8,213 research outputs found
An Algorithm for Solving Arbitrary Linear Rational Expectations Model
We consider solutions to general linear dynamic systems, possibly singular and non square with general stability conditions. Besides constructing a general algorytm for finding solutions we provide necessary and sufficient conditions for existence of a solution.Computational Methods, Schur Decomposition, GUPTRI Decomposition, Sunspots.
On nesting nonhomothetic preferences
We consider nested utility function with nonhomothetic subutility functions. We express demand functions for aggregate goods in terms of marshalian and hicksian demands associated with the standard consumer problem of maximization of aggregate utility function. We also presents a simple method of calibrating such a demand system.demand systems; nonhomothetic preferences
Solving Models with Imperfect and Asymmetric Information
We consider linear dynamic models with rational expectations in case of incomplete and asymmetric information as well as agents heterogeneity. This problem requires solving infinite dimensional matrix equations. We propose asymptotic expansion method to reduce this problem to the finite dimensional problem.Computational Methods, Imperfect Information, Asymmetric Information, Linear Rational Expectations Model, Asymptotic Expansion.
Higher order approximations of stochastic rational expectations models
We describe algorithm to find higher order approximations of stochastic rational expectations models near the deterministic steady state. Using matrix representation of function derivatives instead of tensor representation we obtain simple expressions of matrix equations determining higher order terms.perturbation method; DSGE models
Incremental Consistency Checking in Delta-oriented UML-Models for Automation Systems
Automation systems exist in many variants and may evolve over time in order
to deal with different environment contexts or to fulfill changing customer
requirements. This induces an increased complexity during design-time as well
as tedious maintenance efforts. We already proposed a multi-perspective
modeling approach to improve the development of such systems. It operates on
different levels of abstraction by using well-known UML-models with activity,
composite structure and state chart models. Each perspective was enriched with
delta modeling to manage variability and evolution. As an extension, we now
focus on the development of an efficient consistency checking method at several
levels to ensure valid variants of the automation system. Consistency checking
must be provided for each perspective in isolation, in-between the perspectives
as well as after the application of a delta.Comment: In Proceedings FMSPLE 2016, arXiv:1603.0857
Preparing for Growth: Human Capital Innovations in Charter Public Schools
Examines charter management organizations' strategies for boosting the supply of effective leaders and teachers, including recruiting and retaining talent, growing in-house talent; extending their reach; and importing and fostering management talent
Aspects of Density Fluctuations in Compressible MHD Turbulence
We study scaling relations of compressible isothermal strongly magnetized
turbulence using numerical simulations with resolution 512. We find a good
correspondence of our results with the Fleck (1996) model of compressible
hydrodynamic turbulence. In particular, we find that the density-weighted
velocity, i.e. , proposed in
Kritsuk et al. (2007) obeys the Kolmogorov scaling, i.e. for the high Mach number turbulence. Similarly, we find that the
exponents of the third order structure functions for stay
equal to unity for all Mach numbers studied. The scaling of higher order
correlations obeys the She-L\'{e}v\^{e}que (1994) scalings corresponding to the
two-dimensional dissipative structures, and this result does not change with
the Mach number either. In contrast to velocity which exhibits
different scaling parallel and perpendicular to the local magnetic field, the
scaling of is similar in both directions. In addition, we find
that the peaks of density create a hierarchy in which both physical and column
densities decrease with the scale in accordance to the Fleck (1996)
predictions. This hierarchy can be related ubiquitous small ionized and neutral
structures (SINS) in the interstellar gas. We believe that studies of
statistics of the column density peaks can provide both consistency check for
the turbulence velocity studies and insight into supersonic turbulence, when
the velocity information is not available.Comment: 10 pages, 7 figures, Proceeings for 6th Annual International
Astrophysics Conference, Honolulu, 200
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