We study the implications of trend inflation for an economy’s long-run growth rate. To do so, we extend a New Keynesian model to allow for endogenous growth. The defining characteristic of the New Keynesian framework is that inflation and nominal price stickiness together induce relative price dispersion and thus reduce monopoly profits. When the framework is embedded in an endogenous growth mo...

Bangladesh is still a low urbanized country although it experienced a rising trend in the level of urbanization throughout the twentieth century and had a remarkably high urban growth immediately after its independence in 1971. The country recorded the highest ever annual average growth rate (9.04) and percentage of interval variation (137.57%) in an urban population in 1974; thereafter, growth...

PURPOSE To evaluate the effects of bimatoprost 0.03% single treatment for 3 years on intraocular pressure (IOP) and visual field performance. METHODS We monitored the IOP of 62 patients with normal-tension glaucoma every 1-3 months. The Humphrey visual field test was performed every 6 months after treatment and the results obtained were compared to those before treatment. In addition, visual ...

BACKGROUND The purpose of this study was to evaluate the effects of topical nipradilol monotherapy for 5 years on intraocular pressure, visual field performance, and optic disk topography. METHODS Thirty patients with normal tension glaucoma were monitored for intraocular pressure every 1-3 months. A Humphrey visual field test and measurement of optic disk configuration using the Heidelberg r...