58,795 research outputs found
Role of non parity fundamentals in exchange rate determination:Australia and the asia pacific region
Iterated smoothed bootstrap confidence intervals for population quantiles
This paper investigates the effects of smoothed bootstrap iterations on
coverage probabilities of smoothed bootstrap and bootstrap-t confidence
intervals for population quantiles, and establishes the optimal kernel
bandwidths at various stages of the smoothing procedures. The conventional
smoothed bootstrap and bootstrap-t methods have been known to yield one-sided
coverage errors of orders O(n^{-1/2}) and o(n^{-2/3}), respectively, for
intervals based on the sample quantile of a random sample of size n. We sharpen
the latter result to O(n^{-5/6}) with proper choices of bandwidths at the
bootstrapping and Studentization steps. We show further that calibration of the
nominal coverage level by means of the iterated bootstrap succeeds in reducing
the coverage error of the smoothed bootstrap percentile interval to the order
O(n^{-2/3}) and that of the smoothed bootstrap-t interval to O(n^{-58/57}),
provided that bandwidths are selected of appropriate orders. Simulation results
confirm our asymptotic findings, suggesting that the iterated smoothed
bootstrap-t method yields the most accurate coverage. On the other hand, the
iterated smoothed bootstrap percentile method interval has the advantage of
being shorter and more stable than the bootstrap-t intervals.Comment: Published at http://dx.doi.org/10.1214/009053604000000878 in the
Annals of Statistics (http://www.imstat.org/aos/) by the Institute of
Mathematical Statistics (http://www.imstat.org
Noncommutative D-Brane in Non-Constant NS-NS B Field Background
We show that when the field strength H of the NS-NS B field does not vanish,
the coordinates X and momenta P of an open string endpoints satisfy a set of
mixed commutation relations among themselves. Identifying X and P with the
coordinates and derivatives of the D-brane world volume, we find a new type of
noncommutative spaces which is very different from those associated with a
constant B field background.Comment: 11 pages, Latex, minor modification
The Role of Non-Parity Fundamentals in Exchange Rate Determination: Australia and the Asia Pacific Region
This paper extends the literature by looking at the contribution of non-parity variables after extracting the impact of parity variables on exchange rates of Australia and the Asia Pacific countries. Exchange rates are examined using high- and low-frequency multi-country panel time series data for a group of trade-related nations in the Asia Pacific, including Japan. Our findings suggest that exchange rate is affected by growth rate, and trade and capital flows: other less significant variables include sovereign debt; balance of payments; money supply; and trade openness. It also confirms that interest rate has significant effect on exchange rates while price effect is not significant in short run regressions. These key findings are robust across different time intervals, thus showing new findings on the exchange rate dynamics consistent with theories.
On-site wastewater reuse technology options in Australia
Domestic wastewater reuse is currently not permitted anywhere in Australia but is widely supported by the community, promoted by researchers, and improvised by up to 20% of householders. Its widespread implementation will make an enormous contribution to the sustainability of water resources. Integrated with other strategies in the outdoor living environment of settlements in arid lands great benefit will be derived. This paper describes six options for wastewater reuse under research by the Remote Area Developments Group (RADG) at Murdoch University and case studies are given where productive use is being made for revegetation and food production strategies at household and community scales. Pollution control techniques, public health precautions and maintenance requirements are described. The special case of remote Aboriginal communities is explained where prototype systems have been installed by RADG to generate windbreaks and orchards. New Australian design standards and draft guidelines for domestic greywater reuse produced by the Western Australian state government agencies for mainstream communities are evaluated. It is recommended that dry composting toilets be coupled with domestic greywater reuse and the various types available in Australia are described. For situations where only the flushing toilet will suffice the unique "net composting" system can be used and this also is described. A vision for household and community-scale on-site application is presented
Comments on `` Black Hole Entropy from Conformal Field Theory in Any Dimension ''
In a recent letter, Carlip proposed a generalization of the
Brown-Henneaux-Strominger construction to any dimension. We present two
criticisms about his formulation.Comment: 4 pages, Enriched version for the accepted one (Phys. Rev. Lett.
- …