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Equilibrium Properties of HPlasma
, 2016
"... The equilibrium properties of the dense semiclassical hydrogen plasma are investigated by chain of Bogolyubov equations. The pseudopotential model, taking into account both shortrange quantummechanical effects and longrange manyparticle screening ones, is proposed. The equation of state of hydro ..."
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The equilibrium properties of the dense semiclassical hydrogen plasma are investigated by chain of Bogolyubov equations. The pseudopotential model, taking into account both shortrange quantummechanical effects and longrange manyparticle screening ones, is proposed. The equation of state
AN EQUILIBRIUM CHARACTERIZATION OF THE TERM STRUCTURE
, 1977
"... The paper derives a general form of the term structure of interest rates. The following assumptions are made: (A.l) The instantaneous (spot) interest rate follows a diffusion process; (A.2) the price of a discount bond depends only on the spot rate over its term; and (A.3) the market is efficient. U ..."
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Cited by 1004 (0 self)
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. Under these assumptions, it is shown by means of an arbitrage argument that the expected rate of return on any bond in excess of the spot rate is proportional to its standard deviation. This property is then used to derive a partial differential equation for bond prices. The solution to that equation
Automobile prices in market equilibrium
 Econometrica
, 1995
"... Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at ..."
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Cited by 510 (18 self)
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Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at
The Cyclical Behavior of Equilibrium Unemployment and Vacancies
 American Economic Review
, 2005
"... This paper argues that a broad class of search models cannot generate the observed businesscyclefrequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancyunemployment ratio is 20 times as volatile as average labor productivity ..."
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Cited by 839 (20 self)
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that wages are determined by Nash bargaining. ∗ This is a major revision of ‘Equilibrium Unemployment Fluctuations’. I thank Daron Acemoglu, Olivier
Risk, Return and Equilibrium: Empirical Tests
 Journal of Political Economy
, 1973
"... Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at ..."
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Cited by 1445 (10 self)
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Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at
Equilibrium properties of offline LVQ
"... Abstract. The statistical physics analysis of offline learning is applied to cost function based learning vector quantization (LVQ) schemes. Typical learning behavior is obtained from a model with data drawn from high dimensional Gaussian mixtures and a system of two or three competing prototypes. T ..."
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Abstract. The statistical physics analysis of offline learning is applied to cost function based learning vector quantization (LVQ) schemes. Typical learning behavior is obtained from a model with data drawn from high dimensional Gaussian mixtures and a system of two or three competing prototypes. The analytic approach becomes exact in the limit of high training temperature. We study two cost function related LVQ algorithms and the influence of an appropriate weight decay. In our findings, learning from mistakes (LFM) achieves poor generalization ability, while a limiting case of generalized LVQ (GLVQ), termed LVQ+/, displays much better performance with a properly chosen weight decay. 1
A Simple Model of Capital Market Equilibrium with Incomplete Information
 JOURNAL OF FINANCE
, 1987
"... The sphere of modern financial economics encompases finance, micro investment theory and much of the economics of uncertainty. As is evident from its influence on other branches of economics including public finance, industrial organization and monetary theory, the boundaries of this sphere are both ..."
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Cited by 720 (2 self)
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The sphere of modern financial economics encompases finance, micro investment theory and much of the economics of uncertainty. As is evident from its influence on other branches of economics including public finance, industrial organization and monetary theory, the boundaries of this sphere are both permeable and flexible. The complex interactions of time and uncertainty guarantee intellectual challenge and intrinsic excitement to the study of financial economics. Indeed, the mathematics of the subject contain some of the most interesting applications of probability and optimization theory. But for all its mathematical refinement, the research has nevertheless had a direct and significant influence on practice. It was not always thus. Thirty years ago, finance theory was little more than a collection of anecdotes, rules of thumb, and manipulations of accounting data with an almost exclusive focus on corporate financial management. There is no need in this meeting of the guild to recount the subsequent evolution from this conceptual potpourri to a rigorous economic
Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
 Journal of Economics
, 2000
"... We estimate a forwardlooking monetary policy reaction function for the postwar United States economy, before and after Volcker’s appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods. In particular, interest rate policy in the Volcker ..."
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Cited by 1220 (17 self)
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in the VolckerGreenspan period appears to have been much more sensitive to changes in expected in�ation than in the preVolcker period. We then compare some of the implications of the estimated rules for the equilibrium properties of in�ation and output, using a simple macroeconomic model, and show
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