Results 21 to 30 of about 265,192 (265)

Optimal inflation policy [PDF]

open access: yesJournal of Monetary Economics, 1981
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 ...
openaire   +1 more source

Distillation Policy Optimization

open access: yesCoRR, 2023
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 ...
openaire   +2 more sources

Optimal Fiscal Policy [PDF]

open access: yesSSRN Electronic Journal, 2013
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.
openaire   +7 more sources

Assessment of Policy Changes to Means-Tested Age Pension Using the Expected Utility Model: Implication for Decisions in Retirement

open access: yesRisks, 2017
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
doaj   +1 more source

Revisiting Information Detection and Energy Harvesting: A Power Splitting-Based Approach

open access: yesEntropy, 2020
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
doaj   +1 more source

Evaluating the effectiveness of a multifaceted intervention to reduce low-value care in adults hospitalized following trauma: a protocol for a pragmatic cluster randomized controlled trial

open access: yesImplementation Science, 2023
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
doaj   +1 more source

On optimal polling policies [PDF]

open access: yesQueueing Systems, 1992
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Zhen Liu 0001   +2 more
openaire   +2 more sources

Optimal joint RAN selection and resource allocation strategy in HetNet under Co-channel and user centric deployment

open access: yesDyna, 2019
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
doaj   +1 more source

Strategic deviations in optimal monetary policy

open access: yesSwiss Journal of Economics and Statistics, 2021
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
doaj   +1 more source

Optimal Maintenance Policy for Offshore Wind Systems

open access: yesEnergies, 2021
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
doaj   +1 more source

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