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
Free transverse vibration analysis of Non-uniform Nano-Timoshenko beams rotating around two perpendicular axes using differential quadrature method. [PDF]
Mohsen AM +8 more
europepmc +1 more source
Likelihood Estimation for Stochastic Differential Equations with Mixed Effects
ABSTRACT Stochastic differential equations provide a powerful tool for modelling dynamic phenomena affected by random noise. When time series are observed for several experimental units, it is often the case that some of the parameters vary between the individual experimental units.
Fernando Baltazar‐Larios +2 more
wiley +1 more source
Stability analysis of nonlinear algebraic-differential equations with 2-delays and numerical methods. [PDF]
Liao H, Li Q, Xia X, Tang D.
europepmc +1 more source
Factorizations in Hecke algebras I: Long‐cycle factorizations and Jucys–Murphy elements
Abstract Given a permutation, there is a well‐developed literature studying the number of ways one can factor it into a product of other permutations subject to certain conditions. We initiate the analogous theory for the type‐A$A$ Iwahori–Hecke algebra by generalizing the notion of factorization in terms of the Jucys–Murphy elements.
Jose Bastidas +5 more
wiley +1 more source
Barrier Lyapunov function-based robust adaptive neural network control with dynamically adjusted activation functions for Euler-Lagrange systems under position constraints. [PDF]
Yilmaz BM.
europepmc +1 more source
On Elliott's conjecture and applications
Abstract Let f:N→D$f:\mathbb {N}\rightarrow \mathbb {D}$ be a multiplicative function. Under the merely necessary assumption that f$f$ is nonpretentious (in the sense of Granville and Soundararajan), we show that for any pair of distinct integer shifts h1,h2$h_1,h_2$, the two‐point correlation 1x∑n⩽xf(n+h1)f¯(n+h2)$$\begin{equation*} \frac{1}{x}\sum _ ...
Oleksiy Klurman +2 more
wiley +1 more source
Some New Properties of an Active Flux Type Scheme: PamPa. [PDF]
Abgrall R, Liu Y, Öffner P.
europepmc +1 more source
A higher rank shifted convolution problem with applications to L$L$‐functions
Abstract While several instances of shifted convolution problems for GL(3)×GL(2)${\rm GL}(3) \times {\rm GL}(2)$ have been solved, the case where one factor is the classical divisor function and one factor is a GL(3)${\rm GL}(3)$ Fourier coefficient has remained open. We solve this case in the present paper.
Valentin Blomer, Junxian Li
wiley +1 more source
Generalized Euler method to study the vaccination effects on dynamics of measles infection model under non-singular kernel. [PDF]
Yadav LK +4 more
europepmc +1 more source

