Monday, December 30, 2019

Life of Brian as Historical Satire Essay examples

Monty Python’s Life of Brian traces the tragic last year of Brian of Nazareth, a man who shares his exact birthday and town with Jesus Christ, the subject of countless biblical epic films. Comedy distinguishes this biopic, which features a male actor playing the analog of the Virgin Mary, a cured leper begging for alms, and spontaneous song on the crucifix. It is not sufficient, however, to relegate the film to parody, which seems the obvious criticism, simply for taking a comedic outlook. The unique style and construction of many scenes imply that comedy partially motivated the film, but other stimuli clearly contributed to its simple message. Closely analyzing the film’s principal utilization of non-realistic elements and scenes†¦show more content†¦In this case, the viewer expects the Virgin Mary to accept frankincense, gold, and myrrh. The feminized male voice, the hideous face, the slapstick, and questioning if myrrh is â€Å"a dangerous animal† all interrupt anticipated conventions that are informed by Bible scholarship, h istory, and a host of previous artistic works. The canonical information that contributes to the viewer’s expectations is restored when the mother tells the three wise men that her child is called Brian, thus relinquishing the Christ parody that could have been. The realism that permeates the first few shots allows the payoff joke to work. Production designer and group member Terry Gilliam describes the achieved realism in relation to the intended overall style: â€Å"We actually wanted to give it a very rich feel, we didn’t want it to be too lit. You very often find comedy is over-lit, but we wanted it to look like an art film. I don’t see any reason why a comedy shouldn’t be beautiful. I wanted it to look like an epic: to look rich and have depth of color.† The intricate scenes in the film reveal a balance between humor and historical reality that allows it to creatively explore ancient culture without having to rely on other canonical films for a cheap laugh. The movie-going public naturally assumes comedy plus history equals parody, which is usually appropriate considering, for example, Robin Hood: Men in Tights (Mel Brooks, 1993), which barelyShow MoreRelatedAnalysis Of George Orwell s Nineteen Eighty Four 1122 Words   |  5 Pagesto promote assimilation to the way of life that the party believes is right. The media is a constant reminder that he is never alone and is continually being monitored. Being that the text is told from Winston’s point of view, the responder also feels the sense of o ppression that influences Winston’s life The power of the media also exists in Oprah however it highlights the positive nature. It shows how through a small coverage of Berhan’s survival by Brian Stewart, it can lead to much needed supportRead MoreFeminism in Top Girls and The Handmaids Tale Essay1635 Words   |  7 Pagesextreme with claims such as it is every man’s right to rule supreme at home and a woman’s place is in the home. [7] She sets the story in a pseudo-religious totalitarian society. The narrator of the story, Offred is describing in her diary the life of women in the society in the theocratic Republic of Gilead of the future. Top Girls is classified as Theatre of Alienation. Through the unconventional structure of the Brechtian Theatre, Churchill does not want the audience to simply follow theRead MoreElements of Postmodernism in Ishmael Reeds Mumbo Jumbo, Don Delillos White Noise, Toni Morrisons Beloved and Thomas Pynchons the Crying of Lot 496348 Words   |  26 Pages Mumbo Jumbo, Ishmael Reed Mumbo Jumbo is according to the cover Ishmael Reeds â€Å"brilliantly satiric deconstruction of Western civilization, a racy and uproarious commentary on our society. In it, Reed mixes portraits of historical figures and fictional characters with sound bites on subjects ranging from ragtime to Greek philosophy.† It was written in the late 1960s and deals with the current cultural issues of the time. Set in 1920s New York City, the novel takesRead MoreTraffic, Directed by Steven Soderbergh Essay3306 Words   |  14 Pagescomedies, films about heroin are almost always tragedies, focusing on the way in which the drug is both a protest against an inhumane world and the immediate means of the heros self-destruction. While marijuana films revel in satire, heroin films explore the complexities of self and self-destruction. Distinct from both are films about cocaine, which are almost always evocations of and reflections on the American dream itself, that is to say, on politics in theRead MoreLiterary Group in British Poetry5631 Words   |  23 Pagesin England 3.1 Early Renaissance poetry 3.2 The Elizabethans 3.2.1 Elizabethan Song 3.2.2 Courtly poetry 3.2.3 Classicism 3.3 Jacobean and Caroline poetry 3.3.1 The Metaphysical poets 3.3.2 The Cavalier poets 4 The Restoration and 18th century 4.1 Satire 4.2 18th century classicism 4.3 Women poets in the 18th century 4.4 The late 18th century 5 The Romantic movement 6 Victorian poetry 6.1 High Victorian poetry 6.2 Pre-Raphaelites, arts and crafts, Aestheticism, and the Yellow 1890s 6.3 Comic verseRead MoreEssay on Art Criticism and Art History2671 Words   |  11 PagesArt criticism and Art History Case Study: The use of assemblage and the found object in historical and contemporary art practice. The origins of the practice of assemblage can be traced back to its early twentieth century roots based on ideas presented by Dadaists. The Dada movement was a literary and artistic movement during the First World War and further developed as a non-art movement. The main idea of Dada was to not follow a uniform rule of what an artwork entails in order to be valuedRead MoreGeorge Orwells Animal Farm Essay examples2468 Words   |  10 PagesTask 1 Part A: A satire to some, but a slanderous novella to us: George Orwell’s Animal Farm uses a plethora of satirical techniques to mock our glorious authoritarian regimes. Throughout the sequence of events, the animals live under ridiculous commandments, such as not wearing clothing or sleeping on beds. They are each rightfully voided until one modified version remains: â€Å"ALL ANIMALS ARE EQUAL / BUT SOME ANIMALS ARE MORE EQUAL THAN OTHERS† (Orwell, Animal 133). The trimmings of freedom, althoughRead MorePostmodernism and the Simpsons10775 Words   |  44 Pagesto express them. The following section covers the subject of intertextuality in The Simpsons through parody, pastiche and self-reflexivity. This section concludes by identifying parallels between The Simpsons and Jameson’s theory on the loss of historical reality in the postmodern era. In the final section we examine how Baudrillard’s theory of hyperreality can be applied to The Simpsons. Particular attention is given to the role of the mass media in the construction of postmodern hyperreality, inRead MoreEssay on Medea and Nietzsches Will to Power4275 Words   |  18 Pagessuffering (Jenkins). The Dionysian alienates figures from social, political, and familial bonds, destroying those who refuse to succumb to its power (McClure). Nietzsche says that the Dionysian is the: Saying yes to life, even in its most inimical, hardest problems, the will to life delighting even in the offering up of its highest types to its own inexhaustibility†¦Not to be laden through pity and terror, not to be purged by this vehement discharge of a dangerous emotion . . ., but beyond terrorRead MoreExamples of Book Review9130 Words   |  37 Pagesancient spells and rituals that will haunt them for the rest of their lives. _______________ The following is an example of book review brevity, but it says everything the reader wished to convey. 1) Mystery, magic, intrigue, and great attention to historical detail. ~~ Sherrye Boyer Dix, London, England Notice in the above sample of book review writing that the reader pointed out what appealed to her. _______________ An author is allowed to extract excerpts from total information received in a review

Sunday, December 22, 2019

Personal Statement Take A Deep Breath - 876 Words

Personal statement I’m pacing around, in retrospect,â€Å"Take a deep breath. I will be fine,† that how I implied myself in my first exam when I was a freshman in college. That was two years ago, how fast time flies. Thankfully, the college provided me ample opportunities to foster my passion, and the most precious things I learned were about interpersonal skill. In that ensuing years, I won two kinds of scholarships and involved in several extracurricular activities including performed in Global Fest, presented my Honor Program Project, volunteered in UW night market, and be an Economics subject tutor in Tutoring Center. Ultimately, growing up in this environment encouraged me to keep moving forward to achieve my desired academic outcomes and†¦show more content†¦Looking back, my undergraduate Business education in college has given me a great foundation to understand in that field generally and attracted me to find my current goal, to push me on to the next step. This cannot be truer than in Economics, where world evidence is constantly changing every day. With improving on these skills, I have taken charge of developing myself academically and professionally by remaining engaged, exploring all viable options, and remaining committed to my dream to enter a business apartment. Overall, I strive to empower and equip myself with knowledge through each visit with my tutee and the hope that we made together. I commit myself to extensive study and practice to master the skills of their profession. Thinking about my college life so far, I am enthusiastic to help every student with my knowledge. At the same time, I was fascinated with Economics since working in the tutoring center. The opportunity will allow me to continue to immerse myself in Business. This award encouraged me to keep moving forward with my future Business Economics major study. What’s more, that will help me further working and carrying out an idea that I have been planning for a long t ime: to be an business economist. Now, I want to master the skills of Business Economics, work to improve the processes of Economics practice, and successfully educate my clients so they are empowered to choose a better way. 6.The most important part ofShow MoreRelatedAnalysis Of Angela Lambert s Keep The Young Alive- But Let The Old Die 940 Words   |  4 Pagesâ€Å"I have implored my children not to let me degenerate into a spoon-fed, geriatric foetus†. A very powerful statement made by Angela Lambert as a subheading for her article â€Å"Keep the young alive- but let the old die in peace†. The author’s intentions and arguments are very clear and specific to the reader, even before having read the actual article. Angela Lambert was a first-rate writer in a number of genres. She was a journalist for the Independent, a United Kingdom based magazine. In her articleRead MoreAnalysis Of Samuel Wallace s Unfinished Business 1250 Words   |  5 Pagesanniversary was on a Monday. Fortunately, that was the day that Mr. Marin spent alone in his office all morning. He played blackjack with some business associates every Sunday and came to work on Monday hung over. He would, as per norm al, instruct his personal assistant, Emily, that he wanted no interruptions all morning, as he was very busy. However, everybody in the office knew that he was just sleeping off Sunday night’s bourbon. Monday morning, Samuel crept quietly into the downstairs kitchen whereRead MoreDisadvantages Of Communication1139 Words   |  5 PagesCommunication Communication in verbal and written form is difficult for me to convey to others. I am the person whom will take you to the barn instead of using the direct path. In communication, there are several questions that need to be asked and answered. First, determine the the purpose. Second, determine what are the emotional or physcial needs of the other person being conveyed through dialog. The second stage of communication deals with the perception of the conversatuion. During theRead More McKays America Essay673 Words   |  3 Pageswrites this poem as though it is meant to be heard by all. However, there are some parts in â€Å"America† where it takes a more personal approach. For example, when McKay states â€Å"Stealing my breath of life, I will confess I love this cultured hell that tests my youth.† and also when he mentions how he gazes into the days ahead. I find in those sections of the poem McKay takes a more personal approach because of the specifics menti oned solely about her. The public approaches McKay makes in â€Å"America† areRead MoreThe Focused Leader : A Leadership Article Analysis1188 Words   |  5 Pagesourselves, other people, and our world strengthens our platforms of leadership. Analysis In â€Å"The focused leader†, Goleman examines the path that leads us in recognizing our inner feelings, thoughts, and actions. Through his careful observations and deep knowledge of leadership issues, Goleman connected his ideas and thoughts to three relevant subjects on â€Å"focusing on yourself, focusing on others, and focusing on the wider world† (p. 52). It is interesting to find out that when we understand ourselvesRead MoreMovie Review 12 Angry Men607 Words   |  3 Pageshimself had been a victim of such treatment out of held prejudices. One such instance comes in one of the movie scenes as well when juror 7 makes a remark on juror 11 and says â€Å"they† are all alike who come running for a life and before you can take a deep breath they get on your head and calls him arrogant. Towards the end juror 10 again makes a long speech on people from the slums and how they can kill for fun and don’t care if somebody gets killed. He calls them children of gutters and points outRead MoreEmotional Intelligence ( Eq )854 Words   |  4 Pagesemotionally conscious. This writer utilized the Bradberry and Graves (2009) emotional appraisal tool to complete an assessment of own emotional intelligence with a view to set goals and formulate action plans to improve on professional success and personal excellence. According to the reports of the appraisal findings, an overall score of 74 underscores that the writer could build strength in his emotional intelligence with a little improvement effort. The scores of the four skillsets for Self-AwarenessRead MoreSummary Of The Scarlet Letter 1136 Words   |  5 PagesPuritan societal values and deep rooted beliefs in society, but is a threat to organization and is eventually a source of entropy. In other words, radical individuals do not help society to function. This feeling is constantly displayed by the Puritan magistrates that order Hester to wear the scarlet letter. They believe that the business of establishing and perpetuating a society demands the full efforts of all of its members; there is no time for the indulgence of personal desires (Baym 143). SomeRead MoreThe Star Of An Inconvenient Truth897 Words   |  4 Pagesaction. Gore’s use of ethos through real-life recordings and graphic simulations support Gore’s claim that his motivation stems from obvious, moral reasons; however, his inclusion of his past failures and mentioning of his recent success through personal flashbacks and first-person narration generates pathos, suggesting that Gore, while inspiring the audience to grow less selfish, ironically seeks validation and self-redemption for his own political shortcomings. Throughout the documentary, Gore’sRead MoreThe, The And, And Universal Warfare966 Words   |  4 Pagesher soul.†I love thee to the level of everyday s/Most quiet need, by sun and candle-light†(lines 5-6) tells that she loves every day all through the day endlessly. 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Saturday, December 14, 2019

Origin of Sewage Free Essays

Sewage is created by residential, institutional, and commercial and industrial establishments and includes household waste liquid from toilets, baths, showers, kitchens, sinks and so forth that is disposed of via sewers. In many areas, sewage also includes liquid waste from industry and commerce. The separation and draining of household waste into grey water and black water is becoming more common in the developed world, with grey water being permitted to be used for watering plants or recycled for flushing toilets. We will write a custom essay sample on Origin of Sewage or any similar topic only for you Order Now Most sewage also includes some surface water from roofs or hard-standing areas and may include stormwater runoff. Sewerage systems capable of handling stormwater are known as combined systems or combined sewers. Such systems are usually avoided since they complicate and thereby reduce the efficiency of sewage treatment plants owing to their seasonality. The variability in flow also leads to often larger than necessary, and subsequently more expensive, treatment facilities.In addition, heavy storms that contribute more flows than the treatment plant can handle may overwhelm the sewage treatment system, causing a spill or overflow. Modern sewer developments tend to be provided with separate storm drain systems for rainwater. As rainfall travels over roofs and the ground, it may pick up various contaminants including soil particles and other sediment, heavy metals, organic compounds, animal waste, and oil and grease.Some jurisdictions require stormwater to receive some level of treatment before being discharged directly into waterways. Examples of treatment processes used for stormwater include retention basins, wetlands, buried vaults with various kinds of media filters, and vortex separators (to remove coarse solids). Sanitary sewers are typically much smaller than storm sewers, and they are not designed to transport stormwater. In areas with basements, backups of raw sewage can occur if excessive stormwater is allowed into a sanitary sewer system. How to cite Origin of Sewage, Papers

Friday, December 6, 2019

Output Gap and Inflation Target Monetary Policy

Question: Describe, including a Philips curve diagram, how and why the output gap between equilibrium and actual output is used by policymakers to target inflation. With reference to the IS/PC/MR model and the extract from Minutes of the Monetary Policy Committee for January 2015, explain the Bank of Englands decision to hold interest rates at 0.5% and to maintain asset purchases, known as Quantitative Easing (QE)? Answer: Output Gap and Inflation Target When the economy experiences downturn then there is a decline in the economys output of goods and service. But when the economy recovers then that output, popularly known as countrys GDP increases. Policy makers and economist take interest in these ups and downs in the economy which is called business cycle. But what they are more concerned with is how close the gap between current output and potential output is. Their main interest is not only on the increase or decrease in GDP but also on the extent to which the GDP is above or below the potential level. This difference in the current or actual output and the potential output is the output gap. The potential output is defined as the maximum output an economy can produce when it is most efficient or in other words is at full capacity. The potential output is sometimes referred to as production capacity of the economy. With the rise and fall in GDP, the output gap can be positive and negative. A positive output gap occurs when current output exceeds the potential output. This happens when there is high demand and to meet this demand the workers operate above their efficient capacity. A negative output occurs when there is spare capacity and the economy has weak demand. The negative output gap is characterized when the potential GDP exceeds the potential GDP. (Abel and Bernanke, 2001) The presence of an output gap is represents that an economy is not at its efficient level- it is either overworking or underworking its resources. Policymakers tend to use the potential output to measure the dimension of inflation. In this regard, the output gap is like an indicator which analyzes the demand and supply components of economic activity. In short we can say state that the output gap evaluates the degree of inflation in the economy and it helps to establish an important linkage between the real side of the economy which includes the production of goods and services and inflation. During recession, a fall in aggregate demand causes output gap to be negative where potential GDP exceeds actual GDP. This output gap is directed by the increase in unemployment and unemployed resources. The level of output gap helps to recognize the level of inflation in the economy. The negative output gap determines inflation to be low. In this situation the monetary policy tend to be lax where a low rate of interest would be required to accentuate growth and diminish negative output. A positive output gap is a situation where the rate of growth is above the trend growth and this leads to a rise in inflationary pressure. Now this output gap is related to unemployment. The non accelerating inflation rate of unemployment (NAIRU) is that unemployment rate that is consistent with constant inflation rate. The deflection of unemployment rate from its NAIRU is related with the diversion of output from its potential level. If the policymakers are able to state that the actual employment rate is equal to the NAIRU, then the economy will be able to produce the maximum output without overutilizing the resources in short there would be no output gap and no inflation in the economy. As we have analyzed that output gap has close association with the rate of inflation. So we can establish a relationship between inflation and unemployment. The relationship between the level of unemployment and the rate of inflation in the economy is shown with the help of the Phillips curve. The policymakers could explain the tradeoff between the unemployment and inflation. The Phillips curve helps to explain that as unemployment in creases, the rate of inflation lowers. The reason behind this tradeoff between the inflation rate and the rate of unemployment is that with an increase in aggregate demand the real GDP increases and therefore firms hire more workers and thereby the level of unemployment falls. But as the economy touches the full capacity, we can witness some inflationary pressures. This is because as the level of unemployment is lowered, the workers get the urge to demand more money wages which leads to a wage inflation. Also firms can increase the prices because of this rising demand. So we can see that as the level of unemployment is decreasing the economy is experiencing higher inflation rate. (Imf.org, 2015) The deviation of the unemployment from NAIRU is related to the output gap which is the deviation of the actual output from its potential level. Thus the output gap acquires a central position in the course of policy making. Most of the central banks aim at attaining the full capacity level where full employment leads to no output gap. And almost all central bank attempts to control the rate of inflation and output gap plays an important role in determining the inflation pressure. The output is responsible for indication the over performing or underperforming nature of the economy and so monetary policies are in immediate requirement in this regard. The monetary policy can be implemented by the central bank to enhance growth when the economy is under recession and there is a negative output gap. This is done by lowering the interest rates in order to increase the demand and restrict inflation to fall below the central banks target on the inflation rate. Again in the boom period, there exist positive output gap which initiates inflation rate to grow and in this context the central bank can stimulate growth in the economy by increasing the interest rates. Thus the policy makers are increasingly using the output gap to target inflationary pressures in the economy. But there crept up certain difficulties in estimating the output gap, so the policymakers use other economic indicators like employment, utilizing the capacity, shortages in labor, money and credit growth and inflation relative to expectations to assess the overall capacity pressure within the economy. (Claus, n.d.) Bank Of England And Low Interest Rate Based On Inflation Targeting Model The inflation targeting model is described by a three equation model IS-PC-MR. over the years the main policy goal of most of the central bank is targeting inflation which is conducted by the implementation of the monetary policy. The key policy instrument in this case is the nominal interest rate. The model assumes that the central banks systematically try to minimize the fluctuations of output around its natural rate of full employment and fluctuations of inflation about its target. The model assumes that the rate of inflation goes through a slow and persistent process and its takes around a year for the monetary policy to impact the output and this in turn takes around a year for the output to affect the inflation rates. The model also assumes that the central bank sets the nominal interest rate (i) and can evaluate the real rate of interest based on i and the expected rate of inflation which is nothing buyt the inflation of the previous period considering the adjustment lag. The equation given below describes the above assumption: The model is implemented on the basis of three set of equations: IS curve: (Mankiw, 2007) The equation of the IS Curve is Where C is the consumption, I is the investment, G is the government expenditure, EX is the exports, IM is the imports and Y denotes the real GDP. In this model, any change in the real interest rate affects the spending. As r increases, the borrowings of the consumer fall which is depicted by a fall in the C. this fall also leads to a decrease in the real GDP. Again if r declines then I will fall because investment and real interest rate are inversely related. A fall in the level of investment leads to a decline in the real GDP,Y. Also if r declines then the level of export falls but the imports rise leading to a fall in the Y. So the central bank has to adjust r to determine the level of real GDP of the economy. Phillips curve (PC): It establishes an inverse relationship between the level of unemployment and the rate of inflation. The equation of the Phillips curve is given by: (Stock and Watson, 2008) Where is the inflation rate, e is the expected inflation rate, Y is the actual GDP and Ye is the potential GDP. So as Y exceeds Ye, there is positive output gap which leads to increase in inflation rate and as Ye exceeds Y, there arises negative output gap which lowers down the inflation rate. So in order to reduce inflation, it is the duty of the central bank to create an output gap. And creation of output gap is done by increasing the real rate of interest by the central bank. (Ma, 2014) Monetary Policy Reaction Function (MR): The monetary policy rule helps to explain the mechanism of adjusting the real interest rate to target inflation in response to different shocks within the economy. The objective of the model is to stabilize inflation by minimizing output fluctuations. (Bain and Howells, 2015) The MR works when the central bank raises the real interest rate in order to slump the economy and thereby reducing inflation. As inflation declines people adjust their expectations to be low. This will drive down the PC to the level of expected inflation. The lower inflation enables the central bank to decline in the interest rate and inflation falls. Gradually the target rate of inflation is acquired and the economy reaches the full employment. (Bain and Howells, 2003) Based on the Minutes Of The Monetary Policy Committee Meeting 7 and 8 January 2015 The CPI inflation was around 0.55 IN December 2014 and it declined below the target of 2%. The main reason behind the fall is the steep fall in the wholesale energy prices last year. Since the inflation is below its target, the unemployment is well above the sustainable rate. This can be explained by the PC which defines an inversely relationship between the inflation rate and the unemployment rate. In order to stimulate growth in the economy, there is an immediate need to return the inflation rate to its target and eliminate the economic slack. (BBC News, 2015) (Neuenkirch, 2013) There were significant developments after the Inflation report of November which included fall in oil price, the spot price of Brent crude oil had decreased to $50 per barrel. It was expected by the bank staff that the CPI would be below zero during the first half of 2015. The market interest had fallen due to the tight UK monetary policy. The outlook justified that it is necessary to maintain the current level of Bank Rate and the asset stock purchases (Aldrick, 2012)which is financed by the issuance of reserves of the central bank. The adjustment in the monetary policy would be adjusted to ensure that CPI inflation returned back to 2% target. The two members who voted for the increase in the Bank rate was of the view that the sharp fall in the inflation rate below 2% target was initiated by other temporary factors. (MINUTES OF THE MONETARY POLICY COMMITTEE MEETING 7 and 8 January 2015, 2015)Thus the decision by the Bank of England to maintain the interest rate at 0.5% requires a pr oper implementation of the UK monetary policy which would by the MR signifies that it should aim at improving the unemployment scenario to raise the inflation rate to its target. (Tradingeconomics.com, 2015)This will lower the real interest rate from the first equation which in turn increased the level of investment and thus improve the real GDP. Thus, improvement in the real GDP by the growth in the level of investment is justified by the IS curve. (Fender, 2012) Thus, Bank of Englands decision to hold interest rate at 0.5% would drive up the inflation to its target and thereby increasing the level of investment. This increase in the level of investment will drive up the aggregate demand and in short this will help to stimulate growth in the economy by increasing the real GDP. (Dow, Klaes and Montagnoli, 2009) (Gerdesmeier, Mongelli and Roffia, 2010) (Tradingeconomics.com, 2015) References Abel, A. and Bernanke, B. (2001).Macroeconomics. Boston: Addison-Wesley. Aldrick, P. (2012).Economists call time on quantitative easing after Bank votes to hold. [online] Telegraph.co.uk. Available at: https://www.telegraph.co.uk/finance/economics/9663744/Economists-call-time-on-quantitative-easing-after-Bank-votes-to-hold.html [Accessed 7 Mar. 2015]. Bain, K. and Howells, P. (2003).Monetary economics. Basingstoke: Palgrave Macmillan. Bain, M. and Howells, P. (2015).Monetary Economics: Policy and Its Theoretical Basis. Palgrave Macmillan. BBC News, (2015).Bank keeps UK interest rates on hold. [online] Available at: https://www.bbc.com/news/business-30726535 [Accessed 7 Mar. 2015]. Claus, I. (n.d.). Is the Output Gap a Useful Indicator of Inflation.SSRN Journal. Dow, S., Klaes, M. and Montagnoli, A. (2009). Risk And Uncertainty In Central Bank Signals: An Analysis Of Monetary Policy Committee Minutes.Metroeconomica, 60(4), pp.584-618. Fender, J. (2012).Monetary policy. Hoboken, N.J.: Wiley. Gerdesmeier, D., Mongelli, F. and Roffia, B. (2010). Interest Rate Setting by the Fed, the ECB, the Bank of Japan and the Bank of England Compared.Comp Econ Stud, 52(4), pp.549-574. Imf.org, (2015).What Is the Output Gap? - Back to Basics - Finance Development, September 2013. [online] Available at: https://www.imf.org/external/pubs/ft/fandd/2013/09/basics.htm [Accessed 7 Mar. 2015]. Ma, J. (2014). The Modern Phillips Curve Revisited.ME, 05(03), pp.188-200. Mankiw, N. (2007).Macroeconomics. New York: Worth Publishers. Minutes Of The Monetary Policy Committee Meeting 7 and 8 January 2015. (2015). 1st ed. [ebook] Available at: https://www.bankofengland.co.uk/publications/minutes/Documents/mpc/pdf/2015/jan.pdf [Accessed 7 Mar. 2015]. Neuenkirch, M. (2013). Predicting Bank of England's asset purchase decisions with MPC voting records.Applied Economics Letters, 20(13), pp.1275-1278. Stock, J. and Watson, M. (2008).Phillips curve inflation forecasts. Cambridge, Mass.: National Bureau of Economic Research. Tradingeconomics.com, (2015).BoE Shows Concerns Over Low Inflation. [online] Available at: https://www.tradingeconomics.com/articles/02122015110830.htm [Accessed 7 Mar. 2015]. Tradingeconomics.com, (2015).BoE Voted Unanimously to Leave Rates on Hold. [online] Available at: https://www.tradingeconomics.com/articles/01212015101809.htm [Accessed 7 Mar. 2015].