This paper studies the usefulness of the P-model in the analysis of the behaviour of prices in Iranian economy. The P-model is based on the Quantity of Theory of Money. This model believes that the price level tends to move towards the equilibrium price level. The model uses price gap to forecast inflation, if the equilibrium price is greater than the current price, there is a tendency for the ...

We examine the impact of monetary policy on regional output gaps across 33 Indonesian provinces. Heterogeneous responses gap to shock are captured using Vector Autoregressive model. Moreover, idiosyncratic variations provinces accounted for different observed with spatial econometric The analysis suggests that economic structure and financial depth positively significantly determine aforesaid a...

This study examined the role of output-first presentation of vocabulary tasks in noticing lexical items and enhancing vocabulary knowledge of EFL learners. The participants were 103 elementary level female Iranian EFL learners who were randomly divided into three groups: input-only, inputoutput, and output-input groups. After all participants took a placement test and a vocabulary pretest, the ...

Design and implementation of a 10kV subnanosecond pulse generator using Trigatron type spark gap as a switch. Straightforward and compact trigger generator using pulse shaping network which produces a trigger pulse of subnanosecond rise time. A pulse power system requires delivering a high voltage, high coulomb in short rise time. This is achieved by using pulse shaping network comprises of par...

We have fabricated GaP two-dimensional photonic crystals (PCs) for terahertz (THz) wave generation by a reactive ion etching in Ar/Cl2 gas chemistries. We performed 75-mm-deep etching of GaP, in which Al2O3 layer is applied as a hard mask with its selectivity as high as 125. We demonstrated the THz-wave generation from the fabricated GaP slab waveguide with the PC structure as a cladding layer ...

The paper proposes and develops a novel smart ER microactuator with inherent position feedback mechanism. The microactuator consists of a pair of movable and fixed parallel plate electrodes with variable gap length and an upstream restrictor, and ERF (electro-rheological fluid) is supplied as a working fluid. By applying voltage to the electrodes, with the increased pressure drop due to ERF vis...

This paper compares the ECB’s conduct of monetary policy with that of the Bundesbank. Estimated monetary policy reaction functions for the Bundesbank (1979:4-1998:12) and the European Central Bank (1999:1-2004:5) show that, while the ECB and the Bundesbank react similarly to expected inflation, the ECB reacts significantly stronger to the output gap. Theoretical considerations suggest that this...