A central difficulty in economics is to create a model economy that has both good business cycle properties and good asset pricing properties. Macro models have the former, fail in the latter. Finance models typically work with endowment economies, and are hard to integrate with macro. I show how to solve this difficulty by a simple, portable, modelling device, the “disasterization” procedure. ...

It has been more than 20 years since Dr. Mattie Hendrick, a veterinary pathologist at the University of Pennsylvania, published her article titled “Postvaccinal sarcomas in the cat: Epidemiology and electron probe microanalytical identification of aluminum” in Cancer Research, first linking vaccination to sarcoma development (1). Dr. Hendrick initially brought her concerns to the forefront in 1...

Current research on plasticity has altered the over simplistic view of greater capacity in the developing brain after injury. In another paper in this issue, Dennis provides a model to elucidate the complexity of the multiple factors that influence recovery after brain injury in children. The authors present a brief summary of findings from their longitudinal research in neurobehavioral recover...

Huan Li 1, Yehua Dennis Wei 2,3,* and Yuemin Ning 4 1 Collaborative Innovation Center for China Economy, School of Economics, Nankai University, Tianjin 300071, China; [email protected] 2 Key Research Institute of Yellow River Civilization and Sustainable Development & Collaborative Innovation Center on Yellow River Civilization of Henan Province, Henan University, Kaifeng 475001, China 3 Dep...

1. Francesco A. Fabozzi Managing Editor The selection of models for an ensemble is problem dependent. In the first article, “Ensemble Meta-Labeling,” Dennis Thumm, Paolo Barucca, and Jacques Francois Joubert develop a framework choosing model architectures meta-labeling

T his paper investigates the movement between stock market bubbles and fluctuations in aggregate variables within a DSGE model for the Iranian economy. We apply a new Keynesian monetary framework with nominal rigidity in wages and prices based on the study by Ikeda (2013), which is developed with appropriate framework for the Iranian economy. We consider central bank behavior differe...