Search results for "currency"

Moving Localities and Creative Circulation: Travels as Knowledge Production in 18th-Century Europe

2014

In recent historiography of science, circulation has been widely used to weave global narratives about the history of science. These have tended to focus on flows of people, objects and practices rather than investigating the spread of universal patterns of knowledge. The approach has also, to a great extent, concentrated on colonial contexts and treated ‘European science’ as a more or less homogeneous knowledge realm. Furthermore, these studies of circulation have usually been tied to a contextualist view of knowledge formation in which locality is taken as a set of specificities linked with particular locations. In this article we redirect the focus of the discussion on circulation to Eur…

Harvey's doctrine of the circulation of the blood in seventeenth-century Spain.

1973

Data management and concurrency control in broadcast based asymmetric environments

2006

Masteroppgave i informasjons- og kommunikasjonsteknologi 2006 - Høgskolen i Agder, Grimstad Tens of millions of users have personal handheld devices with several network interfaces built-in, and the number of users and of network interfaces included are only increasing. This growth suggests a need for new methods to disseminate data to multiple clients, and cyclic broadcast is one approach. We do a survey on the various data management protocols that describe how to broadcast the data, and the concurrency control protocols that make sure all access to the database is consistent. The various data management and concurrency control techniques deals with the restrictions in asymmetric broadcas…

An Analysis of the Time-Varying Behavior of the Equilibrium Velocity of Money in the Euro Area

2020

Recent developments in inflation and M3 velocity in the euro area have raised serious doubts about the reliability of M3 growth as a pillar of the ECB’s monetary policy strategy. We develop a very flexible and comprehensive state-space framework for modeling the velocity of circulation. Our specification allows for the estimation of different autoregressive alternatives and includes control instruments, whose coefficients can be set up either common or idiosyncratic. This is particularly useful to detect asymmetries in the reaction among countries to common shocks. Our findings first suggest that the downward trend of M3 velocity is mainly explained by the evolution of permanent income, pro…

Price Stability and Inflation Persistence During the International Gold Standard: The Scandinavian Case

2009

In the 1870s the three Scandinavian countries Denmark, Norway and Sweden formed the Scandinavian Currency Union. Both the adoption of gold and the monetary union were supposed to lead to price stability in and between these countries. By drawing on new indices of consumer prices the present paper offers an examination of inflation dynamics, defined as price stability and inflation persistence, in the periphery of Scandinavia during the heyday of the international gold standard.

Inflation in a virtual economy – a real or virtual threat?

2014

The aim of the paper is an analysis of the way and circumstances under which inflation can occur in a virtual economy. It is also an attempt to answer the question whether, and in what way virtual inflation may be related to inflation in the real economy. The article is conceptual, because in the present state of statistical data the effects of virtual economies are not carried out, or are generated in a very small number, which makes it impossible to make reliable calculations

Producer Prices in the Transition to a Common Currency

2006

We analyze producer price developments in the transition from a national exchange rate regime to a monetary union. The focus is on the European Economic and Monetary Union (EMU). Stylized facts witness about an exploding gaps in producer-price inflation during the years immediately following the completion of the EMU. Price convergence is found to be an important driver throughout the entire euro period (1999-2005), but with no significant differences in speed compared to the pre euro period. Productivity growth had its primary effect in the first years and effective exchange-rate changes in the later years of the euro period.

Improving Collective I/O Performance Using Non-volatile Memory Devices

2016

Collective I/O is a parallel I/O technique designed to deliver high performance data access to scientific applications running on high-end computing clusters. In collective I/O, write performance is highly dependent upon the storage system response time and limited by the slowest writer. The storage system response time in conjunction with the need for global synchronisation, required during every round of data exchange and write, severely impacts collective I/O performance. Future Exascale systems will have an increasing number of processor cores, while the number of storage servers will remain relatively small. Therefore, the storage system concurrency level will further increase, worseni…

The Politicisation of Banking

1985

Growing government intervention in the international currency markets has distorted incentives and disguised risks. Rodney Atkinson, formerly an economist with Grindlay's Bank, argues that increasing state interference has led bankers to respond to political, not commercial, signals. Many bankers are now rewarded according to their ability to ‘work the system’ rather than for economic expertise.

Sacred Music Production and Circulation in Sixteenth-Century Palermo: The Inventories of Giovanni Santoro (1550) and Luis Ruiz (1595)

2016

L'importanza degli inventari per lo studio della vita musicale a Palermo è stata riconosciuta soltanto di recente. Nonostante la natura frammentaria dei dati, questi documenti forniscono informazioni di rilievo sulle edizioni musicali, sugli strumenti, sulla cultura materiale che li produceva, nonché sulla circolazione della musica. Considerata la mancanza di testimoni musicali siciliani tra Cinque e Settecento, tale importanza appare ancor più evidente. Difatti, gli inventari palermitani testimoniano la presenza di libri di musica non più esistenti, in particolare musica a stampa, ma anche manoscritti e libri liturgici. L'articolo si sofferma su due inventari del Cinquecento. Il primo è l'…