the correct short-term interest rate will be able to maintain an economy at full employment while remaining at targeted inflation rates. The third principle of the Taylor rule tries to ensure a balance between conflicting situations such as “stagflation,” when inflation is high despite ...
The Taylor Rule equation is typically written as: r = p + 0.5y + 0.5(p - 2) + 2 Where: r= nominalfederal funds rate p= the rate of inflation y = the percent deviation between current real GDP and the long-term linear trend in GDP ...
One explanation for this is that Grenelle laws are based on the comply or explain principle which may lead to adaptative and interpretative disclosure strategies. In addition, environmental regulations may involve high costs of compliance. In the short-term, environmental disclosure regulations do not...
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Another important influence on Mill's life was his wife, Harriet Taylor, who he married in 1830. The pair worked so closely together on his writings that he is said to have considered her the co-author of many of his works.3 Mill worked for many years for the powerful East India Compan...
Rather, we believe we are making explicit a value or ‘principle of practice’ that has always tacitly been there, informing people's intuitive judgments on what is and is not Community OR. By drawing out this principle, and showing that it enables us to differentiate Community OR from non-...
Prestigious but inexpensive offices In some towns business premises are at a premium, with scarce office space rapidly being used up. So what do you do best if you need a base for a start-up company b...
Whether nature has intrinsic value, or whether humans have a moral responsibility and obligation to nature, is also a point of conflict between “weak sustainability” and “strong sustainability”. The question of intrinsic value is an important ethical principle in protecting individual organisms from...
measurement system. So far, only scant quantitative data are available. This paper presents and discusses selected aspects of the long-term durability of sensor behavior, sensor coupling and measurement hardware and software. The aim is to identify research and development needs for reliable, cost-...
However, one possible way to partly overcome this problem is using synthetic peptides, such as RGD or N-Cadherin, within 3D systems mimicking cell-to-cell contacts [198]. Although these devices can give insights into the single contribution of specific signalling pathways, they are unable to ...