منابع مشابه
Sticky Prices vs . Sticky Information
The working papers published in the Series constitute work in progress circulated to stimulate discussion and critical comments. Views expressed represent exclusively the authors' own opinions and do not necessarily refl ect those of the editors. Die Deutsche Bibliothek verzeichnet diese Publikation in der deutschen National-bibliografi e; detaillierte bibliografi sche Daten sind im Internet üb...
متن کاملSticky Demand vs. Sticky Prices
Sticky demand – sticky nominal spending – acts as a substitute for sticky prices. In an inventorytheoretic model of the demand for money, monetary injections are offset by endogenous movements in velocity that keep nominal spending flat. When embedded in a sticky price model, this reduces the model’s reliance on implausibly large amounts of exogenous stickiness. For example: 6 months asset mark...
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kinase better known for triggering DNA replication also helps create the sticky heterochromatin at centromeres of fission yeast, according to Julie Bailis, Susan Forsburg (Salk Institute, La Jolla, CA), and colleagues. The dual action makes sense, as chromosomes must be stuck together as soon as they are replicated. The responsible kinase activity, Hsk1 (CDC7)–Dfp1, is restricted to S phase, wh...
متن کاملSticky fingers for migration
Sticky fingers for migration R oaming cells send out sticky fi ngers to probe for good attachment points, say Catherine Galbraith, Kenneth Yamada, and James Galbraith (NIH, Bethesda, MD). The fi ngers’ sideways movements give cells a wider fi eld of vision than do forward and reverse movements alone. These sideways movements were picked up by the authors as ripples in the plasma membrane at the...
متن کاملSticky Leverage
This paper considers the macroeconomic effects of allowing for nominal debt contracts in the context of a quantitative business cycle model with financial market frictions. In our setting, as in reality, corporations fund themselves by choosing the appropriate mix of nominal defaultable debt and equity securities to issue in every period. Corporate debt is priced fairly taking into account defa...
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ژورنال
عنوان ژورنال: Proceedings of the Royal Society A: Mathematical, Physical and Engineering Sciences
سال: 2019
ISSN: 1364-5021,1471-2946
DOI: 10.1098/rspa.2018.0773