Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Developing the theory up to the current state-of-the art, this book studies the minimal model of the Largest Suslin Axiom (LSA), which is one of the most important determinacy axioms and features prominently in Hugh Woodin's foundational framework known as the Ultimate L. The authors establish the consistency of LSA relative to large cardinals and develop methods for building models of LSA from other foundational frameworks such as Forcing Axioms. The book significantly advances the Core Model Induction method, which is the most successful method for building canonical inner models from various hypotheses. Also featured is a proof of the Mouse Set Conjecture in the minimal model of the LSA. It will be indispensable for graduate students as well as researchers in mathematics and philosophy of mathematics who are interested in set theory and in particular, in descriptive inner model theory.

Axiomatic set theory.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper is the first attempt to look at inflation dynamics and monetary transmission mechanisms in Armenia in the context of a full information model containing three interrelated markets: foreign exchange, money, and labor. Using the vector error correction model (VECM) approach, we find that the exchange rate pass-through to prices is very strong relative to credit, wage, and interest rate channels. The analysis suggests a relatively fast adjustment of prices to long-run disequilibria in the exchange rate market, albeit with initial overshooting of the price level. In addition, we find no evidence of prices responding to changes in money and wages in a statistically significant manner.

Foreign exchange rates --- Inflation (Finance) --- Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Finance --- Natural rate of unemployment --- Exchange rates --- Fixed exchange rates --- Flexible exchange rates --- Floating exchange rates --- Fluctuating exchange rates --- Foreign exchange --- Rates of exchange --- Econometric models. --- Rates --- Finance: General --- Foreign Exchange --- Labor --- Money and Monetary Policy --- International Financial Markets --- Wages, Compensation, and Labor Costs: General --- Demand for Money --- Currency --- Labour --- income economics --- Monetary economics --- Currency markets --- Wages --- Demand for money --- Real exchange rates --- Financial markets --- Money --- Foreign exchange market --- Armenia, Republic of