title: A new framework for yield curve, output and inflation relationships

authors: Krippner, Leo

subjects: yield curve

abstract: This article develops a theoretically-consistent and easy-to-apply framework for interpreting, investigating, and monitoring the relationships between the yield curve, output, and inflation. The framework predicts that steady-state inflation plus steady-state output growth should be cointegrated with the long-maturity level of the yield curve as estimated by a arbitrage-free version of the Nelson and Siegel (1987) model, while the shape of the yield curve model from that model should correspond to the profile (that is, the timing and magnitude) of expected future inflation and output growth. These predicted relationships are confirmed empirically using 51 years of United States data. The framework may be used for monitoring expectations of inflation and output growth implied by the yield curve. It should also provide a basis for using the yield curve to value and hedge derivatives on macroeconomic data.

text: A new framework for yield curve, output and inflation relationships This article develops a theoretically-consistent and easy-to-apply framework for interpreting, investigating, and monitoring the relationships between the yield curve, output, and inflation. The framework predicts that steady-state inflation plus steady-state output growth should be cointegrated with the long-maturity level of the yield curve as estimated by a arbitrage-free version of the Nelson and Siegel (1987) model, while the shape of the yield curve model from that model should correspond to the profile (that is, the timing and magnitude) of expected future inflation and output growth. These predicted relationships are confirmed empirically using 51 years of United States data. The framework may be used for monitoring expectations of inflation and output growth implied by the yield curve. It should also provide a basis for using the yield curve to value and hedge derivatives on macroeconomic data.

year: 2005-12

title: Spraying as a solution

authors: Hofstra, Deborah

abstract: When invasive aquatic weeds establish in a lake, they usually result in detrimental effects on native biodiversity, amenity and utility values. Once a weed species or weed issue has been recognised control options are often sought to protect amenity and utility functions of aquatic systems. There is also a growing desire to control invasive plants to support the restoration of lakes, improving biodiversity and habitat values. The tools or methods that can be utilised for the control of invasive aquatic plants can be broadly described by the following categories; habitat manipulation; biological, chemical, mechanical and manual, and integrated weed control. The selection of which tool to use is primarily determined by the target weed, characteristics of the lake or waterbody and the management goals or desired outcome. Herbicides can be used to provide effective, selective and targeted weed control. This paper describes the products available, how they work and the environmental benefits that can be achieved with their use.

text: Spraying as a solution When invasive aquatic weeds establish in a lake, they usually result in detrimental effects on native biodiversity, amenity and utility values. Once a weed species or weed issue has been recognised control options are often sought to protect amenity and utility functions of aquatic systems. There is also a growing desire to control invasive plants to support the restoration of lakes, improving biodiversity and habitat values. The tools or methods that can be utilised for the control of invasive aquatic plants can be broadly described by the following categories; habitat manipulation; biological, chemical, mechanical and manual, and integrated weed control. The selection of which tool to use is primarily determined by the target weed, characteristics of the lake or waterbody and the management goals or desired outcome. Herbicides can be used to provide effective, selective and targeted weed control. This paper describes the products available, how they work and the environmental benefits that can be achieved with their use.

year: 2015

title: E hoki mai nei ki te ūkaipō | Return to your place of nourishment [Te Kōputu a te Whanga a Toi | Whakatāne Art Gallery]

authors: Apiata, Hāwea

subjects: toi Māori

abstract: E Hoki Mai Nei ki te Ūkaipō | Return to Your Place of Nourishment brings together works by four wāhine Māori artists, Aimee Ratana, Aisha Roberts, Hollie Tawhiao and Maraea Timutimu, which explore narratives of pakanga
(conflict) through toi (art). In this show, the four artists weave together their unique practices and stories to present a cohesive yet diverse examination of conflicts, with a particular focus on the artists’ own whānau, hapū, and iwi narratives.
Curated by Hāwea Apiata.

text: E hoki mai nei ki te ūkaipō | Return to your place of nourishment [Te Kōputu a te Whanga a Toi | Whakatāne Art Gallery] E Hoki Mai Nei ki te Ūkaipō | Return to Your Place of Nourishment brings together works by four wāhine Māori artists, Aimee Ratana, Aisha Roberts, Hollie Tawhiao and Maraea Timutimu, which explore narratives of pakanga
(conflict) through toi (art). In this show, the four artists weave together their unique practices and stories to present a cohesive yet diverse examination of conflicts, with a particular focus on the artists’ own whānau, hapū, and iwi narratives.
Curated by Hāwea Apiata.

year: 2025-04-17