The Formation of Inflation Expectations under Changing Inflation Regimes. Our empirical findings give a plausible explanation as to why the rational-expectations hypothesis based on direct measures of inflation expectations from ... Dahl,Christian,M.,... - 《Studies in Nonlinear Dynamics & Econometrics...
Indexation of wages, pensions and tax scales to allow for inflation requires a reliable measure of the rate of inflation. In Australia the Consumer Price Index (C.P.I.) has been the basis of all official indexation. This paper examines both theoretical and practical problems involved in constru...
They could argue with students exposed to conventional texts that the stickiness of nominal wages is peripheral to the substantive explanation for the occurrence of less than full employment output. Instead, they could contend that a fall in the nominal wage need not raise the level of employment...
[...] unable to understand the information referred to in subsection (2)(a) if he is able to understand an explanation of that information in broad terms and in simple language. legco.gov.hk (4) 若以 簡單用 語籠統地向某人解釋 第 (2)(a)款所述 的資料而該 人是能夠 理解的話 ,即不...
it is robust to the non-normality of the error term, it is unnecessary to formulate the expected inflation rate explicitly, and the returns of multiple assets can be analysed simultaneously.关键词: economies of scale elasticity of demand food and tobacco industries market power NEIO oligopoly ...
Inflation Fishbone Diagram The Fishbone Diagram helps teams brainstorm and organize potential causes of issues. Teams can then analyze these causes to identify the root problem. This structured approach ensures they consider all possible angles when solving a problem. Here is the process: Materials ...
There’s a thought that bigger bars of soap last longer. However, there is scientific evidence to the idea that a smaller surface area of soap means less soap hits the water, meaning the soap will last longer. My own, non-scientific explanation is this:When you start with less, there’...
Quiz and brief explanation of correct answers. Download: Download Powerpoint document (1MB) Teaching Slides. Questions 1/5: What is statistical power? Probability of detecting an effect when it truly exists Failure to detect an effect when it truly exists Probability of detecting an effect when...
M Gonzalez Corzo - University Library of Munich, Germany 被引量: 5发表: 2005年 The Dollarisation Paradox in Cambodia: Network Externalities Matter We provide so far the rst explanation for this counterfactual phenomenon. In doing so, this paper develops a theoretical model based on the framework...
graduated to marrying Sarkozy because she wanted a “man with nuclear power“. There’s no way up for her afterwards, so Sarko has gotta smash the unions. I don’t know if SamCam feels the same. And no, I have no explanation for Thatcher’s behaviour on that line of reasoning at ...