Results 61 to 70 of about 571,966 (183)

CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley   +1 more source

The Debt‐Equity Spread

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We propose a measure of the valuation gap between debt and equity—debt‐equity spread (DES)—based on the difference between actual and equity‐implied credit spreads. DES predicts cross‐sectional stock and bond returns in opposite directions.
HUI CHEN, ZHIYAO CHEN, JUN LI
wiley   +1 more source

Innovation and Structural Design in Regionalized Supply Networks

open access: yesJournal of Supply Chain Management, EarlyView.
ABSTRACT Regionalization is reshaping global supply networks (SNs) as firms respond to geopolitical, economic, and institutional pressures. Yet extant research has not examined how patterns of structural adaptation associated with regionalization may influence innovation. In this paper, we develop a typology of three theoretically grounded archetypes: (
Kevin J. Dooley   +2 more
wiley   +1 more source

Robust Mean–Variance Portfolio Optimization: Mean–Variance–Variance Criterion Versus Mean–Variance–Standard Deviation Criterion

open access: yesMathematical Finance, EarlyView.
ABSTRACT We study a dynamic portfolio optimization problem under the mean–variance–variance (M‐V‐V) criterion proposed by Maccheroni et al. It is an analogue of the Arrow–Pratt approximation to the well‐known smooth ambiguity model. Under the standard Black–Scholes framework, we derive fully explicit equilibrium investment strategies in which a DM's ...
David Landriault, Bin Li, Yuanyuan Zhang
wiley   +1 more source

Inference and Imagination

open access: yesTopics in Cognitive Science, EarlyView.
Abstract Our ability to imagine alternatives to reality is central to everyday cognition. Our competence in reasoning depends not only on our capacity to envisage the relevant facts, but also on our proficiency in simulating alternatives to them. I discuss how our skill in making deductive inferences depends on imagining possibilities. To illustrate, I
Ruth M. J. Byrne
wiley   +1 more source

Self‐Similar Blowup for the Cubic Schrödinger Equation

open access: yesCommunications on Pure and Applied Mathematics, Volume 79, Issue 8, Page 1831-1918, August 2026.
ABSTRACT We give a rigorous proof for the existence of a finite‐energy, self‐similar solution to the focusing cubic Schrödinger equation in three spatial dimensions. The proof is computer‐assisted and relies on a fixed point argument that shows the existence of a solution in the vicinity of a numerically constructed approximation.
Roland Donninger, Birgit Schörkhuber
wiley   +1 more source

Dynamical Modulation of Dual‐Band Thermal Emission in a Graphene‐2D‐hBN‐LiV2O5 Heterostructure

open access: yesNanophotonics, Volume 15, Issue 13, 13 July 2026.
A van der Waals heterostructure combining graphene, 2D‐hBN, and LiV2O5 enables dynamically tunable dual‐band mid‐infrared thermal emission with narrow spectral features. Plasmon–phonon strong coupling yields five hybrid polariton branches, whereas coupled‐oscillator models quantify mode mixing and Rabi splittings (up to 27.72 meV via hBN‐thickness ...
Yuhui Cai   +8 more
wiley   +1 more source

Tetrazine Ligation in Living Systems: Beyond Fast Kinetics to Effective Bioorthogonality

open access: yesChemistry – A European Journal, Volume 32, Issue 26, 11 July 2026.
Rapid reaction kinetics (k2) alone do not ensure successful tetrazine ligation in living systems. This review introduces ‘effective orthogonality’—focusing on chemical survival, availability, and encounter—as a practical framework. We highlight how bottlenecks shift from cellular sinks to in vivo delivery limits, offering design strategies for reliable
Junhyeong Yim   +3 more
wiley   +1 more source

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