Identification and Classification of Stratospheric Sudden Warming Events

Analysis of northern hemisphere stratospheric data from 1978-2011 is used to identify and classify Stratospheric Sudden Warming events. A total of 41 events are identified during this 33 year period, resulting in an average occurrence rate of 1.24 events/year. No significant variation in the rate is observed during the period analyzed. The average temperature increase during an SSW event is 12 K and the average duration is 32 days. Each identified event is classified as either a vortex displacement or split event and the ratio of displacement to split events is found to be 0.86

Convergence and anchoring of yield curves in the euro area

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries using high-frequency bond yield data for France, Germany, Italy and Spain. We find that Economic and Monetary Union (EMU) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional daily fluctuations, and conditional responses to major macroeconomic data announcements. Our findings also suggest a substantial increase in the anchoring of long-term inflation expectations since EMU, particularly for Italy and Spain, which since monetary union have seen their long-term interest rates become much lower, much less volatile, and much better anchored in response to news. Finally, the reaction of far-ahead forward interest rates to macroeconomic announcements has converged substantially across euro area countries and even been eliminated over time, thus underlining not only market integration but also the credibility that financial markets attach to monetary policy in the euro area. JEL Classification: E52, E58anchoring, bond markets, convergence, credibility, EMU, euro area, monetary policy

Convergence and anchoring of yield curves in the Euro area

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries using high-frequency bond yield data for France, Germany, Italy and Spain. We find that Economic and Monetary Union (EMU) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional daily fluctuations, and conditional responses to major macroeconomic data announcements. Our findings also suggest a substantial increase in the anchoring of long-term inflation expectations since EMU, particularly for Italy and Spain, which since monetary union have seen their long-term interest rates become much lower, much less volatile, and much better anchored in response to news. Finally, the reaction of far-ahead forward interest rates to macroeconomic announcements has converged substantially across euro area countries and even been eliminated over time, thus underlining not only market integration but also the credibility that financial markets attach to monetary policy in the euro area.Bond market

Central Bank communication and monetary policy: a survey of theory and evidence

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real-world developments have spawned a huge new scholarly literature on central bank communication —mostly empirical, and almost all of it written in this decade. We survey this evergrowing literature. The evidence suggests that communication can be an important and powerful part of the central bank’s toolkit since it has the ability to move financial markets, to enhance the predictability of monetary policy decisions, and potentially to help achieve central banks’ macroeconomic objectives. However, the large variation in communication strategies across central banks suggests that a consensus has yet to emerge on what constitutes an optimal communication strategy. JEL Classification: E52, E58Central Bank, communication, monetary policy

Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real-world developments have spawned a huge new scholarly literature on central bank communication—mostly empirical, and almost all of it written in this decade. We survey this ever-growing literature. The evidence suggests that communication can be an important and powerful part of the central bank’s toolkit since it has the ability to move financial markets, to enhance the predictability of monetary policy decisions, and potentially to help achieve central banks’ macroeconomic objectives. However, the large variation in communication strategies across central banks suggests that a consensus has yet to emerge on what constitutes an optimal communication strategy.

Einfluss des Rührens von Rindergülle auf den pH-Wert während der Lagerung

Slurry is known as a source of ammonia (NH3), methane (CH4) and nitrous oxide (N2O) emissions. NH3 emissions depend on the pH value of the slurry and previous studies show that emissions could be reduced by lowering the pH. In order to estimate the influence of stirring on the pH and the NH3 emission potential of cattle slurry, three treatments (A not stirred, B stirred for 1 x 60 min and C stirred for 6 x 10 min per day) were compared. The results show that no positive effects of stirring cattle slurry, neither in economic nor in ecological terms, can be expected

The sedimentary legacy of a palaeo-ice stream on the shelf of the southern Bellingshausen Sea: Clues to West Antarctic glacial history during the Late Quaternary

A major trough ("Belgica Trough") eroded by a palaeo-ice stream crosses the continental shelf of the southern Bellingshausen Sea (West Antarctica) and is associated with a trough mouth fan ("Belgica TMF") on the adjacent continental slope. Previous marine geophysical and geological studies investigated the bathymetry and geomorphology of Belgica Trough and Belgica TMF, erosional and depositional processes associated with bedform formation, and the temporal and spatial changes in clay mineral provenance of subglacial and glaciomarine sediments. Here, we present multi-proxy data from sediment cores recovered from the shelf and uppermost slope in the southern Bellingshausen Sea and reconstruct the ice-sheet history since the last glacial maximum (LGM) in this poorly studied area of West Antarctica. We combined new data (physical properties, sedimentary structures, geochemical and grain-size data) with published data (shear strength, clay mineral assemblages) to refine a previous facies classification for the sediments. The multi-proxy approach allowed us to distinguish four main facies types and to assign them to the following depositional settings: 1) subglacial, 2) proximal grounding-line, 3) distal sub-ice shelf/sub-sea ice, and 4) seasonal open-marine. In the seasonal open-marine fades we found evidence for episodic current-induced winnowing of near-seabed sediments on the middle to outer shelf and at the uppermost slope during the late Holocene. In addition, we obtained data on excess Pb-210 activity at three core sites and 44 AMS C-14 dates from the acid-insoluble fraction of organic matter (AIO) and calcareous (micro-) fossils, respectively, at 12 sites. These chronological data enabled us to reconstruct, for the first time, the timing of the last advance and retreat of the West Antarctic Ice Sheet (WAIS) and the Antarctic Peninsula Ice Sheet (APIS) in the southern Bellingshausen Sea. We used the down-core variability in sediment provenance inferred from clay mineral changes to identify the most reliable AIO C-14 ages for ice-sheet retreat. The palaeo-ice stream advanced through Belgica Trough after similar to 36.0 corrected C-14 ka before present (B.P.). It retreated from the outer shelf at similar to 25.5 ka B.P, the middle shelf at similar to 19.8 ka B.P., the inner shelf in Eltanin Bay at similar to 12.3 ka B.P., and the inner shelf in Ronne Entrance at similar to 6.3 ka B.P. The retreat of the WAIS and APIS occurred slowly and stepwise, and may still be in progress. This dynamical ice-sheet behaviour has to be taken into account for the interpretation of recent and the prediction of future mass-balance changes in the study area. The glacial history of the southern Bellingshausen Sea is unique when compared to other regions in West Antarctica, but some open questions regarding its chronology need to be addressed by future work. (C) 2010 Elsevier Ltd. All rights reserved

Optical differentiation between cashmere and other textile fibres by laser diffraction

This paper reports a novel method to differentiate cashmere from synthetic fibres and even from other wool fibres with the help of laser diffraction patterns. In the diffraction pattern, only natural fibres depict additional spots above and below the actual diffraction plane. These spots can be used to distinguish different fibre materials by comparing their length-to-height aspect ratio with standard values. Especially, it can be recognized that the diffraction lines above and below the diffraction plane are significantly longer and finer for cashmere fibres than for any other wool

Modular detergents tailor the purification and structural analysis of membrane proteins including G-protein coupled receptors

Detergents enable the purification of membrane proteins and are indispensable reagents instructural biology. Even though a large variety of detergents have been developed in the lastcentury, the challenge remains to identify guidelines that allowfine-tuning of detergents forindividual applications in membrane protein research. Addressing this challenge, here weintroduce the family of oligoglycerol detergents (OGDs). Native mass spectrometry (MS)reveals that the modular OGD architecture offers the ability to control protein purificationand to preserve interactions with native membrane lipids during purification. In addition to abroad range of bacterial membrane proteins, OGDs also enable the purification and analysisof a functional G-protein coupled receptor (GPCR). Moreover, given the modular design ofthese detergents, we anticipatefine-tuning of their properties for specific applications instructural biology. Seen from a broader perspective, this represents a significant advance forthe investigation of membrane proteins and their interactions with lipids

High energy gamma ray balloon instrument

The High Energy Gamma Ray Balloon Instrument was built in part to verify certain subsystems' performance for the Energetic Gamma Ray Experiment Telescope (EGRET) instrument, the high energy telescope to be carried on the Gamma Ray Observatory. This paper describes the instrument, the performance of some subsystems, and some relevant results