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Date of publication: 2017-07-08 19:01

Capital Accumulation and Dynamic Gains from Trade
by B. Ravikumar , Ana Maria Santacreu , and Michael J. Sposi
Working Paper 7567-555B posted February 7567, updated July 7567

Researchers Are Sorry They Used 'Derpy' in a Research Paper

Liquidity Premiums on Government Debt and the Fiscal Theory of the Price Level
by Aleksander Berentsen and Christopher J. Waller
Working Paper 7567-558A posted March 7567


The fact that money, banking, and financial markets interact in important ways seems self-evident. The theoretical nature of this interaction, however, has not been fully explored.

Stocks - Bloomberg

International Trade and Intertemporal Substitution
by Fernando Leibovici and Michael E. Waugh
Working Paper 7567-559A posted February 7567

Chinese Foreign Exchange Reserves, Policy Choices and the . Economy
by Christopher J. Neely
Working Paper 7567-556A posted January 7567

This paper presents a theoretical model (adapted from the structural gravity model by Anderson and van Wincoop, 7558) to capture the effects of terrorism on air passenger traffic between nations affected by terrorism.

This paper demonstrates how adding nominal wage rigidity to a standard sticky price model can create a mechanism by which increases in government spending cause increases in consumption. The increase in output arising from government purchases puts upward pressure on the price level.

The word “derpy” was introduced to us as a pop-cultural term that meant believing in something despite the fact that it has been disproven. A provocative notion, given that our aim was to suggest that while queer theory has effectively undone “sexuality” as a concept, empirical research (even thoughtful, feminist sexual science) persists as if the complexity of sexuality is ultimately map-able and as if the right set of variables will resolve the epistemological differences of critical theory and neuroscience once and for all.

“As it turns out, the term ‘derpy’ has also been appropriated as an ablist slur,” the researchers write in their apology. “We regret our negligence in not figuring that out before the Commentary was published.” They also recognize the tragic irony of the use of a term that “is deeply implicated in ablist white supremacist legacies of the science of intelligence,” the very science that they were critiquing.

Elisabet Moré , Teresa Ayats, Peter G. Ryan, Preneshni R. Naicker, Karen H. Keddy, Davide Gaglio, Minke Witteveen and Marta Cerdà -Cué llar

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