Effects of Uncertainty Shocks on Household Consumption and Working Hours: A Fuzzy Cognitive Map-Based Approach
This paper aims to model an individual’s decision-making process in relation to macroeconomic dynamics that involve a large number of variables, which might inflict dimensionality issue in empirical analysis. We employ the fuzzy cognitive map (FCM) for this purpose, and present a parsimonious approa...
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| Principais autores: | , |
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| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
MDPI AG
2020-06-01
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| Serier: | Mathematics |
| Fag: | |
| Online adgang: | https://www.mdpi.com/2227-7390/8/6/889 |
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