A Unified Framework for Using Micro-Data to Compare Dynamic Wage and Price Setting Models

This paper develops a statistical framework of steady-state identities which enable us to match the distributions of durations found in the micro-data to generalized Taylor and Calvo models of time-dependent pricing. We illustrate the approach with the UK micro CPI data for 2006-2009, and employ the pricing models in a simple macromodel. We find that the Generalized Taylor Economy generates a hump shaped response function, whilst the Generalized Calvo does not.price-spell, steady state, hazard rate, Calvo, Taylor

Evidence for GeV emission from the Galactic Center Fountain

The region near the Galactic center may have experienced recurrent episodes of injection of energy in excess of $\sim$ 10$^{55}$ ergs due to repeated starbursts involving more than $\sim$ 10$^4$ supernovae. This hypothesis can be tested by measurements of $\gamma$-ray lines produced by the decay of radioactive isotopes and positron annihilation, or by searches for pulsars produced during starbursts. Recent OSSE observations of 511 keV emission extending above the Galactic center led to the suggestion of a starburst driven fountain from the Galactic center. We present EGRET observations that might support this picture.Comment: 5 pages, 1 embedded Postscript figure. To appear in the Proceedings of the Fourth Compton Symposiu

Consolidated List of Requirements

This document is a consolidated catalogue of requirements for the Electronic Health Care Record (EHCR) and Electronic Health Care Record Architecture (EHCRA), gleaned largely from work done in the EU Framework III and IV programmes and CEN, but also including input from other sources including world-wide standardisation initiatives. The document brings together the relevant work done into a classified inventory of requirements to inform the on-going standardisation process as well as act as a guide to future implementation of EHCRA-based systems. It is meant as a contribution both to understanding of the standard and to the work that is being considered to improve the standard. Major features include the classification into issues affecting the Health Care Record, the EHCR, EHCR processing, EHCR interchange and the sharing of health care information and EHCR systems. The principal information sources are described briefly. It is offered as documentation that is complementary to the four documents of the ENV 13606 Parts I-IV produced by CEN Pts 26,27,28,29. The requirements identified and classified in this deliverable are referenced in other deliverables

Trends and Cycles in Australian State and Territory Unemployment Rates.

This paper has as its subject matter the behaviour of state unemployment rates over time. Arguments are presented which suggest that the common approach which entails regressing state or regional rate of unemployment on the national rate is not likely to yield much useful knowledge. As a positive contribution to the literature, this paper focuses on two things: first, the behaviour over time in the dispersion of state unemployment rates and their relationship with the business cycle and; second, tests for the presence of common trends and/or common cycles in the state unemployment rates. The results suggest that there is a case which can be made for regional policy in Australia.REGIONAL DEVELOPMENT ; UNEMPLOYMENT ; BUSINESS CYCLES

DScent Final Report

DScent was a joint project between five UK universities combining research theories in the disciplines of computational inference, forensic psychology and expert decision-making in the area of counter-terrorism. This document discusses the work carried out by Leeds Metropolitan University which covers the research, design and development work of an investigator support system in the area of deception using artificial intelligence. For the purposes of data generation along with system and hypothesis testing the project team devised two closed world games, the Cutting Corners Board Game and the Location Based Game. DScentTrail presents the investigator with a ‘scent trail’ of a suspect’s behaviour over time, allowing the investigator to present multiple challenges to a suspect from which they may prove the suspect guilty outright or receive cognitive or emotional clues of deception (Ekman 2002; Ekman & Frank 1993; Ekman & Yuille 1989; Hocking & Leathers 1980; Knapp & Comadena 1979). A scent trail is a collection of ordered, relevant behavioural information over time for a suspect. There are links into a neural network, which attempts to identify deceptive behavioural patterns of individuals. Preliminary work was carried out on a behavioural based AI module which would work separately alongside the neural network, with both identifying deception before integrating their results to update DScentTrail. Unfortunately the data that was necessary to design such a system was not provided and therefore, this section of research only reached its preliminary stages. To date research has shown that there are no specific patterns of deceptive behaviour that are consistent in all people, across all situations (Zuckerman 1981). DScentTrail is a decision support system, incorporating artificial intelligence (AI), which is intended to be used by investigators and attempts to find ways around the problem stated by Zuckerman above

Improved active vibration isolator

Active vibration isolator simultaneously isolates a flexible structure or payload from disturbances, attenuates the response of a flexible structure to transient disturbances, and maintains the equilibrium position of the payload within predetermined limits over a wide range of steady loads and accelerators