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Unemployment differentials are bigger in Europe than in the United States. Migration responds to unemployment differentials, though the response is smaller in Europe. Mundell (1961) argued that factor mobility is a precondition for a successful currency un ...
Event cameras are revolutionary sensors that work radically differently from standard cameras. Instead of capturing intensity images at a fixed rate, event cameras measure changes of intensity asynchronously, in the form of a stream of events, which encode ...
Nuclear magnetic resonance (NMR) spectroscopy is one of the most powerful and informative methods to probe molecular dynamics. Specifically, chemical exchange is an important phenomenon and one of the earliest and most vigorously investigated in NMR spectr ...
We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...
This paper presents a joint typicality framework for encoding and decoding nested linear codes in multi-user networks. This framework provides a new perspective on compute–forward within the context of discrete memoryless networks. In particular, it establ ...
We study the optimal volatility of the exchange rate in a two-country model with sectoral non-atomistic wage setters, non-traded goods, nominal rigidities and alternative pricing assumptions – producer or local currency pricing. Labor unions internalize th ...
By monitoring the effect of deuterium decoupling on the decay of transverse N-15 magnetization in D-N-15 spin pairs during multiple-refocusing echo sequences, we have determined fast D-D exchange rates k(D) and compared them with fast H-H exchange rates k( ...
Gammarids were exposed to sediments from a deposition site located on the Rhone River (France) downstream of a fluoropolymer manufacturing plant. Gammarids accumulated to various extents four long-chain perfluoroalkyl carboxylic acids (PFCAs) from C-9 to C ...
A new achievable rate region is given for the Gaussian cognitive many-to-one interference channel. The proposed novel coding scheme is based on the compute-and-forward approach with lattice codes. Using the idea of decoding sums of codewords, our scheme im ...
Institute of Electrical and Electronics Engineers2015
The ability to issue debt that pays in units of the domestic good leads a country to accumulate a large and negative net foreign asset position while maintaining a positive position in equity. This debt market advantage also helps to explain the weak relat ...