Concept
Euro
Related publications (15)
Asset purchases, limited asset markets participation and inequality
This paper analyses the effects of quantitative easing (QE) on households' income and consumption inequality in the Euro Area. Using a SVAR with high frequency identification, I show that an identified QE shock is redistributive and expansionary. To ration ...
ELSEVIER2023UNDERGRAD: A Universal Black-Box Optimization Method with Almost Dimension-Free Convergence Rate Guarantees
Volkan Cevher, Kimon Antonakopoulos
Universal methods for optimization are designed to achieve theoretically optimal convergence rates without any prior knowledge of the problem’s regularity parameters or the accurarcy of the gradient oracle employed by the optimizer. In this regard, existin ...
2022Does Austerity Go Along With Internal Devaluations?
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 ...
2019Detecting Vortex Burst on a Rotating Low-Aspect Ratio Plate
This work experimentally examines the phenomenon of leading-edge vortex (LEV) burst in a low aspect ratio rotating plate. Through stereoscopic particle image velocimetry (SPIV) about chrodwise planes, the evolutionary track of the vortex is detailed from i ...
2015