Combinational Vs Sequential Logic Combinational circuit. Sequential Circuit ? F. CS221: Digital Design Sequential Logic Design (Latch & FF)

Size: px
Start display at page:

Download "Combinational Vs Sequential Logic Combinational circuit. Sequential Circuit ? F. CS221: Digital Design Sequential Logic Design (Latch & FF)"

Transcription

1 /5/25 22: Digil Design equenil Logic Design (Lch & FF) A. hu Dep of omp. c. & Engg. Indin Insiue of Technology Guwhi Ouline ominionl Vs equenil Logic Design Design flip flop, h sores one i lch ilizing lch: Level ensiive locked Lch : Flip Flop Edge ensiive D, JK, T flip flops hrcerizion Tle nd Equion, D, JK nd T Flip flop 3. ominionl Vs equenil Logic ominionl circui Oupu depends on presen inpu Exmples: F (A,B,), FA, HA, Muliplier, Decoder, Muliplexor, Adder, Prioriy Encoder ominionl Digil ircui F = F (,) Propgion dely (+ pd )=F((), ()) ominionl Vs equenil Logic equenil circui Oupu depends no jus on presen inpus Bu Bulso onpssequence sequence ofinpus (e) ores is, lso known s hving se ominionl Vs equenil Logic imple exmple: circui h couns up in inry equenil digil circui? F Mus know sequence of ps inpus o know oupu () = F ((),(), H) H is Hisory/equence/e Inpu clk equenil ircui ominionl logic s s Hisory/ equence/e n n x oupu () = F ((), (), H) H is Hisory/equence/e Where o ore his Hisory (Memory Elemen)

2 /5/25 Exmple Needing Bi orge Exmple: Fligh endn cll uon Press cll: ligh urns on ys onfer uon relesed Press Presscncel: ligh urns off How o design circui for his? Exmple Needing Bi orge ll uon ncel uon ll uon ncel uon ll uon ncel uon Bi orge. ll uon pressed ligh urns on Bi orge 2. ll uon relesed ligh sys on Bi orge 3. ncel uon pressed ligh urns off Blue ligh Blue ligh Blue ligh Exmple Needing Bi orge Fligh endn cll uon Press cll: ligh urns on ys onfer uon relesed Press Presscncel: ligh urns off How o design circui for his? Exmple Needing Bi orge Fligh endn cll uon Press cll: ligh urns on : ys onfer uon relesed Press cncel: ligh urns off Logicgecircuioimplemenhis? ge circui o implemen his? ll ncel Doesn work. = when ll=, u doesn sy when ll reurns o Need some form of feedck in he circui Firs emp Bi orge We need some sor of feedck Does circui his circui do wh we wn? Firs emp Bi orge No: Once ecomes (when =), sys forever no vlue of cn ring ck o Once ecomes (when =), sys forever no vlue of cn ring ck o 2

3 /5/25 Bi orge Using n Lch Wih cross coupled NO ges Does he circui o he righ? Do wh we wn? (se) lch (rese) es! How did someone come up wih h circui? Mye jus ril nd error, i of insigh... = Bi orge Using n Lch = = = = = = = (se) Funcion Tle of Lch lch Exmple Using Lch for Bi orge (rese) e : mke ou pu ese : mke ou pu Afer=, = Afer =, = Foridden ll uon ncel uon Bi orge Blue ligh ll ncel Blue ligh lch cn serve s i sorge of fligh endn cll uon : Gre ll= : ses o sys even fer ll= ncel= : reses o Bu, here s prolem... Lch wih NAND Ges + ** (Unpredicle) Opposie o Lch wih NO Ges e will do = nd ese will = Prolem wih Lch: = Prolem If = nd = simulneously, we don know wh vlue willke (Unpredicle) ll ce ondiion : ncel Who will win or? Evenully, wh will e he vlue of? Blue ligh 3

4 /5/25 = = Prolem wih Lch = = = = oluion o ce ondiion We ry o void = nd = y he following circui lch my oscille. Then, ecuse one ph will e slighly longer hn he oher, will evenully sele o or u we don know which. n we ensure vlue = nd = will no hppen he sme ime? Prolem wih Lch Prolem no jus one of user pressing wo uons sme ime n lso occur even if inpus come from circui h supposedly never ses = nd = sme ime Bu does, due o differen delys of differen phs = nd = se eserdy i ws my miske Prolem wih Lch Arirry ircui = = lch The longer ph from o hn o cuses = for shor ime could e long enough o cuse oscillion Fil oluion: Level ensiive Lch Add enle inpu or En Only le nd chnge when = : Ensure circui in fron of never ses =, excep riefly due o ph delys hnge o only fer sufficien ime for nd o e sle When ecomes, he sle nd vlue psses hrough he wo AND ges o he lch s inpus. Level-sensiive lch Levelsensiive lch symol Level ensiive: Lch wih NAND Ge Level-sensiive lch Level-sensiive lch symol 4

5 /5/25 Ensure = nd = should no hppened o Level ensiive Lch Level-sensiive lch Though = riefly... oluion: Ensure, ilize, ore Level-sensiive lch En... never = En Ensure ge Never Hppens = ilize ge When = ilize nd Use when = ore ge ore i Thnks 5

Bond Prices and Interest Rates

Bond Prices and Interest Rates Winer erm 1999 Bond rice Handou age 1 of 4 Bond rices and Ineres Raes A bond is an IOU. ha is, a bond is a promise o pay, in he fuure, fixed amouns ha are saed on he bond. he ineres rae ha a bond acually

More information

MA Advanced Macro, 2016 (Karl Whelan) 1

MA Advanced Macro, 2016 (Karl Whelan) 1 MA Advanced Macro, 2016 (Karl Whelan) 1 The Calvo Model of Price Rigidiy The form of price rigidiy faced by he Calvo firm is as follows. Each period, only a random fracion (1 ) of firms are able o rese

More information

More Sequential Circuits, plus Architecture

More Sequential Circuits, plus Architecture equenial v. Combinaional Circui More equenial Circui, plu rchiecure Combinaional circui. Oupu eermine olely by inpu. Can raw olely wih lef-o-righ ignal pah. equenial circui. Oupu eermine by inpu ND previou

More information

Market Models. Practitioner Course: Interest Rate Models. John Dodson. March 29, 2009

Market Models. Practitioner Course: Interest Rate Models. John Dodson. March 29, 2009 s Praciioner Course: Ineres Rae Models March 29, 2009 In order o value European-syle opions, we need o evaluae risk-neural expecaions of he form V (, T ) = E [D(, T ) H(T )] where T is he exercise dae,

More information

Chapter 3. Life Insurance

Chapter 3. Life Insurance Cher 3 Life Insurnce Life Tble = Morliy ble Noion l =number of eole live ge d =number of eole die b/w ge nd + Bsic Relionshi l + =l -d Life/Morliy ble X 0 2 3 l 00,000 98,000 96,500 95,500 d 2000 500 000

More information

Financial Econometrics Jeffrey R. Russell Midterm Winter 2011

Financial Econometrics Jeffrey R. Russell Midterm Winter 2011 Name Financial Economerics Jeffrey R. Russell Miderm Winer 2011 You have 2 hours o complee he exam. Use can use a calculaor. Try o fi all your work in he space provided. If you find you need more space

More information

Ma 093 and MA 117A - Exponential Models. Topic 1 Compound Interest

Ma 093 and MA 117A - Exponential Models. Topic 1 Compound Interest Ma 093 and MA 117A - Eponenial Models Topic 1 Compound Ineres 15) Compound Ineres A person invess $7000 a 10% ineres compounded annuall. a) Find an equaion for he value of he invesmen afer ears. = a* b

More information

Problem Set 1 Answers. a. The computer is a final good produced and sold in Hence, 2006 GDP increases by $2,000.

Problem Set 1 Answers. a. The computer is a final good produced and sold in Hence, 2006 GDP increases by $2,000. Social Analysis 10 Spring 2006 Problem Se 1 Answers Quesion 1 a. The compuer is a final good produced and sold in 2006. Hence, 2006 GDP increases by $2,000. b. The bread is a final good sold in 2006. 2006

More information

Economics 301 Fall Name. Answer all questions. Each sub-question is worth 7 points (except 4d).

Economics 301 Fall Name. Answer all questions. Each sub-question is worth 7 points (except 4d). Name Answer all quesions. Each sub-quesion is worh 7 poins (excep 4d). 1. (42 ps) The informaion below describes he curren sae of a growing closed economy. Producion funcion: α 1 Y = K ( Q N ) α Producion

More information

DEBT INSTRUMENTS AND MARKETS

DEBT INSTRUMENTS AND MARKETS DEBT INSTRUMENTS AND MARKETS Zeroes and Coupon Bonds Zeroes and Coupon Bonds Ouline and Suggesed Reading Ouline Zero-coupon bonds Coupon bonds Bond replicaion No-arbirage price relaionships Zero raes Buzzwords

More information

Dynamic Programming Applications. Capacity Expansion

Dynamic Programming Applications. Capacity Expansion Dynamic Programming Applicaions Capaciy Expansion Objecives To discuss he Capaciy Expansion Problem To explain and develop recursive equaions for boh backward approach and forward approach To demonsrae

More information

Exam 1. Econ520. Spring 2017

Exam 1. Econ520. Spring 2017 Exam 1. Econ520. Spring 2017 Professor Luz Hendricks UNC Insrucions: Answer all quesions. Clearly number your answers. Wrie legibly. Do no wrie your answers on he quesion shees. Explain your answers do

More information

The Mathematics Of Stock Option Valuation - Part Four Deriving The Black-Scholes Model Via Partial Differential Equations

The Mathematics Of Stock Option Valuation - Part Four Deriving The Black-Scholes Model Via Partial Differential Equations The Mahemaics Of Sock Opion Valuaion - Par Four Deriving The Black-Scholes Model Via Parial Differenial Equaions Gary Schurman, MBE, CFA Ocober 1 In Par One we explained why valuing a call opion as a sand-alone

More information

Technological progress breakthrough inventions. Dr hab. Joanna Siwińska-Gorzelak

Technological progress breakthrough inventions. Dr hab. Joanna Siwińska-Gorzelak Technological progress breakhrough invenions Dr hab. Joanna Siwińska-Gorzelak Inroducion Afer The Economis : Solow has shown, ha accumulaion of capial alone canno yield lasing progress. Wha can? Anyhing

More information

Economic Growth Continued: From Solow to Ramsey

Economic Growth Continued: From Solow to Ramsey Economic Growh Coninued: From Solow o Ramsey J. Bradford DeLong May 2008 Choosing a Naional Savings Rae Wha can we say abou economic policy and long-run growh? To keep maers simple, le us assume ha he

More information

LIDSTONE IN THE CONTINUOUS CASE by. Ragnar Norberg

LIDSTONE IN THE CONTINUOUS CASE by. Ragnar Norberg LIDSTONE IN THE CONTINUOUS CASE by Ragnar Norberg Absrac A generalized version of he classical Lidsone heorem, which deals wih he dependency of reserves on echnical basis and conrac erms, is proved in

More information

1. (S09T3) John must pay Kristen 10,000 at the end of 1 year. He also must pay Ahmad 30,000 at the end of year 2.

1. (S09T3) John must pay Kristen 10,000 at the end of 1 year. He also must pay Ahmad 30,000 at the end of year 2. Chaper 9, Secion 1 1. (S09T3) John mus pay Krisen 10,000 a he end of 1 year. He also mus pay Ahmad 30,000 a he end of year 2. John wans o exacly mach his liabiliies by purchasing he following wo bonds:

More information

Provide a brief review of futures markets. Carefully review alternative market conditions and which marketing

Provide a brief review of futures markets. Carefully review alternative market conditions and which marketing Provide a brief review of fuures markes. Carefully review alernaive marke condiions and which markeing sraegies work bes under alernaive condiions. Have an open and ineracive discussion!! 1. Sore or Wai

More information

t=1 C t e δt, and the tc t v t i t=1 C t (1 + i) t = n tc t (1 + i) t C t (1 + i) t = C t vi

t=1 C t e δt, and the tc t v t i t=1 C t (1 + i) t = n tc t (1 + i) t C t (1 + i) t = C t vi Exam 4 is Th. April 24. You are allowed 13 shees of noes and a calculaor. ch. 7: 137) Unless old oherwise, duraion refers o Macaulay duraion. The duraion of a single cashflow is he ime remaining unil mauriy,

More information

Objectives for Exponential Functions Activity

Objectives for Exponential Functions Activity Objecives for Recognize siuaions having a consan percen change as exponenial Creae an exponenial model given wo poins Creae and inerpre an exponenial model in a conex Compound ineres problems Perform exponenial

More information

UCLA Department of Economics Fall PhD. Qualifying Exam in Macroeconomic Theory

UCLA Department of Economics Fall PhD. Qualifying Exam in Macroeconomic Theory UCLA Deparmen of Economics Fall 2016 PhD. Qualifying Exam in Macroeconomic Theory Insrucions: This exam consiss of hree pars, and you are o complee each par. Answer each par in a separae bluebook. All

More information

A Theory of Tax Effects on Economic Damages. Scott Gilbert Southern Illinois University Carbondale. Comments? Please send to

A Theory of Tax Effects on Economic Damages. Scott Gilbert Southern Illinois University Carbondale. Comments? Please send to A Theory of Tax Effecs on Economic Damages Sco Gilber Souhern Illinois Universiy Carbondale Commens? Please send o gilbers@siu.edu ovember 29, 2012 Absrac This noe provides a heoreical saemen abou he effec

More information

a. If Y is 1,000, M is 100, and the growth rate of nominal money is 1 percent, what must i and P be?

a. If Y is 1,000, M is 100, and the growth rate of nominal money is 1 percent, what must i and P be? Problem Se 4 ECN 101 Inermediae Macroeconomics SOLUTIONS Numerical Quesions 1. Assume ha he demand for real money balance (M/P) is M/P = 0.6-100i, where is naional income and i is he nominal ineres rae.

More information

4452 Mathematical Modeling Lecture 17: Modeling of Data: Linear Regression

4452 Mathematical Modeling Lecture 17: Modeling of Data: Linear Regression Mah Modeling Lecure 17: Modeling of Daa: Linear Regression Page 1 5 Mahemaical Modeling Lecure 17: Modeling of Daa: Linear Regression Inroducion In modeling of daa, we are given a se of daa poins, and

More information

Constant Acceleration Model

Constant Acceleration Model Physics / Uni III / CAPM Nme: Consn Accelerion Model Physicl Quniy Descripion Symbol Unis CAPM Model Summry from Modeling Workshop Projec 6 Physics / Uni III / CAPM Skech nd lbel he eperimen seup: Rmp

More information

San Francisco State University ECON 560 Summer 2018 Problem set 3 Due Monday, July 23

San Francisco State University ECON 560 Summer 2018 Problem set 3 Due Monday, July 23 San Francisco Sae Universiy Michael Bar ECON 56 Summer 28 Problem se 3 Due Monday, July 23 Name Assignmen Rules. Homework assignmens mus be yped. For insrucions on how o ype equaions and mah objecs please

More information

Matematisk statistik Tentamen: kl FMS170/MASM19 Prissättning av Derivattillgångar, 9 hp Lunds tekniska högskola. Solution.

Matematisk statistik Tentamen: kl FMS170/MASM19 Prissättning av Derivattillgångar, 9 hp Lunds tekniska högskola. Solution. Maemaisk saisik Tenamen: 8 5 8 kl 8 13 Maemaikcenrum FMS17/MASM19 Prissäning av Derivaillgångar, 9 hp Lunds ekniska högskola Soluion. 1. In he firs soluion we look a he dynamics of X using Iôs formula.

More information

AZ DISPLAYS, INC. COMPLETE LCD SOLUTIONS SPECIFICATIONS FOR LIQUID CRYSTAL DISPLAY

AZ DISPLAYS, INC. COMPLETE LCD SOLUTIONS SPECIFICATIONS FOR LIQUID CRYSTAL DISPLAY AZ DISPLAYS, INC. COMPLETE LCD SOLUTIONS SPECIFICATIONS FOR LIQUID CRYSTAL DISPLAY PART NUMBER: AGM 1232G SERIES DATE: APRIL 26, 2001 1.0 MECHANICAL SPECS 1. Iem Descripion 2. Overall Module Size 84.0mm(W)

More information

Chapter Outline CHAPTER

Chapter Outline CHAPTER 8-0 8-1 Chaper Ouline CHAPTER 8 Sraegy and Analysis in Using Ne Presen Value 8.1 Decision Trees 8.2 Sensiiviy Analysis, Scenario Analysis, and Break-Even Analysis 8.3 Mone Carlo Simulaion 8. Opions 8.5

More information

of Manchester The University START of Manchester The University

of Manchester The University START of Manchester The University /3/0 COMP4 Lecure 8 Hidden Mrkov Models Hidden Mrkov Models Imgine he s nd s re hidden, so he d roduced is sequence of nd D generion is esy, -------- D decoding is miguous,? Ses emi feures or, u heir originis

More information

Problem Set 2 Suggested Solutions

Problem Set 2 Suggested Solutions 4.472 Prolem Set 2 Suggested Solutions Reecc Zrutskie Question : First find the chnge in the cpitl stock, k, tht will occur when the OLG economy moves to the new stedy stte fter the government imposes

More information

Chapter 7. Registers & Register Transfers. J.J. Shann. J. J. Shann

Chapter 7. Registers & Register Transfers. J.J. Shann. J. J. Shann Chapter 7 Registers & Register Transfers J. J. Shann J.J. Shann Chapter Overview 7-1 Registers and Load Enable 7-2 Register Transfers 7-3 Register Transfer Operations 7-4 A Note for VHDL and Verilog Users

More information

Lecture 20: Sequential Circuits. Sequencing

Lecture 20: Sequential Circuits. Sequencing Lecture 20: Sequential Circuits Sequencing Elements Simple /FF Timing efinitions Source: Ch 7 (W&H) Sequencing Use flip-flops to delay fast tokens so they move through exactly one stage each cycle. Inevitably

More information

Econ 546 Lecture 4. The Basic New Keynesian Model Michael Devereux January 2011

Econ 546 Lecture 4. The Basic New Keynesian Model Michael Devereux January 2011 Econ 546 Lecure 4 The Basic New Keynesian Model Michael Devereux January 20 Road map for his lecure We are evenually going o ge 3 equaions, fully describing he NK model The firs wo are jus he same as before:

More information

Supplement to Chapter 3

Supplement to Chapter 3 Supplemen o Chaper 3 I. Measuring Real GD and Inflaion If here were only one good in he world, anchovies, hen daa and prices would deermine real oupu and inflaion perfecly: GD Q ; GD Q. + + + Then, he

More information

Evaluating Projects under Uncertainty

Evaluating Projects under Uncertainty Evaluaing Projecs under Uncerainy March 17, 4 1 Projec risk = possible variaion in cash flows 2 1 Commonly used measure of projec risk is he variabiliy of he reurn 3 Mehods of dealing wih uncerainy in

More information

Fundamental Basic. Fundamentals. Fundamental PV Principle. Time Value of Money. Fundamental. Chapter 2. How to Calculate Present Values

Fundamental Basic. Fundamentals. Fundamental PV Principle. Time Value of Money. Fundamental. Chapter 2. How to Calculate Present Values McGraw-Hill/Irwin Chaper 2 How o Calculae Presen Values Principles of Corporae Finance Tenh Ediion Slides by Mahew Will And Bo Sjö 22 Copyrigh 2 by he McGraw-Hill Companies, Inc. All righs reserved. Fundamenal

More information

ECONOMIC GROWTH. Student Assessment. Macroeconomics II. Class 1

ECONOMIC GROWTH. Student Assessment. Macroeconomics II. Class 1 Suden Assessmen You will be graded on he basis of In-class aciviies (quizzes worh 30 poins) which can be replaced wih he number of marks from he regular uorial IF i is >=30 (capped a 30, i.e. marks from

More information

NASDAQ-100 DIVIDEND POINT INDEX. Index Methodology

NASDAQ-100 DIVIDEND POINT INDEX. Index Methodology NASDAQ-100 DIVIDEND POINT INDEX Index Mehodology April 2017 TABLE OF CONTENTS TABLE OF CONTENTS 1. Inroducion 2. Index calculaion 2.1 Formula 2.1.1 dividends 2.1.2 Rese of he index value 2.2 Oher adjusmens

More information

Macroeconomics II A dynamic approach to short run economic fluctuations. The DAD/DAS model.

Macroeconomics II A dynamic approach to short run economic fluctuations. The DAD/DAS model. Macroeconomics II A dynamic approach o shor run economic flucuaions. The DAD/DAS model. Par 2. The demand side of he model he dynamic aggregae demand (DAD) Inflaion and dynamics in he shor run So far,

More information

7 pages 1. Hull and White Generalized model. Ismail Laachir. March 1, Model Presentation 1

7 pages 1. Hull and White Generalized model. Ismail Laachir. March 1, Model Presentation 1 7 pages 1 Hull and Whie Generalized model Ismail Laachir March 1, 212 Conens 1 Model Presenaion 1 2 Calibraion of he model 3 2.1 Fiing he iniial yield curve................... 3 2.2 Fiing he caple implied

More information

Empirical analysis on China money multiplier

Empirical analysis on China money multiplier Aug. 2009, Volume 8, No.8 (Serial No.74) Chinese Business Review, ISSN 1537-1506, USA Empirical analysis on China money muliplier SHANG Hua-juan (Financial School, Shanghai Universiy of Finance and Economics,

More information

Constant Acceleration Model

Constant Acceleration Model Honors Physics / Uni 03 / CAPM Nme: Consn Accelerion Model Uni I Consn Velociy Model Uni III Consn Accelerion Model 1 from Modeling Workshop Projec 2006 Skech nd lbel he seup: Rmp nd Cr Inesigions Honors

More information

9.3. Regular Languages

9.3. Regular Languages 9.3. REGULAR LANGUAGES 139 9.3. Regulr Lnguges 9.3.1. Properties of Regulr Lnguges. Recll tht regulr lnguge is the lnguge ssocited to regulr grmmr, i.e., grmmr G = (N, T, P, σ) in which every production

More information

Thespis No. 10. f mz mz nz n k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s. k s o o

Thespis No. 10. f mz mz nz n k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s k s. k s o o Thesis N. 10 a ff allegr mdera f 6 8 mz mz mz mz mz mz mz G =170 Cyrigh 2001 by Clin Jhnsn All Righs Reserved Clin Jhnsn a ff allegr mdera f 6 8 mz n s s z nz n s s z nz n s 6 8 NO N O N O z N O N O z

More information

NOMINAL RIGIDITIES IN A DSGE MODEL: THE PERSISTENCE PUZZLE OCTOBER 14, 2010 EMPIRICAL EFFECTS OF MONETARY SHOCKS. Empirical Motivation

NOMINAL RIGIDITIES IN A DSGE MODEL: THE PERSISTENCE PUZZLE OCTOBER 14, 2010 EMPIRICAL EFFECTS OF MONETARY SHOCKS. Empirical Motivation NOMINAL RIGIDITIES IN A DSGE MODEL: THE PERSISTENCE PUZZLE OCTOBER 4, 200 Empirical Moivaion EMPIRICAL EFFECTS OF MONETARY SHOCKS Hump-shaped responses o moneary shocks (Chrisiano, Eichenbaum, and Evans

More information

Economics 2450A: Public Economics Section 9: Linear Capital Taxation

Economics 2450A: Public Economics Section 9: Linear Capital Taxation Economics 2450A: Public Economics Secion 9: Linear Capial Taxaion Maeo Paradisi November 7, 206 In his secion we inroduce a framework o sudy opimal linear capial axaion. We firs focus on a wo-period model,

More information

Traffic Shaper for Control Data Traffic Industry

Traffic Shaper for Control Data Traffic Industry Traffic Shaper for Conrol Daa Traffic (CDT) @ Indusry 212-7-15 IEEE 82 AVB Meeing San Diego Franz-Josef Göz, Siemens AG Why an ADDITIONAL Shaper for CDT in Bridges? Reasons: Shaper wih less configuraion

More information

1. (S09T3) John must pay Kristen 10,000 at the end of 1 year. He also must pay Ahmad 30,000 at the end of year 2.

1. (S09T3) John must pay Kristen 10,000 at the end of 1 year. He also must pay Ahmad 30,000 at the end of year 2. Chaper 9, Secion 1 1. (S09T3) John mus pay Krisen 10,000 a he end of 1 year. He also mus pay Ahmad 30,000 a he end of year. John wans o exacly mach his liabiliies by purchasing he following wo bonds: a.

More information

Detailed Examples of the Modifications to Accommodate. any Decimal or Fractional Price Grid

Detailed Examples of the Modifications to Accommodate. any Decimal or Fractional Price Grid eailed Examples of he Modificaions o ccommodae any ecimal or Fracional Price Grid The Holden Model on any ecimal or Fracional Price Grid This secion presens he modificaions of he Holden model o accommodae

More information

APRA Research Methodology for Analysis of Superannuation Funds

APRA Research Methodology for Analysis of Superannuation Funds Curren Research Quesions APRA Research Mehodology for Analysis of Superannuaion Funds Wha are he deerminans of he cross-secional variaion in superannuaion reurns? Asse allocaion, manager skill, expenses/axes

More information

ECE 410 Homework 1 -Solutions Spring 2008

ECE 410 Homework 1 -Solutions Spring 2008 ECE 410 Homework 1 -Solution Spring 2008 Prolem 1 For prolem 2-4 elow, ind the voltge required to keep the trnitor on ppling the rule dicued in cl. Aume VDD = 2.2V FET tpe Vt (V) Vg (V) Vi (V) n-tpe 0.5

More information

(a) by substituting u = x + 10 and applying the result on page 869 on the text, (b) integrating by parts with u = ln(x + 10), dv = dx, v = x, and

(a) by substituting u = x + 10 and applying the result on page 869 on the text, (b) integrating by parts with u = ln(x + 10), dv = dx, v = x, and Supplementry Questions for HP Chpter 5. Derive the formul ln( + 0) d = ( + 0) ln( + 0) + C in three wys: () by substituting u = + 0 nd pplying the result on pge 869 on the tet, (b) integrting by prts with

More information

Inventory Investment. Investment Decision and Expected Profit. Lecture 5

Inventory Investment. Investment Decision and Expected Profit. Lecture 5 Invenory Invesmen. Invesmen Decision and Expeced Profi Lecure 5 Invenory Accumulaion 1. Invenory socks 1) Changes in invenory holdings represen an imporan and highly volaile ype of invesmen spending. 2)

More information

1 Manipulation for binary voters

1 Manipulation for binary voters STAT 206A: Soil Choie nd Networks Fll 2010 Mnipultion nd GS Theorem Otoer 21 Leturer: Elhnn Mossel Srie: Kristen Woyh In this leture we over mnipultion y single voter: whether single voter n lie out his

More information

Organize your work as follows (see book): Chapter 3 Engineering Solutions. 3.4 and 3.5 Problem Presentation

Organize your work as follows (see book): Chapter 3 Engineering Solutions. 3.4 and 3.5 Problem Presentation Chaper Engineering Soluions.4 and.5 Problem Presenaion Organize your work as follows (see book): Problem Saemen Theory and Assumpions Soluion Verificaion Tools: Pencil and Paper See Fig.. in Book or use

More information

Math-3 Lesson 2-5 Quadratic Formula

Math-3 Lesson 2-5 Quadratic Formula Mth- Lesson - Qudrti Formul Quiz 1. Complete the squre for: 10. Convert this perfet squre trinomil into the squre of inomil: 6 9. Solve ompleting the squre: 0 8 Your turn: Solve ftoring. 1.. 6 7 How would

More information

The macroeconomic effects of fiscal policy in Greece

The macroeconomic effects of fiscal policy in Greece The macroeconomic effecs of fiscal policy in Greece Dimiris Papageorgiou Economic Research Deparmen, Bank of Greece Naional and Kapodisrian Universiy of Ahens May 22, 23 Email: dpapag@aueb.gr, and DPapageorgiou@bankofgreece.gr.

More information

Market and Information Economics

Market and Information Economics Marke and Informaion Economics Preliminary Examinaion Deparmen of Agriculural Economics Texas A&M Universiy May 2015 Insrucions: This examinaion consiss of six quesions. You mus answer he firs quesion

More information

FINAL EXAM EC26102: MONEY, BANKING AND FINANCIAL MARKETS MAY 11, 2004

FINAL EXAM EC26102: MONEY, BANKING AND FINANCIAL MARKETS MAY 11, 2004 FINAL EXAM EC26102: MONEY, BANKING AND FINANCIAL MARKETS MAY 11, 2004 This exam has 50 quesions on 14 pages. Before you begin, please check o make sure ha your copy has all 50 quesions and all 14 pages.

More information

Chapter 20 Optimal Fiscal and Monetary Policy

Chapter 20 Optimal Fiscal and Monetary Policy Chaper 20 Opimal Fiscal and Moneary Policy We now proceed o sudy joinly opimal moneary and fiscal policy. The moivaion ehind his opic sems direcly from oservaions regarding he consolidaed governmen udge

More information

Alexander L. Baranovski, Carsten von Lieres and André Wilch 18. May 2009/Eurobanking 2009

Alexander L. Baranovski, Carsten von Lieres and André Wilch 18. May 2009/Eurobanking 2009 lexander L. Baranovski, Carsen von Lieres and ndré Wilch 8. May 2009/ Defaul inensiy model Pricing equaion for CDS conracs Defaul inensiy as soluion of a Volerra equaion of 2nd kind Comparison o common

More information

TIG067SS. IGBT 400V, 150A, VCE(sat);3.8V Single N-Channel. Features. Applications. Specifications. TIG 067 LOT No.

TIG067SS. IGBT 400V, 150A, VCE(sat);3.8V Single N-Channel. Features. Applications. Specifications. TIG 067 LOT No. TIGSS IGBT V, A, VCE(sa);.V Single N-Channel Feaures Low-sauraion Volage Enhancemen Type High Speed Swiching.V Drive Buil-in Gae-o-Emier Proecion Diode Pb-Free, Halogen Free and RoHS Compliance Applicaions

More information

THE FINAL PROOF SUPPORTING THE TURNOVER FORMULA.

THE FINAL PROOF SUPPORTING THE TURNOVER FORMULA. THE FINAL PROOF SUPPORTING THE TURNOVER FORMULA. I would like to thnk Aris for his mthemticl contriutions nd his swet which hs enled deeper understnding of the turnover formul to emerge. His contriution

More information

Output: The Demand for Goods and Services

Output: The Demand for Goods and Services IN CHAPTER 15 how o incorporae dynamics ino he AD-AS model we previously sudied how o use he dynamic AD-AS model o illusrae long-run economic growh how o use he dynamic AD-AS model o race ou he effecs

More information

164 CHAPTER 2. VECTOR FUNCTIONS

164 CHAPTER 2. VECTOR FUNCTIONS 164 CHAPTER. VECTOR FUNCTIONS.4 Curvture.4.1 Definitions nd Exmples The notion of curvture mesures how shrply curve bends. We would expect the curvture to be 0 for stright line, to be very smll for curves

More information

Appendix B: DETAILS ABOUT THE SIMULATION MODEL. contained in lookup tables that are all calculated on an auxiliary spreadsheet.

Appendix B: DETAILS ABOUT THE SIMULATION MODEL. contained in lookup tables that are all calculated on an auxiliary spreadsheet. Appendix B: DETAILS ABOUT THE SIMULATION MODEL The simulaion model is carried ou on one spreadshee and has five modules, four of which are conained in lookup ables ha are all calculaed on an auxiliary

More information

JOURNAL THE ERGODIC TM CANDLESTICK OSCILLATOR ROBERT KRAUSZ'S. Volume 1, Issue 7

JOURNAL THE ERGODIC TM CANDLESTICK OSCILLATOR ROBERT KRAUSZ'S. Volume 1, Issue 7 ROBERT KRUSZ'S JOURNL Volume 1, Issue 7 THE ERGODIC TM CNDLESTICK OSCILLTOR S ometimes we re lucky (due to our diligence) nd we find tool tht is useful nd does the jo etter thn previous tools, or nswers

More information

Forecasting Sales: Models, Managers (Experts) and their Interactions

Forecasting Sales: Models, Managers (Experts) and their Interactions Forecasing Sales: Models, Managers (Expers) and heir Ineracions Philip Hans Franses Erasmus School of Economics franses@ese.eur.nl ISF 203, Seoul Ouline Key issues Durable producs SKU sales Opimal behavior

More information

A Vector Autoregression Framework for the Modeling of Commodity Spreads

A Vector Autoregression Framework for the Modeling of Commodity Spreads A Vecor Auoregression Framework for he Modeling of Commodiy Sreads Ted Kury The Energy Auhoriy ICDSA 007 June, 007 Rule # of Pricing Models Pricing models can offer valuable insigh ino he behavior of simle

More information

1. Suppose that f is an exponential function with decay factor and that f 0

1. Suppose that f is an exponential function with decay factor and that f 0 Mh 1311 Homework 7 (Secion 4.1 - Secion 4.2) Record your nswers o ll he problems in he EMCF iled Homework 7. 1. Suppose h f is n exponenil funcion wih decy fcor 0.099 nd h f 0 100. Find formul for f x.

More information

Solve each equation Solve each equation. lne 38. Solve each equation.

Solve each equation Solve each equation. lne 38. Solve each equation. WS- Eponen/Log Review Day This should be done WITHOUT using your calculaor. Solve each equaion.. Simplify... n y y9. 7 7. Change each equaion o logarihmic form. 7.. 9.. 0. 9 Change each equaion o eponenial

More information

A ppendix to. I soquants. Producing at Least Cost. Chapter

A ppendix to. I soquants. Producing at Least Cost. Chapter A ppendix to Chpter 0 Producing t est Cost This ppendix descries set of useful tools for studying firm s long-run production nd costs. The tools re isoqunts nd isocost lines. I soqunts FIGURE A0. SHOWS

More information

(1 + Nominal Yield) = (1 + Real Yield) (1 + Expected Inflation Rate) (1 + Inflation Risk Premium)

(1 + Nominal Yield) = (1 + Real Yield) (1 + Expected Inflation Rate) (1 + Inflation Risk Premium) 5. Inflaion-linked bonds Inflaion is an economic erm ha describes he general rise in prices of goods and services. As prices rise, a uni of money can buy less goods and services. Hence, inflaion is an

More information

An Incentive-Based, Multi-Period Decision Model for Hierarchical Systems

An Incentive-Based, Multi-Period Decision Model for Hierarchical Systems Wernz C. and Deshmukh A. An Incenive-Based Muli-Period Decision Model for Hierarchical Sysems Proceedings of he 3 rd Inernaional Conference on Global Inerdependence and Decision Sciences (ICGIDS) pp. 84-88

More information

Economics 602 Macroeconomic Theory and Policy Problem Set 9 Professor Sanjay Chugh Spring 2012

Economics 602 Macroeconomic Theory and Policy Problem Set 9 Professor Sanjay Chugh Spring 2012 Deparmen of Applied Economics Johns Hopkins Universiy Economics 602 Macroeconomic Theory and Policy Prolem Se 9 Professor Sanjay Chugh Spring 2012 1. Sock, Bonds, Bills, and he Financial Acceleraor. In

More information

3/1/2016. Intermediate Microeconomics W3211. Lecture 7: The Endowment Economy. Today s Aims. The Story So Far. An Endowment Economy.

3/1/2016. Intermediate Microeconomics W3211. Lecture 7: The Endowment Economy. Today s Aims. The Story So Far. An Endowment Economy. 1 Intermedite Microeconomics W3211 Lecture 7: The Endowment Economy Introduction Columbi University, Spring 2016 Mrk Den: mrk.den@columbi.edu 2 The Story So Fr. 3 Tody s Aims 4 Remember: the course hd

More information

Introduction. Enterprises and background. chapter

Introduction. Enterprises and background. chapter NACE: High-Growh Inroducion Enerprises and background 18 chaper High-Growh Enerprises 8 8.1 Definiion A variey of approaches can be considered as providing he basis for defining high-growh enerprises.

More information

You should turn in (at least) FOUR bluebooks, one (or more, if needed) bluebook(s) for each question.

You should turn in (at least) FOUR bluebooks, one (or more, if needed) bluebook(s) for each question. UCLA Deparmen of Economics Spring 05 PhD. Qualifying Exam in Macroeconomic Theory Insrucions: This exam consiss of hree pars, and each par is worh 0 poins. Pars and have one quesion each, and Par 3 has

More information

Forecasting with Judgment

Forecasting with Judgment Forecasing wih Judgmen Simone Manganelli DG-Research European Cenral Bank Frankfur am Main, German) Disclaimer: he views expressed in his paper are our own and do no necessaril reflec he views of he ECB

More information

2. Quantity and price measures in macroeconomic statistics 2.1. Long-run deflation? As typical price indexes, Figure 2-1 depicts the GDP deflator,

2. Quantity and price measures in macroeconomic statistics 2.1. Long-run deflation? As typical price indexes, Figure 2-1 depicts the GDP deflator, 1 2. Quaniy and price measures in macroeconomic saisics 2.1. Long-run deflaion? As ypical price indexes, Figure 2-1 depics he GD deflaor, he Consumer rice ndex (C), and he Corporae Goods rice ndex (CG)

More information

AN ENTERPRISE FINANCIAL STATE ESTIMATION BASED ON DATA MINING

AN ENTERPRISE FINANCIAL STATE ESTIMATION BASED ON DATA MINING AN ENTERPRISE FINANCIAL STATE ESTIMATION BASED ON DATA MINING Mikhail D. Godlevsky, Sergey V. Orekhov Naional Technical Universiy Kharkov Polyechnic Insiue Frunze sr. 2 Ukraine-6002 Kharkov god_asu@kpi.kharkov.ua,

More information

CHAPTER CHAPTER26. Fiscal Policy: A Summing Up. Prepared by: Fernando Quijano and Yvonn Quijano

CHAPTER CHAPTER26. Fiscal Policy: A Summing Up. Prepared by: Fernando Quijano and Yvonn Quijano Fiscal Policy: A Summing Up Prepared by: Fernando Quijano and vonn Quijano CHAPTER CHAPTER26 2006 Prenice Hall usiness Publishing Macroeconomics, 4/e Olivier lanchard Chaper 26: Fiscal Policy: A Summing

More information

The relation between U.S. money growth and inflation: evidence from a band pass filter. Abstract

The relation between U.S. money growth and inflation: evidence from a band pass filter. Abstract The relaion beween U.S. money growh and inflaion: evidence from a band pass filer Gary Shelley Dep. of Economics Finance; Eas Tennessee Sae Universiy Frederick Wallace Dep. of Managemen Markeing; Prairie

More information

Forecast Response Variable

Forecast Response Variable Foreca Repone Variable When he value in a repone column are ordered equeniall over ime, i i ofen of inere o foreca heir behavior beond he end of he daa. Thi procedure fi a parameric ARIMA ime erie model

More information

Process of convergence dr Joanna Wolszczak-Derlacz. Lecture 4 and 5 Solow growth model (a)

Process of convergence dr Joanna Wolszczak-Derlacz. Lecture 4 and 5 Solow growth model (a) Process of convergence dr Joanna Wolszczak-Derlacz ecure 4 and 5 Solow growh model a Solow growh model Rober Solow "A Conribuion o he Theory of Economic Growh." Quarerly Journal of Economics 70 February

More information

Synthetic CDO s and Basket Default Swaps in a Fixed Income Credit Portfolio

Synthetic CDO s and Basket Default Swaps in a Fixed Income Credit Portfolio Synheic CDO s and Baske Defaul Swaps in a Fixed Income Credi Porfolio Louis Sco June 2005 Credi Derivaive Producs CDO Noes Cash & Synheic CDO s, various ranches Invesmen Grade Corporae names, High Yield

More information

ECON Lecture 5 (OB), Sept. 21, 2010

ECON Lecture 5 (OB), Sept. 21, 2010 1 ECON4925 2010 Lecure 5 (OB), Sep. 21, 2010 axaion of exhausible resources Perman e al. (2003), Ch. 15.7. INODUCION he axaion of nonrenewable resources in general and of oil in paricular has generaed

More information

May 2007 Exam MFE Solutions 1. Answer = (B)

May 2007 Exam MFE Solutions 1. Answer = (B) May 007 Exam MFE Soluions. Answer = (B) Le D = he quarerly dividend. Using formula (9.), pu-call pariy adjused for deerminisic dividends, we have 0.0 0.05 0.03 4.50 =.45 + 5.00 D e D e 50 e = 54.45 D (

More information

A Hybrid Data Filtering Statistical Modeling Framework for Near-Term Forecasting

A Hybrid Data Filtering Statistical Modeling Framework for Near-Term Forecasting A Hybrid Daa Filering Saisical Modeling Framework for Near-Term Forecasing Frank A. Monfore, Ph.D. Iron s Forecasing Brown Bag Seminar January 5, 2008 Please Remember In order o help his session run smoohly,

More information

Short-term Forecasting of Reimbursement for Dalarna University

Short-term Forecasting of Reimbursement for Dalarna University Shor-erm Forecasing of Reimbursemen for Dalarna Universiy One year maser hesis in saisics 2008 Auhors: Jianfeng Wang &Xin Wang Supervisor: Kenneh Carling Absrac Swedish universiies are reimbursed by he

More information

An Introduction to PAM Based Project Appraisal

An Introduction to PAM Based Project Appraisal Slide 1 An Inroducion o PAM Based Projec Appraisal Sco Pearson Sanford Universiy Sco Pearson is Professor of Agriculural Economics a he Food Research Insiue, Sanford Universiy. He has paricipaed in projecs

More information

Stylized fact: high cyclical correlation of monetary aggregates and output

Stylized fact: high cyclical correlation of monetary aggregates and output SIMPLE DSGE MODELS OF MONEY PART II SEPTEMBER 27, 2011 Inroducion BUSINESS CYCLE IMPLICATIONS OF MONEY Sylized fac: high cyclical correlaion of moneary aggregaes and oupu Convenional Keynesian view: nominal

More information

Core issue: there are limits or restrictions that each policy-setting authority places on the actions of the other

Core issue: there are limits or restrictions that each policy-setting authority places on the actions of the other FISCAL AND MONETARY INTERACTIONS: PRESENT-VALUE ANALYSIS NOVEMBER 20, 2014 Inroducion CONSOLIDATED GOVERNMENT BUDGET Core issue: here are limis or resricions ha each policy-seing auhoriy places on he acions

More information

Microeconomic Sources of Real Exchange Rate Variability

Microeconomic Sources of Real Exchange Rate Variability Microeconomic Sources of Real Exchange Rae Variabiliy By Mario J. Crucini and Chris Telmer Discussed by Moren O. Ravn THE PAPER Crucini and Telmer find ha (a) The cross-secional variance of LOP level violaions

More information

Mathematical methods for finance (preparatory course) Simple numerical examples on bond basics

Mathematical methods for finance (preparatory course) Simple numerical examples on bond basics Mahemaical mehods for finance (preparaory course) Simple numerical examples on bond basics . Yield o mauriy for a zero coupon bond = 99.45 = 92 days (=0.252 yrs) Face value = 00 r 365 00 00 92 99.45 2.22%

More information

Elton, Gruber, Brown, and Goetzmann. Modern Portfolio Theory and Investment Analysis, 7th Edition. Solutions to Text Problems: Chapter 21

Elton, Gruber, Brown, and Goetzmann. Modern Portfolio Theory and Investment Analysis, 7th Edition. Solutions to Text Problems: Chapter 21 Elon, Gruber, Brown, and Goezmann oluions o Tex Problems: Chaper Chaper : Problem We can use he cash lows bonds A and B o replicae he cash lows o bond C. Le YA be he racion o bond A purchased and YB be

More information

Final Exam Answers Exchange Rate Economics

Final Exam Answers Exchange Rate Economics Kiel Insiu für Welwirhschaf Advanced Sudies in Inernaional Economic Policy Research Spring 2005 Menzie D. Chinn Final Exam Answers Exchange Rae Economics This exam is 1 ½ hours long. Answer all quesions.

More information

Data-Driven Demand Learning and Dynamic Pricing Strategies in Competitive Markets

Data-Driven Demand Learning and Dynamic Pricing Strategies in Competitive Markets Daa-Driven Demand Learning and Dynamic Pricing Sraegies in Compeiive Markes Pricing Sraegies & Dynamic Programming Rainer Schlosser, Marin Boissier, Mahias Uflacker Hasso Planer Insiue (EPIC) April 30,

More information

Chapter 3. Time Value of Money

Chapter 3. Time Value of Money Chaper 3 Time Value of Money A bird in he hand is worh wo in he bush A folklore saying Learning Oucomes Upon compleion of his chaper, you will be able: 1. To evaluae he significance of he ime value of

More information