12,369 research outputs found
Searching for Keynes: An Essay on the Political Economy of Fiscal Policy, with Application to Canada, 1870-2000 - revised version
Keynes' General Theory (1936) is arguably one of the most important books of the twentieth century. His ideas for stabilizing the aggregate economy have profoundly influenced economic theory as well as popular opinion about what governments can and should do with respect to the business cycle. On the other hand, whether Keynesian theory has substantially altered the course of public policy remains an open question. In this paper we identify the elements required for any investigation of the impact of Keynes' ideas on policy choices and then conduct our own 'search for Keynes', applying an intertemporal spatial voting framework to study the fiscal history of the Government of Canada from 1870 to 2000. The long time series allows the construction of a counterfactual – one of several essential elements - showing what governments would have planned to do ‘after Keynes’, if Keynes' ideas had not in fact been present. Our results suggest that textbook Keynesianism is identifiable in the Canadian data.Keynesianism, spatial voting, permanent versus transitory policy, political equilibrium, liquidity constraints
Evolution of 4 pi observables in the Vlasov-Uehling-Uhlenbeck theory and the transverse momentum transfer as a barometer for hadronic matter
We study the dynamics of high energy heavy ion collisions through the Vlasov-Uehling-Uhlenbeck approach. Equilibration is observed, for central collisions. It is shown that the produced entropy, the pion multiplicity, flow angle, and transverse momentum distributions saturate at the moment of maximum compression and temperature. The effects of the nuclear equation of state and the Pauli principle are investigated. For the flow angle distribution there is a 20 deg reduction of the peak flow angle due to the Pauli principle. A stiff equation of state results in a 10–20 deg increase over the soft equation of state at all energies. The transverse momentum at projectile rapidity exhibits a peak structure as a function of impact parameter b. A 40% difference between soft and hard equation of state is observed for the peak impact parameter, i.e., for intermediate multiplicities
Political Competition and Convergence to Fundamentals: With Application to the Political Business Cycle and the Size of Government
We address the problem of how to investigate whether economics, or politics, or both, matter in the explanation of public policy. The problem is first posed in a particular context by uncovering a political business cycle (using Canadian data for 130 years) and by taking up the challenge to make this fact meaningful by finding a transmission mechanism through actual public choices. Since the cycle is in real growth, and it is reasonable to suppose that public expenditure would be involved, the central task then is to investigate the role of (partisan and opportunistic) political factors, as opposed to economic fundamentals, in the evolution of government size.We proceed by asking whether the data allow us to distinguish between the convergence and the nonconvergence hypotheses. Convergence means that political competition forces public spending to converge in the long run to a level dictated by endowments, tastes and technology. Nonconvergence is taken to mean that political factors other than the degree of political competition prevent convergence to that long run. The general idea here, one that may be applied in any situation where the key issue is the role of economics versus politics over time, is that an overtly political factor can be said to play a distinct role in the evolution of public choices if it can be shown to lead to departures from a dynamic path defined by the evolution of economic fundamentals in a competitive political system.public expenditure, size of government, long run versus short run, opportunism, partisanship, political competition, cointegration
Income Taxation—Sale of a Business—Covenant Not to Compete—Tax Consequences of Unrealistic Covenant.—Commissioner v. Danielson
Investigations of lubricant rheology as applied to elastohydrodynamic lubrication
The pressure viscometer was modified to permit the measurement of viscosity at elevated pressures and shear stresses up to 5 x 10 to the 6th power N/sq m (720 psi). This shear stress is within a factor of three of the shear stress occurring in a sliding ehd point contact such as occurs in the ehd simulator. Viscosity data were taken on five lubricant samples, and it was found that viscous heating effects on the viscosity were predominant and not non-Newtonian behavior at the high shear stresses. The development of the infrared temperature measuring technique for the ehd simulator was completed, and temperature data for a set of operating conditions and one lubricant are reported. The numerical analysis of the behavior of nonlinear lubricants in the lubrication of rollers is reported
Emil Zuckerkandl, M.D. (1849-1910): Bridging Anatomic Study and the Operating Room Table.
In the mid-19th century, the Vienna School of Anatomy was at the epicenter of the rapidly growing field of anatomy. One of the school’s most distinguished professors, Hungarian-born anatomist Emil Zuckerkandl was instrumental in transforming anatomy from a descriptive science to one of practical and clinical value. A prolific researcher interested in nearly all areas of morphology and most famously, the chromaffin system, Zuckerkandl’s discoveries from more than a century ago still provide a foundation for surgeons to this day
An Update in Guillain-Barré Syndrome
Guillain-Barré syndrome (GBS) was first described in 1916 (Guillain G, 1916) and is approaching its 100th anniversary. Our knowledge of the syndrome has hugely expanded since that time. Once originally considered to be only demyelinating in pathology we now recognise both axonal and demyelinating subtypes. Numerous triggering or antecedent events including infections are recognised and GBS is considered an immunological response to these. GBS is now considered to be a clinical syndrome of an acute inflammatory neuropathy encompassing a number of subtypes with evidence of different immunological mechanisms. Some of these are clearly understood while others remain to be fully elucidated. Complement fixing antibodies against peripheral nerve gangliosides alone and in combination are increasingly recognised as an important mechanism of nerve damage. New antibodies against other nerve antigens such as neurofascin have been recently described. Research databases have been set up to look at factors associated with prognosis and the influence of intravenous immunoglobulin (IvIg) pharmacokinetics in therapy. Exciting new studies are in progress to examine a possible role for complement inhibition in the treatment of the syndrome
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Studying teh Role of Political Competition in the Evolution of Government Size Over Long Horizons
In this paper we combine economic factors that have strong trends and political factors that are stationary in a dynamic, empirical model of the evolution of public policy over a very long period in a stable democracy. The role of variation in the intensity of political competition is the substantive focus of our analysis. The approach we develop is applied to disentangle the contributions of economics and politics to the evolution of public expenditure by the Government of Canada over 130 years, from the origin of the modern state to the end of the 20th century, a long period that has not before been investigated. The degree of political competition emerges robustly as the primary, if not the only important political factor in the long run as well as over shorter horizons
Development Methods and a Scenegraph Animation API for Cluster Driven Immersive Applications
This paper presents a scenegraph animation application programming interface (API), known as the Animation Engine, which was constructed for software developers to easily perform smooth transitions and manipulations to scenegraph nodes. A developer can use one line of code to enter the property, end state and number of frames to describe the animation, then the Animation Engine handles the rest in the background. The goal of the Animation Engine is to provide a simple API that integrates into existing applications with minimal effort. Additionally, techniques to improve virtual reality (VR) application performance on a large computer cluster are presented. These techniques include maintaining high frame rates with 4096 × 4096 pixel textures, eliminating extraneous network traffic and reducing long model loading time. To demonstrate the Animation Engine and the development techniques, an application known as the Virtual Universe was created. The Virtual Universe, designed to run in a six walled CAVE, allows users to freely explore a set of space themed environments. The architecture and development techniques for writing a stable immersive VR application on a large computer cluster, in addition to the creation of the Animation Engine, is presented in this paper
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