5,532 research outputs found

    Representative galaxy age-metallicity relationships

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    The ongoing surveys of galaxies and those for the next generation of telescopes will demand the execution of high-CPU consuming machine codes for recovering detailed star formation histories (SFHs) and hence age-metallicity relationships (AMRs). We present here an expeditive method which provides quick-look AMRs on the basis of representative ages and metallicities obtained from colour-magnitude diagram (CMD) analyses. We have tested its perfomance by generating synthetic CMDs for a wide variety of galaxy SFHs. The representative AMRs turn out to be reliable down to a magnitude limit with a photometric completeness factor higher than \sim 85 per cent, and trace the chemical evolution history for any stellar population (represented by a mean age and an intrinsic age spread) with a total mass within ~ 40 per cent of the more massive stellar population in the galaxy.Comment: 12 pages, 11 figures. Accepted for publication in Monthly Notices of the Royal Astronomical Societ

    Taxes, Prisons, and CFOs: The Effects of Increased Punishment on Corporate Tax Compliance in Ecuador

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    This paper takes advantage of a rich firm level data set from Ecuador to analyze the effects of a reform in 2007 that introduced imprisonment for tax evasion and made a firm’s CFO liable for tax-crimes. Our dataset contains actual tax-return and financial-statement information for the universe of corporations in Ecuador from 2003 to 2007. We study the effects of higher punishment both at the intensive and extensive margins. We combine a difference-in-difference-in-difference approach with the DiNardo, Fortin and Lemieux decomposition method. This allows us to estimate the heterogeneous effects of the reform across the distribution of firms. We find that, at the intensive margin the reform led to an average 10% increase in real corporate tax payments. However, positive effects are only found at the right tail of the tax distribution (above the 75th percentile). At the extensive margin, the probability of entry into the tax-net increased, but most of the firms that entered the tax net claimed zero taxes.Tax evasion, corporate tax compliance, tax reform, developing country, punishment, Ecuador

    Nonlinear Cointegration and Nonlinear Error Correction: Record Counting Cointegration Tests.

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    In this article we propose a record counting cointegration (RCC) test that is robust to nonlinearities and certain types of structural breaks. The RCC test is based on the synchronicity property of the jumps (new records) of cointegrated series, counting the number of jumps that simultaneously occur in both series. We obtain the rate of convergence of the RCC statistics under the null and alternative hypothesis. Since the asymptotic distribution of RCC under the null hypothesis of a unit root depends on the short-run dependence of the cointegrated series, we propose a small sample correction and show by Monte Carlo simulation techniques their excellent small sample behaviour. Finally, we apply our new cointegration test statistic to several financial and macroeconomic time series that have certain structural breaks and nonlinearities.Cointegration; Counting statistics; Jumps; Nonlinearity; Ranges; Robustness; Small sample corrections; Structural breaks; Unit roots tests; 37M10; 62M10;

    Nonlinear Cointegration and Nonlinear Error Correction: Record Counting Cointegration Tests

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    In this article we propose a record counting cointegration (RCC) test that is robust to nonlinearities and certain types of structural breaks. The RCC test is based on the synchronicity property of the jumps (new records) of cointegrated series, counting the number of jumps that simultaneously occur in both series. We obtain the rate of convergence of the RCC statistics under the null and alternative hypothesis. Since the asymptotic distribution of RCC under the null hypothesis of a unit root depends on the short-run dependence of the cointegrated series, we propose a small sample correction and show by Monte Carlo simulation techniques their excellent small sample behaviour. Finally, we apply our new cointegration test statistic to several financial and macroeconomic time series that have certain structural breaks and nonlinearities.Publicad

    Range Unit Root (RUR) Tests: Robust against Nonlinearities, Error Distributions, Structural Breaks and Outliers

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    Since the seminal paper by Dickey and Fuller in 1979, unit-root tests have conditioned the standard approaches to analysing time series with strong serial dependence in mean behaviour, the focus being placed on the detection of eventual unit roots in an autoregressive model fitted to the series. In this paper, we propose a completely different method to test for the type of long-wave patterns observed not only in unit-root time series but also in series following more complex data-generating mechanisms. To this end, our testing device analyses the unit-root persistence exhibited by the data while imposing very few constraints on the generating mechanism. We call our device the range unit-root (RUR) test since it is constructed from the running ranges of the series from which we derive its limit distribution. These nonparametric statistics endow the test with a number of desirable properties, the invariance to monotonic transformations of the series and the robustness to the presence of important parameter shifts. Moreover, the RUR test outperforms the power of standard unit-root tests on near-unit-root stationary time series; it is invariant with respect to the innovations distribution and asymptotically immune to noise. An extension of the RUR test, called the forward?backward range unit-root (FB-RUR) improves the check in the presence of additive outliers. Finally, we illustrate the performances of both range tests and their discrepancies with the Dickey?Fuller unit-root test on exchange rate series.Publicad

    Range Unit Root (RUR) Tests: Robust against Nonlinearities, Error Distributions, Structural Breaks and Outliers.

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    Since the seminal paper by Dickey and Fuller in 1979, unit-root tests have conditioned the standard approaches to analysing time series with strong serial dependence in mean behaviour, the focus being placed on the detection of eventual unit roots in an autoregressive model fitted to the series. In this paper, we propose a completely different method to test for the type of long-wave patterns observed not only in unit-root time series but also in series following more complex data-generating mechanisms. To this end, our testing device analyses the unit-root persistence exhibited by the data while imposing very few constraints on the generating mechanism. We call our device the range unit-root (RUR) test since it is constructed from the running ranges of the series from which we derive its limit distribution. These nonparametric statistics endow the test with a number of desirable properties, the invariance to monotonic transformations of the series and the robustness to the presence of important parameter shifts. Moreover, the RUR test outperforms the power of standard unit-root tests on near-unit-root stationary time series; it is invariant with respect to the innovations distribution and asymptotically immune to noise. An extension of the RUR test, called the forward?backward range unit-root (FB-RUR) improves the check in the presence of additive outliers. Finally, we illustrate the performances of both range tests and their discrepancies with the Dickey?Fuller unit-root test on exchange rate series.

    Plasmodium falciparum glutamate dehydrogenase a is dispensable and not a drug target during erythrocytic development

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    <p>Background: Plasmodium falciparum contains three genes encoding potential glutamate dehydrogenases. The protein encoded by gdha has previously been biochemically and structurally characterized. It was suggested that it is important for the supply of reducing equivalents during intra-erythrocytic development of Plasmodium and, therefore, a suitable drug target.</p> <p>Methods: The gene encoding the NADP(H)-dependent GDHa has been disrupted by reverse genetics in P. falciparum and the effect on the antioxidant and metabolic capacities of the resulting mutant parasites was investigated.</p> <p>Results: No growth defect under low and elevated oxygen tension, no up-or down-regulation of a number of antioxidant and NADP(H)-generating proteins or mRNAs and no increased levels of GSH were detected in the D10(Delta gdha) parasite lines. Further, the fate of the carbon skeleton of [(13)C] labelled glutamine was assessed by metabolomic studies, revealing no differences in the labelling of a-ketoglutarate and other TCA pathway intermediates between wild type and mutant parasites.</p> <p>Conclusions: First, the data support the conclusion that D10(Delta gdha) parasites are not experiencing enhanced oxidative stress and that GDHa function may not be the provision of NADP(H) for reductive reactions. Second, the results imply that the cytosolic, NADP(H)-dependent GDHa protein is not involved in the oxidative deamination of glutamate but that the protein may play a role in ammonia assimilation as has been described for other NADP(H)dependent GDH from plants and fungi. The lack of an obvious phenotype in the absence of GDHa may point to a regulatory role of the protein providing glutamate (as nitrogen storage molecule) in situations where the parasites experience a limiting supply of carbon sources and, therefore, under in vitro conditions the enzyme is unlikely to be of significant importance. The data imply that the protein is not a suitable target for future drug development against intra-erythrocytic parasite development.</p&gt

    Meteorological information in GPS-RO reflected signals

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    Vertical profiles of the atmosphere can be obtained globally with the radio-occultation technique. However, the lowest layers of the atmosphere are less accurately extracted. A good description of these layers is important for the good performance of Numerical Weather Prediction (NWP) systems, and an improvement of the observational data available for the low troposphere would thus be of great interest for data assimilation. We outline here how supplemental meteorological information close to the surface can be extracted whenever reflected signals are available. We separate the reflected signal through a radioholographic filter, and we interpret it with a ray tracing procedure, analyzing the trajectories of the electromagnetic waves over a 3-D field of refractive index. A perturbation approach is then used to perform an inversion, identifying the relevant contribution of the lowest layers of the atmosphere to the properties of the reflected signal, and extracting some supplemental information to the solution of the inversion of the direct propagation signals. It is found that there is a significant amount of useful information in the reflected signal, which is sufficient to extract a stand-alone profile of the low atmosphere, with a precision of approximately 0.1 %. The methodology is applied to one reflection case

    The Stellar Structures around Disk Galaxies

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    We present a brief summary of our current results on the stellar distribution and population gradients of the resolved stars in the surroundings of ~50 nearby disk galaxies, observed with space- (Hubble & Spitzer) and ground-based telescopes (Subaru, VLT, BTA, Palomar, CFHT & INT). We examine the radial (in-plane) and vertical (extraplanar) distributions of resolved stars as a function of stellar age and metallicity by tracking changes in the color-magnitude diagram of face-on and edge-on galaxies. Our data show, that the scale length and height of a stellar population increases with age, with the oldest detected stellar populations identified at a large galactocentric radius or extraplanar height, out to typically a few kpc. In the most massive of the studied galaxies there is evidence for a break in number density and color gradients of evolved stars, which plausibly correspond to the thick disk and halo components of the galaxies. The ratio of intermediate-age to old stars in the outermost fields correlate with the gas fraction, while relative sizes of the thick-to-thin disks anticorrelate with galactic circular velocity.Comment: To appear in the proceedings for the IAUS 241 'Stellar Populations as Building Blocks of Galaxies' held in La Palma, Spain, December 10-16 200
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