Search results for "SMIS"

The effects of monetary policy on income and wealth inequality in the U.S. Exploring different channels

2020

We assess the effects of monetary policy shocks on income and wealth inequality through direct inequality measures and by analyzing several transmission channels explored in recent literature. Furthermore, we analyze two additional channels: the Housing and the Fiscal channels. The methodology adopted is a Bayesian proxy SVAR using a high-frequency identification based on the external instruments approach. Our own policy shocks are constructed for this purpose. The results show that an expansionary monetary policy shock does not have a significant effect on income inequality due to the existence of opposite channels, whereas it increases wealth inequality mainly through the portfolio channe…

Finance, globalisation, technology and inequality: Do nonlinearities matter?

2021

Abstract Relying on data for 90 economies over 1970-2015 and panel estimation techniques, we investigate how financial development, globalisation and technology affect income inequality. Our findings reveal significant nonlinearities, consistent with either Ushaped or inverted-U shaped relationships. As such, depending on whether a certain threshold value is achieved, the same determinants of income distribution exert opposite effects in different countries. Globalisation is associated with increasing inequality in most advanced economies, but with falling disparities for the large majority of emerging economies. Technology and financial development lead to increasing inequality for most em…

Trust and punishment

2021

Abstract This paper explores the impact of institutions on the evolution of preferences (culture) and on economic outcomes. Punishment institutions determine the capacity and the individual cost of punishing opportunistic behavior, while preferences are endogenous and can be influenced by a cultural transmission process that is conditioned by the existing punishment institutions. We investigate the interaction and evolution between the preferences for reciprocity or rewarding of the allocator and the preferences to punish hostile behaviour by the investor in a trust game with a costly punishment phase. Our main result provides a rationale for the existence of a strong positive relationship …

Regional effects of monetary policy in the U.S.: An empirical re-assessment

2020

Abstract This paper provides an empirical re-assessment of the regional effects of monetary policy in the U.S. We use the narrative series of Romer and Romer (2004) as a measure of monetary policy shocks and impulse response functions estimated directly from a single equation spatial model. We find that monetary policy tightening leads to a persistent decrease in regional real personal income and employment, with asymmetric effects across regions that are magnified by spatial spillovers. The magnitude of the effects depends on the period under analysis and on the direction of the monetary policy shock. We also provide evidence of the existence of the interest rate and the housing market cha…

‘Recensione a Storicità del testo. Storicità dell’edizione, a cura di F. Ferrari e M. Bampi, Trento, 2009’, Filologia e Linguistica 31 (2011), pp. 15…

2011

A review article of the volume Storicità del testo. Storicità dell'edizione, which takes into examination also the recent debate on the kind of editions of medieval texts

Effets du temps sur la résistance des enseignants à intégrer les savoirs de la formation : une étude de cas en natation

2021

International audience

Zvaigžņotā Debess: 2001, Pavasaris (171)

2001

Contents: J.Ikaunieks and G.Petrov. Plan of the Radio interferometer of the Astrophysical Laboratory of the LAS ; Z.Alksne and L.Reiziņš. Astronomical Calculations by Electronic Computer ; Z.Alksne, A.Alksnis. The First Decade of the Hubble Space Telescope ; Z.Alksne. Both a Planet and a Dust Disk Orbit Iota (ι) Horologii ; Z.Alksne. The Story of Sakurai’s Star is Continuing ; J.Jaunbergs. Space News on the Web ; I.Vilks. Spaceflight. Period of Great Success (1961-1973) ; I.Abakumov. From History of the Photographic Observations of Earth Artificial Satellites ; M.Kūle. Attitude to Person: Modern Variations ; K.Bērziņš. On Friendly Terms with Cosmology: Basic Principles and Models of the Uni…

Analytical design of dispersion-managed fiber systems with S ≈ 1.65

2002

We present an easy analytical method for designing dispersion-managed fiber systems with map strength of 1.65, where the transmission lines have minimal pulse-pulse interactions.

Power lines, reindeer and UV

2015

Linear Waves in Electrical Transmission Lines

1996

Nowadays, linear transmission lines provide vital links in virtually all communications and computer systems, and the parallel-wire line is still widely used today in open-wire form, in coaxial cables and microstrips. The standard twoconductor transmission line is an important familiar system, that is able to support the propagation of transverse electromagnetic modes and is of great interest in many practical situations. We have all often studied this electrical circuit or variation of it in elementary electronics, physics, or mathematics courses (Ramo et al. 1965, Davidson 1978, Badlock and Bridgeman 1981). In fact, the study of linear transmission lines is an old problem: in their simple…