89,865 research outputs found
F. DE SANCTIS, Benvenuti miei cari giovani, a c. di G. Ferroni, Roma, Elliot, 2017
Recensione del testo F. DE SANCTIS, Benvenuti miei cari giovani, a c. di G. Ferroni, Roma, Elliot, 201
Multiple filtering devices for the estimation of cyclical DSGE models
We propose a method to estimate time invariant cyclical dynamic stochastic gen eral equilibrium models using the information provided by a variety of filters. We treat data filtered with alternative procedures as contaminated proxies of the relevant model-based quantities and estimate structural and nonstructural parameters jointly using a signal extraction approach. We employ simulated data to illustrate the properties of the procedure and compare our conclusions with those obtained when just one filter is used. We revisit the role of money in the transmission of monetary business cycles
The dynamics of US inflation : can monetary policy explain the changes?
Received 6 September 2006
Received in revised form
10 July 2010
Accepted 9 August 2011
Available online 9 November 2011We investigate the relationship between monetary policy and inflation dynamics in the US using a medium scale structural model. The specification is estimated with Bayesian techniques and fits the data reasonably well. Policy shocks account for a part of the decline in inflation volatility; they have been less effective in triggering inflation responses over time and qualitatively account for the rise and fall in the level of inflation. A number of structural parameter variations contribute to these patterns.http://www.sciencedirect.com/science/article/pii/S0304407611002399
Finali tragici dal Cinquecento a Manzoni
Il numero monografico, curato dalla sottoscritta e da Giulio Ferroni, raccoglie alcuni risultati della ricerca di Ateneo sui finali fra letteratura e teatr
Mind the Gap! Stylized Dynamic Facts and Structural Models
We study what happens to identified shocks and to dynamic responses when the data generating process features q disturbances but q 1 < q variables are used in an empirical model. Identified shocks are linear combinations of current and past values of all structural disturbances and do not necessarily combine disturbances of the same type. Theory-based restrictions may be insufficient to obtain structural dynamics. We revisit the evidence regarding the transmission of house price and of uncertainty shocks. We provide suggestions on how to compare the dynamics of larger scale DSGEs models with smaller scale VARs
Integrating sensory-motor and social dynamics: multisensory processing and social factors in interpersonal interactions
Human interaction with others requires the integration of sensory-motor and cognitive processes. In social contexts, coordinating actions with a partner depends on mechanisms such as prediction and adaptation, which are influenced by multisensory and motor information. To create unified perceptual experiences and interact efficiently, the brain must integrate inputs from various sensory modalities. Conversely, social perception and contextual factors also influence our sensorimotor experience.
This thesis examines whether interpersonal motor interactions affect multisensory processing, with a specific focus on the integration of visual and tactile stimuli, and motor control during or after joint actions. It also explores how social variables, such as conversational contexts, shape interpersonal representation processes after linguistic interaction. The findings discussed in the present work highlight how dynamic social, linguistic and sensorimotor information modulate perception and action, offering insights into the mechanisms that underpin human interactions
Euro Area business cycles in turbulent times: convergence or decoupling?
We study the business cycle properties of the four largest European economies in the wake of the recent recession episodes. The analysis is based on the factors estimated from a multi-country and multi-sector data-rich environment. We measure alikeness of business cycles by studying the synchronization of up and down phases, the convergence properties of country fluctuations towards the Euro Area (EA) cycles and the contribution of the EA factor to national GDP volatilities. While the economic fluctuations of the four EA member states were similar before the global financial turmoil, we gather compelling evidence of an asymmetric behaviour of Spanish fluctuations relative to the EA one
- …
