Results 21 to 30 of about 265,192 (265)
Optimal inflation policy [PDF]
Abstract This paper considers the problem of optimal long-run monetary policy. It shows that optimal inflation policy involves trading off two quite different considerations. First, increases in the rate of inflation tax the holding of many balances, leading to a deadweight loss as excessive resources are devoted to economizing on cash balances ...
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Distillation Policy Optimization
While on-policy algorithms are known for their stability, they often demand a substantial number of samples. In contrast, off-policy algorithms, which leverage past experiences, are considered sample-efficient but tend to exhibit instability. Can we develop an algorithm that harnesses the benefits of off-policy data while maintaining stable learning ...
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This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. We combine the reduced-form model of the economy from a linear VAR with a non-linear welfare function and obtain analytic solutions for optimal policy.
Lukkezen, J., Teulings, C.
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Means-tested pension policies are typical for many countries, and the assessment of policy changes is critical for policy makers. In this paper, we consider the Australian means-tested Age Pension.
Johan G. Andréasson +1 more
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Revisiting Information Detection and Energy Harvesting: A Power Splitting-Based Approach
Wireless sensors are becoming essential in machine-type communications and Internet of Things. As the key performance metrics, the spectral efficiency as well as the energy efficiency have been considered while determining the effectiveness of sensor ...
Jaehong Kim +4 more
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Background While simple Audit & Feedback (A&F) has shown modest effectiveness in reducing low-value care, there is a knowledge gap on the effectiveness of multifaceted interventions to support de-implementation efforts.
Lynne Moore +23 more
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On optimal polling policies [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Zhen Liu 0001 +2 more
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In this article, a joint Radio Access Network selection strategy and a sub-channel resource allocation scheme are introduced, where the downlink of a two-tier HetNet system is deployed in a co-channel deployment.
Juan Carlos Montoya, Natalia Gaviria
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Strategic deviations in optimal monetary policy
This paper investigates the circumstances under which a central bank is more or less likely to deviate from the optimal monetary policy rule. The research question is addressed in a simple New Keynesian dynamic stochastic general equilibrium (DSGE) model
Fabio Canetg
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Optimal Maintenance Policy for Offshore Wind Systems
Employing maintenance threshold plays a critical step in determining an optimal maintenance policy for an offshore wind system to reduce maintenance costs while increasing system reliability.
Vincent F. Yu +3 more
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