Conditional variances in UK regional house prices

The returns of house price indices for the 13 UK regions are modelled using time series processes, including conditional variances. The first conclusion is that the UK follows the USA, with some regions displaying time-varying variances and others with constant variances. Secondly, there is limited evidence of an asymmetric component in six of the seven regions displaying autoregressive conditional heteroskedasticity. Thirdly, the results suggest that there are three distinct housing markets in the UK, based on common structures within their mean and variance processes, and that South West England is the region driving the other time-varying variances. Variances conditionnelles dans les prix regionaux de l'immobilier au Royaume-Uni Resume Les resultats de l'indice des prix de l'immobilier pour les 13 regions du Royaume-Uni sont modelises ici au moyen de procedes de series chronologiques, y compris des variances conditionnelles. La premiere conclusion est que le Royaume-Uni suit les Etats-Unis, certaines regions presentant des variances temporelles, d'autres des variances constantes. Deuxiemement, on releve peu de traces d'un composant asymetrique dans six des sept regions presentant une heteroscedasticite conditionnelle autoregressive. Troisiemement, les resultats indiquent qu'il y aurait trois marches de l'immobilier distincts au Royaume-Uni, sur la base de structures communes dans le cadre de leurs procedes moyens et de variance, et que le sud-ouest de l'Angleterre est la region qui dynamise les autres variances temporelles. Varianzas condicionales en los precios regionales de la vivienda en el Reino Unido Extracto Las cifras de los indices de precios de la vivienda en 13 regiones del Reino Unido se modelan utilizando procesos de series temporales, incluyendo varianzas condicionales. La primera conclusion es que el Reino Unido sigue a los EE UU, con varias regiones que muestran varianzas fluctuantes con el tiempo y otras con varianzas constantes. En segundo lugar, existe evidencia limitada de un componente asimetrico en seis de las siete regiones que muestran una heteroesquedacidad condicional autorregresiva. En tercer lugar, los resultados sugieren que existen tres mercados distintivos de la vivienda en el Reino Unido, basados en estructuras comunes dentro de sus procesos de media y varianza, y que el sudoeste de Inglaterra es la region que dirige las otras varianzas fluctuantes con el tiemp

Injury of Aboriginal and Torres Strait Islander people due to transport: 2005-06 to 2009-10

This report looks at death and serious injury of Aboriginal and Torres Strait Islander people in Australia due to transport accidents in the five-year period 2005-06 to 2009-10. Land transport accidents accounted for 26% of all fatal injury cases and 9% of all serious injury cases for Aboriginal and Torres Strait Islander people. The age-standardised rate for Aboriginal and Torres Strait Islander people was 2.8 times the rate for Other Australians for fatal cases, and 1.3 times the rate for Other Australians for serious injuries

Mare Geneticum : Balancing Governance of Marine Genetic Resources in International Waters

Peer reviewedPublisher PD

Generalized Hot Enhancons

We review what has been learnt and what remains unknown about the physics of hot enhancons following studies in supergravity. We recall a rather general family of static, spherically symmetric, non-extremal enhancon solutions describing D4 branes wrapped on K3 and discuss physical aspects of the solutions. We embed these solutions in the six dimensional supergravity describing Type IIA strings on K3 and generalize them to have arbitrary charge vector. This allows us to demonstrate the equivalence with a known family of hot fractional D0 brane solutions, to widen the class of solutions of this second type and to carry much of the discussion across from the D4 brane analysis. In particular we argue for the existence of a horizon branch for these branes.Comment: 25 pages, Late

Better communication research project : language and literacy attainment of pupils during early years and through KS2 : does teacher assessment at five provide a valid measure of children's current and future educational attainments?

It is well-established that language skills are amongst the best predictors of educational success. Consistent with this, findings from a population-based longitudinal study of parents and children in the UK indicate that language development at the age of two years predicts children’s performance on entering primary school. Moreover, children who enter school with poorly developed speech and language are at risk of literacy difficulties and educational underachievement is common in such children. Whatever the origin of children’s problems with language and communication, the poor educational attainment of children with language learning difficulties is an important concern for educational polic

Cyclic Proofs and Coinductive Principles

It is possible to provide a proof for a coinductive type using a corecursive function coupled with aguardedness condition. The guardedness condition, however, is quiterestrictive and many programs which are in fact productive and do not compromise soundness will be rejected. We present a system of cyclic proof for an extension of System F extended with sums, products and (co)inductive types. Using program transformation techniques we are able to take some programs whose productivity is suspected and transform them, using a suitable theory of equivalence, into programs for which guardedness is syntactically apparent. The equivalence of the proof prior and subsequent to transformation is given by a bisimulation relation.