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of 98
pro vyhledávání: '"91B62"'
Goodwin's model is a cornerstone in the study of dynamical systems within macroeconomics, explaining the interaction between employment ratio and wage share in a closed economy. Analogous to predator-prey dynamics in mathematical economics, the Goodw
Externí odkaz:
http://arxiv.org/abs/2411.16383
Publikováno v:
Economic Inquiry, 1-19 (2024)
We propose an Economic Lexicon (EL) specifically designed for textual applications in economics. We construct the dictionary with two important characteristics: 1) to have a wide coverage of terms used in documents discussing economic concepts, and 2
Externí odkaz:
http://arxiv.org/abs/2411.13958
Economic growth results from countries' accumulation of organizational and technological capabilities. The Economic and Product Complexity Indices, introduced as an attempt to measure these capabilities from a country's basket of exported products, h
Externí odkaz:
http://arxiv.org/abs/2406.16199
Autor:
Gottfried, Thomas, Grosskinsky, Stefan
We derive a simple expression for the tail-asymptotics of an explosive birth process at a fixed observation time conditioned on non-explosion. Using the well-established exponential embedding, we apply this result to compute the tail distribution of
Externí odkaz:
http://arxiv.org/abs/2406.15006
Autor:
Hosoya, Yuhki
We consider a class of economic growth models that includes the classical Ramsey--Cass--Koopmans capital accumulation model and verify that, under several assumptions, the value function of the model is the unique viscosity solution to the Hamilton--
Externí odkaz:
http://arxiv.org/abs/2405.16643
Autor:
Beare, Brendan K., Toda, Alexis Akira
A recent economic literature deals with models of random growth in which the size (say, log-wealth) of an individual economic agent is subject to light-tailed random additive shocks over time. The distribution of these shocks depends on a latent Mark
Externí odkaz:
http://arxiv.org/abs/2405.13556
Autor:
Di Crescenzo, Antonio, Paraggio, Paola
We consider a two-dimensional time-inhomogeneous birth-death process to model the time-evolution of fake news in a population. The two components of the process represent, respectively, (i) the number of individuals (say spreaders) who know the rumor
Externí odkaz:
http://arxiv.org/abs/2405.06123
Autor:
Gottfried, Thomas, Grosskinsky, Stefan
It is a widely observed phenomenon that wealth is distributed significantly more unequal than wages. In this paper we study this phenomenon using a new extension of P\'olyas urn, modelling wealth growth through wages and capital returns. We focus in
Externí odkaz:
http://arxiv.org/abs/2401.17688
Autor:
Vallarino, Diego
Using as a central instrument a new database, resulting from a compilation of historical administrative records, which covers the period 1974-2010, we can have new evidence on how industrial companies used tax benefits, and claim that these are decis
Externí odkaz:
http://arxiv.org/abs/2310.07738
Autor:
Smirnov, Roman G., Wang, Kunpeng
Publikováno v:
SIGMA 20 (2024), 045, 20 pages
Bowley's law, also referred to as the law of the constant wage share, was a noteworthy empirical finding in economics, suggesting that a nation's wage share tended to remain stable over time, as observed through most of the 20th century. The wage sha
Externí odkaz:
http://arxiv.org/abs/2308.02609