The 2008 crisis highlighted the linkages between the financial sector and the real economy, as well as between the corresponding stabilization policies: macroprudential and monetary (M&Ms). Our game-theoretic analysis focuses on the increasingly adopted separation setup, in which M&Ms are conducted by two different institutions (e.g. in Australia, Canada, Eurozone, Sweden, Switzerland and the U...

n recent years, there has been a significant evolution in the formulation and communication of monetary policy at a number of central banks around the world. Many of these banks now present their economic outlook and policy strategies to the public in a more formal way, a process accompanied by the introduction of modern analytical tools and advanced econometric methods in forecasting and polic...

We analyze the optimal policy for the sequential selection of an alternating subsequence from a sequence of n independent observations from a continuous distribution F , and we prove a central limit theorem for the number of selections made by that policy. The proof exploits the backward recursion of dynamic programming and assembles a detailed understanding of the associated value functions an...

In this article we introduce the notion of n-capable groups. It is shown that every group G admits a uniquely determined subgroup (〖Z^n)〗^* (G) which is a characteristic subgroup and lies in the n-centre subgroup of the group G. This is the smallest subgroup of G whose factor group is n-capable. Moreover, some properties of n-central extension will be studied.

There are two fundamenta l issues that must be considered when purchas ing any standalone EPLI product. Preferably, these issues will be evaluated before the insurance broker goes to market and begins negotiating more specif ic cove rage terms. First, the policyholder should decide whether it wants a "working layer" program (i.e., a policy wi th re la t ive ly low l i m i t s c o m b i n e d w ...

Organic agriculture (OA) includes a comprehensive production management system that is considered as one of the strategies to reduce negative impacts of industrial agriculture in many countries. This research was identifying factors affecting the development of OA in Ardabil province. A descriptive– correlation survey approach was used in this study. Participants were agricultural specialists o...

this article seeks to identify and classify the micro factors affecting the implementation of poverty reduction policy in iran. the existence and spread of poverty in society, in spite of the existent policy programs is the sign of some weaknesses in the executive models of policy. policy making in the field of poverty reduction theoretically is classified into several categories different fact...

BACKGROUND Heavy alcohol use among U.S. college students is a major contributor to young adult morbidity and mortality. The aim of this study was to examine whether college alcohol policy enforcement levels predict changes in student drinking and related behaviors in a state system of public colleges and universities, following a system-wide change to a stricter policy. METHODS Students and a...

background although there is a general agreement on the benefits of evidence informed health policy development given resource constraints especially in low-income countries (lics), the definition of what evidence is, and what evidence is suitable to guide decision-making is still unclear. our study is contributing to filling this knowledge gap. we aimed to explore health policy actors’ views r...