Sentences with phrase «in general equilibrium»

Capital accumulation and taxation in a general equilibrium model with risky human capital.

In our general equilibrium model of residential location and community choice, households base optimizing decisions on commuting costs, school quality, and land rents.

Not exact matches

Just a classic general equilibrium models, efficient markets, smooth continuous price movements, the Phillips curve, Black - Scholes — I'm good friends with Myron Scholes, and he's taught me a lot, but there's a lot of flaws in that model.

I would add the need for a Griezmann / Reus to offer greater equilibrium on our right wing when the OX gets injured or for competition and depth in general.

The Geochemistry and Interfacial Sciences Group conducts fundamental and applied research on fluid - solid interactions that control (a) contaminant fate and transport and energy extraction in subsurface geologic environments; (b) electrical energy storage in porous electrode materials; and (c) heterogeneous reaction rates, mechanisms and equilibria in general.

Used by all ancients, several traditional peoples, generally preferred over the other grains (rice was a later historical development of which I'm investigating the reasons), was a staple before it was replaced by potato, said to promote general equilibrium in the foundational ayurvedic text, the Caraka Samhita, and of the five cereals of Chinese medicine, named the best by the Yinshan Zhengyao.

The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit institutional variation that does not exist within countries; draw on much larger variation than usually available within any country; reveal whether any result is country - specific or more general; test whether effects are systematically heterogeneous in different settings; circumvent selection issues that plague within - country identification by using system - level aggregated measures; and uncover general - equilibrium effects that often elude studies in a single country.

The economic consequences of large - scale government investments in education depend on the general equilibrium (GE) effects in both the labor market and the education sector.

General - equilibrium cost - benefit analysis of education and tax policies», In: Ranis, G., L.K. Raut (Eds.)

In a trending market price is moving in one general direction in order to find a new equilibriuIn a trending market price is moving in one general direction in order to find a new equilibriuin one general direction in order to find a new equilibriuin order to find a new equilibrium.

If you're a sim fan in general, I think you'll enjoy Block» hood; you're still sitting waiting for your city to generate enough money to do the next thing you want to do sometimes, but at the very least there's a challenge here to maintain some kind of ecological equilibrium... and you'll get a little bit of a moral high the next time you recycle.

Especially sculptural volumes that rest in time and space, and simultaneously maintain a precarious equilibrium, link Brancusi and Serra's singular oeuvres and point to the universality and continuity of sculpture in general.

In the flashy art fair trends, where galleries are forced to battle for attention on the pages of catalogues and rows of exhibit halls, the general equilibrium veers far into a state of frenzy and chaos.

OLR increases in the optically thinner bands would lead to atmospheric warming in general, but this has to be accompanied by OLR decreases somewhere, such as in optically thicker bands (and always in the band where optical thickness was added, assuming positive lapse rates everywhere as is the case in a 1 - dimensional equilibrium model with zero solar heating above the tropopause, or at least not too much solar heating in some distributions), which will tend to cause cooling of upper levels.

Not only do you («you» as in Victor and not the general you, because I presume there are people who actually model these things and may know the answer) not know how large the equilibrium response would be, but you don't know if the boundary proposed by your argument (cognate to the equilibrium response) had been reached over that period.

It's a general principle of complex equilibria that the more they are disturbed, the more complex the processes involved in restoring their equilibrium.

In general, so long as there is some solar heating beneath some level, there must be a net LW + convective heat flux upward at that level to balance it in equilibrium; convection tends to require some nonzero temperature decline with height, and a net upward LW flux requires either that the temperature declines with height on the scale of photon paths (from emission to absorption), or else requires at least a partial «veiw» of space, which can be blocked by increasing optical thickness above that leveIn general, so long as there is some solar heating beneath some level, there must be a net LW + convective heat flux upward at that level to balance it in equilibrium; convection tends to require some nonzero temperature decline with height, and a net upward LW flux requires either that the temperature declines with height on the scale of photon paths (from emission to absorption), or else requires at least a partial «veiw» of space, which can be blocked by increasing optical thickness above that levein equilibrium; convection tends to require some nonzero temperature decline with height, and a net upward LW flux requires either that the temperature declines with height on the scale of photon paths (from emission to absorption), or else requires at least a partial «veiw» of space, which can be blocked by increasing optical thickness above that level.

In general, the portion of a layer's PR emitted at the top needn't be the same sign as that emitted out the bottom (also true of CR), and thus the equilibrium PR out in one direction can actually be greater than the RF on the layer — what is true is that the sum of equilibrium PR+CR out the top and out the bottom is determined by RF)In general, the portion of a layer's PR emitted at the top needn't be the same sign as that emitted out the bottom (also true of CR), and thus the equilibrium PR out in one direction can actually be greater than the RF on the layer — what is true is that the sum of equilibrium PR+CR out the top and out the bottom is determined by RF)in one direction can actually be greater than the RF on the layer — what is true is that the sum of equilibrium PR+CR out the top and out the bottom is determined by RF)..

In short, though, I think that the interest in unforced variability and in instabilities both in the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weekIn short, though, I think that the interest in unforced variability and in instabilities both in the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weekin unforced variability and in instabilities both in the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weekin instabilities both in the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weekin the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weekin the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weeks.

The three successive IPCC reports (1991 [2], 1996, and 2001 [3]-RRB- concentrated therefore, in addition to estimates of equilibrium sensitivity, on estimates of climate change over the 21st century, based on several scenarios of CO2 increase over this time interval, and using up to 18 general circulation models (GCMs) in the fourth IPCC Assessment Report (AR4)[4].

This despite the fact that NCAs may provide important input for analytical methods in designing, implementing and reviewing evidence - based SDG policies, such as trend analysis, forecasting, footprint analysis, integrated assessment and general equilibrium analysis.

• The oft - cited, free - as - in - freedom reference «Making Sense of the Legendre Transform ``, in particular the sections (page 7) titled «The route of physics: interpretation of the equilibrium condition» and (page 8) «Legendre Transform With Many Variables» clearly review why (in general) the thermodynamic equilibrium of any insulated system is isothermal... including columns of fluid in a gravitational gradient of course!

It is an absolutely incontrovertable result of LST (when applied to tracer measurements) that, when you start with a tracer that is in equilibrium throughout a system, and you apply an impulse to that tracer, the Impulse Response Function you measure with the tracer is exactly the same IRF that you would measure if you applied the impulse to the general system.

Due to computational constraints, the equilibrium climate sensitivity in a climate model is usually estimated by running an atmospheric general circulation model coupled to a mixed - layer ocean model, because equilibrium climate sensitivity is largely determined by atmospheric processes.

Another possibility is that the exchange would continue only until the new, combined wire - gas system reached its own equilibrium, in which we would not in general expect the gas to exhibit the same mean - molecular - kinetic energy profile it did when it was isolated.

support for the exponential growth economy which underpins climate change denialism is so hilarious — its not credible outside of the stoned mind of a proponent of the General Equilibrium Theory and we will hit a brick wall one way or another in the next 10 to 20 years irrespective of what conventional economics says.

We use a computable general equilibrium model... to investigate the effect of combining a fuel economy standard with an economy - wide GHG emissions constraint in the United States.

In general, the pattern of change in return values for 20 - year extreme temperature events from an equilibrium simulation for doubled CO2 with a global atmospheric model coupled to a non-dynamic slab ocean shows moderate increases over oceans and larger increases over land masses (Zwiers and Kharin, 1998; Figure 9.29In general, the pattern of change in return values for 20 - year extreme temperature events from an equilibrium simulation for doubled CO2 with a global atmospheric model coupled to a non-dynamic slab ocean shows moderate increases over oceans and larger increases over land masses (Zwiers and Kharin, 1998; Figure 9.29in return values for 20 - year extreme temperature events from an equilibrium simulation for doubled CO2 with a global atmospheric model coupled to a non-dynamic slab ocean shows moderate increases over oceans and larger increases over land masses (Zwiers and Kharin, 1998; Figure 9.29).

Judith says «My take is that external forcing explains general variations on very long time scales, and equilibrium differences in planetary climates of relevance to comparative planetology.»

pCO2 in water is a mix of temperature, pH, bio life and total carbon (DIC) content... In general measured by mixing seawater with air till equilibrium and measuring the CO2 level in the aiin water is a mix of temperature, pH, bio life and total carbon (DIC) content... In general measured by mixing seawater with air till equilibrium and measuring the CO2 level in the aiIn general measured by mixing seawater with air till equilibrium and measuring the CO2 level in the aiin the air.

Miskolczi has inserted the simple result into the general model, which means, at best, it can only be applied to a «grey» atmosphere in radiative equilibrium, and at worst he has just created an equation soufflé.

Nic Lewis in the post at BishopHill does a very nice empirically based sensitivity analysis following the general methodology of the Gregory et al (2002) heat balance change derived value of the equilibrium climate sensitivity, determining a value of ECS of 1.6 - 1.7 C.

When a gas is in LTE then the absorption and emission is isotropic, but when Milne came up with the idea of LTE he wrote «This permits us to see in a general way why the state of local thermodynamic equilibrium in the interior of a star breaks down as we approach the surface.»

In the second study, researchers from RFF and Stanford University use a general equilibrium model of the US economy with a high degree of corporate and personal income tax detail to consider the impacts of several revenue - neutral carbon tax policies, including lump - sum recycling to households, recycling via cuts in individual labor and capital income tax rates, recycling via cuts in corporate tax rates, and morIn the second study, researchers from RFF and Stanford University use a general equilibrium model of the US economy with a high degree of corporate and personal income tax detail to consider the impacts of several revenue - neutral carbon tax policies, including lump - sum recycling to households, recycling via cuts in individual labor and capital income tax rates, recycling via cuts in corporate tax rates, and morin individual labor and capital income tax rates, recycling via cuts in corporate tax rates, and morin corporate tax rates, and more.

Hence, we are still stuck with the GHG accounting problem for biofuels (and potentially relevant general equilibrium effects for other fuels such as electricity) when transport is included in the European Emission Trading Scheme.

Note that this is different from a statement about a general equilibrium, which may or may not be satisfied in any given year.

As host Member States may not demand from EU citizens in this first period to have sufficient means of subsistence and personal medical cover, it is legitimate, according to the Court, not to require those Member States to be responsible for those citizens during this Following explicitly the opinion of the Advocate - General, such an interpretation would meet the objective stated in recital 10 of the Directive to maintain the «financial equilibrium of the social assistance systems of the Member States» (para. 45).

It was over a year before I rediscovered my desire — and sense of equilibrium in general.»