the most important objectives of monetary policy are to provide price stability, economic growth and favorable employment levels. since achieving these goals is not directly accessible for policy makers, so introducing and studying the appropriate tools and intermediate targets seem necessary. for this reason, this paper tries to answer this question: whether can we introduce an appropriate rul...

Over the last decades the research on monetary policy has largely concentrated on the impact of monetary authorities’ decisions on inflation and the fine-tuning of the macroeconomic, so that distributional effects of monetary policy which are non-trivial has been ignored. A view that has become increasingly popular since the financial crisis 2008 is that expansionary monetary policy can exacerb...

in this research, potential effects of oil and monetary policy shocks on economic growth of iran are examined and share of each of them on economic growth are calculated during 1974-2006 period and potential mutual effects of those shocks by using the vector auto regressive (var) model are analysed. results of this research show that oil shocks significantly affected the economic growth in iran...

Using a macroeconomic model, we explore how sources of shocks and vulnerabilities matter for the transmission U.S. monetary changes to emerging market economies (EMEs). We utilize calibrated two-country New Keynesian model with financial frictions, partly-dollarized balance sheets, imperfectly anchored inflation expectations. Contrary other recent studies that also emphasize shocks, our approac...

Business cycle theories based on incomplete information start from the premise that key economic decisions on pricing, investment or production are often made on the basis of incomplete knowledge of constantly changing aggregate economic conditions. As a result, decisions tend to respond slowly to changes in economic fundamentals, and small or temporary economic shocks may have large and long-l...

In this paper, we discuss the question of closure conditions for dialogues in three different frameworks: W. C. Mann’s DMT framework, Vanderveken’s illocutionary theory of discourse and Asher and Lascarides SDRT approach. We are interested in formal frameworks that aim to describe the logical structure of conversations between diversely bounded agents who are to some extent rational, intelligen...

In this paper, we focus on the diversity-multiplexing tradeoff (DMT) in MIMO channels and introduce the development of DMT in MIMO channels. Zheng and Tse first proposed DMT in MIMO channels and based on their ideas, other researchers extended to many different aspects. We will study DMT in different MIMO fading channels, DMT curves and DMT under different protocols.

We present a new low-complexity method for the design of channel shortening equalizers for discrete multitone modulation systems using the eigenfilter approach. In contrast to other such methods which require a Cholesky decomposition for each delay parameter value used, ours requires only one such decomposition. Simulation results show that our method performs nearly optimally in terms of obser...