73 research outputs found
Weak Lensing Effects on the Galaxy Three-Point Correlation Function
We study the corrections to the galaxy three-point correlation function
(3PCF) induced by weak lensing magnification due to the matter distribution
along the line of sight. We consistently derive all the correction terms
arising up to second order in perturbation theory and provide analytic
expressions as well as order of magnitude estimates for their relative
importance. The magnification contributions depend on the geometry of the
projected triangle on the sky plane, and scale with different powers of the
number count slope and redshift of the galaxy sample considered. We evaluate
all terms numerically and show that, depending on the triangle configuration as
well as the galaxy sample considered, weak lensing can in general significantly
contribute to and alter the three-point correlation function observed through
galaxy and quasar catalogs.Comment: 24 pages, 11 figures; version accepted for publication in Phys. Rev.
D; v2: typos corrected, figure caption clarifie
Testing the New Keynesian Phillips Curve through Vector Autoregressive models: Results from the Euro area.
In this paper we set out a test of the New Keynesian Phillips Curve (NKPC) based on Vector Autoregressive (VAR) models. The proposed technique does not rely on the Anderson and Moore (1985) method and can be implemented with any existing econometric software. The idea is to use a VAR involving the inflation rate and the forcing variable(s) as the expectation generating system and find the restrictions that nest the NKPC within the VAR. The model can be estimated and tested through maximum likelihood methods. We show that the presence of feedbacks from the inflation rate to the forcing variable(s) can affect solution properties of the NKPC; when feedbacks are detected the VAR should be regarded as the final form solution of a more general structural model. Possible non-stationary in the variables can be easily taken into account within our framework. Empirical results point that the standard "hybrid" versions of the NKPC are far from being a good first approximation to the dynamics of inflation in the Euro area
The empirical relevance of the New Keynesian Phillips curve.
The dynamic properties of the The New Keynesian Phillips curve (NPC) is analysed within the framework of a small system of linear difference equations. We evaluate the empirical results of existing studies which uses `Euroland' and US data. The debate has been centered around the goodness-of-fit, but this is a weak criterion since the NPC-fit is typically well approximated by purely statistical models (e.g., a random walk). Several other parametric tests are then considered, and the importance of modelling a system that includes the forcing variables as well as the rate of inflation is emphasized. We also highlight the role of existing studies in providing new information relative to that which underlies the typical NPC. This encompassing approach is applied to open economy versions of the NPC for UK and NorwayNew Keynesian Phillips curves, US inflation, Euro inflation, UK inflation, Norwegian inflation, Monetary policy, Dynamic stability conditions, Evaluation, Encompassing tests.
Testing the New Keynesian Phillips Curve through Vector Autoregressive models : Results from the Euro area.
In this paper we set out a test of the New Keynesian Phillips Curve (NKPC) based on Vector Autoregressive (VAR) models. The proposed technique does not rely on the Anderson and Moore (1985) method and can be implemented with any existing econometric software. The idea is to use a VAR involving the inflation rate and the forcing variable(s) as the expectation generating system and find the restrictions that nest the NKPC within the VAR. The model can be estimated and tested through maximum likelihood methods. We show that the presence of feedbacks from the inflation rate to the forcing variable(s) can a?ect solution properties of the NKPC; when feedbacks are detected the VAR should be regarded as the final form solution of a more general structural model. Possible non-stationary in the variables can be easily taken into account within our framework. Empirical results point that the standard “hybrid” versions of the NKPC are far from being a good first approximation to the dynamics of inflation in the Euro area.Inflation dynamics, New Keynesian Phillips Curve, Forwardlooking behavior, VEqCM.
Tax Convergence and Globalization
This paper addresses three questions: 1. Is there evidence that the tax systems of different countries have converged (i.e., become more similar) in the period 1980-2010? 2. If so, what is the explanation for this convergence? 3. Is convergence a positive or negative development
Processing of iron ore fines by column flotation – Part I & part II
The Government of India highlighted Processing and utilization of iron ore fines as a pre-requisite to meet the domestic raw material requirements for the projected 110 million tonnes of domestic steel production by the year 2019-20 in the National Steel Policy announced in November 2005. This would require 190 million tonnes of iron are. The depletion of high grade iron are and increased generation of fines during mining and handling and demand for high grade iron are fines for export has necessitated the processing of low to medium grade fines. The R&D efforts undertaken at NML-Madras Centre, India in this direction have been highlighted. Flotation in general and Column Flotation in particular appear to be promising
in addressing this problem. This would also mitigate the
environmental problem created by the dumping of huge quantities of low and medium grade iron are fines. Three case studies involving iron ore fines of varying silica and
alumina content from Goa and Bellary-Hospet regions of India were discussed. The results clearly indicate the feasibility and significance of flotation process in
treating the fines to obtain marketable concentrates
Induction and Amplification of Non-Newtonian Gravitational Fields
One obtains a Maxwell-like structure of gravitation by applying the
weak-field approximation to the well accepted theory of general relativity or
by extending Newton's laws to time-dependent systems. This splits gravity in
two parts, namely a gravitoelectric and gravitomagnetic (or cogravitational)
one. Due to the obtained similar structure between gravitation and
electromagnetism, one can express one field by the other one using a coupling
constant depending on the mass to charge ratio of the field source.
Calculations of induced gravitational fields using state-of-the-art fusion
plasmas reach only accelerator threshold values for laboratory testing.
Possible amplification mechanisms are mentioned in the literature and need to
be explored. The possibility of using the principle of equivalence in the weak
field approximation to induce non-Newtonian gravitational fields and the
influence of electric charge on the free fall of bodies are also investigated,
leading to some additional experimental recommendations
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