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Showing 1 to 7 of 7 for “"NK model"”.
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Essays on New Keynesian Term Premium Model with Financial Risks
<p>This dissertation studies the modeling of U.S. Treasury (UST) yield curve term premia under the New Keynesian (NK) framework. Loosely speaking, term premium is the difference between a government bond’s yield for a specific tenor and the average of the expected short rates up to that tenor. The …
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Testing the effect of varying environments on the speed of evolution
… goals on the speed of evolution. Two test models, the NK model and the midunitation model, are used for this study. Three different evolutionary algorithms are used to test the hypothesis. Statistical analyses of the results showed that under NK model, evolution with fixed goal is faster …
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Testing the effect of varying environments on the speed of evolution
… goals on the speed of evolution. Two test models, the NK model and the midunitation model, are used for this study. Three different evolutionary algorithms are used to test the hypothesis. Statistical analyses of the results showed that under NK model, evolution with fixed goal is faster …
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Complexity–based tools to complement project management methodologies: an interpretivist approach to project management implementation
… methodologies. Complexity theories and models that were considered are the Kauffmans NK Model, Boisot I-Space and the cynefin model. Once projects were identified in complex environments, it was seen that there was a need to use additional tools for their implementation. It was also …
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The effect of technological complexity on innovation performance, employee entrepreneurship and mobility: three essays
… and mobility. In essay 1 I examine whether modeling the innovative process as an iterative and adaptive search of boundedly rational agents is a valid approach. I develop a novel measure of technological complexity and empirically analyze how technological complexity affects innovation …
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Essays in Modern Macroeconomics
… adjustments. This paper proposes a tractable model of a New Keynesian (NK) economy where, in addition to the standard price and quantity channels, firms are able to endogenously adjust the quality of their products in response to shocks. This new model, featuring endogenous product quality …
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Essays in Macroeconomics and Heterogeneity
… policy through the lens of a New Keynesian model. The standard textbook New Keynesian model relies on counter-cyclical profits for monetary policy to have an effect as recently pointed out by Broer et al. (2020). This paper first tests this hypothesis by adding oligopolistic competition and …