... 6.4 定式化準備:変数一覧 内生変数 ( モデル内で決まる変数 ) : Y : GDP 、 R: 利子率。小文字の変数は外生変数 ( モデル外で数値が与えられる変数 ) IS : C : 消費、 I : 投資、 G : 政府支出、 T : 税金、 N X : 純輸出、 EX : 輸出、 IM : 輸入、 a : 基礎消費、 b : 限界消費性向、 m : 限界輸入性向、 i : 基礎投資、 d : 正の定数、 g : 基礎輸出、 n ...
... This has two implications. First, parents use the same income-dependent relative preferences to measure their children’s well-being. Second, since parents obtain their own utility from consumption in adulthood, ...
... This is rooted in the findings in Kageyama (2012) , which empirically showed that the relationships between LEGAP and these happiness indicators are bidirectional. In one direction, LEGAP negatively affects both HPN and ...
... This paper models the strategic behavior of auction participants, and offers model-based quan- titative benchmarks for assessing the competitiveness and cost-effectiveness of this important mar- ketplace. Our model ...
... and significant. This result suggests that banks’ BCR matters in firms’ investment decisions when firms are productive and thus have higher demand for investment. Using the estimated model, we conduct counterfactual ...
... • We have assumed that there is only one hedge fund style. What might change if we consider multiple hedge fund styles in the model industry? If the manager’s talent also involves an aptitude for one style over ...
... 1765 Table IX Financial Health of Local Banks and Failed Bank Acquisition Likelihood This table reports results of a fixed effects logit regression. The dependent variable Pr(acquisition) takes the value of one if ...
... in X j . There are dummies indicating whether a fund charges a load, and if it is a rear or deferred load. Loads are a pricing element (which we have already amortized into the price mea- sure), but they also indicate ...