This study follows Rotemberg and Woodford (1998) and estimates a three-equation model of output, interest rate and inflation, in order to evaluate alternative rules by which the UK monetary authority may decide on setting the main interest rate. As in the original paper, the model setup is a...

In the article the author analyzed phenomenon of industry-university collaboration in the United Kingdom. The nexus of twenty Engineering Doctorate centers in the Great Britain was thoroughly examined in the core part of the paper. The major benefits for business and academia, the most typical...