Annual Review of Economics, Vol. 11 (2019), pp. 273-301 (29 pages) What quantitative lessons can we learn from models of endogenous technical change through innovative investments by firms for the ...

Economic planners use economic models and forecasting research to organize a firm's life to respond to the inevitable changes of the broader economy. Production planning does this in response to ...

How well stress tests measure a bank’s ability to survive adverse conditions depends on the statistical modeling approach used. Banks can access data on loan characteristics to precisely estimate ...

In a 1994 monograph, two of the authors criticized the use of trading models to estimate aggregate damages in open-market class action securities fraud litigation.[1] We argued that trading models ...