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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 ...
Studying the interaction of spin-polarized currents with the magnetization configuration is of high interest due to the possible applications and the novel physics involved. High-resolution magnetic imaging is one of the key techniques necessary for a bett ...
Nowadays, cartilage repair is a worldwide centre of interest due to the low potential of cartilage to heal spontaneously and the increasing number of patients around the world. One of the techniques to treat cartilage defect is to use autologous human seru ...
Within systems biology there is an increasing interest in the stochastic behaviour of biochemical reaction networks. An appropriate stochastic description is provided by the chemical master equation, which represents a continuous-time Markov chain (CTMC). ...
We present Netscope, a tomographic technique that infers the loss rates of network links from unicast end-to-end measurements. Netscope uses a novel combination of first- and second-order moments of end-to-end measurements to identify and characterize the ...
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We present the Input Acceptance of Transactional Memory (TM). Despite the large interest for performance of TMs, no existing research work has investigated the impact of solving a conflict that does not need to be solved. Traditional solutions for a TM to ...
Business interest associations play an important role in the decision making process of climate policy. In 2009, the revision of the Swiss CO2 law for designing post-2012 climate policy is at stake. This paper analyzes the positions and arguments of the Sw ...
We introduce here a new class of BODIPY-based Ca2+ indicators which can be derivatized with biological ligands that permit the localization of the indicators in living cells. The underivatized BODIPY-based Ca2+ indicator (BOCA-1) shows a 250-fold increase ...
Structural models of default calibrated to historical default rates, recovery rates, and Sharpe ratios typically generate Baa-Aaa credit spreads that are significantly below historical values. However, this "credit spread puzzle" can be resolved if one acc ...
Due to the current interest in nanotechnology, there is a strong desire for comprehensive knowledge on the underlying mechanisms governing the nanometric machining process. This article employs molecular dynamics to study nanomachining in ductile crystalli ...