منابع مشابه
Research Digest: Re-estimating the Rate of Deflation in Japan
Although there have been a very limited number of cases of defl ation in a developed country, one such case occurred in the United States during the Great Depression in the 1930s, where an annualized 7% price plunge was observed. Compared to this, the present defl ation in Japan can be considered as a moderate price decline continuing over a very long period. The fact that defl ation has not be...
متن کاملMonetary Policy and the Dangers of Deflation: Lessons from Japan
This paper investigates how monetary policy can help to avoid the liquidity trap by studying the experience of Japan. First, I analyze how the Bank of Japan conducted interest rate policy over the 1990s as the economy entered a deflationary slump. I use a new method of estimating the policy rule with a time-varying inflation target and a time-varying natural rate of interest. The estimation str...
متن کاملDeflation Methods in Fermion Inverters∗
I will review recent developments in matrix deflation methods, by Ronald Morgan/Walter Wilcox, Andreas Stathopoulos/Konstantinos Orginos, and Martin Lüscher, with application to lattice QCD fermion inversion. I will begin with a short review of deflation-related work in the field. The Morgan/Wilcox algorithms using GMRES and BiCGStab for deflation will be described. Typical results for quenched...
متن کاملMultidimensional Analytic Deflation
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متن کاملIsosingular Sets and Deflation
This article introduces the concept of isosingular sets, which are irreducible algebraic subsets of the set of solutions to a system of polynomial equations that share a common singularity structure. The definition of these sets depends on deflation, a procedure that uses differentiation to regularize solutions. A weak form of deflation has proven useful in regularizing algebraic sets, making t...
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ژورنال
عنوان ژورنال: Asian Economic Policy Review
سال: 2014
ISSN: 1832-8105
DOI: 10.1111/aepr.12041