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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Macroeconomic theory essay. Evaluate the theoretical argument that price and wage flexibility allow an economy to correct a negative demand shock. Provide evidence from Japan in the 1990s to illustrate your answer and consider briefly what policy lessons may follow for dealing with the impact of the current world financial crisis. In the year 2007-2008‚ the global economy has been suffering deeply from the impact of the major financial crisis. This event is considered the worst of its kind
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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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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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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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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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and established that people will go to extreme lengths to obey authority. The Holocaust was the motivation behind Milgram’s study and we are all knowledgeable of the atrocities ordered by Hitler (Simplepsychology‚ n‚d.). Would you deliver a shock to another human being? That question is the foundation of the study done by researchers at the SWPS University of Social Sciences and Humanities in Poland (Simplepsychology‚ n‚d.).
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fun‚ but in the short story An Occurrence at Owl Creek Bridge we get to look in the mind of a man named Peyton Fahrquar who suffers this gruesome fate. Along with that‚ Ambrose Bierce used many literacy techniques such as irony‚ foreshadowing‚ and shock affect to help the reader visualize what was going through his mind during this terrible event. Irony is an event that the reader expects to happen‚ but is the quite opposite‚ usually for a funny or dramatic effect. In An Occurrence at Owl Creek Bridge
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