Questions tagged [computation]
The computation tag has no summary.
43 questions
1 vote
1 answer
38 views
Thesis topic suggestions
I was unsure if these types of questions are allowed, but I could not find something saying that they weren't, so... I am writing my thesis next semester in Economics where I have specialized in ...
22 votes
4 answers
4k views
Why is economics so mathematical?
As a physicist, it seems to me that economics is even more mathematical than physics. Now, I have barely more than a layman's knowledge of economics, but from reading descriptions of economics ...
-2 votes
1 answer
56 views
Computers as money holders (that used artificial intelligence to manage money)
We have cryptocurrencies where money is virtual but holders are people. What, if, the holder was a computer (and, the money, could either be real, or, a cryptocurrency). What if to manage money, ...
0 votes
0 answers
85 views
Is System Dynamics useful for economics?
I don't fully believe in Steve Keen, otherwise economists would've caught onto the fundamental flaws of economist, but System Dynamics, in general seems useful. Does any traditional economists over ...
1 vote
1 answer
128 views
Value function iteration savings problem not working as expected
I'm coding a program in Python to find a numerical approximation of the value function $v:\mathbb{R}\to\mathbb{R}$ that solves the Bellman equation: $$v(a)=\max\limits_{a'}\left\{\ln\left(w+(1+r)a-a'\...
2 votes
0 answers
75 views
Algorithmic game theory and decentralized exchange of information
An intresting topic that I want to understad has to do with the decentralized exchange of information among a network of agents, however there is not a specific theory to make such a mathematical ...
1 vote
1 answer
833 views
Opportunities for Computer Science Graduates in the Field of Economics [closed]
I know this question has been asked quite a few times already but I have several other different questions to ask too. So, I am asking all of them here. Let me give you a quick summary of my ...
6 votes
0 answers
137 views
Solving Rational Expectation Models Linear vs. Nonlinear
Since I am coding some linear New Keynesian models in python and solving them under rational expectations (using the method of undetermined coefficients/linear time iteration), I was wondering whether ...
0 votes
1 answer
55 views
Macroeconomic model or knowledge base representing connected industries in the world
I'm looking for data (model, Expert system, knowledge base) that describes how different industries and countries interact with each other. And the nature of the relationship between them. An example ...
2 votes
0 answers
82 views
Recursive Models of dynamic linear economics (Hansen / Sargent, 2014) - optimal linear regulator problem / solution of bellman equation p. 34 ff
The optimal linear regulator problem according to Hansen/Sargent, 2014, Recursive models of dynamic linear economies, on page 34 ff. is stated as follows: $-E\sum_{t=0}^{\infty}\beta^t[x_t' R x_t+u_t'...
1 vote
2 answers
494 views
Compute yield to maturity for a bond with coupons when price is different from face value
Given the formula $P = \sum_{t=1}^n \frac{CF_t}{(1+i)^t} $ we can apply it to the case of a bond with constant coupons so that : $\displaystyle P =\sum_{t=1}^n \frac{C}{(1+i)^t} + \frac{FV}{(1+i)^...
1 vote
0 answers
94 views
Constancy of current value Hamiltonian and numeric computations
I am playing with a simple, continuous time optimal growth problem to learn optimal control. The social planner chooses $c_t$ to maximize: $$\int_0^\infty e^{-\rho t}u(c_t)dt$$ where $$\dot k_t=f(k_t)-...
0 votes
2 answers
45 views
What are macro-economics simulations horizons and limits possible with exascale computing?
What are typical examples in literature of large scale simulations of macro-economies of our time as of 2019 and what will change with the introduction of exascale computing? In terms, are there ...
4 votes
1 answer
87 views
Stable marriage problem with transferable utilities
I'm looking for a package or a code (preferably in R) that finds the solution to the stable marriage problem with transferable utilities (Shapley and Shubik 1971). Specifically, I'm looking for one or ...
0 votes
0 answers
112 views
Generalized method of moments in Dynare
I am new to dynare. I am trying to replicate the calibration of the paper 'Structural transformation and aggregate productivity' by Margarida Duarte and Diego Restuccia. (Picture attached) In this ...