Moderate inflation and the deflation-depression link

In a recent paper, Atkeson and Kehoe (2004) demonstrated the lack of a robust empirical relationship between inflation and growth for a cross-section of countries with 19th and 20th century data, concluding that the historical evidence only provides weak support for the contention that deflation episodes are harmful to economic growth. In this paper, we revisit this relationship by allowing for inflation and growth to have a nonlinear specification dependent on inflation levels. In particular, we allow for the possibility that high inflation is negatively correlated with growth, while a positive relationship exists over the range of negative-to-moderate inflation. Our results confirm a positive relationship between inflation and growth at moderate inflation levels, and support the contention that the relationship between inflation and growth is non-linear over the entire sample range.Inflation (Finance)

Tracking magnetic bright point motions through the solar atmosphere

High-cadence, multiwavelength observations and simulations are employed for the analysis of solar photospheric magnetic bright points (MBPs) in the quiet Sun. The observations were obtained with the Rapid Oscillations in the Solar Atmosphere (ROSA) imager and the Interferometric Bidimensional Spectrometer at the Dunn Solar Telescope. Our analysis reveals that photospheric MBPs have an average transverse velocity of approximately 1 km s−1, whereas their chromospheric counterparts have a slightly higher average velocity of 1.4 km s−1. Additionally, chromospheric MBPs were found to be around 63 per cent larger than the equivalent photospheric MBPs. These velocity values were compared with the output of numerical simulations generated using the MURAM code. The simulated results were similar, but slightly elevated, when compared to the observed data. An average velocity of 1.3 km s−1 was found in the simulated G-band images and an average of 1.8 km s−1 seen in the velocity domain at a height of 500 km above the continuum formation layer. Delays in the change of velocities were also analysed. Average delays of ∼4 s between layers of the simulated data set were established and values of ∼29 s observed between G-band and Ca II K ROSA observations. The delays in the simulations are likely to be the result of oblique granular shock waves, whereas those found in the observations are possibly the result of a semi-rigid flux tube

Nanoflare Activity in the Solar Chromosphere

We use ground-based images of high spatial and temporal resolution to search for evidence of nanoflare activity in the solar chromosphere. Through close examination of more than 10^9 pixels in the immediate vicinity of an active region, we show that the distributions of observed intensity fluctuations have subtle asymmetries. A negative excess in the intensity fluctuations indicates that more pixels have fainter-than-average intensities compared with those that appear brighter than average. By employing Monte Carlo simulations, we reveal how the negative excess can be explained by a series of impulsive events, coupled with exponential decays, that are fractionally below the current resolving limits of low-noise equipment on high-resolution ground-based observatories. Importantly, our Monte Carlo simulations provide clear evidence that the intensity asymmetries cannot be explained by photon-counting statistics alone. A comparison to the coronal work of Terzo et al. (2011) suggests that nanoflare activity in the chromosphere is more readily occurring, with an impulsive event occurring every ~360s in a 10,000 km^2 area of the chromosphere, some 50 times more events than a comparably sized region of the corona. As a result, nanoflare activity in the chromosphere is likely to play an important role in providing heat energy to this layer of the solar atmosphere.Comment: 7 pages, 3 figures, accepted into Ap

Life, Lawyers, and Book Royalties

When I was a child and life was sweet, innocent, and full of fun, there were no lawyers

A Coprological Survey of Golden Mantled Howler Monkeys (Alouatta palliata palliata) in the Osa Peninsula, Costa Rica

Interactions between free-ranging primates and their associated parasitic forms continue to be a point of interest in ecology for several reasons. External and internal parasitism is not atypical for wild populations of primates, and the repercussions of these relationships can range from benign to life-threatening and capable of altering the structure of naturally occurring groups. The ecological relationship between the golden mantled howler monkey (Alouatta palliata palliata) and its host-specific ectoparasite, the howler monkey bot fly (Alouattamyia baeri) poses significant potential detriment to the overall body quality and success of the host primate. A. p. palliata has also been recorded as a host to a number of gastrointestinal parasites. We suspect that the colonization of a primate by one parasite species may prove to diminish host condition and increase susceptibility for additional parasitic establishment. The objectives of this research project are to (1) measure the density and species richness of both external and internal parasites inhabiting golden-mantled howler monkeys, (2) provide information on the overall parasite load for howler monkeys in a protected region of Costa Rica, (3) provide information on the relative densities of internal parasites in the presence or absence of howler monkey bot flies, and (4) document any existing relationships between parasite presence, density, and species richness as a function of host primate demographics including age class and sex