政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/66028

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113648/144635 (79%)
Visitors : 51613381 Online Users : 199

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 社會科學學院 > 經濟學系 > 期刊論文 > Item 140.119/66028

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/66028

Title:	Social Networks, Social Interaction and Macroeconomic Dynamics: How Much Could Ernst Ising Help DSGE?
Authors:	陳樹衡 Chen, Shu-Heng;Chang, Chia-Ling;Tseng, Yi-Heng
Contributors:	經濟系
Keywords:	New Keynesian DSGE (dynamic stochastic general equilibrium) model;Adaptive belief system;Social network;Ising model;Market sentiment
Date:	2014.01
Issue Date:	2014-05-14 12:18:35 (UTC+8)
Abstract:	In this paper, two different versions of the agent-based DSGE (dynamic stochastic general equilibrium) model are studied in comparison The first version is the mesoscopic modeling of market sentiment using the Brock–Hommes adaptive belief system (ABS). The second version is the microscopic modeling of market sentiment by applying the Ising model to different social networks. The issue is to examine whether the distribution of market sentiment generated by the ABS machine can emerge from some kinds of local mimetic interactions, and hence the macroeconomic behavior of the two versions will be essentially the same. Our simulation results show that it is rather hard to have the equivalence of these two versions in the Kolmogorov–Smirnov sense. Hence, directly incorporating social networks and social interactions into microscopic modeling has its own values and may not be replaced or simplified by the mesoscopic counterpart.
Relation:	Research in International Business and Finance, 30, 312-335
Data Type:	article
DOI 連結:	http://dx.doi.org/http://dx.doi.org/10.1016/j.ribaf.2012.08.004
DOI:	10.1016/j.ribaf.2012.08.004
Appears in Collections:	[經濟學系] 期刊論文

Files in This Item:

File	Description	Size	Format
312335.pdf		3918Kb	Adobe PDF2	884	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...