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| endogenous vs exogenous economics: Conceptual Econometrics Using R , 2019-08-20 Conceptual Econometrics Using R, Volume 41 provides state-of-the-art information on important topics in econometrics, including quantitative game theory, multivariate GARCH, stochastic frontiers, fractional responses, specification testing and model selection, exogeneity testing, causal analysis and forecasting, GMM models, asset bubbles and crises, corporate investments, classification, forecasting, nonstandard problems, cointegration, productivity and financial market jumps and co-jumps, among others. - Presents chapters authored by distinguished, honored researchers who have received awards from the Journal of Econometrics or the Econometric Society - Includes descriptions and links to resources and free open source R, allowing readers to not only use the tools on their own data, but also jumpstart their understanding of the state-of-the-art |
| endogenous vs exogenous economics: Handbook of Latent Variable and Related Models , 2011-08-11 This Handbook covers latent variable models, which are a flexible class of models for modeling multivariate data to explore relationships among observed and latent variables. - Covers a wide class of important models - Models and statistical methods described provide tools for analyzing a wide spectrum of complicated data - Includes illustrative examples with real data sets from business, education, medicine, public health and sociology. - Demonstrates the use of a wide variety of statistical, computational, and mathematical techniques. |
| endogenous vs exogenous economics: Handbook of Market Research Christian Homburg, Martin Klarmann, Arnd Vomberg, 2021-12-03 In this handbook, internationally renowned scholars outline the current state-of-the-art of quantitative and qualitative market research. They discuss focal approaches to market research and guide students and practitioners in their real-life applications. Aspects covered include topics on data-related issues, methods, and applications. Data-related topics comprise chapters on experimental design, survey research methods, international market research, panel data fusion, and endogeneity. Method-oriented chapters look at a wide variety of data analysis methods relevant for market research, including chapters on regression, structural equation modeling (SEM), conjoint analysis, and text analysis. Application chapters focus on specific topics relevant for market research such as customer satisfaction, customer retention modeling, return on marketing, and return on price promotions. Each chapter is written by an expert in the field. The presentation of the material seeks to improve the intuitive and technical understanding of the methods covered. |
| endogenous vs exogenous economics: Introductory Econometrics Jeffrey M. Wooldridge, 2009 INTRODUCTORY ECONOMETRICS: A MODERN APPROACH, 4e International Edition illustrates how empirical researchers think about and apply econometric methods in real-world practice. The text's unique approach reflects the fact that undergraduate econometrics has moved beyond just a set of abstract tools to being genuinely useful for answering questions in business, policy evaluation, and forecasting environments. The systematic approach, which reduces clutter by introducing assumptions only as they are needed, makes absorbing the material easier and leads to better econometric practices. Its unique organization separates topics by the kinds of data being analyzed , leading to an appreciation for the important issues that arise in drawing conclusions from the different kinds of data economists use. Packed with relevant applications, INTRODUCTORY ECONOMETRICS offers a wealth of interesting data sets that can be used to reproduce the examples in the text or as the starting point for original research projects. |
| endogenous vs exogenous economics: Extreme Events in Nature and Society Sergio Albeverio, Volker Jentsch, Holger Kantz, 2006-02-18 Significant, and usually unwelcome, surprises, such as floods, financial crisis, epileptic seizures, or material rupture, are the topics of Extreme Events in Nature and Society. The book, authored by foremost experts in these fields, reveals unifying and distinguishing features of extreme events, including problems of understanding and modelling their origin, spatial and temporal extension, and potential impact. The chapters converge towards the difficult problem of anticipation: forecasting the event and proposing measures to moderate or prevent it. Extreme Events in Nature and Society will interest not only specialists, but also the general reader eager to learn how the multifaceted field of extreme events can be viewed as a coherent whole. |
| endogenous vs exogenous economics: Statistical Methods for Overdispersed Count Data Jean-Francois Dupuy, 2018-11-19 Statistical Methods for Overdispersed Count Data provides a review of the most recent methods and models for such data, including a description of R functions and packages that allow their implementation. All methods are illustrated on datasets arising in the field of health economics. As several tools have been developed to tackle over-dispersed and zero-inflated data (such as adjustment methods and zero-inflated models), this book covers the topic in a comprehensive and interesting manner. - Includes reading on several levels, including methodology and applications - Presents the state-of-the-art on the most recent zero-inflated regression models - Contains a single dataset that is used as a common thread for illustrating all methodologies - Includes R code that allows the reader to apply methodologies |
| endogenous vs exogenous economics: Introduction to Computable General Equilibrium Models Mary E. Burfisher, 2016 The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level. |
| endogenous vs exogenous economics: The Oxford Handbook of Leadership and Organizations David Day, 2014-05-20 As the leadership field continues to evolve, there are many reasons to be optimistic about the various theoretical and empirical contributions in better understanding leadership from a scholarly and scientific perspective. The Oxford Handbook of Leadership and Organizations brings together a collection of comprehensive, state-of-the-science reviews and perspectives on the most pressing historical and contemporary leadership issues - with a particular focus on theory and research - and looks to the future of the field. It provides a broad picture of the leadership field as well as detailed reviews and perspectives within the respective areas. Each chapter, authored by leading international authorities in the various leadership sub-disciplines, explores the history and background of leadership in organizations, examines important research issues in leadership from both quantitative and qualitative perspectives, and forges new directions in leadership research, practice, and education. |
| endogenous vs exogenous economics: Encyclopedia of Health Economics , 2014-02-21 The Encyclopedia of Health Economics offers students, researchers and policymakers objective and detailed empirical analysis and clear reviews of current theories and polices. It helps practitioners such as health care managers and planners by providing accessible overviews into the broad field of health economics, including the economics of designing health service finance and delivery and the economics of public and population health. This encyclopedia provides an organized overview of this diverse field, providing one trusted source for up-to-date research and analysis of this highly charged and fast-moving subject area. Features research-driven articles that are objective, better-crafted, and more detailed than is currently available in journals and handbooks Combines insights and scholarship across the breadth of health economics, where theory and empirical work increasingly come from non-economists Provides overviews of key policies, theories and programs in easy-to-understand language |
| endogenous vs exogenous economics: Hysteresis and Business Cycles Ms.Valerie Cerra, A. Fatas, Ms.Sweta Chaman Saxena, 2020-05-29 Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects. |
| endogenous vs exogenous economics: Pragmatic Capitalism Cullen Roche, 2014-07-08 An insightful and original look at why understanding macroeconomics is essential for all investors |
| endogenous vs exogenous economics: Complexity, Endogenous Money and Macroeconomic Theory Mark Setterfield, 2006-01-01 That the chapters in the volume cover such a wide range of important, often fundamental, topics is a proper tribute to Basil Moore s influence and contributions over his working life. From the foreword by G.C. Harcourt, Jesus College, Cambridge, UK During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the horizontalist analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore s interests in and contributions to monetary and macroeconomic theory. Complexity, Endogenous Money and Macroeconomic Theory features original essays by internationally acclaimed and expert authors. It comprises a selection of papers on five distinct but interrelated themes: economic concepts, tools and methodology; complexity, uncertainty and path dependence; the macroeconomics of endogenous money; the macroeconomics of exogenous interest rates; and unemployment, inflation and the determination of aggregate income. These papers combine to provide a comprehensive methodological and theoretical discussion of the macroeconomics of a monetary production economy. The book will be of interest to professionals and research students in the fields of macroeconomics and monetary economics especially those with an interest in the Post Keynesian approach to analyzing these fields, including the wide audience that has been reached by the contributions of Basil Moore himself. |
| endogenous vs exogenous economics: Operations Management for Social Good Adriana Leiras, Carlos Alberto González-Calderón, Irineu de Brito Junior, Sebastián Villa, Hugo Tsugunobu Yoshida Yoshizaki, 2019-10-14 This volume showcases the presentations and discussions delivered at the 2018 POMS International Conference in Rio. Through a collection of selected papers, it is possible to review the impact and application of operations management for social good, with contributions across a wide range of topics, including: humanitarian operations and crisis management, healthcare operations management, sustainable operations, artificial intelligence and data analytics in operations, product innovation and technology in operations management, marketing and operations management, service operations and servitization, logistics and supply chain management, resilience and risk in operations, defense, and tourism among other emerging Operations Management issues. The Production and Operations Management Society (POMS) is one of the most important and influential societies in the subject of Production Engineering and, as an international professional and academic organization, represents the interests of professionals and academics in production management and operations around the world. |
| endogenous vs exogenous economics: Endogenous Growth Theory Philippe Aghion, Peter Howitt, Maxine Brant-Collett, Cecilia García-Peñalosa, 1998 Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White. Includes bibliographical references (p. [665]-687) and index. |
| endogenous vs exogenous economics: Social Enterprise in Central and Eastern Europe Jacques Defourny, Marthe Nyssens, 2021-02-26 In the last two decades, the quest for a widely accepted definition of social enterprise has been a central issue in a great number of publications. The main objective of the ICSEM Project (on which this book is based) was to show that the social enterprise field would benefit much more from linking conceptualisation efforts to the huge diversity of social enterprises than from an additional and ambitious attempt at providing an encompassing definition. Starting from a hypothesis that could be termed the impossibility of a unified definition, the ICSEM research strategy relied on bottom-up approaches to capture the social enterprise phenomenon in its local and national contexts. This strategy made it possible to take into account and give legitimacy to locally embedded approaches, while simultaneously allowing for the identification of major social enterprise models to delineate the field on common grounds at the international level. Social Enterprise in Central and Eastern Europe – the last volume in a series of four ICSEM-based books on social enterprise worldwide — will serve as a key reference and resource for teachers, researchers, students, experts, policy makers, journalists and others who want to acquire a broad understanding of the social enterprise and social entrepreneurship phenomena as they emerge and develop in this region. |
| endogenous vs exogenous economics: Introductory Econometrics Humberto Barreto, Frank Howland, 2006 This highly accessible and innovative text with supporting web site uses Excel (R) to teach the core concepts of econometrics without advanced mathematics. It enables students to use Monte Carlo simulations in order to understand the data generating process and sampling distribution. Intelligent repetition of concrete examples effectively conveys the properties of the ordinary least squares (OLS) estimator and the nature of heteroskedasticity and autocorrelation. Coverage includes omitted variables, binary response models, basic time series, and simultaneous equations. The authors teach students how to construct their own real-world data sets drawn from the internet, which they can analyze with Excel (R) or with other econometric software. The accompanying web site with text support can be found at www.wabash.edu/econometrics. |
| endogenous vs exogenous economics: Nonrecursive Models Pamela Paxton, John R. Hipp, Sandra Marquart-Pyatt, 2011-03-08 Nonrecursive Models is a clear and concise introduction to the estimation and assessment of nonrecursive simultaneous equation models. This unique monograph gives practical advice on the specification and identification of simultaneous equation models, how to assess the quality of the estimates, and how to correctly interpret results. |
| endogenous vs exogenous economics: Household and Economy Marc Nerlove, Assaf Razin, Efraim Sadka, 2014-05-10 Household and Economy: Welfare Economics of Endogenous Fertility deals with welfare economics and the socially optimal population size, as well as the social consequences of individual choice with respect to family size within each generation. The general equilibrium implications of endogenous fertility for a number of issues of population policy are discussed. In addition to their own consumption, the number of children and the utility of each child is assumed to enter the utility function of the parents. Comprised of 10 chapters, this volume begins with a review of social welfare criteria for optimal population size and the static theory of optimal population size, optimal population growth with exogenous fertility, and the theory of endogenous fertility. The reader is then introduced to the basic principles of welfare economics and the economics of externalities, followed by a summary of the traditional theory of household behavior. Subsequent chapters focus on optimal population size according to various social welfare criteria; real and potential externalities generated by the endogeneity of fertility; and the principal alternative reason for having children: to transfer resources from the present to support the future consumption of parents in old age. The book concludes by assessing the implications of endogenous fertility for within-generation income distribution policies and reflecting on the directions in which future research may be fruitful. This monograph will be of value to economists, social scientists, students of welfare economics, and those who wish to understand the contribution of economic analysis to an improved understanding of population policy. |
| endogenous vs exogenous economics: Economic Models of Tropical Deforestation: A Review David Kaimowitz, Arild Angelsen, 1998-01-01 Types of economic deforestation models. Household and firm-level models. Regional-level models. National and macro-level models. Priority areas for future research. |
| endogenous vs exogenous economics: Longitudinal and Panel Data Edward W. Frees, 2004-08-16 An introduction to foundations and applications for quantitatively oriented graduate social-science students and individual researchers. |
| endogenous vs exogenous economics: Microeconometrics in Business Management Jerzy Witold Wisniewski, 2015-10-26 This book introduces the application of microeconometric methods for modelling various aspects of economic activity for small to large size enterprises, using methods that are based on both time-series and cross-section approaches. The information obtained from using these estimated models can then be used to inform business decisions that improve the efficiency of operations and planning. Basic models used in the modelling of the business (single-equation and multiple-equation systems) are introduced whilst a wide range of economic activity including major aspects of financial management, demand for labour, administrative staff and labour productivity are also explored. Microeconometrics in Business Management: Introduces econometric methods which can be used in the modelling of economic activity and forecasting, to help improve the efficiency of business operations and planning. Describes econometric entities through multiple-equation and single-equation microeconometric models. Explores the process of building and adapting basic microeconometric tools. Presents numerous micromodels based on time-series data and statistical cross-sectional sequences, which can be used in any enterprise. Features numerous real –world applications along with examples drawn from the authors own experience. Is supported by a companion website featuring practice problems and statistical data to aid students to construct and estimate micro models. Features end of chapter exercises with examples present in free software GRETL. This book serves as a valuable resource for students, business management practitioners and researchers in econometric micro-model construction and various decision-making processes. |
| endogenous vs exogenous economics: The Green Paradox Hans-Werner Sinn, 2012-02-03 A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster. |
| endogenous vs exogenous economics: Economic Growth, second edition Robert J. Barro, Xavier I. Sala-I-Martin, 2003-10-10 The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000. |
| endogenous vs exogenous economics: Using R for Principles of Econometrics Constantin Colonescu, 2017-12-28 This is a beginner's guide to applied econometrics using the free statistics software R. It provides and explains R solutions to most of the examples in 'Principles of Econometrics' by Hill, Griffiths, and Lim, fourth edition. 'Using R for Principles of Econometrics' requires no previous knowledge in econometrics or R programming, but elementary notions of statistics are helpful. |
| endogenous vs exogenous economics: Testing Exogeneity Neil R. Ericsson, John S. Irons, 1994 This book discusses the nature of exogeneity, a central concept in standard econometrics texts, and shows how to test for it through numerous substantive empirical examples from around the world, including the UK, Argentina, Denmark, Finland, and Norway. Part I defines terms and provides the necessary background; Part II contains applications to models of expenditure, money demand, inflation, wages and prices, and exchange rates; and Part III extends various tests of constancy and forecast accuracy, which are central to testing super exogeneity. About the Series Advanced Texts in Econometrics is a distinguished and rapidly expanding series in which leading econometricians assess recent developments in such areas as stochastic probability, panel and time series data analysis, modeling, and cointegration. In both hardback and affordable paperback, each volume explains the nature and applicability of a topic in greater depth than possible in introductory textbooks or single journal articles. Each definitive work is formatted to be as accessible and convenient for those who are not familiar with the detailed primary literature. |
| endogenous vs exogenous economics: International Dimensions of Monetary Policy Jordi Galí, Mark Gertler, 2010-03-15 United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies. |
| endogenous vs exogenous economics: Introduction to Statistical Machine Learning Masashi Sugiyama, 2015-10-31 Machine learning allows computers to learn and discern patterns without actually being programmed. When Statistical techniques and machine learning are combined together they are a powerful tool for analysing various kinds of data in many computer science/engineering areas including, image processing, speech processing, natural language processing, robot control, as well as in fundamental sciences such as biology, medicine, astronomy, physics, and materials. Introduction to Statistical Machine Learning provides a general introduction to machine learning that covers a wide range of topics concisely and will help you bridge the gap between theory and practice. Part I discusses the fundamental concepts of statistics and probability that are used in describing machine learning algorithms. Part II and Part III explain the two major approaches of machine learning techniques; generative methods and discriminative methods. While Part III provides an in-depth look at advanced topics that play essential roles in making machine learning algorithms more useful in practice. The accompanying MATLAB/Octave programs provide you with the necessary practical skills needed to accomplish a wide range of data analysis tasks. - Provides the necessary background material to understand machine learning such as statistics, probability, linear algebra, and calculus - Complete coverage of the generative approach to statistical pattern recognition and the discriminative approach to statistical machine learning - Includes MATLAB/Octave programs so that readers can test the algorithms numerically and acquire both mathematical and practical skills in a wide range of data analysis tasks - Discusses a wide range of applications in machine learning and statistics and provides examples drawn from image processing, speech processing, natural language processing, robot control, as well as biology, medicine, astronomy, physics, and materials |
| endogenous vs exogenous economics: Shaking the Invisible Hand B. Moore, 2006-04-04 This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed. |
| endogenous vs exogenous economics: Systems Analysis and Modeling Donald W. Boyd, 2000-10-19 Systems Analysis and Modeling presents a fresh, new approach to systems analysis and modeling with a systems science flavor that stimulates systems thinking. After introducing systems modeling principles, the ensuing wide selection of examples aptly illustrate that anything which changes over time can be modeled as a system. Each example begins with a knowledge base that displays relevant information obtained from systems analysis. The diversity of examples clearly establishes a new protocol for synthesizing systems models. - Macro-to-micro, top-down approach - Multidisciplinary examples - Incorporation of human knowledge to synthesise a systems model - Clear and concise systems delimitation - Complex systems using simple mathematics - Exact reproduction of historical data plus model generated secondary data - Systems simulation via systems models |
| endogenous vs exogenous economics: Financial Management for Small Businesses Steven D. Hanson, Lindon J. Robison, J. Roy Black, 2017 |
| endogenous vs exogenous economics: Encyclopedia of Social Measurement Kimberly Kempf-Leonard, 2005 The Encyclopedia of Social Measurement captures the data, techniques, theories, designs, applications, histories, and implications of assigning numerical values to social phenomena. Responding to growing demands for transdisciplinary descriptions of quantitative and qualitative techniques, measurement, sampling, and statistical methods, it will increase the proficiency of everyone who gathers and analyzes data. Covering all core social science disciplines, the 300+ articles of the Encyclopedia of Social Measurement not only present a comprehensive summary of observational frameworks and mathematical models, but also offer tools, background information, qualitative methods, and guidelines for structuring the research process. Articles include examples and applications of research strategies and techniques, highlighting multidisciplinary options for observing social phenomena. The alphabetical arrangement of the articles, their glossaries and cross-references, and the volumes' detailed index will encourage exploration across the social sciences. Descriptions of important data sets and case studies will help readers understand resources they can often instantly access. Also available online via ScienceDirect - featuring extensive browsing, searching, and internal cross-referencing between articles in the work, plus dynamic linking to journal articles and abstract databases, making navigation flexible and easy. For more information, pricing options and availability visit www.info.sciencedirect.com. Introduces readers to the advantages and potential of specific techniques and suggests additional sources that readers can then consult to learn more Conveys a range of basic to complex research issues in sufficient detail to explain even the most complicated statistical technique. Readers are provided with references for further information Eleven substantive sections delineate social sciences and the research processes they follow to measure and provide new knowledge on a wide range of topics Authors are prominent scholars and methodologists from all social science fields Within each of the sections important components of quantitative and qualitative research methods are dissected and illustrated with examples from diverse fields of study Actual research experiences provide useful examples |
| endogenous vs exogenous economics: Understanding Risks and Uncertainties in Energy and Climate Policy Haris Doukas, Alexandros Flamos, Jenny Lieu, 2018-12-10 This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors. |
| endogenous vs exogenous economics: New Economics as Mainstream Economics Malcolm Sawyer, 2011-05-27 This volume deals with both a new theoretical framework and the capability of new economics to tackle a number of economic problems. It offers detailed analysis and informed comment on the type of new economics emerging in the aftermath of the financial crisis and the 'great recession'. |
| endogenous vs exogenous economics: Learning from SARS Institute of Medicine, Board on Global Health, Forum on Microbial Threats, 2004-04-26 The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections. |
| endogenous vs exogenous economics: Time Series Models D.R. Cox, D.V. Hinkley, O.E. Barndorff-Nielsen, 2020-11-26 The analysis prediction and interpolation of economic and other time series has a long history and many applications. Major new developments are taking place, driven partly by the need to analyze financial data. The five papers in this book describe those new developments from various viewpoints and are intended to be an introduction accessible to readers from a range of backgrounds. The book arises out of the second Seminaire European de Statistique (SEMSTAT) held in Oxford in December 1994. This brought together young statisticians from across Europe, and a series of introductory lectures were given on topics at the forefront of current research activity. The lectures form the basis for the five papers contained in the book. The papers by Shephard and Johansen deal respectively with time series models for volatility, i.e. variance heterogeneity, and with cointegration. Clements and Hendry analyze the nature of prediction errors. A complementary review paper by Laird gives a biometrical view of the analysis of short time series. Finally Astrup and Nielsen give a mathematical introduction to the study of option pricing. Whilst the book draws its primary motivation from financial series and from multivariate econometric modelling, the applications are potentially much broader. |
| endogenous vs exogenous economics: Dynamic Models and Structural Estimation in Corporate Finance Ilya A. Strebulaev, Toni M. Whited, 2012-10-02 The goals of this monograph are to explain the models and techniques and make it more accessible, introduce the main strands of this literature, and explain how dynamic models can be taken to the data and estimated, providing a guide to 3 methodologies: generalized method of moments, simulated method of moments, and maximum simulated likelihood. |
| endogenous vs exogenous economics: The Microeconomics of Complex Economies Wolfram Elsner, Torsten Heinrich, Henning Schwardt, 2014-04-15 The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories. - Describes the usefulness of complex heterodox economics - Emphasizes divergences and convergences with neoclassical economic theories and perspectives - Fits easily into courses on intermediate microeconomics, industrial organization, and games through self-contained chapters |
| endogenous vs exogenous economics: Information Engineering and Applications Rongbo Zhu, Yan Ma, 2011-11-13 In past twenty years or so, information technology has influenced and changed every aspect of our lives and our cultures. Without various IT-based applications, we would find it difficult to keep information stored securely, to process information and business efficiently, and to communicate information conveniently. In the future world, ITs and information engineering will play a very important role in convergence of computing, communication, business and all other computational sciences and application and it also will influence the future world's various areas, including science, engineering, industry, business, law, politics, culture and medicine. The International Conference on Information Engineering and Applications (IEA) 2011 is intended to foster the dissemination of state-of-the-art research in information and business areas, including their models, services, and novel applications associated with their utilization. International Conference on Information Engineering and Applications (IEA) 2011 is organized by Chongqing Normal University, Chongqing University, Shanghai Jiao Tong University, Nanyang Technological University, University of Michigan and the Chongqing University of Arts and Sciences, and is sponsored by National Natural Science Foundation of China (NSFC). The objective of IEA 2011 is to will provide a forum for engineers and scientists in academia, industry, and government to address the most innovative research and development . Information Engineering and Applications provides a summary of this conference including contributions for key speakers on subjects such as technical challenges, social and economic issues, and ideas, results and current work on all aspects of advanced information and business intelligence. |
| endogenous vs exogenous economics: Money and Credit in Capitalist Economies L. Randall Wray, 1990 This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the origins and nature of money and of the evolution of monetary institutions and theory. Unlike other recent works on 'endogenous money', this book incorporates liquidity preference theory within the analysis by carefully distinguishing money from liquidity and by showing how money, but not liquidity, is created on demand. This naturally leads to a role for liquidity preference in the determination of interest rates. Extensions then link money to financial instability, the expenditure multiplier, credit, saving, investment, development, deficits and growth. This controversial and provocative book will be essential reading for all economists and researchers concerned with monetary and macroeconomics. It will have particular appeal to post Keynesian economists. |
| endogenous vs exogenous economics: Understanding Government Finance Brian Romanchuk, 2016-07-04 A government budget is not like a household budget. This report introduces the financial operations used by a central government with a free-floating currency, and explains how they differ from that of a household or corporation. The focus is on the types of constraints such a government faces. This report introduces a simplified framework for the monetary system, along with the operating procedures that are associated with it. Some of the complications seen in real-world government finance are then added onto this simplified framework. This report also acts as an introduction to some of the concepts used by Modern Monetary Theory, a school of thought within economics. Modern Monetary Theory emphasises the real limits of government action, as opposed to purely theoretical views about fiscal policy. |
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Apr 28, 2023 · Nuriye Melisa Bilgin (Bocconi University): "Endogenous Production Networks and Supply Chain Disruptions" (Paper | Presentation) Piyush Panigrahi (Johns Hopkins University): …
Indigenous Peoples Overview - World Bank Group
Apr 7, 2025 · The world’s approximately 476 million Indigenous Peoples are critical partners in development. They manage or hold tenure rights to approximately a quarter of the world's …
Green Technologies: Decarbonizing Development in East Asia …
The East Asia and Pacific region is helping the world decarbonize and is encouraging the domestic adoption of renewables. But there is an imbalance: while the region’s innovation and …
Michael M. Lokshin - World Bank Group
Michael Lokshin, Page 5 Books or Chapters in a book: Published and in-print 1. (2013) Foster, J., Seth, S., Lokshin, M. and Z. Sajaia “A Unified Approach to Measuring
Localizing Development: Does Participation Work? - World Bank …
It suggests that a distinction between organic participation (endogenous efforts by civic activists to bring about change) and induced participation (large-scale efforts to engineer participation at …
The Upstream Tariff Simulator (UTAS) - World Bank Group
The Upstream Tariff Simulator (UTAS) helps policy makers assess the impact of tariff reforms on production costs and effective protection rates across a variety of sectors.
Nepal Overview: Development news, research, data | World Bank
Apr 3, 2025 · The World Bank In Nepal . Nepal is undergoing a historic transition toward a federal and secular republic. This represents a window of opportunity for the country to further reduce …
Barriers to Entry and Regional Economic Growth in China - World …
Nov 2, 2016 · We build a heterogeneous firm model with endogenous entry to help understand the non-SOE entry patterns in ...
