Economic Modeling and Inference

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Author :
Publisher : Princeton University Press
ISBN 13 : 9780691120591
Total Pages : 508 pages
Book Rating : 4.1/5 (25 download)

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Book Synopsis Economic Modeling and Inference by : Bent Jesper Christensen

Download or read book Economic Modeling and Inference written by Bent Jesper Christensen and published by Princeton University Press. This book was released on 2009 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Modeling and Inference takes econometrics to a new level by demonstrating how to combine modern economic theory with the latest statistical inference methods to get the most out of economic data. This graduate-level textbook draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics, with an emphasis throughout on what observations can tell us about stochastic dynamic models of rational optimizing behavior and equilibrium. Bent Jesper Christensen and Nicholas Kiefer show how parameters often thought estimable in applications are not identified even in simple dynamic programming models, and they investigate the roles of extensions, including measurement error, imperfect control, and random utility shocks for inference. When all implications of optimization and equilibrium are imposed in the empirical procedures, the resulting estimation problems are often nonstandard, with the estimators exhibiting nonregular asymptotic behavior such as short-ranked covariance, superconsistency, and non-Gaussianity. Christensen and Kiefer explore these properties in detail, covering areas including job search models of the labor market, asset pricing, option pricing, marketing, and retirement planning. Ideal for researchers and practitioners as well as students, Economic Modeling and Inference uses real-world data to illustrate how to derive the best results using a combination of theory and cutting-edge econometric techniques. Covers identification and estimation of dynamic programming models Treats sources of error--measurement error, random utility, and imperfect control Features financial applications including asset pricing, option pricing, and optimal hedging Describes labor applications including job search, equilibrium search, and retirement Illustrates the wide applicability of the approach using micro, macro, and marketing examples

Mathematical Methods and Models in Economic Planning, Management and Budgeting

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Publisher : Springer
ISBN 13 : 9783662525883
Total Pages : 0 pages
Book Rating : 4.5/5 (258 download)

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Book Synopsis Mathematical Methods and Models in Economic Planning, Management and Budgeting by : Galimkair Mutanov

Download or read book Mathematical Methods and Models in Economic Planning, Management and Budgeting written by Galimkair Mutanov and published by Springer. This book was released on 2016-09-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes a system of mathematical models and methods that can be used to analyze real economic and managerial decisions and to improve their effectiveness. Application areas include: management of development and operation budgets, assessment and management of economic systems using an energy entropy approach, equation of exchange rates and forecasting foreign exchange operations, evaluation of innovative projects, monitoring of governmental programs, risk management of investment processes, decisions on the allocation of resources, and identification of competitive industrial clusters. The proposed methods and models were tested on the example of Kazakhstan’s economy, but the generated solutions will be useful for applications at other levels and in other countries. Regarding your book "Mathematical Methods and Models in Economics", I am impressed because now it is time when "econometrics" is becoming more appreciated by economists and by schools that are the hosts or employers of modern economists. ... Your presented results really impressed me. John F. Nash, Jr., Princeton University, Nobel Memorial Prize in Economic Sciences The book is within my scope of interest because of its novelty and practicality. First, there is a need for realistic modeling of complex systems, both natural and artificial that conclude computer and economic systems. There has been an ongoing effort in developing models dealing with complexity and incomplete knowledge. Consequently, it is clear to recognize the contribution of Mutanov to encapsulate economic modeling with emphasis on budgeting and innovation. Secondly, the method proposed by Mutanov has been verified by applying to the case of the Republic of Kazakhstan, with her vibrant emerging economy. Thirdly, Chapter 5 of the book is of particular interest for the computer technology community because it deals with innovation. In summary, the book of Mutanov should become one of the outstanding recognized pragmatic guides for dealing with innovative systems. Andrzej Rucinski, University of New Hampshire This book is unique in its theoretical findings and practical applicability. The book is an illuminating study based on an applied mathematical model which uses methods such as linear programming and input-output analysis. Moreover, this work demonstrates the author’s great insight and academic brilliance in the fields of finance, technological innovations and marketing vis-à-vis the market economy. From both theoretical and practical standpoint, this work is indeed a great achievement. Yeon Cheon Oh, President of Seoul National University

Decision Modelling for Health Economic Evaluation

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Publisher : OUP Oxford
ISBN 13 : 0191004952
Total Pages : 269 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Decision Modelling for Health Economic Evaluation by : Andrew Briggs

Download or read book Decision Modelling for Health Economic Evaluation written by Andrew Briggs and published by OUP Oxford. This book was released on 2006-08-17 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals. Particular emphasis is placed on the importance of the appropriate representation of uncertainty in the evaluative process and the implication this uncertainty has for decision making and the need for future research. This highly practical guide takes the reader through the key principles and approaches of modelling techniques. It begins with the basics of constructing different forms of the model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a valuable tool for informing future research exercises. Case studies and exercises are supported with online templates and solutions. This book will help analysts understand the contribution of decision-analytic modelling to the evaluation of health care programmes. ABOUT THE SERIES: Economic evaluation of health interventions is a growing specialist field, and this series of practical handbooks will tackle, in-depth, topics superficially addressed in more general health economics books. Each volume will include illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. This series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.

DEMOCRACY AND ECONOMIC PLANNING

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Publisher :
ISBN 13 : 9780367003258
Total Pages : 318 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis DEMOCRACY AND ECONOMIC PLANNING by : DEVINE

Download or read book DEMOCRACY AND ECONOMIC PLANNING written by DEVINE and published by . This book was released on 2020-09-30 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Models for Policy Making

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Publisher : Routledge
ISBN 13 : 1136220879
Total Pages : 419 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Economic Models for Policy Making by : Solomon Cohen

Download or read book Economic Models for Policy Making written by Solomon Cohen and published by Routledge. This book was released on 2013-05-02 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, many different kinds of models have been developed that have been of use to policy makers, but until now the different approaches have not been brought together with a view to enhancing the systematic unification and evaluation of these models. This new volume aims to fill this gap by bringing together four decades’ worth of work by S. I. Cohen on economic modelling for policy making. Work on older models has been rewritten and brought fully up to date, and these older models have therefore been brought back to the fore, both to assess how they influenced more recent models and to see how they could be used today. The focus of the book is on models for development policies in developing economies, but there are some chapters that relate to economic policies in transition and developed economies. The policy areas covered are of typical interest in developing and transition economies. They include those relating to trade liberalization reforms, sustainable development, industrial development, agrarian reform, growth and distribution, human resource development and education, public goods and income transfers. Each chapter contains a brief assessment of the empirical literature on the economic effects of the policy measures discussed in the chapter. The book presents a platform of economic modelling that can serve as a refresher for practising professionals, as well as a reference companion for graduates engaging in economic modelling and policy preparations.

Multiregional Economic Modeling

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Author :
Publisher : North Holland
ISBN 13 :
Total Pages : 356 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Multiregional Economic Modeling by : Boris Issaev

Download or read book Multiregional Economic Modeling written by Boris Issaev and published by North Holland. This book was released on 1982 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Market Design and Planning for Electric Power Systems

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Publisher : John Wiley & Sons
ISBN 13 : 0470529156
Total Pages : 311 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Economic Market Design and Planning for Electric Power Systems by : James A. Momoh

Download or read book Economic Market Design and Planning for Electric Power Systems written by James A. Momoh and published by John Wiley & Sons. This book was released on 2009-11-19 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover cutting-edge developments in electric power systems Stemming from cutting-edge research and education activities in the field of electric power systems, this book brings together the knowledge of a panel of experts in economics, the social sciences, and electric power systems. In ten concise and comprehensible chapters, the book provides unprecedented coverage of the operation, control, planning, and design of electric power systems. It also discusses: A framework for interdisciplinary research and education Modeling electricity markets Alternative economic criteria and proactive planning for transmission investment in deregulated power systems Payment cost minimization with demand bids and partial capacity cost compensations for day-ahead electricity auctions Dynamic oligopolistic competition in an electric power network and impacts of infrastructure disruptions Reliability in monopolies and duopolies Building an efficient, reliable, and sustainable power system Risk-based power system planning integrating social and economic direct and indirect costs Models for transmission expansion planning based on reconfiguration capacitor switching Next-generation optimization for electric power systems Most chapters end with a bibliography, closing remarks, conclusions, or future work. Economic Market Design and Planning for Electric Power Systems is an indispensable reference for policy-makers, executives and engineers of electric utilities, university faculty members, and graduate students and researchers in control theory, electric power systems, economics, and the social sciences.

The Millionaire Real Estate Agent

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Publisher : McGraw Hill Professional
ISBN 13 : 0071502084
Total Pages : 370 pages
Book Rating : 4.0/5 (715 download)

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Book Synopsis The Millionaire Real Estate Agent by : Gary Keller

Download or read book The Millionaire Real Estate Agent written by Gary Keller and published by McGraw Hill Professional. This book was released on 2004-04-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take your real estate career to the highest level! "Whether you are just getting started or a veteran in the business, The Millionaire Real Estate Agent is the step-by-step handbook for seeking excellence in your profession and in your life." --Mark Victor Hansen, cocreator, #1 New York Times bestselling series Chicken Soup for the Soul "This book presents a new paradigm for real estate and should be required reading for real estate professionals everywhere." --Robert T. Kiyosaki, New York Times bestselling author of Rich Dad, Poor Dad The Millionaire Real Estate Agent explains: Three concepts that drive production Economic, organizational, and lead generation models that are the foundations of any high-achiever's business How to "Earn a Million," "Net a Million," and "Receive a Million" in annual income

Democratic Economic Planning

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Publisher : Routledge
ISBN 13 : 1000392112
Total Pages : 317 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Democratic Economic Planning by : Robin Hahnel

Download or read book Democratic Economic Planning written by Robin Hahnel and published by Routledge. This book was released on 2021-05-31 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratic Economic Planning presents a concrete proposal for how to organize, carry out, and integrate comprehensive annual economic planning, investment planning, and long-run development planning so as to maximize popular participation, distribute the burdens and benefits of economic activity fairly, achieve environmental sustainability, and use scarce productive resources efficiently. The participatory planning procedures proposed provide workers in self-managed councils and consumers in neighbourhood councils with autonomy over their own activities while ensuring that they use scarce productive resources in socially responsible ways without subjecting them to competitive market forces. Certain mathematical and economic skills are required to fully understand and evaluate the planning procedures discussed and evaluated in technical sections in a number of chapters. These sections are necessary to advance the theory of democratic planning, and should be of primary interest to readers who have those skills. However, the book is written so that the main argument can be followed without fully digesting the more technical sections. Democratic Economic Planning is written for dreamers who are disenamored with the economics of competition and greed want to know how a system of equitable cooperation can be organized; and also for sceptics who demand "hard proof" that an economy without markets and private enterprise is possible.

Modeling Spatial and Economic Impacts of Disasters

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540214496
Total Pages : 344 pages
Book Rating : 4.2/5 (144 download)

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Book Synopsis Modeling Spatial and Economic Impacts of Disasters by : Yasuhide Okuyama

Download or read book Modeling Spatial and Economic Impacts of Disasters written by Yasuhide Okuyama and published by Springer Science & Business Media. This book was released on 2004-05-18 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a collection of innovative papers on strategies for analyzing the spatial and economic impacts of disasters. Natural and human-induced disasters pose several challenges for conventional modeling. For example, disasters entail complex linkages between the natural, built, and socio-economic environments. They often create chaos and economic disequilibrium, and can also cause unexpected long-term, structural changes. Dynamic interactions among agents and behavioral adjustments in a disaster become complicated. The papers in this volume make notable progress in tackling these challenges through refinements of conventional methods, as well as new modeling frameworks and multidisciplinary, integrative strategies. The papers also provide case study applications that afford new insights on disaster processes and loss reduction strategies.

Development Planning

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Publisher :
ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Development Planning by : Michael P. Todaro

Download or read book Development Planning written by Michael P. Todaro and published by . This book was released on 1971 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regional Economic Development

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Publisher : Springer Science & Business Media
ISBN 13 : 3662049112
Total Pages : 378 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Regional Economic Development by : Robert J. Stimson

Download or read book Regional Economic Development written by Robert J. Stimson and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic development has attracted the interest of economists, geographers, planners and regional scientists for a long time. And, of course, it is a field that has developed a large practitioner cohort in government and business agencies from the national down to the state and local levels. In planning for cities and regions, both large and small, economic development issues now tend to be integrated into strategic planning processes. For at least the last 50 years, scholars from various disciplines have theorised about the nature of regional economic development, developing a range of models seeking to explain the process of regional economic development, and why it is that regions vary so much in their economic structure and performance and how these aspects of a region can change dramatically over time. Regional scientists in particular have developed a comprehensive tool-kit of methodologies to measure and monitor regional economic characteristics such as industry sectors, employment, income, value of production, investment, and the like, using both quantitative and qualitative methods of analysis, and focusing on both static and dynamic analysis. The 'father of regional science', Walter lsard, was the first to put together a comprehensive volume on techniques of regional analysis (Isard 1960), and since then a huge literature has emerged, including the many titles in the series published by Springer in which this book is published.

Models for Planning Wildlife Conservation in Large Landscapes

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Publisher : Academic Press
ISBN 13 : 0080920160
Total Pages : 736 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Models for Planning Wildlife Conservation in Large Landscapes by : Joshua Millspaugh

Download or read book Models for Planning Wildlife Conservation in Large Landscapes written by Joshua Millspaugh and published by Academic Press. This book was released on 2011-04-28 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: A single-resource volume of information on the most current and effective techniques of wildlife modeling, Models for Planning Wildlife Conservation in Large Landscapes is appropriate for students and researchers alike. The unique blend of conceptual, methodological, and application chapters discusses research, applications and concepts of modeling and presents new ideas and strategies for wildlife habitat models used in conservation planning. The book makes important contributions to wildlife conservation of animals in several ways: (1) it highlights historical and contemporary advancements in the development of wildlife habitat models and their implementation in conservation planning; (2) it provides practical advice for the ecologist conducting such studies; and (3) it supplies directions for future research including new strategies for successful studies.Intended to provide a recipe for successful development of wildlife habitat models and their implementation in conservation planning, the book could be used in studying wildlife habitat models, conservation planning, and management techniques. Additionally it may be a supplemental text in courses dealing with quantitative assessment of wildlife populations. Additionally, the length of the book would be ideal for graduate student seminar course.Using wildlife habitat models in conservation planning is of considerable interest to wildlife biologists. With ever tightening budgets for wildlife research and planning activities, there is a growing need to use computer methods. Use of simulation models represents the single best alternative. However, it is imperative that these techniques be described in a single source. Moreover, biologists should be made aware of alternative modeling techniques. It is also important that practical guidance be provided to biologists along with a demonstration of utility of these procedures. Currently there is little guidance in the wildlife or natural resource planning literature on how best to incorporate wildlife planning activities, particularly community-based approaches. Now is the perfect time for a synthestic publication that clearly outlines the concepts and available methods, and illustrates them. - Only single resource book of information not only on various wildlife modeling techniques, but also with practical guidance on the demonstrated utility of each based on real-world conditions. - Provides concepts, methods and applications for wildlife ecologists and others within a GIS context. - Written by a team of subject-area experts

National Economic Planning

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Publisher : Cato Institute
ISBN 13 : 193718420X
Total Pages : 308 pages
Book Rating : 4.9/5 (371 download)

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Book Synopsis National Economic Planning by : Don Lavoie

Download or read book National Economic Planning written by Don Lavoie and published by Cato Institute. This book was released on 1985-06-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don Lavoie argues that the radical Left's enthusiasm for planning has been a tragic mistake and that progressive social change requires the abandonment of this traditional view. Lavoie argues that planning—whether Marxism, economic democracy, or industrial policy—can only disrupt social and economic coordination. He challenges both radicals and their critics to begin reformulating our whole notion of progressive economic change without reliance on central planning. National Economic Planning: What is Left? will challenge thinkers and policymakers of every political persuasion.

Urban Resilience

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Publisher : Springer
ISBN 13 : 3319398121
Total Pages : 315 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Urban Resilience by : Yoshiki Yamagata

Download or read book Urban Resilience written by Yoshiki Yamagata and published by Springer. This book was released on 2016-08-10 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is on urban resilience – how to design and operate cities that can withstand major threats such as natural disasters and economic downturns and how to recover from them. It is a collection of latest research results from two separate but collaborating research groups, namely, researchers in urban design and those on general resilience theory. The book systematically deals with the core aspects of urban resilience: systems, management issues and populations. The taxonomy can be broken down into threats, systems, resilience cycles and recovery types in the context of urban resilience. It starts with a discussion of systems resilience models, focusing on the central idea that resilience is a moving average of costs (a set of trajectories in a two-player game paradigm). The second section explores management issues, including planning, operating and emergency response in cities with specific examples such as land-use planning and carbon-neutral scenarios for urban planning. The next section focuses on urban dwellers and specific people-related issues in the context of resilience. Agent-based simulation of behaviour and perception-based resilience, as well as brand crisis management are representative examples of the topics discussed. A further section examines systems like public utilities – including managing power supplies, cyber-security issues and models for pandemics. It concludes with a discussion of the future challenges and risks facing complex systems, for example in resilient power grids, making it essential reading for a wide range of researchers and policymakers.

Network Design And Optimization For Smart Cities

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Publisher : World Scientific
ISBN 13 : 9813200022
Total Pages : 402 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Network Design And Optimization For Smart Cities by : Panos M Pardalos

Download or read book Network Design And Optimization For Smart Cities written by Panos M Pardalos and published by World Scientific. This book was released on 2017-05-03 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference text is a collection of important research findings on the latest developments in network modeling for optimization of smart cities. Such models can be used from outlining the fundamental concepts of urban development to the description and optimization of physical networks, such as power, water or telecommunications. Networks help us understand city economics and various aspects of human interactions within cities with particular applications in quality of life and the flow of people and goods. Finally, the natural environment and even the climate of cities can be modeled and managed as networks.

The Oxford Handbook of Urban Economics and Planning

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Publisher : Oxford University Press
ISBN 13 : 0195380622
Total Pages : 1027 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis The Oxford Handbook of Urban Economics and Planning by : Nancy Brooks

Download or read book The Oxford Handbook of Urban Economics and Planning written by Nancy Brooks and published by Oxford University Press. This book was released on 2012-01-12 with total page 1027 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.