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  • Online Resource  (3)
  • English  (3)
  • 1980-1984  (3)
  • Blundell-Wignall, A.  (2)
  • Gaylin, Willard  (1)
  • Economics  (3)
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  • Online Resource  (3)
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  • English  (3)
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  • 1980-1984  (3)
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  • 1
    Language: English
    Pages: 48 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.16
    Keywords: Economics
    Abstract: The international financial linkage block of the OECD Secretariat's multi-country model, INTERLINK, is based on a portfolio balance model of exchange rate determination. International consistency is ensured by cross country restrictions on parameters imposed during estimation (1). However, in an earlier version of the model, the specification of the domestic financial sector for each country was too rudimentary for simulation analysis under alternative monetary policy assumptions. The main element missing from this version of the model was an explicit formulation of the money demand and supply process (2). This gap has been filled in the version of the model reported in this study, which opens the way for a more comprehensive set of alternative policy regimes under which the model can be run, notably: non-accommodating monetary policy; managed floating; fixed exchange rates; and floating with accommodating monetary policy. These will be elaborated upon in more detail below. In a ...
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  • 2
    Language: English
    Pages: 39 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.13
    Keywords: Economics
    Abstract: In recent years the behaviour of the income velocity of money in major OECD economies has displayed considerable volatility for both narrow and broad monetary aggregates (Table 1). Velocity in a number of large OECD economies, for example, fell sharply in 1982. Most notably, declines in the income velocity of M1, M2 and M3 in the United States of 2.3, 4.9 and 5.9 per cent, respectively, were large by historical standards. Such movements in velocity may arise as a consequence of changes in money demand in two important ways: they may result from movements along the money demand function, as the normal implication of changes in its interest rate and inflation expectations arguments; and the money demand function itself may shift (money demand instability), leading to unpredictable changes in velocity. Velocity may also move as the mechanical result of policies by the authorities which alter the supply of money in the short run, while the private sector is able to adjust only with ...
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  • 3
    Online Resource
    Online Resource
    Boston, MA : Springer
    ISBN: 9781468440195
    Language: English
    Pages: Online-Ressource (272p) , digital
    Edition: Springer eBook Collection. Humanities, Social Sciences and Law
    Series Statement: The Hastings Center Series in Ethics
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Business. ; Management science.
    Abstract: to the Problems -- 1: Pitfalls in the Pursuit of Knowledge -- 2: Legitimate and Illegitimate Uses of Violence: A Review of Ideas and Evidence -- II: Three Case Studies -- 3: How Not to Study Violence -- III: Implications -- 4: Science and Social Control: Controversies over Research on Violence -- 5: Embattled Research: Psychiatry, Politics, and the Study of Violent Behavior -- 6: Fragile Knowledge and Stubborn Ignorance: Agenda for the Study of Violence -- 7: Ethics and the Control of Research.
    Abstract: This volume is one outcome of a two-year study conducted by the Behavioral Studies Research Group of The Hastings 1 Center. It is divided into three parts to reflect the several facets of the interdisciplinary project from which it stems. In the opening chapter Willard Gaylin and Ruth Macklin, who di­ rected the study, describe its basic conception and structure, which centered around three programs to conduct research into aspects of violence and aggressive behavior, programs aborted in the early 1970s because they were politically and IThis project was supported by the EVIST Program of the National Science Foundation under Grant No. 05577-17072, and by a joint award by the National Endowment for the Humanities. Any opinions, findings, conclu­ sions, or recommendations expressed herein are those of the authors and do not necessarily reflect the views of the National Science Foundation or the National Endowment for the Humanities. Other published outcomes are the edited transcripts of two of the case-study workshops conducted under this project: "Researching Violence: Science, Politics, and Public Contro­ versy," Special Supplement, The Hastings Center Report 9 (April 1979); and "The XYY Controversy: Researching Violence and Genetics," Special Sup­ plement, The Hastings Center Report 10 (August 1980). Copies of these tran­ scripts are available for purchase from The Hastings Center, 360 Broadway, Hastings-on-Hudson, NY 10706. ix PREFACE x socially controversial.
    URL: Volltext  (lizenzpflichtig)
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