How did the Fed react to the 1990s stock market bubble? Evidence from an extended Taylor rule
Article Abstract:
Alan Greenspan, Chairman of Federal Reserve Bank of Kansas City had opined that the Fed did not have methods to curtail stock market bubble. A study using Taylor Rule methodology confirms that the Fed did not neutralize the bubble. However, an extension of the same rule suggests that by keeping the Fed funds rate lower than that suggested by the model, Fed might have indirectly fostered the bubble.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
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An efficient, adaptive parameter variation scheme for metaheuristics based on the epsilon-constraint method
Article Abstract:
A simple adaptive scheme for generating constraint values during in epsilon-constraint method is presented. Epsilon-constraint method is used for approximating Pareto set of multiobjective optimization problems.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
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Identification of a small reliable and efficient set of consistent scenarios
Article Abstract:
Three new methods for identification of scenarios out of all combinatorial scenarios are presented. These methods are used for scenario analysis.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
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