DSGE Models in a Data-Rich Environment.

Standard practice for the estimation of dynamic stochastic general equilibrium (DSGE) models maintains the assumption that economic variables are properly measured by a single indicator, and that all relevant information for the estimation is summarized by a small number of data series. However, recent empirical research on factor models has shown that information contained in large data sets is relevant for the evolution of important macroeconomic series. This suggests that conventional model estimates and inference based on estimated DSGE models might be distorted. In this paper, we propose an empirical framework for the estimation of DSGE models that exploits the relevant information from a data-rich environment. This framework provides an interpretation of all information contained in a large data set, and in particular of the latent factors, through the lenses of a DSGE model. The estimation involves Markov-Chain Monte-Carlo (MCMC) methods. We apply this estimation approach to a state-of-the-art DSGE monetary model. We find evidence of imperfect measurement of the model's theoretical concepts, in particular for inflation. We show that exploiting more information is important for accurate estimation of the model's concepts and shocks, and that it implies different conclusions about key structural parameters and the sources of economic fluctuations.DSGE models ; Measurement error ; Large data sets ; Factor models ; Forecasting ; MCMC ; Bayesian estimation.

Nuclear Periphery in Mean-Field Models

The halo factor is one of the experimental data which describes a distribution of neutrons in nuclear periphery. In the presented paper we use Skyrme-Hartree (SH) and the Relativistic Mean Field (RMF) models and we calculate the neutron excess factor $\Delta_B$ defined in the paper which differs slightly from halo factor $f_{\rm exp}$. The results of the calculations are compared to the measured data.Comment: Proceedings of the Xth Nuclear Physics Workshop, Maria and Pierre Curie, Kazimierz Dolny, Poland, Sept 24-28, 2003; LaTex, 4 pages, 3 figure

Multi-particle quantum chaos in tilted optical lattices

We show that, in the parameter regime of state of the art experiments on Bose Einstein Condensates loaded into optical lattices, the energy spectrum of the 1D Bose-Hubbard model amended by a static field exhibits unambiguous signatures of quantum chaos. In the dynamics, this leads to the irreversible decay of Bloch oscillations.Comment: 3 pages, 3 figur

A proposed course of study for boys\u27 physical education in senior high school

Teachers in physical education, in common with all other teachers, are confronted with two problems. One relates to the question of what to teach and the other related to the question of how to teach. The first is referred to as the content of the curriculum, and the second is considered the technique of teaching. The application of sound teaching techniques with the use of properly selected and organized activities will increase the effectiveness of skills teaching. This thesis does not take up the technique or method of teaching, rather it is concerned with the matter of formulating a partial course of study for some of the activities that should be taught at Lodi Union High School

Escape Orbits for Non-Compact Flat Billiards

It is proven that, under some conditions on $f$, the non-compact flat billiard $\Omega = \{ (x,y) \in \R_0^{+} \times \R_0^{+};\ 0\le y \le f(x) \}$ has no orbits going {\em directly} to $+\infty$. The relevance of such sufficient conditions is discussed.Comment: 9 pages, LaTeX, 3 postscript figures available at http://www.princeton.edu/~marco/papers/ . Minor changes since previously posted version. Submitted to 'Chaos

Genericity of blackhole formation in the gravitational collapse of homogeneous self-interacting scalar fields

The gravitational collapse of a wide class of self-interacting homogeneous scalar fields models is analyzed. The class is characterized by certain general conditions on the scalar field potential, which, in particular, include both asymptotically polynomial and exponential behaviors. Within this class, we show that the generic evolution is always divergent in a finite time, and then make use of this result to construct radiating star models of the Vaidya type. It turns out that blackholes are generically formed in such models.Comment: 18 pages, 4 figure

Quantum chaos in one dimension?

In this work we investigate the inverse of the celebrated Bohigas-Giannoni-Schmit conjecture. Using two inversion methods we compute a one-dimensional potential whose lowest N eigenvalues obey random matrix statistics. Our numerical results indicate that in the asymptotic limit, N->infinity, the solution is nowhere differentiable and most probably nowhere continuous. Thus such a counterexample does not exist.Comment: 7 pages, 10 figures, minor correction, references extende

Quantum Chaos in the Bose-Hubbard model

We present a numerical study of the spectral properties of the 1D Bose-Hubbard model. Unlike the 1D Hubbard model for fermions, this system is found to be non-integrable, and exhibits Wigner-Dyson spectral statistics under suitable conditions.Comment: 4 pages, 4 figure