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RECENT PUBLICATIONS

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March 2014
ILP Research Group
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RESEARCH REPORT LIST

ILP Research Group
This list is a guide to MIT research on topics that have been of interest to ILP member companies. The list includes reports from 2012 to present and is updated regularly.

May 2014
The MIT Press
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What Have We Learned?

Edited by George Akerlof, Olivier Blanchard, David Romer, and Joseph Stiglitz
Macroeconomic Policy After the Crisis
Since 2008, economic policymakers and researchers have occupied a brave new economic world. Previous consensuses have been upended, former assumptions have been cast into doubt, and new approaches have yet to stand the test of time. Policymakers have been forced to improvise and researchers to rethink basic theory. George Akerlof, Nobel Laureate and one of this volume’s editors, compares the crisis to a cat stuck in a tree, afraid to move. In April 2013, the International Monetary Fund brought together leading economists and economic policymakers to discuss the slowly emerging contours of the macroeconomic future. This book offers their combined insights.

The editors and contributors—who include the Nobel Laureate and bestselling author Joseph Stiglitz, Federal Reserve Vice Chair Janet Yellen, and the former Governor of the Bank of Israel Stanley Fischer—consider the lessons learned from the crisis and its aftermath. They discuss, among other things, post-crisis questions about the traditional policy focus on inflation; macroprudential tools (which focus on the stability of the entire financial system rather than of individual firms) and their effectiveness; fiscal stimulus, public debt, and fiscal consolidation; and exchange rate arrangements.


About the Editors:
George Akerlof, a 2001 Nobel Laureate, is Guest Scholar at the International Monetary Fund.

Olivier Blanchard is Robert Solow Professor at the Massachusetts Institute of Technology and Economic Counselor and Director of the Research Department at the International Monetary Fund.

David Romer is Herman Royer Professor of Political Economy at the University of California, Berkeley.

Joseph Stiglitz, a 2001 Nobel Laureate, is University Professor at Columbia University.

January 2014
The MIT Press
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Flight Vehicle Aerodynamics

Mark Drela
This book offers a general overview of the physics, concepts, theories, and models underlying the discipline of aerodynamics. A particular focus is the technique of velocity field representation and modeling via source and vorticity fields and via their sheet, filament, or point-singularity idealizations. These models provide an intuitive feel for aerodynamic flow-field behavior and are the basis of aerodynamic force analysis, drag decomposition, flow interference estimation, and other important applications. The models are applied to both low speed and high speed flows. Viscous flows are also covered, with a focus on understanding boundary layer behavior and its influence on aerodynamic flows.

The book covers some topics in depth while offering introductions and summaries of others. Computational methods are indispensable for the practicing aerodynamicist, and the book covers several computational methods in detail, with a focus on vortex lattice and panel methods. The goal is to improve understanding of the physical models that underlie such methods. The book also covers the aerodynamic models that describe the forces and moments on maneuvering aircraft, and provides a good introduction to the concepts and methods used in flight dynamics. It also offers an introduction to unsteady flows and to the subject of wind tunnel measurements.

The book is based on the MIT graduate-level course “Flight Vehicle Aerodynamics” and has been developed for use not only in conventional classrooms but also in a massive open online course (or MOOC) offered on the pioneering MOOC platform edX. It will also serve as a valuable reference for professionals in the field. The text assumes that the reader is well versed in basic physics and vector calculus, has had some exposure to basic fluid dynamics and aerodynamics, and is somewhat familiar with aerodynamics and aeronautics terminology.


About the Author:
Mark Drela is Terry J. Kohler Professor of Fluid Dynamics in the Department of Aeronautics and Astronautics at MIT.

March 2014
ILP Research Group
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Big Data / Analytics

ILP Research Report
Survey of MIT research covering such topics as:

Algorithms * Data Structures * Massive Scale Data * Social Data * Complex Analytics * Optimization * Prediction Analysis * Big Data for Cities * Visual Data * Systemic Risk Analysis...




Please note that not all ILP research reports are posted online. The main ILP RESEARCH REPORT LIST serves as a guide to MIT research on topics that have been of interest to ILP member companies. The reports vary from formal to more informal formats. The list includes reports from 2009 to present and is updated regularly.

March 20, 2014
Technology Review and MIT ILP
Technology Review Business Report

MIT Technology Review Business Report: Data and Decision Making

Big data is changing forever how businesses decide what to do. Read how businesses can employ the scientific method to decision making, and the important new role of the data scientist. The Business Report gives executives and entrepreneurs consistently valuable insights into how emerging technologies can transform companies, disrupt markets, or create entirely new industries. This special ILP edition of the Business Reports also includes a sampling of relevant MIT research in departments and interdepartmental research laboratories and centers across the Institute.