Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation
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
Demonstration of efficient predictive surrogates for large-scale quantum processors. [PDF]
Liao WY +7 more
europepmc +1 more source
ABSTRACT The paper deals with the construction of a synthetic indicator of economic growth, obtained by projecting a quarterly measure of aggregate economic activity, namely gross domestic product (GDP), into the space spanned by a finite number of smooth principal components, representative of the medium‐to‐long‐run component of economic growth of a ...
Alessandro Giovannelli +2 more
wiley +1 more source
Broadband Infrared Absorption Features of Metasurfaces Constructed with a Titanium-Dielectric-Titanium Array Architecture. [PDF]
Zhang C +7 more
europepmc +1 more source
ABSTRACT This study develops a novel multivariate stochastic framework for assessing systemic risks, such as climate and nature‐related shocks, within production or financial networks. By embedding a linear stochastic fluid network, interpretable as a generalized vector Ornstein–Uhlenbeck process, into the production network of interdependent ...
Giovanni Amici +3 more
wiley +1 more source
Revealing the interplay between flow dynamics and cavitation activity in a flow-through sonoreactor. [PDF]
Javidani A +4 more
europepmc +1 more source
Straddling “The Gulf Between Medicine and Law”: Medico‐legal addiction and Japanese psychiatry
Abstract Increasing punitive drug regulations in Japan amplify longstanding tensions within psychiatric practice, pushing psychiatrists to balance clinical obligations with complex socio‐legal demands. This article analyzes how psychiatrists specializing in illicit substance use disorders to navigate escalating criminalization by developing diagnostic ...
Selim Gokce Atici
wiley +1 more source
The cocktail method: influence of microbubble shell homogeneity on acoustic behavior and stability.
Poc P +10 more
europepmc +1 more source
Symbolic Calculus for a Class of Pseudodifferential Operators with Applications to Compactness. [PDF]
Bényi Á, Oh T, Torres RH.
europepmc +1 more source
The hunger artist and academic migration: On political depression and relational poverty
Abstract This autoethnography presents fragments of an invisible life, an ordinary body navigating the terrain of ‘academic migration’ (2009–2025), from rejection as a PhD applicant to recognition as a high‐achieving graduate. Provoked by my recent pursuit of Fulbright Postdoctoral Award in the United States, I draw on Kafka's figure of the hunger ...
Dave Yan
wiley +1 more source

