15,093 research outputs found
Observation vs. immersion: trends in contemporary visual anthropology
No full textPanel moderated by Timothy Pollock, (Osaka Kyoiku University & Hagoromo University of International Studies, Japan) with Roger Horn (Filmmaker, Germany),Kwame M. Phillips, (John Cabot University, Italy) and Michael R. Ogden (Zayed University, UAE
Coggins (Richard) Phillips (Anthony) Knibb (Michael) eds Israel's Prophetic Tradition. Essays in Honour of Peter R. Ackroyd
No full textSchmidt Francis. Coggins (Richard) Phillips (Anthony) Knibb (Michael) eds Israel's Prophetic Tradition. Essays in Honour of Peter R. Ackroyd. In: Archives de sciences sociales des religions, n°58/2, 1984. pp. 247-248
Rattus montanus Phillips 1932
No full textRattus montanus Phillips, 1932. Ceylon J. Sci., Sec. B, 16:323. TYPE LOCALITY: Sri Lanka (Ceylon), West Haputale, Ohiya, 6000 ft. DISTRIBUTION: Known only from the type locality, Horton Plains at 7000 ft, and Nuwara Eliya at 6000 ft in primary montane forests of Central and Uva Provinces of Sri Lanka (Phillips, 1980). COMMENTS: A montane endemic on Sri Lanka and morphologically so unlike most other species of Rattus it may not belong in same genus, despite assertion of one author that it is nothing more than a large form of R. rattus (see Musser, 1986:22). Like R. annandalei, R. hoogerwerfi, R. korinchi, R. macleari, R. nativitatis, and members of the R. xanthurus group, the Ceylon endemic seems isolated within present morphological boundaries of Rattus (Musser, 1986).Published as part of Guy G. Musser & Michael D. Carleton, 1993, Order Rodentia - Family Muridae, pp. 501-755 in Mammal Species of the World (2 nd Edition), Washington and London :Smithsonian Institution Press on page 656, DOI: 10.5281/zenodo.735309
Michael Rodriguez interviews historian and author Keith Widder
No full textHistorian and author Keith Widder talks about his move to Michigan from Wisconsin, his career as Curator of History for the Mackinac Island State Park Commission, his research interests, his book "Michigan Agricultural College", and his current projects. Widder is interviewed by Michigan State University Librarian Michael Rodriguez for the MSU Libraries' Michigan Writers Series. Held in the MSU Main Library
Introduction to the New Keynesian Phillips curve
No full textIn most industrialized economies inflation tends to be pro-cyclical; that is, inflation is high during times of high economic activity. When economic activity is measured by the unemployment rate this statistical relationship is known as the Phillips curve.Inflation (Finance) ; Phillips curve
Do Phillips curves conditionally help to forecast inflation?
No full textThe Phillips curve has long been used as a foundation for forecasting inflation. Yet numerous studies indicate that over the past 20 years or so, inflation forecasts based on the Phillips curve generally do not predict inflation any better than a univariate forecasting model. In this paper, the authors take a deeper look at the forecasting ability of Phillips curves from both an unconditional and a conditional view. Namely, they use the test results developed by Giacomini and White (2006) to examine the forecasting ability of Phillips curve models. The authors' main results indicate that forecasts from their Phillips curve models are unconditionally inferior to those of their univariate forecasting models and sometimes the difference is statistically significant. However, the authors do find that conditioning on various measures of the state of the economy does at times improve the performance of the Phillips curve model in a statistically significant way. Of interest is that improvement is more likely to occur at longer forecasting horizons and over the sample period 1984Q1—2010Q3. Strikingly, the improvement is asymmetric — Phillips curve forecasts tend to be more accurate when the economy is weak and less accurate when the economy is strong. It, therefore, appears that forecasters should not fully discount the inflation forecasts of Phillips curve-based models when the economy is weak.Phillips curve ; Unemployment
Identifying the New Keynesian Phillips Curve
No full textPhillips curves are central to discussions of inflation dynamics and monetary policy. New Keynesian Phillips curves describe how past inflation, expected future inflation, and a measure of real marginal cost or an output gap drive the current inflation rate. This paper studies the (potential) weak identification of these curves under GMM and traces this syndrome to a lack of persistence in either exogenous variables or shocks. We employ analytic methods to understand the identification problem in several statistical environments: under strict exogeneity, in a vector autoregression, and in the canonical three-equation, New Keynesian model. Given U.S., U.K., and Canadian data, we revisit the empirical evidence and construct tests and confidence intervals based on exact and pivotal Anderson-Rubin statistics that are robust to weak identification. These tests find little evidence of forward-looking inflation dynamics.Phillips curve, Keynesian, identification, inflation
Identifying the New Keynesian Phillips curve
No full textPhillips curves are central to discussions of inflation dynamics and monetary policy. New Keynesian Phillips curves describe how past inflation, expected future inflation, and a measure of real marginal cost or an output gap drive the current inflation rate. This paper studies the (potential) weak identification of these curves under generalized methods of moments (GMM) and traces this syndrome to a lack of persistence in either exogenous variables or shocks. The authors employ analytic methods to understand the identification problem in several statistical environments: under strict exogeneity, in a vector autoregression, and in the canonical three-equation, New Keynesian model. Given U.S., U.K., and Canadian data, they revisit the empirical evidence and construct tests and confidence intervals based on exact and pivotal Anderson-Rubin statistics that are robust to weak identification. These tests find little evidence of forward-looking inflation dynamics.
What do New-Keynesian Phillips Curves imply for price-level targeting?
No full textThis paper extends the analysis of price-level targeting to a model including the New-Keynesian Phillips Curve. We examine the inflation-output variability tradeoffs implied by optimal inflation and price-level rules. In previous work with the Neoclassical Phillips Curve, we found that the choice between inflation targeting and price-level targeting depended on the amount of persistence in the output gap. That is, if the output gap was not too persistent, or if lagged output did not enter the aggregate supply function, then inflation targets were preferred to price-level targets. When we start with a New-Keynesian Phillips Curve, the amount of persistence in the output gap still affects the relative placement of the inflation-output variability tradeoff. But, contrary to the Neoclassical case, even where the persistence of the output gap in the aggregate supply function is small or nonexistent, the price-level- targeting regime still results in a more favorable tradeoff between output and inflation variability than does an inflation-targeting regime.Phillips curve ; Monetary policy ; Inflation (Finance)
Inflation and unemployment: a layperson's guide to the Phillips curve
No full textInflation (Finance) ; Unemployment ; Phillips curve
- …
