Search
Now showing items 1-7 of 7
Inflationary effects of monetary policies in newly industrialized economies with cross-sectoral labor and capital immobility
(Journal of Macroeconomics, 2016)
This paper studies the effects of monetary policies in newly industrialized economies characterized by extremely low level of labor and capital mobility between urban and rural sectors. Policies are executed in the urban ...
Stochastic Lotka-Volterra equations: a model of lagged diffusion of technology in an interconnected world
(Elsevier, 2016)
We present a model of technological evolution due to interaction between multiple countries and the resultant effects on the corresponding macro variables. The world consists of a set of economies where some countries are ...
"Hits" emerge through self-organized coordination in collective response of free agents
(American Physical Society, 2016)
Individuals in free societies frequently exhibit striking coordination when making independent decisions en masse. Examples include the regular appearance of hit products or memes with substantially higher popularity ...
Absence of economic and social constants
(Springer, 2016)
In this article, we discuss the possibility of economics as a
discipline emulating the success of hard sciences. In our view, a fundamental obstacle arises from the fact that economics does not have
(m)any stable and ...
Cross-correlation patterns in social opinion formation with sequential data
(Elsevier B.V., 2016)
Recent research on large-scale internet data suggests existence of patterns in the collective behavior of billions of people even though each of them may pursue own activities. In this paper, we interpret online rating ...
Self-organization in a distributed coordination game through heuristic rules
(Springer, 2016)
In this paper, we consider a distributed coordination game played by a large number of agents
with finite information sets, which characterizes emergence of a single dominant attribute out of a large
number of competitors. ...
Invariant features of spatial inequality in consumption: the case of India
(Elsevier, 2016)
We study the distributional features and inequality of consumption expenditure across India, for different states, castes, religion and urban-rural divide. We find that even though the aggregate measures of inequality are ...