Michael W M Roos
Biographic Data
| ID | 5737738 |
|---|---|
| NAME | Michael W M Roos |
| GIVEN NAMES | Michael W M |
| FAMILY NAME | Roos |
| SIGNATURE | ROOS M W M |
| AFFILIATIONS | Ruhr University Bochum |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 8 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
Empirical similarity for revealing the US interest rate policy
We model the Fed’s decisions about interest rate adjustments via the flexible nonlinear empirical similarity (ES) concept which relies on ideas of case-based reasoning particularly suitable for decision making under uncertainty. We postulate that the Fed’s adjustment decision in a given situation should be close to those in similar economic situations. We evaluate the empirical fit of the ES concept in comparison with the linear reaction function…
Information, Learning and Expectations in an Experimental Model Economy
The experimental ‘learning‐to‐forecast’ literature finds that subjects use simple linear backward‐looking models when forecasting in environments with little to no inout the economic framework. We study the formation of expectations in a laboratory economy of monopolistic firms and labour unions with almost complete knowledge of the model. We observe simple backward‐looking rules, but also a considerable share of model‐based expectations using in…
Nonexpert beliefs about the macroeconomic consequences of economic and noneconomic events
How important is geography for agglomeration
The economic geography literature distinguishes between two types of reasons for economic agglomeration. Regional concentration of economic activity can be attributed to "rst nature" meaning geographic advantages and disadvantages given by nature or to "second nature" meaning agglomeration economies by the interaction of economic agents. Several recent studies tried to estimate the relative importance of the two types of explanantion. Most of the…
How important is geography for agglomeration
The economic geography literature distinguishes between two types of reasons for economic agglomeration. Regional concentration of economic activity can be attributed to "rst nature" meaning geographic advantages and disadvantages given by nature or to "second nature" meaning agglomeration economies by the interaction of economic agents. Several recent studies tried to estimate the relative importance of the two types of explanantion. Most of the…
Nonexpert beliefs about the macroeconomic consequences of economic and noneconomic events
How important is geography for agglomeration
The economic geography literature distinguishes between two types of reasons for economic agglomeration. Regional concentration of economic activity can be attributed to "rst nature" meaning geographic advantages and disadvantages given by nature or to "second nature" meaning agglomeration economies by the interaction of economic agents. Several recent studies tried to estimate the relative importance of the two types of explanantion. Most of the…
Nonexpert beliefs about the macroeconomic consequences of economic and noneconomic events
Information, Learning and Expectations in an Experimental Model Economy
The experimental ‘learning‐to‐forecast’ literature finds that subjects use simple linear backward‐looking models when forecasting in environments with little to no inout the economic framework. We study the formation of expectations in a laboratory economy of monopolistic firms and labour unions with almost complete knowledge of the model. We observe simple backward‐looking rules, but also a considerable share of model‐based expectations using in…
Empirical similarity for revealing the US interest rate policy
We model the Fed’s decisions about interest rate adjustments via the flexible nonlinear empirical similarity (ES) concept which relies on ideas of case-based reasoning particularly suitable for decision making under uncertainty. We postulate that the Fed’s adjustment decision in a given situation should be close to those in similar economic situations. We evaluate the empirical fit of the ES concept in comparison with the linear reaction function…
Economics (4 works) · Econometrics (2 works) · Economic model (2 works) · Monetary economics (2 works) · Monetary Policy and Economic Impact (2 works) · Artificial Intelligence (1 work) · Auction Theory and Applications (1 work) · Complex Systems and Time Series Analysis (1 work) · Computer Science (1 work) · Credit Risk and Financial Regulations (1 work)