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Luciano Campos
Pág. 05 - 29
I investigate the causes of the high inflation Argentina experienced from 2007 to 2015. To do so, I estimate the potential output and the output gap using the Blanchard-Quah decomposition for this country and compare it to the estima- tions I obtained fo...
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Aloysius Deno Hervino
Pág. 311 - 316
This study attempts to prove whether inflation dynamics in Indonesia can be explained by the hybrid model of New Keynesian Phillips Curve (NKPC). Output gap variable and dummy variable are also incorporated in this study as the external shock of the incr...
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Dan Armeanu, Georgiana Camelia Cre?an, Leonard Lache and Mihaela Mitroi
In the current context of economic recovery and rebalancing, the necessity of modelling and estimating the potential output and output gap emerges in order to assess the quality and sustainability of economic growth, the monetary and fiscal policies, as ...
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Özge UYSAL SAHIN
Pág. 115 - 124
Inflation targeting regime is a modern monetary policy strategy, which is applied to maintain and sustain price stability. Inflation targeting regime doesn?t only decrease the inflation rate. It affects many variables from interest rates to investments, ...
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Mirko Abbritti,Andrea Boitani,Mirella Damiani
Pág. 37
The dynamic general equilibrium model with hiring costs presented in this paper delivers involuntary unemployment in the steady state as well as involuntary fluctuations in unemployment. The existence of hiring frictions introduces externalities that, in...
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Roberto Alfonso Montenegro Robles
Pág. 41 - 47
To develops an adequate an monetary policy, in a small open economy like the Colombian, must take in to account, the Trilema of monetary policy and the nominal anchor of the economy, in this context, the central bank role is that the decide which is the ...
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Thierno Thioune
Pág. 182 - 192
The concepts of potential output and output gap are important tools for central banks and in particular CBWAS to forecast inflation in pursuit of its priority objective of controlling inflation. In this sense, the choice of a method for their estimation ...
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Arintoko Arintoko,Insukindro Insukindro
Pág. 682 - 691
This study develops macroeconomic models that involves the output gap, the level of prices, interest rates, exchange rates, current account, foreign direct investment and portfolio investment. The modeling adapts to the characteristics of the data, the p...
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Mustafa Caglayan, Ozge Kandemir Kocaaslan, Konstantinos Mouratidis
Pág. 3 - 23
In this paper, we propose an analytical framework to explore the level and volatility effects of inflation on the output gap. Using quarterly US data over 1977:q2-2009:q4, we then examine the empirical implications of the model by implementing an instrum...
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Adonias Evaristo da Costa Filho
Pág. 1 - 21
This paper estimates the term structure of natural interest rates for Brazil, a generalization of the concept of natural rate of interest for the yield curve. First, the Diebold-Li (2006) model is estimated with real yields. The latent factors of this mo...
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Roger Alejandro Banegas Rivero,Marco Alberto Núñez Ramírez,Sacnicté Valdez del Río
Pág. 59 - 67
In this paper, we quantify the role of non-conventional monetary policy for Bolivia. The results suggest that changes in the real assets of the central bank show differentiated effects: contractive policy has more negative and significant effects on the ...
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Eran Shachar, Israel Cohen and Baruch Berdugo
This paper presents an echo suppression system that combines a linear acoustic echo canceller (AEC) with a deep complex convolutional recurrent network (DCCRN) for residual echo suppression. The filter taps of the AEC are adjusted in subbands by using th...
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Yi-Chang Wu, Feng-Ming Ou, Mi-Ching Tsai and Saian Nur Fajri
Magnetic gear mechanisms have advanced to have a promising future in transmission technology. Previous research indicates that magnetic gear mechanisms might replace mechanical gear mechanisms in some applications. Small-scale wind turbines (SWT) with co...
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Michael Parkin
Pág. 1 - 35
I investigate the effects of central bank independence and inflation targeting on macroeconomic performance in 26 advanced economies during the period 1980 to 2011. I find that both improve macroeconomic performance but inflation targeting is the more ef...
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Toba Stephen Olasehinde, Fangbin Qiao and Shiping Mao
Rice has become the most rapidly growing staple food crop in Nigeria. Despite the country favorable rice production ecology, there is still a huge gap between domestic rice production and consumption patterns. This study uses a two-step stochastic metafr...
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Andreas Pramudya, Andreas Wibowo
The Government of Indonesia implemented the Build, Operate, and Transfer (BOT) model, relying on private investment to bridge the financing gap in developing public infrastructure facilities, including toll roads. Toll road investments, like other greenf...
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Andreas Pramudya, Andreas Wibowo
The Government of Indonesia implemented the Build, Operate, and Transfer (BOT) model, relying on private investment to bridge the financing gap in developing public infrastructure facilities, including toll roads. Toll road investments, like other greenf...
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Jing Liang, Yan Dong, Hexu Sun, Rongzhe Liu and Guantong Zhu
In this paper, an improved rotor structure with cross-shaped flux-barriers was proposed to improve the torque output capacity and reduce the torque ripple of the synchronous reluctance motor (SynRM). Firstly, an improved rotor structure of synchronous re...
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Hyunsoo Lim, Seong Hyeon Cho, Jiyeon Moon, Da Yeong Jun and Sung Hyun Kim
In the photovoltaic (PV) module manufacturing process, cell-to-module (CTM) loss is inevitably caused by the optical loss, and it generally leads to the output power loss of about 2~3%. It is known that the CTM loss rate can be reduced by increasing the ...
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Andreas Pramudya, Andreas Wibowo
The Government of Indonesia implemented the Build, Operate, and Transfer (BOT) model, relying on private investment to bridge the financing gap in developing public infrastructure facilities, including toll roads. Toll road investments, like other greenf...
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