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on Computational Economics |
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Issue of 2008‒07‒05
three papers chosen by |
| By: | Ahmed, Vaqar; O' Donoghue, Cathal |
| Abstract: | This paper reviews the recent work on the application of the CGE-microsimulation models. The discussion focuses on the various linking methodologies and how they can impact our results. |
| Keywords: | Computable General Equilibrium (CGE) Model; Microsimulation; Poverty; Inequality; |
| JEL: | C68 C5 R15 D58 C8 |
| Date: | 2007–07–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:9307&r=cmp |
| By: | Farris, P.W.; Verbeke, W.J.M.I.; Dickson, P.M.; Nierop, E. van (Erasmus Research Institute of Management (ERIM), RSM Erasmus University) |
| Abstract: | The purpose of this paper is to discuss a simulation of marketing budgeting rules that is based on a simplified version of the market share attraction model. The budgeting rules are roughly equivalent to those that may be used in practice. The simulation illustrates the concept of path dependence in dynamic marketing systems and shows how it might result from decision rules potentially applied by marketers and retailers. Path dependence results from positive feedback in dynamic systems that imparts momentum to market choices. Where the potential for path dependence exists, there are implications for defining and measuring long-term effects of marketing decisions in a way that is meaningful to managers and researchers. In the simulations presented we show that limited retails assortment may contribute to path dependence when firms use either percentage-of-revenue rules or "market learning" experiments to set budgets. While other budgeting procedures (e.g., matching competition) may stabilize market share, this stability in the share dimension comes at the cost of instability for budgets and profits. |
| Keywords: | path dependencies;marketing decisions |
| Date: | 2008–06–18 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:eureri:1765012634&r=cmp |
| By: | Daniel Raventos (Universitat de Barcelona) |
| Abstract: | Financing is one of the areas of Basic Income defined as an income paid by the State to each full member or accredited resident of a society, regardless of whether he or she wishes to engage in paid employment, or is rich or poor or, in other words, independently of what any other sources of income might be, and irrespective of cohabitation arrangements in the domestic sphere research where most progress has been made in the last ten or twelve years and interesting work has been done with different geographic zones in mind, showing how Basic Income can be paid by several kinds of public institutions. The present research is based on a micro-simulation program that was applied to a database compiled from a sample of 110,474 tax declarations in Catalonia in order to evaluate different policy options for tax-benefit integration, which would include a Basic Income. The study demonstrates that the proposal is viable in economic terms and that the impact of the distribution of income would be highly progressive. With due database changes and adjustments according to the fiscal reality of each place, the measure can be applied in many countries. |
| Keywords: | basic income |
| JEL: | H23 D63 |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:bar:bedcje:2008199&r=cmp |