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is typical of monetary models , and it is assumed to preclude barter (e.g., Kiyotaki and Wright 1989). We relax this assumption in Baseline-R and Rematch-R. Here, the participant’s type rotates with each new ...
peasant girl. The Prague National Theater’s conductors frantically hand her music to add to the large folder, labeled “Scores,” she holds in her left hand. However, her attention is focused on the score ...
’ Ricardian theory of exchange to the term ‘real income’.36 The upper part of Fig. 4(a) thus represents the ‘production and barter box’ of Aristotle’s exchange model ; the lower part represents the corresponding ...
[43], and multicellular systems [44]. However, no models exist for transgenerational inheritance. With many molecular processes in fertilization and embryo development remaining mostly unknown, DNA ...
is preserved.20 Even in that variant, however, investment would move in the opposite direction than consumption, implying that the model cannot generate a realistic recession in response to the shock.21 To sum ...
Accident’ (p. 13), he says, which leads him to wonder ‘about these Disappointments being from Heaven’ (p. 13), that is, ‘particular Providences’ directing him ‘to stay and take my Lot in that Station ...
or release, towards something approaching euphoria and rapture. I say ‘denied himself’, though of course confessional writing was a hardly an option for Hughes at the time, since no direct exposure of the soul ...
republics in the late 1980s and early 1990s, disrupted the flow of goods within the Union. The effects are economically significant and statistically robust in an adapted version of a standard gravity model ...
(see n. 8, above) paradoxical equivalences between hero and adversary, between, for instance, H. and Cacus among others. To add an instance, H. is notoriously robbed of his cattle while somnolent, and he ...
savings. Conventional models predict that these countries should benefit from financial globalization less than poorer countries that have low domestic savings. The reason, of course , is that their needs ...
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