Bayesian Estimation of DSGE Models

We survey Bayesian methods for estimating dynamic stochastic general equilibrium (DSGE) models in this article. We focus on New Keynesian (NK)DSGE models because of the interest shown in this class of models by economists in academic and policy-making institutions. This interest stems from the ability of this class of DSGE model to transmit real, nominal, and fiscal and monetary policy shocks into endogenous fluctuations at business cycle frequencies. Intuition about these propagation mechanisms is developed by reviewing the structure of a canonical NKDSGE model. Estimation and evaluation of the NKDSGE model rests on being able to detrend its optimality and equilibrium conditions, to construct a linear approximation of the model, to solve for its linear approximate decision rules, and to map from this solution into a state space model to generate Kalman filter projections. The likelihood of the linear approximate NKDSGE model is based on these projections. The projections and likelihood are useful inputs into the Metropolis-Hastings Markov chain Monte Carlo simulator that we employ to produce Bayesian estimates of the NKDSGE model. We discuss an algorithm that implements this simulator. This algorithm involves choosing priors of the NKDSGE model parameters and fixing initial conditions to start the simulator. The output of the simulator is posterior estimates of two NKDSGE models, which are summarized and compared to results in the existing literature. Given the posterior distributions, the NKDSGE models are evaluated with tools that determine which is most favored by the data. We also give a short history of DSGE model estimation as well as pointing to issues that are at the frontier of this research.

Computing coset leaders and leader codewords of binary codes

In this paper we use the Gr\"obner representation of a binary linear code $\mathcal C$ to give efficient algorithms for computing the whole set of coset leaders, denoted by $\mathrm{CL}(\mathcal C)$ and the set of leader codewords, denoted by $\mathrm L(\mathcal C)$. The first algorithm could be adapted to provide not only the Newton and the covering radius of $\mathcal C$ but also to determine the coset leader weight distribution. Moreover, providing the set of leader codewords we have a test-set for decoding by a gradient-like decoding algorithm. Another contribution of this article is the relation stablished between zero neighbours and leader codewords

New Structure In The Shapley Supercluster

We present new radial velocities for 189 galaxies in a 91 sq. deg region of the Shapley supercluster measured with the FLAIR-II spectrograph on the UK Schmidt Telescope. The data reveal two sheets of galaxies linking the major concentrations of the supercluster. The supercluster is not flattened in Declination as was suggested previously and it may be at least 30 percent larger than previously thought with a correspondingly larger contribution to the motion of the Local Group.Comment: LaTex: 2 pages, 1 figure, includes conf_iap.sty style file. To appear in proceedings of The 14th IAP Colloquium: Wide Field Surveys in Cosmology, held in Paris, 1998 May 26--30, eds. S.Colombi, Y.Mellie

Measuring Thickness and Pretilt in Reflective Vertically Aligned Nematic Liquid Crystal Displays

Pretilt angle is a parameter of the utmost importance in the ultimate performance of vertically-aligned negative nematic LC displays. When these devices work in reflective mode, as is the LCOS microdisplays, accurate measurement of pretilt angles becomes a difficult problem, since usual experimental setups based on retardation of the polarization components of the impinging light are proportional to the product effective birefringence (neff - no) times thickness, and any attempt to separate these variables is cancelled out by symmetry. This work shows a relatively simple method capable of separating both variables. An experimental setup specifically aimed at vertically aligned reflective cells has been prepared. At the same time, a simulation model has been developed taking into account the properties of actual reflective displays. Comparison between experimental and theoretical results shows some discrepancies that can be explained assuming that the LC profile contains a residual twist. Including that twist in the model, an excellent agreement between theory and experiment has been achieved. Matching of simulations and measurements yields to the separate determination of pretilt angle and thickness and gives good estimates for the residual twist angle

Control System for the LEDA 6.7-MeV Proton Beam Halo Experiment

Measurement of high-power proton beam-halo formation is the ongoing scientific experiment for the Low Energy Demonstration Accelerator (LEDA) facility. To attain this measurement goal, a 52-magnet beam line containing several types of beam diagnostic instrumentation is being installed. The Experimental Physics and Industrial Control System (EPICS) and commercial software applications are presently being integrated to provide a real-time, synchronous data acquisition and control system. This system is comprised of magnet control, vacuum control, motor control, data acquisition, and data analysis. Unique requirements led to the development and integration of customized software and hardware. EPICS real-time databases, Interactive Data Language (IDL) programs, LabVIEW Virtual Instruments (VI), and State Notation Language (SNL) sequences are hosted on VXI, PC, and UNIX-based platforms which interact using the EPICS Channel Access (CA) communication protocol. Acquisition and control hardware technology ranges from DSP-based diagnostic instrumentation to the PLC-controlled vacuum system. This paper describes the control system hardware and software design, and implementation.Comment: LINAC2000 Conference, 4 pg

V-Shape Liquid Crystal-Based Retromodulator Air to Ground Optical Communications

This paper describes the use of a 2D liquid crystal retro-modulator as a free space, wireless, optical link. The retro-modulator is made up of a retro-reflecting cornercube onto which 2 cascaded V-shape smectics liquid crystal modulators are mounted. The communication link differs with respect to more conventional optical links in not using amplitude (nor frequency) modulation, but instead state-of-polarisation (SOP) modulation known as Polarisation Shift Keying (PolSK). PolSK has the advantage over amplitude modulation, that it is less sensitive to changes in the visibility of the atmosphere, and increases inherently the bandwidth of the link. The implementation of PolSK both in liquid crystal based and in retro-modulated communication are novelties