Is Elegance Useful? Rationality in the Dynamic and Optimal Economic Model
Abstract
The purpose of this thesis is to discuss the development of the macroeconomic models in perspective and analyze recent models dominating the economics theory along with discussing a new dynamic model which considers all criticisms of the prior models and incorporates different approaches to the economic fluctuations. I am representing several crucial modifications in this model. After running several experiments, the model claimed that incorporating rational expectations in the model helps to present better predictions regarding the economy.
Collections
Related items
Showing items related by title, author, creator and subject.
-
A Modeling Approach to Analyze Epileptic Brain Data Using Univariate and Multivariate Dynamic Linear Models
Adhikari, Samrachana (2011-06-06)Epileptic patients with severe cases of epilepsy usually undergo more than one surgery to locate and remove the epileptic tissue from the brain. It is hard to localize epileptic tissue as it is defined by abnormal excitability ... -
Lipase Activity in the Murine Acquired Immune Deficiency Syndrome (MAIDS) model
Herman, Nicole (2011-02-16)Murine acquired immune deficiency syndrome (MAIDS) is a retrovirally induced disease caused by exposure to the murine leukemia virus (MuLV) and is used to study human AIDS. Two strains of mice are used in the model system; ... -
Immunomodulation in the Murine AIDS Model
Sceats, Lindsay (2011-05-11)Murine acquired immunodeficiency syndrome (MAIDS) is a model of immunodeficiency useful for studying human AIDS. Murine leukemia virus (MuLV) produces a fatal disease course in some strains of mice with symptoms mimicking ...