3,114 research outputs found
First Supplement to the Check-list of the Coccidae.
Since the publication of the Check-List* in 1896 no less than three hundred and twenty-two species have been added. A few of these are old species which had been accidentally omitted or improperly reduced to synonyms, but the number of actually new species is very great, and bears witness to the activity of coccidologists. Forty species, given as valid in the Check-List, are here reduced to varieties or synonyms.
As before, I have included a number of names of species (mostly by Green) which I know to })e either in press or awaiting very early publication.Ope
Private Business Investment in Australia
The behaviour of aggregate Australian private business investment has attracted relatively little attention in the literature over the past decade or so, probably reflecting the well-known difficulties associated with modelling it. This paper reviews the main drivers of Australian business investment through a discussion of some long- and short-run trends and estimation of error-correction models for its main components. Two innovations are introduced in the modelling approach. The first is that investment in computing equipment is excluded from the models, recognising that it cannot be treated in the same way as other types of investment, particularly in light of the dramatic falls in its relative price over recent decades. The second is that standard techniques are used to exclude influential observations when modelling the short-run variation in the data as a means of accounting for the considerable volatility in these variables. This improves the robustness of the estimation. The different types of investment – equipment, building and engineering – are found to be influenced by their own idiosyncratic factors, though for each type of investment, an inverse relationship between the investment-to-output ratio and its corresponding measure of the cost of capital is found.Australian business investment; cost of capital; computing equipment
Current Account Deficits: The Australian Debate
This paper documents the clear change of view, which has taken place in Australia over the past three decades or so, concerning the relevance of the current account deficit for policy. Historical experience under a fixed exchange rate regime suggested that large persistent deficits were unsustainable and could leave the economy vulnerable to sudden reversals in sentiment. These concerns persisted after the floating of the Australian dollar and financial deregulation, and it was thought that all arms of policy should help to rein in the then much larger current account deficits. However, these policies were shown to be ineffective and, by the early 1990s, the argument that current account deficits represent the optimal outcomes of decisions made by ‘consenting adults’ gained wide support. This paper presents some empirical evidence consistent with optimal smoothing in the face of temporary shocks; the persistence of the deficit is attributed to a modest degree of impatience relative to the rest of the world. Although it is now widely accepted that policy should not seek to influence the current account balance, the issue of external vulnerability remains of interest. Here, country-specific considerations are important, and it is argued that the factors that have made Australia relatively resilient to external shocks are also those that helped to attract foreign capital in the first place.
Current Account Deficits: The Australian Debate
This paper documents the clear change of view, which has taken place in Australia over the past three decades or so, concerning the relevance of the current account deficit for policy. Historical experience under a fixed exchange rate regime suggested that large persistent deficits were unsustainable and could leave the economy vulnerable to sudden reversals in sentiment. These concerns persisted after the floating of the Australian dollar and financial deregulation, and it was thought that all arms of policy should help to rein in the then much larger current account deficits. However, these policies were shown to be ineffective and, by the early 1990s, the argument that current account deficits represent the optimal outcomes of decisions made by ‘consenting adults’ gained wide support. This paper presents some empirical evidence consistent with optimal smoothing in the face of temporary shocks; the persistence of the deficit is attributed to a modest degree of impatience relative to the rest of the world. Although it is now widely accepted that policy should not seek to influence the current account balance, the issue of external vulnerability remains of interest. Here, country-specific considerations are important, and it is argued that the factors that have made Australia relatively resilient to external shocks are also those that helped to attract foreign capital in the first place.current account; external vulnerability; exchange rate regimes
Labour Force Participation and Household Debt
In the past decade or so there has been a substantial rise in the indebtedness and debt-servicing obligations of Australian households. This has been accompanied by a trend increase in labour force participation (LFP) for women and more recently for men. Microeconomic data show a clear positive correlation between indebtedness and LFP. This paper models the LFP decision of prime-age Australian women and men accounting for the influence of debt and assets along with a range of other variables found to be important in the literature. The potential two-way causation between debt and labour supply is also addressed. Data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey are used as it contains recent and detailed data on household wealth along with extensive labour market and demographic data. A cross-section model of LFP is estimated using the detailed measures of household debts and assets available in Wave 2 of the survey. In addition, a panel model, using only measures of owner-occupied housing debt and assets, is estimated using all five currently available waves. Evidence is presented to suggest that LFP is determined by several factors, including family structure, education, health and indebtedness. In general, most of the effect of indebtedness on an individual’s probability of participation in the labour force is captured through the household debt-servicing ratio, although the level of owner-occupied mortgage debt appears important for men. Also, the panel results suggest that accounting for unobserved heterogeneity across individuals is important when examining the influence of debt on labour supply.labour force participation; household debt; credit constraints; HILDA
A Case Study of Global Perspective Change From Selected Study Abroad Program Participation
This study examined selected components of faculty-led study abroad programs and determined students’ changes in global perspectives after participating in faculty-led study abroad programs. A census of the population of interest (N=19), included undergraduate and graduate students enrolled in the Texas A&M Namibia Technological Change and Agricultural Communications and the Texas A&M Guatemala Agricultural Leadership and Service Learning study abroad programs. Participants were asked to complete a study abroad course evaluation upon return to the university during class time. The researcher-developed course evaluation included items to measure students’ perspectives of orientation sessions, course delivery methods, program type, program staff, and individual development. The Global Perspective Inventory (GPI) was administered during pre-departure class meetings using the General Student Form. Post-experience administration class sessions were used to collect participants’ global perspectives using the Study Abroad Post Test form. The GPI tests measured changes in global perspectives along three learning dimensions; cognitive, intrapersonal, and interpersonal. Descriptive statistics (mean, frequencies, and standard deviation) were used to report the data.
The results showed that (1) the academic programs were intellectually stimulating; (2) student’s individual development consisted of being more receptive to different ideas; and (3) student’s improved their global perspective with regards to cognitive and intrapersonal development
A History of the Seabrook McKenzie Centre Christchurch 1973-2013
The history of the Seabrook McKenzie Centre is closely connected with a thirty-year campaign by parents and professionals for official recognition of specific learning disability as a category and for a remedial service to address the needs of children affected to be provided within mainstream schooling in New Zealand. This paper focuses on the contribution of the two professional women, Dr Jean Seabrook and Mary Cameron-Lewis who stand out, along with the patron and benefactor Sir Roy McKenzie as making a substantial contribution to the development of the Centre. Inadequate recognition by the Department of Education of children with specific learning disabilities led to the need for a separate, private, facility. This essay discusses the significance this played in contributing to the opening of the initial Centre, the subsequent expansion of the Seabrook McKenzie Centre, and the eventual opening of a school. It argues that the lack of official recognition and provision of support for these children's learning needs played a major role in the history of the Centre's establishment and continues to be a factor in its operation today
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