This paper presents and estimates a small open economy dynamic stochastic general-equilibrium model (DSGE) for the Jordanian economy. The model features nominal and real rigidities, imperfect ...

Dynamic Equilibrium – Large Wear Particles in Oil Lubricated Systems There are many approaches used to model a machine’s wear formation. Based on a balance between production rate and loss rate of ...

Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.

In the context of the project Quantitative Foresight Modeling to Inform the CGIAR Research Portfolio, IFPRI’s International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT) was ...

Dynamic equilibrium condition (DEC) is described as a steady-state condition at which the normal wear rate in a machine causes no net gain or loss of particles. The concept of DEC of particles is ...

This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of ...

In this paper we use a multi-sector overlapping generations, life-cycle general equilibrium model to conduct a simulation analysis with regard to fiscal reconstruction in Japan. An overlapping ...

This paper studies the pricing of money in an infinite-horizon economy with heterogeneous agents, incomplete financial markets and arbitrary borrowing restrictions. Purchases of the consumption good ...