The dynamics and estimation of short-run money demand

Demand for money

The shift in money demand: what really happened?

Demand for money

The wayward money supply: a post-mortem of 1982

Money supply

Evidence on the temporal stability of the demand for money relationship in the United States

Demand for money

Monetary policy and short-term real rates of interest

Monetary policy ; Interest rates

Forecasting the money multiplier: implications for money stock control and economic activity

Forecasting ; Money supply

Patent Institutions: Shifting Interactions Between Legal Actors

This contribution to the Research Handbook on Economics of Intellectual Property Rights (Vol. 1 Theory) addresses interactions between the principal legal institutions of the U.S. patent system. It considers legal, strategic, and normative perspectives on these interactions as they have evolved over the last 35 years. Early centralization of power by the U.S. Court of Appeals for the Federal Circuit, newly created in 1982, established a regime dominated by the appellate court\u27s bright-line rules. More recently, aggressive Supreme Court and Congressional intervention have respectively reinvigorated patent law standards and led to significant devolution of power to inferior tribunals, including newly created tribunals like the USPTO\u27s Patent Trial and Appeals Board. This new era in institutional interaction creates a host of fresh empirical and normative research questions for scholars. The contribution concludes by outlining a research agenda

Analysis of a continuous-variable quadripartite cluster state from a single optical parametric oscillator

We examine the feasibility of generating continuous-variable multipartite entanglement in an intra-cavity quadruply concurrent downconversion scheme that has been proposed for the generation of cluster states by Menicucci \textit{et al.} [Physical Review Letters \textbf{101}, 130501 (2008)]. By calculating optimized versions of the van Loock-Furusawa correlations we demonstrate genuine quadripartite entanglement and investigate the degree of entanglement present. Above the oscillation threshold the basic cluster state geometry under consideration suffers from phase diffusion. We alleviate this problem by incorporating a small injected signal into our analysis. Finally, we investigate squeezed joint operators. While the squeezed joint operators approach zero in the undepleted regime, we find that this is not the case when we consider the full interaction Hamiltonian and the presence of a cavity. In fact, we find that the decay of these operators is minimal in a cavity, and even depletion alone inhibits cluster state formation.Comment: 26 pages, 12 figure