4 papers
Heterogeneous Agents in the Data Economy
Yongheng Hu
In this short paper, we define the investment ability of data investors in the data economy and its heterogeneity. We further construct an analytical heterogeneous agent model to d…
Trade Dynamics with Heterogeneous Fluctuations
Yongheng Hu
In this paper, we design two chapters to discuss trade dynamics with heterogeneous fluctuations, contributing new insights to macroeconomic issues related to international trade. I…
How Big Data Dilutes Cognitive Resources, Interferes with Rational Decision-making and Affects Wealth Distribution ?
Yongheng Hu
Big data has exponentially dilated consumption demand and speed, but can they all be converted to utility? We argue about the measures of consumption and utility acquisition in CRR…
The Nexus between Dataization and Technological Progress in General Equilibrium of Macroeconomics
Yongheng Hu
In this paper, we construct an analytical model of the data economy with empirical evidence to explain the nexus between dataization and technological progress in general equilibri…