Inflation, Deflation and Normal Price Adjustment

This paper thinks that the price of a commodity depends on both the value of the commodity and that of the currency. The change in either value will cause the change of the price of the commodity. Only the price rising caused by the decreasing of the currency value can be called inflation, and the price rising led by the increasing of the value of the merchandise can not be called inflation. Therefore, it is not proper, as defined by the modem economics, to think that any price increasing should be in general called inflation.

U.S.,not China, is culprit of global deflation, inflation

This paper is an outcome of comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission of inflation, the United States, as the world's largest economy, plays a dominant role. In contrast, during both deflation and inflation periods, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global deflation or inflation. This research has made use of DAG and some other techniques to yield reliable and reasonable conclusions.

A Computational Framework for Parachute Inflation Based on Immersed Boundary/Finite Element Approach

A computational framework for parachute inflation is developed based on the immersed boundary/finite element approach within the open-source IBAMR library.The fluid motion is solved by Peskin's diffuse-interface immersed boundary(IB)method,which is attractive for simulating moving-boundary flows with large deformations.The adaptive mesh refinement technique is employed to reduce the computational cost while retain the desired resolution.The dynamic response of the parachute is solved with the finite element approach.The canopy and cables of the parachute system are modeled with the hyperelastic material.A tether force is introduced to impose rigidity constraints for the parachute system.The accuracy and reliability of the present framework is validated by simulating inflation of a constrained square plate.Application of the present framework on several canonical cases further demonstrates its versatility for simulation of parachute inflation.

A Study on Inflation Theories and Turkey’s Inflation Problem

In the Turkish Economy,with the policies of opening up to the outside world and transition to a free market economy in the 1980s,there have been radical changes in the structure of the economy and the prices of all goods and services have begun to be determined by the market under market conditions.In the 1980s,which can be called the transition process to a free market economy and open economy,on the one hand,efforts were made to privatize state institutions in order to withdraw the state from economic life and to ensure that the prices of goods and services were determined under free market conditions,while on the other hand,efforts were made to grant freedom to foreign trade.While these two main issues were being realized,the import substitution industrialization strategy was abandoned and an export-based growth model was started to be implemented.The last step of this opening up and liberalization process was realized with the decision numbered 32 in 1989.With the liberalization of capital movements in the 1990s,we can say that economic growth and development was attempted to be achieved through hot money inflows rather than direct foreign investments.This orientation made the economy more vulnerable to crises,and for the first time,a crisis occurred in the form of the 1994 economic crisis,which was understood to be caused by hot money.The 1994 economic crisis was attempted to be overcome by providing state guarantees for bank deposits and applying high interest rates.Thus,it is noteworthy that high inflation was experienced in the period leading up to the 2001 economic crisis.Indeed,while the increase in the wholesale price index rarely remained below 30%on an annual basis between 1980 and 1990,increases of 50%and 60%began to be seen.However,the period between 1990 and 2000 was a period in which higher inflation rates were encountered.As a result of the environment created in the 1990s,we can say that the financial crisis experienced in 2001 deepened into an economic crisis and that this crisis had economic and political effects.Although there have been many economic crises in the history of the Republic,this crisis is considered to be the most deeply effective.While the crisis was overcome with the stand-by agreement made by the IMF and the announced Transition to a Strong Economy program,the economy began to grow rapidly with the ease of use of foreign resources,and the existence of political stability seems to have ensured that this economic growth process continued uninterruptedly except for 2009.A decrease was also experienced in inflation rates.After 2015,inflation rates began to rise again,and although negative economic growth rates were experienced between the 3rd quarter of 2018 and the 3rd quarter of 2019 during the exchange rate shock period in 2018,we can say that this was not effective enough to turn annual average growth rates into negatives.The exchange rate shock experienced in November 2021 both caused changes in economic policies and the adoption of new policies,and seems to have led to an economic crisis wave caused by the large increase in inflation rates.Within this framework,a post-Keynesian policy of combating inflation has been implemented,and with the new economic policies announced in June 2023,the Central Bank has gradually increased policy interest rates and started to implement tight monetary policy in cooperation with the Ministry of Treasury and Finance,and we can say that a new phase has been entered in the post-Keynesian policy of combating inflation.However,in our opinion,it is necessary to determine well where inflation originates from and what ensures its continuation.In this context,Turkey’s inflation problem will be analyzed by utilizing the views of post-Keynesians on inflation and the profit-push inflation approach.

A simple analytical method for deflation prediction of inflatable structures

The static performance of inflatable structures has been well studied and the dynamic deployment simulation has received much attention. However, very few studies focus on its deflation behavior. Although there are several dynamic finite element algorithms that can be applied to the deflation simulation, their computation costs are expensive, especially for large scale structures. In this work, a simple method based on classic thermodynamics and the analytical relationship between air and membrane was proposed to efficiently analyze the air state variables under the condition of ventilation. Combined with failure analysis of static bearing capacity, a fast incremental analytical method was presented to predict both elastic and post wrinkling deflation process of inflatable structures. Comparisons between simplified analysis, dynamic finite element simulation, and a full-scale experimental test are presented and the suitability of this simple method for solving the air state and predicting the deflation behavior of inflatable structures is proved.

Signs of Aneurysm Formation Learned from Rubber Balloon Inflation

Aneurysms can be classified into two main types based on their shape: saccular (spherical) and fusiform (cylindrical). In order to clarify the formation of aneurysms, we analyzed and examined the relationship between external force (internal pressure) and deformation (diameter change) of a spherical model using the Neo-Hookean model, which can be used for hyperelastic materials and is similar to Hooke’s law to predict the nonlinear stress-strain behavior of materials with large deformation. For a cylindrical model, we conducted an experiment using a rubber balloon. In the spherical model, the magnitude of the internal pressure Δp value is proportional to G (modulus of rigidity) and t (thickness), and inversely proportional to R (radius of the sphere). In addition, the maximum pressure Δp (max) is reached when λ (=expanded diameter/original diameter) is approximately 1.2, and the change in diameter becomes unstable (nonlinear change) thereafter. In the cylindrical model, localized expansion occurred at λ = 1.32 (λ = 1.98 when compared to the diameter at internal pressure Δp = 0) compared to the nearby uniform diameter, followed by a sudden rapid expansion (unstable expansion jump), forming a distinct bulge, and the radial and longitudinal deformations increased with increasing Δp, leading to the rupture of the balloon. Both models have a starting point where nonlinear deformation changes (rapid expansion) occur, so quantitative observation of the artery’s shape and size is important to prevent aneurysm formation.

基于Deflation技术的预调制Restarted GMRES算法

电学层析成像的图像重建需要对逆问题进行求解,而求解过程中存在着非线性、欠定性以及病态性严重等难题,使得图像重建可能不收敛,或者致使收敛,但获得的图像分辨率较低。针对现有的一些图像重建算法,提出基于Deflation技术的预调制Restarted GMRES算法,在原有full GMRES算法基础上,提高了收敛速度以及图像成像分辨率,并通过仿真实验证明。

经济学中Inflation词义的变化及其翻译

在相关的经济学文献中,英文单词"inflation"常常被翻译为"通货膨胀"一词。虽然有一定的合理性,但是,实际上也是不准确的;当前,"inflation"一词已经发生了词义转移,摆脱了与货币发行量的关系,再将其翻译为"通货膨胀",就会影响经济理论的研究。文章将说明经济学中英文单词"inflation"词义的变化与当前合适的译法。

OPTIMAL CONTROL OF MARKOVIAN SWITCHING SYSTEMS WITH APPLICATIONS TO PORTFOLIO DECISIONS UNDER INFLATION

This article is concerned with a class of control systems with Markovian switching, in which an It5 formula for Markov-modulated processes is derived. Moreover, an optimal control law satisfying the generalized Hamilton-Jacobi-Bellman （HJB） equation with Markovian switching is characterized. Then, through the generalized HJB equation, we study an optimal consumption and portfolio problem with the financial markets of Markovian switching and inflation. Thus, we deduce the optimal policies and show that a modified Mutual Fund Theorem consisting of three funds holds. Finally, for the CRRA utility function, we explicitly give the optimal consumption and portfolio policies. Numerical examples are included to illustrate the obtained results.

A New Congestion-Driven Placement Algorithm Based on Cell Inflation

A new congestion driven placement Algorithm is described based on the cell inflation. In this approach, the methods of probability estimation and star model are used to evaluate the routing of nets. Global placement can be done by using the algorithm of global optimization and slicing partitioning. The denotation of virtual area of cell is given to indicate not only the area of cell but also the routing demand.The virtual area of a cell is got by using the strategy of cell inflation, with which in the slicing partitioning, the routing congestion is eliminated. Further reduction in congestion is achieved by cell moving. The algorithm has been tested on a set of sample circuits from American companies, with great improvement in routablity having been obtained.

Variance Inflation Factor: As a Condition for the Inclusion of Suppressor Variable(s) in Regression Analysis

Suppression effect in multiple regression analysis may be more common in research than what is currently recognized. We have reviewed several literatures of interest which treats the concept and types of suppressor variables. Also, we have highlighted systematic ways to identify suppression effect in multiple regressions using statistics such as: R2, sum of squares, regression weight and comparing zero-order correlations with Variance Inflation Factor (VIF) respectively. We also establish that suppression effect is a function of multicollinearity;however, a suppressor variable should only be allowed in a regression analysis if its VIF is less than five (5).

Tracking multiple targets in MIMO radar via adaptive asymmetric joint diagonalization with deflation

In view of the low performance of adaptive asymmetric joint diagonalization（AAJD）, especially its failure in tracking high maneuvering targets, an adaptive asymmetric joint diagonalization with deflation（AAJDd） algorithm is proposed. The AAJDd algorithm improves performance by estimating the direction of departure（DOD） and direction of arrival（DOA） directly, avoiding the reuse of the previous moment information in the AAJD algorithm.On this basis, the idea of sequential estimation of the principal component is introduced to turn the matrix operation into a constant operation, reducing the amount of computation and speeding up the convergence. Meanwhile, the eigenvalue is obtained, which can be used to estimate the number of targets. Then, the estimation of signal parameters via rotational invariance technique（ESPRIT） algorithm is improved to realize the automatic matching and association of DOD and DOA. The simulation results show that the AAJDd algorithm has higher tracking performance than the AAJD algorithm, especially when the high maneuvering target is tracked. The efficiency of the proposed method is verified.

Stability analysis of radial inflation of incompressible compositerubber tubes

The inflation mechanism is examined for a composite cylindrical tube composed of two incompressible rubber materials, and the inner surface of the tube is subjected to a suddenly applied radial pressure. The mathematical model of the problem is formulated, and the corresponding governing equation is reduced to a second-order ordinary differential equation by means of the incompressible condition of the material, the boundary conditions, and the continuity conditions of the radial displacement and the radial stress of the cylindrical tube. Moreover, the first integral of the equation is obtained. The qualitative analyses of static inflation and dynamic inflation of the tube are presented. Particularly, the effects of material parameters, structure parameters, and the radial pressure on radial inflation and nonlinearly periodic oscillation of the tube are discussed by combining numerical examples.

Study of velocity effects on parachute inflation performance based on fluid-structure interaction method

The inflation of a five-ring cone parachute with the airflow velocity of 18 m/s is studied based on the simplified arbitrary Lagrange Euler （SALE）/fluid-structure interaction （FSI） method. The numerical results of the canopy shape, stability, opening load, and drag area are obtained, and they are well consistent with the experimental data gained from wind tunnel tests. The method is then used to simulate the opening process under different velocities. It is found that the first load shock affected by the velocity often occurs at the end of the initial inflation stage. For the first time, the phenomena that the inflation distance proportion coefficient increases and the dynamic load coefficient decreases, respectively, with the increase in the velocity are revealed. The above proposed method is competent to solve the large deformation problem without empirial coefficients, and can collect more space-time details of fluid-structure-motion information when it is compared with the traditional method.

Inflationary effects of oil prices and domestic gasoline prices:Markov-switching-VAR analysis

The purpose of this study is to contribute to the literature by studying the effects of sudden changes both on crude oil import price and domestic gasoline price on inflation for Turkey, an emerging country. Since an inflation targeting regime is being carried out by the Central Bank of Turkey, determination of such effects is becoming more important. Therefore empirical evidence in this paper will serve as guidance for those countries, which have an in- flation targeting regime. Analyses have been done in the period of October 2005-December 2012 by Markovswitching vector autoregressive （MS-VAR） models which are successful in capturing the nonlinear properties of variables. Using MS-VAR analysis, it is found that there are 2 regimes in the analysis period. Furthermore, regime changes can be dated and the turning points of economic cycles can be determined. In addition, it is found that the effect of the changes in crude oil and domestic gasoline prices on consumer prices and core inflation is not the same under different regimes. Moreover, the sudden increase in gasoline price is more important for consumer price infla- tion than crude oil price shocks. Another finding is the presence of a pass-through effect from oil price and ga- soline price to core inflation.

Exact Solution in Chaotic Inflation Model with Potential Minima

Taking the cosmological expansion rate directly as a function of field , H = H( ), we present a new exact solution to Einstein's equations that describe the evolution of cosmological chaotic inflation model. The inflation is driven by the evolution of scalar field with inflation potential V( ) = λ 2 v2)2.8 ( 2- 2)2.The spectral indices of the scalar density ns and gravitational wave fluctuations ng are computed. The value of ns lies well inside the limits set by the cosmic background explorer satellite.

Immediate balloon deflation method in endoscopic papillary large balloon dilation for extraction of difficult bile duct stones

Background/Aims: Recently, endoscopic papillary large balloon dilation (EPLBD) using a large balloon (12 - 20 mm) for extraction of difficult common bile duct (CBD) stones has been widely accepted with favorable outcomes. However, there is no consensus with regard to the ballooning time. The aim of our study was to evaluate the efficacy and safety of immediate balloon deflation in EPLBD for the treatment of difficult bile duct stone. Methods: This was a retrospective study of 80 consecutive patients with bile duct stones who were treated with an immediate balloon deflation method in EPLBD combined with endoscopic sphincterotomy (EST) between January 2010 and December 2012. Overall success rate, success rate at first ERCP, and the frequency of mechanical lithotripsy for complete stone removal were assessed for efficacy and safety was evaluated by assessing major complications. Results: Overall success rate for complete stone removal was high (78/80, 97.5%) and success rate for complete stone removal at first ERCP was 86.3% (69/80). The use of mechanical lithotripsy was 0% (0/80). The overall complication rate was favorable (5/80, 6.3%). PostERCP pancreatitis was observed in 3 patients (two: mild, one: moderate). In subgroup analysis, the presence of periampullary diverticulum was the only factor affecting the success rate at first ERCP. Conclusion: This study demonstrated the favorable outcome of immediate balloon deflation for treatment of difficult CBD stones and can be considered for clinical application.

A two-stage inflation method in parameter estimation to compensate for constant parameter evolution in Community Earth System Model

Parameter estimation is defined as the process to adjust or optimize the model parameter using observations.A long-term problem in ensemble-based parameter estimation methods is that the parameters are assumed to be constant during model integration.This assumption will cause underestimation of parameter ensemble spread,such that the parameter ensemble tends to collapse before an optimal solution is found.In this work,a two-stage inflation method is developed for parameter estimation,which can address the collapse of parameter ensemble due to the constant evolution of parameters.In the first stage,adaptive inflation is applied to the augmented states,in which the global scalar parameter is transformed to fields with spatial dependence.In the second stage,extra multiplicative inflation is used to inflate the scalar parameter ensemble to compensate for constant parameter evolution,where the inflation factor is determined according to the spread growth ratio of model states.The observation system simulation experiment with Community Earth System Model(CESM)shows that the second stage of the inflation scheme plays a crucial role in successful parameter estimation.With proper multiplicative inflation factors,the parameter estimation can effectively reduce the parameter biases,providing more accurate analyses.

Credit Risk Model Taking Account of Inflation and Its Contribution to Macroeconomic Discussion on Effect of Inflation on Output Growth

We use Extended Merton model(EMM)for estimating the firm’s credit risks in the presence of inflation.We show quantitatively that inflation is an influential factor making either a benign or adverse effect on the firm’s survival,supporting at the microeconomic level New Keynesian findings of the nonlinear inflation effect on output growth.Lower inflation increasing the firm’s expected rate of return can raise its mean year returns and decrease its default probability.Higher inflation,decreasing the expected rate return,makes the opposite effect.The magnitude of the adverse effect depends on the firm strength:for a steady firm,this effect is small,whereas for a weaker firm,it can be fatal.EMM is the only model taking account of inflation.It can be useful for banks or insurance companies estimating credit risks of commercial borrowers over the debt maturity,and for the firm’s management planning long-term business operations.

Exact Solution in the New Inflation Scenario with Induced Gravity

Taking the Hubble parameter directly as a function of the scalar field instead of as a function of time,H = H( ), we present a new exact solution in the new inflation model with induced gravity. This includes solution which is inflation for < > end, and develops smoothly towards radiation-like evolution for ≥ end. The inflation is driven by the evolution of the field with inflation potential, V( ) = λ 2 v2)2.density, ns, is computed and ns lies well inside the limits set by the cosmic background explorer (COBE) satellite.the dex of the scalar effective cosmological constant Aeff tends to zero when inflation ends.