Money Cycles (2016, with A. Clausen)
Operating overheads are widespread and lead to concentrated bursts of activity. To transfer resources between active and idle spells, agents demand financial assets. Futures contracts and lotteries are unsuitable, as they have substantial overheads of their own. We show that money – under efficient monetary policy – is a liquid asset that leads to efficient allocations. Under all other policies, agents follow inefficient “money cycle” patterns of saving, activity, and inactivity.
Checksum a DVD
Sometimes you get a DVD that you would like to checksum. For example one to install a new operating system.
Poor Man's SSH
A poor man’s alternative to using SSH is to combine socat with spiped.
Replace a Harddisk
Here, we explain how to move from an old disk to a new one.
Connectivity to HSG
This page explains how to connect to the network of the University of St. Gallen.