1 I n t r o d u c t i o n Although some progress has been made in the area of metaphor understanding, little has been made in metaphor generation. Current solutions rely upon a rather direct encoding of alternatives. There is no computational theory that can account for metaphor generation from basic principles. Although generating all types of metaphors from basic principles is very difficult,...

This paper analyzes the stability of the exchange rate in an economy with noise traders. Noise trading is restricted to agents investing in the domestic stock market. The agents pricing foreign exchange hold rational expectations. Monetary policy is affected by the behavior of investors in the domestic stock market and in turn affects fundamental stock evaluations as well as noise trading. We s...

abstract: this paper investigates the existence of the house money effect among individual investors by using the intraday transactions dataset in iran stock market. regarding the purpose of investigation the relation between the investment gains and the change in risk taking, firstly, we calculate the profit profile of investors in each day. then, the risk taking of every investor are calculat...

This paper describes the chaotic monetary environment of medieval and early modern Europe. The poor quality of the coinage was a result both of problems with the supply of bullion and with deficiencies of monetary policy. The paper examines the supply and demand of bullion and the determinants of bullion flows. It then discusses the economics and politics of debasement. It concludes with a desc...

The Series of Economic Policy Papers of the Central Bank of Chile presents views and analyses of the Chilean economy and the conduct of monetary policy prepared by Bank authorities. This series, aimed at the general public, disseminates and discusses topics that are relevant to the goals and operations of the Central Bank. The views expressed in this document are those of the staff team and are...

Managing inventory in distribution systems involves taking decisions on the quantity of inventory to be placed at different stages so that a desired customer service level can be achieved at minimum cost. In this paper, we present the case of the distribution system of an Indian FMCG company, which despite having centralized control takes replenishment decisions based on local stock information...

the objective of this study is to derive a money demand function compatible with the islamic economic rules, i.e., prohibition of reba. this rule, evidently eliminates the loan market from the economy.therefore, we propose that the islamic financial markets could link the real and nominal sectors of the economy and provide the information needed by both the financial intermediaries and the cent...