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Publications associées (51)

Regulating Europe's single railway market: Integrating performance and governance

Regulation of the European railway sector remains a central issue in the framework of the current liberalization process. From a regulatory perspective, the patchwork of national legislations and the delays in transposing and implementing the European Dire ...

2009

On the Benefits of a Monetary Union: does it pay to be bigger?

Chiara Forlati

A two area dynamic stochastic general equilibrium model is employed to investigate the welfare implications of losing monetary independence. Two policy regimes are compared: (i) in one area there is a common currency, while in the other area countries stil ...

Center for Fiscal Policy Working Paper Series2009

Optimal Fiscal Policy in a Monetary Union

Luisa Lambertini

We study optimal fiscal policy in a monetary union where monetary policy is decided by an independent central bank. We consider a two-country model with trade in goods and assets, augmented with sticky prices, labor income taxes and stochastic government c ...

Center for Fiscal Policy Working Paper Series2007

BB-M-DPOP: Structural Techniques for Budget-Balance in Distributed Implementations of Efficient Social Choice

Boi Faltings, Adrian Petcu, Wei Xue

We model social choice problems in which self interested agents with private utility functions have to agree on values for a set of variables subject to side constraints. The goal is to implement the efficient solution, maximizing the total utility across ...

2007

Bits through ARQs: Spectrum sharing with a primary packet system

Michael Christoph Gastpar

We study a problem motivated by cognitive radio in which the primary is a packet system that employs ARQ feedback. A secondary system is allowed to transmit in the same frequency band provided it ensures that the primary attains a specified target rate. Th ...

Ieee Service Center, 445 Hoes Lane, Po Box 1331, Piscataway, Nj 08855-1331 Usa2007

Monetary-Fiscal Interactions with a Conservative Central Bank

Luisa Lambertini

Abstract We study macroeconomic stabilization when monetary and fiscal policies interact via their effects on output and inflation and the monetary authority is more conservative than the fiscal. We find that monetary- fiscal interactions result in poor ma ...

2006

A Starburst-Shaped Heterometallic Compound Incorporating Six Densely Packed Gd3+ Ions

André Merbach, Alain Borel, Eva Jakab Toth, Joao Bruno Livramento Fig.

The heterotritopic ligand [bpy(DTTA)2]8- has two diethylenediamine-tetraacetate units for selective lanthanide(III) coordination and one bipyridine function for selective FeII coordination. In aqueous solution and in the presence of these metals, the ligan ...

2006

High Relaxivity Confined to a Small Molecular Space: A Metallostar-Based, Potential MRI Contrast Agent

André Merbach, Alain Borel, Eva Jakab Toth, Joao Bruno Livramento Fig.

Good things come in small packages: For its moderate molecular weight, the metallostar complex [Fe{Gd2L(H2O)4}3]4− (see picture; L is a bipyridine–poly(aminocarboxylate) derivative) displays exceptionally high proton relaxivity, which is explained in terms ...

2005

Strategic adaptation in global logistics partnerships

In modern supply chains, specialized companies called third party logistics providers1 (TPLs) realize a growing part of the logistics and supply chain functions. In parallel to this evolution, traditional manufacturers have raised their willingness and rea ...

EPFL2004

Interactions of Commitment and Discretion in Monetary and Fiscal Policies

Luisa Lambertini

We consider monetary-fiscal interactions when the monetary authority is more conservative than the fiscal. With both policies discretionary, (1) Nash equilibrium yields lower output and higher price than the ideal points of both authorities, (2) of the two ...

2003

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