Consistency of Bayesian nonparametric inference for discretely observed jump diffusions

We introduce verifiable criteria for weak posterior consistency of identifiable Bayesian nonparametric inference for jump diffusions with unit diffusion coefficient and uniformly Lipschitz drift and jump coefficients in arbitrary dimension. The criteria are expressed in terms of coefficients of the SDEs describing the process, and do not depend on intractable quantities such as transition densities. We also show that products of discrete net and Dirichlet mixture model priors satisfy our conditions, again under an identifiability assumption. This generalises known results by incorporating jumps into previous work on unit diffusions with uniformly Lipschitz drift coefficients.Comment: 20 page

Brains versus Brawn: Labor Market Returns to Intellectual and Health Human Capital in a Poor Developing Country

Previous studies report that adult height has significant associations with wages even controlling for schooling. But schooling and height are imperfect measures of adult cognitive skills (“brains”) and strength (“brawn”); further they are not exogenous. Analysis of rich Guatemalan longitudinal data over 35 years finds that proximate determinants—adult reading comprehension skills and fat-free body mass—have significantly positive associations with wages, but only brains, and not brawn, is significant when both human capital measures are treated as endogenous. Even in a poor developing economy in which strength plausibly has rewards, labor market returns are increased by brains, not brawn.

Lasiopogon septentrionalis, a robber fly (Diptera: Asilidae) new to the European Fauna

Lasiopogon septentrionalis Lehr, 1984 is recorded for the first time from Finland, and Europe as a whole. The species was previously known only from the Russian Far East. A key to the three north European Lasiopogon species is provided

Model of errors and irregularities as a general framework for risk-based audit planning

https://egrove.olemiss.edu/dl_proceedings/1105/thumbnail.jp

Evidence for Solar Influences on Nuclear Decay Rates

Recent reports of periodic fluctuations in nuclear decay data of certain isotopes have led to the suggestion that nuclear decay rates are being influenced by the Sun, perhaps via neutrinos. Here we present evidence for the existence of an additional periodicity that appears to be related to the Rieger periodicity well known in solar physics.Comment: Presented at the Fifth Meeting on CPT and Lorentz Symmetry, Bloomington, Indiana, June 28-July 2, 201

Attrition in longitudinal household survey data

Longitudinal household data can have considerable advantages over much more widely used cross-sectional data. The collection of longitudinal data, however, may be difficult and expensive. One problem that has concerned many analysts is that sample attrition may make the interpretation of estimates problematic. Such attrition may be particularly severe in areas where there is considerable mobility because of migration between rural and urban areas. Many analysts share the intuition that attrition is likely to be selective on characteristics such as schooling and that high attrition is likely to bias estimates made from longitudinal data. This paper considers the extent of and implications of attrition for three longitudinal household surveys from Bolivia, Kenya, and South Africa that report very high per-year attrition rates between survey rounds. Our estimates indicate that (1) the means for a number of critical outcome and family background variables differ significantly between attritors and nonattritors; (2) a number of family background variables are significant predictors of attrition; but (3) nevertheless, the coefficient estimates for “standard” family background variables in regressions and probit equations for the majority of the outcome variables considered in all three data sets are not affected significantly by attrition. Therefore, attrition apparently is not a general problem for obtaining consistent estimates of the coefficients of interest for most of these outcomes. These results, which are very similar to results for developed economies, suggest that for these outcome variables—despite suggestions of systematic attrition from univariate comparisons between attritors and nonattritors, multivariate estimates of behavioral relations of interest may not be biased due to attrition.Household surveys Methodology ,