Granger Causality and the Sampling of Economic Processes

This paper provides a discussion of the developments in econometric modelling that are designed to deal with the problem of spurious Granger causality relationships that can arise from temporal aggregation.We outline the distortional e ects of using discrete time models that explicitly depend on the unit of time and outline a remedy of constructing timeinvariant discrete time models via a structural continuous time model.In an application to testing for money-income causality, we demonstrate the importance of incorporating exact temporal aggregation restrictions on the discrete time data.We do this by conducting causality tests in discrete time models that: (a) impose the temporal aggregation restrictions exactly; (b) impose the temporal aggregation restrictions approximately; and (c) do not impose these restrictions at all.sampling;aggregation;models

Frequency Domain Gaussian Estimation of Temporally Aggregated Cointegrated Systems

This paper discusses the joint estimation of the long run equilibrium coe cients and the parameters governing the short run dynamics of a fully parametric cointegrated system formulated in continuous time.The model allows the stationary disturbances to be generated by a stochastic di erential equation system and for the variables to be a mixture of stocks and flows.We derive a precise form for the exact discrete analogue of the continuous time model in triangular error correction form, which acts as the basis for frequency domain Gaussian estimation of the unknown parameters using discrete time data.We formally establish the order of consistency and the asymptotic sampling properties of such an estimator.The function of the data that estimates the cointegrating parameters is shown to converge at the rate of the sample size to a mixed normal distribution, while that estimating the short run parameters converges at the rate of the square root of the sample size to a limiting normal distribution.estimation;aggregation;cointegration;general equilibrium

An evaluation of combined geophysical and geotechnical methods to characterize beach thickness

Beaches provide sediment stores and have an important role in the development of the coastline in response to climate change. Quantification of beach thickness and volume is required to assess coastal sediment transport budgets. Therefore, portable, rapid, non-invasive techniques are required to evaluate thickness where environmental sensitivities exclude invasive methods. Site methods and data are described for a toolbox of electrical, electromagnetic, seismic and mechanical based techniques that were evaluated at a coastal site at Easington, Yorkshire. Geophysical and geotechnical properties are shown to be dependent upon moisture content, porosity and lithology of the beach and the morphology of the beach–platform interface. Thickness interpretation, using an inexpensive geographic information system to integrate data, allowed these controls and relationships to be understood. Guidelines for efficient site practices, based upon this case history including procedures and techniques, are presented using a systematic approach. Field results indicated that a mixed sand and gravel beach is highly variable and cannot be represented in models as a homogeneous layer of variable thickness overlying a bedrock half-space

The Diversity Dividend: does a more diverse and inclusive research community produce better biomedical and health research?

Over the past decade, the need for greater diversity and inclusion across research systems has received greater emphasis from policymakers, funders, universities and stakeholders. Strategies in support of diversity and inclusion need to be underpinned by the best available evidence. This short briefing paper is a summary of a larger review carried out by a multidisciplinary team from University of Sheffield of the relationship between a diverse and inclusive biomedical and health research community, and the qualities and impacts of its research

Landau Levels Analog to Electric Dipole

In this letter we study the quantum dyamics of a neutral particle in the presence of an external magnetic field. We demonstrate in a specific field-dipole configuration that we have a quantization similar to the Landau Levels. We investigate this quantization motivated by the recent analysis of Landau-Aharonov-Casher(LAC) quantization of Ericsson and Sj\"oqvist[Phys Rev. A {\bf 65} 013607 (2001)]. The energy eigenfuction and eigenvalues are obtained.Comment: 7 pages, revte

Establishing and Prioritising Research Questions for the Treatment of Alopecia Areata: The Alopecia Areata Priority Setting Partnership

BACKGROUND: Alopecia areata is a common hair loss disorder that results in patchy to complete hair loss. Many uncertainties exist around the most effective treatments for this condition. OBJECTIVES: To identify uncertainties in alopecia areata management and treatment that are important to both service users (people with hair loss, carers and relatives) and healthcare professionals. METHODS: An alopecia areata priority setting partnership was established between patients, their carers and relatives, and healthcare professionals to identify the most important uncertainties in alopecia areata. The methodology of the James Lind Alliance was followed to ensure a balanced, inclusive and transparent process. RESULTS: In total 2747 treatment uncertainties were submitted by 912 participants, of which 1012 uncertainties relating to alopecia areata (and variants) were analyzed. Questions were combined into "indicative uncertainties" following a structured format. A series of ranking exercises further reduced this list to a top 25 that were taken to a final prioritization workshop where the top 10 priorities were agreed. CONCLUSIONS: We present the top 10 research priorities for alopecia areata to guide researchers and funding bodies to support studies important to both patients and clinicians. This article is protected by copyright. All rights reserved

Optical band edge shift of anatase cobalt-doped titanium dioxide

We report on the optical properties of magnetic cobalt-doped anatase phase titanium dioxide Ti_{1-x}Co_{x}O_{2-d} films for low doping concentrations, 0 <= x <= 0.02, in the spectral range 0.2 to 5 eV. For well oxygenated films (d << 1) the optical conductivity is characterized by an absence of optical absorption below an onset of interband transitions at 3.6 eV and a blue shift of the optical band edge with increasing Co concentration. The absence of below band gap absorption is inconsistent with theoretical models which contain midgap magnetic impurity bands and suggests that strong on-site Coulomb interactions shift the O-band to Co-level optical transitions to energies above the gap.Comment: 5 pages, 4 figures, 1 table; Version 2 - major content revisio

Scale-dependent non-Gaussianity probes inflationary physics

We calculate the scale dependence of the bispectrum and trispectrum in (quasi) local models of non-Gaussian primordial density perturbations, and characterize this scale dependence in terms of new observable parameters. They can help to discriminate between models of inflation, since they are sensitive to properties of the inflationary physics that are not probed by the standard observables. We find consistency relations between these parameters in certain classes of models. We apply our results to a scenario of modulated reheating, showing that the scale dependence of non-Gaussianity can be significant. We also discuss the scale dependence of the bispectrum and trispectrum, in cases where one varies the shape as well as the overall scale of the figure under consideration. We conclude providing a formulation of the curvature perturbation in real space, which generalises the standard local form by dropping the assumption that f_NL and g_NL are constants.Comment: 27 pages, 2 figures. v2: Minor changes to match the published versio