Human Resource Practices and Organizational Commitment: A Deeper Examination

This paper examines newer conceptualizations of HRM practices in the HR-Performance Relationship as well as newer conceptualizations of commitment. Juxtaposing these categories of HR practices and types of commitment provides a clearer theoretical rational for at least some ways that HR practices can influence organizational performance, be that positive or negative. Implications for research are then discussed

Real exchange rate movements and the relative price of non-traded goods

We study the quarterly bilateral real exchange rate and the relative price of non-traded to traded goods for 1225 country pairs over 1980?2005. We show that the two variables are positively correlated, but that movements in the relative price measure are smaller than those in the real exchange rate. The relation between the two variables is stronger when there is an intense trade relationship between two countries and when the variance of the real exchange rate between them is small. The relation does not change for rich/poor country bilateral pairs or for high inflation/low inflation country pairs. We identify an anomaly: The relation between the real exchange rate and relative price of non-traded goods for US/EU bilateral trade partners is unusually weak.Trade

U.S. real exchange rate fluctuations and relative price fluctuations

This paper studies the relation between the United States? bilateral real exchange rate and the associated bilateral relative price of nontraded goods for five of its most important trade relationships. Traditional theory attributes fluctuations in real exchange rates to changes in the relative price of nontraded goods. We find that this relation depends crucially on the choice of price series used to measure relative prices and on the choice of trade partner. The relation is stronger when we measure relative prices using producer prices rather than consumer prices. The relation is stronger the more important is the trade relationship between the United States and a trade partner. Even in cases where there is a strong relation between the real exchange rate and the relative price of nontraded goods, however, a large fraction of real exchange rate fluctuations is due to deviations from the law of one price for traded goods.Foreign exchange rates ; Prices ; International trade ; International finance ; Monetary policy

Flight test of passive wing/store flutter suppression

Flight tests were performed on an F-16 airplane carrying on each wing an AIM-9J wingtip missile, a GBU-8 bomb near midspan, and an external fuel tank. Baseline flights with the GBU-8 mounted on a standard pylon established that this configuration is characterized by an antisymmetric limited amplitude flutter oscillation within the operational envelope. The airplane was then flown with GBU-8 mounted on the decoupler pylon. The decoupler pylon is a NASA concept of passive wing-store flutter suppression achieved by providing a low store-pylon pitch frequency. The decoupler pylon successfully suppressed wing-store flutter throughout the flight envelope. A 37 percent increase in flutter velocity over the standard pylon was demonstrated. Maneuvers with load factors to 4g were performed. Although the static store displacements during maneuvers were not sufficiently large to be of concern, a store pitch alignment system was tested and performed successfully. One GBU-8 was ejected demonstrating that weapon separation from the decoupler pylon is normal

Flight test of a decoupler pylon for wing/store flutter suppression

The decoupler pylon is a NASA concept of passive wing-store flutter suppression achieved by providing a low store-pylon pitch frequency. Flight tests were performed on an F-16 aircraft carrying on each wing an AIM-9J wingtip missile, a GBU-8 bomb near midspan, and an external fuel tank. Baseline flights with the GBU-8 mounted on a standard pylon established that this configuration is characterized by an antisymmetric limited amplitude flutter oscillation within the operational envelope. The airplane was then flown with the GBU-8 mounted on the decoupler pylon. The decoupler pylon successfully suppressed wing-store flutter throughout the flight envelope. A 37-percent increase in flutter velocity over the standard pylon was demonstrated. Maneuvers with load factors to 4g were performed. Although the static store displacements during maneuvers were not sufficiently large to be of concern, a store pitch alignment system was tested and performed successfully. One GBU-8 was ejected demonstrating that weapon separation from the decoupler pylon is normal. Experience with the present decoupler pylon design indicated that friction in the pivoting mechanism could affect its proper functioning as a flutter suppressor

Modified US Army U-8F ground vibration test

The Dryden Flight Research Facility of NASA Ames Research Center conducted a ground vibration test on a modified U.S. Army U-8F airplane. Modifications included new engines, propellers, and engine-mounted truss assemblies. The ground vibration test was conducted using sine dwell, single-point random, and impact excitations. The test was performed to determine modal frequencies, mode shapes, and structural damping coefficients of the airframe and propeller with full and empty fuel tanks. The data presented include frequency response plots, rigid-body and structural modal frequencies, and mode shapes

Real Exchange Rate Movements and the Relative Price of Non-traded Goods

We study the quarterly bilateral real exchange rate and the relative price of non-traded to traded goods for 1225 country pairs over 1980-2005. We show that the two variables are positively correlated, but that movements in the relative price measure are smaller than those in the real exchange rate. The relation between the two variables is stronger when there is an intense trade relationship between two countries and when the variance of the real exchange rate between them is small. The relation does not change for rich/poor country bilateral pairs or for high inflation/low inflation country pairs. We identify an anomaly: The relation between the real exchange rate and relative price of non-traded goods for US/EU bilateral trade partners is unusually weak.

Using the new products margin to predict the industry-level impact of trade reform

This paper develops a methodology for predicting the impact of trade liberalization on exports by industry (3-digit ISIC) based on the pre-liberalization distribution of exports by product (5-digit SITC). Using the results of Kehoe and Ruhl (2013) that much of the growth in trade after trade liberalization is in products that are traded very little or not at all, we predict that industries with a higher share of exports generated by least traded products will experience more growth. Using our methodology, we develop predictions for industry-level changes in trade for the United States and Korea following the U.S.-Korea Free Trade Agreement (KORUS). As a test for our methodology, we show that it performs significantly better than the applied general equilibrium models originally used for the policy evaluation of the North American Free Trade Agreement (NAFTA)