What if the euro had never been launched? A counterfactual analysis of the macroeconomic impact of euro membership

The aim of this paper is to gauge quantitatively the macroeconomic impact of EMU membership. Building on the Global VAR framework designed by Pesaran et al. (2004), we want to shed light on the following important questions: What if the euro had never been launched? How would national outputs and inflation rates have evolved? We show that monetary unification promoted lower interest rates and higher output in most euro area (EA) countries, relatively to a situation where national monetary policies would have followed a German-type one. If national monetary policies had adopted British monetary preferences after September 1992 however, this would have led to higher interest rates, depreciations of national exchange rates and higher output in most EA countries, especially over the 1992-1998 period. This is particularly true for the three biggest countries of the EA (France, Germany and Italy). Besides, the single currency regime probably did not have a massive impact on price developments.Euro, counterfactual analysis, global VAR.

A DTN routing scheme for quasi-deterministic networks with application to LEO satellites topology

We propose a novel DTN routing algorithm, called DQN, specifically designed for quasi-deterministic networks with an application to satellite constellations. We demonstrate that our proposal efficiently forwards the information over a satellite network derived from the Orbcomm topology while keeping a low replication overhead. We compare our algorithm against other well-known DTN routing schemes and show that we obtain the lowest replication ratio without the knowledge of the topology and with a delivery ratio of the same order of magnitude than a reference theoretical optimal routing

Come Ye Who Love: Melody for Soprano, Horn and Piano Trio (Full Score, Horn Part, Soprano Part)

Op. 43a : 1 score + 1 part (ii + 19 pages) ; includes parts for Horn and Soprano. Setting to Music of a Collage of Verses by Transcendentalist Poets. Commissioned by Michigan State University College of Music.https://scholarworks.wmich.edu/emmanuel-dubois-compositions/1033/thumbnail.jp

The Truth: Melody for Soprano and Piano

Op. 46 : 1 score (ii + 6 pages) ; includes poem The Truth by E.M. Dubois (August 2015)https://scholarworks.wmich.edu/emmanuel-dubois-compositions/1038/thumbnail.jp

Of Barbed Wire and Red Roses--II: Suite for Large Brass Ensemble and Timpani (Full Score)

Opus 1b: 1 score (vi + 37 pages) ; includes acknowledgements, foreword The suite Of Barbed Wire and Red Roses—II celebrates the triumph of understanding over hatred, of peace over war. The thirteen brass and timpani are grouped in choirs by movement: Fughetta for Timpani Fanfare for Four Trumpets in B Flat, Three Tenor Trombones and Bass Trombone Interlude for Four Horns in F and Tuba Of Barbed Wire and Red Roses for Thirteen Brass and Timpanihttps://scholarworks.wmich.edu/emmanuel-dubois-compositions/1000/thumbnail.jp

Morgen : Melody for Soprano and Piano

Op. 48 : 1 score (ii + 3 pages) ; includes the poem Morgen by John Henry MacKay, in German.https://scholarworks.wmich.edu/emmanuel-dubois-compositions/1039/thumbnail.jp

Юлия / Yulia : Lyrical Images for Soprano and String Quartet (Score and Reduction)

Op. 45 : 1 score + 3 parts (ii + 182 pages) ; includes full score ; parts (rehearsal practice score, extraction) for Soprano and Violin I ; Violin II with Soprano ; Violoncello with Soprano. Movements: As he whispers Happiness Hold me so tight! To sweeten our lips Those were happy times Yulia Woman\u27s first true lovehttps://scholarworks.wmich.edu/emmanuel-dubois-compositions/1037/thumbnail.jp

Happiness: Three Voice Duets for Soprano and Mezzo-Soprano and Piano

Op. 30 : 1 score (v + 33 pages ) ; includes table of contents and poem. Composed for Happiness a poem by Henry David Thoreau and a collage of verses by John Warner Barber, William Ellery Channing and John Donne as quoted by Thoreau in Walden. Movements: Happiness To Sweeten Our Lips Come Ye Who Lovehttps://scholarworks.wmich.edu/emmanuel-dubois-compositions/1020/thumbnail.jp

Winter Wood: Melodies for Soprano and Harp

Op. 49 : 1 score (ix + 26 pages) ; includes three Russian poems by I. Bunin, F. Tyutchev, Y. Petrachuk, poem translations, and composer\u27s introduction. Russian writers are known for their beauty and severity, and their celebration in poetry, literature, music and films is legendary. The beautiful legend of the Snow-maiden - Snegurochka - sublimely put in opera by Rimsky-Korsakov, evokes the renewal of life in springtime and the end of life in winter without violence, without sense of loss. It is quite remarkable in comparison with the thirst of violence in so much of the world. It is this consideration and Yulia\u27s extraordinary soprano voice that decided me to write Winter Wood Op. 49, a song cycle for soprano and harp. - from the introduction Movements: The Blizzard Winter Wood Song of Snow-maidenhttps://scholarworks.wmich.edu/emmanuel-dubois-compositions/1040/thumbnail.jp