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The Quadratic Formula
The Quadratic Formula
This paper will state and prove the quadratic formula.
Tyler Keane
Real Analysis I (Workshop 2)
Real Analysis I (Workshop 2)
Real Analysis Workshop 2 1.3.10
Philip Mak
JMP: A New Keynesian Model Useful for Policy
JMP: A New Keynesian Model Useful for Policy
I add price-dispersion to a benchmark zero-inflation steady-state New Keynesian model. I do so by assuming the economy has experienced a history of shocks, which have caused the Central Bank to miss its target for inflation and output, as opposed to the conventional practice of linearizing around a non-stochastic steady state. I then allow the inflation targeting Central Bank to optimize policy. The results are truly starting.\par The model simultaneously embeds endogenous inflation and interest rate persistence in an institutionally-consistent optimizing framework. This creates a meaningful trade-off between inflation and output-gap stabilization following demand and technology shocks. This resolves the so-called 'Divine Coincidence', explains the preference for 'coarse-tuning' over 'fine-tuning' and the focus in policy circles on inflation forecast targeting. When estimated the model performs well against a battery of demanding econometric tests. \par Along the way, a novel econometric test of the 'Divine Coincidence' is developed- it is rejected in favor of a substantial trade-off. A welfare equivalence is derived between a class of New Keynesian models and their flexible price counterparts suggesting previous proposed resolutions may be inadequate. Finally, a novel paradox relating the 'Divine Coincidence' to 'fine-tuning' stabilization policy is derived.
David Staines
Cryptology and Combinatorics
Cryptology and Combinatorics
Math 299S Final Project
Thomas Lenell
cesar_pino_cv
cesar_pino_cv
LaTeX Template: Curriculum Vitae Source: http://www.howtotex.com/ Feel free to distribute this template, but please keep the referal to HowToTeX.com. Date: July 2011 How to use writeLaTeX: You edit the source code here on the left, and the preview on the right shows you the result within a few seconds. Bookmark this page and share the URL with your co-authors. They can edit at the same time! You can upload figures, bibliographies, custom classes and styles using the files menu. If you're new to LaTeX, the wikibook is a great place to start: http://en.wikibooks.org/wiki/LaTeX
cesar pino
Identifying Sunspots.
Identifying Sunspots.
Our project titled "Identifying Sunspots," involved the observation and the attempt to collect extensive data on sunspots. In our project, we created a detailed summary of what sun spots are, how they form, how to identify them, and why they are important to us. The in-class presentation served as an opportunity for us to collaborate as a group to learn something on our own, collect data, and to share what we discovered with our classmates.
David
Introducción a MATLAB
Introducción a MATLAB
En el presente post, haremos una breve introducción de la herramienta MATLAB. Presentaremos funciones, operaciones y gráficos con más de dos datos, para asi luego ordenar y hacer cálculos con matrices.
Benjamin Pastene Rebolledo
University College Cork - MA Module Assignment
University College Cork - MA Module Assignment
Template source: Short Sectioned Assignment LaTeX Template Version 1.0 (5/5/12) This template has been downloaded from: http://www.LaTeXTemplates.com Original author: Frits Wenneker (http://www.howtotex.com) License: CC BY-NC-SA 3.0 (http://creativecommons.org/licenses/by-nc-sa/3.0/)
Brian Sheridan
yzengmath1
yzengmath1
Math project......
SaraZeng