Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity
ABSTRACT We study the role of asset revaluation in the monetary transmission mechanism. We build an analytical heterogeneous‐agents model with two main ingredients: (i) rare disasters and (ii) heterogeneous beliefs. The model captures time‐varying risk premia and precautionary savings in a setting that nests the textbook New Keynesian model.
NICOLAS CARAMP, DEJANIR H. SILVA
wiley +1 more source
Electronic Patient File-Embedded Model-Informed Precision Dosing Compared with Physician Dosing of Tacrolimus in Kidney Transplantation. [PDF]
Model‐informed precision dosing (MIPD) of tacrolimus in renal allograft recipients, evaluated in silico, demonstrated improved (time to and) probability of target concentration attainment and smaller deviations from target range. Using simulated tacrolimus concentration‐time profiles, a study of 200 patients was predicted to have sufficient power to ...
Kuypers DRJ +6 more
europepmc +2 more sources
José Raúl Rodríguez Rodríguez +22 more
semanticscholar +1 more source
Comparative proteomics analysis of root and nodule mitochondria of soybean
Abstract Legumes perform symbiotic nitrogen fixation through rhizobial bacteroids housed in specialised root nodules. The biochemical process is energy‐intensive and consumes a huge carbon source to generate sufficient reducing power. To maintain the symbiosis, malate is supplied by legume nodules to bacteroids as their major carbon and energy source ...
Wai‐Ching Sin +4 more
wiley +1 more source
ANN-Based Online Parameter Correction for PMSM Control Using Sphere Decoding Algorithm. [PDF]
Akinwumi JO +4 more
europepmc +1 more source
Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks
ABSTRACT In contrast to the “quiet” politics of the pre‐2008 period, macroeconomic policy has become “noisy”. This break raises a question: How do independent agencies designed for quiet politics react when a contentious public turns the volume up on them?
Benjamin Braun, Maximilian Düsterhöft
wiley +1 more source
Robust Model Predictive Control with a Dynamic Look-Ahead Re-Entry Strategy for Trajectory Tracking of Differential-Drive Robots. [PDF]
Guffanti D +7 more
europepmc +1 more source
Fiscal policy and economic activity: new causal evidence
Abstract Utilizing a quasi‐natural experiment design, we identify an exogenous cut in local taxes accompanied by an equivalent reduction in local government spending, and we estimate the impact of these exogenous changes on income. We exploit a unique regional dataset that combines local income data with local voting outcomes on current expense tax ...
David M. Brasington, Marios Zachariadis
wiley +1 more source
Non-linear model predictive control for variable speed hydropower. [PDF]
Nepal T +5 more
europepmc +1 more source
A Consideration of Fiscal Targetry
ABSTRACT The UK's current fiscal rules and framework are not fit for purpose. Try as they might, the rules are more “honor'd in the breach than the observance”. They have introduced an unintended incentive on the margin (at fiscal events) to trade off government investment for government consumption.
Jagjit S. Chadha
wiley +1 more source

