Macroeconomic Synchronization and Monetary Unions: Is the Euro Area more Synchronous than other Monetary Unions and are Monetary Unions more Synchronous than non-Monetary Unions?

Within currency unions, the conventional wisdom is that there should be a high degree of macroeconomic synchronicity between the constituent parts of the union. But this has not been tested compared to a base sample of countries that do not belong to a monetary union, so this paper endeavors to do exactly that. Although the US is probably one of the longest standing monetary unions in existence, there are others such as Canada and Australia, which have similar federalist structures and relatively independent States or Provinces. In this paper we take euro area data, US State macro data, Canadian provincial data and Australian state data �namely real Gross State Product (GSP), the GSP de�ator and unemployment data �and use techniques relating to recurrence plots to measure the degree of synchronicity of movement over time. The results are expected to show that for the most part monetary unions are more synchronous than non-monetary unions and that the euro area data is highly synchronous, particularly since the �financial crisis, compared to other monetary unions

Measuring the deliverable and impressible dimensions of service experience

Service innovation has become a priority within the field of innovation management and is increasingly focused on creating memorable experiences that can result in customer loyalty. Studies of experience design suggest individual service elements to be managed when staging an experience, whereas conceptual models in the literature emphasize the holistic way in which an experience is perceived. In short, service experience is greater than the sum of its parts. Therefore, successful innovation management requires the ability to understand and measure the mechanisms by which service innovations impact customers' experiences. Our research addresses this need by identifying dimensions of service experience and developing a tool for their measurement. Using a three stage process of systematic literature review, rigorous scale development and reduction, and validation, we identify six dimensions of the service experience and develop scales to measure each one. This results in a model of service innovation that highlights the levers through which a company's service innovation efforts can result in memorable experiences and ultimately new service success

Musketeer 1971

Xavier Student Yearbook, published from 1924-2005. Not published: 1943-46, 1972-73, 1988-89, 2006-current.https://www.exhibit.xavier.edu/xavier_yearbook/1081/thumbnail.jp

1951 Commencement Program

https://dc.suffolk.edu/comm/1025/thumbnail.jp

1951 Commencement Program

May 28, 1951https://digitalcommons.cedarville.edu/commencement_printed_materials/1082/thumbnail.jp

Palynostratigraphy and Bayesian Age Stratigraphic Model of New CA-ID-TIMS Zircon Ages from the Walloon Coal Measures, Surat Basin, Australia

The Surat Basin hosts significant coal and coal seam gas resources. New high-precision CA-TIMS U/Pb zircon ages from tuffs and Bayesian age stratigraphic models are combined with palynology from fine-grained sedimentary rocks and zircon trace elements to provide further chronostratigraphic and biostratigraphic constrains on the Walloon Coal Measures in the eastern margin of the Surat Basin and infer the palaeoenvironment and tectonic setting. The tuff ages range from 165.88 ± 0.11 Ma to 158.84 ± 0.05 Ma, with those from the stratigraphically lower Taroom Coal Measures ranging from 165.88 ± 0.11 to 163.05 ± 0.08 Ma and Juandah Coal Measures ranging from 159.91 ± 0.04 to 158.84 ± 0.05 Ma. This corroborates that the lower part of the Walloon Coal Measures is Callovian and the upper part is Oxfordian. The palynology results from mudstones show that all samples are dominated by microfossils of spore-pollen with conifers being the most abundant. Our samples fall withinPrice’s (1997) stratigraphic zonation of APJ4.2 and APJ4.3. Posterior ages for palynology samples were estimated through Bayesian age stratigraphic modelling using stratigraphic depths and U-Pb zircon ages. The palaeoenvironment in the eastern portion of the basin is inferred to be predominantly fluvial, with spores and pollen derived from fresh water or terrestrial plants. Higher concentrations of green algae in one sample suggest that at times the water was somewhat stagnant. The zircons were derived from predominantly intermediate magmas, as indicated by the generally low Ti, Ta, and Nb values. The tectonic environment that the zircons were derived from was most likely a continental subduction zone due to their high U/Yb, low Nb/Yb and relatively low Hf concentrations. These new data support previous conclusions of the Surat Basin palaeoenvironment, contribute to the ongoing discussion about the tectonic setting of the basin and add new regional age marker horizons

1950 Commencement Program

https://dc.suffolk.edu/comm/1024/thumbnail.jp

Public investment and budget rules for state vs. local governments

Across different layers of the U.S. government there are surprisingly large differences in institutional provisions that impose fiscal discipline, such as constitutionally mandated deficit or debt limits, or specific tax bases. In this paper we develop a framework that can be used to quantitatively assess their costs and benefits. The model features both endogenous and exogenous mobility across jurisdictions, so we can evaluate whether the different degree of mobility at the local vs. national level can justify different institutional restrictions. In preliminary results, we show that pure land taxes have very beneficial incentive effects, but can only raise limited amounts of revenues. In contrast, under exogenous mobility, income taxes lead unambiguously to insufficient incentives to invest in public capital, unless the fiscal constraints explicitly favor such investment. This conclusion seems to hold even with the introduction of endogenous mobility, since adverse congestion effects from inefficient migration offset the beneficial impact of (partial) capitalization of future taxes into land prices.State finance ; Local finance ; Investments