Does Politics Matter in the Conduct of Fiscal Policy? Political Determinants of the Fiscal Sustainability: Evidence from Seven Individual Central and Eastern European Countries (CEEC)

This paper aims at assessing the fiscal sustainability and its political determinants in seven Central and Eastern European Countries (CEEC), namely Estonia, Latvia, Lithuania, Poland, Slovenia, Slovakia and the Czech Republic. First, using the recent sustainability approach of Bohn (1998) based on fiscal reaction function, econometric findings using Ordinary Least Squares (OLS) reveal a positive response of the primary surplus to changes in debt in several countries. In other words, fiscal policy is sustainable in Baltic countries, Slovenia and Slovakia, but not in Poland and in the Czech Republic. Second, by introducing political dummy variables, we test the electoral budget cycle and the partisan cycle theories. We find the presence of electoral and partisan cycle in Poland but not in the rest of our countries.Fiscal reaction function, Public debt sustainability, Political budget cycles, Time series

Cache-Aided Coded Multicast for Correlated Sources

The combination of edge caching and coded multicasting is a promising approach to improve the efficiency of content delivery over cache-aided networks. The global caching gain resulting from content overlap distributed across the network in current solutions is limited due to the increasingly personalized nature of the content consumed by users. In this paper, the cache-aided coded multicast problem is generalized to account for the correlation among the network content by formulating a source compression problem with distributed side information. A correlation-aware achievable scheme is proposed and an upper bound on its performance is derived. It is shown that considerable load reductions can be achieved, compared to state of the art correlation-unaware schemes, when caching and delivery phases specifically account for the correlation among the content files.Comment: In proceeding of IEEE International Symposium on Turbo Codes and Iterative Information Processing (ISTC), 201

Distortion-Memory Tradeoffs in Cache-Aided Wireless Video Delivery

Mobile network operators are considering caching as one of the strategies to keep up with the increasing demand for high-definition wireless video streaming. By prefetching popular content into memory at wireless access points or end user devices, requests can be served locally, relieving strain on expensive backhaul. In addition, using network coding allows the simultaneous serving of distinct cache misses via common coded multicast transmissions, resulting in significantly larger load reductions compared to those achieved with conventional delivery schemes. However, prior work does not exploit the properties of video and simply treats content as fixed-size files that users would like to fully download. Our work is motivated by the fact that video can be coded in a scalable fashion and that the decoded video quality depends on the number of layers a user is able to receive. Using a Gaussian source model, caching and coded delivery methods are designed to minimize the squared error distortion at end user devices. Our work is general enough to consider heterogeneous cache sizes and video popularity distributions.Comment: To appear in Allerton 2015 Proceedings of the 53rd annual Allerton conference on Communication, control, and computin

Correlation-Aware Distributed Caching and Coded Delivery

Cache-aided coded multicast leverages side information at wireless edge caches to efficiently serve multiple groupcast demands via common multicast transmissions, leading to load reductions that are proportional to the aggregate cache size. However, the increasingly unpredictable and personalized nature of the content that users consume challenges the efficiency of existing caching-based solutions in which only exact content reuse is explored. This paper generalizes the cache-aided coded multicast problem to a source compression with distributed side information problem that specifically accounts for the correlation among the content files. It is shown how joint file compression during the caching and delivery phases can provide load reductions that go beyond those achieved with existing schemes. This is accomplished through a lower bound on the fundamental rate-memory trade-off as well as a correlation-aware achievable scheme, shown to significantly outperform state-of-the-art correlation-unaware solutions, while approaching the limiting rate-memory trade-off.Comment: In proceeding of IEEE Information Theory Workshop (ITW), 201

Semi-Infinite Assignment Problems and Related Games

In 1972 Shapley and Shubik introduced assignment games associated to finite assignment problems in which two types of agents were involved and they proved that these games have a non-empty core. In this paper we look at the situation where the set of one type is infinite and investigatewhen the core of the associated game is non-empty. Two infinite programming problems arise here, which we tackle with the aid of finite approximations. We prove that there is no duality gap and we show that the core of the corresponding game is non-empty. Finally, the existence of optimal assignments is discussed.Infinite programs;assignment;cooperative games;balancedness

Broadcast Caching Networks with Two Receivers and Multiple Correlated Sources

The correlation among the content distributed across a cache-aided broadcast network can be exploited to reduce the delivery load on the shared wireless link. This paper considers a two-user three-file network with correlated content, and studies its fundamental limits for the worst-case demand. A class of achievable schemes based on a two-step source coding approach is proposed. Library files are first compressed using Gray-Wyner source coding, and then cached and delivered using a combination of correlation-unaware cache-aided coded multicast schemes. The second step is interesting in its own right and considers a multiple-request caching problem, whose solution requires coding in the placement phase. A lower bound on the optimal peak rate-memory trade-off is derived, which is used to evaluate the performance of the proposed scheme. It is shown that for symmetric sources the two-step strategy achieves the lower bound for large cache capacities, and it is within half of the joint entropy of two of the sources conditioned on the third source for all other cache sizes.Comment: in Proceedings of Asilomar Conference on Signals, Systems and Computers, Pacific Grove, California, November 201