The Role of "Determinacy" in Monetary Policy Analysis [PDF]
It is well known that the concept of "determinacy"-a single stable solution-plays a major role in contemporary monetary policy analysis. But while determinacy is desirable, other things equal, it is not necessary for a solution to be plausible and is not
Bennett T. McCallum
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The philosophical significance of binary categories in Habermas’s discourse ethics [PDF]
The philosophical programme associated with the discourse ethics of Jürgen Habermas has been widely discussed in the literature. The fact that Habermas has devoted a considerable part of his work to the elaboration of this philosophical programme ...
Susen, Simon
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Monetary Policy Shifts, Indeterminacy and Inflation Dynamics [PDF]
The New-Keynesian Phillips curve plays a central role in modern macroeconomic theory. A vast empirical literature has estimated this structural relationship over various postwar full-samples.
Paolo Surico
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Modern perspectives in Proof Theory. [PDF]
Aguilera JP, Pakhomov F, Weiermann A.
europepmc +1 more source
Price Indeterminacy Reinvented: Pegging Interest Rates While Targeting Prices, Inflation, or Nominal Income [PDF]
Contrary to Sargent and Wallace (1975), a central bank’s use of an interest-rate instrument does determine prices when the central bank pursues either a short-term or long-term price target.
David Eagle
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PyTorch-FEA: Autograd-enabled finite element analysis methods with applications for biomechanical analysis of human aorta. [PDF]
Liang L, Liu M, Elefteriades J, Sun W.
europepmc +1 more source
The Relativity of Indeterminacy. [PDF]
Del Santo F, Gisin N.
europepmc +1 more source
Executable First-Order Queries in the Logic of Information Flows [PDF]
Aamer, Heba +4 more
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First Principles for an Effective Rewrite of the Telecommunications Act of 1996 [PDF]
The increasing centrality of the Internet in modern communications, together with massive changes in the landscape of the telecommunications market, have intensified the calls for Congress to overhaul the Telecommunications Act of 1996. In this paper, we
Nuechterlein, Jonathan E. +1 more
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Credit Market Distortions, Asset Prices and Monetary Policy [PDF]
: We study the conditions that ensure rational expectations equilibrium (REE) determinacy and expectational stability (E-stability) in a standard sticky-price model augmented with the cost channel.
Pfajfar, D., Santoro, E.
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