The papers in this symposium address the issue of multiple equilibria that can be induced by monetary policy in models with capital accumulation. In particular they examine how the “Taylor Principle”, under which interest rates respond more than proportionately to increases in inflation, can generate multiple equilibria. They also explore the design of policies to avoid the problem of multiple ...

In this paper the authors explore the ability of simple monetary models with bounded rationality to account for the joint distribution of money and prices. They impose restrictions on the size of the mistakes agents can make in equilibrium and argue that countries with high inflation are likely to satisfy these restrictions. Their computations show that the model with bounded rationality does n...

Kline, M. A. (2015) How to learn about teaching: An evolutionary framework for the study of teaching behavior in humans and other animals. Behavioral and Brain Sciences 38:e31. Pasquinelli, E., Zalla, T., Gvozdic, K., Potier-Watkins, C. & Piazza, M. (2015) Mind, brain, and teaching: Some directions for future research. Behavioral and Brain Sciences 38: e54. doi.org/10.1017/S0140525X14000697. BE...

When (a) holds it is easy to characterize dissipativity in an explicit way. In fact it is easy to prove that the set of assumptions (a)-(b) is equivalent to (a)-(b*) with (b*) There exists R > 0 such that IorFi(t, Rei) d t < 0 ; 1 < i _ < 3 ; where le l,e2,e31 denotes the canonical basis of ~3. As a consequence of the theorem we obtain a result that is reminiscent of Massera 's theorem for plan...

In this paper, we re-examine the empirical relevance of the cost channel of monetary policy. We employ recently developed moment-conditions inference procedures, which provide a more e¢ cient and reliable econometric framework than in previous literature. Using US data, our results suggest that there is no substantial evidence for the existence of a cost channel. Keywords: Cost channel; Phillip...

By Timothy Michael Sullivan, M.S. Washington State University August 2004 Chair: David F. Bahr The transverse piezoelectric properties of thin piezoelectric films were measured using the rectangular membrane method (RMM) developed at Washington State University. This method was compared with other methods from literature performed at WSU. The measured properties were used to evaluate piezoelect...

Background. In this paper we describe the application of the ASTM committee E31 standard guidelines for implementing a model for a computerized patient record [1]. Sao Paulo University Hospital is updating its clinical information systems and we intend to use international standards to facilitate the implementation and the integration of the new system [2]. This university hospital has six inst...

We develop a random-matching model to study the price dynamics of monies produced privately according time-consuming mining technology. For our leading example, there exists unique equilibrium where value money increases over time and reaches steady state. There is also continuum perfect-foresight equilibria inflates bursts gradually time. Initially, held for speculative motive, but it acquires...

فرزند‌پروری پس از طلاق یکی تکالیف حساس پیش روی والدین مُطلقه، و عوامل مؤثر در سلامت روانی فرزندان به شمار می‌آید. هدف این مطالعه کشف تبیین تجارب زیسته‌ هم‌والدگری است. روش کیفی با استفاده پدیدارشناسی توصیفی انجام شد. جامعه پژوهش شامل کلیه‌ والدینی بود که تجربه‌ فرزندپروری را داشته‌اند. برای تعیین حجم نمونه معیار اشباع داده شد نمونه‌گیری هدفمند تعداد 12 نفر (زن، مرد) انتخاب شدند مورد مصاحبه‌ نیمه...

Is credit expansion a sign of desirable financial deepening or the prelude to an inevitable bust? We study this question in modern US data using structural VAR model 10 monthly frequency variables, identified by heteroskedasticity. Negative reduced-form responses output growth are caused endogenous monetary policy response shocks. On average, and remain positively associated. “Financial stress”...