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By the year 2016 every member of the World Trade Organization (WTO) has to comply with its agreement on the protection of intellectual property rights (IPR), Trade-related Aspects of Intellectual Property Rights (TRIPS or the Agreement). This implies that ...
We study trade policy in a two-sector Krugman-type trade model with home market effects. We allow for three different instruments: tariffs, export taxes and production subsidies. For each instrument, we consider unilateral trade policy without retaliation. ...
A two-country general equilibrium model with large wage setters and conservative monetary authorities is employed to investigate the welfare implications of three international monetary regimes: i) non-cooperative, ii) cooperative, and iii) monetary union. ...
Designing a communication protocol for sensor networks often involves obtaining the "right" trade-off between energy efficiency and reliability. In this paper, we show that network coding provides a means to elegantly balance these two goals. We present th ...
We study whether monetary policy should target the exchange rate in a two-country model with non-atomistic wage setters, non-traded goods and different degrees of exchange- rate pass through. Commitment to an exchange rate target reduces the labor market d ...
This paper constructs an intellectual property rights (IPR) index based on the World Trade Organization's Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement for 53 developing countries. TRIPS agreement attempts to standardize the minim ...
We report evidence that the co-movements of index options and index futures quotes differ sharply from perfect correlation in periods with option trades. In half-hour intervals with (without) option trades 25% (12%) of call option quote changes have either ...
Airlines schedules are built such as to maximize expected profit. Such schedules turn out to be more sensitive to delays and are hence unstable. The trend has thus evolved towards robust schedules, trading off between sensitivity with respect to disruption ...
We consider source coding with a fidelity criterion, channel coding with a channel input constraint, and the combined problem of reproducing a source across a noisy channel. All three cases face a similar tradeoff between resource and performance, and the o ...
This paper presents a modelling methodology for the top-down/bottom-up design of RF systems based on systematic use of VHDL-AMS models. The model interfaces are parameterizable and pin-accurate. The designer can choose to parameterize the models using perf ...
