This chapter gives some preliminary material on number theory and algebraic geometry. Section 1 gives basic preliminary notation, both mathematical and logistical. Section 2 describes what algebraic geometry is assumed of the reader, and gives a few conventions that will be assumed here. Section 3

This paper prese mall group of people. Our mod f knowledge creation: (i) hete or successful cooperation in t cooperative knowledge crea tion of knowledge in common. The the two person c of too much kno two-person case creation may co and they are a d

exercises for people who are familiar with this material. On the computational side, basic familiarity with R will also be assumed. Those who have been to the Statistical Computing module will certainly have sufficient background here.

discussion and critical comment. References in publications to International Finance Discussion Papers (other than an acknowledgment that the writer has had access to unpublished material) should be cleared with the author or authors. Recent IFDPs are available on the Web at www

discussionand critical comment. Referencesin publicationsto InternationalFinanceDiscussionPapers (otherthan an acknowledgmentthat the writer has had accessto unpublishedmaterial)shouldbe cleared This study provides evidence that 10-year-aheadinflation expectations adapt very slowly to changesin realizedinflation. This evidencederivesprimarilyfrom yieldson 10-yeargovernmentbonds in a sampleof OECD countries,includinginflation-indexedbondswhere they are available. The study examinesboth the cross-countryand time-seriesbehaviorof interest rates and inflation rates. For the United States, additionalevidence is provided from a survey of 10-yearinflation expectationsheld by marketparticipants.This studydoes not presenta theoreticalmodelof expectationsformation. However, long memoryof the type documentedin this studywouldbe impliedby a modelof multipleinflationary regimes in which agents base their probability distributions of future regimes on past inflationary experience. i Joseph E. Gagnon] L Inproductionand Motivation This study provides evidence that 10-year-aheadinflation expectationsadapt very slowly to

discussion and critical comment. References in publications to International Finance Discussion Papers

Aims: This module will introduce students to the statistical concepts and tools involved in modelling data which are correlated in time and/or space. Learning outcomes: By the end of the module, students should have achieved: • a clear understanding of the meaning of temporal and spatial correlation; • a good working knowledge of standard models to describe both the systematic and the random parts of an appropriate model; • the ability to implement and interpret these models in standard applications; • an understanding of some of the key concepts which lie at the heart of current research in this area; • appreciation of at least one substantial case study. Prerequisites: Preparation for this module should establish familiarity with: • standard models and tools for time series data, at the level of a typical undergraduate course on time series; • standard models and tools for spatial data at its simplest level; • inferential methods, including classical and Bayesian likelihood-based methods, to at

apts.ac.ukAcademyforPhDTraininginStatistics

This document is comprised of preliminary materials, consisting of a literature search strategy, evidence tables, and exposure-response arrays. This information is distributed solely for the purpose of pre-dissemination review under applicable information quality guidelines. It has not been

NOTE: Staff working papers in the Finance and Economics Discussion Series (FEDS) are preliminary materials circulated to stimulate discussion and critical comment. The analysis and conclusions set forth are those of the authors and do not indicate concurrence by other members of the research staff