Real Interest Rate Linkages: Testing for Common Trends and Cycles pptx

Real Interest Rate Linkages: Testing for Common Trends and Cycles pptx

Real Interest Rate Linkages: Testing for Common Trends and Cycles pptx

... real interest rates may be non-stationary raises some theoretical problems as discussed in Rose (1988). Real Interest Rate Linkages: Testing for Common Trends and Cycles Darren Pain* and Ryland ... directly, identifying the trends and cycles is more difficult, see Wickens (1996). Testing Procedure for Common Cycles Having discussed the properties of co...
Ngày tải lên : 15/03/2014, 14:20
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What is the neutral real interest rate, and how can we use it? doc

What is the neutral real interest rate, and how can we use it? doc

... neutral real interest rate. In order to understand the concept of a neutral real interest rate, it is first necessary to understand what we mean by the term real interest rate . The interest rates ... a neutral real interest rate can be thought of as a benchmark, where a contractionary real interest rate is sometimes referred to as ‘above neutral’, and a stimulat...
Ngày tải lên : 15/03/2014, 01:20
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Real Interest Rate Persistence: Evidence and Implications ppt

Real Interest Rate Persistence: Evidence and Implications ppt

... affect the real inter- est rate that is, whether the real rate behaves like a random walk. Such studies often report evidence T he real interest rate an interest rate adjusted for either realized ... persistence between the real interest rate and consumption growth. Testing for Threshold Dynamics and Nonlinear Cointegration The empirical literature on the real...
Ngày tải lên : 15/03/2014, 14:20
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WORKING PAPER SERIES NO. 546 / NOVEMBER 2005: THE NATURAL REAL INTEREST RATE AND THE OUTPUT GAP IN THE EURO AREA A JOINT ESTIMATION doc

WORKING PAPER SERIES NO. 546 / NOVEMBER 2005: THE NATURAL REAL INTEREST RATE AND THE OUTPUT GAP IN THE EURO AREA A JOINT ESTIMATION doc

... natural real interest ra te. This is consisten t with the results in Giamm ario li and Valla (2003) for t he euro area, Neiss and Nelson ( 2 003) for the U K and LW for the US, but stands against ... actual and the natural real rate an d the real rate gap (r t ,r ∗ t and ˜r t ) and i nflation π t . A notable feature of the reported statistics is that the correlati...
Ngày tải lên : 22/03/2014, 23:20
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Implicit intraday interest rate in the UK unsecured overnight money market pptx

Implicit intraday interest rate in the UK unsecured overnight money market pptx

... Rate. The unique element of the UK money market arrangement over the period analysed is the time-varying aspect of the standing facility rates, which set a narrower band for market interest rates ... implicit intraday interest rate increased. To further illustrate the implications of the level of interest rate on bank payment behaviour, Chart 3 shows daily time series of Bank Ra...
Ngày tải lên : 06/03/2014, 14:20
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Báo cáo khoa học: "Efficient Minimum Error Rate Training and Minimum Bayes-Risk Decoding for Translation Hypergraphs and Lattices" pptx

Báo cáo khoa học: "Efficient Minimum Error Rate Training and Minimum Bayes-Risk Decoding for Translation Hypergraphs and Lattices" pptx

... 0.2, 0.5 and 1.0 for the aren-phrase, aren-hier, aren-samt, zhen-phrase zhen-hier and zhen-samt systems re- spectively. For the multi-language case, we train phrase-based systems and perform lattice ... incorporate the error criterion are Minimum Error Rate Train- ing (MERT) (Och, 2003) and Minimum Bayes- Risk (MBR) decoding (Kumar and Byrne, 2004). These two techniques were o...
Ngày tải lên : 23/03/2014, 16:21
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Tài liệu Configuring Cisco AVVID Architecture for Voice Video and Inte pptx

Tài liệu Configuring Cisco AVVID Architecture for Voice Video and Inte pptx

... utilizes higher bandwidth and quality than home systems, and it enables corporate professionals to hold face-to-face meetings despite dif- ferent physical location. Video on demand and streaming ... (WAN) and Campus Switching. He has provided pre- and post-sales technical support for various dot-com start-ups on redundant ISP access, failsafe security, content networking and ver...
Ngày tải lên : 21/12/2013, 06:16
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Tài liệu Tip for xì-pam and retouch pptx

Tài liệu Tip for xì-pam and retouch pptx

... là sản phẩm cuối cùng: Original: After Crop: Final: Tip for xì-pam and retouch Bước 1: mở nhạc hòa tấu nghe. Bước 2 and bước hoài lun cho tới hết: - Import ảnh: Ctrl + Shift + E, lựa ... trích xuất lên Flickr nên em bấm ở đầu cửa sổ hiện ra và chọn Flickr (em đã cài Flickr plug-in for Lightroom rồi) ( http://regex.info/LightroomPlugins2/ 091027.129.zip) Trong cửa sổ...
Ngày tải lên : 25/01/2014, 16:20
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