| 1. |
A HIERARCHIAL OPTIMIZATION PROCEDURE FOR MAGROECONOMIC POLICY MODELS |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 211-220
Clement G. Krouse,
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摘要:
AbstractAn area of difficulty in the effective application of econometric models to determine optimal macroeconomic policy is the specification of the welfare functional. In such models it is required to synthesize a scalar‐valued criterion which properly relates tho joint effects of various economic factors. This paper develops a systematic procedure for treating (his problem when the several variables of the criterion are set forth in preference by a lexicographic ordering. In capsule, the procedure gives sequential attention to the various factors, with the constraint set at a given optimization stage determined by the characteristics of the solution at all prior stage
ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00193.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 2. |
COMPETITIVE EQUILIBRIA WITH INFINITELY MANY COMMODITIES1 |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 221-244
Bernt P. Stigum,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00194.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 3. |
WHEN THE SNAKE GETS OUT OF THE TUNNEL* |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 245-254
Giorgio Basevi,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00195.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 4. |
EQUALITY OF OPPORTUNITY AND OTHER GOALS OF EDUCATIONAL POLICY* |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 255-278
Fiorella Padoa Schioppa,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00196.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 5. |
A NOTE ON PREDICTING THE SHIFT OF THE FIRM'S U‐LAC |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 279-284
James P. Gander,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00197.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 6. |
A NOTE ON DEFINITIONS OF ELASTICITY OF SUBSTITUTION IN MANY INPUT CASE |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 285-290
Kiyoshi Kuga,
Takeshi Murota,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00198.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 7. |
MAINTENANCE REQUIREMENTS AND PEAK‐LOAD PRICING* |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 291-298
S. C. Littlechild,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00199.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 8. |
ON THE RATIONALITY OF ADAPTIVE EXPECTATIONS |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 299-308
B. T. McCallum,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00200.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 9. |
PRIOR ADJUSTMENT: AN EXTENSION OF THE FRISCH‐WAUGH THEOREM TO THE METHOD OF “TWO‐STAGE LEAST‐SQUARES” |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 309-316
J. C. R. Rowley,
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ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00201.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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| 10. |
PARAMETER ESTIMATION WITH AUTOCORRELATED DISTURBANCES |
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Metroeconomica,
Volume 24,
Issue 3,
1972,
Page 317-330
James T. Bennett,
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摘要:
AbstractAvailable methods for dealing with autocorrelated disturbanecs are unsatisfactory. They are computationally cumbersome and lead to estimators that have only weak asymptotic properties. Maximum likelihood estimation of all parameters is theoretically preferable, but has been unpopular due to the practical difficulties of numerical optimization in a multidimensional space. In this paper it is shown that the computational aspect of maximum likelihood estimation can be greatly simplified. The numerical search is confined to the interval (— 1, 1) of the autocorrelation parameter. The method is applicable to a single static equation as well as to autoregressive models with one or more equations. Some sampling experiments demonstrate the superiority of the maximum likelihood estimator over ordinary least squares, generalized least squares, and one other estimator in small sample
ISSN:0026-1386
DOI:10.1111/j.1467-999X.1972.tb00202.x
出版商:Blackwell Publishing Ltd
年代:1972
数据来源: WILEY
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