Results 101 to 110 of about 1,468,730 (198)

Some Bounds for the Number of Components of Real Zero Sets of Sparse Polynomials

, 2005
We prove that the zero set of a 4-nomial in n variables in the positive orthant has at most three connected components. This bound, which does not depend on the degree of the polynomial, not only improves the best previously known bound (which was 10 ...
Perrucci, Daniel
core  

Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates [PDF]

Ignoring the existence of the zero lower bound on nominal interest rates one considerably understates the value of monetary commitment in New Keynesian models. A stochastic forward-looking model with lower bound, calibrated to the U.S.
Klaus Adam, Roberto Billi
core   +3 more sources

Overcoming the zero bound on nominal interest rates with negative interest on currency : Gesell's solution. [PDF]

An economy is in a liquidity trap when monetary policy cannot influence either real or nominal variables of interest. A necessary condition for this is that the short nominal interest rate is constrained by its lower bound, typically zero.
Buiter, Willem H.
core   +1 more source

Spanish lower and upper bounded change of state verbs: focusing on transitive experiencer object verbs

Linguistics
Transitive causative change of state (TCoS) verbs elicit scalar readings, distinguishing them between: upper-bounded verbs (e.g., dry), denoting a culminating change of state, and lower-bounded verbs (e.g., wrinkle), denoting a change from a zero to a ...
Fritz-Huechante Paola, Verhoeven Elisabeth   +1 more
doaj   +1 more source

Securing the Peace after a Truce in the War on Inflation [PDF]

Central bankers in the major industrial economies have come close to securing the peace, or in some cases, have secured it in the battle against inflation, hostilities that lasted almost as long as the Cold War.
Reinhart, Vincent-R
core  

Have we underestimated the likelihood and severity of zero lower bound events? [PDF]

Before the recent recession, the consensus among researchers was that the zero lower bound (ZLB) probably would not pose a significant problem for monetary policy as long as a central bank aimed for an inflation rate of about 2 percent; some have even ...
David Reifschneider, Hess Chung, Jean-Philippe Laforte, John C. Williams   +3 more
core  

Reducing the Lower Bound on Market Interest Rates [PDF]

This paper critically discusses three proposals to overcome the zero interest bound, which have recently been proposed by prominent economists. We trace back the historical origins of these proposals, reaching back to the late 19th century, and comment ...
Cordelius Ilgmann, Metin Kaptan, Ulrich van Suntum   +2 more
core  

Gamma-invariant ideals in Iwasawa algebras

, 2008
Let kG be the completed group algebra of a uniform pro-p group G with coefficients in a field k of characteristic p. We study right ideals I in kG that are invariant under the action of another uniform pro-p group Gamma.
Ardakov, K., Wadsley, S. J.
core  

European bank margins at the zero lower bound

Journal of International Money and Finance, 2021
Present, Thomas, Simoens, Mathieu, Vander Vennet, Rudi   +2 more
openaire   +1 more source

Decay of solutions of a degenerate hyperbolic equation

Electronic Journal of Differential Equations, 1998
This article studies the asymptotic behavior of solutions to the damped, non-linear wave equation $$ ddot u +gamma dot u -m(|abla u|^2)Delta u = f(x,t),, $$ which is known as degenerate if the greatest lower bound for $m$ is zero, and non-degenerate if ...
Julio G. Dix
doaj