Capital goods, measured TFP and growth: The case of Spain
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Lignocellulosic biomass is a potential renewable resource for production of high-value, sustainable products. Furfural is among the important bio-based chemicals in biorefineries. However, the conventional process of furfural production using a reaction-se ...
This paper examines the minimization of the cost for an expected random production output, given an assembly of finished goods from two random inputs, matched in two categories. We describe the optimal input portfolio, first using the standard normal appro ...
Lensless imaging can provide visual privacy due to the highly multiplexed characteristic of its measurements. However, this alone is a weak form of security, as various adversarial attacks can be designed to invert the one-to-many scene mapping of such cam ...
Years of globalization, outsourcing and cost cutting have increased supply chain vulnerability calling for more effective risk mitigation strategies. In our research, we analyze supply chain disruptions in a production setting. Using a bilevel optimization ...
In this article, we review the growing literature on financial technology (FinTech) lending-the provision of credit facilitated by technology that improves the customer-lender interaction or used in lenders' screening and monitoring of borrowers. FinTech l ...
This thesis develops three models that study the motivation of various agents to take on debt,
and the impact that excessive financial leverage can have on social welfare.
In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...
In recent years, a new additive manufacturing technology Melt Electrowriting (MEW) has become attractive, especially for biomedical applications, and it has potential in many other fields as well. In order to carry out an in-depth study of melt electrowrit ...
In the transition to a sustainable energy system, energy communities have unique advantages; they require no additional land and allow inhabitants to reduce their energy bills. Nowadays, each shareholder’s profit is calculated based on their share of inves ...
We build a model of endogenous, innovation-driven growth in which innovative firms have costly access to outside financing and hoard cash reserves to maintain financial flexibility. We show that financing frictions slow down Schumpeterian creative destruct ...
Central to global agreement on carbon emissions are strategic interactions amongst regions over abatement policy and the benefits to be shared. These are re-examined in this paper, in which benefits from mitigation stem from a meta-analysis that links carb ...
