Inflation persistence during periods of structural change: an assessment using Greek data

The paper estimates inflation persistence in Greece from 1975 to 2003, a period of high variation in inflation and changes in policy regimes. Two empirical methodologies, univariate autoregressive (AR) modelling and second-generation random coefficient (RC) modelling, are employed to estimate inflation persistence. The empirical results from all the procedures suggest that inflation persistence was high during the inflationary period and the first six years of the disinflationary period, while it started to decline after 1997, when inflationary expectations seem to have been stabilised, and thus, monetary policy was effective at reducing inflation. Empirical findings also detect a sluggish response of inflation to changes in monetary policy. This observed delay seems to have changed little over time. JEL Classification: E31, E37CPI inflation, Persistence, structural change

Inflation Persistence during Periods of Structural Change: An Assessment Using Greek Data

The paper estimates inflation persistence in Greece from 1975 to 2003, a period of high variation in inflation and changes in policy regimes. Three empirical methodologies, univariate autoregressive (AR) modelling, second-generation random coefficient (RC) modelling, and vector autoregressive (VAR) modelling, are employed to estimate inflation persistence. The empirical results from all the procedures suggest that inflation persistence was high during the inflationary period and the first six years of the disinflationary period, while it started to decline after 1997, when inflationary expectations seem to have been stabilised, and thus, monetary policy was effective at reducing inflation. Empirical findings also detect a sluggish response of inflation to changes in monetary policy. This observed delay seems to have changed little over time.CPI inflation; persistence; structural change

Spatially resolved observations of warm ionized gas and feedback in local ULIRGs

We present VLT/VIMOS-IFU emission-line spectroscopy of a volume limited sample of 18 southern ULIRGs selected with z<0.09 and dec<10. By covering a wide range of ULIRG types, this dataset provides an important set of templates for comparison with high-redshift galaxies. We employed an automated Gaussian line fitting program to decompose the emission line profiles of Halpha, [NII], [SII], and [OI] into individual components, and chart the Halpha kinematics, and the ionized gas excitations and densities. 11/18 of our galaxies show evidence for outflowing warm ionized gas with speeds between 500 and a few 1000 km/s, with the fastest outflows associated with systems that contain an AGN. Our spatially resolved spectroscopy has allowed us to map the outflows, and in some cases determine for the first time to which nucleus the wind is associated. In three of our targets we find line components with widths >2000 km/s over spatially extended regions in both the recombination and forbidden lines; in two of these three, they are associated with a known Sy2 nucleus. Eight galaxies have clear rotating gaseous disks, and for these we measure rotation velocities, virial masses, and calculate Toomre Q parameters. We find radial gradients in the emission line ratios in a significant number of systems in our study. We attribute these gradients to changes in ionizing radiation field strength, most likely due to an increasing contribution of shocks with radius. We conclude with a detailed discussion of the results for each individual system, with reference to the existing literature. Our observations demonstrate that the complexity of the kinematics and gas properties in ULIRGs can only be disentangled with high sensitivity, spatially resolved IFU observations. Many of our targets are ideal candidates for future high spatial resolution follow-up observations.Comment: 44 pages, 8 figures, 3 tables, accepted to MNRA

The Use of Bootstrapped Malmquist Indices to Reassess Productivity Change Findings: An Application to a Sample of Polish Farms

The paper assesses the extent to which sampling variation affects findings about Malmquist productivity change derived using Data Envelopment Analysis (DEA), in the first stage calculating productivity indices and in the second stage investigating the farm-specific change in productivity. Confidence intervals for Malmquist indices are constructed using Simar and Wilson's (1999) bootstrapping procedure. The main contribution of the paper is to account in the second stage for the information provided by the bootstrap in the first stage. The DEA standard errors of the Malmquist indices given by bootstrapping are employed in an innovative heteroscedastic panel regression, using a maximum likelihood procedure. The application is to a sample of 250 Polish farms over the period 1996-2000. The confidence interval's results suggest that contrary to what was reported by previous studies, the second half of 1990s for Polish farms was characterised not so much by productivity regress but rather by stagnation. As for the determinants of farm productivity change, we find that the integration of the DEA standard errors in the second-stage regression is significant in explaining a proportion of the variance in the error term. Although our heteroscedastic regression results differ with those from the standard Ordinary Least Squares, in terms of significance (fewer parameters are significant in our heteroscedastic regression) and sign (of the parameter of the share of other income in total income), they are consistent with theory and previous research. Family farms concentrating on farming experienced larger productivity progress than farms with hired labour and income diversification.productivity, Malmquist, bootstrapping, second-stage regression, Poland, Productivity Analysis,

BRCA and Early Events in the Development of Serous Ovarian Cancer

Women who have an inherited mutation in the BRCA1 or BRCA2 genes have a substantial increased lifetime risk of developing epithelial ovarian cancer (EOC), and epidemiological factors related to parity, ovulation, and hormone regulation have a dramatic effect on the risk in both BRCA mutation carriers and non-carriers. The most common and most aggressive histotype of EOC, high-grade serous carcinoma (HGSC), is also the histotype associated with germline BRCA mutations. In recent years, evidence has emerged indicating that the likely tissue of origin of HGSC is the fallopian tube. We have reviewed, what is known about the fallopian tube in BRCA mutation carriers at both the transcriptional and translational aspect of their biology. We propose that changes of the transcriptome in BRCA heterozygotes reflect an altered response to the ovulatory stresses from the microenvironment, which may include the post-ovulation inflammatory response and altered reproductive hormone physiology

Three Decades in the Cold and Wet: A Career in Northern Archaeology

Thomas H. McGovern has been a pioneering researcher in the North Atlantic region for most of the past 40 years. He has taken his specialty in zooarchaeology beyond counting bones to actually addressing questions about human environment interactions and human response to extreme environmental events. A prolific writer and researcher with a multitude of publications and an impressive funding record, McGovern has always been a proponent of multidisciplinarity and international collaboration. His vision resulted in the creation of the North Atlantic Biocultural Organization (NABO) that currently has more than 400 scientific partners and has been leading projects throughout the Circum Atlantic for over 25 years. The interconnectivity of regions and global events has always been the key to his research, and as of last year, with support from the National Science Foundation Office of Polar Programs, it resulted in the creation of the Global Human Ecodynamics Alliance (GHEA) that is now taking interdisciplinarity and international collaboration to a global perspective

The Sleeping Monster: NuSTAR observations of SGR 1806-20, 11 years after the Giant Flare

We report the analysis of 5 NuSTAR observations of SGR 1806-20 spread over a year from April 2015 to April 2016, more than 11 years following its Giant Flare (GF) of 2004. The source spin frequency during the NuSTAR observations follows a linear trend with a frequency derivative $\dot{\nu}=(-1.25\pm0.03)\times10^{-12}$ Hz s$^{-1}$, implying a surface dipole equatorial magnetic field $B\approx7.7\times10^{14}$ G. Thus, SGR 1806-20 has finally returned to its historical minimum torque level measured between 1993 and 1998. The source showed strong timing noise for at least 12 years starting in 2000, with $\dot{\nu}$ increasing one order of magnitude between 2005 and 2011, following its 2004 major bursting episode and GF. SGR 1806-20 has not shown strong transient activity since 2009 and we do not find short bursts in the NuSTAR data. The pulse profile is complex with a pulsed fraction of $\sim8\%$ with no indication of energy dependence. The NuSTAR spectra are well fit with an absorbed blackbody, $kT=0.62\pm0.06$ keV, plus a power-law, $\Gamma=1.33\pm0.03$. We find no evidence for variability among the 5 observations, indicating that SGR 1806-20 has reached a persistent and potentially its quiescent X-ray flux level after its 2004 major bursting episode. Extrapolating the NuSTAR model to lower energies, we find that the 0.5-10 keV flux decay follows an exponential form with a characteristic timescale $\tau=543\pm75$ days. Interestingly, the NuSTAR flux in this energy range is a factor of $\sim2$ weaker than the long-term average measured between 1993 and 2003, a behavior also exhibited in SGR $1900+14$. We discuss our findings in the context of the magnetar model.Comment: 10 pages, 5 figures, accepted for publication in Ap