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Concept

Keynesian economics

Related publications (10)

The role of demand in fostering product vs process innovation: a model and an empirical test

Gabriele Pellegrino

While the extant innovation literature has provided extensive evidence of the so-called "demand-pull" effect, the possible diverse impact of demand evolution on product vs process innovation activities has not been yet investigated. This paper develops a f ...

SPRINGER2021

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

On the use of reservation-based autonomous vehicles for demand management

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

Automated mobility on demand is foreseen as the future of urban passenger mobility. While mixed-traffic for autonomous and conventional vehicles could be considered, separation amplifies the benefits of automation. Combined with mobility as a service, sepa ...

2017

The Question of Ownership in a Sharing Economy

Thomas Alois Weber

The sharing of durable goods in a dynamic ownership economy is attractive, since it has the potential to realize gains from trade via short-term transfers of usage rights. We develop a model in which a set of agents, who are heterogeneous in their likely n ...

IEEE2015

Essays in Dynamic Corporate Finance

Francesca Maria Zucchi

This thesis examines the effects of financing frictions on corporate decisions using dynamic models. Accounting for financing frictions helps reconcile a number of regularities that are hard to explain within the Modigliani-Miller framework. For instance, ...

EPFL2015

Financial Frictions within the Macroeconomy : Policy Analysis from an Empirical and Theoretical Perspective

Victoria Nuguer

Financial factors are central to the recent economic crisis. Most macroeconomic models treat banks and financial intermediation as a veil. These models are unable to account for the recent financial crisis and they cannot be used for policy evaluation. Fin ...

EPFL2014

Geomorphic signatures on brutsaert base flow recession analysis

Andrea Rinaldo, Marc Parlange, Enrico Bertuzzo, Steven Vincent Weijs, Raphaël Mutzner, Ludovico Nicotina, Serena Ceola

This paper addresses the signatures of catchment geomorphology on base flow recession curves. Its relevance relates to the implied predictability of base flow features, which are central to catchment-scale transport processes and to ecohydrological functio ...

American Geophysical Union2013

Crowding of crowding leads to uncrowding

Michael Herzog, Mauro Manassi

In crowding, target discrimination is impaired by flanking elements. What happens if a target is neighbored by flankers A and in addition by further flankers B? According to pooling models, crowding is the consequence of averaging features of target and fl ...

2013

Toroidal drift precession and wave - particle interaction in shaped tokamaks with infinite beta and neoclassical equilibrium effects

Jonathan Graves

The drift kinetic equation is analysed for linear instabilities that are sensitive to the toroidal drift motion of long-mean free path particle populations. The interaction Lagrangian is resolved, and the toroidal drift precession evaluated for realistic t ...

IOP2013

The Structure of Optimal Consumption Streams in General Incomplete Markets

Semyon Malamud

We prove that for any incomplete market and any concave utility function the marginal propensities to consume and to save are always positive. Furthermore, we intro- duce a class of incomplete markets that includes almost all well known examples of market ...

2007