In this paper an open economy model of the New Keynesian Phillips Curve incorporating three different factors of production, domestic labor and imported as well as domestically produced intermediate goods, is developed and estimated for 9 euro area countries and the euro area aggregate. This general model nests existing closed economy and open economy models as special cases. We find that struc...

THE IMPACT OF PHYSIOLOGICAL ARTIFACT CORRECTION ON TASK FMRI GROUP COMPARISON Steffen Bollmann, Lars Kasper, Carmen Ghisleni, Simon-Shlomo Poil, Peter Klaver, Lars Michels, Dominique Eich-Höchli, Daniel Brandeis, and Ruth L. O'Gorman Center for MR-Research, University Children's Hospital, Zurich, Zurich, Switzerland, Institute for Biomedical Engineering, University and ETH Zurich, Zurich, Switz...

This paper and an earlier version entitled \Simulated Likelihood Estimation of Di usions with an Application to the Short Term Interest Rate" have bene tted from helpful conversations with Jo~ao Amaro de Matos, Lars Peter Hansen, Lars Nielsen, Jes us Sa a-Requejo, and Jos e Scheinkman, as well as seminar participants at Carnegie-Mellon University, London Business School, Northwestern University...

There is no way to predict whether the price of stocks and bonds will go up or down over the next few days or weeks. But it is quite possible to foresee the broad course of the prices of these assets over longer time periods, such as, the next three to five years. These findings, which may seem both surprising and contradictory, were made and analyzed by this year’s Laureates, Eugene Fama, Lars...

From ‘Bygdebok’ type database to HPR – data exchange format .................................................. 28 Wiki Web Techniques (Lars Holden) ............................................................................................. ....30 The page structure in the HPR-wiki ................................................................................... 31 Transcription ...............