Understanding the Marginal Rate of Technical Substitution (MRTS)

Learn how the Marginal Rate of Technical Substitution (MRTS) allows firms to optimize production by substituting labor and ...
TechCrunch

Product-led growth and signal substitution syndrome: Bringing it all together

A few years back, my former colleagues and I at SiriusDecisions introduced what we called the Intent Data Framework (IDF). About a year ago, we updated the model to include non-behavioral signals and ...
International Monetary Fund

The Elasticity of Substitution Between Skilled and Unskilled Labor in Developing Countries: A Directed Technical Change Perspective

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We develop a model of endogenous skill-biased technical change in developing countries. The endogenous response to a rise ...
JSTOR Daily

Convergence Rate Analysis for the Alternating Direction Method of Multipliers with a Substitution Procedure for Separable Convex Programming

Mathematics of Operations Research, Vol. 42, No. 3 (August 2017), pp. 662-691 (30 pages) Recently, in He et al. [He BS, Tao M, Yuan XM (2012) Alternating direction method with Gaussian back ...
International Monetary Fund

The Pitfalls of Protectionism: Import Substitution vs. Export-Oriented Industrial Policy

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of ...