Mediaspace scheduled maintenance: Aug 25, 2026 07:00 - 12:00 AM. During this time, videos will be temporarily unavailable. Check status updates.

Concept

Real versus nominal value (economics)

Related publications (11)

Robust design using multiobjective optimisation and artificial neural networks with application to a heat pump radial compressor

Jürg Alexander Schiffmann, Soheyl Massoudi, Cyril Picard

Although robustness is an important consideration to guarantee the performance of designs under deviation, systems are often engineered by evaluating their performance exclusively at nominal conditions. Robustness is sometimes evaluated a posteriori throug ...

2022

Does Austerity Go Along With Internal Devaluations?

Luisa Lambertini, Christian Pröbsting

Cuts to government spending rather than increases in consumption taxes are statistically associated with internal devaluations in the euro area during the period 2010-2014. Countries that cut spending experienced a decline in nominal wages, rising net expo ...

2019

Does Austerity Go Along with Internal Devaluations?

Luisa Lambertini

2019

Three Essays in Banking and Finance

Damien Olivier Klossner

This thesis develops three models that study the motivation of various agents to take on debt, and the impact that excessive financial leverage can have on social welfare. In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...

EPFL2019

Advanced linear models for gyro-backward wave instabilities in gyrotrons

Jérémy Genoud

Parasitic oscillations excitation is one of the main point hindering high-power gyrotron operation for fusion application. These instabilities, besides being dangerous for the gyrotron components, could possibly degrade the electron beam quality before it ...

EPFL2019

Mortgage Default in an Estimated Model of the U.S. Housing Market

Luisa Lambertini, Pinar Uysal, Victoria Nuguer

This paper models the housing sector, mortgages and endogenous default in a DSGE setting with nominal and real rigidities. We use data for the period 1981-2006 to estimate our model using Bayesian techniques. We analyze how an increase in risk in the mortg ...

2017

Disruption mitigation by injection of small quantities of noble gas in ASDEX Upgrade

Basil Duval, Emiliano Fable

The most recent experiments of disruption mitigation by massive gas injection in ASDEX Upgrade have concentrated on small-relatively to the past-quantities of noble gas injected, and on the search for the minimum amount of gas necessary for the mitigation ...

Iop Publishing Ltd2017

Statistics of Test Results for the ITER Nb3Sn and NbTi Conductors in the SULTAN Facility

Pierluigi Bruzzone, Rainer Wesche, Kamil Sedlák, Boris Stepanov

The series production of Nb3Sn and NbTi cable-inconduit conductors (CICC) for the winding of various coils in the International Thermonuclear Experimental Reactor (ITER) magnet system is being completed in 2015. The tests of the ITER conductor samples are ...

IEEE Institute of Electrical and Electronics Engineers2016

Capital goods, measured TFP and growth: The case of Spain

Luis Franjo Garcia

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

Providing ancillary service with commercial buildings: the Swiss perspective

Colin Neil Jones, Ioannis Lymperopoulos, Faran Ahmed Qureshi, Ali Ahmadi Khatir, Xuan Truong Nghiem

Ancillary services constitute the cornerstone of the power grid. They allow for an efficient system operation, provide resilience to uncertainties and establish safeguards against unprecedented events. Their importance is growing due to the rise of grid de ...

2015

Pricing and hedging of inflation-indexed bonds in an affine framework

Damir Filipovic

This study deals with the pricing and hedging of inflation-indexed bonds. Under foreign exchange analogy we model the nominal short rate, real short rate and logarithm of the price index with an afflne Gaussian process. Using the underlying affine property ...

Elsevier2014