This paper shows that switching the dominant use of household-specific sticky wages in the New Keynesian model (Erceg, Henderson, and Levin 2000) for firm-specific sticky wages has qualitative and quantitative consequences. First, the model with firm-specific sticky wages incorporates endogenous changes in the rate of unemployment, whereas there is no unemployment with household-specific sticky...

Long-term changes in infants' behavior as a result of active motor training were studied. Thirty-two infants completed three visits to the laboratory. At the first visit, infants were 3 months old and completed an object exploration assessment. Then the experimenter demonstrated the motor training procedures appropriate for the infant's experimental condition, and parents took home custom infan...

background and objectives: infection is the most common cause of death among burnt patients and infection control decrease the rate of mortality. the use of sticky mat can control contamination by preventing the entrance microorganisms into the hospital wards. this study was designed to evaluate the sticky mats effect in reduction of microorganism’s entry by personnel shoes to burn intensive ca...

A 3D dynamical model is used to study the motion in the central parts of an elliptical galaxy, hosting a massive and dense nucleus. Our aim is to investigate the regular or chaotic character of the motion, with emphasis in the different chaotic components, as well as the sticky regions of the dynamical system. In order to define the character of the motion in the 2D system, we use the classical...

Abstract We give a full analytic characterization of large class sticky-price models where the firm’s price-setting behavior is described by generalized hazard function. Such function allows for vast variety empirical hazards to be fitted. This setup microfounded random adjustment costs, as in Caballero and Engel (1999), or information frictions, Woodford (2009). establish two main results. Fir...

Microscopic observations of cultured cells in many lab-on-a-chip applications mostly utilize digital image acquisition using CCD sensors connected to a personal computer. The functionalities of this digital imaging can be enhanced by implementing computer-vision based augmented reality technologies. In this study, we present a new method for precisely relocating biological specimens under micro...

Transitory price changes, namely short lived deviations from a reference price level, are prominent in the data but do not fit neatly in standard sticky price models. We analyze a sticky price model where a firm chooses a price plan, namely a set of 2 prices. Changing the plan entails a menu cost, but either price in the plan can be charged at any point in time. The setup generates a persistent...

During the last decade, several studies have argued that sticky information model proposed by Mankiw and Reis (2002), in which firms update their information occasionally rather than instantaneously, explains some stylized facts about the inflation dynamics. Sticky information pricing model successfully captures the sluggish movement of aggregate prices in response to monetary policy shocks. De...