Abstract
This paper presents a toolkit for generating optimal policy projections. It makes five contributions. First, the toolkit requires a minimal set of inputs: only a baseline projection for target and instrument variables and impulse responses of those variables to policy shocks. Second, it solves optimal policy projections under commitment, limited-time commitment, and discretion. Third, it handles multiple policy instruments. Fourth, it handles multiple constraints on policy instruments such as a lower bound on the policy rate and an upper bound on asset purchases. Fifth, it allows alternative approaches to address the forward guidance puzzle. The toolkit that accompanies this paper is Dynare compatible, which facilitates its use. Examples replicate existing results in the optimal monetary policy literature and illustrate the usefulness of the toolkit for highlighting policy trade-offs. We use the toolkit to analyse US monetary policy at the height of the Great Financial Cris
In projected COVID rate, Germany sees way out of pandemic
If vaccination rates remain stable and social distancing rules are kept in place, the seven-day incidence of coronavirus infections could drop below 50 cases per 100,000 residents by June.
The pace of Germany s vaccination campaign is picking up after a slow start
There s light at the end of the tunnel for Germany. The country s seven-day incidence of coronavirus infections could fall to 50 new infections per 100,000 residents by late June, the physics professor Dirk Brockmann said. Germany s declining infections and deaths to COVID-19 appear thanks to the national vaccination rollout and social distancing rules, according to the professor and his team at Humboldt University Berlin, which creates mathematical models to project how the pandemic could develop for the Robert Koch Institute, Germany s national public health institute. The government relies on the RKI s expertise for managing the pandemic.
Search jobs 10-May-2021 Digital Health Company RetroBrain R&D Announces Training Programs on Game Console memoreBox Successfully Evaluated and Now Ready for Nationwide Roll-Out in Germany
Prevention through therapeutic computer-based training programs:
memore aims to strengthen the cognitive and physical performance of users.
Statutory Health insurance BARMER and RetroBrain R&D evaluated the therapeutic computer-based training program memoreBox in more than 100 care facilities in Germany.
As a result, 87 percent of the participating seniors would recommend the memoreBox and around 80 percent of the caregivers stated that the memoreBox relieved or supported them in their work to some extent or even significantly.
Immune system directly links personality to long-term mortality risk, study reveals
Ground-breaking research led by University of Limerick has revealed for the first time that the immune system directly links personality to long-term risk of death.
The study sheds new light on why people who are more conscientious tend to live longer.
Results from the new international study published in the journal
Brain, Behavior, and Immunity have found that the immune system plays a previously unknown role in the link between personality traits and long-term risk of death. Personality is known to be associated with long-term risk of death, it is a well replicated finding observed across numerous research studies internationally, explained Principal Investigator on the study Dr Páraic Ó Súilleabháin, from the Department of Psychology and Health Research Institute at University of Limerick, Ireland.
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Ground-breaking research led by University of Limerick has revealed for the first time that the immune system directly links personality to long-term risk of death.
The study sheds new light on why people who are more conscientious tend to live longer.
Results from the new international study published in the journal
Brain, Behavior, and Immunity have found that the immune system plays a previously unknown role in the link between personality traits and long-term risk of death. Personality is known to be associated with long-term risk of death, it is a well replicated finding observed across numerous research studies internationally, explained Principal Investigator on the study Dr Páraic Ó Súilleabháin, from the Department of Psychology and Health Research Institute at University of Limerick, Ireland.