| 000 | 05724nam a22006015i 4500 | ||
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| 001 | 9783110605914 | ||
| 003 | DE-B1597 | ||
| 005 | 20200803184537.0 | ||
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| 007 | cr || |||||||| | ||
| 008 | 200406t20192018pl fo d z eng d | ||
| 020 | _a9783110605914 | ||
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_a10.1515/9783110605914 _2doi |
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| 035 | _a(DE-B1597)497296 | ||
| 035 | _a(OCoLC)1105897206 | ||
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_aDE-B1597 _beng _cDE-B1597 _erda |
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| 041 | 0 | _aeng | |
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_apl _cPL |
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| 072 | 7 |
_aBUS021000 _2bisacsh |
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| 082 | 0 | 4 |
_a330 _223 |
| 100 | 1 |
_aBwanakare, Second, _eauthor. _4aut _4http://id.loc.gov/vocabulary/relators/aut |
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| 245 | 1 | 0 |
_aNon-Extensive Entropy Econometrics for Low Frequency Series : _bNational Accounts-Based Inverse Problems / _cSecond Bwanakare. |
| 264 | 1 |
_aWarsaw ; _aBerlin : _bDe Gruyter Open Poland, _c[2019] |
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| 264 | 4 | _c©2018 | |
| 300 | _a1 online resource (223 p.) | ||
| 336 |
_atext _btxt _2rdacontent |
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_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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_atext file _bPDF _2rda |
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_tFrontmatter -- _tContents -- _tAcknowledgements -- _tSummary -- _t1 Generalities -- _t1 Information and its Main Quantitative Properties -- _t2 Ill-posed Inverse Problem Solution and the Maximum Entropy Principle -- _t1 Introduction -- _t2 The System of National Accounts -- _t3 The Input-Output (IO) Table and its Main Application -- _t1 Position of the Problem -- _t2 A SAM as a Walrasian Equilibrium Framework -- _t3 The Social Accounting Matrix (SAM) Framework -- _t4 Balancing a SAM -- _t5 A SAM and Multiplier Analysis: Economic Linkages and Multiplier Effects -- _t1 A Historical Perspective -- _t2 The CGE Model Among Other Models -- _t3 Optimal Behaviour and the General Equilibrium Model -- _t4 From a SAM to a CGE Model: a Cobb-Douglas Economy -- _t5 Estimating the CGE Model through the Maximum Entropy Principle -- _t1 Introduction -- _t2 Extending to an Environmental Model -- _t3 Compensatory and Equivalent Variations: Two Types of Welfare Measurement -- _t4 A Theoretical Example: CGE Model and Double-Dividend (DD)-Oriented Policies -- _t5 Conclusions -- _tConclusions -- _tAppendix -- _tIndex of Subject -- _tIndex of Authors -- _tCorrections to second edition |
| 506 | 0 |
_aOpen Access _uhttps://purl.org/coar/access_right/c_abf2 _funrestricted online access _2star |
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| 520 | _aThe second edition of Non-extensive Entropy Econometrics for Low Frequency Series provides a new and robust power-law-based, non-extensive entropy econometrics approach to the economic modelling of ill-behaved inverse problems. Particular attention is paid to national account-based general equilibrium models known for their relative complexity.In theoretical terms, the approach generalizes Gibbs-Shannon-Golan entropy models, which are useful for describing ergodic phenomena. In essence, this entropy econometrics approach constitutes a junction of two distinct concepts: Jayne's maximum entropy principle and the Bayesian generalized method of moments. Rival econometric techniques are not conceptually adapted to solving complex inverse problems or are seriously limited when it comes to practical implementation. Recent literature showed that amplitude and frequency of macroeconomic fluctuations do not substantially diverge from many other extreme events, natural or human-related, once they are explained in the same time (or space) scale. Non-extensive entropy is a precious device for econometric modelling even in the case of low frequency series, since outputs evolving within the Gaussian attractor correspond to the Tsallis entropy limiting case of Tsallis q-parameter around unity. This book introduces a sub-discipline called Non-extensive Entropy Econometrics or, using a recent expression, Superstar Generalised Econometrics. It demonstrates, using national accounts-based models, that this approach facilitates solving nonlinear, complex inverse problems, previously considered intractable, such as the constant elasticity of substitution class of functions. This new proposed approach could extend the frontier of theoretical and applied econometrics. | ||
| 538 | _aMode of access: Internet via World Wide Web. | ||
| 540 |
_aThis eBook is made available Open Access under a CC BY-NC-ND 3.0 license: _uhttps://creativecommons.org/licenses/by-nc-nd/3.0 _uhttps://www.degruyter.com/dg/page/open-access-policy |
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| 546 | _aIn English. | ||
| 588 | 0 | _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 06. Apr 2020) | |
| 650 | 4 | _ageneralized cross-entropy, general equilibrium macro-economic model, econometrics. | |
| 650 | 7 |
_aBUSINESS & ECONOMICS / Econometrics. _2bisacsh |
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| 773 | 0 | 8 |
_iTitle is part of eBook package: _dDe Gruyter _tEBOOK PACKAGE COMPLETE 2019 English _z9783110610765 |
| 773 | 0 | 8 |
_iTitle is part of eBook package: _dDe Gruyter _tEBOOK PACKAGE COMPLETE 2019 _z9783110664232 _oZDB-23-DGG |
| 773 | 0 | 8 |
_iTitle is part of eBook package: _dDe Gruyter _tEBOOK PACKAGE Economics 2019 _z9783110606065 _oZDB-23-DBV |
| 773 | 0 | 8 |
_iTitle is part of eBook package: _dDe Gruyter _tEBOOK PACKAGE Economics, Law & Social Sciences 2019 ENG _z9783110610130 |
| 776 | 0 |
_cEPUB _z9783110606027 |
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| 776 | 0 |
_cprint _z9783110605907 |
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| 856 | 4 | 0 |
_uhttps://doi.org/10.1515/9783110605914 _zOpen Access |
| 856 | 4 | 2 |
_3Cover _uhttps://www.degruyter.com/cover/covers/9783110605914.jpg |
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_a978-3-11-061013-0 EBOOK PACKAGE Economics, Law & Social Sciences 2019 ENG _b2019 |
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| 912 |
_a978-3-11-061076-5 EBOOK PACKAGE COMPLETE 2019 English _b2019 |
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| 912 | _aGBV-deGruyter-alles | ||
| 912 |
_aZDB-23-DBV _b2019 |
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| 912 |
_aZDB-23-DGG _b2019 |
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| 912 | _aZDB-23-GOA | ||
| 999 |
_c535458 _d535456 |
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