Online Appendix to "The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models"

This appendix details the derivation of a number of results reported in "The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models," which appears in the Review of Economic Dynamics.

Walking Basketball Program: : Evaluation Report for Basketball Victoria

Modified sport programs were initially developed for young children and were aimed at providing an opportunity to participate in a modified version of the adult-based sport. This involved modifying the sport to suit young participants and included changing the equipment, rules and/or physical space, in an effort to make sport more accessible and enjoyable for young children. In the past seven years, this concept has been further developed to cater for adults and older adults, by accommodating those with reduced physical capabilities, such as injury rehabilitation, or for those seeking to re-engage with sport. The most popular iteration has been walking sports. Walking football (soccer) was first developed in the U.K. in 2011, before rugby, netball and basketball organisations similarly modified their rules and game structure, to make sport more accessible for those who do not engage with sport in its traditional format. In most of these walking sport programs, the participants tend to be older adults. The aim of this report was to, firstly, understand current older adult participation trends in basketball, using the Sport and Recreation Spatial project data. The second component of this report was to evaluate Basketball Victoria’s walking basketball program, by evaluating two current programs in the Melbourne metropolitan area. The evaluation involved interviewing the program facilitators and conducting focus groups with the program participants

Common Ribs of Inhibitory Synaptic Dysfunction in the Umbrella of Neurodevelopmental Disorders

The term neurodevelopmental disorder (NDD) is an umbrella term used to group together a heterogeneous class of disorders characterized by disruption in cognition, emotion, and behavior, early in the developmental timescale. These disorders are heterogeneous, yet they share common behavioral symptomatology as well as overlapping genetic contributors, including proteins involved in the formation, specialization, and function of synaptic connections. Advances may arise from bridging the current knowledge on synapse related factors indicated from both human studies in NDD populations, and in animal models. Mounting evidence has shown a link to inhibitory synapse formation, specialization, and function among Autism, Angelman, Rett and Dravet syndromes. Inhibitory signaling is diverse, with numerous subtypes of inhibitory interneurons, phasic and tonic modes of inhibition, and the molecular and subcellular diversity of GABAA receptors. We discuss common ribs of inhibitory synapse dysfunction in the umbrella of NDD, highlighting alterations in the developmental switch to inhibitory GABA, dysregulation of neuronal activity patterns by parvalbumin-positive interneurons, and impaired tonic inhibition. Increasing our basic understanding of inhibitory synapses, and their role in NDDs is likely to produce significant therapeutic advances in behavioral symptom alleviation for interrelated NDDs. Highlights • Human studies and animal models need to be bridged in neurodevelopmental disorders • Inhibitory signaling emerges as a common contributor to neurodevelopmental disorders • Inhibitory signaling is diverse in mode, source, and target • Systematic evaluation of inhibitory diversity is lacking in neurodevelopment • Understanding of inhibitory signaling diversity will advance therapeutic strategie

How Useful Are Estimated DSGE Model Forecasts for Central Bankers?

bank, banker, DSGE, forecast, macroeconomic

Welfare-maximizing monetary policy under parameter uncertainty

This paper examines welfare-maximizing monetary policy in an estimated micro-founded general equilibrium model of the U.S. economy where the policymaker faces uncertainty about model parameters. Uncertainty about parameters describing preferences and technology implies not only uncertainty about the dynamics of the economy. It also implies uncertainty about the model's utility-based welfare criterion and about the economy's natural rate measures of interest and output. We analyze the characteristics and performance of alternative monetary policy rules given the estimated uncertainty regarding parameter estimates. We find that the natural rates of interest and output are imprecisely estimated. We then show that, relative to the case of known parameters, optimal policy under parameter uncertainty responds less to natural-rate terms and more to other variables, such as price and wage inflation and measures of tightness or slack that do not depend on natural rates.Monetary policy

Microbial Biodiversity of Thermophilic Communities in Hot Mineral Soils of Tramway Ridge, Mt. Erebus, Antarctica

Only a few studies have looked at microbial biogeography in soils and whether microorganisms are endemic to an area is still debatable. Tramway Ridge, a geothermal area on Mount Erebus, Antarctica, provides a unique opportunity due to its isolation and extreme conditions to explore the possibilities of microbial endemism and to identify novel Bacteria and Archaea. This site was chosen for a culture-independent study with a preliminary culturing survey for bacterial communities along three temperature gradients (65 C - 2.5'C). In addition, a physico-chemical analysis was undertaken to identify which environmental factors were driving the different diversity along the transects. An automated rRNA intergenic spacer analysis (ARISA) was used to assess the diversity across the transects using Bacteria and Cyanobacteria-specific primers and results showed that temperature and pH were the main drivers for these communities. Due to its unique physico-chemical and ARISA profile, a hot temperature site (T-3A, 65'C) was chosen for further investigation by bacterial and archaeal 16S rDNA clone libraries. Unique rDNA types among the 78 bacterial and 83 archaeal clones were identified by restriction fragment length polymophisms and 18 bacterial and 5 archaeal operational taxonomic units (gt97% identity) were observed. All of the bacterial sequences were deeply branching and loosely affiliated with other recognised bacterial divisions, with 40% of the sequences not affiliated to any genus. The archaeal clones were found to be deep-branching and sequences clustered together within the Crenarcaheota. In addition, two strains of Bacilli were isolated. The novel microorganisms show that the Tramway Ridge communities are unique from organisms found in other environments and show that quotEverything is (not) everywherequot

Disability Prevention Among Michigan Employers

This chapter briefly discusses the magnitude of the problem of disability in the workplace. It also presents an overview of the three and one-half year research project for which this Final Report is the product. It highlights the origins of the project and the major design elements that are reflected in this report. It concludes with a discussion of the remaining limitations of the research

TPS design for aerobraking at Earth and Mars

An investigation was made to determine the feasibility of using an aerobrake system for manned and unmanned missions to Mars, and to Earth from Mars and lunar orbits. A preliminary thermal protection system (TPS) was examined for five unmanned small nose radius, straight bi-conic vehicles and a scaled up Aeroassist Flight Experiment (AFE) vehicle aerocapturing at Mars. Analyses were also conducted for the scaled up AFE and an unmanned Sample Return Cannister (SRC) returning from Mars and aerocapturing into Earth orbit. Also analyzed were three different classes of lunar transfer vehicles (LTV's): an expendable scaled up modified Apollo Command Module (CM), a raked cone (modified AFT), and three large nose radius domed cylinders. The LTV's would be used to transport personnel and supplies between Earth and the moon in order to establish a manned base on the lunar surface. The TPS for all vehicles analyzed is shown to have an advantage over an all-propulsive velocity reduction for orbit insertion. Results indicate that TPS weight penalties of less than 28 percent can be achieved using current material technology, and slightly less than the most favorable LTV using advanced material technology