Bridging the Gap between the Interest Rate and Price Level Approaches in the AD-AS Model: The Role of the Loanable Funds Market

There are two generally accepted ways of plotting the aggregate demand (AD) and aggregate supply (AS) curves in the goods market. One puts the price level on the vertical axis (the P - y approach); the other plots the real interest rate on the vertical axis (the r - y approach). This paper develops the theoretical connections between these two approaches that permit one to tell a coherent dynamic story with the AD-AS model and also explores the conditions under which one approach or the other yields greater insight into the working of the model.Interest Rates; Interest; Price Level; Prices; Supply

History of Thorp, Kittitas County, State of Washington to 1901

This paper presents the history of Thorp, Washington, from its beginning to 1901. The study covers settlement, economic development, educational facilities, occupations, land use, road construction, and cultural characteristics of this area. It is presented in a chronological format with a topical table of contents for easy reference. A list of taped interviews is included in the appendix. Recommendations included use as a resource for teachers and students in the elementary and secondary school of Ellensburg, Washington

Stirring and mixing : 1999 Program of Summer Study in Geophysical Fluid Dynamics

The central theme of the 1999 GFD Program was the stirring, transport, reaction and mixing of passive and active tracers in turbulent, stratified, rotating fluids. The problem of mixing in fluids has applications in areas ranging from oceanography to engineering and astrophysics. In geophysical settings, mixing spans and unites a broad range of scales -- from micrometers to megameters. The mixing of passive tracers is of fundamental importance in environmental and industrial problems, such as pollution, and in determining the large-scale heat and salt balance of the worlds oceans. The transport of active tracers, on the other hand, such as vorticity, plays a key role in the turbulence that occurs in most geophysical and astrophysical fluids. William R. Young (Scripps Institution of Oceanography) gave a series of principal lectures, the notes of which as taken by the fellows, appear in this volume. Report of the projects of the student fellows makes up the second half of this volume.Funding was provided by the National Science Foundation under Grant No. OCE-9810647 and the Office of Naval Research under Grant No. NOO0l4-97-1-0934

Analysis of Traffic Crash Data in Kentucky 2015-2019

Executive Summary and Introduction This report documents an analysis of traffic crash data in Kentucky. A primary objective of this study was to determine average crash statistics for Kentucky highways. Where used, rates were calculated for various types of highways and for counties and cities. Difference criteria were used for exposure. Average and critical numbers, SPFs, and rates of crashes were calculated for various types of highways in rural and urban areas. These use crashes identified on highways where Annual Average Daily Traffic (AADT) volumes were available. The data in this report may be used to help identify problem areas. The other primary objective of this study was to provide data that can be used in the preparation of the problem identification portion of Kentucky’s Annual Highway Safety Plan (HSP). Crash statistics were analyzed and a summary of results and recommendations in several problem identification areas is presented. These general areas include; alcohol involvement, occupant protection, speed, teenage drivers, pedestrians, bicycles, motorcycles, trucks, and vehicle defects. Other areas included in the analysis for which specific recommendations were not made include, school bus crashes and train crashes. The crash data are stored in the Collision Report Analysis for Safer Highways (CRASH) database. This database is updated daily so the number of crashes in a given calendar year will continue to change for a substantial time after the end of that year. KTC captures an extract annually for analysis. Annual reports have previously been prepared since 1978 dealing with the calculation of statewide traffic crash rates for Kentucky and preparation of the problem identification portion of Kentucky’s Annual Highway Safety Plan. Traffic crash data for a five-year period were used in the preparation of this report. Kentucky has a systematic procedure to identify locations that have had abnormal rates or numbers of traffic crashes. However, before that procedure may be utilized, average crash rates and numbers must be determined for appropriate highway categories and for rural and urban areas. A primary objective of this study was to determine average traffic crash statistics for Kentucky. Those statistics may then be used in the high-crash location identification program to identify locations that should be investigated to determine whether changes should be made. A highway safety program is prepared each year for Kentucky in order to comply with Section 402, Title 23 of the United States Code. This program includes the identification, programming, budgeting, and evaluation of safety projects with the objective of reducing the number and severity of traffic crashes. The second major objective of this report is to provide data that may be included as the problem identification portion of Kentucky’s Annual Highway Safety Plan. Results from this report are used to provide benchmark data for that process

How complex do models need to be to predict dispersal of threatened species through matrix habitats?

Persistence of species in fragmented landscapes depends on dispersal among suitable breeding sites, and dispersal is often influenced by the "matrix" habitats that lie between breeding sites. However, measuring effects of different matrix habitats on movement and incorporating those differences into spatially explicit models to predict dispersal is costly in terms of time and financial resources. Hence a key question for conservation managers is: Do more costly, complex movement models yield more accurate dispersal predictions? We compared the abilities of a range of movement models, from simple to complex, to predict the dispersal of an endangered butterfly, the Saint Francis' satyr (Neonympha mitchellii francisci). The value of more complex models differed depending on how value was assessed. Although the most complex model, based on detailed movement behaviors, best predicted observed dispersal rates, it was only slightly better than the simplest model, which was based solely on distance between sites. Consequently, a parsimony approach using information criteria favors the simplest model we examined. However, when we applied the models to a larger landscape that included proposed habitat restoration sites, in which the composition of the matrix was different than the matrix surrounding extant breeding sites, the simplest model failed to identify a potentially important dispersal barrier, open habitat that butterflies rarely enter, which may completely isolate some of the proposed restoration sites from other breeding sites. Finally, we found that, although the gain in predicting dispersal with increasing model complexity was small, so was the increase in financial cost. Furthermore, a greater fit continued to accrue with greater financial cost, and more complex models made substantially different predictions than simple models when applied to a novel landscape in which butterflies are to be reintroduced to bolster their populations. This suggests that more complex models might be justifiable on financial grounds. Our results caution against a pure parsimony approach to deciding how complex movement models need to be to accurately predict dispersal through the matrix, especially if the models are to be applied to novel or modified landscapes

The Allen Telescope Array Twenty-centimeter Survey - A 690-Square-Degree, 12-Epoch Radio Dataset - I: Catalog and Long-Duration Transient Statistics

We present the Allen Telescope Array Twenty-centimeter Survey (ATATS), a multi-epoch (12 visits), 690 square degree radio image and catalog at 1.4GHz. The survey is designed to detect rare, very bright transients as well as to verify the capabilities of the ATA to form large mosaics. The combined image using data from all 12 ATATS epochs has RMS noise sigma = 3.94mJy / beam and dynamic range 180, with a circular beam of 150 arcsec FWHM. It contains 4408 sources to a limiting sensitivity of S = 20 mJy / beam. We compare the catalog generated from this 12-epoch combined image to the NRAO VLA Sky Survey (NVSS), a legacy survey at the same frequency, and find that we can measure source positions to better than ~20 arcsec. For sources above the ATATS completeness limit, the median flux density is 97% of the median value for matched NVSS sources, indicative of an accurate overall flux calibration. We examine the effects of source confusion due to the effects of differing resolution between ATATS and NVSS on our ability to compare flux densities. We detect no transients at flux densities greater than 40 mJy in comparison with NVSS, and place a 2-sigma upper limit on the transient rate for such sources of 0.004 per square degree. These results suggest that the > 1 Jy transients reported by Matsumura et al. (2009) may not be true transients, but rather variable sources at their flux density threshold.Comment: 41 pages, 19 figures, ApJ accepted; corrected minor typo in Table