Increased focus on price stability by a discretionary central bank reduces output and price volatility in a model with rationally inattentive …rms. The volatility reduction can be arbitrarily large, e.g., imply a ‘Great Moderation’, and is particularly pronounced when …rms can process information almost perfectly. The model-implied vector auto-regressive (VAR) dynamics are consistent with the e...

the main hypothesis in this paper is that sahebe javaher is be wrong related to exact calculating of surplus of blood money to the difference sexuality (male, femal , hermaphrodite). in this paper which written on descriptive- analytic, the author in first time criticize on sahebe javaher view point about to participate in killing of on muslim person regarding to circumstances of calculation of...

This study focuses on the discussion of correlation acoustic and dynamic characteristics hybrid panels, namely Micro-perforated Panel (MPP) Honeycomb (HC) structures. Acoustic in experimental studies are obtained by sound absorption coefficient Sound Transmission Loss. Meanwhile, mode frequency response analysis numerical simulation methods. The results these two serve as a benchmark for develo...

M-Pesa, a service operated by the mobile phone network Safaricom in Kenya, allows users to deposit money onto their telephone handsets, transfer e-money to another user with a simple text message, and withdraw cash at one of thousands of outlets throughout the country. The system is safer, cheaper, and far faster than the money transfer systems that it replaced. Although only five years old, M-...

Verb learning seems especially difficult for children learning many languages, at least relative to nouns. Many have speculated because this is because verbs refer to relational events that are components of much more complex events. Consider a buying-selling event. If the child hears the verb “buy”, does it mean sell, get, handover, give money, or perhaps smile? By this view, a key problem in ...

We define an Intuitionistic Conditional Logic for Access Control called CICL . The logic CICL is based on a conditional language allowing principals to be defined as arbitrary formulas and it includes few uncontroversial axioms of access control logics. We provide an axiomatization and a Kripke model semantics for the logic CICL , prove that the axiomatization is sound and complete with respect...

In developing regions of the world such as Sub-Saharan Africa, access to basic financial services such as funds transfer and bill payments are unavailable to over 70% of the population. Mobile money technologies, which entail the use of mobile technology in facilitating financial transactions, have presented themselves as viable methods of reaching this segment of the population known as the un...

t is an honor and a pleasure to have this opportunity, on the anniversary of Milton and Rose Friedman's popular classic, Free to Choose, to speak on Milton Friedman's monetary framework and his contributions to the theory and practice of monetary policy. About a year ago, I also had the honor, at a conference at the University of Chicago in honor of Milton's ninetieth birthday, to discuss the c...

Theories of management and work motivation distinguish between two kinds of rewards--extrinsic and intrinsic. Extrinsic rewards are ones such as money and verbal reinforcement which are mediated outside of the person, whereas intrinsic rewards are mediated within the person. We say a person is intrinsically motivated to perform an activity if there is no apparent reward except the activity itse...