Twin deficits through the looking Glass : time-varying analysis in the Euro Area

Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance responses to changes in the CAPB and in the government balance and we identify the determinants of these responses. The CAPB and the government balance, in addition to being determinants of the current account balance, are also determinants of the time- varying responses of the current account balance. The levels of government balance, current account balance and public debt, as a percentage of GDP, and the temporal period (before and after 2010) also influence these responses.info:eu-repo/semantics/publishedVersio

Beckett and Carroll. A violantly denial of personal identity

[Abstract] The intention to make parallels between L. Carroll and S.Beckett and proposes an intertextual approach to show how much Caroll`s work can be interpreted as a foreshadowing of postmodern discourse in modern drama with specific reference to Beckett’s. Carroll`s works tend to show certain interesting aspects that were to interest Beckett in his drama and postmodern concepts with regard to meaning of language, space and time, the problem of personal identity.Carroll prefigures modern drama, especially in the guise of the Theatre of the Absurd, and provides fertile ground for postmodern discourse - a radically new notion of setting, time, action, language, dialogue and plot. Man is seen as disintegrated and his society presented as increasingly deconstructing and irrecoverably fragmented. This absurd image of man is not unconnected to Carroll’s philosophy of nonsense which significantly engages questions of life and existence. T shec tion of the paper is structured as follows; the significance of language, space and time, characters and the question of identity. Space and time are undeniably important aspects of the Carroll stories. The space-time theme takes a complicated and more philosophical turn in Beckett’s plays- actually indicates the caged nature of the world and nothingness in time. There are number of characters in Carroll’s stories that prefigure Beckett’s treatment of characters. Their verbal exchange only point sth e difficulty of codifying possible meanings and, like Beckett’s characters, they seem to have no society, no history, no occupation, no real personality or identity except their names, that helps to generate incomprehensibility and indeterminacy

Multiclass Yeast Segmentation in Microstructured Environments with Deep Learning

Cell segmentation is a major bottleneck in extracting quantitative single-cell information from microscopy data. The challenge is exasperated in the setting of microstructured environments. While deep learning approaches have proven useful for general cell segmentation tasks, existing segmentation tools for the yeast-microstructure setting rely on traditional machine learning approaches. Here we present convolutional neural networks trained for multiclass segmenting of individual yeast cells and discerning these from cell-similar microstructures. We give an overview of the datasets recorded for training, validating and testing the networks, as well as a typical use-case. We showcase the method's contribution to segmenting yeast in microstructured environments with a typical synthetic biology application in mind. The models achieve robust segmentation results, outperforming the previous state-of-the-art in both accuracy and speed. The combination of fast and accurate segmentation is not only beneficial for a posteriori data processing, it also makes online monitoring of thousands of trapped cells or closed-loop optimal experimental design feasible from an image processing perspective.Comment: IEEE CIBCB 2020 (accepted

The effects of monetary policy surprises and fiscal sustainability regimes in the Euro Area

We study the effect of monetary surprise shocks on real output and the price level, conditioned on different fiscal sustainability regimes in the period 2001Q4-2021Q4. First, we estimate time-varying fiscal sustainability coefficients based on Bohn’s (1998) approach through Schlicht’s (2003) method. Then, by taking these sustainability coefficients in a nonlinear local projection model for the Euro Area (aggregate data), Germany, Italy, and Portugal, we analyze the interaction between both policies under (un)sustainable fiscal regimes. Our results show that in a Ricardian regime, output and prices respond to monetary tightening by contracting, while in a non-Ricardian regime the effect on output and price levels is negligible (or even positive). The dependence of the effectiveness of monetary policy on fiscal solvency is valid for Euro-Area and all the countries assessed, and does not depend on whether a country is “core” or “periphery”, but on the policy conduct over time.info:eu-repo/semantics/publishedVersio

Leveraging interest-growth differentials : hidden effects of government financial assets in the European Union

Conditions of fiscal sustainability have been widely studied in the literature. Fiscal reaction functions or cointegration between government revenues and expenditures are two approaches that economists have been paying their attention, not only on a theoretical perspective, but also empirically assessing the sustainability of several economies during different timespans. Whereas a predominant focus has been attributed to primary deficits, little attention has been dedicated to government financial assets contribution to government debt paths. Given that government financial assets represent a large proportion of gross debt accumulation, we enquire about their role on government debt leveraging of economic growth over interest rates, focusing on a channel of gross debt, investment, external balance and ratings, in 27 European Union economies during the period from 2000 to 2022. Large heterogeneities in the statistical characteristics of the series and impacts of financial assets on interest rate-growth rate differentials call for a closer attention to financial assets on a granular approach at individual country level, rather than on the aggregate. Our results highlight the importance of government financial assets holdings to the short and long-run debt trajectories, enhancing or potentially undermining gains from primary deficits consolidation efforts and consequently on the differentials between interest rates and output growth.info:eu-repo/semantics/publishedVersio

Gender Lines Fall 1985

https://digitalcommons.lasalle.edu/gender_lines/1000/thumbnail.jp

Multiclass Yeast Segmentation in Microstructured Environments with Deep Learning

Cell segmentation is a major bottleneck in extracting quantitative single-cell information from microscopy data. The challenge is exasperated in the setting of microstructured environments. While deep learning approaches have proven useful for general cell segmentation tasks, existing segmentation tools for the yeast-microstructure setting rely on traditional machine learning approaches. Here we present convolutional neural networks trained for multiclass segmenting of individual yeast cells and discerning these from cell-similar microstructures. We give an overview of the datasets recorded for training, validating and testing the networks, as well as a typical use-case. We showcase the method's contribution to segmenting yeast in microstructured environments with a typical synthetic biology application in mind. The models achieve robust segmentation results, outperforming the previous state-of-the-art in both accuracy and speed. The combination of fast and accurate segmentation is not only beneficial for a posteriori data processing, it also makes online monitoring of thousands of trapped cells or closed-loop optimal experimental design feasible from an image processing perspective