We show that understanding the Treasury market requires both estimating granular investor demand and structurally modeling arbitrageurs. Using a new dataset of sector-level U.S. Treasury holdings, we ...

Data center load shifting is an effective demand flexibility strategy to minimize peak demand for data centers through aggregate conservation. Last November, CNBC reported that data centers alone are ...

How exposed are open economies to global demand shocks? In equilibrium, foreign booms can be absorbed either by domestic consumption ("quantities") or by real exchange rate appreciation ("prices"). We ...

Explore how variable rate demand notes (VRDNs) work, their key features, and why they offer tax-free income for investors ...

Abstract: The Internet of Things (IoT) enables intelligent services varying with the complex and realtime environment to achieve network benefits, where network function virtualization (NFV) can ...

Irena Asmundson is the Managing Director of Ca. Policy Research Initiative at SIEPR and a former IMF staff member. Opinions expressed in articles and other materials are those of the authors; they do ...