Abstract: Function-Correcting Codes (FCCs) is a novel paradigm in Error Control Coding introduced by Lenz et al. 2023 for the binary substitution channel [1]. FCCs ...
This paper studies how household inequality shapes the effects of the zero lower bound (ZLB) on nominal interest rates on aggregate dynamics. To do so, we consider a heterogeneous agent New Keynesian ...
Abstract: In this article, online noncooperative games without full decision information are studied, where the goal of players is to seek the Nash equilibria in a distributed manner. Different from ...