Perhaps the 1970s FOMC did what it said it did

Perhaps the FOMC Did What It Said It Did: An Alternative Interpretation of the Great Inflation

Bank of Canada working papers are theoretical or empirical works-in-progress on subjects in economics and finance. The views expressed in this paper are those of the authors. No responsibility for them should be attributed to the Bank of Canada. ii Acknowledgements We received many valuable comments from participants of the 2006 Workshop on Macroeconomic Forecasting, Analysis and Policy with Da...

What did they know, and when did they know it?

voted to ease monetary policy, which was widely reported as a lowering of interest rates. Although some interest rates fell with the Fed' s action, the declines were generally small, and over succeeding months market interest rates tended to rise. The yield on the Treasury' s 10-year note, for example, which had been 5.63 percent on January 30, and which closed at 5.60 percent on January 31, st...

The Hippi did it

and colleagues have identified a protein called Hippi as one possible mediator of Huntington disease (HD) neuronal cell death. HD begins with expansion of the polyglutamine repeats in the huntingtin protein (Htt). This frees up Hip1 protein, which normally binds to Htt. Free Hip1 can then bind to the Hippi protein identified by Nicholson, and the two proteins join in a complex with procaspase 8...

It shouldn't have happened, but it did.

The faculty of language: what is it, who has it, and how did it evolve?

We argue that an understanding of the faculty of language requires substantial interdisciplinary cooperation. We suggest how current developments in linguistics can be profitably wedded to work in evolutionary biology, anthropology, psychology, and neuroscience. We submit that a distinction should be made between the faculty of language in the broad sense (FLB) and in the narrow sense (FLN). FL...