Results 61 to 70 of about 2,778 (162)
Monetary Policy When Preferences Are Quasi‐Hyperbolic
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley +1 more source
Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt
Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
HIDEHIKO MATSUMOTO
wiley +1 more source
Bogomol’nyi-like equations in gravity theories
Using the Bogomol’nyi–Prasad–Sommerfield Lagrangian method, we show that gravity theory coupled to matter in various dimensions may possess Bogomol’nyi-like equations, which are first-order differential equations, satisfying the Einstein equations and ...
Ardian Nata Atmaja
doaj +1 more source
On the relation between the Feynman paradox and the Aharonov–Bohm effects
The magnetic Aharonov–Bohm (A–B) effect occurs when a point charge interacts with a line of magnetic flux, while its reciprocal, the Aharonov–Casher (A–C) effect, occurs when a magnetic moment interacts with a line of charge.
Scot McGregor +3 more
doaj +1 more source
Policy Biases in a Model with Labor‐Market Frictions
Abstract We develop a model with labor‐market matching frictions that is subject to a range of shocks, including shocks to matching efficiency and bargaining power, and use the model to examine how monetary policy should respond to such shocks. We show that optimal monetary policy responds effectively to these shocks, producing economic outcomes that ...
RICHARD DENNIS, TATIANA KIRSANOVA
wiley +1 more source
Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice
ABSTRACT We study aversion to model ambiguity and misspecification in dynamic portfolio choice. Risk‐averse investors (relative risk aversion γ>1$\gamma > 1$) fear return persistence, while risk‐tolerant investors (0<γ<1$0<\gamma <1$) fear mean reversion, when confronting model misspecification concerns of identically and independently distributed (IID)
PASCAL J. MAENHOUT +2 more
wiley +1 more source
PART I – USUAL PROBLEMS OF OPTIMIZING THE ACTION SYSTEMS OFTHE BAND TRANSPORTERS [PDF]
Most of the systems of electric action are non-linear systems, including the continuous transportsystems with band, that could be brought by linearization and negligence at the linear system.
Nicoleta-Maria MIHUT
doaj
Isoperimetric inequalities on slabs with applications to cubes and Gaussian slabs
Abstract We study isoperimetric inequalities on “slabs”, namely weighted Riemannian manifolds obtained as the product of the uniform measure on a finite length interval with a codimension‐one base. As our two main applications, we consider the case when the base is the flat torus R2/2Z2$\mathbb {R}^2 / 2 \mathbb {Z}^2$ and the standard Gaussian measure
Emanuel Milman
wiley +1 more source
Bezier Curves Method for Fourth-Order Integrodifferential Equations
The Bezier curves method is applied to solve both linear and nonlinear BVPs for fourth-order integrodifferential equations. Also, the presented method is developed for solving BVPs which arise from the problems in calculus of variation. These BVPs result
F. Ghomanjani +2 more
doaj +1 more source
Finite Element Modeling of a Thermoplastic Polyurethane Ball for Rolling Seismic Isolation
ABSTRACT The Elastomeric‐Ball Pendulum (EBP) system, which consists of an elastomeric ball rolling on a spherical concrete surface, has been proposed as an isolation system for lightweight structures. Experimental tests have shown that the mechanics of such a rolling ball are remarkably complicated because the vertical load changes the shape of the ...
Sergio I. Reyes +2 more
wiley +1 more source

