Related papers: Bilateral multifactor CES general equilibrium with…
Recently, the volatility associated with marginal prices has increased due to large scale integration of renewable generation. Price volatility is undesirable from a consumer perspective. To address this issue, we present a framework for…
Recovering properties of correlation functions is typically challenging. On one hand, experimentally, it requires measurements with a temporal resolution finer than the system's dynamics. On the other hand, analytical or numerical analysis…
Researchers using instrumental variables to investigate ordered treatments often recode treatment into an indicator for any exposure. We investigate this estimand under the assumption that the instruments shift compliers from no treatment…
In this paper, we consider an approximation method, and a novel general analysis, for second-order elliptic differential equations with heterogeneous multiscale coefficients. We obtain convergence of the Generalized Multi-scale Finite…
As countries develop, the relative importance of agriculture declines and economic activity becomes spatially concentrated. We develop a model integrating structural change and regional disparities to jointly capture these phenomena. A key…
We study the off-equilibrium two-point critical response and correlation functions for the relaxational dynamics with a coupling to a conserved density (Model C) of the O(N) vector model. They are determined in an \epsilon=4-d expansion for…
We extend the Blume-Emery-Griffiths (BEG) model to a two-component BEG model in order to study 2D systems with two order parameters, such as magnetic superconductors or two-component Bose-Einstein condensates. The model is investigated…
In this article we discuss the distribution of asset price movements by the market potential function. From the principle of free energy minimization we analyze two different kinds of market potentials. We obtain a U-shaped potential when…
The external validity of regression discontinuity designs is crucial for informing policy but is rarely examined in applied work. To advance empirical practice, we propose a joint inference procedure for the treatment effect and its local…
Quantitative imaging of sub-surface Earth's properties in elastic media is performed from Distributed Acoustic Sensing data. A new misfit functional based upon the reciprocity-gap is designed, taking cross-correlations of displacement and…
We briefly discuss recent experiments on the BCS-BEC crossover with ultracold alkali-metal atoms both in three-dimensional configurations and two-dimensional ones. Then we analyze the quantum-field-theory formalism used to describe an…
A Bayesian estimation of a GARCH model is performed for US Dollar/Japanese Yen exchange rate by the Metropolis-Hastings algorithm with a proposal density given by the adaptive construction scheme. In the adaptive construction scheme the…
We develop new econometric methods for estimation and inference in high-dimensional panel data models with interactive fixed effects. Our approach can be regarded as a non-trivial extension of the very popular common correlated effects…
We present a novel quasi-Bayesian method to weight multiple dynamical models by their skill at capturing both potentially non-linear trends and first-order autocorrelated variability of the underlying process, and to make weighted…
If constraints are imposed on a macromolecule, two inequivalent classical models may be used: the stiff and the rigid one. This work studies the effects of such constraints on the Conformational Equilibrium Distribution (CED) of the model…
Bicontinuous microstructures are essential to the function of diverse natural and synthetic systems. Their synthesis has been based on two approaches: arrested phase separation or self-assembly of block copolymers. The former is attractive…
Random fields of scales result when the class of musical scales is thought as a set of sites, and a site can be in one of two possible states (or spins): On or Off. We present a flexible simulated annealing model that produces generic…
We present a way of experimentally determining the concurrence in terms of the expectation values of local observables for arbitrary multipartite pure states. In stead of the joint measurements on two copies of a state in the experiment for…
We introduce new modified Abelian lattice models, with inhomogeneous local interactions, in which a sum over topological sectors are included in the defining partition function. The dual models, on lattices with arbitrary topology, are…
Estimation of the covariance matrix of asset returns is crucial to portfolio construction. As suggested by economic theories, the correlation structure among assets differs between emerging markets and developed countries. It is therefore…