Jakob Grazzini
Biographic Data
| ID | 5730287 |
|---|---|
| NAME | Jakob Grazzini |
| GIVEN NAMES | Jakob |
| FAMILY NAME | Grazzini |
| SIGNATURE | GRAZZINI J |
| AFFILIATIONS | University of Pavia |
| ORCID | 0000-0001-7198-2361 |
| VERIFIED | Yes |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2012 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 0 |
Firm Ex Ante Heterogeneity, Entry and the Labour Share
This paper considers a two-sector real business cycle model augmented with firm heterogeneity and firm dynamics, and studies the steady state and dynamic properties of the model in response to a decline in the relative price of investment. It shows that both firm heterogeneity and entry play a crucial role in the decline in the labour share and the increase in capital intensity observed in the US economy. Using ORBIS firm-level data of the US eco…
Analysis of the Emergent Properties
This paper illustrates the use of the nonparametric Wald-Wolfowitz test to detect stationarity and ergodicity in agent-based models. A nonparametric test is needed due to the practical impossibility to understand how the random component influences the emergent properties of the model in many agent-based models. Nonparametric tests on real data often lack power and this problem is addressed by applying the Wald-Wolfowitz test to the simulated dat…
No prominent works on this page.
Analysis of the Emergent Properties
This paper illustrates the use of the nonparametric Wald-Wolfowitz test to detect stationarity and ergodicity in agent-based models. A nonparametric test is needed due to the practical impossibility to understand how the random component influences the emergent properties of the model in many agent-based models. Nonparametric tests on real data often lack power and this problem is addressed by applying the Wald-Wolfowitz test to the simulated dat…
Firm Ex Ante Heterogeneity, Entry and the Labour Share
This paper considers a two-sector real business cycle model augmented with firm heterogeneity and firm dynamics, and studies the steady state and dynamic properties of the model in response to a decline in the relative price of investment. It shows that both firm heterogeneity and entry play a crucial role in the decline in the labour share and the increase in capital intensity observed in the US economy. Using ORBIS firm-level data of the US eco…
Business cycle (1 work) · Complex Systems and Time Series Analysis (1 work) · Econometrics (1 work) · Economic Growth and Productivity (1 work) · Economic theories and models (1 work) · Economic Theory and Policy (1 work) · Economics (1 work) · Ergodicity (1 work) · Ex-ante (1 work) · Firm Innovation and Growth (1 work)