Giannoni and Woodford (2003a, 2003b) and Hansen and Sargent (2003, 2004) have recently developed different notions of robust policy, and both approaches have been applied in the context of optimal monetary policy. In this note, I demonstrate that both approaches lead to exactly the same implicit instrument rule for the policy maker in a standard, forward-looking, new Keynesian model. Despite th...

∗ Department of Environmental Studies, University of California, Santa Cruz, CA 95064, USA †Research Centre for Climate Change and Sustainability, School of Earth and Environmental Sciences, Mawson Bld., Room G39, University of Adelaide, SA 5005, Australia ‡Department of Natural Resources, Fernow Hall, Cornell University, Ithaca, NY 14853, USA § 36 Sargent Camp Rd. Hancock, NH 03449, USA ∗∗ Org...

SHALEV ITZKOVITZ∗, RON MILO∗, NADAV KASHTAN∗, REUVEN LEVITT∗, AMIR LAHAV†,‡ and URI ALON∗ ∗Departments of Molecular Cell Biology and Physics of Complex Systems, Weizmann Institute of Science, Rehovot 76100, Israel †The Music Mind and Motion Lab, Sargent College of Health and Rehabilitation Sciences, Boston University, Boston, MA 02215, USA ‡Department of Neurology, Beth Israel Deaconess Medical...

An increasing body of research indicates that the attractive portrayal of smoking in movies is a factor in the uptake of smoking by young people. Indeed, a recent study by Sargent et al suggests that in the United States, exposure to movie smoking is the primary independent risk factor for smoking initiation in adolescents aged 10 to 14 years, accounting for smoking initiation in more than one ...

Derivatives are alternative financial instruments which extend traders opportunities to achieve some financial goals. They are risk management instruments that are related to a data in the future, and also they react to uncertain prices. Study on pricing futures can provide useful tools to understand the stochastic behavior of prices to manage the risk of price volatility. Thus, this study eval...

Background. Several researchers have studied the effects of type of feedback on learning motor skills, but there are few studies on the interaction between personality traits and the type of feedback. Objectives. This study aimed at investigating the effect of type of feedback on intrinsic motivation and learning volleyball jump serve in students with neuroticism. Methods. A total of 59 femal...

INTRODUCTION Phase ratio is a measure of effort distribution in the triple jump, and defined as the ratio of three phase distances of the triple jump. Hop-dominant, balanced, and jump-dominant techniques were three triple jump techniques defined based on phase ratio. Although previous studies demonstrated that individualized optimal phase ratios exist [3], the importance of the phase ratio cann...

The anterior cruciate ligament (ACL) injury is a common occurrence in sports requiring stop-jump tasks. Single- and double-leg stop-jump techniques are frequently executed in sports. The higher risk of ACL injury in single-leg drop landing task compared to a double-leg drop landing task has been identified. However the injury bias between single- and double-leg landing techniques has not been i...

Asset returns have been modeled in continuous time as diffusions by Black and Scholes (1973) and Merton (1973), as pure jump processes by Cox and Ross (1976), and as jump-diffusions by Merton (1976). The jump processes studied by Cox and Ross display finite activity, while some recent research has considered some pure jump processes with infinite activity. Two examples of these infinite-activit...