Inflation targeting is shown to imply inflation forecast targeting: the central bank's inflation forecast becomes an explicit intermediate target. Inflation forecast targeting simplifies both implementation and monitoring of monetary policy. The weight on output stabilization determines how

computing regime. Media access control in sensor networks must not only be energy efficient but should also allow fair bandwidth allocation to the infrastructure for all nodes in a multihop network. We propose an adaptive rate control mechanism aiming to support these two goals and find that such a scheme

. 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

The formalism of probabilistic graphical models provides a unifying framework for capturing complex dependencies among random variables, and building large-scale multivariate statistical models. Graphical models have become a focus of research in many statistical, computational and mathematical

you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact

I develop a general equilibrium model with sticky prices, credit constraints, nominal loans and asset prices. Changes in asset prices modify agents ’ borrowing capacity through collateral value; changes in nominal prices affect real repayments through debt deflation. Monetary policy shocks move

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at

and always has sufficient receiver window and sender data. The model predicts the Congestion Avoidance performance of nearly all TCP implementations under restricted conditions and of TCP with SelectiveAcknowledgements over a much wider range of Internet conditions. We verify

Your use of the JSTOR archive indicates your acceptance of JSTOR ' s Terms and Conditions of Use, available at

Abstract not found