Publications related to Economics

Techno-economic and environmental impact assessment of an olive tree pruning waste multiproduct biorefinery

This work focuses on the economic performance and environmental assessment of two biorefinery schemes using 100 t/day of olive tree pruning waste as feedstock. The first scheme is based on a multiproduct biorefinery producing 6363.64 m3/yr of ethanol, 999. ...

ELSEVIER2022

Environmental and economic analysis of new construction techniques reusing existing concrete elements: two case studies

Corentin Jean Dominique Fivet, Maléna Bastien Masse, Célia Marine Küpfer, Julie Rachel Devènes

As the most widely used construction material worldwide, concrete is the main cause of greenhouse gas emissions, material depletion, and waste generation by the construction industry. Typically, concrete waste is crushed and, at best, reclaimed into recycl ...

2022

A Theory of Value for Service Ecosystems

Blagovesta Hristova Kostova

In this thesis, we present a theory of value for the design and analysis of service ecosystems. The theory is based on general systems thinking. The concept of a system is used for relating knowledge from different disciplines (such as software engineering ...

EPFL2022

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

Monotonicity in the trip scheduling problem

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

The equilibrium of the archetypal morning commute problem with alpha -,B - gamma preferences has been shown to be unstable with various rational adjustment mechanisms, under both continuous and discrete day-to-day dynamics. It is not clear however whether ...

PERGAMON-ELSEVIER SCIENCE LTD2021

Regional Effects of Exchange Rate Fluctuations

Christian Pröbsting

We exploit differences across U.S. states' exposure to trade to study the effects of changes in the exchange rate on economic activity. Across states, trade-weighted exchange rate depreciations are associated with increased state exports, reduced state une ...

2020

Fiscal Policy, Relative Prices and Net Exports in a Currency Union

Luisa Lambertini, Christian Pröbsting

This paper studies the effects of fiscal policy on net exports, the terms of trade and expenditure switching. Using data on government spending and consumption taxes for twelve euro area countries over 1996 to 2018, it shows that fiscal austerity shocks im ...

2020

Metropolitan Innovation Systems: Inquiry into the co-evolving relations between Industry, University and Government

Jiayun Shen

Innovation is crucial and decisive for the long-term development of a metropolitan region in the global economy. While firms certainly play a significant role in the development of specific innovation, the environment that nur-tures innovative firms and di ...

EPFL2020

Essays in Financial Economics

Kornelia Fabisik

This thesis consists of three parts that study separate subjects in corporate finance and corporate governance. The overarching theme is ownership by CEOs and other insiders. In the first part, which is co-authored work with Rüdiger Fahlenbrach, René M. ...

EPFL2020

Essays in Financial Economics

Marc André Frattaroli

This thesis consists of three chapters that study separate subjects in the area of corporate governance and financial intermediation. In the first chapter, I study a protectionist anti-takeover law introduced in 2014 in France that covers a subset of all ...

EPFL2020

Essays on adaptation to rare disasters

Takafumi Usui

This thesis aims to further investigate rare natural disasters and studies adaptation decisions under uncertainty by solving several computational economic models. The modeling of rare natural disasters depends on the treatment of catastrophic outcomes wit ...

EPFL2019

On the price elasticity of demand for trademarks

Gaétan Jean A de Rassenfosse

One underexplored factor directly affecting firms' use of trademarks relates to the fees associated with obtaining a mark. This paper provides econometric estimates of the fee elasticity of demand for trademark applications. Using a panel of monthly intern ...

2019

Essays in Financial Economics

Julien Arsène Blatt

I started my PhD studies in August 2014 with a strong desire to push my own limits without knowing precisely the areas I wanted to cover in detail. To me, it was clear that I was interested by many different fields, however, I was particularly concerned wi ...

EPFL2019

Accurate and efficient interpretation of load-test data for asset-management

Sai Ganesh Sarvotham Pai

Increasing demand for new infrastructure and ageing of existing infrastructure has made management of infrastructure a key challenge of this century. Replacement of all ageing civil infrastructure is economically and environmentally unsustainable. Civil in ...

EPFL2019

Three Problems of Liquidity under Asymmetric Information

Sylvain Jean Pascal Carré

This thesis develops models for three problems of liquidity under asymmetric information. In the chapter "Disclosures, Rollover Risk, and Debt Runs" I build a model of dynamic debt runs without perfect information in order to understand the impact of asset ...

EPFL2019

Distributed Inference Over Networks Under Subspace Constraints

Ali H. Sayed, Stefan Vlaski, Roula Nassif

This paper considers optimization problems over networks where agents have individual objectives to meet, or individual parameter vectors to estimate, subject to subspace constraints that enforce the objectives across the network to lie in a low-dimensiona ...

IEEE2019

Enzymatic hydrolysis of microwave assisted acid pretreated chili postharvest residue for the production of value added products

Edgard Gnansounou

Agricultural crop residues serve as a renewable source for production of bioethanol and other value added chemicals. Optimization of enzymatic saccharification may ensure cost-effective production of bioethanol and other industrially important products. He ...

NATL INST SCIENCE COMMUNICATION-NISCAIR2018

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

Coming Full Circle Why Social and Institutional Dimensions Matter for the Circular Economy

Vincent Moreau, François Richard Vuille

In light of the environmental consequences of linear production and consumption processes, the circular economy (CE) is gaining momentum as a concept and practice, promoting closed material cycles by focusing on multiple strategies from material recycling ...

Massachusetts Institute of Technology Press2017

Thermo-economic optimization of an ORC driven heat pump based on small scale turbomachinery and comparison with absorption heat pumps

Jürg Alexander Schiffmann, Violette Mounier, Luis Carlos Mendoza Toledo

The current paper presents the thermo-economic optimization and comparison, through a multi-objective algorithm, between HP-ORC and the competing single effect absorption heat pump (SEAHP), with the aim to find the best trade-off between investment cost an ...

Elsevier2017