... Federal Reserve undertook a standard expansionary monetary policy by lowering the federal funds targ...] is the first-difference operator, T is a linear trend, [Y.sub.t] represents the relevant variable ... at 1; that is, by dividing the coefficients of all variables by that of the money demand. The ...
...].sup.*.sub.ij] are the short-run coefficients relating trade openness to its determinants. Final...2002. Non-linearity between finance and growth. Economics Letters 74:3... usually lead to recessions, and the expansion of domestic credit would then be associated with g...
... real value of imports is specified as a linear function of the level of real expenditures on all ...(1980). Offset and Growth Coefficients for Five Industrial Countries: 1960-1970. Review o... Balance of Payments, Domestic Credit Expansion, and Exchange Rate Adjustments. In Aliber, R.Z., e...
EPA and NHTSA, on behalf of the Department of Transportation, are issuing this joint proposal to further reduce greenhouse gas emissions and improve fuel economy for light-duty vehicles for model years 2017-2025. This proposal extends the National Program beyond the greenhouse gas and corporate average fuel economy standards set for model years 2012-2016. On May 21, 2010, President Obama issued a Presidential Memorandum requesting that NHTSA and EPA develop through notice and comment rulemaking a coordinated National Program to reduce greenhouse gas emissions of light-duty vehicles for model years 2017- 2025. This proposal, consistent with the President's request, responds to the country's critical need to address global climate change and to reduce oil consumption. NHTSA is proposing C...
... Light Duty GHG/CAFE (constrained/piecewise linear). For the MYs 2012-2016 rules, NHTSA and EPA r... jointly conducted this analysis, the coefficients ultimately used in the slope setting analysis are ...This proposed expansion is a change from the 2012-16 final rule where EPA ...
Asymmetry is a key feature to understand the different behavior of expansions and recessions, and it provides a stylized fact that business cycle models should help to explain. Furthermore, the types of asymmetries provide guidance about underlying economic mechanism. In this paper, we test for three types of asymmetry of business cycle: steepness, deepness and sharpness, by using the parametric tests of Clements and Krolzig (2003), based on Markov-Switching autoregressive models in the real GDP of Malaysia for the period from 1975Q1 to 2006Q4. This paper also uses three different approaches to remove trend component of GDP to investigate the sensitivity of the findings of asymmetries to the method of trend eliminations. Finally, for comparison, the non-parametric test of Randles et al....
... that policy conclusions from traditional linear models will be misleading since linear models cann... nonparametric tests based on the coefficients of the skewness of a detrended series are unable t...
... through use, or through deformations in expansion and contractions during temperature extremes, or b... the test track, and a determination of its linear coefficients of expansion, for the purpose of impr...
...-Kotelnikov-Shannon series, which is the expansion in terms of the orthonormal basis of translates off the sinc function. The coefficients of the expansion are the samples of the function a... NOT REPRODUCIBLE IN ASCII] are linearly independent. On the contrary, if the family [MATHE...
... in all frequency components, or has linear resolution in the whole frequency domain that are ...Using a wavelet expansion, any function in [L.sup.2](R) can be expressed as ... and alternative notation for the coefficients in Eq. (1) are . [MATHEMATICAL EXPRESSION NOT REPR...
...* The linearization of the signal output from a tank level gauge to th... a simplification using the series expansion approximation. In addition, the mass should includ... through [A.sub.3] are the polynomial coefficients. . The data fits reasonably well in this example w...
... through the use of ceramic materials with linear expansion coefficients closer to those of commonly...
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