The unbiasedness and efficiency tests of the rational expectations hypothesis

This study examines the direct tests of the Rational Expectations Hypothesis (REH). Pesando (1975) employs the Livingston survey data of business economists and reaches the rejection of rationality and consistency but not rejection of the efficiency. Analyzing the same data, Carlson (1977) rejects these three hypotheses that Pesando tests when he uses expectations on CPI, but doesn’t reject hypotheses as he uses expectations on WPI. Turnovsky (1980) tests the unbiasedness property of the REH using Livingston data and finds different results for the different periods of data. Friedman (1980) applies the unbiasedness and efficiency tests using data of The Goldsmith-Nagan Bond and Money Market Letter and reaches mixed results for the REH. Ball and Croushore (1995) use the several survey results and univariate forecasting models. Their results provide a strong rejection of the REH.Rational expectations hypothesis, expectations, unbiasedness, efficiency, Box-Jenkins forecasting model

Scattering of backward spin waves in a one-dimensional magnonic crystal

Scattering of backward volume magnetostatic spin waves from a one-dimensional magnonic crystal, realized by a grating of shallow grooves etched into the surface of an yttrium-iron garnet film, was experimentally studied. Rejection frequency bands were clearly observed. The rejection efficiency and the frequency width of the rejection bands increase with increasing groove depth. A theoretical model based on the analogy of a spin-wave film-waveguide with a microwave transmission line was used to interpret the obtained experimental results.Comment: 4 pages, 3 figure

Cyclophosphamide removal from water by nanofiltration and reverse osmosis membrane

The rejection of cyclophosphamide (CP) by nanofiltration (NF) and reverse osmosis (RO) membranes from ultrapure (Milli-Q) water and membrane bioreactor (MBR) effluent was investigated. Lyophilization–extraction and detection methods were first developed for CP analysis in different water matrices. Experimental results showed that the RO membrane provided excellent rejection (>90%) under all operating conditions. Conversely, efficiency of CP rejection by NF membrane was poor: in the range of 20–40% from Milli-Q water and around 60% from MBR effluent. Trans-membrane pressure, initial CP concentration and ionic strength of the feed solution had almost no effect on CP retention by NF. On the other hand, the water matrix proved to have a great influence: CP rejection rate by NF was clearly enhanced when MBR effluent was used as the background solution. Membrane fouling and interactions between the CP and water matrix appeared to contribute to the higher rejection of CP

Scattering of surface and volume spin waves in a magnonic crystal

The operational characteristics of a magnonic crystal, which was fabricated as an array of shallow grooves etched on a surface of a magnetic film, were compared for magnetostatic surface spin waves and backward volume magnetostatic spin waves. In both cases the formation of rejection frequency bands was studied as a function of the grooves depth. It has been found that the rejection of the volume wave is considerably larger than of the surface one. The influences of the nonreciprocity of the surface spin waves as well as of the scattering of the lowest volume spin-wave mode into higher thickness volume modes on the rejection efficiency are discussed

Fast kinetic Monte Carlo simulation of strained heteroepitaxy in three dimensions

Accelerated algorithms for simulating the morphological evolution of strained heteroeptiaxy based on a ball and spring lattice model in three dimensions are explained. We derive exact Green's function formalisms for boundary values in the associated lattice elasticity problems. The computational efficiency is further enhanced by using a superparticle surface coarsening approximation. Atomic hoppings simulating surface diffusion are sampled using a multi-step acceptance-rejection algorithm. It utilizes quick estimates of the atomic elastic energies from extensively tabulated values modulated by the local strain. A parameter controls the compromise between accuracy and efficiency of the acceptance-rejection algorithm.Comment: 10 pages, 4 figures, submitted to Proceedings of Barrett Lectures 2007, Journal of Scientific Computin

A fast-neutron spectrometer of advanced design

Fast neutron spectrometer combines helium filled proportional counters with solid-state detectors to achieve the properties of high efficiency, good resolution, rapid response, and effective gamma ray rejection

New Preshower detector for DIRAC Experiment

The Preshower (PSh) detector is a component of the DIRAC setup. It is designed to improve rejection efficiency of e-e+ pairs background in the {\pi}{\pi} and K{\pi} pair measurement. To increase the overall efficiency, a new two-layer structure scintillator Preshower detector has been realized in the region where the Nitrogen Cherenkov detector has been shortened to introduce new detectors. The new Preshower-Cherenkov combination ensures the electron rejection efficiency better than 99.9% in momentum region 1-7 GeV/c.Comment: to be published in NIM

Rejection sampling in demand systems

We illustrate the method of rejection sampling in a Bayesian application of a new approach toı estimating Demand Systems. This approach, suggested by Varian (1990), is based on a generalization of Afriat's (1967) efficiency index. Rejection sampling is applied to the prior-to-posterior mapping enabling us to obtain posterior results in a nonstandard model

Evaluation of cosmic ray rejection algorithms on single-shot exposures

To maximise data output from single-shot astronomical images, the rejection of cosmic rays is important. We present the results of a benchmark trial comparing various cosmic ray rejection algorithms. The procedures assess relative performances and characteristics of the processes in cosmic ray detection, rates of false detections of true objects and the quality of image cleaning and reconstruction. The cosmic ray rejection algorithms developed by Rhoads (2000), van Dokkum (2001), Pych (2004) and the IRAF task xzap by Dickinson are tested using both simulated and real data. It is found that detection efficiency is independent of the density of cosmic rays in an image, being more strongly affected by the density of real objects in the field. As expected, spurious detections and alterations to real data in the cleaning process are also significantly increased by high object densities. We find the Rhoads' linear filtering method to produce the best performance in detection of cosmic ray events, however, the popular van Dokkum algorithm exhibits the highest overall performance in terms of detection and cleaning.Comment: 12 pages, 4 figures, accepted for publication in PAS