487 research outputs found

    Coassembly is a homotopy limit map

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    We prove a claim by Williams that the coassembly map is a homotopy limit map. As an application, we show that the homotopy limit map for the coarse version of equivariant AA-theory agrees with the coassembly map for bivariant AA-theory that appears in the statement of the topological Riemann-Roch theorem.Comment: Accepted version. Several improvements from the referee, including a more elegant proof of Lemma 3.

    The Housing Bubble: Is It Back?

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    In the last decade, there was an unprecedented run-up in house prices in most parts of the country. It was easy to recognize this run-up as a bubble since there was no remotely corresponding increase in rents, which for the most part just tracked inflation during this period. There was also no evidence of a shortage of housing supply. Housing starts were at near record highs from 2002 to 2005. In addition, the vacancy rate as reported by the Commerce Department was at near record highs through most of this period. With weak job and wage growth throughout most of this period, it was possible to recognize the run-up as a bubble even without knowing anything about the proliferation of bad loans in the mortgage market.The run-up in real house prices in the bubble years was almost completely reversed in the subsequent crash. While the first-time homebuyers' tax credit temporarily stopped and reversed the decline, house prices continued to fall until the spring of 2012. Since then, the market has recovered much of the lost ground. While it is still 20.1 percent below the bubble peaks of 2006 in real terms, inflation-adjusted house prices are now 37.7 percent above their level in 1996, before the beginnings of the bubble.While these prices may seem somewhat high, there is little basis for concern that the national market has again entered a bubble

    Decade of Reform: Ecuador's Macroeconomic Policies, Institutional Changes, and Results

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    This paper looks at some of the institutional, policy, and regulatory changes enacted by the government of Ecuador, as well as overall economic and social indicators, over the decade since the Correa government took office

    The Book of Joshua: its Theme and Use in Discussions of the Israelite Conquest and Settlement and the Relationship of Archaeology and the Bible

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    Problem. It has been suggested that the biblical account of the Israelite conquest of Canaan and the archaeological data are incompatible. This study evaluates the five main Israelite settlement theories and reevaluates the Book of Joshua as it relates to archaeology. Method. Chapter 1 surveys the five archaeological theories of the Israelite emergence in Canaan. Chapter 2 critiques each theory. Chapter 3 examines the Book of Joshua from an archaeological and thematic perspective. Chapter 4 highlights presuppositions that have been brought to the archaeological data and the Book of Joshua. Chapter 5 uses the discussions of chapters 2, 3, and 4 to identify the main issues in the relationship between archaeology and the Book of Joshua. Chapter 6 summarizes the study\u27s conclusions. Results. This study demonstrates that each of the settlement theories has weaknesses. By misapplying the Book of Joshua and selectively using archaeological materials, each theory has created a false construct. The archaeology of sites connected to the Book of Joshua provides little evidence that can be related to that book, while the Book of Joshua itself provides few specific details useful to archaeologists. This situation has been interpreted to mean that the Book of Joshua is unhistorical. This study has determined that archaeology and the Book of Joshua are unique theories that rarely intersect. Conclusion. The central purpose of the Book of Joshua is confirmation of the presence and power of YHWH when the Israelites entered Canaan. Its theme is not conquest, but rather confirmation of YHWH. Archaeology has been seen as an objective measure of the truthfulness of the historical statements of the Book of Joshua. Archaeology, rather than being objective data, is itself, like the Book of Joshua, a theology proposed by its presenters. This study supports the view that the lack of evidence for destructions mentioned in the Book of Joshua is not the same as evidence. If the archaeological data and the Book of Joshua are allowed a wide spectrum of interpretation, they are compatible. It is simplistic assumptions about the Book of Joshua and archaeology that are incompatible

    The French Economy, European Authorities, and the IMF: "Structural Reform" or Increasing Employment?

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    This paper looks at two competing views among economists and other observers, of how the French economy can overcome mass unemployment and have a more robust recovery. One view sees the unemployment and economic stagnation of the past decade as overwhelmingly structural. An alternative narrative, mostly from the Left but with some elements adopted by the far Right, sees the most immediate problem as one of inadequate demand in the economy.The authors find that France's unemployment rate, which has averaged 9.1 percent over the last decade, is not the product of "structural" barriers, but rather due to political choices made by the French government and European authorities. With inflation well below target, real borrowing costs at about zero, and a low current interest burden on the debt, it would make much more economic sense for the government -- and the eurozone as well -- to pursue an expansionary fiscal policy that increases employment

    Life After Debt in Puerto Rico: How Many More Lost Decades?

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    As Puerto Rico enters the legal debt restructuring process, this paper examines the future prospects for an economy that has had no growth over the last ten years — a lost decade. The facts indicate that the fiscal plan approved by Puerto Rico's Financial Oversight Board will not lead to an economic recovery in the foreseeable future and that another lost decade, or worse, is a much more likely outcome. Nor will the proposed restructuring satisfy creditors, who may then further impede economic recovery by taking legal action in an attempt to collect the full value of the bonds they hold. The paper also notes the recent historical and structural causes of the economy's decline, which led to the debt crisis; and that these, too, will need to be addressed if Puerto Rico is ever to have a sustainable recovery

    Institute of Archaeology & Horn Archaeological Museum Newsletter Volume 21.2

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    Claoma Fearing: A Favorite Dig Volunteer Dies, David Merling Claoma: A Photo Essay Memorial Random Surveyhttps://digitalcommons.andrews.edu/iaham-news/1002/thumbnail.jp

    Equivariant infinite loop space theory, I. The space level story

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    We rework and generalize equivariant infinite loop space theory, which shows how to construct G-spectra from G-spaces with suitable structure. There is a naive version which gives naive G-spectra for any topological group G, but our focus is on the construction of genuine G-spectra when G is finite. We give new information about the Segal and operadic equivariant infinite loop space machines, supplying many details that are missing from the literature, and we prove by direct comparison that the two machines give equivalent output when fed equivalent input. The proof of the corresponding nonequivariant uniqueness theorem, due to May and Thomason, works for naive G-spectra for general G but fails hopelessly for genuine G-spectra when G is finite. Even in the nonequivariant case, our comparison theorem is considerably more precise, giving a direct point-set level comparison. We have taken the opportunity to update this general area, equivariant and nonequivariant, giving many new proofs, filling in some gaps, and giving some corrections to results in the literature.Comment: 94 page

    The Relationship Between Archaeology and the Bible

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