The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by ...
High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a high time preference society.
Abstract: This paper presents application of new evolutionary optimization algorithm, named equilibrium optimizer (EO) to solve economic dispatch problem having valve point effect, real power ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Eric's career includes extensive work in both public and corporate accounting with responsibilities such as ...
Standard neoclassical economics asks what agents’ actions, strategies, or expectations are in equilibrium with (consistent with) the outcome or pattern these behaviors aggregatively create.
The ongoing revolution in artificial intelligence, especially deep learning, is transforming research across many fields, including economics. Its impact is particularly strong in solving equilibrium ...
This third subsection sets the new equilibrium concept in the context of the existing literature. This allows me to draw out salient features and delineate its applicability. Meyer-Gohde [2014] ...
Economics is split between analysis of how the overall economy works and how single markets function Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the ...
Household equilibrium is driven by three key conditions: the consumption Euler, intra-temporal labor supply, and market clearing, with interest and wage rates balancing them.
How many nights have you found yourself lying awake, with worries piling up like papers on a desk, wondering how much more you can handle? I know the feeling all too well. There was a time when I ...
Journal of Economic Integration, Vol. 23, No. 3, Special Issue (September 2008), pp. 605-630 (26 pages) This paper discusses the early establishment in Australia of CGE modeling as a major policy tool ...
Imagine four children born into low-income families: a Black child and a white child born in 1978, and a similar pair born in 1992. When the Black Gen X child turned 27 years old in 2005, their ...