This paper tests whether or not gains to monetary policy coordination exist in the New Keynesian two country model proposed in Clarida, Gali and Gertler (2002). Major innovations include rigorous numerical analysis that takes advantage of recent techniques proposed by Laffargue (1990) and Klein (2000) and an attention to robustness analysis as advocated by McCallum (1999) by comparing all resul...

Recent events have renewed the debate on the desirability of imposing institutional constraints on government policy. This paper investigates how policy constraints discipline the behavior of discretionary governments in dynamic stochastic monetary economies and evaluates the welfare properties of such restrictions. Across a variety of possible shocks, the best policy is to impose a minimum sur...

money and the way people spend it may cause lots of tension among family members; therefore, it is important to concentrate on money and the way it is spent. this article aims to address how women and men treat money as well as their differences and similarities. a mixed method (field research and survey) was designed to answer this question. qualitative data was gathered by using semi structur...

Numerous states have recently legalized recreational marijuana, which has created a burgeoning marijuana industry needing and demanding access to a variety of banking and financial services. Due, however, to the interplay between the federal criminalization of marijuana and federal anti-money laundering laws, U.S. financial institutions cannot handle legally the proceeds from marijuana activity...

Web-based instruction and online learning are changing customary practices in education. As conventional patterns for content delivery are influenced by new and improving technologies, educators are challenged to keep up with modern innovations while maintaining pedagogically sound teaching methods. These challenges are further exacerbated by issues of time, money, quality and access. They are ...

Lexical-semantic function was investigated in 10 participants with lesions of the dominant nonthalamic subcortical (NS) region and a matched normal control group. Participants performed speeded lexical decisions on the 3rd member of auditorily presented word triplets. The 4 critical triplet conditions were concordant (coin-bank-money), discordant (river-bank-money), neutral (day-bank-money), an...