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Optimal policy

Modelo de política óptima de dividendos (Model for a dividend optimal policy)

Modelo de política óptima de dividendos (Model for a dividend optimal policy)

... of optimal dividend policy proposed here highlights the advantages of the axiomatic definition of the theory of Modigliani and Miller, by its logical contribution, and intends to propose a new formulation ...

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WO R K I N G PA P E R S E R I E S

WO R K I N G PA P E R S E R I E S

... the optimal policy under commitment while ignoring its ...bank’s optimal response to current and predetermined variables induces it to raise the instrument rate in line with inflation, but it is ...

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Computational methods and parallel strategies in dynamic decision making

Computational methods and parallel strategies in dynamic decision making

... the optimal policy be found? Chapter 2 describes that problem and discusses a solution ...issuing policy is ...the optimal solution aiding a possible solution ...YQ policy derived for ...

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Essays on the Liquidity Trap, Oil Shocks, and the Great Moderation

Essays on the Liquidity Trap, Oil Shocks, and the Great Moderation

... monetary policy when the interest rate is near its lower ...monetary policy in such an environment in isolation from other possible stabiliza- tion tools (such as scal or exchange rate ...monetary ...

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Essays on monetary policy and learning

Essays on monetary policy and learning

... derive optimal monetary policy in our theoretical ...the optimal policy is that the Central Bank should act more aggressively towards inflation that what a rational expectations model ...the ...

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Optimal Environmental Policy for a Polluting Monopoly with Abatement Costs: Taxes Versus Standards

Optimal Environmental Policy for a Polluting Monopoly with Abatement Costs: Taxes Versus Standards

... …rst-best policy is applied, we …nd that the tax increases with the pollution stock whereas the subsidy decreases but that the tax is negative for low values of the pollution stock regardless of the importance of ...

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Essays on Monetary Policy, Wage Bargaining and Fiscal Policy

Essays on Monetary Policy, Wage Bargaining and Fiscal Policy

... the optimal policy rule at time zero as the one that maximizes ...the optimal choice correctly takes into account the effects of policy on future expectations, but not on the expectations ...

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Multi-Aircraft Optimal 4D In-Flight Trajectory Planning Based On Embedded Optimal Control

Multi-Aircraft Optimal 4D In-Flight Trajectory Planning Based On Embedded Optimal Control

... During a CDO, aircraft descend from the cruise altitude to the final approach fix at or near idle thrust without level segments at low altitude minimizing the need for high thrust levels to remain at a constant altitude ...

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Informality and Optimal Public Policy

Informality and Optimal Public Policy

... the optimal tax design in the presence of tax ...the optimal tax rate, while showing that an increase in the optimal tax rate is also ...on optimal taxation issues, while our analysis is ...

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Monopoly regulation with non paying consumers

Monopoly regulation with non paying consumers

... This article studies the effects of delegation in a monopoly regulation context. A regulator, with welfare maximization objectives, fixes the price level and makes transfers to a monopolist who faces non-paying ...

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Optimal non linear models

Optimal non linear models

... [2] Michal Aharon, Michael Elad, and Alfred M. Bruckstein. On the uniqueness of overcomplete dictionaries, and a practical way to retrieve them. Linear Algebra Appl., 416(1):48–67, 2006. [3] A. Aldroubi, C. A. Cabrelli, ...

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Quasi-Optimal Recombination Operator

Quasi-Optimal Recombination Operator

... The proposed Dynastic Potential Crossover Operator (DPX) takes the idea of PX and APX even further. DPX starts from the recombination graph, like the one in Figure 2, and tries to exhaustively explore all the possible ...

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The optimal gravitational lens telescope

The optimal gravitational lens telescope

... resulting optimal gravitational lens telescope is thus simply composed of the cosmic gravitational lens producing the observed cos- mic mirage, the observer’s telescope, and a coronagraphic lens inversion ...

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Families of optimal thermodynamic solutions for combined cycle gas turbine (CCGT) power plants

Families of optimal thermodynamic solutions for combined cycle gas turbine (CCGT) power plants

... The design of CCGT power plants is inherently complex due to the presence of two different power cycles which are intimately coupled through the heat recovery steam generator (HRSG). The performance of the whole system ...

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Optimal Delegation, Unawareness, and Financial Intermediation

Optimal Delegation, Unawareness, and Financial Intermediation

... Finally, we discuss the policy implications of our findings. Clearly, promoting financial literacy among investors improves their welfare in our model. Interestingly though, our re- sults show that it is not ...

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Assessing policy options for the EU cohesion policy 2014 2020

Assessing policy options for the EU cohesion policy 2014 2020

... cohesion policy are quickly transmitted across regional and na- tional ...cohesion policy is put together in a combined simulation illustrating the extent of spatial ...

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How Schools Do Policy. Policy Enactments in Secondary Schools

How Schools Do Policy. Policy Enactments in Secondary Schools

... La otra política que analizan con más detalle es la «política de comportamiento» (beha- viour policy), un tema recurrente en el debate público educativo en Inglaterra junto con el de los standards (al que aparece ...

5

Optimal design of piezoelectric microtransducers

Optimal design of piezoelectric microtransducers

... The use of eigenvalues in optimization problems is very common as we can see, however, concerning the optimization of eigenvectors, we can find only a few pa- pers in the literature dealing with this subject. In Hansen ...

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Hydrological risk allocation and its influence over long term contracting in the Chilean electricity system

Hydrological risk allocation and its influence over long term contracting in the Chilean electricity system

... resulting optimal pricing for ...in optimal conditions the efficient investments mainly for LNG ...affect optimal contracting of the entire system as shown in Figure 3-9 for the year 2018, if ...

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Optimal retail price promotions

Optimal retail price promotions

... determine optimal discounts, timing, and duration of promotions for two brands in a specific ...calculated optimal discounts on each brand, and their timing and ...of optimal promotional decisions on ...

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