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Stochastic Lotka-Volterra equations: a model of lagged diffusion of technology in an interconnected world
(Indian Institute of Management Ahmedabad, 2015)
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 ...
Economic incentives versus institutional frictions: migration dynamics within Europe
(Indian Institute of Management Ahmedabad, 2015)
The immobility puzzle in European Union takes the form that the observed level of migration within Europe is substantially less than is expected in an union which allows free labor mobility, indicating that there are ...
Dispersion in macroeconomic volatility between the core and periphery of the international trade network
(Indian Institute of Management Ahmedabad, 2015)
At the country level, macroeconomic volatility tends to correlate with trade openness although the direction of correlation is not stable across samples. Here I consider trade networks as sum of all pairwise trade linkages ...
Inflationary effects of monetary policies in newly industrialized economies with cross-sectoral labor and capital immobility
(Indian Institute of Management Ahmedabad, 2015)
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 ...
In ationary e ects of monetary policies in newly industrialized economies with cross-sectoral labor and capital immobility
(Indian Institute of Management Ahmedabad, 2015)
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 ...