Is Inflation Targeting a Strategy Past its Sell-by Date?

The Natural Rate Hypothesis : An idea past its sell - by - date

Central banks throughout the world predict inflation with new-Keynesian models where, after a shock, the unemployment rate returns to its so called “natural rate’. That assumption is called the Natural Rate Hypothesis (NRH). This paper reviews a body of work, published over the last decade, which is critical of the NRH. I argue that the NRH does not hold in the data and I provide an alternative...

Radiology: does it have a sell-by date?

In a few years we are likely to see 3D images generated instantly, and with comparable resolution to today's 2D views. Inclusion of functional information, possibly at the molecular level, could also assist in clinical decision-making. Some specialist clinicians with intimate knowledge of their field of interest are likely to have a better understanding of the pathology and physiology of an org...

DATE Past Events

Is scientific literature subject to a sell-by-date? A general methodology to analyze the durability of scientific documents

The study of the citation histories and ageing of documents are topics that have been addressed from several perspectives, especially in the analysis of documents with “delayed recognition” or “sleeping beauties”. However, there is no general methodology that can be extensively applied for different time periods and/or research fields. In this paper a new methodology for the general analysis of...

DATE Past Events