TIPKIBASIMININ YEN?DEN YAYINLANMASI MÜNASEBET?YLE KADI BURHANEDD?N D?VANI’NDA YEN? OKUYU?LAR

Daniel Meneveaux , Eric Maisel and Kadi Bouatouch

Computing global illumination in a moderate time for complex environments and walking through them is one of the challenges in computer graphics. To meet this goal, a prepro-cessing is necessary. This preprocessing consists in partitioning the environment into cells and determining visibility between these cells. Most of the existing partitioning methods rely on the Binary Space Partitioning te...

A Dollar or Yen

There are pros and cons for different countries to join a union and adopt a common currency. The European economic and monetary union is viewed to generate fewer costs and deliver greater benefits to its members. Several studies evaluate whether natural currency areas emerge based on historical pattern of international trade and of co-movements of prices and outputs, and found a well-defined do...

The yen for success

Basic and applied research have historically been rather uncomfortable bedfellows, but biotechnology is one area where progress from concept to application can be staggeringly fast. Less than 10 years ago researchers were pondering how to sequence large tracts of DNA reasonably quickly, yet today Celera has a market capitalization of close to $1 billion for doing just that. Facilitating crossov...

WHITHER THE YEN? IMPLICATIONS OF AN INTERTEMPORAL MODEL OF THE YEN/DOLLAR RATE Menzie

This paper documents the evidence for a fiscal model of the Yen/Dollar real exchange rate over the 1974-1994 period. Cointegrating relationships between the real exchange rate and productivity, government spending and the real price of oil are estimated using the Johansen (1988) and Stock-Watson (1993) procedures. The neoclassical fixed-factors fiscal model of Rogoff (1992) is found to have som...

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