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In this work, Gabriel Jiménez C. takes us on a hectic thrilling adventure filled with action, in which a man who is driven by his past, has ended up dedicating his life to trace and eliminate killers; a woman, also conditioned by her own history, has to live on the run and by mere luck. These two people meet, their backgrounds pushing them close together despite the terrible future that their murky lives may hold.
In this work, Gabriel Jiménez C. takes us on a hectic thrilling adventure filled with action, in which a man who is driven by his past, has ended up dedicating his life to trace and eliminate killers; a woman, also conditioned by her own history, has to live on the run and by mere luck. These two people meet, their backgrounds pushing them close together despite the terrible future that their murky lives may hold.
We present in this volume the collection of finally accepted papers of the eighth edition of the “IWANN” conference (“International Work-Conference on Artificial Neural Networks”). This biennial meeting focuses on the foundations, theory, models and applications of systems inspired by nature (neural networks, fuzzy logic and evolutionary systems). Since the first edition of IWANN in Granada (LNCS 540, 1991), the Artificial Neural Network (ANN) community, and the domain itself, have matured and evolved. Under the ANN banner we find a very heterogeneous scenario with a main interest and objective: to better understand nature and beings for the correct elaboration of theories, models an...
This book investigates to what extent the quality of eligible collateral is able to explain inflation. Addressing this question, hypotheses derived from the Theory of Property Economics by Heinsohn & Steiger are tested. Data are collected using a questionnaire, answered by central banks. An index of the quality of eligible collateral is constructed. Regression analyses are performed based on a sample of 62 countries for the period 1990 to 2003. A negative, robust and statistically significant correlation between inflation and the quality of eligible collateral is found. Central bank independence cannot contribute to the explanation of inflation. The result supports the theory of Heinsohn & Steiger: Securitisation of central bank lending is crucial for price stability.
I provide an integrated analysis of monetary and macroprudential policies in a model economy featuring a financial friction and a nominal wage rigidity. In this set-up, the monetary authority faces a trade-off between macroeconomic and financial stability: While expansionary counter-cyclical monetary policy prevents involuntary unemployment, it also amplifies an inefficient reallocation of capital across sectors. The main contribution of the analysis is threefold: First it highlights a novel channel through which monetary policy can impact financial stability. Second, it shows that, by itself, monetary policy can significantly mitigate the wedge between the constrained efficient and the competitive allocation. Third, regardless of the availability of macroprudential tools, stabilizing demand is usually not optimal for monetary policy.
In v.1-8 the final number consists of the Commencement annual.
State and Society in Spanish America during the Age of Revolution calls into question the orthodox split of Latin American history into colonial and modern, arguing that this split obscures significant economic, social, and even political continuities from 1780 to 1850. In addition, the book argues that the colonial-modern division makes it difficult to appraise historical changes in a comprehensive way. The book covers an unconventional period-1750 to 1850-and looks at the continuities over this longer, more comprehensive timespan. The essays discuss late colonial and postcolonial developments in gender, racial, class, and cultural relations across Latin America and in specific regions, inc...