This paper shows that there are endogenous financial constraints arising from trade liberalization. Banks with a large share of loans on firms exposed to competition China suffer an increase in non-performing and reduce their credit capacity. The drop supply affects both directly import-competition China, firm expected expand upon liberalization, economically relevant implications terms employm...

We construct a model that introduces nominal rigidity into R&D-driven endogenous growth with heterogeneous firms. The shows high leads to an increase in the market share of innovative firms as menu-cost burdens are relatively heavier for less This reallocation effect yields positive monetary expansion on both real and welfare. optimal can be strictly even under rigidity. Moreover, menu costs im...

We examine the problem of optimizing the reallocation and execution of divisible load originating in merent amounts at the sites of an interconnected set of heterogeneous processors characterized by their load computing speeds and II0 speeds. Each processor imposes, a priori, a hard deadline on its allocated task completion. The objective of load retasking and redistribution, which is implement...

We present two classes of distributed algorithms called DRBA and DOBA, for decentralized, proactive resource allocation in asynchronous real-time distributed systems. The objective of the algorithms is to maximize aggregate application benefit and deadlinesatisfied ratio for an user-specified future time interval. Since determining the optimal allocation is computationally intractable, the algo...

Spectrum is a scarce commodity, and considering the spectrum scarcity faced by the wireless-based service providers led to high congestion levels. Technical inefficiencies from pooled, since all networks share a common pool of channels, exhausting the available channels will force networks to block the services. Researchers found that cognitive radio (CR) technology may resolve the spectrum sca...

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between markets, in response to changing aggregate and local conditions. Empirically, using the 1986-2008 SI...

The paper presents a comparative analysis of reallocation algorithms in a structure of wireless sensor network in the event of a failure of network nodes. The article contains detailed research results of wireless sensor networks technology, with particular emphasis on thte network-layer protocols routing protocols. In the research the simulation environment OMNeT++ was used to study the proper...

I construct a model of an asset market subject to search frictions, in an environment where both investment and asset liquidity are determined endogenously. This provides a natural framework to analyze the interaction between capital reallocation and liquidity in response to aggregate shocks, which I assess quantitatively. The search model of capital reallocation exhibits strong internal propag...