Andrew Glover and Jose Mustre-del-Rio examine how monetary policy may amplify or dampen the response of employment inflation to an increase in minimum wage. Their model-based analysis suggests a wage has expansionary effects on economy if central bank is relatively unresponsive current inflation, contractionary responds more aggressively (more than one-for-one) inflation. More generally, their ...

Glover’s planning–control model is based on his finding that visual illusions exert a larger effect in early phases than in late phases of a movement. But evidence for this dynamic illusion effect is weak, because: (a) it appears difficult to replicate; (b) Glover overestimates the accuracy of his results; and (c) he seems to underestimate the illusion effect at late

Working on artificial intelligence, one of the tasks we can carry on is optimization of the possible solutions of a problem. Optimization problems appear. In optimization problems we search for the best solution, or one good enough, to a problem among a lot of alternatives. Problems we try to solve are usual in daily living. Every person constantly works out optimization problems, e.g. finding ...

Marcia Venegas-Pont, Keisa W. Mathis, Radu Iliescu, William H. Ray, Porter H. Glover, and Michael J. Ryan Department of Physiology and Biophysics and the Center for Excellence in Cardiovascular Renal Research, University of Mississippi Medical Center, Jackson, Mississippi; and Department of Physiology, “Gr. T. Popa” Biomedical Research Center, “Gr. T. Popa” University of Medicine and Pharmacy, ...