Results 151 to 160 of about 351,222 (274)
"Orgullo negro" contra "poder negro"
, 1968 "Aldebarán, Juan" también ha firmado sus artículos como "Haro Tecglen, Eduardo, 1924-2005"
openaire +1 more source
Does the Phillips Curve Lie Down as We Age?
Journal of Money, Credit and Banking, EarlyView.Abstract Using microlevel data, we present evidence that older individuals are less willing to substitute across varieties of goods. We estimate the elasticity of substitution for different age groups and find that the youngest cohort (aged 25–34) exhibits a higher elasticity of substitution compared to the oldest group (65+).
CHADWICK CURTIS +2 more
wiley +1 more source
Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation
Journal of Money, Credit and Banking, EarlyView.Abstract We revisit the reversal puzzle: a counterintuitive contraction of inflation in response to an interest rate peg. We show that its occurrence is intimately related to the degree of agents' anticipation. If agents perfectly anticipate the peg, reversals occur depending on the duration of the peg.
RAFAEL GERKE +2 more
wiley +1 more source
Heterogeneity in Imperfect Inflation Expectations: Theory and Evidence from a Novel Survey
Journal of Money, Credit and Banking, EarlyView.Abstract Using survey data from Germany, we study heterogeneity in how households form inflation expectations. We elicit (i) uncertainty in perceptions of current inflation and (ii) how persistent households perceive inflation to be. Combining these with standard survey questions on inflation, we infer laws of motion for expectations at the individual ...
ALISTAIR MACAULAY, JAMES MOBERLY
wiley +1 more source
CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective
Journal of Money, Credit and Banking, EarlyView.Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley +1 more source
Taylor Rule Deviations Across Horizons: A Practical Tool for Monetary Policy
Journal of Money, Credit and Banking, EarlyView.Abstract We propose “Taylor rule yields” across horizons for the United States. Applying the standard Taylor rule to expected paths of inflation and the output gap, we construct a sequence of short‐term rates under neutral monetary policy stances, whose average defines the Taylor rule yield at each horizon.
MASAZUMI HATTORI +2 more
wiley +1 more source
Journal of Anatomy, EarlyView.A three‐dimensional biomechanical model of the musculoskeletal system is used to analyse the potential locomotor functions of the small (~1 kg) Late Triassic archosaurian reptile Gracilisuchus stipanicicorum. The study finds that, potentially like the ancestral archosaur, this taxon was probably quadrupedal, plantigrade and neither strongly sprawling ...
Agustina Lecuona +3 more
wiley +1 more source
Privilege Versus Right: Vigilantism Against Israel's Palestinian Citizens
Sociology Lens, EarlyView.ABSTRACT This article addresses three core questions: What is the social origin of vigilantism? How do vigilantes justify extra‐legal violence and intimidation? What are vigilantism's long‐term effects? The analysis focuses on a period in which Israel's Palestinian‐Arab citizens increased their access to legal rights, social mobility, spatial ...
Gershon Shafir, Beatrice Waterhouse
wiley +1 more source