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North's quantitative raise to four no-trump was also debatable.
North invited slam with his quantitative raise to four no-trump.
Two spades was either a quantitative raise to two no-trump, or based on a long club suit with weak or game-forcing values.
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As I see it — and as I suspect many people at the Fed see it — the basic point is that to gain traction in a liquidity trap you must either engage in huge quantitative easing, raise the expected rate of inflation, or both.
Qualitative aspects of BH accretion simulations are code-independent [see, e.g., Villiers and Hawley (2003); Gammie et al. (2003); Anninos et al. (2005)], but quantitative variations raise questions regarding numerical convergence of the observables (Shiokawa et al. 2012; White and Stone 2015).
Mahudin et al. (2012) clarified that the self-reporting nature of quantitative studies raises the possibility of participant bias, social desirability, demand characteristics, and response sets.
McCrary and colleagues discussed that physicians' unilateral determination of futility based on quantitative assessments raises the potential abuse of discretion and casts doubt on the justice of such a decision-making process because of its lack of agreement [ 22].
Yet the presence of many structural and financial barriers to adherence, which have been documented in both qualitative and quantitative research, raises questions about whether and for how long such high rates of adherence are sustainable (Gill et al. 2005).
Jan Hatzius and his team of economics researchers at Goldman Sachs studied Yellen's recent speeches and concluded that the Fed under Yellen will have a "late exit" from quantitative easing and raise interest rates in two years from now, in the first three months of 2016.
This method will allow the participants to speak for themselves, complement the quantitative questions, and raise issues that may have not been previously considered.
Ending quantitative easing and raising short-term rates will surely cause the stock market to crater.
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