Economic Models - Convex Optimization

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ECONOMIC MODELS Methods, Theory and Applications editor Dipak Basu Nagasaki University, Japan World Scientific N E W J E R S E Y • L O N D O N • S I N G A P O R E • B E I J I N G • S H A N G H A I • H O N G K O N G • TA I P E I • C H E N N A I
Published by World Scientific Publishing Co. Pte. Ltd. 5 Toh Tuck Link, Singapore 596224 USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601 UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. ECONOMIC MODELS Methods, Theory and Applications Copyright © 2009 by World Scientific Publishing Co. Pte. Ltd. All rights reserved. This book, or parts thereof, may not be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system now known or to be invented, without written permission from the Publisher. For photocopying of material in this volume, please pay a copying fee through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA. In this case permission to photocopy is not required from the publisher. ISBN-13 978-981-283-645-8 ISBN-10 981-283-645-4 Typeset by Stallion Press Email: enquiries@stallionpress.com Printed in Singapore.
Page 2 and 3: ECONOMIC MODELS Methods, Theory and
Page 6 and 7: This Volume is Dedicated to the Mem
Page 8 and 9: Contents Tom Oskar Martin Kronsjo:
Page 10 and 11: Tom Oskar Martin Kronsjo: A Profile
Page 12 and 13: Tom Oskar Martin Kronsjo students t
Page 14 and 15: About the Editor Prof. Dipak Basu i
Page 16 and 17: Contributors Athanasios Athanasenas
Page 18: Contributors Victoria Miroshnik, is
Page 21 and 22: xx Introduction type of model is ve
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Page 27 and 28: 4 Olav Bjerkholt Among these was al
Page 29 and 30: 6 Olav Bjerkholt method, searching
Page 31 and 32: 8 Olav Bjerkholt context, but one o
Page 33 and 34: 10 Olav Bjerkholt be modified in th
Page 35 and 36: 12 Olav Bjerkholt through a number
Page 37 and 38: 14 Olav Bjerkholt memoranda. These
Page 39 and 40: 16 Olav Bjerkholt hopelessly ineffe
Page 41 and 42: 18 Olav Bjerkholt References Arrow,
Page 47 and 48: 24 Alexis Lazaridis A straightforwa
Page 49 and 50: 26 Alexis Lazaridis where ⎛ ⎞ j
Page 51 and 52: 28 Alexis Lazaridis Estimating the
Page 53 and 54: 30 Alexis Lazaridis 5.1. Testing fo
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32 Alexis Lazaridis by applying the
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34 Alexis Lazaridis Nevertheless, t
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36 Alexis Lazaridis Table 2. Residu
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38 Alexis Lazaridis Table 3. Critic
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40 Alexis Lazaridis Figure 4. The s
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42 Alexis Lazaridis Perron, P and T
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44 Dipak R. Basu and Alexis Lazarid
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70 Andrew Hughes Hallet have, there
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72 Andrew Hughes Hallet other. The
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74 Andrew Hughes Hallet success in
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76 Andrew Hughes Hallet with a hori
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78 Andrew Hughes Hallet control inf
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80 Andrew Hughes Hallet Table 2. Fi
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82 Andrew Hughes Hallet country 13
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84 Andrew Hughes Hallet Given this
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86 Andrew Hughes Hallet 5.4. Instit
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88 Andrew Hughes Hallet Substitutin
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90 Andrew Hughes Hallet This is alw
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92 Andrew Hughes Hallet (d) Since E
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94 Andrew Hughes Hallet Table 3. Ex
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96 Andrew Hughes Hallet restraint m
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98 Andrew Hughes Hallet HM Treasury
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100 Andrew Hughes Hallet γ/(β −
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102 Chirstophe Deissenberg and Pave
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122 Nikitas Spiros Koutsoukis 2. Mo
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124 Nikitas Spiros Koutsoukis GRAI
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126 Nikitas Spiros Koutsoukis (3) U
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128 Nikitas Spiros Koutsoukis The m
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130 Nikitas Spiros Koutsoukis lower
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132 Nikitas Spiros Koutsoukis Some
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134 Nikitas Spiros Koutsoukis We be
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138 Victoria Miroshnik 2. Corporate
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140 Victoria Miroshnik Japanese NC
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142 Victoria Miroshnik process shou
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144 Victoria Miroshnik National cul
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146 Victoria Miroshnik A1 A2 A3 D1
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148 Victoria Miroshnik Fujino, T (1
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152 Anna-Maria Mouza of salaries of
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154 Anna-Maria Mouza Table 2. final
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156 Anna-Maria Mouza Table 4. Worki
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158 Anna-Maria Mouza 3.2.2. Personn
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160 Anna-Maria Mouza where X 43 , a
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162 Anna-Maria Mouza Thus, the tota
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164 Anna-Maria Mouza 6. Some Altern
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166 Anna-Maria Mouza increase for e
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168 Anna-Maria Mouza The solution o
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174 Fabrizio Iacone and Renzo Orsi
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202 Athanasios Athanasenas 2. The C
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204 Athanasios Athanasenas to asset
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206 Athanasios Athanasenas I end up
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208 Athanasios Athanasenas consider
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210 Athanasios Athanasenas Table 1.
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212 Athanasios Athanasenas vector:
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214 Athanasios Athanasenas in relev
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216 Athanasios Athanasenas The esti
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218 Athanasios Athanasenas and ⎡
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220 Athanasios Athanasenas run, cre
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222 Athanasios Athanasenas Lown, C
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224 Index fiscal expansions, 91, 92
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Economic Models - Convex Optimization

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