Concept

Long run and short run

Publications associées (43)

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Classical nucleation theory predicts the shape of the nucleus in homogeneous solidification

Michele Ceriotti, Bingqing Cheng, Gareth Aneurin Tribello

Macroscopic models of nucleation provide powerful tools for understanding activated phase transition processes. These models do not provide atomistic insights and can thus sometimes lack material-specific descriptions. Here, we provide a comprehensive fram ...

AMER INST PHYSICS2020

SBFT: a Scalable and Decentralized Trust Infrastructure

Dragos-Adrian Seredinschi

SBFT is a state of the art Byzantine fault tolerant state machine replication system that addresses the challenges of scalability, decentralization and global geo-replication. SBFT is optimized for decentralization and is experimentally evaluated on a depl ...

IEEE COMPUTER SOC2019

Dampened expectations in the Phillips Curve: A note

Charles Cosme Henri Dennery

Dampened inflation expectations have a significant impact on the New Keynesian Phillips Curve. This dampening not only flattens the long run Phillips Curve, but it can also lead to a bias in the estimation of its short run slope. It also affects the respon ...

2019

Job turnover makes a wage Phillips Curve less forward-looking, with a smaller coefficient for inflation expectations. Workers discount future wage income with a low discount factor if there is a strong flow of job turnover; this implies that future inflati ...

2019

Investment Dynamics with Natural Expectations

Andreas Fuster

We study an investment model in which agents have the wrong beliefs about the dynamic properties of fundamentals. Specifically, we assume that agents underestimate the rate of mean reversion. The model exhibits the following six properties: (i) Beliefs are ...

2018

From Infinite to Finite Programs: Explicit Error Bounds with Applications to Approximate Dynamic Programming

Daniel Kuhn, John Lygeros, Peyman Mohajerin Esfahani, Tobias Sutter

We consider linear programming (LP) problems in infinite dimensional spaces that are in general computationally intractable. Under suitable assumptions, we develop an approximation bridge from the infinite-dimensional LP to tractable finite convex programs ...

2018

The Battle of the Schedulers: FreeBSD ULE vs. Linux CFS

Willy Zwaenepoel, Baptiste Joseph Eustache Lepers, Sébastien Chevalley, Justinien Gérard Alain Bouron

This paper analyzes the impact on application performance of the design and implementation choices made in two widely used open-source schedulers: ULE, the default FreeBSD scheduler, and CFS, the default Linux scheduler. We compare ULE and CFS in otherwise ...

2018

The Battle of the Schedulers: FreeBSD ULE vs. Linux CFS

Willy Zwaenepoel, Baptiste Joseph Eustache Lepers, Sébastien Chevalley, Justinien Gérard Alain Bouron

USENIX ASSOC2018

The effect of investing in equipment and/or structures on TFP and long run growth is investigated here. We argue that economies can grow in spite of stagnant TFP if the investment rate is inefficiently high. We study the case of Spain where real GDP per wo ...

Elsevier Science Bv2016

Robust Growth-Optimal Portfolios

Daniel Kuhn, Napat Rujeerapaiboon, Wolfram Wiesemann

The growth-optimal portfolio is designed to have maximum expected log-return over the next rebalancing period. Thus, it can be computed with relative ease by solving a static optimization problem. The growth-optimal portfolio has sparked fascination among ...

Informs2016