A Comparison of the Properties of NZM and FPS PDF Download
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Author: Aaron Drew
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 56
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Book Description
Author: Aaron Drew
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 56
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Book Description
Author: Aaron Drew
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The New Zealand Treasury and the Reserve Bank of New Zealand both maintain and use comprehensive macroeconomic models of the New Zealand economy: NZM and FPS respectively. In this paper, shocks are applied to the two models to illustrate and compare their dynamic properties. The most notable differences arise from their characterisations of the inflation process. In NZM, inflation is modelled as a cost-push phenomenon, whereas FPS models inflation as a demand pull process. Consequently, shocks arising from demand and cost sources often have quite different implications for monetary policy in the two models. In contrast, in general the long-run responses of the models to permanent shocks are quite similar, although the transition paths differ reflecting both the differing inflation processes and adjustment dynamics.
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 160
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Book Description
Author: Robert Byron Bird
Publisher:
ISBN:
Category : Chemical engineering
Languages : en
Pages : 780
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Book Description
Author: Kiran Sridhara Kedlaya
Publisher: MAA
ISBN: 9780883858073
Category : Mathematics
Languages : en
Pages : 360
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Book Description
This third volume of problems from the William Lowell Putnam Competition is unlike the previous two in that it places the problems in the context of important mathematical themes. The authors highlight connections to other problems, to the curriculum and to more advanced topics. The best problems contain kernels of sophisticated ideas related to important current research, and yet the problems are accessible to undergraduates. The solutions have been compiled from the American Mathematical Monthly, Mathematics Magazine and past competitors. Multiple solutions enhance the understanding of the audience, explaining techniques that have relevance to more than the problem at hand. In addition, the book contains suggestions for further reading, a hint to each problem, separate from the full solution and background information about the competition. The book will appeal to students, teachers, professors and indeed anyone interested in problem solving as a gateway to a deep understanding of mathematics.
Author: United States. Congress. House. Committee on Rules
Publisher:
ISBN:
Category : Building failures
Languages : en
Pages : 28
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Book Description
Author: Alexander Meleagrou-Hitchens
Publisher: Bloomsbury Publishing
ISBN: 0755602110
Category : Political Science
Languages : en
Pages : 248
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Book Description
How big is the threat posed by American ISIS supporters? How many Americans have joined ISIS and how many want to return to the United States? Compared to participation by Americans in other jihadist groups, the scale of American involvement in jihadist activity today is unprecedented. This book, from one of the leading counter-terror centres, draws on first-hand interviews with former American Islamic State members and law enforcement officials who tracked them, and includes detailed analysis of the court cases against them and their social media presence. Homegrown reveals how and why ISIS was able to radicalize and recruit a new generation of jihadist sympathizers in America.
Author: Gerald L. Alexanderson
Publisher: Cambridge University Press
ISBN: 9780883854631
Category : Education
Languages : en
Pages : 164
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Book Description
The Putnam Competition has since 1928 been providing a challenge to gifted college mathematics students. This book, the second of the Putnam Competition volumes, contains problems with their solutions for the years 1965-1984. Additional solutions are presented for many of the problems. Included is an essay on recollections of the first Putnam Exam by Herbert Robbins, as well as appendices listing the winning teams and students from 1965 through 1984. This volume offers the problem solver an enticing sample of challenging problems and their solutions. In 1980, the MAA published the first William Lowell Putnam Mathematical Competition book, covering the contest from 1938 to 1964. In 2002 the third of the Putnam problem books appeared, covering the years 1985 through 2000. All three of these books belong on the bookshelf of students, teachers, and all interested in problem solving.
Author:
Publisher:
ISBN:
Category : Aids to air navigation
Languages : en
Pages : 64
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Book Description
Author: Doris Teplitz
Publisher: Springer Science & Business Media
ISBN: 1475706502
Category : Science
Languages : en
Pages : 379
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Book Description
