期刊文章

The semiconductor industry had a robust 2024, with expected double-digit (19%) growth, and sales of US$627 billion for the year. But that’seven better than the earlier forecast of US$611 billion. And 2025 could be even better, with predicted sales...

Solar capacity is booming around the world, both utility scale and residential applications, and is often accompanied by energy storage whose costs are declining as well. Yet after $9 trillion globally over the last decade spent on wind, solar, el...

Abstract—Large Language Models (LLMs) have transformed the natural language processing landscape and brought to life diverse applications. Pretraining on vast web-scale data has laid the foundation for these models, yet the research community is n...

This essay examines South Korea’s response to the volatile geopolitical and economic landscape in Northeast Asia, highlighting its multi-track free trade agreement (FTA) strategy and its economic statecraft amid the rising techno-hegemonic competi...

女性几乎占尼泊尔年轻劳动年龄人口的近一半,但她们参与劳动力的可能性低于男性。当她们就业时，她们主要在非正式或维持生计的工作中工作，这些工作以缺乏社会保护和相对于男性的低工资为特征。这些结果背后的一个关键因素是，育儿责任主要落在女性身上，她们在工作中、在家庭中或更广泛的社会层面上得到的支持很少或不足。需要一个全面包容的父母福利框架,包括所有父母(男性和女性)，以及所有工作个人，无论其就业类型(正式、非正式、兼职)，以弥合育儿责任与女性就业之间的差距。在发展经济体中设计和实施此类福利时，必须意...

大型语言模型的快速发展已彻底革新了软件开发中的代码智能。然而，主要依赖闭源模型限制 了广泛的研究与开发。为解决这一问题，我们推出了DeepSeek-Coder系列开源代码模型，其 规模从13亿到330亿不等，并从2万亿个标记中从头开始训练。这些模型预先在高质量的项目 级代码语料库上进行训练，并采用16K窗口的填空任务来增强代码生成和填补。我们的广泛评 估表明，DeepSeek-Coder不仅在多个基准测试中实现了开源代码模型的最佳性能，还超越了 现有的闭源模型如Codex和GPT-3.5。...

This study employs a cluster randomized controlled trial and administrative health center data to investigate the effects of authorizing community health workers to deliver a new generation of contraceptive injections directly to women during rout...

Following the gains from variety literature, this paper estimates the welfare impact of growth of the variety of imported goods in 28 countries in East Africa and East Asia and compares the results. While estimating the gains from variety, the ela...

We use bilateral cross-border bank claims by nationality to assess the effects of geopolitics on cross-border bank flows. We show that a rise in geopolitical tensions between countries — disagreements in UN voting, broad sanctions, or sentiments c...

The incidence of currency counterfeiting and the possible total stock of counterfeits in circulation are popular topics of speculation and discussion in the press and are of substantial practical interest to the Federal Reserve, the U.S. Treasury ...

Analysis of market liquidity often focuses on measures of the current cost of trading. However, investors and policy-makers also care about what would happen to liquidity in the event of an adverse shock. If liquidity were to deteriorate rapidly a...

We construct a New-Keynesian E-DSGE model with energy disaggregation and financial intermediaries to show how energy-related fiscal and macroprudential policies interact in affecting the euro area macroeconomy and carbon emissions. When a shock to...

Questions about market power have become salient in macroeconomics. We consider the role of institutional structures in addressing these within a dynamic general equilibrium framework. Standard models account for monopoly profits as a lump-sum tra...

Fiscal rules have been shown to support fiscal discipline by improving government budget balances and restraining the growth of debt. However, questions remain about what enhances their effectiveness and how certain conditions help to build the cr...

This paper investigates the intergenerational transmission of socio-emotional skills during childhood, using data from the 1970 British Cohort Study (BCS70) in the United Kingdom. This dataset enables us to measure two dimensions of socio-emotiona...

We estimate local housing supply elasticities for 325 local authorities and 6,788 census tract areas in England. We examine how housing supply responds to price changes across small areas and how this varies according to a rich set of geographic a...

Aggregate price shocks can lead to significant inequality in losses both across and within income groups. This creates a trade-off between supporting households through subsidies, which target those most affected but introduce inefficiencies, and ...

A popular approach to perform inference on a target parameter in the presence of nuisance parameters is to construct estimating equations that are orthogonal to the nuisance parameters, in the sense that their expected first derivative is zero. Su...

Private pensions constitute the largest component of household wealth in the UK, and the vast majority of employees are automatically enrolled into workplace pension plans. Drawing on employer-reported pension data matched with the population cens...