Download or read book The Case for a Long Run Inflation Target of Four Percent written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2014-06-09 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many central banks target an inflation rate near two percent. This essay argues that policymakers would do better to target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero bound on interest rates, with the result that economic downturns would be less severe. This benefit would come at minimal cost, because four percent inflation does not harm an economy significantly.

Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.

Download or read book Journal of Economic Literature written by and published by . This book was released on 2014 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Personality Assessment written by Irving B. Weiner and published by John Wiley & Sons. This book was released on 2011-01-31 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive, balanced guide to personality assessment, written by two of the foremost experts in the field, is sure to become the gold standard of texts on this topic. The Handbook of Personality Assessment covers everything from the basics, including a historic overview and detailed discussion of the assessment process and its psychometric foundations, to valuable sections on conducting the assessment interview and the nature, interpretation, and applications of the most popular self-report (objective) and performance-based (projective) measures. A concluding section of special topics such as computerized assessment, ethical and legal issues, and report writing are unique to this text.

Download or read book Quantitative Energy Finance written by Fred Espen Benth and published by Springer Science & Business Media. This book was released on 2013-08-28 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance and energy markets have been an active scientific field for some time, even though the development and applications of sophisticated quantitative methods in these areas are relatively new—and referred to in a broader context as energy finance. Energy finance is often viewed as a branch of mathematical finance, yet this area continues to provide a rich source of issues that are fuelling new and exciting research developments. Based on a special thematic year at the Wolfgang Pauli Institute (WPI) in Vienna, Austria, this edited collection features cutting-edge research from leading scientists in the fields of energy and commodity finance. Topics discussed include modeling and analysis of energy and commodity markets, derivatives hedging and pricing, and optimal investment strategies and modeling of emerging markets, such as power and emissions. The book also confronts the challenges one faces in energy markets from a quantitative point of view, as well as the recent advances in solving these problems using advanced mathematical, statistical and numerical methods. By addressing the emerging area of quantitative energy finance, this volume will serve as a valuable resource for graduate-level students and researchers studying financial mathematics, risk management, or energy finance.

Download or read book Technical Information Indexes written by United States. Naval Air Systems Command and published by . This book was released on 1976 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Nonparametric Function Estimation Modeling and Simulation written by James R. Thompson and published by SIAM. This book was released on 1990-01-01 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topics emphasized in this book include nonparametric density estimation, multi-dimensional data analysis, cancer progression, chaos theory, and parallel based algorithms.

Download or read book Forward Looking Decision Making written by Robert E. Hall and published by Princeton University Press. This book was released on 2010-02-08 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals and families make key decisions that impact many aspects of financial stability and determine the future of the economy. These decisions involve balancing current sacrifice against future benefits. People have to decide how much to invest in health care, exercise, their diet, and insurance. They must decide how much debt to take on, and how much to save. And they make choices about jobs that determine employment and unemployment levels. Forward-Looking Decision Making is about modeling this individual or family-based decision making using an optimizing dynamic programming model. Robert Hall first reviews ideas about dynamic programs and introduces new ideas about numerical solutions and the representation of solved models as Markov processes. He surveys recent research on the parameters of preferences--the intertemporal elasticity of substitution, the Frisch elasticity of labor supply, and the Frisch cross-elasticity. He then examines dynamic programming models applied to health spending, long-term care insurance, employment, entrepreneurial risk-taking, and consumer debt. Linking theory with data and applying them to real-world problems, Forward-Looking Decision Making uses dynamic optimization programming models to shed light on individual behaviors and their economic implications.

Download or read book international journal of forcating written by and published by . This book was released on 2001 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory and Practice of Investment Management written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2011-04-18 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated guide to the theory and practice of investment management Many books focus on the theory of investment management and leave the details of the implementation of the theory up to you. This book illustrates how theory is applied in practice while stressing the importance of the portfolio construction process. The Second Edition of The Theory and Practice of Investment Management is the ultimate guide to understanding the various aspects of investment management and investment vehicles. Tying together theoretical advances in investment management with actual practical applications, this book gives you a unique opportunity to use proven investment management techniques to protect and grow a portfolio under many different circumstances. Contains new material on the latest tools and strategies for both equity and fixed income portfolio management Includes key take-aways as well as study questions at the conclusion of each chapter A timely updated guide to an important topic in today's investment world This comprehensive investment management resource combines real-world financial knowledge with investment management theory to provide you with the practical guidance needed to succeed within the investment management arena.

Download or read book The Concise Companion to Language Assessment written by Antony John Kunnan and published by John Wiley & Sons. This book was released on 2024-10-01 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Concise Companion to Language Assessment provides a state-of-the-art overview of the crucial areas of language assessment, teaching, and learning. Edited by one of the foremost scholars in the field, The Concise Companion combines newly commissioned articles on innovations in assessment with a selection of chapters from The Companion to Language Assessment, the landmark four-volume reference work first published in 2013. Presented in eight themes, The Concise Companion addresses a broad range of language assessment methods, issues, and contexts. Forty-five chapters cover assessment conceptualization, development, research, and policy, as well as recent changes in language assessment technology, learning-oriented assessment, teacher-based assessment, teacher assessment literacy, plurilingual assessment, assessment for immigration, and more. Exploring the past, present, and future possibilities of the dynamic field, The Concise Companion to Language Assessment: Contains dedicated chapters on listening, speaking, reading writing, vocabulary, pronunciation, intercultural competence, and other language skills Describes fundamental assessment design and scoring guidelines, as well as advanced concepts in scenario-based assessment and automated performance scoring Provides insights on different assessment environments, such as classrooms, universities, employment, immigration, and healthcare Covers various qualitative and quantitative research methods, including introspective methods, classical reliability, and structural equation modeling Discusses the impacts of colonialism and discrimination on the history of language assessment Explores the use of AI in writing evaluation, plagiarism and cheating detection, and other assessment contexts Sure to become a standard text for the next generation of applied linguistics students, The Concise Companion to Language Assessment is an invaluable textbook for undergraduate and graduate courses in applied linguistics, language assessment, TESOL, second language acquisition, and language policy.

Download or read book Modelling Inflation Dynamics written by Jeremy Bay Rudd and published by . This book was released on 2005 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Empirical Implications of Theoretical Models in Political Science written by Jim Granato and published by Cambridge University Press. This book was released on 2021-05-13 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a framework to demonstrate how to unify formal, theoretical and empirical analysis through various interdisciplinary examples.

Download or read book The Equity Risk Premium written by William N. Goetzmann and published by Oxford University Press. This book was released on 2006-11-16 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the return to investing in the stock market? Can we predict future stock market returns? How have equities performed over the last two centuries? The authors in this volume are among the leading researchers in the study of these questions. This book draws upon their research on the stock market over the past two dozen years. It contains their major research articles on the equity risk premium and new contributions on measuring, forecasting, and timing stock market returns, together with new interpretive essays that explore critical issues and new research on the topic of stock market investing. This book is aimed at all readers interested in understanding the empirical basis for the equity risk premium. Through the analysis and interpretation of two scholars whose research contributions have been key factors in the modern debate over stock market perfomance, this volume engages the reader in many of the key issues of importance to investors. How large is the premium? Is history a reliable guide to predict future equity returns? Does the equity and cash flows of the market? Are global equity markets different from those in the United States? Do emerging markets offer higher or lower equity risk premia? The authors use the historical performance of the world's stock markets to address these issues.

Download or read book Health Assessment and Physical Examination written by Mary Ellen Zator Estes and published by Cengage AU. This book was released on 2019-10-24 with total page 934 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health assessment is an ongoing process that evaluates the whole person as a physical, psychosocial and functional being, whether they are young or old, well or ill. This market-leading text presents health assessment, physical examination information and skills for health professionals who undertake these types of assessments. Health Assessment and Physical Examination is scaffolded from foundation to more advanced health assessment, following a body-systems approach and a ‘head-to-toe’ approach. It uses the ENAP (Examine–Normal–Abnormal–Pathophysiology) approach as a tool for students to collect useful information. An applied case study at the end of each chapter walks students through an example of an assessment. This comprehensive yet student-friendly text is noted for its high-quality case studies, pedagogical elements, and excellent student resources. Unique to this text are the advanced topics and ‘Urgent findings’, which highlights serious or life-threatening signs or critical assessment findings that need immediate attention.

Download or read book Sourcebook of Adult Assessment Strategies written by Nicola S. Schutte and published by Springer Science & Business Media. This book was released on 2013-11-21 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessment is a topic that is central to psychology. In the case of clinical psychology, assessment of individual functioning is of keen interest to individuals involved in clinical practice as well as research. Understand ing the multiple domains of functioning, evaluating characteristics of individuals in relation to others (normative assessment) as well as in relation to themselves (ipsative assessment), and charting progress or change over time all require well-developed assessment tools and methods. In light of the importance of the topic, books, journals, and monographs continue to emerge in large numbers to present, address, and evaluate diverse measures. Keeping informed about measures, identifying the mea sures in use, and obtaining the necessary information for their interpreta tion make the task of Sisyphus look like a vacation. In this book, the editors provide information that eases the task remarkably. The overriding goal of this book is to provide concise, useful, and essential information about measures of adult functioning. To that end, this is a sourcebook, a format that is particularly noteworthy. The mea sures are presented and organized according to diagnostic categories, as derived from the Diagnostic and Statistical Manual of Mental Disorders (DSM-IV). The categories are broad (e. g. , substance-related disorders, anx iety disorders, mood disorders, schizophrenia and related disorders) in recognition that those who develop measures and those who use them in clinical research or practice usually do not have narrowly defined diagnos tic entities in mind.

Download or read book Performance Based Assessment for Middle and High School Physical Education written by Jacalyn Lea Lund and published by Human Kinetics Publishers. This book was released on 2019-03-25 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third edition of this popular and authoritative text includes three new chapters and numerous revisions and updates--all designed to help you effectively develop and use performance-based assessments. Comes with a web resource.