This paper identifies over 100 inflation shock episodes in 56 countries since the 1970s, including over 60 episodes linked to the 1973-79 oil crises. We document that only in 60 percent of the episodes was inflation brought back down (or "resolved") within 5 years, and that even in these...

Linguistic specificity effectively reduces barriers to information cognition, increasing the efficiency of information acquisition, integration and processing. Combining the psycholinguistics theory of the concreteness effect with asset-pricing theory, we determine that linguistic specificity in...

Purpose This paper aims to propose a dynamic parameter identification method based on sensitivity analysis for the 5-degree of freedom (DOF) hybrid robots, to solve the problems of too many identification parameters, complex model, difficult convergence of optimization algorithms and...

Purpose In customized production such as plate workpiece grinding, because of the diversity of the workpiece shapes and the positional/orientational clamping errors, great efforts are taken to repeatedly calibrate and program the robots. To change this situation, the purpose of this study is to...