Macroeconometric Modelling with a Global Perspective

This paper provides a synthesis and further development of a global modelling approach introduced in Pesaran, Schuermann and Weiner (2004), where country specific models in the form of VARX* structures are estimated relating a vector of domestic variables to their foreign counterparts and then consistently combined to form a Global VAR (GVAR). It is shown that VARX* models can be derived as the solution to a dynamic stochastic general equilibrium (DSGE) model where over-identifying long-run theoretical relations can be tested and imposed if acceptable. Similarly, short-run over-identifying theoretical restrictions can be tested and imposed if accepted. The assumption of the weak exogeneity of the foreign variables for the long-run parameters can be tested, where foreign variables can be interpreted as proxies for global factors. Rather than using deviations from ad hoc statistical trends, the equilibrium values of the variables reflecting the long-run theory embodied in the model can be calculated

RAPTOR USE OF ARTIFICIAL PERCHES AT NATURAL AREAS, CITY OF FORT COLLINS, COLORADO

The black-tailed prairie dog (Cynomys ludovicianus) remains a critical element of the prairie ecosystem even though its numbers and occupied range have declined dramatically since the arrival of Europeans in North America (Antol in et al. 2002). Prairie dog colonies are used by many species of wildlife and help maintain high levels of biodiversity (Kotliar et al. 1999). In the urban-suburban setting, the occurrence of prairie dog colonies also provides opportunities for wildlife viewing and environmental education. Unfortunately, prairie dogs also can come into conflict with humans, especially in the urban-suburban setting, where they cause vegetation and property damage, and pose a health threat attributable to periodic plague (Yersinia pestis) outbreaks (Witmer et al. 2003). Efforts to reduce conflicts can involve colony relocation or management so that the prairie dog population and occupied area does not increase (e.g., lethal or non-lethal removal, construction of physical barriers around the colony; Witmer et al. 2003). frtificial perches, placed at prairie dog colonies, can attract raptors, while providing for public viewing of raptors. The artificial perches, if strategically placed, also might increase predation on prairie dogs, slowing the increase in the size of the colony (Witmer et al. 2003). This approach has been used in other settings in an attempt to reduce rodent populations or damage, but most researchers reported little success in rodent control (e.g., Howard et al. 1985, Askham 1990, Moore and Van Vuren 1998, Wolff et al. 1999). A few researchers, however, reported that increased use of artificial perches might help reduce rodent numbers and damage (e.g., Kay et al. 1994, Mulner 2000, Hafidzi and Mohd 2003). In our region, this management practice might be especially effective given the paucity of trees (i.e., natural perches) in the shortgrass prairie outside riparian systems (Weaver et al. 1996). The objective of this study was to document the use of artificial perches by raptors and the food habits of these raptors within the city limits of Fort Collins, Colorado

RAPTOR USE OF ARTIFICIAL PERCHES AT NATURAL AREAS, CITY OF FORT COLLINS, COLORADO

The black-tailed prairie dog (Cynomys ludovicianus) remains a critical element of the prairie ecosystem even though its numbers and occupied range have declined dramatically since the arrival of Europeans in North America (Antol in et al. 2002). Prairie dog colonies are used by many species of wildlife and help maintain high levels of biodiversity (Kotliar et al. 1999). In the urban-suburban setting, the occurrence of prairie dog colonies also provides opportunities for wildlife viewing and environmental education. Unfortunately, prairie dogs also can come into conflict with humans, especially in the urban-suburban setting, where they cause vegetation and property damage, and pose a health threat attributable to periodic plague (Yersinia pestis) outbreaks (Witmer et al. 2003). Efforts to reduce conflicts can involve colony relocation or management so that the prairie dog population and occupied area does not increase (e.g., lethal or non-lethal removal, construction of physical barriers around the colony; Witmer et al. 2003). frtificial perches, placed at prairie dog colonies, can attract raptors, while providing for public viewing of raptors. The artificial perches, if strategically placed, also might increase predation on prairie dogs, slowing the increase in the size of the colony (Witmer et al. 2003). This approach has been used in other settings in an attempt to reduce rodent populations or damage, but most researchers reported little success in rodent control (e.g., Howard et al. 1985, Askham 1990, Moore and Van Vuren 1998, Wolff et al. 1999). A few researchers, however, reported that increased use of artificial perches might help reduce rodent numbers and damage (e.g., Kay et al. 1994, Mulner 2000, Hafidzi and Mohd 2003). In our region, this management practice might be especially effective given the paucity of trees (i.e., natural perches) in the shortgrass prairie outside riparian systems (Weaver et al. 1996). The objective of this study was to document the use of artificial perches by raptors and the food habits of these raptors within the city limits of Fort Collins, Colorado

Franchising as a Strategy for Combining Small and Large Group Advantages (Logics) in Social Entrepreneurship:A Hayekian Perspective

This article develops a Hayekian perspective on social franchising that distinguishes between the end-connected logic of the small group and the rule-connected logic of the big group. Our key claim is that mission-driven social entrepreneurs often draw on the small-group logic when starting their social ventures and then face difficulties when the process of scaling shifts their operations toward a big-group logic. In this situation, social franchising offers a strategy to replicate the small group despite systemwide scaling, to mobilize decentrally accessible social capital, and to reduce agency costs through mechanisms of self-selection and self-monitoring. By employing a Hayekian perspective, we are thus able to offer an explanation as to why social franchising is a suitable scaling strategy for some social entrepreneurship organizations and not for others. We illustrate our work using the Ashoka Fellow Wellcome

Simultaneous two-photon excitation of photodynamic therapy agents

The spectroscopic and photochemical properties of several photosensitive compounds are compared using conventional single-photon excitation (SPE) and simultaneous two-photon excitation (TPE). TPE is achieved using a mode-locked titanium:sapphire laser, the near infrared output of which allows direct promotion of non-resonant TPE. Excitation spectra and excited state properties of both type 1 and type 2 photodynamic therapy (PDT) agents are examined