1,168 research outputs found

    On the Evidence of Non-Linear Structure in Canadian Unemployment.

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    In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment. Contrary to the conclusion reached in Murray et al. (1993), and using a corrected for bias simple non-parametric test (SNT), we reject the null hypothesis of a linear structure for Canadian unemployment.Canada, Unemployment, Brock Dechert and Scheinkman (BDS) test, Simple Non-Paramteric Test (SNT), U-Statistics, Correlation Integral, Non-Linear Specification.

    Testing and Estimating Persistence in Canadian Unemployment.

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    A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it adversely influences unemployment and considerably lengthens recessions. This paper tests for persistence in Canadian sectoral unemployment, using the modified rescaled-range test. Our results show evidence of persistence in sectoral unemployment that translates to persistence in aggregate unemployment. To quantify this aggregate-level persistence, we estimate it within the framework of Bayesian ARFIMA class of models. The results conclude that Canadian unemployment exhibits persistence in the short and intermediate run.ARFIMA, Fractional Integrated, Bayesian, Unemployment Persistence, Canada, Rescaled-Range Statistic

    Can Sectoral Shifts Generate Persistent Unemployment in Real Business Cycle Models?

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    This paper extends the standard Real Business Cycle model to incorporate sectoral shifts in unemployment. Using relative sectoral technology and sectoral tastes shocks, combined with labor adjustment costs across sectors, we assess the possibility of generating persistent aggregate unemployment. Calibrated to Canadian data, the models suggest that the introduction of sectoral labor mobility with adjustment costs improves the ability of the standard real business cycle model to match the observed persistence in unemployment. Empirically, we estimated a Vector Auto-Regressive model and successfully matched the models' overshooting of labor. The results suggest that government policies aimed to alleviate the unemployment burden should pay closer attention to sectoral phenomena, specifically to sectoral labor mobility.Real Business Cycle (RBC), Sectoral Shocks, Unemployment Persistence, Vector Auto-Regressive (VAR), Blanchard-Quah (B-Q) Identification

    Food for Thought: An Analysis of the Robenhausen Botanicals at the Milwaukee Public Museum

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    Museum collections excavated from archaeological sites represent an intersection of disciplines and provoke innovative approaches to the study of these material aspects of culture. Botanical collections of food remains in particular, provide an opportunity to interrogate the way in which culinary practices in the past are understood. The circum-Alpine lake dwelling complex of central Europe includes hundreds of archaeological sites dating to the Neolithic, Bronze, and Iron Age; many of these sites are known for exceptional preservation of organic material due to a waterlogged, anaerobic environment. Robenhausen, located in eastern Switzerland was one of many lake dwellings discovered in the 19th century when these sites first became known to the archaeological community and the general public. Because of this early discovery date combined with a variety of other circumstances, material culture from this site and many others was part of an artifact diaspora which scattered objects from Robenhausen throughout museums in the U.S. and Europe. Artifacts from this site were rediscovered in the Milwaukee Public Museum’s permanent collection in the early 2000s and include over 8000 plant and food remains, most of which are carbonized and have remained intact for over a century since their removal from the site in Switzerland. This thesis uses a combination of approaches including scientific reporting, macrobotanical identification, experimental archaeology, and theoretical interpretation based in foodways research to interpret this collection of botanical remains. In addition, this project digitally reunites the food and botanicals from Robenhausen with those scattered throughout other museum collections and contributes to our understanding of the complex nature of foodways at the Robenhausen site during the Late Neolithic and Bronze Age

    Immortality and the Shape of a Poet’s Career

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    Someone confronted me once with an all-purpose generalization he had learned somewhere about poetry: all poems are about death. I, for my part, had supposed that many of them focused on life-in all its dizzying variety. To some extent, however, I had to admit that he had some of the greatest poets on his side. Many have claimed that poems exist as their creators\u27 assault on their own mortality. Poems may be about any number of topics, but all serve a similar purpose. They defy death. Not marble, nor the gilded monuments/ Of princes, shall outlive this powerful rhyme, Shakespeare boasted in Sonnet 55. Robert Frost echoed his assertion-more guardedly, of course, when he wrote in his introduction to E. A. Robinson\u27s King Jasper that poems are all that matter. The utmost of ambition is to lodge a few poems where they will be hard to get rid of, to lodge a few irreducible bits. Other poets may express themselves even more modestly, but who can doubt that most hope to create one or more works of art that will survive them and partially sustain their memories? To this end they shape their verses to lodge them in other peoples\u27 minds, to make them memorable and sustainedly meaningful
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