Browsing FAS Scholarly Articles by Keyword "fluctuations"
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Asset Bubbles and the Cost of Economic Fluctuations
(Wiley, 2011)Lucas (1987, 2003) estimates that the cost of economic fluctuations is low; a social planner would pay no more than 0.1% of (permanent) consumption to eliminate all future business cycle fluctuations. The current paper ... -
Environment-Assisted Quantum Walks in Photosynthetic Energy Transfer
(American Institute of Physics, 2008)Energy transfer within photosynthetic systems can display quantum effects such as delocalized excitonic transport. Recently, direct evidence of long-lived coherence has been experimentally demonstrated for the dynamics of ...