Hysteresis in a Three-Equation Model by Thomas R. Michl JEL E11, E12, O42

Two purely inorganic three-dimensional (3D) frameworks [Mn4(H2O)11V(IV)(18)O42(PO4)](7-) (1) and [Mn2(H2O)7V(IV)(18)O42(PO4)](11-) (2) were synthesized under hydrothermal conditions and fully characterized by single-crystal X-ray structural analysis, IR spectroscopy, thermogravimetric analysis and PXRD. Structural analysis revealed that these two compounds contained a similar all reduced polyox...

Free-range birds exert substantial physical activity and are prone to adverse weather; these might increase the burden of reactive species in the body and hence initiate oxidative stress. Thirty-six one-day-old Ross 308 broilers were divided in 3 groups (12 birds each). The first group (I42) was kept indoors according to common rearing practices, and received a commercial feed ad libitum. The s...

The O-antigen gene clusters of Escherichia coli serogroups O2 and O28ac were sequenced, and PCR assays were developed to identify strains belonging to these 2 serogroups. Sixteen and 8 open reading frames were mapped to these loci in E. coli O2:H4 U 9-41 and E. coli O28ac:H25 96-3286, respectively. The wzx (O-antigen flippase) and wzy (O-antigen polymerase) genes in the E. coli O2 and O28ac O-a...

BACKGROUND Enteropathogenic (EPEC) and Enteroaggregative (EAEC) E. coli have similar, but distinct clinical symptoms and modes of pathogenesis. Nevertheless when they infect the gastrointestinal tract, it is thought that their flagellin causes IL-8 release leading to neutrophil recruitment and gastroenteritis. However, this may not be the whole story as the effect of bacterial adherence to IEC ...

In this article consumers need money to reduce their transaction costs. We highlight the existence of indeterminacy under a constant money growth within an endogenous growth framework. Real indeterminacy is avoided by an alternative monetary policy such as the interest pegging. The residual price indeterminacy is also ruled out if this monetary policy is completed by a non-Ricardian ...scal pol...

This paper constructs a stochastic version of an endogenously growing economy with a public good that raises the productivity of private capital. We explore how growth and welfare are influenced by changes in the mean and variance of productive public spending under two alternative financing methods, mixed money–bond financing and wealth-tax financing. In addition, to evaluate the differences b...

The paper presents a monetary model of endogenous growth and specifies an econometric model consistent with it. The economic model suggests a negative inflation-growth effect, and one that is stronger at lower levels of inflation. Empirical evaluation of the model is based on a large panel of OECD and APEC member countries over the years 1961-1997. The hypothesized negative inflation effect is ...

The paper extends the literature on financial development, inflation, and growth by using the idea that both the rates of return on physical and human capital affect growth. This leads to the introduction of the investment rate into the model, as a proxy for the return to physical capital, along with the inflation rate as a variable affecting the return to human capital. As a result financial d...