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The Equilibrium Real Funds Rate: Past, Present, and Future
We examine the behavior, determinants, and implications of the equilibrium level of the real federal funds rate, interpreted as the long run or steady state value of the real funds rate. We drawExpand
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The Commodity-Consumer Price Connection: Fact or Fable?
The recent surge in commodity prices has rekindled interest in their power to predict consumer price inflation. But is this interest warranted? In examining the empirical relationship betweenExpand
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Tracking the economy with the purchasing managers' index
The purchasing managers' index is a widely watched but virtually untested indicator of manufacturing activity. This article examines how well the index lives up to its billing as a leading indicator.Expand
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Analysis of the kinetics of peritoneal adhesion formation in the rat and evaluation of potential antiadhesive agents.
BACKGROUND Peritoneal adhesions continue to be a significant cause of postoperative complications. Elucidating the origin of these adhesions has been hampered by the lack of a reproducible animalExpand
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A Skeptical View of the Impact of the Fed's Balance Sheet
We review the recent U.S. monetary policy experience with large scale asset purchases (LSAPs) and draw lessons for monetary policy going forward. A rough consensus from previous studies is that LSAPExpand
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FMix: Enhancing Mixed Sample Data Augmentation
TLDR
We propose FMix, an MSDA that uses binary masks obtained by applying a threshold to low frequency images sampled from Fourier space, obtaining new state-of-the-art results on CIFAR-10 and Fashion-MNIST. Expand
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Understanding and Enhancing Mixed Sample Data Augmentation
TLDR
We analyse MixUp, CutMix, and FMix from an information theoretic perspective, characterising learned models in terms of how they progressively compress the input with depth. Expand
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The supply side consequences of U.S. fiscal policy in the 1980s
Fiscal policy changes in the 1980s had several possible implications for the long-run performance of the U.S. economy. The authors review the impact of tax reductions on saving, investment, and workExpand
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Forecasting automobile output
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