The paper discusses the causes of failure of inflation stabilization plans. Following a description of stylized facts of inflation stabilization, a model of Balance of Payments crises is presented, highlighting some of the main factors leading to the collapse of stabilizations. Empirical results obtained when estimating a binary probit model over a panel of 34 stabilizations identify real excha...

BACKGROUND A systematic literature review of interspinous dynamic stabilization, including DIAM, Wallis, Coflex, and X-STOP, was conducted to assess its safety and efficacy. METHODS The search was done in Korean and English, by using eight domestic databases which included KoreaMed and international databases, such as Ovid Medline, Embase, and the Cochrane Library. A total of 306 articles wer...

We study a feedback stabilization problem for a first-order hyperbolic partial differential equation. The problem is inspired by the stabilization of equilibrium age profiles for an age-structured chemostat, using the dilution rate as the control. Two distinguishing features of the problem are that (a) the PDE has a multiplicative (instead of an additive) input and (b) the state is fed back to ...

the present work is aimed to find a new and efficient type of antioxidants for polypropylene. hence, effects of 3,3-bis(4-hydroxy-2-methyl-5-propan-2-ylphenyl)-2-benzofuran-1-one, generally known as thymolphthalein, on thermo-oxidative stability of polypropylene in solid and melt states were evaluated and compared with those of songnox 1010, an efficient commercially used antioxidant for the po...

We study a stabilization problem for systems with quantized output feedback. The state estimate from a Luenberger observer is used for control inputs and quantization centers. First we consider the case when only the output is quantized and provide data-rate conditions for stabilization. We next generalize the results to the case where both of the plant input and output are quantized and where ...

In a sticky-price model in which money can potentially play a key role in business cycles, I estimate monetary policy preference parameters under commitment in a timeless perspective. Empirical findings suggest that inflation stabilization and interest rate smoothing are the main objectives of monetary policy, with a very small role for output gap stabilization. Though the money growth rate is ...