Results 1  10
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239
Social Interactions, Local Spillovers and Unemployment
 Review of Economic Studies
, 2001
"... I analyse a model that explicitly incorporates local interactions and allows agents to exchange information about job openings within their social networks. Agents are more likely to be employed if their social contacts are also employed. The model generates a stationary distribution of unemployment ..."
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Cited by 220 (9 self)
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I analyse a model that explicitly incorporates local interactions and allows agents to exchange information about job openings within their social networks. Agents are more likely to be employed if their social contacts are also employed. The model generates a stationary distribution of unemployment that exhibits positive spatial correlations. I estimate the model via an indirect inference procedure, using Census Tract data for Chicago. I find a significantly positive amount of social interactions across neighbouring tracts. The local spillovers are stronger for areas with less educated workers and higher fractions of minorities. Furthermore, they are shaped by ethnic dividing lines and neighbourhood boundaries. 1.
Simulated annealing: Practice versus theory
 Mathl. Comput. Modelling
, 1993
"... this paper "ergodic" is used in a very weak sense, as it is not proposed, theoretically or practically, that all states of the system are actually to be visited ..."
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Cited by 200 (20 self)
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this paper "ergodic" is used in a very weak sense, as it is not proposed, theoretically or practically, that all states of the system are actually to be visited
A Joint Econometric Model of Macroeconomic and Term Structure Dynamics
 Journal of Econometrics
, 2006
"... In 2004 all publications will carry a motif taken from the €100 banknote. This paper can be downloaded without charge from ..."
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Cited by 98 (2 self)
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In 2004 all publications will carry a motif taken from the €100 banknote. This paper can be downloaded without charge from
An Indexed Bibliography of Genetic Algorithms in Power Engineering
, 1995
"... s: Jan. 1992  Dec. 1994 ffl CTI: Current Technology Index Jan./Feb. 1993  Jan./Feb. 1994 ffl DAI: Dissertation Abstracts International: Vol. 53 No. 1  Vol. 55 No. 4 (1994) ffl EEA: Electrical & Electronics Abstracts: Jan. 1991  Dec. 1994 ffl P: Index to Scientific & Technical Proceed ..."
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Cited by 86 (10 self)
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s: Jan. 1992  Dec. 1994 ffl CTI: Current Technology Index Jan./Feb. 1993  Jan./Feb. 1994 ffl DAI: Dissertation Abstracts International: Vol. 53 No. 1  Vol. 55 No. 4 (1994) ffl EEA: Electrical & Electronics Abstracts: Jan. 1991  Dec. 1994 ffl P: Index to Scientific & Technical Proceedings: Jan. 1986  Feb. 1995 (except Nov. 1994) ffl EI A: The Engineering Index Annual: 1987  1992 ffl EI M: The Engineering Index Monthly: Jan. 1993  Dec. 1994 The following GA researchers have already kindly supplied their complete autobibliographies and/or proofread references to their papers: Dan Adler, Patrick Argos, Jarmo T. Alander, James E. Baker, Wolfgang Banzhaf, Ralf Bruns, I. L. Bukatova, Thomas Back, Yuval Davidor, Dipankar Dasgupta, Marco Dorigo, Bogdan Filipic, Terence C. Fogarty, David B. Fogel, Toshio Fukuda, Hugo de Garis, Robert C. Glen, David E. Goldberg, Martina GorgesSchleuter, Jeffrey Horn, Aristides T. Hatjimihail, Mark J. Jakiela, Richard S. Judson, Akihiko Konaga...
2004), “Religious intermarriage and socialization in the United States
 Journal of Political Economy
"... This paper presents an empirical analysis of a choicetheoretic model of cultural transmission. In particular, we use data from the General Social Survey to estimate the structural parameters of a model of marriage and child socialization along religious lines in the United States. The observed inte ..."
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Cited by 76 (7 self)
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This paper presents an empirical analysis of a choicetheoretic model of cultural transmission. In particular, we use data from the General Social Survey to estimate the structural parameters of a model of marriage and child socialization along religious lines in the United States. The observed intermarriage and socialization rates are consistent with Protestants, Catholics, and Jews having a strong preference for children who identify with their own religious beliefs and making costly decisions to influence their children’s religious beliefs. Our estimates imply dynamics of the shares of religious traits in the population that are in sharp contrast with the predictions obtained by linear extrapolations from current intermarriage rates. The paper has benefited substantially from a spirited discussion during the presentation of some preliminary results at Minnesota. Many thanks go to M. Arellano, G. Becker,
Population Rule Learning in Symmetric NormalForm Games: Theory and Evidence
, 2001
"... A model of population rule learning is formulated and estimated using experimental data. When predicting the population distribution of choices and accounting for the number of parameters, the population rule learning model is much better than aggregation of individually estimated rule learning mode ..."
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Cited by 45 (8 self)
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A model of population rule learning is formulated and estimated using experimental data. When predicting the population distribution of choices and accounting for the number of parameters, the population rule learning model is much better than aggregation of individually estimated rule learning models. Further, rule learning is a statistically significant and important phenomena even when focusing on population statistics, and is much better than onerule learning dynamics. 2001 Elsevier Science B.V. All rights reserved. JEL classification: C15; C52; C72 Keywords: Rules; Learning; Games; Experimental; Testing 1. Introduction Recent learning research in oneshot games can be divided into two domains: (i) population learning or evolutionary dynamics as typified by replicator dynamics, 1 and (ii) individual learning. 23 The first domain focuses on how the population distribution of play changes over time, while the second domain focuses on how an individual's behavior changes over...
A Structural Analysis of Disappointment Aversion in a Real Effort Competition” IZA working paper no
, 2009
"... We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequentialmove tournament. We predict that a disappointment averse agent, who is loss averse around her endog ..."
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Cited by 44 (3 self)
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We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequentialmove tournament. We predict that a disappointment averse agent, who is loss averse around her endogenous choiceacclimating expectationsbased reference point, responds negatively to her rival’s effort. We find significant evidence for this discouragement effect, and use the Method of Simulated Moments to estimate the strength of disappointment aversion on average and the heterogeneity in disappointment aversion across the population.
Simulated Annealing Algorithms For Continuous Global Optimization
, 2000
"... INTRODUCTION In this paper we consider Simulated Annealing algorithms (SA in what follows) applied to continuous global optimization problems, i.e. problems with the following form f = min x2X f(x); (1.1) where X ` ! n is a continuous domain, often assumed to be compact, which, combined with ..."
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Cited by 42 (1 self)
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INTRODUCTION In this paper we consider Simulated Annealing algorithms (SA in what follows) applied to continuous global optimization problems, i.e. problems with the following form f = min x2X f(x); (1.1) where X ` ! n is a continuous domain, often assumed to be compact, which, combined with the continuity or lower semicontinuity of f , guarantees the existence of the minimum value f . SA algorithms are based on an analogy with a physical phenomenon: while at high temperatures the molecules in a liquid move freely, if the temperature is slowly decreased the thermal mobility of the molecules is lost and they form a pure crystal which also corresponds to a state of minimum energy. If the temperature is decreased too quickly (the so called quenching) a liquid metal rather ends up in a polycrystalline or amorphous state with
Evaluation and Combination of Conditional Quantile Forecasts
 Journal of Business and Economic Statistics
, 2005
"... This paper proposes a method for comparing and combining conditional quantile forecasts in an outofsample framework. We construct a Conditional Quantile Forecast Encompassing (CQFE) test as a Waldtype test of superior predictive ability. Rejection of CQFE provides a basis for combination of condi ..."
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Cited by 39 (1 self)
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This paper proposes a method for comparing and combining conditional quantile forecasts in an outofsample framework. We construct a Conditional Quantile Forecast Encompassing (CQFE) test as a Waldtype test of superior predictive ability. Rejection of CQFE provides a basis for combination of conditional quantile forecasts. Central features of our encompassing test are: (1) the use of the ‘tick ’ loss function; (2) a conditional, ratherthanunconditional approach to outofsample evaluation, and, (3) the derivation of our test in an environment with nonvanishing estimation uncertainty. Some of the advantages of our approach are that it allows the forecasts to be generated by using general estimation procedures and that it is applicable when the forecasts are based on both nested and nonnested models. The test is also relatively easy to implement using standard GMM techniques. An empirical application to ValueatRisk evaluation illustrates the usefulness of our method.