expansionary monetary policy with floating exchange rates in the long run

International Financial Market and Korean Economy Monetary approaches in the long run

International Financial Market and Korean Economy Monetary approaches in the long run

Ngày tải lên : 23/12/2015, 16:02
... Money, Prices, and Exchange Rates in the Long Run: Money Market Equilibrium in a Simple Model  In the long run the exchange rate is determined by the ratio of the price levels in two countries ... hypothesis provides another key building block in the theory of how exchange rates are determined  The theory we develop here has two parts The first part involves the theory of purchasing power, ... consider the links between inflation and the nominal interest rate in an open economy, and then return to the question of how best to understand what determines exchange rates in the long run The Demand...
  • 64
  • 800
  • 0
THE REAL ECONOMY IN THE LONG RUN pot

THE REAL ECONOMY IN THE LONG RUN pot

Ngày tải lên : 29/06/2014, 01:20
... Curve 477 FYI Interest Rates in the Long Run and the Short Run 478 Changes in the Money Supply 479 The Role of Interest-Rate Targets in Fed Policy 481 IN THE NEWS The FOMC Explains Itself 482 ... THE REAL ECONOMY IN THE LONG RUN 12 Production and Growth 13 Saving, Investment, and the Financial System 14 The Basic Tools of Finance These chapters describe the forces that in the long run ... PRICES IN THE LONG RUN 335 CHAPTER 16 THE MONETARY SYSTEM 337 The Meaning of Money 338 The Functions of Money 338 The Kinds of Money 339 IN THE NEWS Monetary Lessons from Iraq 340 Money in the U.S...
  • 585
  • 501
  • 0
Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market doc

Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market doc

Ngày tải lên : 06/03/2014, 02:21
... further rate increases were not imminent.9 Therefore, although the policy actions boosted short-term interest rates, the expected future rates fell, leading to the decline in long rates It is interesting ... Monetary Policy and Financial Markets New York: Federal Reserve Bank of New York Radecki, Lawrence, & Reinhart, Vincent 1994 The Financial Linkages in the Transmission of Monetary Policy in the ... τ The surprise computed in this way, therefore, is equal to the “true” surprise, plus the average targeting errors made later in the month, minus the scaled-up premium The first of these may introduce...
  • 24
  • 484
  • 0
Báo cáo y học: " Peripheral endothelial dysfunction is associated with gas exchange inefficiency in smokers" pdf

Báo cáo y học: " Peripheral endothelial dysfunction is associated with gas exchange inefficiency in smokers" pdf

Ngày tải lên : 12/08/2014, 13:22
... patients with mild-to-moderate COPD mainly consist of the thickening of the intima in pulmonary muscular arteries, which interferes with lumen size [38] Interestingly, studies conducted in smokers with ... have been reported in older individuals by Rinder et al and Rywik et al [5,6] Furthermore, exercise training seems to influence endothelial function with corresponding increases in exercise capacity ... to the conception, design and acquisition of the data as well as the analysis and interpretation of the data, were involved in drafting the manuscript or revising it critically for important intellectual...
  • 9
  • 331
  • 0
Báo cáo y học: "Two-year Outcome of Turkish Patients Treated with Zotarolimus Versus Paclitaxel Eluting Stents in an Unselected Population with Coronary Artery Disease in the Real World: A Prospective Non-randomized Registry in Southern Turk

Báo cáo y học: "Two-year Outcome of Turkish Patients Treated with Zotarolimus Versus Paclitaxel Eluting Stents in an Unselected Population with Coronary Artery Disease in the Real World: A Prospective Non-randomized Registry in Southern Turk

Ngày tải lên : 25/10/2012, 11:18
... treating single de novo lesions in patients with symptomatic coronary artery disease has been examined in the first four trials of the ongoing ENDEAVOR clinical trials program The results of these ... thrombosis remains a limitation of DES technology Therefore, longer-term safety is a pressing concern when comparing ZES with PES, particularly given the differences in drug release kinetics The longer-term ... angiograms The glycoprotein IIb/IIIa inhibitor (Tirofiban) was administered at the operator’s discretion All patients maintained anti-platelet therapy following the procedure (aspirin 300 mg/d...
  • 6
  • 550
  • 0
Tài liệu Central bank rates, market rates and retail bank rates in the euro area in the context of the recent crisis docx

Tài liệu Central bank rates, market rates and retail bank rates in the euro area in the context of the recent crisis docx

Ngày tải lên : 15/02/2014, 05:20
... more vigorously than those in other countries, thereby passing on the increase in their financing costs Interest rates on floating- rate loans for house purchase with an initial rate fixation period ... in keeping with the trend in market interest rates, short-term rates moved more substantially than did long- term rates, reacting more notably to both the increase in central bank rates in June ... analyses their trends since the start of 2008 Central bank rates, market rates and retail bank rates in the euro area in the context of the recent crisis The retail interest rates presented in this...
  • 26
  • 1K
  • 0
Chronicles of a Dallas Cowboys Fan: Growing Up With America''''s Team in the 1960''''s by John Eisenberg pptx

Chronicles of a Dallas Cowboys Fan: Growing Up With America''''s Team in the 1960''''s by John Eisenberg pptx

Ngày tải lên : 14/03/2014, 17:20
... diddle/Perkins up the middle.‖) When I was ten, the Cowboys outgrew the failings of their infancy and became a championship contender I followed them with the single-minded zeal of young love I knew the ... seventies by then, walking with a cane and neither seeing nor hearing well, and he loathed the long walk from the parking lot to the stadium We arrived early to give him time to get to his seat without ... Mahal-like stadium in Arlington with dancing girls writhing in cages in the upper deck Cowboy games in a half-empty Cotton Bowl might as well have happened when dinosaurs roamed the earth The Cotton...
  • 18
  • 466
  • 0
Postal Savings and the Provision of Financial Services: Policy Issues and Asian Experiences in the Use of the Postal Infrastructure for Savings Mobilization pdf

Postal Savings and the Provision of Financial Services: Policy Issues and Asian Experiences in the Use of the Postal Infrastructure for Savings Mobilization pdf

Ngày tải lên : 15/03/2014, 09:20
... Postal savings for the people The introduction of savings accounts at post offices followed the rise of the savings bank movement in Scotland and thrift movements elsewhere in the beginning of the ... the posts, since 1889 the Sberbank has utilized the postal infrastructure, sharing counter space within post office buildings, mainly in those areas where it is too costly for them to maintain ... no interest in the utility of the postal infrastructure.20 Later, in Section E, we discuss private sector interest in finding opportunities in postal financial services Claims relating to the...
  • 38
  • 645
  • 3
The financial crisis and the pricing of interest rates in the Irish mortgage market: 2003-2011 ppt

The financial crisis and the pricing of interest rates in the Irish mortgage market: 2003-2011 ppt

Ngày tải lên : 15/03/2014, 14:20
... the variable interest rates in the post-2008 period 4.1 Data Table summarises the data used in the modelling The price lenders have to pay for their funding is a key variable of interest in the ... variable rates: banks’ interest margins and funding costs The net interest margins for Irish institutions have declined for the last two decades, as shown in the bottom of Figure The average net interest ... as the cost of the liquidity funding provided by the ECB and the Irish central bank are also incorporated within the analysis The rest of the paper is outlined as follows: Section provides further...
  • 40
  • 577
  • 0
Báo cáo khoa học: New members of the brachyurins family in lobster include a trypsin-like enzyme with amino acid substitutions in the substrate-binding pocket potx

Báo cáo khoa học: New members of the brachyurins family in lobster include a trypsin-like enzyme with amino acid substitutions in the substrate-binding pocket potx

Ngày tải lên : 23/03/2014, 03:20
... different in comparison with those of vertebrate trypsins, and also they are important for inhibitor binding [8] The phenylalanine and Ile residues in crayfish Loop37 interact with the C-terminal segment ... respect to the other P argus trypsins Leu content in PaTry4 (9.24%) was almost double that in all other trypsins in Fig except Astacide trypsins Interestingly, the Arg content in PaTry4 (3.61%) ... at the junction of the two barrels Another conserved characteristic of lobster trypsins is the presence of calcium-binding sites (Fig 3C) The calcium-binding motif does not occur in many invertebrate...
  • 13
  • 474
  • 0
DO EUROPEAN CENTRAL BANK’S STATEMENTS STEER INTEREST RATES IN THE EURO ZONE?* potx

DO EUROPEAN CENTRAL BANK’S STATEMENTS STEER INTEREST RATES IN THE EURO ZONE?* potx

Ngày tải lên : 29/03/2014, 01:20
... contained in interest rates around the date of the statement PCA consists in projecting the n daily changes in the interest rates we consider (Euro zone short- and long- term interest rates) on the ... before the meeting This is the reason why we prefer to include a measure of the unexpected change in the policy rate (the ‘surprise’ in monetary policy decisions) rather the actual change in policy ... the decision about the policy rate, but rather by the content of the statement of the central bank Indeed, in the Euro zone, as underlined in the introduction of this paper, market interest rates...
  • 24
  • 377
  • 0
Báo cáo hóa học: " Prevalence of the GJB2 IVS1+1G A mutation in Chinese hearing loss patients with monoallelic pathogenic mutation in the coding region of GJB2" pot

Báo cáo hóa học: " Prevalence of the GJB2 IVS1+1G A mutation in Chinese hearing loss patients with monoallelic pathogenic mutation in the coding region of GJB2" pot

Ngày tải lên : 18/06/2014, 16:20
... mutation in the GJB2 gene with either recessive or unclear pathogenicity, despite direct sequencing of the entire coding region of the gene [12-14] The ratio of a 309-kb deletion involving the GJB6 ... detected in an individual of the Uygur ethnic minority We did not find the 309-kb deletion of GJB6 in any of the 212 patients with monoallelic GJB2 coding region mutation or in any of the 105 ... serve as a routine testing point in patients with GJB2 monoallelic pathogenic mutation in China Conflict of interest statement The authors declare that they have no competing interests Acknowledgements...
  • 7
  • 695
  • 0
Báo cáo sinh học: " Research Article On an Inverse Scattering Problem for a Discontinuous Sturm-Liouville Equation with a Spectral Parameter in the Boundary Condition'''' pptx

Báo cáo sinh học: " Research Article On an Inverse Scattering Problem for a Discontinuous Sturm-Liouville Equation with a Spectral Parameter in the Boundary Condition'''' pptx

Ngày tải lên : 21/06/2014, 16:20
... Problems The aim of the present paper is to investigate the direct and inverse scattering problem on the half-line 0, ∞ for the boundary value problem 1.1 – 1.3 In the case ρ x ≡ 1, the inverse ... studied in 14 When ρ x ≡ in 1.1 with the spectral parameter appearing in the boundary conditions, the inverse problem on the half-line was considered by Pocheykina-Fedotova 15 according to spectral ... are defined In Section 3, the fundamental equation for the inverse problem is obtained and the continuity of the scattering function is showed Finally, the uniqueness of solution of the inverse problem...
  • 17
  • 289
  • 0
Báo cáo sinh học: " Research Article On an Inverse Scattering Problem for a Discontinuous Sturm-Liouville Equation with a Spectral Parameter in the Boundary Condition" potx

Báo cáo sinh học: " Research Article On an Inverse Scattering Problem for a Discontinuous Sturm-Liouville Equation with a Spectral Parameter in the Boundary Condition" potx

Ngày tải lên : 21/06/2014, 16:20
... Problems The aim of the present paper is to investigate the direct and inverse scattering problem on the half-line 0, ∞ for the boundary value problem 1.1 – 1.3 In the case ρ x ≡ 1, the inverse ... studied in 14 When ρ x ≡ in 1.1 with the spectral parameter appearing in the boundary conditions, the inverse problem on the half-line was considered by Pocheykina-Fedotova 15 according to spectral ... are defined In Section 3, the fundamental equation for the inverse problem is obtained and the continuity of the scattering function is showed Finally, the uniqueness of solution of the inverse problem...
  • 17
  • 352
  • 0
Báo cáo y học: "Self-rated health showed a consistent association with serum HDL-cholesterol in the cross-sectional Oslo Health Study" pptx

Báo cáo y học: "Self-rated health showed a consistent association with serum HDL-cholesterol in the cross-sectional Oslo Health Study" pptx

Ngày tải lên : 08/08/2014, 16:23
... shown in bold Note that the number of subjects varies due to incomplete data obtained in the questionnaire Men=1; women=2 Musculoskeletal pain score, with levels indicating increasing complaints ... all these lipids increased with increasing age group Significant differences are indicated Since, in general, LDL-C increased more than HDL-C, the HDL/LDL cholesterol ratio decreased with increasing ... and the present data are in accordance with earlier reports However, introducing smoking and alcohol intake into the logistic regression model had only a modest effect, suggesting only a minor influence...
  • 10
  • 347
  • 0
Báo cáo y học: "Subcutaneous Immunoglobulin-G Replacement Therapy with Preparations Currently Available in the United States for Intravenous or Intramuscular Use: Reasons and Regimens" docx

Báo cáo y học: "Subcutaneous Immunoglobulin-G Replacement Therapy with Preparations Currently Available in the United States for Intravenous or Intramuscular Use: Reasons and Regimens" docx

Ngày tải lên : 08/08/2014, 20:23
... IGIV therapy, or they may have been on insufficient doses or had their therapy interrupted before being referred to us for subcutaneous therapy For these patients and several others (including the ... infusions These included chills and rigours during IGIV infusions and/or severe headaches, often with nausea and vomiting or other symptoms of migraine that occurred during IGIV infusion or within ... resulting 40 mL of solution into an appropriate syringe, (2) attach the syringe to the pump, (3) insert the subcutaneous needle(s), (4) check to be sure they had not inadvertently inserted the...
  • 11
  • 420
  • 0
Báo cáo y học: "A web tool for finding gene candidates associated with experimentally induced arthritis in the rat" docx

Báo cáo y học: "A web tool for finding gene candidates associated with experimentally induced arthritis in the rat" docx

Ngày tải lên : 09/08/2014, 06:22
... polymorphism within the first intron of the gene encoding interferon-γ [12] IL22 (interleukin-22), CGC points 14.1, CGC ranking 2, manual rating IL22 was selected by the keywords 'inflam', 'T ... QTLs in rat were obtained from the RatMap database [7] These data were originally collected from experimentally induced inflammatory arthritis in rat strains susceptible to the following inducing ... 1), CGC points 219.7, CGC ranking 1, manual rating The very high point that NFKB1 obtained from the keyword query was in part due to the word 'arthritis' appearing in the corresponding OMIM text...
  • 8
  • 415
  • 0
Báo cáo y học: " A promoter haplotype of the interleukin-18 gene is associated with juvenile idiopathic arthritis in the Japanese population" pps

Báo cáo y học: " A promoter haplotype of the interleukin-18 gene is associated with juvenile idiopathic arthritis in the Japanese population" pps

Ngày tải lên : 09/08/2014, 07:20
... and the cleavage separated the reporter dye from the probe By comparing the fluorescent signals generated during PCR amplification, we determined the sequences present in the sample When the ... necessarily common among them Indeed, no increase in the frequency of the S01/S01 diplotype configuration was observed in RA patients in Chinese patients [42] and in JIA patients in Germany [40] One ... S01 of the IL18 gene is skewed in Japanese arthritis patients is due to a basal high frequency of the haplotype S01 in the Japanese population The findings in the present study raise the question...
  • 9
  • 559
  • 0
báo cáo khoa học: "Best linear unbiased prediction when error vector is correlated with other random vectors in the model" pptx

báo cáo khoa học: "Best linear unbiased prediction when error vector is correlated with other random vectors in the model" pptx

Ngày tải lên : 09/08/2014, 22:23
... (3.2) since the number of elements in fi would be the same as in IV An easier derivation ENDERSON Work by H (1950, 1959, 1963) has shown that under normality assumptions maximizing the joint density ... derivation follows the M procedure of M & C (1978) Note that, Then except for a constant, with respect to 13 and u and equating to be obtained using a Bayesian approach Differentiating these equations ... model with zero covariances between e and u The computational problems depend on the structure of S which influences the form of C and B The equivalent model allows one to directlyuse the usual...
  • 6
  • 307
  • 0

Xem thêm