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Publications associées (10)
Gradient-based optimisation of the conditional-value-at-risk using the multi-level Monte Carlo method
Fabio Nobile, Sundar Subramaniam Ganesh
In this work, we tackle the problem of minimising the Conditional-Value-at-Risk (CVaR) of output quantities of complex differential models with random input data, using gradient-based approaches in combination with the Multi-Level Monte Carlo (MLMC) method ...
2022Austerity in the Aftermath of the Great Recession
Cross-country differences in austerity, defined as government purchases below forecast, account for 75 percent of the observed cross-sectional variation in GDP in advanced economies during 2010-2014. Statistically, austerity is associated with lower GDP, l ...
2019PROGRESS TOWARDS THE RESOURCE REVOLUTION
Based on the key outputs of the WRF 2017 conference and the work performed during and after the review process in 2018 we are proud to announce this book entitled ‘Progress Towards the Resource Revolution’ which presents innovations and approaches that sup ...
World Resources Forum2019AUSTERITY IN THE AFTERMATH OF THE GREAT RECESSION
We examine austerity in advanced economies since the Great Recession. Austerity shocks are reductions in government purchases that exceed reduced-form forecasts. Austerity shocks are statistically associated with lower real GDP, lower inflation and higher ...
NBER2017