HIGHLIGHTS
- who: Yeonggyu Yun and Hye-Young Jung from the Department of Applied Mathematics, Hanyang University, Gyeonggi, Korea have published the research work: Effects of Uncertainty Shocks on Household Consumption and Working Hours: A Fuzzy Cognitive Map-Based Approach, in the Journal: Mathematics 2020, 8, 889 of /2020/
- what: The authors design a system in which households adjust their consumption and working hours in response to uncertainty shocks introduced to the economy as a whole. The authors compare the simulated results to those obtained from the simulation in which government expenditure also increases by one standard . . .
If you want to have access to all the content you need to log in!
Thanks :)
If you don't have an account, you can create one here.