1,720,966 research outputs found
Inflation-Based Fiscal Consolidation: Does Speed Matter?
No full textThe potential role that a permanent increase in the inflation target might have in contributing to debt consolidation has rarely been covered in the literature on the link
between inflation and public debt. This paper thus investigates under what conditions
a higher inflation target might lead to a reduction in the public debt-to-GDP ratio,
in a deterministic environment of a TANK model where monetary and fiscal authorities actively operate. Analysing the economic mechanisms involved led to two key
results. Higher inflation has opposite effects on public debt in the short and long term.
Initially, a rise in the nominal interest rate induces savers to invest relatively more
in bonds. In contrast, once the inflation rate reaches higher values, lower wages and
rates of return impact on savers who reduce investments in bonds. The second finding
is that fiscal consolidation through higher inflation is far from obvious. Overall, the
long-term negative effects of higher inflation on output determine increases in fiscal
deficits. Moreover, a slower inflation adjustment path influences households’ expectations, leading to increases in the debt-to-GDP ratio rather than decreases in the short
term. In light of that, today more than ever, a traditional fiscal policy aimed at reducing the government’s deficit would be needed. Furthermore, revising the monetary policy strategy to increase the inflation target would not be recommended due to the potentially negative effects higher inflation could have on the economy
IMPACT OF MODERN LAND USE AND URBANIZATION THROUGH TECHNOLOGIES: A CHALLENGE TO CAMPANIA REGION
No full text
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Release of aldosterone and catecholamines from the interrenal gland of Triturus carnifex in response to adrenocorticotropic hormone (ACTH) administration.
No full text- …
