What Do the VARs Mean?

What Do the VARs Mean?

Author: John H. Cochrane

Publisher:

Published: 1995

Total Pages: 0

ISBN-13:

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What are the relative effects of anticipated vs. unanticipated monetary policy? I examine the effect of this identifying assumption on VAR estimates of the output response to money, assuming that anticipated monetary policy can have some effect on output results in much shorter and smaller output response estimatesþestimates closer to the predictions of most monetary models.


Etymology of meanings. Brief etymological dictionary of planetary toponyms. At the origins of civilization

Etymology of meanings. Brief etymological dictionary of planetary toponyms. At the origins of civilization

Author: Alexander Tokiy

Publisher: Litres

Published: 2021-01-13

Total Pages: 228

ISBN-13: 5043239077

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The author reveals the amazing secrets of toponyms. The languages of the mankind grew out of an ancient community but now their kinship is barely visible. However, the preserved names that the ancestors gave to the features of the landscape make it easy to realize how the names Rome and Paris, Iowa and Missouri, London and the Thames, the Baikal, the Dardanelles and others appeared. Reading will help to see the world around you in a new way and awaken interest to the truth.


The Golden Thread

The Golden Thread

Author: Fuad Udemans

Publisher: Author House

Published: 2013-09-23

Total Pages: 456

ISBN-13: 1491879327

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This book is an account of a ten-year experiment, whereby the scientist became an entrepreneur so as to experience his own theoretical model applied in a live social system (society). Profit motives and the clinical nature of science became muddied with norms, rules, and laws of social systems and how different people applied and responded to these rules. The insights to be gained from this journey are often surprising. The book highlights many counter-intuitive outcomes. It also reveals how certain individuals interpret societys rules and norms despite their design to ensure fair and equitable social systems. Indeed, the manipulation of social laws and standards by those with strong fields of power is self-evident, and it is explored in a unique manner. Understanding how the field of power can be manipulated suggests that no matter how bleak ones current position may be, it is very possible and relatively easy to escape conditions of poverty, oppression, and subjugation, vital issues that citizens in all countries face today.


A Dictionary of American Proverbs

A Dictionary of American Proverbs

Author: Wolfgang Mieder

Publisher: New York : Oxford University Press

Published: 1992

Total Pages: 1348

ISBN-13: 0195053990

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Americans have a gift for coining proverbs. "A picture is worth a thousand words" was not, as you might imagine, the product of ancient Chinese wisdom -- it was actually minted by advertising executive Fred Barnard in a 1921 advertisement for Printer's Ink magazine. After all, Americans are first and foremost a practical people and proverbs can be loosely defined as pithy statements that are generally accepted as true and useful. The next logical step would be to gather all of this wisdom together for a truly American celebration of shrewd advice.A Dictionary of American Proverbs is the first major collection of proverbs in the English language based on oral sources rather than written ones. Listed alphabetically according to their most significant key word, it features over 15,000 entries including uniquely American proverbs that have never before been recorded, as well as thousands of traditional proverbs that have found their way into American speech from classical, biblical, British, continental European, and American literature. Based on the fieldwork conducted over thirty years by the American Dialect Society, this volume is complete with historical references to the earliest written sources, and supplies variants and recorded geographical distribution after each proverb.Many surprised await the reader in this vast treasure trove of wit and wisdom. Collected here are nuggets of popular wisdom on all aspects of American life: weather, agriculture, travel, money, business, food, neighbors, friends, manners, government, politics, law, health, education, religion, music, song, and dance. And, to further enhance browsing pleasure, the editors have provided a detailed guide to the use of the work. While it's true that many of our best known proverbs have been supplied by the ever-present "Anonymous," many more can be attributed to some very famous Americans, like Ernest Hemingway, Abraham Lincoln, Benjamin Franklin, Mark Twain, J. Pierpont Morgan, Thomas Alva Edison, Abigail Adams, and Ralph Waldo Emerson, to name but a few offered in this fascinating collection.Who wouldn't want to know the origin of "the opera ain't over till the fat lady sings?" This uniquely American proverb and many more are gathered together in A Dictionary of American Proverbs. A great resource for students and scholars of literature, psychology, folklore, linguistics, anthropology, and cultural history, this endlessly intriguing volume is also a delightful companion for anyone with an interest in American culture.


Handbook of Economic Forecasting

Handbook of Economic Forecasting

Author: G. Elliott

Publisher: Elsevier

Published: 2006-05-30

Total Pages: 1071

ISBN-13: 0080460674

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Research on forecasting methods has made important progress over recent years and these developments are brought together in the Handbook of Economic Forecasting. The handbook covers developments in how forecasts are constructed based on multivariate time-series models, dynamic factor models, nonlinear models and combination methods. The handbook also includes chapters on forecast evaluation, including evaluation of point forecasts and probability forecasts and contains chapters on survey forecasts and volatility forecasts. Areas of applications of forecasts covered in the handbook include economics, finance and marketing. *Addresses economic forecasting methodology, forecasting models, forecasting with different data structures, and the applications of forecasting methods *Insights within this volume can be applied to economics, finance and marketing disciplines


World of Baby Names

World of Baby Names

Author: Teresa Norman

Publisher: Penguin

Published: 2003-07-01

Total Pages: 644

ISBN-13: 9780399528941

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One of the most comprehensive baby name reference guides available, featuring more than 30,000 baby names, has been revised and expanded. Each chapter focuses on names from specific countries, regions, and ethnicities, including details about traditional naming customs. Each entry contains various spellings and pronunciations, as well as the name's meaning, history, etymology, and derivations.


On the Heterogeneity Bias of Pooled Estimators in Stationary VAR Specifications

On the Heterogeneity Bias of Pooled Estimators in Stationary VAR Specifications

Author: Mr.Alessandro Rebucci

Publisher: International Monetary Fund

Published: 2003-04-01

Total Pages: 46

ISBN-13: 1451849486

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This paper studies asymptotically the bias of the fixed effect (FE) estimator induced by cross-section heterogeneity in the slope parameters of stationary vector autoregressions (VARs). The paper also compares the FE, the mean group estimator (MG), and a simple instrumental variable alternative (IV) in Monte Carlo simulations. The main results are: (i) asymptotically, the heterogeneity bias of the FE may be more or less severe in VAR specifications than in standard dynamic panel data specifications; (ii) in Monte Carlo simulations, slope heterogeneity must be relatively high to be a source of concern for pooled estimators; (iii) when this happens, the panel must be longer than a typical macro dataset for the MG to be a viable solution.


Dictionary of Arabic and allied loanwords

Dictionary of Arabic and allied loanwords

Author: Frederico Corriente

Publisher: BRILL

Published: 2008-10-31

Total Pages: 696

ISBN-13: 904744311X

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A survey of Arabic and allied loanwords in Western languages is a first-rate tool to asses the impact of Islamic factors in the emergence and background of Western civilization. The Romance languages of the Iberian Peninsula are in an ideal position for this kind of research, considering the length and strength of Muslim states on its soil.