SURVEY ON FINANCIAL MARKET FRICTIONS AND DSGE MODELS

Survey on Financial Market Frictions and DSGE models

This survey reviews the research regarding the general frameworks used for the specification of financial market frictions in Dynamic Stochastic General Equilibrium models.Within the related literature, financial frictions are considered to be the prime candidates for endogenous amplification of small transitory non-financial shocks.The latest fina

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Multi-Objective Optimization of Gear Ratios of a Seamless Three-Speed Automated Manual Transmission for Electric Vehicles Considering Shift Performance

Multi-speed transmission can greatly improve the power and economic performance of electric vehicles (EVs) compared with single-speed transmission.Gear ratio is the key design parameter of multi-speed transmission.Optimizing gear ratios can further improve vehicle performance.Most of the existing optimization methods of gear ratios take the power a

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