Comparative Statics, tracking an optimal or equilibrium value as an exogenous variable changes, ceteris paribus, is the heart of economic analysis. By building models and analyzing the comparative ...
We analyse the large and diverse literature on technical change in integrated assessment models (IAMs) of climate change, with a view to understanding how different representations of technical change ...
This is a preview. Log in through your library . Abstract Let y be a vector of endogenous variables and let w be a vector of covariates, parameters, and errors or unobservables that together are ...
This is a preview. Log in through your library . Abstract Zellner and Palm (1974) show that comparing the actual with the implied stochastic processes generating the endogenous variables in a system ...
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