Handelingen O.R. XVI - 2e afl.

Xv Xvi

-Monetary policy operates in a different environment than it did a decade ago. Financial market innovations have eroded the distinctions among monetary assets, making the definition of money increasingly arbitrary. Deregulation of interest rates and banking activity is changing the behavior of the monetary aggregates, as banks pay interest on monetary assets and nonbanks offer monetary-like ass...

XVI. Miscellaneous

Xv Xvi

The stock market crash of 1987 sent shock waves through the world's financial markets. Stock exchanges in New York, Chicago, London, Tokyo, Frankfurt, and a host of other cities suffered major declines. In response, credit markets, commodity markets, and foreign exchange markets registered sharp swings. Not since the Great Depression had the world seen such turmoil in financial markets. But, dr...

Xvi. Neurophysiology

At the time of the Quarterly Progress Report of April 15, 1958, I thought that no circuit could preserve error-free action if it were composed of 3 neurons, each receiving only 2 inputs. To correct this, let me replace the jot in any Venn symbol (1) by 1 if the jot is always present, by 0 if it is always absent, and by p if it is present with a probability p due to a shift of the threshold 0 of...

The AFL penetrometer study: work in progress.

Five hundred and seventy one matches in the Australian Football League [AFL] had ground hardness measured using a Penetrometer, over the period 1997-2000. The method used was 3 drops at each of 20 locations over the playing field on the morning before games. Anterior Cruciate Ligament [ACL] injuries were recorded using an ongoing injury surveillance system. There was a non-significant trend tow...