This paper pursues a computationally intensive approach to generate future inflation, followed by an exploration of the determinants of inflation expectations by estimating a new Keynesian type Phillips curve that takes into account country-specific characteristics, the stance of monetary and fiscal policies, marginal costs and exogenous supply shocks. The empirical results indicate that high and climbing inflation could easily seep into people’s anticipation of future inflation and linger. There is a reputational bonus for monetary policy to act against inflation now rather than going for cold turkey when societal compulsions reach a critical mass.
This book provides a comprehensive overview of oil spill remediation from the perspectives of policy makers, scientists, and engineers, generally focusing on colloid chemistry phenomena and solutions involved in oil spills and their cleanup. • First book to address oil spill remediation from the perspective of physicochemical and colloidal science • Discusses current and emerging detergents used in clean-ups • Includes chapters from leading scientists, researchers, engineers, and policy makers • Presents new insights into the possible impact of oil spills on ecosystems as well as preventive measures
An Interdisciplinary Approach to Cognitive Modelling presents a new approach to cognition that challenges long-held views. It systematically develops a broad-based framework to model cognition, which is mathematically equivalent to the emerging ‘quantum-like modelling’ of the human mind. The book argues that a satisfactory physical and philosophical basis of such an approach is missing, a particular issue being the application of quantization to the mind for which there is no empirical evidence as yet. In response to this issue, the book adopts a COM (classical optical modelling) approach, broad-based but mathematically equivalent to quantum-like modelling while avoiding its problematic features. It presents a philosophically informed and empirically motivated mathematical model of cognition, mainly concerning decision-making processes. It also deals with applications to different areas of the social sciences. It will be of interest to scholars and research students interested in the mathematical modelling of cognition and decision-making, and also interdisciplinary researchers interested in broader issues of cognition.
This paper pursues a computationally intensive approach to generate future inflation, followed by an exploration of the determinants of inflation expectations by estimating a new Keynesian type Phillips curve that takes into account country-specific characteristics, the stance of monetary and fiscal policies, marginal costs and exogenous supply shocks. The empirical results indicate that high and climbing inflation could easily seep into people’s anticipation of future inflation and linger. There is a reputational bonus for monetary policy to act against inflation now rather than going for cold turkey when societal compulsions reach a critical mass.
Set against a backdrop of financial-sector reforms in India, this analysis explores theories and empirical evidence regarding the behavior of commercial banks and their reactions to centralized monetary policy. A comprehensive account of the credit channels of monetary transmission is presented along with observations of the modified IS-LM model within the independent banking sector. Progressive issues such as future consolidation of the banking sector are also addressed. Ultimately, not all commercial banks react uniformly to monetary policy, as ownership, size, liquidity, and capitalization play key roles in determining individual responses.
Nakshatra Exploration is written with the sole objective of enabling the readers to master the true concept of Predictive Stellar Astrology, what Guruji KSK wanted to interpret in his various monumental work. The present research work on the KP system is unique in its presentation and it has many, hitherto, untold secrets of predictive techniques in stellar astrology. In this work, the author has established so many rules with practical examples, enabling him to grasp the logic in applying the original methodologies of KP principles, by his extensive research in this field for a decade. Apart from giving a detailed method to study the horoscope, the author has compiled 125 significant KP rulings, 26 prime Muhurath rulings and a detailed KP house grouping along with 44 most comprehensive know-how which bears witness to the author’s expertized knowledge in the field of KP astrology. Another noteworthy point is that, through a few practical examples written at the end of the Practical Stellar Astrology section of this book, the author sheds light on his researched ‘Modified KP (MKP)’ principles. The author is optimistic that these principles will create a new benchmark in the history of Krishnamurti Padhdhati soon. This book is a treasure of knowledge and worth a prime place in your library.
Partha Chatterjee, a pioneering theorist known for his disciplinary range, builds on his theory of "political society" and reinforces its salience to contemporary political debate. Dexterously incorporating the concerns of South Asian studies, postcolonialism, the social sciences, and the humanities, Chatterjee broadly critiques the past three hundred years of western political theory to ask, Can democracy be brought into being, or even fought for, in the image of Western democracy as it exists today? Using the example of postcolonial societies and their political evolution, particularly communities within India, Chatterjee undermines the certainty of liberal democratic theory in favor of a realist view of its achievements and limitations. Rather than push an alternative theory, Chatterjee works solely within the realm of critique, proving political difference is not always evidence of philosophical and cultural backwardness outside of the West. Resisting all prejudices and preformed judgments, he deploys his trademark, genre-bending, provocative analysis to upend the assumptions of postcolonial studies, comparative history, and the common claims of contemporary politics.
In the recent era, the ability to future generation to produce food and enjoy productivity decreases in a faster rate due to the depletion of the natural resource base through high external input based agriculture. It is believed that, the decline of ancient civilizations in Mesopotamia, the Mediterranean region, Pre-Columbian southwest U.S. and Central America is strongly influenced by natural resource degradation from non-sustainable farming and forestry practices. In this backdrop the sustainable agriculture is utilizing the existing natural resource base and low external input for regenerating the productive capacity of the same along with the minimization of harmful impacts on ecosystems.
Provides unified coverage of the principles and methods of various disciplines' approaches to prediction and control of processes expressed by discrete-time models, especially adaptive prediction, for students, researchers, and practitioners in the field. Chapters on methods of adaptive prediction for linear and non-linear processes, such as input-output model based prediction and Kalman filter predictors, avoid complex mathematical symbols and expressions, and contain examples and case studies. Includes introductory material on process models and parameter estimation, plus reference appendices and data sets. Annotation copyright by Book News, Inc., Portland, OR
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.