The following notes contain a computer simulation concerning a basic nonWalrasian equilibrium system, following the Edmond Malinvaud “short side” approach, as far as the price adjustment is concerned, and the sequential Hicksian “weeks” structure with regard of the temporal characterization. Two strongly heterogeneous classes of agents will be taken into consideration: the “rich” and the “poor”...

This paper examines sources of cyclical movements in output, in ation and the term structure of interest rates. It employs a novel identi cation approach which uses the sign of the cross correlation function in response to shocks to catalog orthogonal disturbances. We nd that demand shocks are the dominant source output, in ation and term structure uctuations in six of the G-7 countries. Within...

In this paper we argue that in realistically calibrated two period general equilibrium models with incomplete markets CAPM-pricing provides a good benchmark for equilibrium prices even when agents are not mean-variance optimizers and returns are not normally distributed. We numerically approximate equilibria for a variety of di erent speci cations for preferences, endowments and dividends and c...

Abstract AIMS The quantitative evaluation of gliomas using the VASARI MRI feature sets aims to facilitate consistent radiological reporting but rarely done in clinical practice due user variability addition technical and time constraints. We questioned whether deep-learning driven systems for automated derivation might resolve these issues, with comparison neuroradiologist ground truths. METHOD...

Oxide Dispersion Strengthened (ODS) ferritic steel, a candidate material for fast reactor fuel cladding, has low thermal expansion, good conductivity, and excellent resistance to irradiation damage high temperature strength. The origin of the high-temperature strength lies in dispersion fine oxides. In this study, creep tests at 700°C or 750°C, which are close operating temperatures reactors, t...