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Nugen Audio is featuring its 3D-compatible convolution reverb, Paragon, at booth N5008 at the 2022 NAB Show (April 23-27 in Las Vegas). Offering full control o

Impulse Responses (IRs) usually resided in the studio world of plug-ins, but they quickly moved over to practical live rigs, bringing really great sounding amp and cabinet emulations to a whole new wo

Rui Esteves, Seán Kenny, Jason Lennard 20 July 2021 There is little consensus on the macroeconomic impacts of sovereign debt crises, despite the regularity of such events. This column quantifies the aggregate costs of defaults using a narrative approach on a large panel of 50 sovereigns between 1870 and 2010. It estimates significant and persistent negative effects of debt crises starting at 1.6% of GDP and peaking at 3.3%, before reverting to trend five years later. In addition, underlying causes matter. Defaults driven by aggregate demand shocks result in short-term contractions, wh...

Guido Tabellini The Covid-19 pandemic has imposed significant economic hardships on affected economies. The aggregate effects on national incomes have been significant. Unemployment in the US rose from 3.5% in February 2020, just before the impact of the pandemic, to 14.7% by April 2020. Relative to a year ago, second-quarter GDP in the US dropped by 9.0%; in the euro area, the fall was 14.6%. Worldwide, the modal growth rate of GDP fell more than 10 percentage points in the first half of 2020 relative to the most recent IMF forecast (Furceri et al. 2021).  In response to the deep pandemic r...

Earthmoments 5Elements Rating: ***** 5/5 Stars Hosted by either the free player or the full version of NI’s Kontakt, 5Elements utilises almost 6GB of samples sourced from a selection of handmade Indian Instruments, but you won’t find any sitars, tamburas or tablas here. These unique instruments were designed and built by Aurelio C Hammer, musicologist and founder of Svaram, whose instruments incorporate different natural metals, woods and types of stone. The 5Elements name relates to the five elements of Earth, Water, Fire, Wind and Space. I’ll get on to the instruments themselves in a...