Buscar
Mostrando ítems 21-30 de 186
Chilean growth dynamics
(ELSEVIER, 2006-03)
This paper provides a framework for analyzing the growth dynamics of Chile. Using univariate time series representations, we find that the Chilean data is more consistent with exogenous rather than endogenous growth models. ...
Generalization of the Ehrenfest urn model to a complex network
(2015)
The Ehrenfest urn model is extended to a complex directed network, over which a conserved quantity is transported in a random fashion. The evolution of the conserved number of packets in each urn, or node of the network, ...
The Impact of a Carbon Tax on the Chilean Electricity Generation Sector
(2015)
This paper aims to analyse the economy-wide implications of a carbon tax applied on the Chilean electricity generation sector. In order to analyse the macroeconomic impacts, both an energy sectorial model and a Dynamic ...
Optimal portfolio and consumption decisions under exchange rate and interest rate risks. A jump-diffusion approach
(Universidad Nacional Autónoma de México, 2010-04)
This research develops a stochastic model of the consumer´s decision making under an environment of risk and uncertainty. In the proposed model agents perceive that a mixed diffusion-jump process drives the exchange rate, ...
Los modelos DSGE: una respuesta de la discusión macroeconómica.
(Universidad EAFITEscuela de Economía y Finanzas, 2011-10-03)
Models of Dynamic Stochastic General Equilibrium (DSGE) are based on the theory of general equilibrium that influences contemporary macroeconomics. This instrument explains the aggregate economic phenomena derived from ...
The composition effect of the current account in small open economies
(Universidad de San Andrés. Departamento de Economía, 2019?)
A common problem in international finance consists of the indeterminacy of the equilibrium asset portfolio in small open economy models. This paper develops a simple approach to compute this portfolio under the assumption ...
An RBC model of the Brazilian economy with stylized fiscal shocks
(EGV EPGE, 2022)
Un enfoque teórico en tiempo continuo para modelos de equilibrio general dinámicos estocásticos
This document contains three theoretical contributions that lie in the interplay between stochastic general equilibrium models, dynamic macroeconomics, and optimal control in continuous time. In the first chapter, we study ...
Estimation of General Equilibium Model in Dynamic Economies using Markov Chain Monte Carlo MethodsEstimación de Modelos de Equilibrio General en Economías Dinámicas por Métodos de Monte Carlo y Cadenas de Markov
(2012-03-08)
This paper describes a general procedure to do Bayesian inference based on the likelihood evaluation of the stochastic general equilibrium models (MEGE) through Markov Chain Monte Carlo methods (MCMC). The proposed methodology ...