Julien Prat
Biographic Data
| ID | 5733508 |
|---|---|
| NAME | Julien Prat |
| GIVEN NAMES | Julien |
| FAMILY NAME | Prat |
| SIGNATURE | PRAT J |
| AFFILIATIONS | University of Vienna, IZA |
| ORCID | 0000-0002-0122-196X |
| VERIFIED | Yes |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 6 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2007 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 1 |
An Equilibrium Model of the Market for Bitcoin Mining
We propose a model which uses the Bitcoin/US dollar exchange rate to predict the computing power of the Bitcoin network. We show that free entry places an upper-bound on mining revenues and we devise a structural framework to measure its value. Calibrating the model’s parameters allows us to accurately forecast the evolution of the network computing power over time. We establish the accuracy of the model through out-of-sample tests and investigat…
Employment Protection, Product Market Regulation and Firm Selection
Why are firm and job turnover rates so similar across OECD countries? We argue that this may be due to the joint regulation of product and labour markets. For our analysis, we build a stochastic equilibrium model with search frictions and heterogeneous multiple-worker firms. This allows us to distinguish firm entry and exit from hiring and firing in a model with equilibrium unemployment. We show that firing costs, sunk entry costs and bureaucrati…
Employment Protection, Product Market Regulation and Firm Selection
Why are firm and job turnover rates so similar across OECD countries? We argue that this may be due to the joint regulation of product and labour markets. For our analysis, we build a stochastic equilibrium model with search frictions and heterogeneous multiple-worker firms. This allows us to distinguish firm entry and exit from hiring and firing in a model with equilibrium unemployment. We show that firing costs, sunk entry costs and bureaucrati…
Employment Protection, Product Market Regulation and Firm Selection
Why are firm and job turnover rates so similar across OECD countries? We argue that this may be due to the joint regulation of product and labour markets. For our analysis, we build a stochastic equilibrium model with search frictions and heterogeneous multiple-worker firms. This allows us to distinguish firm entry and exit from hiring and firing in a model with equilibrium unemployment. We show that firing costs, sunk entry costs and bureaucrati…
An Equilibrium Model of the Market for Bitcoin Mining
We propose a model which uses the Bitcoin/US dollar exchange rate to predict the computing power of the Bitcoin network. We show that free entry places an upper-bound on mining revenues and we devise a structural framework to measure its value. Calibrating the model’s parameters allows us to accurately forecast the evolution of the network computing power over time. We establish the accuracy of the model through out-of-sample tests and investigat…
Economics (2 works) · Blockchain Technology Applications and Security (1 work) · Bureaucracy (1 work) · Business (1 work) · Complex Systems and Time Series Analysis (1 work) · Computer Science (1 work) · Data mining (1 work) · Econometrics (1 work) · Economic Policies and Impacts (1 work) · Economic theories and models (1 work)