The Mussa puzzle: A generalization
نویسندگان
چکیده
One of the most compelling pieces evidence for monetary non-neutrality is Mussa puzzle: break in regime when Bretton Woods system broke down increased volatility not only nominal exchange rate but real rate. Using data covering forty-four countries from 1954 to 2019, I find that puzzle generalizable: any a changes also This provides further non-neutrality.
منابع مشابه
a generalization of strong causality
در این رساله t_n - علیت قوی تعریف می شود. این رده ها در جدول علیت فضا- زمان بین علیت پایدار و علیت قوی قرار دارند. یک قضیه برای رده بندی آنها ثابت می شود و t_n- علیت قوی با رده های علی کارتر مقایسه می شود. همچنین ثابت می شود که علیت فشرده پایدار از t_n - علیت قوی نتیجه می شود. بعلاوه به بررسی رابطه نظریه دامنه ها با نسبیت عام می پردازیم و ثابت می کنیم که نوع خاصی از فضا- زمان های علی پایدار, ب...
On a generalization of "Eight Blocks to Madness" puzzle
We consider a puzzle such that a set of colored cubes is given as an instance. Any cube is the unit length on each edge and its surface is colored so that what we call Surface Color Condition is satisfied. Given a palette of 6 colors, the condition requires that each face should be assigned exactly one color and all faces should be assigned 6 different colors from each other. The puzzle asks to...
متن کاملA New Generalization of the Gompertz distribution
In this paper, a new distribution of the three-parameter lifetime model called the Marshall-Olkin Gompertz is proposed on the basis of the Gompertz distribution. It is a generalization of the Gompertz distribution having decreasing failure rate and can also be increasing and bathtub-shaped depending on its parameters. The probability density function, cumulative distribution function,...
متن کاملA GENERALIZATION OF PRIME HYPERIDEALS
Let $R$ be a multiplicative hyperring. In this paper, we introduce and study the concept of n-absorbing hyperideal which is a generalization of prime hyperideal. A proper hyperideal $I$ of $R$ is called an $n$-absorbing hyperideal of $R$ if whenever $alpha_1o...oalpha_{n+1} subseteq I$ for $alpha_1,...,alpha_{n+1} in R$, then there are $n$ of the $alpha_i^,$s whose product ...
متن کاملA GENERALIZATION OF CORETRACTABLE MODULES
Let $R$ be a ring and $M$ a right $R$-module. We call $M$, coretractable relative to $overline{Z}(M)$ (for short, $overline{Z}(M)$-coretractable) provided that, for every proper submodule $N$ of $M$ containing $overline{Z}(M)$, there is a nonzero homomorphism $f:dfrac{M}{N}rightarrow M$. We investigate some conditions under which the two concepts coretractable and $overline{Z}(M)$-coretractable...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: European Economic Review
سال: 2022
ISSN: ['1873-572X', '0014-2921']
DOI: https://doi.org/10.1016/j.euroecorev.2022.104222