Financial development and economic growth : long-run equilibrium and transitional dynamics
... a higher degree of financial development eases and makes human capital investment more productive via a relaxation of agents’ borrowing constraints, on the other hand, by fostering technological progress, it also ...
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The Dynamics of Entrepreneurial Networks in a Transitional Economy: The Case of Russia
... H4b. The better the firm performance the less the increase in weak ties of entrepreneurs. Firm Performance and Resource Dynamics of Networks. Wealthy, powerful and prestigious actors are few and likely to reside ...
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A Simple Dynamic Applied General Equilibrium Model of a Small Open Economy: Transitional Dynamics and Trade Policy
... Next, we study the effects of the size of the shock on the paths of transition. We choose different tariff rates together with selected substitution elasticities. We observe that the extent of tariff liberalization ...
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Understanding of Higher Education in Transitional Society: A Case Study of Rural Odisha, India
... that higher education is a means of getting a lucrative job only and this is their subjugated established understanding towards higher ...for higher education but we prevented her giving the example ...
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TRANSITIONAL DYNAMICS OF OPTIMAL CAPITAL TAXATION
... Both cases are depicted in Figure 1. This paper assumes that the government can commit to a path of tax rates. The case of no commitment is studied by Frankel (1993). The result there is disastrous: Because ...
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Explicit Transitional Dynamics in Growth Models
... An increase in γ leads to a lower b. Thus, consumption will be a lower proportion of capital. Growth rate is higher. This is consistent with the result in the case with additively separable utility ...
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Inventories in general equilibrium dynamics
... On one hand, if we set v = 1 , as in most firm/industry level analyses, inventories have no significant effect. This is because we assume that production is decided after observing all of the aggregate shock. Hence, if ...
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Consumption dynamics in general equilibrium
... [Figure 4 about here.] The posterior distributions of the model’s structural parameters are fairly similar in the linear and nonlinear cases, but there are some important differ- ences. As shown in Table 6, the inverse ...
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Nonlinear dynamics in transitional wall-bounded flows
... Summary of the papers Paper 1 Edge tracking in spatially developing boundary layer flows Classical edge tracking is performed on the Blasius boundary layer considering a fully localised perturbation without any ...
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Transitional Dynamics in a Growth Model with Distributive Politics
... holding ratios continues to hold. This implies greater political consensus over policy choices in the long run. However, the equilibrium tax rate is less than the growth maximizing tax rates when agents value ...
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Public Investment, Government Indebtedness and Transitional Dynamics
... In terms of the tax structure in our model, we assume that the government raises revenues using a progressive income tax schedule which is an empirically plausible assumption; see, for example, Arnold (2008). Our ...
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Dynamical Non-Equilibrium Molecular Dynamics
... the case of Rayleigh–B´enard convection when the direction of the thermal gradient is parallel to the direction of the gravity ...a higher symmetry and rolls rotating both in the counterclockwise and ...
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Collective dynamics out of thermodynamic equilibrium
... As for LM, we have performed a time-series analysis of the leading modes for different δ-values. Here the collec- tive dynamics is everywhere high-dimensional, including the crossover region where δ ≈ 1. We ...
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Stochastic uncoupled dynamics and Nash equilibrium
... the case of ...Nash equilibrium cannot be ensured under the hypotheses of uncoupledness, stationarity, and 1-recall (there is an exception for the case of generic two- player games with at least one ...
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Equilibrium and dynamics of collisionless current sheets
... The case r 1,qn and r 2,qn positive If a s and b s are positive, r 1,qn and r 2,qn are also ...this case P qn has a minimum at the origin and tends to infinity for |A x | , |A y | → ∞ ...
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Non Equilibrium Dynamics of DNA Nanotubes
... the case of microtubules, a detailed understanding of the molecular machinery of α,β-tubulin is difficult to attain because the activity of the monomer and polymer are affected by complex systems of exogenous and ...
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Information percolation with equilibrium search dynamics
... 6.1 Equilibria with Minimal Search We now consider conditions under which there are equilibria with minimal search, cor- responding to the trigger policy with trigger at N = 0. The idea is that such equilibria can arise ...
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Equilibrium Dynamics of one dimensional Plasma
... values, 2.0 cm -1 ( ── ) &( ── ), 5.0 cm -1 ( ── ) & ( ── )and 10.0 cm -1 ,( ── ) & ( ── ) at temperatures, T=300K & 800K respectively. The figure clearly indicates that with increase in temperature, positions of ...
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Equilibrium Dynamics of one dimensional Plasma
... values, 2.0 cm -1 ( ── ) &( ── ), 5.0 cm -1 ( ── ) & ( ── )and 10.0 cm -1 ,( ── ) & ( ── ) at temperatures, T=300K & 800K respectively. The figure clearly indicates that with increase in temperature, positions of ...
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Experiment 8: Entry and Equilibrium Dynamics
... Perfect Competition Dynamics Perfect competition is an extreme case, the business person's ultimate nightmare. There are so many firms that no single firm can unilaterally affect the price. All firms are ...
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