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Globalization, Divergence and Stagnation [PDF]
In a world where poor countries provide weak protection for intellectual property rights, market integration will systematically shift technical change in favor of rich nations. For this reason, free trade can increase international income differences. At the same time, integration with countries where intellectual property rights are weakly protected ...
Gino Gancia, Gino Gancia
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Liquidity traps, learning and stagnation [PDF]
We examine global economic dynamics under learning in a New Keynesian model in which the interest-rate rule is subject to the zero lower bound. Under normal monetary and fiscal policy, the intended steady state is locally but not globally stable. Large pessimistic shocks to expectations can lead to deflationary spirals with falling prices and falling ...
Evans, George W., 1949-+2 more
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Connections between summer air pollution and stagnation
The body of literature on ambient air pollution suggests that atmospheric stagnation events trigger high levels of air pollution. In this paper we use fifteen years (2000–2014) of summertime in situ air quality measurements together with meteorological ...
Gaige Hunter Kerr, Darryn W Waugh
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Detailed Review of Stagflation and Recession [PDF]
This paper thoroughly analyzes stagflation and recession along with their causes, effects and approaches to resolve them. Detailed literature on stagflation and recession provides value added analysis.
Liu Yuhao
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Stagnation Detection with Randomized Local Search* [PDF]
Recently a mechanism called stagnation detection was proposed that automatically adjusts the mutation rate of evolutionary algorithms when they encounter local optima.
A. Rajabi, C. Witt
semanticscholar +1 more source
Stagnation detection in highly multimodal fitness landscapes [PDF]
Stagnation detection has been proposed as a mechanism for randomized search heuristics to escape from local optima by automatically increasing the size of the neighborhood to find the so-called gap size, i. e., the distance to the next improvement.
A. Rajabi, C. Witt
semanticscholar +1 more source
The Economy of the Pandemic: A Far Eastern Russian Aspect [PDF]
The article presents continuation of analysis of national and international aspects in assessment of economic after-effects of a new corona virus pandemic.
Pavel Aleksandrovich Minakir
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Drinking water stagnation can lead to degradation of chlorine residual, bacterial growth (including of opportunistic pathogens and nitrifiers), and metals release from plumbing materials; however, few studies have characterized building water quality and
Hannah Greenwald+15 more
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We provide a Keynesian growth theory in which pessimistic expectations can lead to very persistent, or even permanent, slumps characterized by high unemployment and weak growth. We refer to these episodes as stagnation traps, because they consist in the joint occurrence of a liquidity and a growth trap.
Luca Fornaro, Gianluca Benigno
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Variable Legionella Response to Building Occupancy Patterns and Precautionary Flushing
When stay-at-home orders were issued to slow the spread of COVID-19, building occupancy (and water demand) was drastically decreased in many buildings. There was concern that widespread low water demand may cause unprecedented Legionella occurrence and ...
William J. Rhoads+4 more
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