Publication
The impact of fiscal-monetary policy interactions on government size and macroeconomic performance
Related publications (50)
Applying general equilibrium models to environmental policy issues
Introduction to the application of computable general equilibrium models in environmental economics based on selected applications from research and policy consulting. ...
2023Backtracking Dynamical Cavity Method
Lenka Zdeborová, Freya Behrens, Barbora Hudcová
The cavity method is one of the cornerstones of the statistical physics of disordered systems such as spin glasses and other complex systems. It is able to analytically and asymptotically exactly describe the equilibrium properties of a broad range of mode ...
2023Optimization and equilibrium problems with discrete choice models
Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...
EPFL2022The Rebound Effects from Industrial Energy Efficiency Improvements
In energy policy, energy efficiency constitutes a central element in reducing domestic and, specifically, industrial en-ergy use. Unfortunately, the effectiveness of energy efficiency improvements in achieving its targets is known to be limited by rebound ...
EPFL2022Heterogeneity in decentralized asset markets
We study a canonical model of decentralized exchange for a durable good or asset, where agents are assumed to have time-varying, heterogeneous utility types. Whereas the existing literature has focused on the special case of two types, we allow agents' uti ...
ECONOMETRIC SOCIETY2022To pool or not to pool: Equilibrium, pricing and regulation
We study a transportation network company (TNC) that offers on-demand solo and pooling e-hail services in an aggregate mobility service market, while competing with transit for passengers. The market equilibrium is established based on a spatial driver–pas ...
2021Monopsony, Wage Bargaining and the Phillips Curve
With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms -- whether we have monopoly or monopsony power. This paper provides a model of wage bargaining in the labour market where workers have monopoly power over ...
2020Democratic Value and Money for Decentralized Digital Society
Classical monetary systems regularly subject the most vulnerable majority of the world's population to debilitating financial shocks, and have manifestly allowed uncontrolled global inequality over the long term. Given these basic failures, how can we avoi ...
2020Design space exploration through force-based grammar rule
Corentin Jean Dominique Fivet, Ioannis Mirtsopoulos
Design exploration frames the process of understanding design as a challenge and helps taming its complexity. It is a creative, but also paramount, process, that flourishes diversity, emergence and variability. The approaches used during this exploration s ...
2020Fiscal Policy, Relative Prices and Net Exports in a Currency Union
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 ...
2020