946 research outputs found

    Change of regime and Phillips curve stability:The case of Spain, 1964-2002

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    Traditional Phillips curves relating inflation to a measure of the level of activity, and augmented to include past inflation (assumed to proxy expected inflation), have been thought to be highly unstable over time. In this paper we try to investigate, using recent econometric developments, whether such a statement can be supported over a long time period. In the empirical application, we analyze the case of Spain along the period 1964 to 2002.Structural changes, Inflation, Phillips curve

    Industrial High Voltage: 4. Coordinating, 5. Testing, 6. Measuring

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    This book is based on the lectures of Prof.dr.ir. F.H. Kreuger at the Delft University of Technology.Electrical Engineering, Mathematics and Computer Scienc

    Industrial High DC Voltage: 1. Fields, 2. Breakdowns, 3. Tests

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    This book is based on the lectures of Prof.dr.ir. F.H. Kreuger at the Delft University of Technology.Electrical Engineering, Mathematics and Computer Scienc

    Geology of Northeastern British Columbia:

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    by F.H. McLearn and E.D. KindleMemoir (Geological Survey of Canada) ; 25

    Catharus frantzii subsp. wetmorei Phillips

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    Catharus frantzii wetmorei Phillips Catharus frantzii wetmorei Phillips, 1969: 615 (Boquete, Chiriquı´, Panama). Now Catharus frantzii wetmorei Phillips, 1969. See Wetmore et al., 1984: 158, Dickerman and Parkes, 1997: 221, and Clement, 2000: 302. SYNTYPES: AMNH 503875 and 503876, both adult males, collected at Bajo Boquete (5 Boquete), 088469N, 828289W (Times Atlas), Chiriquı´, Panama, on 17 February and 5 March 1905, respectively, by H.J. Watson. From the Rothschild Collection (purchased from William F.H. Rosenberg). COMMENTS: Phillips cited the AMNH numbers of the syntypes in the original description.Published as part of Mary, Croy, History, Bulletin Of The American Museum Of Natural, At, Central Park West, Street, Th, York, New & Ny, 2005, Type Specimens Of Birds In The American Museum Of Natural History. Part 6. Passeriformes: Prunellidae, Turdidae, Orthonychidae, Timaliidae, Paradoxornithidae, Picathartidae, And Polioptilidae, pp. 1-132 in Bulletin of the American Museum of Natural History 2005 (292) on page 3

    Industrial High Voltage: 1. Electric fields, 2. Dielectrics, 3. Constructions

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    This book is based on the lectures of Prof.dr.ir. F.H. Kreuger at the Delft University of Technology.Electrical Engineering, Mathematics and Computer Scienc

    The partnered core of an economy

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    Economic Theory

    Inflation Dynamics and the Cross-Sectional Distribution of Prices in the E.U. Periphery

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    We explore the connection between inflation and its higher-order moments for three economies in the periphery of the European Union (E.U.), Greece, Portugal and Spain. Motivated by a micro-founded model of inflation determination, along the lines of the hybrid New Keynesian Phillips curve, we examine whether and how much does the cross-sectional skewness in producer prices affect the path of inflation. We develop our analysis with the perspective of economic integration/inflation harmonization (in the E.U.) and discuss the peculiarities of these three economies. We find evidence of a strong positive relation between aggregate inflation and the distribution of relative-price changes for all three countries. A potentially important implication of our results is that, if the cross-sectional skewness of prices is directly related to aggregate inflation, not only the direction but also the magnitude of a nominal shock would influence output and inflation dynamics. Moreover, the effect of such a shock could be received asymmetrically, even when countries share a common currency.Inflation; Cross-sectional distribution of prices; Greece, Portugal, Spain; European Union; Harmonization.

    Charges and Discharges in HVDC Cables - in particular in mass-impregnated HVDC cables

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    Electrical Engineering, Mathematics and Computer Scienc
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