A transcritical carbon dioxide (T-CO 2 ) cycle is analyzed for waste heat recovery from a gas turbine. The cycle is proposed to produce combined power and cooling using carbon dioxide as a single pure working fluid. Simple, cascade and split cycle configurations are compared for power generation...

We study an exchange economy with overlapping generations of consumers who derive utility from consuming a non-durable commodity and housing. A banking sector offers loans to finance housing. We provide a complete characterization of the equilibrium dynamics which alternates between an expansive...

The boom and bust in housing during the 2000s has led to renewed interest in the boom and bust in housing between 1920 and 1940. The most commonly used housing value series for this period is reported by Robert Shiller in Irrational Exuberance. We investigate the changes in housing values in...