We investigate how a positive relation between inflation and capital investment (the Mundell–Tobin effect, MT-E) affects optimal monetary policy in framework that combines overlapping generations new Monetarist models. find rates above the Friedman rule are if only there is an MT-E. In absence of MT-E, optimal. With increasing leads to first-order welfare gain from investment, second-order loss...

In this paper, a tree based neural network viz. MARS (Friedman, 1991) for the modelling of the yield strength of a steel rolling plate mill is described. The inputs to the time series model are temperature, strain, strain rate, and interpass time and the output is the corresponding yield stress. It is found that the MARS-based model reveals which variable's functional dependence is nonlinear, a...

Renmin Li 1,2,*, Tao Liu 1,2,3,*, Yimin Zhang 1,2,3,4, Jing Huang 1,2,3 and Chengbao Xu 1,2 1 Hubei Collaborative Innovation Center for High Efficient Utilization of Vanadium Resources, Wuhan 430081, China; [email protected] (Y.Z.); [email protected] (J.H.); [email protected] (C.X.) 2 College of Resource and Environmental Engineering, Wuhan University of Science and Technology, Wuhan 430081, Chi...

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Monetary policy is a modern idea of which David Hume is generally considered a precursor. Moreover, thanks to Milton Friedman and Robert Lucas, he is often presented as one of the first and most illustrious endorser of monetarism. This paper argues against this view, and in agreement with Joseph Schumpeter, that Hume’s contribution to economics, while not insignificant, cannot claim any real no...

this study aimed to investigate the relationship between job satisfaction and rganizational citizenship behavior and personality traits city staff lorestan. the research objective of the application and the method of data collection, descriptive, correlative to-be conducted in 1394. the study population of 500 municipal employees lorestan 217 employees were selected using cochran formula the se...

the present study aimed to explain the factors affecting the usage of electronic insurance in iran insurance company and its operating strategies in khuzestan province. the research method is descriptive-survey method, and data collecting instrument is questionnaire. the study population is consisted of 480 people of all staff and experts the sales network in iran insurance company in khuzestan...