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Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Regional autonomy movements in Western Europe and Canada first captured popular and academic attention beginning in the late 1960s, when separatist-minded strife in Quebec, Northern Ireland, Scotland,...
The article reports on the importance of the use credit score in healthcare facilities in the U.S. It is expressed that the scoring represents individual creditworthiness taken from payment and credit...
Economic and monetary union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and c...
In this paper, we first establish the reflected backward stochastic difference equations with finite state (FS-RBSDEs for short). Then we explore the Existence and Uniqueness Theorem as well as the Co...
Recent empirical studies have estimated the trade flow effect of membership in the World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Tr...
Drawing on archival analysis and in-depth interviews, this article examines Colombia’s adoption of policies for black Colombians in 1993. It argues that Afro-Colombian activists were able to seize upo...
A first-order linear difference system under rational expectations is,AEyt+1|It =Byt +C(F)Ext|It ,Whereyt is a vector of endogenous variables; xt is a vector of exogenous variables; Eyt+1|It is the ex...
Many linear rational expectations macroeconomic models can be cast in the first-order form, AEtyt+ 1 =Byt + CEtxt, if the matrix A is permitted to be singular. We show that there ...

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