Questions tagged [model]

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Parameters of ENV-GROWTH model for SSPs' GDP projection?

I'm searching to reproduce the ENV-GROWTH model used for the Shared Socioeconomic Pathways (SSPs). The ENV-GROWTH model is a IAM used by OECD OECD website. It has been detailed in the Long-term ...
4 votes
1 answer
121 views

How to use Leibniz Rule of integration to find interest rate in Expanding Variety model

I'm studying growth theory from Barro/Sala-i-Martin and I stumbled upon a problem where some more advanced level of calculus is required in chapter 6 (Models with Expanding Variety: p. 294 eq. 6.18). ...
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0 votes
2 answers
62 views

Decoding Endogenous vs Exogenous - Parameter vs Decision Variable - and Independent vs Dependent

this is a topic that i feel is very implicit in a lot of economics, but is some times brushed over in interest of getting strait to the model or the maths. But often i realise i don't actually know ...
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3 votes
2 answers
175 views

How to handle multiple lagrange multipliers in a maximization problem?

Let's assume a standard household maximization problem of the form: \begin{align} \underset{C_t}{max} \sum_{t=0}^{\infty} \beta^t U(C_t) \end{align} subject to a standard Budget constraint: \begin{...
1 vote
0 answers
37 views

Help me understand the shock process in this DSGE model

I'm looking at the model proposed in Hansen2020. The not linearized model features a shock equation looking like this: $A_t = \bar{A}*e^{\epsilon_t}$ , where $\bar{A}$ is the steady state of $A_t$ and ...
0 votes
0 answers
10 views

Industry-specific control variables

I am writing about bank-lending to a specific industry and how that could be affected by the level of carbon intensity of a given industry within the EU. I have some thoughts on this: Trying to think ...
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0 votes
1 answer
37 views

2 intercepts in a probit model about WTO/GATT concessions?

I am currently reading a research paper(Developing Countries and General Agreement on Tariffs and Trade/World Trade Organization Dispute Settlement by Marc L. BUSCH and Eric REINHARDT) and in the part ...
1 vote
1 answer
28 views

How do we know Solow has DRS and Harrod-Domar has CRS from the definitions of the models?

This may be a stupid questions as I am just studying undergrad economics honours but how do we know that the solow model has diminishing returns to its input and harrod-domar has constant returns to ...
0 votes
1 answer
14 views

Model for how the shifting of industries affect job creation

I am working on my Master's thesis (International Relations) and I want to argue, backed with data, that when an industry gets bigger in terms of production, efficiency, in detriment of another ...
1 vote
0 answers
29 views

Help with Macroeconomics Question: IS-LM Model [closed]

I know this is supposed to be a simple question, but I need to check the answers for it and as it was a past exam question I do not have the results for it.If anyone can help out, that would be ...
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0 answers
10 views

How to implement (and estimate) a general sectoral partial equilibrium model with transformation and trade?

I have "inherited" a sectoral model (of forest products) that is in use in my research lab that is pretty rigid and I am trying to find a more general way to reimplement it. My question is: ...
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