The Experts below are selected from a list of 37545 Experts worldwide ranked by ideXlab platform
Ronald Wendner - One of the best experts on this subject based on the ideXlab platform.
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Dynamic, Multi-Sector CGE Modeling and the Specification of Capital
Structural Change and Economic Dynamics, 2004Co-Authors: Karl Farmer, Ronald WendnerAbstract:Dynamic multi-sector computable general equilibrium (CGE) models often utilize investment aggregation according to fixed shares. The question is, do these models come to the same policy conclusions as CGE models that derive sectoral investment shares by optimal household decisions in a framework with heterogeneous Capital? Two models - a model with heterogeneous Capital, and a second model with a Capital Aggregate (and fixed investment shares) - show that the impact of the same given tax shock is strikingly different in the two models. The paper also shows under which conditions the two models bring about "similar" policy conclusions.
Mehmet Can Arslan - One of the best experts on this subject based on the ideXlab platform.
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sustainability in supply chain management Aggregate planning from sustainability perspective
PLOS ONE, 2016Co-Authors: Metin Turkay, Ozturk Saracoglu, Mehmet Can ArslanAbstract:Supply chain management that considers the flow of raw materials, products and information has become a focal issue in modern manufacturing and service systems. Supply chain management requires effective use of assets and information that has far reaching implications beyond satisfaction of customer demand, flow of goods, services or Capital. Aggregate planning, a fundamental decision model in supply chain management, refers to the determination of production, inventory, capacity and labor usage levels in the medium term. Traditionally standard mathematical programming formulation is used to devise the Aggregate plan so as to minimize the total cost of operations. However, this formulation is purely an economic model that does not include sustainability considerations. In this study, we revise the standard Aggregate planning formulation to account for additional environmental and social criteria to incorporate triple bottom line consideration of sustainability. We show how these additional criteria can be appended to traditional cost accounting in order to address sustainability in Aggregate planning. We analyze the revised models and interpret the results on a case study from real life that would be insightful for decision makers.
Robert A Miller - One of the best experts on this subject based on the ideXlab platform.
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human Capital Aggregate shocks and panel data estimation
University of Chicago - Economics Research Center, 1991Co-Authors: Sumru Altug, Robert A MillerAbstract:This paper analyses how the wage and employment decisions of females are affected by past workforce participation and hours supplied. Our estimation methods exploit the fact that, when markets are complete, the Lagrange multiplier for an agent’s lifetime budget constraint always enters multiplicatively with the prices of (contingent claims to) consumption and leisure. Depending on the properties of the equilibrium price process, it is thus possible to predict the behavior of a wealthy agent by observing that of a poorer person living in a more prosperous world. This provides the key to estimating, nonparametrically, the expectations that enter the calculus of equilibrium decisionmaking, and ultimately the structural parameters which characterize preferences.
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human Capital Aggregate shocks and panel data estimation
University of Chicago - Economics Research Center, 1991Co-Authors: Sumru Altug, Robert A MillerAbstract:This paper analyses how the wage and employment decisions of females are affected by past workforce participation and hours supplied. Our estimation methods exploit the fact that, when markets are complete, the Lagrange multiplier for an agents lifetime budget constraint always enters multiplicatively with the prices of (contingent claims to) consumption and leisure. Depending on the properties of the equilibrium price process, it is thus possible to predict the behavior of a wealthy agent by observing that of a poorer person living in a more prosperous world. This provides the key to estimating, nonparametrically, the expectations that enter the calculus of equilibrium decisionmaking, and ultimately the structural parameters which characterize preferences. (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.) (This abstract was borrowed from another version of this item.)
Tang Ren-fang - One of the best experts on this subject based on the ideXlab platform.
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Contemporary Educational Investment in the Context of Human Capital
Journal of Nanjing Normal University, 2005Co-Authors: Tang Ren-fangAbstract:In the tide of economic globalization, educational investment i China confronts challenges and changes. To meet the challenge successfully, we have to understand the meanings of educational investment against the grand backdrop of globalization. The Capital market in China now is switching to international conventions and this facilitates educational financing and broadens education market and helps settle the problem of Capital Aggregate shortage. Accession to WTO also facilitates the strengthening and defining of the core position of government as an agent in educational investment.
Karl Farmer - One of the best experts on this subject based on the ideXlab platform.
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Dynamic, Multi-Sector CGE Modeling and the Specification of Capital
Structural Change and Economic Dynamics, 2004Co-Authors: Karl Farmer, Ronald WendnerAbstract:Dynamic multi-sector computable general equilibrium (CGE) models often utilize investment aggregation according to fixed shares. The question is, do these models come to the same policy conclusions as CGE models that derive sectoral investment shares by optimal household decisions in a framework with heterogeneous Capital? Two models - a model with heterogeneous Capital, and a second model with a Capital Aggregate (and fixed investment shares) - show that the impact of the same given tax shock is strikingly different in the two models. The paper also shows under which conditions the two models bring about "similar" policy conclusions.
