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This paper inspects the 'deep' habits mechanism originally used by Ravn, Schmitt-Grohé and Uribe (2006) to generate the positive comovement of public and private consumption observed in many VAR studies. In their set-up, the price-elasticity of demand is p ...
Ghent University Faculty of Economics and Business Administration Working Paper 2010/6412011
We find and compare two simple fiscal rules. The first is a theoretical rule that approximates well Ramsey-optimal fiscal policy in a DSGE model calibrated to the U.S. economy over the period 1955:1 to 2007:3. The second is an empirical rule that approxima ...
This paper proposes a new modular multiplication method that uses Montgomery residues defined by a modulus M and a Montgomery radix R whose value is less than the modulus M. This condition enables the operand multiplier to be split into two parts that can ...
Corporate venture capital (CVC) programs have followed a strongly cyclical pattern in response to the ebbs and flows of the private and public equity markets. However, the role of these programs inside the firm has received far less study. What role do cor ...
This paper investigates whether monetary and exchange rate policies are important for the success of major fiscal adjustments. We assess their role controlling for other determinants of success identified in the literature, including the size and compositi ...
This paper presents a systematic computational study on the performance of distributed optimization in model predictive control (MPC). We consider networks of dynamically coupled systems, which are subject to input and state con- straints. The resulting MP ...
We develop new algebraic algorithms for scalar and vector network coding. In vector network coding, the source multicasts information by transmitting vectors of length L, while intermediate nodes process and combine their incoming packets by multiplying th ...
Institute of Electrical and Electronics Engineers2011
We report a study of the decays B -> D-s1(2536)+ (D) over bar (()()), where (D) over bar (()()) is (D) over bar (0), D- or D*(-), using a sample of 657 x 10(6)B (B) over bar pairs collected at the Y(4S) resonance with the Belle detector at the KEKB asymm ...
Tumbleweed is an architectural artifact that engages the private with the public, the exterior with the interior and the ideal with the real in a mirroring effect: the terms of their relationships are multiplied and transformed into a new understanding… ...
Growing demand for the solid state meters for power and energy measurement leads to the fully integrated Hall sensor based microsystem solutions. In this paper we describe fully integrated SOI Hall sensor based microsystem for power and energy measurements ...