The role of the term spread in an augmented Taylor rule: An empirical investigation

Using US data for the period 1967:5-2002:4, this paper empirically investigates the performance of an augmented version of the Taylor rule (ATR) that (i) allows for the presence of switching regimes, (ii) considers the long-short term spread in addition to the typical variables, (iii) uses an alternative monthly indicator of general economic activity suggested by Stock and Watson (1999), and (iv) considers interest rate smoothing. The estimation results show the existence of switching regimes, one characterized by low volatility and the other by high volatility. Moreover, the scale of the responses of the Federal funds rate to movements in the term spread, inflation and the economic activity index depend on the regime. The estimation results also show robust empirical evidence that the ATR has been more stable during the term of office of Chairman Greenspan than in the pre-Greenspan period. However, a closer look at the Greenspan period shows the existence of two alternative regimes and that the response of the Fed funds rate to inflation has not been significant during this period once the term spread is considered.

Las ideas lingüísticas de Juan Mateo Zabala: El verbo regular vascongado del dialecto vizca��no (1848)

Presentado en las II. Jornadas de Lingüística Vasco-Románica / Euskal-Erromantze Linguistika II. Jardunaldietan aurkeztua (Bilbo, 2007)

Un episodio de “estilización” de la política antirrepublicana: la fiesta de San Francisco Javier de 1931 en Pamplona

[ES] Estudio de caso (Fiesta de S. Francisco en Pamplona, Navarra) del modo en que la derecha conservadora espa��ola (Bloque de Derechas) y los radicales (carlistas) emplearon densos elementos identificadores (“identidad”) de lo local (Navarra-Espa��a) y católica para generar actitudes y adhesiones políticas antirrepublicanas.

Manipulation of domain wall dynamics in amorphous microwires through the magnetoelastic anisotropy

We studied the effect of magnetoelastic anisotropy on domain wall (DW) dynamics and remagnetization process of magnetically bistable Fe-Co-rich microwires with metallic nucleus diameters (from 1.4 to 22 mu m). We manipulated the magnetoelastic anisotropy applying the tensile stresses and changing the magnetostriction constant and strength of the internal stresses. Microwires of the same composition of metallic nucleus but with different geometries exhibit different magnetic field dependence of DW velocity with different slopes. Application of stresses resulted in decrease of the DW velocity, v, and DW mobility, S. Quite fast DW propagation (v until 2,500 m/s at H about 30 A/m) has been observed in low magnetostrictive magnetically bistable Co56Fe8Ni10Si10B16 microwires. Consequently, we observed certain correlation between the magnetoelastic energy and DW dynamics in microwires: decreasing the magnetoelastic energy, K (me), DW velocity increases.

Cartas enviadas por Julio Altadill a Justo Garate entre 1929 y 1931

3 cartas (manuscritas) ; entre 210x265mm y 161x222mm. Ubicación: Caja 1 - Carpeta 23

Cartas enviadas por Francisco Apalategui a Justo Garate entre 1930 y 1931

1 tarjeta y 1 carta (manuscritas y mecanografiadas) ; entre 146x92mm y 135x215mm. Ubicación: Caja 1 - Carpeta 31

Cartas enviadas por Ángel de Apraiz a Justo Garate entre 1924 y 1931

10 cartas (manuscritas y mecanografiadas) ; entre 213x203mm y 335x227mm. Ubicación: Caja 1 - Carpeta 33

Cartas enviadas por Ángel de Apraiz a Justo Garate entre 1931 y 1932

10 cartas (manuscritas y mecanografiadas) ; entre 208x124mm y 213x275mm. Ubicación: Caja 1 - Carpeta 33

Modernización y Educación en Vitoria (1865-1931): Espacio escolar e Higienización

Historia de la influencia del higienismo en la evolución del espacio escolar de la ciudad de Vitoria entre 1865-1931.

Cartas enviadas por Pío Baroja a Justo Garate entre 1931 y 1935

8 cartas (manuscritas) ; entre 320x210mm y 155x205mm y una tarjeta postal de 145x95mm

Approximate Solutions by Truncated Taylor Series Expansions of Nonlinear Differential Equations and Related Shadowing Property with Applications

This paper investigates the errors of the solutions as well as the shadowing property of a class of nonlinear differential equations which possess unique solutions on a certain interval for any admissible initial condition. The class of differential equations is assumed to be approximated by well-posed truncated Taylor series expansions up to a certain order obtained about certain, in general nonperiodic, sampling points t(i) is an element of [t(0), t(J)] for i = 0, 1, . . . , J of the solution. Two examples are provided.