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Five Sector Equilibrium Income Determination Model [Demand Side Equation] Part One/Multinational Economic Sector 五部门均衡收入决定模型[需求侧方程]第一部分/跨国经济部门
Pub Date : 2013-12-26 DOI: 10.2139/ssrn.2366288
Nader Fatehi
The recursive expansion of International Economics and multiplier effect of economic variables and other factors on the economics of countries leads us to revise some economic topics. One of the most important of these topics is National Income of countries. It is obvious that the 4 sector equilibrium income determination model is not more accurate and responding especially when we are designing Fiscal and Monetary policies or when we are budgeting. That is, I decided to design models containing more than 4 sectors. First, I begin with a 5 sector model, one more sector that is Multinational Economic sector.The Multinational Economic Sector:Definition: First, we must separate multinational economic sector from Import & Export sector. Here, Multinational economics is an external economics sector excluding Import & Export which contains Capital Outflows and Inflows, Country’s share in International Technology and Science, Exchange Rate, Portion for Investments made by foreign companies in national economic and portion for Investments made by national companies abroad, Sociopolitical Risks, Credit rank of country, Forex, International and multinational Sanctions, Country’s share in joint international investments. We content with these items and do arrange a function for Net Income arising from these items. Then, we add the Net Income Multinational Economics up with 4 sector Model in order to get the equilibrium income and interest rate. The final model would be as follows:Y=C+ I+ G +(X-M)+ (ME) Or Y=C +I +G+ (X-M)+ (ME)NI Or Other Calculated formsRelated Topics and Issues: Would appear on Main Full paper version.
国际经济学的递归展开和经济变量等因素对国家经济的乘数效应,促使我们对一些经济主题进行修正。这些主题中最重要的一个是国家的国民收入。很明显,当我们在设计财政和货币政策或编制预算时,四部门均衡收入决定模型并不是更准确和有效的。也就是说,我决定设计包含4个以上部门的模型。首先,我从5个部门模型开始,还有一个部门是跨国经济部门。跨国经济部门:定义:首先,我们必须将跨国经济部门与进出口部门分开。在这里,跨国经济是一个不包括进出口的外部经济部门,它包括资本流出和流入,国家在国际技术和科学中的份额,汇率,外国公司在国民经济中的投资比例和国家公司在国外的投资比例,社会政治风险,国家信用等级,外汇,国际和多国制裁,国家在联合国际投资中的份额。我们满足于这些项目,并为这些项目产生的净收入安排了一个功能。然后,我们将净收益跨国经济学与四部门模型相结合,得到均衡收益和均衡利率。最终模型如下:Y=C+ I+ G+ (X-M)+ (ME)或Y=C+ I+ G+ (X-M)+ (ME)NI或其他计算形式相关主题和问题:将出现在主要的完整论文版本。
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引用次数: 0
The Trade Balance of Greece in the Euro Era 欧元时代希腊的贸易平衡
Pub Date : 2013-11-21 DOI: 10.2139/ssrn.2358050
Giorgos Magoulios, S. Athianos
The current article examines the trade balance of Greece in the Euro era, in general, and in particular within the Member States of the Euro Zone (EZ). It was found that in the Euro-era, the Greek trade balance has deteriorated in general and particularly within the Member States of the EZ, while losses in competitiveness of the Greek economy have been observed. The structure of production and foreign trade affect the trade deficit and competitiveness of the Greek economy. Moreover, the more rapid rates of inflation in Greece, compared with its trading partners, led to a revaluation of the real exchange rate in the country, affecting its export performance.
本文考察了希腊在欧元时代的贸易平衡,特别是在欧元区成员国之间的贸易平衡。研究发现,在欧元时代,希腊的贸易平衡总体上恶化了,特别是在欧元区成员国内部,而希腊经济的竞争力也有所下降。生产结构和对外贸易影响着希腊经济的贸易逆差和竞争力。此外,希腊的通货膨胀率比其贸易伙伴更快,导致该国实际汇率重估,影响其出口业绩。
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引用次数: 7
The Multifactor Model of the Agent's Power in Social Networks 社会网络中Agent权力的多因素模型
Pub Date : 2013-10-25 DOI: 10.2139/ssrn.2345311
I. Belik, H. Hexmoor
The analysis of social reasoning is at the core of understanding how to manage social networks. Since interpersonal relations are composed of multiple factors with different nature (i.e., structural and social factors), we explore their influence on the strategizing processes in social networks. We formalize interpersonal relations using the methods of structural and social analysis. As a part of the research, we develop the soft-ware application for the numerical visualization of the social network functioning based on the proposed mechanism.
社会推理的分析是理解如何管理社会网络的核心。由于人际关系是由多种不同性质的因素(即结构因素和社会因素)组成的,因此我们探讨了它们对社会网络中策略制定过程的影响。我们用结构分析和社会分析的方法形式化人际关系。作为研究的一部分,我们基于所提出的机制开发了用于社交网络功能数值可视化的软件应用程序。
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引用次数: 1
Islamic Banking Growth: Role of Technology 伊斯兰银行业的发展:技术的作用
Pub Date : 2013-07-31 DOI: 10.2139/ssrn.2304314
Ismail Ahmed
The aim of conducting this study is to establish the role of technology in growth of Islamic banking. The role of technology in enhancing advancement of several industries has dominated several study topics. In the Islamic banking, this topic calls for various explorations from several angles. For the Islamic banking industry, change is the key driving force in the financial world. This changes mainly bases on swift developments in the technology. From this research, several proposals emerge to guide the Islamic banking industry towards maximizing from technological advances. The key proposals focus on critical success elements that are; competitions, retention of Islamic customer base, increasing the employee’s expertise on the emerging technology and enhancing accessibility of advanced technology. These success factors are broad. However, this study recognizes the likelihood of availability of additional elements that are equally significant. This study employs interpretive approach based on several case studies. Technology and Islamic banking is a new relationship that has received limited study. Therefore, research emphasizes on the need for exploratory research that will shed more light on this emerging issue. Also, the area lacks main developed projects. This disqualifies the likelihood of going ahead to conduct a single, but more comprehensive ethnographic research. This means that although every research needs to strike a balance between extensiveness and complexity, the nature of study in this area emphasize that extensiveness using case studies may shed more light.
进行这项研究的目的是确定技术在伊斯兰银行业发展中的作用。技术在促进几个行业进步方面的作用主导了几个研究课题。在伊斯兰银行中,这一课题需要从多个角度进行多方面的探索。对伊斯兰银行业来说,变革是金融世界的关键驱动力。这种变化主要基于技术的迅速发展。从这项研究中,出现了一些建议,以指导伊斯兰银行业从技术进步中最大化。关键建议侧重于以下关键成功要素;竞争,保留伊斯兰客户基础,提高员工对新兴技术的专业知识,提高先进技术的可及性。这些成功因素很广泛。然而,这项研究承认了其他同样重要的因素的可能性。本研究采用基于若干个案研究的解释方法。科技和伊斯兰银行是一种新的关系,研究有限。因此,研究强调需要进行探索性研究,以更多地阐明这一新兴问题。此外,该地区缺乏主要的已开发项目。这使得继续进行单一但更全面的人种学研究的可能性失去了资格。这意味着,尽管每一项研究都需要在广泛性和复杂性之间取得平衡,但该领域研究的本质强调,使用案例研究的广泛性可能会带来更多的启示。
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引用次数: 5
Guided Through the 'Red Tape'? Information Sharing and Foreign Direct Investment 如何通过“繁文缛节”?信息共享与外国直接投资
Pub Date : 2013-01-02 DOI: 10.2139/ssrn.2220181
Ragnhild Balsvik, Line Tøndel
What drives the observed tendency of new FDI, other things equal, to be attracted to locations where many other foreign investors are located? One explanation in the literature on FDI location is that expected bene ts from agglomeration externalities make rms want to locate in agglomerated regions. Alternatively, potential investors get information about conditions in a host from rms in their own business network that already have experience from that country. We study how Norwegian FDI location choice depends on previous Norwegian presence, using information about institutional quality to separate the impact of information sharing from agglomeration externalities. The impact of previous Norwegian investors is larger in countries with low institutional quality. We interpret this as consistent with the presence of information sharing among Norwegian investors.
在其他条件相同的情况下,是什么促使新的外国直接投资被吸引到许多其他外国投资者所在的地区?关于外商直接投资区位的一种解释是,集聚外部性的预期收益使企业想要在集聚地区落户。或者,潜在的投资者可以从他们自己的商业网络中已经在该国有经验的代理商那里获得有关东道国条件的信息。我们研究了挪威的FDI区位选择如何依赖于挪威之前的存在,使用有关制度质量的信息将信息共享的影响从集聚外部性中分离出来。以前挪威投资者的影响在机构质量较低的国家更大。我们认为这与挪威投资者之间信息共享的存在是一致的。
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引用次数: 26
Global Income Inequality and Cost-of-Living Adjustment: The Geary-Allen World Accounts 全球收入不平等和生活成本调整:Geary-Allen世界账户
Pub Date : 2012-10-15 DOI: 10.2139/ssrn.2169891
Ingvild Almås, Erik Ø. Sørensen
Standard ways of measuring real income are known to be inconsistent with consumer preferences. We provide preference-consistent estimates of real income, based on the income-specific price indices that are consistent with nonhomothetic preferences. We find that existing measures, such as Geary, GEKS and GAIA, create systematic biases: the poorer is a country, the more its income is overestimated by these measures. Consequently, international income inequality is underestimated by the same measures.
众所周知,衡量实际收入的标准方法与消费者的偏好不一致。我们根据与非同质偏好一致的收入特定价格指数,提供与实际收入偏好一致的估计。我们发现,现有的衡量标准,如Geary、GEKS和GAIA,产生了系统性的偏见:一个国家越穷,这些衡量标准就越高估了它的收入。因此,用同样的方法衡量,国际收入不平等被低估了。
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引用次数: 23
Mundus Academicus – Arhitectura și Adaptarea La Fluxurile Globalizării (I) (Mundus Academicus: Architecture and Adaptation to Globalization Flows (I))
Pub Date : 2012-09-30 DOI: 10.2139/ssrn.2154464
Constantin I. Hălăngescu
Education and particularly the higher education have the task not only to react to the quasi globalization trends, but rather to play a role in the development of desirable future society, leading to qualitative changes designed to preserve the identity of diverse communities and tolerance based on communication knowledge and understanding the interests of each participant in this process. Without claiming to discuss in a general register this topic (although very broad in its essence), I just tried to achieve a brief scan of the bidirectional impact of globalization - internationalization (whether as understood in the literature – Americanization, Europeanization, homogenization, diversification) it has in higher education. Of course, the approach was focused mainly on the effects of the opportunities of internationalization of global education they have or should have on higher education and research in Romania. This paper reviews the international realities of higher education for three important poles of the global space: U.S.A., Asia-Pacific and Europe until the beginning of the current financial crisis. Imagining a correspondance between the general profile of each region and the name of concepts of ludic space, I associated a certain notion (Monopoly, Dominoes and Puzzle) to each of the mentioned regions, arguing that associations by illustrating the most significant aspects of the transformations that flows globalization have forced regional systems analyzed. Considerations about the U.S. as a magnet for resources, China and the miracle of the structural reform of higher education, performance lessons that Japan offers to the world, the domino effect of novelty almost envied (Bologna process with all the innovation system) and traditional values (Humboldtian construction) in Europe, provides a summary of opinions and research of existing literature overflow. In this first part of the paper, analyzes are focused on the first two regions: USA and Asia-Pacific.
教育,特别是高等教育的任务不仅是对准全球化趋势作出反应,而且还要在理想的未来社会的发展中发挥作用,导致旨在保持不同社区的身份和宽容的质的变化,这种变化基于交流知识和理解这一过程中每个参与者的利益。我并不想对这个话题进行全面的讨论(尽管其本质是非常广泛的),我只是试图对全球化——国际化(无论是在文献中理解的——美国化、欧洲化、同质化、多样化)对高等教育的双向影响进行简要的扫描。当然,这种做法的重点主要是全球教育国际化的机会对罗马尼亚的高等教育和研究的影响。本文回顾了全球空间的三个重要极点:美国、亚太和欧洲的高等教育国际现实,直到当前金融危机开始。想象一下每个地区的总体概况和滑稽空间概念的名称之间的对应关系,我将某个概念(大富翁,多米诺骨牌和拼图)与提到的每个地区联系起来,认为通过说明流动全球化迫使区域系统分析的转变的最重要方面的联系。对美国作为资源磁石的思考,中国与高等教育结构改革的奇迹,日本为世界提供的绩效教训,欧洲新奇几乎令人羡慕的多米诺骨牌效应(博洛尼亚过程与所有创新体系)和传统价值(洪堡式建设),提供了对现有文献溢出的观点和研究的总结。在本文的第一部分中,分析主要集中在前两个地区:美国和亚太地区。
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引用次数: 0
A Note on Upward Pricing Pressure: The Possibility of False Positives 关于价格上涨压力的说明:误报的可能性
Pub Date : 2012-05-08 DOI: 10.2139/ssrn.2071173
L. Mathiesen, Øivind A. Nilsen, Lars Sørgard
Farrell and Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives, that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show that their test applied to a case with asymmetric firms may give false positives.
法雷尔和夏皮罗提出了一个简单的测试,来测试并购后可能出现的价格上涨压力(UPP)。他们表明,该测试可能会给出假阴性结果,即表明合并可能不会产生UPP,而更全面的测试则会给出相反的结果。我们表明,他们的检验适用于不对称企业的情况可能会给出假阳性。
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引用次数: 31
Analyzing Risk of Stock Collapse in a Fishery Under Stochastic Profit Maximization 随机利润最大化条件下渔业种群崩溃风险分析
Pub Date : 2012-04-27 DOI: 10.2139/ssrn.2049784
Diwakar Poudel, L. Sandal, S. Kvamsdal
In commercial fisheries, stock collapse is an intrinsic problem caused by overexploitation or due to pure stochasticity. To analyze the risk of stock collapse, we apply a relatively simple Monte Carlo approach which can capture complex stock dynamics. We use an economic model with downward sloping demand and stock dependent costs. First, we derive an optimal exploitation policy as a feedback control rule and analyze the effects of stochasticity. We observe that the stochastic solution is more conservative compared to the deterministic solution at low level of stochasticity. For moderate level of stochasticity, a more myopic exploitation is optimal at small stock and conservative at large stock level. For relatively high stochasticity, one should be myopic in exploitation. Then, we simulate the system forward in time with the optimal solution. In simulated paths, some stock recovered while others collapsed. From the simulation approach, we estimate the probability of stock collapse and characterize the long term stable region.
在商业渔业中,种群数量锐减是由于过度捕捞或纯粹随机性造成的内在问题。为了分析股票崩盘的风险,我们采用了一个相对简单的蒙特卡罗方法,它可以捕捉复杂的股票动态。我们使用一个需求向下倾斜和库存依赖成本的经济模型。首先,我们推导了一个最优开发策略作为反馈控制规则,并分析了随机性的影响。我们观察到,在低随机水平下,随机解比确定性解更保守。在中等随机性水平下,在小种群水平上采取较短视的开发方式是最优的,在大种群水平上采取保守的开发方式。对于相对较高的随机性,人们应该目光短浅地加以利用。然后,用最优解对系统进行了实时前向仿真。在模拟的路径中,一些股票反弹,而另一些则暴跌。通过模拟方法,我们估计了库存崩溃的概率,并描述了长期稳定区域的特征。
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引用次数: 7
Efficiency, Equality and Reciprocity in Social Preferences: A Comparison of Students and a Representative Population. 社会偏好中的效率、平等与互惠:学生与代表性人群的比较。
Pub Date : 2010-11-09 DOI: 10.2139/ssrn.1708144
A. Cappelen, Knut Nygaard, Erik Ø. Sørensen, Bertil Tungodden
The debate between Engelmann and Strobel (2004, 2006) and Fehr, Naef, and Schmidt (2006) highlights the important question of the extent to which lab experiments on student populations can serve to identify the motivational forces present in society at large. We address this question by comparing the lab behavior of a student group and a non-student group, where the non-student group on all observable factors is almost identical to the representative adult population in Norway. All participants take part in exactly the same lab experiment. Our study shows that students may not be informative of the role of social preferences in the broader population. We nd that the representative participants differ fundamentally from students both in their level of selfishness and in the relative importance assigned to different moral motives. It is also interesting to note that while we do not find any substantial gender differences among the students, males and females in the representative group differ fundamentally in their moral motivation.
Engelmann and Strobel(2004, 2006)和Fehr, Naef and Schmidt(2006)之间的争论突出了一个重要的问题,即在多大程度上,对学生群体的实验室实验可以用来识别整个社会中存在的动机力量。我们通过比较学生组和非学生组的实验室行为来解决这个问题,其中非学生组在所有可观察因素上几乎与挪威代表性成年人口相同。所有参与者都参加了完全相同的实验室实验。我们的研究表明,学生可能无法了解社会偏好在更广泛的人群中所起的作用。我们发现,具有代表性的参与者与学生在自私程度和对不同道德动机的相对重要性方面存在根本差异。同样有趣的是,虽然我们没有发现学生之间存在任何实质性的性别差异,但代表性群体中的男性和女性在道德动机方面存在根本差异。
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引用次数: 22
期刊
Norwegian School of Economics
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