Asset Pricing: Term Paper Topic: Optimal Monetary Policy in the Presence of Asset-Prices Fluctuation I. Why I choose this topic: I interest in the role of asset prices that make a fluctuation of social welfare‚ because there are many crisis that occur from the financial sector. I try to find the papers that have clear explanation on the structure of economy. Specifically‚ how asset prices affect the economy and‚ then‚ how monetary policymakers should response to this effect. Eventually‚
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Exchange is change. Rapid‚ brutal‚ beautiful‚ hurtful‚ colorful‚ amazing‚ unexpected‚ overwhelming and most of all constant change. Change in lifestyle‚ country‚ language‚ friends‚ parents‚ houses‚ school‚ simply everything. Exchange is learning to trust. Trust people‚ who‚ at first‚ are only names on a piece of paper‚ trust that they want the best for you‚ that they care. Trust‚ that you have the strength to endure a year on your own‚ endure a year of being apart from everything that mattered to
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experiment. In this variation‚ both participants are in separate rooms. The learner is strapped with braces to initiate the electric shocks; while the teacher has the control over the shocks when giving word task directions. If answered correctly‚ no shock is given but when answered incorrectly than a shock is given‚ then repeat‚ but if another answer is incorrect‚ the shock is raised another voltage. The researcher will stay in the room with the teacher while performing the experiment. In the other room
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electric shock‚ the muscles contract‚ the heart muscle goes into fibrillation electric shock can result in death AC is much more dangerous than DC An electrical shock is experienced when a person become part of an electric circuit. As a result‚ current enters at one point and leaves by another. The severity of the shock is determined by three main factors: The amount of current flowing through the body; The path of the current through the body. The great majority of electric shocks enter through
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phases for this experiment. In first phase‚ the group 1 dog received a shock it is able to avoid it whereas‚ another group (group 2) of dogs received the shock that cannot be avoided. The time of the shock pass through was the same for both groups. From this experiment‚ the time taken for the first group dog to escape was observed. But for the third group the situation was controlled. The dogs in group 3 does not receive any shock at the first phase. Then the second phase was conducted. This phase is
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Abstract This paper is to employ a vector autoregressive model to investigate the impact of stock market and saving rate on GDP growth. The result indicates that the lagged values of both stock index and saving rate don’t have influence on the current value of GDP. However‚ we find that the lagged value of stock index does have impact on saving rate. We conclude that one of the most important reason lead to this result should due to small sample size and data of saving rate still remains non-stationary
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AHMAD AHMAD MUHAMMAD 4141244 CRITICAL THINKING ASSIGNMENT PROBLEM SOLVING CULTURE SHOCK What is culture shock? The term culture shock expresses lack of direction‚ feeling of not knowing what to do or how to do things in a new environment‚ and not knowing what is appropriate or inappropriate in this new environment. I experienced this culture shock and I try to solve this problem. Since different countries have different cultures‚ when people get into the new country‚ they may encounter different
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named Mr. Wallace‚ was taken into a room and connected to electrodes. The teacher and the researcher would proceed to the next room which contained an electric shock generator and a set of controls labeled 15 volts to 375 volts to 450 volts. The 15-volt control was also labeled as Slight Shock‚ 375 volts was labels as Danger: Severe Shock and the 450-volt control was labeled as
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words. On making a mistake the subject has to punish the learner with an electric shock and for each mistake 15 volts higher than the last shock to be given. But in this experiment the learner actually didn’t receive any shock but it was pre-tapped audio which was played every time when the shock button was pressed. And the same tape said ‘continue’‚ ‘go on’ then the subject has to continue asking questions and give shock for every mistake. During this experiment of Milgram‚ few of the subjects displayed
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continuing until they reached the most potent shock on the generator‚ at which point‚ the experimenter called a halt to the session. Not one participant stopped before shock level 20‚ which was 300 volts‚ and the point at which the learner stopped answering questions. Milgram asked groups of laypeople and experts to predict the outcome of the experiment before it as conducted. As it was predicted that participants would refuse to administer shocks of more than a minimal voltage to learners (Moghaddam
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