The purpose of this study is to investigate the impact of exchange rate misalignment on inflation persistence. For this purpose, Vector Auto Regression method and Markov Switching model is used for quarterly data during 1989:4 -2014:3. The results show that, the impact of liquidity growth and exchange rate misalignment on inflation persistence is positive. On the other hand, GDP growth has a ne...

This paper presents the application of microsimulation for traffic planning and forecasting, and proposes a new framework to model complex traffic conditions by calibrating and adjusting traffic parameters of a microsimulation model. By using an open source micro-simulator package, TRANSIMS, in this study, animated and numerical results were produced and analysed. The framework of traffic model...

Forecasts of the financial status of Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) programs and forecasts of the effects of various OASDI policy options on Americans would be improved if information about the earnings and labor force behavior of various population subgroups were included in projection models. Focusing on the projection of immigrant earnings, this articl...

The role of technical innovation in economic growth is both a current matter of keen public policy interest, and active exploration in economic theory. However, formal economic theorizing is often constrained by considerations of mathematical tractability. Evolutionary economic theories which are realized as computerized microsimulation models offer significant promise both for transcending mat...

The aim of this paper is to provide an overview of social modelling, and in particular a general introduction to and insight into the potential role and usefulness of microsimulation in analysing public policy. Despite having made a major contribution to the development of tax and cash transfer policies, there are many important areas of government policy to which microsimulation has not yet be...

Growing amount of information on biological sequences has made application of statistical approaches necessary for modeling and estimation of their functions. In this paper, sensitivity and specificity of the first and second Markov chains for prediction of genes was evaluated using the complete double stranded  DNA virus. There were two approaches for prediction of each Markov Model parameter,...

In this paper, we present a dynamic simulation model which projects the future population of the city of Leeds as a basis for policy analysis and scenario planning. We argue that microsimulation modelling is not entirely effective in the representation of student populations. Alternative approaches using both spatial interaction models and student agents are presented and evaluated. The results...