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Marcel Boumans explains how macroeconomists are able to isolate a variable of interest from external influences by tuning parameters in a model of the macroeconomic system.
The core of CEEPA is a recursive dynamic computable general equilibrium model, in which the interactions among different agents in the macroeconomic system of China are described.
This paper shows the capabilities for using the thermoeconomic analysis in environmental systems, and demonstrates that it could become a useful tool for identifying the ways for improving the energy resources cost and the efficiency of a macroeconomic system such as the US food production chain.
Overarching all of this is the macroeconomic system, including the modern economic growth model which demands consumption that is not necessarily conducive to health [ 84, 85].
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More advanced simulations, such as those that emulate weather patterns or the behaviour of macroeconomic systems, are usually performed on powerful workstations or on mainframe computers.
Euler equation models represent an important class of macroeconomic systems.
Brito has also made important contributions to such topics as the control of macroeconomic systems, the St. Petersburg Paradox, the Nash Bargaining Problem, optimal taxation and nuclear proliferation.
The Catholic Church for a long time consistently pointed to the positive and negative aspects of different macroeconomic systems, the space needed to respect individual freedom and the important role that the governments must play in protecting and promoting the common good.
"At the heart of the crisis," he said, "was a rapid and unsustainable increase in debt that our macroeconomic and regulatory system utterly failed to identify, let alone prevent".
In this article, the relation between non-performing loans (NPL) of the Brazilian banking system and macroeconomic factors, systemic risk, and banking concentration is empirically tested.
Inside macroeconomic free market systems, I have met pockets of communities, today, that practice countercultural redistribution.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com