This paper shows that announced credible disinflations under inflation targeting lead to a boom in a standard New Keynesian model (i.e. a disinflationary boom). This finding is robust with respect to various parameterizations and disinflationary experiments. Thus, it differs from previous findings about disinflationary booms under monetary targeting.

Over the past 15 years, NASA Langley Research Center has conducted many tests investigating subjective response to simulated sonic booms. Most tests have used the Sonic Boom Booth, an airtight concrete booth fitted with loudspeakers that play synthesized sonic booms pre-processed to compensate for the response of the booth/loudspeaker system. Tests using the Booth have included investigations o...

The Concorde produces audible sonic booms as it passes 15 km north of Sable Island, Nova Scotia, where gray and harbor seals occur year round. The purpose of this research was to assess how sonic booms affect these seals. The intensity of the booms was measured and three types of data (beach counts, frequency of behavior, and heart rate) were collected before and after booms during the breeding...

The Sonic Boom Simulator at NASA Langley Research Center was used to (1) quantify subjective loudness of simulated composite sonic booms, each of which was comprised of a simulated direct (non-reflected) boom combined with a simulated reflection of the direct boom, and (2) evaluate several metrics as estimators of loudness for these composite booms. The direct booms consisted of selected N-wave...

A wire boom deployment system has been developed that uses a mechanism which is similar to the classic yo-yo despin mechanism. The goal has been to develop a way to rapidly deploy wire booms from a spinning sounding-rocket experiment. The main challenge in using a yo-yo-type mechanism is to dissipate the excess kinetic energy so that the wire booms do not re-wrap themselves about the spacecraft...

Using data covering over 100 birth-cohorts in 32 countries, we examine the shortand long-term effects of economic conditions on mortality. We find that small, but not large, booms increase contemporary mortality. Yet booms from birth to age 25, particularly those during adolescence, lower adult mortality. A simple model can rationalize these findings if economic conditions differentially affect...

While home price booms have been known for centuries, the recent boom is unique in its pervasiveness. Dramatic home price booms since the late 1990s have been in evidence in Australia, Canada, China, France, India, Ireland, Italy, Korea, Russia, Spain, the United Kingdom, and the United States, among other countries. There appears to be no prior example of such dramatic booms occurring in so ma...

The economic viability of a supersonic commercial transport airplane would be much enhanced if it could fly supersonically over land. Efforts to design an airplane to produce a minimized sonic boom at the ground require knowledge of the impact of ,sonic booms on people. Loudness, being a fundamental and well-understood characteristic of human he_zrin9, was chosen as a means of quantifying the m...