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Nominal wage rigidity has been shown to exist in periods of high inflation, while reduction in nominal pay has been hypothesized to occur in times of low inflation. Nominal wage rigidity would therefore become irrelevant because there is little need to cut nominal pay under high inflation, while the necessary cuts would occur under low inflation. We test(More)
  • Van Stijn, Nieuwerburgh, Laura Veldkamp, Tom Sargent, Tim Cogley, Paul Romer +9 others
  • 2003
When a boom ends, the downturn is generally sharp and short. When growth resumes, the boom is more gradual. Our explanation rests on learning about productivity. When agents believe productivity is high, they work, invest, and produce more. More production generates higher precision information. When the boom ends, precise estimates of the slowdown prompt(More)
—The problem of secret sharing over the Gaussian wiretap channel is considered. A source and a destination intend to share secret information over a Gaussian channel in the presence of a wiretapper who observes the transmission through another Gaussian channel. Two constraints are imposed on the source-to-destination channel; namely, the source can transmit(More)
—Multi-packet reception (MPR) has recently received attention for use in military wireless ad hoc networks because of the potential to greatly improve spatial reuse. However, MPR typically requires complicated hardware that makes it prohibitive to implement in many current military platforms. An alternative, cross-layer approach is to use an overlapped(More)
—One of the most promising approaches to improving communication efficiency in wireless communication systems is the use of multiuser diversity. Although it has been widely investigated and shown feasible and efficient in cellular networks, there is little work for the ad hoc networks, especially in real protocol and algorithm design. In this paper, we(More)
— In wireless ad hoc networks (WANets), multi-hop routing may result in a radio knowing the content of transmissions of nearby radios. This knowledge can be used to improve spatial reuse in the network, thereby enhancing network throughput. Consider two radios, Alice and Bob, that are neighbors in a WANet not employing spread-spectrum multiple access(More)
— Superposition coding techniques can be used to improve communications efficiency in a variety of scenarios. These techniques are particularly appropriate for applications in which there are spatial or temporal disparities in received signal-to-noise ratios (SNRs). In this paper, we consider the application of superposition coding to increase the system(More)
— A coding scheme based on irregular low-density parity-check (LDPC) codes is proposed to send secret messages from a source over the Gaussian wiretap channel to a destination in the presence of a wiretapper, with the restriction that the source can send only binary phase-shift keyed (BPSK) symbols. The secrecy performance of the proposed coding scheme is(More)