94 research outputs found

    Grid-enabled estimation of structural economic models

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    In this paper we present our experiences with the execution of structural economic models over the Grid using ā€cloud computingā€. We describe cases of distributed implementation and execution of occupational choice and ļ¬nancial deepening models of economic growth. We show how the application of Grid technology and resources naturally ļ¬ts the studies of economic systems, by allowing us to capture eļ¬€ects of computationally challenging real-world characteristics such as heterogeneity of wealth, talent and access costs among economic agents

    Grid-enabled estimation of structural economic models

    Get PDF
    In this paper we present our experiences with the execution of structural economic models over the Grid using ā€cloud computingā€. We describe cases of distributed implementation and execution of occupational choice and ļ¬nancial deepening models of economic growth. We show how the application of Grid technology and resources naturally ļ¬ts the studies of economic systems, by allowing us to capture eļ¬€ects of computationally challenging real-world characteristics such as heterogeneity of wealth, talent and access costs among economic agents
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