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This paper studies the effects of fiscal policy on net exports, the terms of trade and expenditure switching. Using data on government spending and consumption taxes for twelve euro area countries over 1996 to 2018, it shows that fiscal austerity shocks im ...
Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...
Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...
Little is known about the life-history trade-offs and limitations, and the physiological mechanisms that are associated with phenotypic adaptation to future ocean conditions. To address this knowledge gap, we investigated the within-and trans-generation li ...
Quantum memory management is becoming a pressing problem, especially given the recent research effort to develop new and more complex quantum algorithms. The only existing automatic method for quantum states clean-up relies on the availability of many extr ...
Today, security can no longer be treated as a secondary issue in embedded and cyber-physical systems. Therefore, one of the main challenges in these domains is the design of secure embedded systems under stringent resource constraints and real-time require ...
Today, security can no longer be treated as a secondary issue in embedded and cyber-physical systems. Therefore, one of the main challenges in these domains is the design of secure embedded systems under stringent resource constraints and real-time require ...
What-if analysis is a data-intensive exploration to inspect how changes in a set of input parameters of a model influence some outcomes. It is motivated by a user trying to understand the sensitivity of a model to a certain parameter in order to reach a se ...
We exploit differences across U.S. states' exposure to trade to study the effects of changes in the exchange rate on economic activity. Across states, trade-weighted exchange rate depreciations are associated with increased state exports, reduced state une ...
A tolerancing method highlighting trade-offs against key design variables of mechanical systems is proposed and applied to herringbone-grooved gas journal bearings. Gas bearings typically suffer from a subsynchronous instability, demanding a very tight tol ...