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Practical DSGE modelling PowerPoint PPT Presentation
Practical DSGE modelling - Practical DSGE modelling Alina Barnett Martin Ellison Bank of England, December 2005 Objective To make participants sophisticated consumers of dynamic ...
Practical DSGE modelling Alina Barnett Martin Ellison Bank of England, December 2005 Objective To make participants sophisticated consumers of dynamic ...
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Practical DSGE modelling PowerPoint PPT Presentation
Practical DSGE modelling - Practical DSGE modelling. Alina Barnett. Martin Ellison. Bank of England, December 2005 ... To make participants sophisticated consumers' of dynamic stochastic general ...
Practical DSGE modelling. Alina Barnett. Martin Ellison. Bank of England, December 2005 ... To make participants sophisticated consumers' of dynamic stochastic general ...
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Practical DSGE modelling PowerPoint PPT Presentation
Practical DSGE modelling - ... to solve and simulate simple DSGE models using MATLAB. Organisation. Five mornings. Each morning is a mixture of small-group teaching and practical exercises using ...
... to solve and simulate simple DSGE models using MATLAB. Organisation. Five mornings. Each morning is a mixture of small-group teaching and practical exercises using ...
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An Estimated Two-Country DSGE Model for the Euro Area and the US Economy PowerPoint PPT Presentation
An Estimated Two-Country DSGE Model for the Euro Area and the US Economy - An Estimated Two-Country DSGE Model for the Euro Area and the US Economy ... Central Banks have developed large-scale open and multi-country models based on ...
An Estimated Two-Country DSGE Model for the Euro Area and the US Economy ... Central Banks have developed large-scale open and multi-country models based on ...
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An Estimated DSGE Model of the Hungarian Economy Zoltn M' Jakab and Balzs Vilgi Vilnius 1011 May 200 PowerPoint PPT Presentation
An Estimated DSGE Model of the Hungarian Economy Zoltn M' Jakab and Balzs Vilgi Vilnius 1011 May 200 - Usually DSGE models focus on cyclical behaviour of variables ... Future research. Labour/import adjustment costs. Separate export sector. export Phillips curve ...
Usually DSGE models focus on cyclical behaviour of variables ... Future research. Labour/import adjustment costs. Separate export sector. export Phillips curve ...
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Euro Area Persistence in an Estimated Nonlinear DSGE Model PowerPoint PPT Presentation
Euro Area Persistence in an Estimated Nonlinear DSGE Model - Conference on Estimation and Empirical Validation of Structural Models for ... Affine models of the term structure in the Finance literature: impose ...
Conference on Estimation and Empirical Validation of Structural Models for ... Affine models of the term structure in the Finance literature: impose ...
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Solution techniques PowerPoint PPT Presentation
Solution techniques - Title: Practical DSGE modelling Author: economics Last modified by: economics Created Date: 11/30/2004 1:06:14 PM Document presentation format: On-screen Show
Title: Practical DSGE modelling Author: economics Last modified by: economics Created Date: 11/30/2004 1:06:14 PM Document presentation format: On-screen Show
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Advanced dynamic models PowerPoint PPT Presentation
Advanced dynamic models - Title: Practical DSGE modelling Author: economics Last modified by: economics Created Date: 11/30/2004 1:06:14 PM Document presentation format: On-screen Show
Title: Practical DSGE modelling Author: economics Last modified by: economics Created Date: 11/30/2004 1:06:14 PM Document presentation format: On-screen Show
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Discussion%20of%20 PowerPoint PPT Presentation
Discussion%20of%20 - Discussion of 'The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks' ... Think about the role of bonds and different maturities. ...
Discussion of 'The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks' ... Think about the role of bonds and different maturities. ...
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Analysing shock transmission in a data-rich environment: A large BVAR for New Zealand PowerPoint PPT Presentation
Analysing shock transmission in a data-rich environment: A large BVAR for New Zealand - Conventional VARs quickly run out of degree's of freedom, while DSGE theory is ... moving variables which respond contemporaneously to a shock, and slow-moving ...
Conventional VARs quickly run out of degree's of freedom, while DSGE theory is ... moving variables which respond contemporaneously to a shock, and slow-moving ...
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Taking a model to the computer PowerPoint PPT Presentation
Taking a model to the computer - Taking a model to the computer Martin Ellison University of Warwick and CEPR Bank of England, December 2005 Baseline DSGE model Households Two simplifying assumptions ...
Taking a model to the computer Martin Ellison University of Warwick and CEPR Bank of England, December 2005 Baseline DSGE model Households Two simplifying assumptions ...
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Discussion of Marco del Negro and Frank Schorfheide PowerPoint PPT Presentation
Discussion of Marco del Negro and Frank Schorfheide - Title: Discussion of Marco del Negro and Frank Schorfheide Monetary Policy Analysis with Potentially Misspecified Models Author: Ramon Marimon
Title: Discussion of Marco del Negro and Frank Schorfheide Monetary Policy Analysis with Potentially Misspecified Models Author: Ramon Marimon
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Discussion of Marco del Negro and Frank Schorfheide Monetary Policy Analysis with Potentially Misspe PowerPoint PPT Presentation
Discussion of Marco del Negro and Frank Schorfheide Monetary Policy Analysis with Potentially Misspe - 'Monetary Policy Analysis with Potentially Misspecified ... Today the 'efficient lottery' results in continuation... 7. The 2nd ... (from an Arizona Sunset) ...
'Monetary Policy Analysis with Potentially Misspecified ... Today the 'efficient lottery' results in continuation... 7. The 2nd ... (from an Arizona Sunset) ...
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Discussion of Policy Responses to Exchange Rate Movements by Laurence Ball PowerPoint PPT Presentation
Discussion of Policy Responses to Exchange Rate Movements by Laurence Ball - Bank of Canada Conference on 'International Experience with the Conduct of ... Leaning-against-the-wind portfolio interventions by governments in spot forex or ...
Bank of Canada Conference on 'International Experience with the Conduct of ... Leaning-against-the-wind portfolio interventions by governments in spot forex or ...
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Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data? PowerPoint PPT Presentation
Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data? - Two Questions on The Role Of Technology in the Business Cycle ... Corollary: the effects of technology shocks will depend on the monetary regime in place. ...
Two Questions on The Role Of Technology in the Business Cycle ... Corollary: the effects of technology shocks will depend on the monetary regime in place. ...
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Diapositive 1 PowerPoint PPT Presentation
Diapositive 1 - Pr sentation de la fili re Arlon : Gestion de l environnement Fran ois M lard & Pierre M. Stassart Unit de Socio-Economie, Environnement et D veloppement
Pr sentation de la fili re Arlon : Gestion de l environnement Fran ois M lard & Pierre M. Stassart Unit de Socio-Economie, Environnement et D veloppement
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Diapositive 1 PowerPoint PPT Presentation
Diapositive 1 - 2. Equilibrium unemployment. Employment volatility represents 70% of total ... The nominal and real interest rates decline after a positive monetary shock in ...
2. Equilibrium unemployment. Employment volatility represents 70% of total ... The nominal and real interest rates decline after a positive monetary shock in ...
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ESRC Conference on Diversity in Macroeconomics Behavioral Macroeconomics PowerPoint PPT Presentation
ESRC Conference on Diversity in Macroeconomics Behavioral Macroeconomics - ESRC Conference on Diversity in Macroeconomics Behavioral Macroeconomics Paul De Grauwe London School of Economics ...
ESRC Conference on Diversity in Macroeconomics Behavioral Macroeconomics Paul De Grauwe London School of Economics ...
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Modelling labour market at the MNB Zolt PowerPoint PPT Presentation
Modelling labour market at the MNB Zolt - Inflation fcast error analysis at the MNB, what are the main ... Modified UIP 'l Schmitt-Grohe and Uribe. Currently calibrated version, estimation underway ...
Inflation fcast error analysis at the MNB, what are the main ... Modified UIP 'l Schmitt-Grohe and Uribe. Currently calibrated version, estimation underway ...
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Simulation techniques PowerPoint PPT Presentation
Simulation techniques - Simulation techniques. Martin Ellison. University of Warwick and CEPR ... Correlation with output gap at time t -0.25 -0.50 -1 -0.50 -0.25. Interest rate. 0.25 ...
Simulation techniques. Martin Ellison. University of Warwick and CEPR ... Correlation with output gap at time t -0.25 -0.50 -1 -0.50 -0.25. Interest rate. 0.25 ...
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Stochastic Capital Depreciation PowerPoint PPT Presentation
Stochastic Capital Depreciation - Stochastic Capital Depreciation. and the Hours-Productivity Correlation ... variables with and without the four-period sojourn defines the impulse response ...
Stochastic Capital Depreciation. and the Hours-Productivity Correlation ... variables with and without the four-period sojourn defines the impulse response ...
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ShortRun Restrictions: An Identification Device Fabrice Collard, Patrick Fve PowerPoint PPT Presentation
ShortRun Restrictions: An Identification Device Fabrice Collard, Patrick Fve - Technology shocks are usually identified with long-run restrictions ... CEE (2005): 'long standing view that many macroeconomic variables do not respond ...
Technology shocks are usually identified with long-run restrictions ... CEE (2005): 'long standing view that many macroeconomic variables do not respond ...
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Solution techniques PowerPoint PPT Presentation
Solution techniques - Solution techniques. Martin Ellison. University of Warwick and CEPR ... The solution of the rational expectations model is unique if the number of ...
Solution techniques. Martin Ellison. University of Warwick and CEPR ... The solution of the rational expectations model is unique if the number of ...
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Miroslav Gavura PowerPoint PPT Presentation
Miroslav Gavura - Title: Maastricht and Sustainability Author: Lalinsky Last modified by: Emilia Created Date: 7/10/2006 2:59:19 PM Document presentation format: On-screen Show
Title: Maastricht and Sustainability Author: Lalinsky Last modified by: Emilia Created Date: 7/10/2006 2:59:19 PM Document presentation format: On-screen Show
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Discussion of: Ditch the Ex Measure core inflation with a disaggregate ensemble by Francesco Ravazzo PowerPoint PPT Presentation
Discussion of: Ditch the Ex Measure core inflation with a disaggregate ensemble by Francesco Ravazzo - Focus on density forecasts or 'fan' charts. Improved methods of constructing ... Ensemble forecasting a means of integrating out model uncertainty and telling ...
Focus on density forecasts or 'fan' charts. Improved methods of constructing ... Ensemble forecasting a means of integrating out model uncertainty and telling ...
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Money and Credit in Monetary Policy PowerPoint PPT Presentation
Money and Credit in Monetary Policy - Lawrence Christiano, Roberto Motto, and ... Without a solid anchor, inflation expectations can take on a life of their own' ... Fall into a deflation trap ...
Lawrence Christiano, Roberto Motto, and ... Without a solid anchor, inflation expectations can take on a life of their own' ... Fall into a deflation trap ...
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Some Remarks on the Theory of Optimal Monetary Policy PowerPoint PPT Presentation
Some Remarks on the Theory of Optimal Monetary Policy - Early 1990s: introduction of inflation targeting (IT) in several countries (NZ, ... ( sales of men's underwear...) Complement: Formal statistical analysis ...
Early 1990s: introduction of inflation targeting (IT) in several countries (NZ, ... ( sales of men's underwear...) Complement: Formal statistical analysis ...
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The forecasting and modelling process at the PowerPoint PPT Presentation
The forecasting and modelling process at the - BANCA NA IONAL A ROM NIEI Outline: The forecasting process The model Further developments The forecasting process Stages: Near term forecasts of key variables ...
BANCA NA IONAL A ROM NIEI Outline: The forecasting process The model Further developments The forecasting process Stages: Near term forecasts of key variables ...
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Fed Forecasting and the Role of Judgment PowerPoint PPT Presentation
Fed Forecasting and the Role of Judgment - 1: Subjective add-factoring of model equations ... Factor models may be more accurate in near term (GRS) But no method adds much (Tulip, 2005) ...
1: Subjective add-factoring of model equations ... Factor models may be more accurate in near term (GRS) But no method adds much (Tulip, 2005) ...
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Three Current Account Balances: A Semi-structuralist Interpretation PowerPoint PPT Presentation
Three Current Account Balances: A Semi-structuralist Interpretation - real shocks that entail temporary appreciation and CA deficit ... The adjustment to entail some real appreciation, a bit more for Japan ...
real shocks that entail temporary appreciation and CA deficit ... The adjustment to entail some real appreciation, a bit more for Japan ...
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Financial Factors in Business Cycles PowerPoint PPT Presentation
Financial Factors in Business Cycles - ... and entrepreneurs through Fisher debt-deflation channel' ... Nominal rigidity in debt contract gives rise to Fisher's debt-deflation effect. As a result ...
... and entrepreneurs through Fisher debt-deflation channel' ... Nominal rigidity in debt contract gives rise to Fisher's debt-deflation effect. As a result ...
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Challenging%20Hegemony:%20On%20varieties%20of%20Keynesianism PowerPoint PPT Presentation
Challenging%20Hegemony:%20On%20varieties%20of%20Keynesianism - Challenging Hegemony: On varieties of Keynesianism Marc Lavoie
Challenging Hegemony: On varieties of Keynesianism Marc Lavoie
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NEEDS ASSESSMENT ON training in MODELLING PowerPoint PPT Presentation
NEEDS ASSESSMENT ON training in MODELLING - title: needs assessment on capacity building program in economic modelling & forecasting for eac central banks author: dr. usengumukiza f licien
title: needs assessment on capacity building program in economic modelling & forecasting for eac central banks author: dr. usengumukiza f licien
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Shifting the burden of taxation from labour taxes to indirect taxes PowerPoint PPT Presentation
Shifting the burden of taxation from labour taxes to indirect taxes - Labour taxes distort labour demand and labour supply decisions ... Lisbon strategy (reduction tax burden low-wage earners) Verhofstadt's European pentathlon' ...
Labour taxes distort labour demand and labour supply decisions ... Lisbon strategy (reduction tax burden low-wage earners) Verhofstadt's European pentathlon' ...
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The forecasting process at Norges Bank a comment to Michael Andersson PowerPoint PPT Presentation
The forecasting process at Norges Bank a comment to Michael Andersson - Norges Bank. The forecasting process at Norges Bank - a comment to Michael Andersson ... Regional network, capacity utilisation (different indicators), labour market ...
Norges Bank. The forecasting process at Norges Bank - a comment to Michael Andersson ... Regional network, capacity utilisation (different indicators), labour market ...
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Business Cycle Accounting: China vs. India PowerPoint PPT Presentation
Business Cycle Accounting: China vs. India - World Bank Office, Beijing, China (EASPR). The findings, interpretations, ... Lama (2005) used it to identify business cycle sources for Argentina, Brazil and ...
World Bank Office, Beijing, China (EASPR). The findings, interpretations, ... Lama (2005) used it to identify business cycle sources for Argentina, Brazil and ...
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Conference on Macroeconomics of Housing Markets PowerPoint PPT Presentation
Conference on Macroeconomics of Housing Markets - Implications for the time series-based approaches ... more appropriate for the study of business cycles then time domain methodologies ...
Implications for the time series-based approaches ... more appropriate for the study of business cycles then time domain methodologies ...
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Agent Based Models in Economics and Complexity PowerPoint PPT Presentation
Agent Based Models in Economics and Complexity - ... on the classical physics assumptions (reductionism, determinism and mechanicism) ... difference between micro and macro was analysed under a reductionist approach. ...
... on the classical physics assumptions (reductionism, determinism and mechanicism) ... difference between micro and macro was analysed under a reductionist approach. ...
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3. Konjunkturtheorien im PowerPoint PPT Presentation
3. Konjunkturtheorien im - Title: 1. Einf hrung und Problemstellung Author: Van Suntum Last modified by: Ulrich van Suntum Created Date: 9/19/2004 10:08:50 AM Document presentation format
Title: 1. Einf hrung und Problemstellung Author: Van Suntum Last modified by: Ulrich van Suntum Created Date: 9/19/2004 10:08:50 AM Document presentation format
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TFP Growth in Old and New Europe PowerPoint PPT Presentation
TFP Growth in Old and New Europe - Title: Anatomie eines Aufschwungs Author: burda Last modified by: hnb Created Date: 9/2/2001 7:43:10 PM Document presentation format: Projekcija na zaslonu
Title: Anatomie eines Aufschwungs Author: burda Last modified by: hnb Created Date: 9/2/2001 7:43:10 PM Document presentation format: Projekcija na zaslonu
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The future of inflation targeting and the present at the Riksbank PowerPoint PPT Presentation
The future of inflation targeting and the present at the Riksbank - Stabilize both inflation around target and resource utilization ' ... Individualistic committee: Cacophony problem? No: After decision, before minutes: Majority view ...
Stabilize both inflation around target and resource utilization ' ... Individualistic committee: Cacophony problem? No: After decision, before minutes: Majority view ...
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Macroconomic modelling PowerPoint PPT Presentation
Macroconomic modelling - Langkah-langkah Riset Metoda Ilmiah PROSES PENELITIAN (Sekaran, Uma, 2000, Research Methods for Business, 3rd ed., John Willey & Sons, Inc., h.54) ...
Langkah-langkah Riset Metoda Ilmiah PROSES PENELITIAN (Sekaran, Uma, 2000, Research Methods for Business, 3rd ed., John Willey & Sons, Inc., h.54) ...
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Credit Crunch 101 by LSE faculty and students PowerPoint PPT Presentation
Credit Crunch 101 by LSE faculty and students - The federal objective of 'an ownership society' through indirect and off-budget ... Levin, Natalucci & Zakrajsek (2004): Micro data support link between leverage ...
The federal objective of 'an ownership society' through indirect and off-budget ... Levin, Natalucci & Zakrajsek (2004): Micro data support link between leverage ...
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Potential Output: Interpreting the Past and Predicting the Future PowerPoint PPT Presentation
Potential Output: Interpreting the Past and Predicting the Future - Barsky and Sims (2006) find evidence that innovations to 'consumer confidence' ... They use a 2-sector RBC model with C and I technology level & growth shocks ...
Barsky and Sims (2006) find evidence that innovations to 'consumer confidence' ... They use a 2-sector RBC model with C and I technology level & growth shocks ...
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Teaching of Macroeconomics After the PowerPoint PPT Presentation
Teaching of Macroeconomics After the - Teaching of Macroeconomics After the Great Contraction Anca Voicu Rollins College, FL Somnath Sen University of Birmingham, UK Rollins College, FL * *
Teaching of Macroeconomics After the Great Contraction Anca Voicu Rollins College, FL Somnath Sen University of Birmingham, UK Rollins College, FL * *
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FRONTIERS OF REAL-TIME DATA ANALYSIS PowerPoint PPT Presentation
FRONTIERS OF REAL-TIME DATA ANALYSIS - Interim Director, Real-Time Data Research Center, Federal Reserve Bank of ... (2002): large costs to ignoring mismeasurement of natural rate of unemployment ...
Interim Director, Real-Time Data Research Center, Federal Reserve Bank of ... (2002): large costs to ignoring mismeasurement of natural rate of unemployment ...
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OPTIMAL REGULATION OF BANK CAPITAL AND LIQUIDITY PowerPoint PPT Presentation
OPTIMAL REGULATION OF BANK CAPITAL AND LIQUIDITY - Highlight that initial recession is only part of costs given the possible long ... Increasing spread between borrowing and lending rates for individuals changes ...
Highlight that initial recession is only part of costs given the possible long ... Increasing spread between borrowing and lending rates for individuals changes ...
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Financial Crisis, Recessions and the State of Macroeconomic Theory PowerPoint PPT Presentation
Financial Crisis, Recessions and the State of Macroeconomic Theory - Financial Crisis, Recessions and the State of Macroeconomic Theory Melanie Fritz Thomas Sch tzenhofer Silvia Winter Department of Economics Economists: The current ...
Financial Crisis, Recessions and the State of Macroeconomic Theory Melanie Fritz Thomas Sch tzenhofer Silvia Winter Department of Economics Economists: The current ...
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Parallel Programming in Computational Economics: RANGM as a Benchmark for MPI PowerPoint PPT Presentation
Parallel Programming in Computational Economics: RANGM as a Benchmark for MPI - Windows: can use dual Quad-core PC (8 CPU @ 4GHz) Software Environments ... Variables have same value in all nodes (e.g. dual core processor) Distributed Memory: ...
Windows: can use dual Quad-core PC (8 CPU @ 4GHz) Software Environments ... Variables have same value in all nodes (e.g. dual core processor) Distributed Memory: ...
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The Macroeconomic Impact of PowerPoint PPT Presentation
The Macroeconomic Impact of - ... be aided by less reliance on pro-cyclical regulatory requirements (e.g. fair ... Investments not in dollar, euro, pound, or yen (i.e., 'other') are assumed to be ...
... be aided by less reliance on pro-cyclical regulatory requirements (e.g. fair ... Investments not in dollar, euro, pound, or yen (i.e., 'other') are assumed to be ...
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Stability and Fragility: Where do we Go from Here? PowerPoint PPT Presentation
Stability and Fragility: Where do we Go from Here? - Stability and Fragility: Where do we Go from Here? Herbert Gintis Santa Fe Institute Central European University Institute for New Economic Thinking (INET)
Stability and Fragility: Where do we Go from Here? Herbert Gintis Santa Fe Institute Central European University Institute for New Economic Thinking (INET)
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DSGE Models and Optimal Monetary Policy
DSGE Models and Optimal Monetary Policy - Title: The optimal policy problem Author: Andrew Peter Blake Last modified by: Andrew Peter Blake Created Date: 4/19/2004 10:27:57 AM Document presentation format
Title: The optimal policy problem Author: Andrew Peter Blake Last modified by: Andrew Peter Blake Created Date: 4/19/2004 10:27:57 AM Document presentation format
Finance and Banking NAKEcourse Robert Lensink and Elmer Sterken RuG PowerPoint PPT Presentation
Finance and Banking NAKEcourse Robert Lensink and Elmer Sterken RuG - Bank supply loans and loan demand may suffer from net-worth problems (the balance sheet effect) ... R=tD. Reserves. Central bank. Households. Firms. Banks ...
Bank supply loans and loan demand may suffer from net-worth problems (the balance sheet effect) ... R=tD. Reserves. Central bank. Households. Firms. Banks ...
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Pay Gap between CEOs and Workers in Canadian Industry, 2013 PowerPoint PPT Presentation
Pay Gap between CEOs and Workers in Canadian Industry, 2013 - 2013 survey finds the pay gap between the CEOs and workers in the Canadian industry as a whole and also in its different sectors.
2013 survey finds the pay gap between the CEOs and workers in the Canadian industry as a whole and also in its different sectors.
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