6 resultados para Gordon Rule

em University of Connecticut - USA


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L'Hopital's Rule is discussed in the cvase of an irreversible isothermal expansion.

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The second chapter of the Case text on the phase rule, this time dealing with two component systems, added to by the author, is presented here.

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The Taylor rule has become one of the most studied strategies for monetary policy. Yet, little is known whether the Federal Reserve follows a non-linear Taylor rule. This paper employs the smooth transition regression model and asks the question: does the Federal Reserve change its policy-rule according to the level of inflation and/or the output gap? I find that the Federal Reserve does follow a non-linear Taylor rule and, more importantly, that the Federal Reserve followed a non-linear Taylor rule during the golden era of monetary policy, 1985-2005, and a linear Taylor rule throughout the dark age of monetary policy, 1960-1979. Thus, good monetary policy is associated with a non-linear Taylor rule: once inflation approaches a certain threshold, the Federal Reserve adjusts its policy-rule and begins to respond more forcefully to inflation.

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One component systems are treated from the point of view of the Gibbs' phase rule.

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This out of print 1939 manuscript, updated, is added to the literature with slight additions

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This is the last (third) chapter of the phase rule text, again altered by the author, addressing 3 and 4 compnent systems.