Concept
Keynesian economics
Related publications (33)
Online Submodular Resource Allocation with Applications to Rebalancing Shared Mobility Systems
Maryam Kamgarpour, Andreas Krause, Ilija Bogunovic
Motivated by applications in shared mobility, we address the problem of allocating a group of agents to a set of resources to maximize a cumulative welfare objective. We model the welfare obtainable from each resource as a monotone DR-submodular function w ...
PMLR2021The role of demand in fostering product vs process innovation: a model and an empirical test
While the extant innovation literature has provided extensive evidence of the so-called "demand-pull" effect, the possible diverse impact of demand evolution on product vs process innovation activities has not been yet investigated. This paper develops a f ...
SPRINGER2020Monopsony, Wage Bargaining and the Phillips Curve
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms -- whether we have monopoly or monopsony power. This paper provides a model of wage bargaining in the labour market where workers have monopoly power over ...
2020Optimum design of low environmental impact structures through component reuse
Load-bearing systems (structures) in buildings and infrastructure contribute to a significant share of adverse environmental impacts (EI) because of resource- and energy-intensive fabrication. A currently overlooked circular economy strategy to reduce EI i ...
EPFL2020Dampened expectations in the Phillips Curve: A note
Dampened inflation expectations have a significant impact on the New Keynesian Phillips Curve. This dampening not only flattens the long run Phillips Curve, but it can also lead to a bias in the estimation of its short run slope. It also affects the respon ...
2019Regional Heterogeneity and the Refinancing Channel of Monetary Policy
We argue that the time-varying regional distribution of housing equity influences the aggregate consequences of monetary policy through its effects on mortgage refinancing. Using detailed loan-level data, we show that regional differences in housing equity ...
2019A machine learning approach for power gating the FPGA routing network
Mirjana Stojilovic, Hossein Asadi
Power gating is a common approach for reducing circuit static power consumption. In FPGAs, resources that dominate static power consumption lie in the routing network. Researchers have proposed several heuristics for clustering multiplexers in the routing ...
IEEE COMPUTER SOC2019Three Essays in Banking and Finance
This thesis develops three models that study the motivation of various agents to take on debt,
and the impact that excessive financial leverage can have on social welfare.
In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...
EPFL2019Public policy for innovation and urban environment
Technological innovation has become central to the development of nations. The OECD countries and developing countries have created systems to encourage innovation and dissemination of technological innovation. In macroeconomic terms, companies already rec ...
A World Resources Forum Production, PSI2017On the use of reservation-based autonomous vehicles for demand management
Nikolaos Geroliminis, Raphael Ali Francis Lamotte
Automated mobility on demand is foreseen as the future of urban passenger mobility. While mixed-traffic for autonomous and conventional vehicles could be considered, separation amplifies the benefits of automation. Combined with mobility as a service, sepa ...
2017