Publications related to Economic policy

Frihet, sikkerhet, forstaden: Brev fra Amerika

Why have countries formerly leading public policies of housing – Norway, the U.K., France, etc. – shifted towards privatizing accommodation from the late 1970s? Have these States merely let go of housing and handed it over to private interests in the name ...

2024

Dynamic power budget redistribution under a power cap on multi-application environments

Luis Maria Costero Valero

We present a two-level implementation of an infrastructure that allows performance maximization under a power-cap on multi-application environments with minimal user intervention. At the application level, we integrate BAR (Power Budget-Aware Runtime Sched ...

ELSEVIER2023

Optimal containment control for a class of heterogeneous multi-agent systems with actuator faults

Ju Wu, Tong Wang

This article investigates the optimal containment control problem for a class of heterogeneous multi-agent systems with time-varying actuator faults and unmatched disturbances based on adaptive dynamic programming. Since there exist unknown input signals i ...

WILEY2023

Neural System Level Synthesis: Learning over All Stabilizing Policies for Nonlinear Systems

Giancarlo Ferrari Trecate, Luca Furieri, Clara Lucía Galimberti

We address the problem of designing stabilizing control policies for nonlinear systems in discrete-time, while minimizing an arbitrary cost function. When the system is linear and the cost is convex, the System Level Synthesis (SLS) approach offers an effe ...

IEEE2022

Asset Pricing and Monetary Policy

Nicolas Gauderon

Classical theory asserts that the formation of prices is the result of aggregated decisions of economics agent such as households or corporation. However central banks are very important agents that have often been neglected in asset pricing models. Centra ...

EPFL2022

Gramian-Based Adaptive Combination Policies For Diffusion Learning Over Networks

Ali H. Sayed, Stefan Vlaski, Yigit Efe Erginbas

This paper presents an adaptive combination strategy for distributed learning over diffusion networks. Since learning relies on the collaborative processing of the stochastic information at the dispersed agents, the overall performance can be improved by d ...

IEEE2021

Logical Team Q-learning: An approach towards factored policies in cooperative MARL

Ali H. Sayed, Lucas Cesar Eduardo Cassano

We address the challenge of learning factored policies in cooperative MARL scenarios. In particular, we consider the situation in which a team of agents collaborates to optimize a common cost. The goal is to obtain factored policies that determine the indi ...

MICROTOME PUBLISHING2021

Essays on Mortgage Supply in a Low Rate Environment and Gender Effects of Covid-19

After the financial crisis, policy rates in the major advanced economies have moved downwards to near/below zero. Some countries have experienced an increase in house prices and an expansion of mortgages. Also, there have been considerable changes in the m ...

EPFL2021

What determines the attitude-behavior link when voting on renewable energy policies? The roles of problem perception and policy design

Philippe Thalmann

This chapter sheds light on the paradox between the general perception of climate change related problems and resistance to measures addressing it, namely the support of renewable energy policies at the ballot box. Using conjoint analyses, we investigate t ...

Edward Elgar Publishing2021

Optimization of operational decisions for on-demand shared mobility systems

Martin Jean Marie Joseph Repoux

This thesis introduces new operational management policies for two types of on-demand shared mobility systems, the now well-studied one-way carsharing systems and a new innovative semi-autonomous last-mile transportation system. In addition, two associated ...

EPFL2021

Monopsony with nominal rigidities: An inverted Phillips Curve

Charles Cosme Henri Dennery

With nominal wage rigidities, it is crucial to distinguish whether wages are set by workers or firms — whether we have monopoly or monopsony power. This paper provides a model of monopsony power in the labour market and a monopsonistic Phillips Curve. If w ...

2020

A review of approaches to low-carbon transition of high-rise residential buildings in China

Jean-Louis Scartezzini, Dasaraden Mauree, Yi Wang

In developing countries with a large population and fast urbanization, High-rise Residential Buildings (HRBs) have unavoidably become a very common, if not the most, accommodation solution. The paradigm of HRB energy consumption is characterized by high-de ...

PERGAMON-ELSEVIER SCIENCE LTD2020

The organisation of science: topics, incentives and funding

Omar Ballester Gonzalez

Ever since the links between the development of new technologies and economic growth became evident, researchers have attempted to study how the creation of knowledge fosters progress. If pushing the frontier of knowledge has an impact on progress and well ...

EPFL2020

Welfare effects of technology-based climate policies in liberalized electricity markets: seeing beyond total system cost

Philippe Thalmann, Frank Vöhringer, Sophie Maire

This paper is a contribution to assessing the Swiss energy transition, with an emphasis on the consequences of decommissioning the nuclear power plants for the electricity market and the whole economy. We expect that increased renewable generation and dema ...

2019

Producing Policy-relevant Science by Enhancing Robustness and Model Integration for the Assessment of Global Environmental Change

Marc Vielle, Frédéric Louis François Babonneau, Santosh Ram Joshi, Alain Haurie

We use the flexible model coupling technology known as the bespoke framework generator to link established existing modules representing dynamics in the global economy (GEMINI-E3), the energy system (TIAM-WORLD), the global and regional climate system (MAG ...

2019

The institutional challenges of scaling-up housing retrofit: the Swiss cities of Basel and Sion

Eghbal Arian Mahzouni

Purpose This paper aims to discuss the nexus between two societal (sub) systems of housing and energy supply to shed new light on the key institutional barriers to socio-technical energy transition in the built environment. The key research question is to ...

EMERALD GROUP PUBLISHING LTD2019

Financial Stability and the Macroeconomy : the Role of Bank Liquidity Regulation and Deposit Insurance

Corinne Dubois

The financial crisis of 2007-2009 drew attention to the essential role of banks for the macroeconomy and to the importance of having a resilient financial sector. A vulnerability in the financial sector spills over to the real economy and can drive it into ...

EPFL2018

Equilibrium commodity prices with irreversible investment and non-linear technologies

Pierre Collin Dufresne

We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...

2018

Smart specialization strategies as a case of mission-oriented policy – a case study on the emergence of new policy practices

Dominique Foray

This article involves a conceptual evaluation of a large-scale innovation policy experiment—so-called smart specialization strategies (S3s)—that took place within the framework of the European regional cohesion programs between 2011 and the present. The go ...

2018

Understanding the Information-Based Transformation of Strategy and Society

Thomas Alois Weber

The world economy is undergoing dramatic changes, largely driven by the new availability of fine-grained information. Innovative ways of using datalarge and small-have also prompted a rethinking of the boundaries for the combination and use of knowledge. T ...

Routledge Journals, Taylor & Francis Ltd2017