113 research outputs found

    New estimates of the hybrid US Phillips curve

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    This paper examines the validity of Rudd and Whelan’s (2006) critiques of Gali and Gertler’s (1999) hybrid Phillips curve (HYPC) by re-estimating the HYPC using full information maximum likelihood (FIML). We also estimate HYPC with the constraint that the weights for the sum of forward looking and backward looking expectations should be unity. Our results support Rudd and Whelan’s conclusion that the weight for forward looking expectations is insignificant.New Keynesian Phillips Curve, Price Rigidities, FIML Estimation

    New estimates of the hybrid US Phillips curve

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    This paper examines the validity of Rudd and Whelan’s (2006) critiques of Gali and Gertler’s (1999) hybrid Phillips curve (HYPC) by re-estimating the HYPC using full information maximum likelihood (FIML). We also estimate HYPC with the constraint that the weights for the sum of forward looking and backward looking expectations should be unity. Our results support Rudd and Whelan’s conclusion that the weight for forward looking expectations is insignificant

    Spectral Clustering: An Empirical Study of Approximation Algorithms and its Application to the Attrition Problem

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    Clustering is the problem of separating a set of objects into groups (called clusters) so that objects within the same cluster are more similar to each other than to those in different clusters. Spectral clustering is a now well-known method for clustering which utilizes the spectrum of the data similarity matrix to perform this separation. Since the method relies on solving an eigenvector problem, it is computationally expensive for large datasets. To overcome this constraint, approximation methods have been developed which aim to reduce running time while maintaining accurate classification. In this article, we summarize and experimentally evaluate several approximation methods for spectral clustering. From an applications standpoint, we employ spectral clustering to solve the so-called attrition problem, where one aims to identify from a set of employees those who are likely to voluntarily leave the company from those who are not. Our study sheds light on the empirical performance of existing approximate spectral clustering methods and shows the applicability of these methods in an important business optimization related problem

    New estimates of the hybrid US Phillips curve

    Get PDF
    This paper examines the validity of Rudd and Whelan’s (2006) critiques of Gali and Gertler’s (1999) hybrid Phillips curve (HYPC) by re-estimating the HYPC using full information maximum likelihood (FIML). We also estimate HYPC with the constraint that the weights for the sum of forward looking and backward looking expectations should be unity. Our results support Rudd and Whelan’s conclusion that the weight for forward looking expectations is insignificant

    A Suitable data structure for parallel A

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    Projet PARADI

    High energy photon-neutrino elastic scattering

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    The one-loop helicity amplitudes for the elastic scattering process ÎłÎœâ†’ÎłÎœ\gamma\nu\to\gamma\nu in the Standard Model are computed at high center of mass energies. A general decomposition of the amplitudes is utilized to investigate the validity of some of the key features of our results. In the center of mass, where s=2ω\sqrt{s} = 2\omega, the cross section grows roughly as ω6\omega^6 to near the threshold for WW-boson production, s=mW\sqrt{s} = m_W. Although suppressed at low energies, we find that the elastic cross section exceeds the cross section for ÎłÎœâ†’ÎłÎłÎœ\gamma\nu\to\gamma\gamma\nu when s>13\sqrt{s}>13 GeV. We demonstrate that the scattered photons are circularly polarized and the net value of the polarization is non-zero. Astrophysical implications of high energy photon-neutrino scattering are discussed.Comment: 9 pages, 7 figures, RevTeX

    The ÎœÎœÎł\nu \nu \gamma Amplitude in an External Homogeneous Electromagnetic Field

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    Neutrino-photon interactions in the presence of an external homogeneous constant electromagnetic field are studied. The ÎœÎœÎł\nu \nu \gamma amplitude is calculated in an electromagnetic field of the general type, when the two field invariants are nonzero.Comment: 7 pages, 1 figur

    MEKK2 mediates aberrant ERK activation in neurofibromatosis type I

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    Neurofibromatosis type I (NF1) is characterized by prominent skeletal manifestations caused by NF1 loss. While inhibitors of the ERK activating kinases MEK1/2 are promising as a means to treat NF1, the broad blockade of the ERK pathway produced by this strategy is potentially associated with therapy limiting toxicities. Here, we have sought targets offering a more narrow inhibition of ERK activation downstream of NF1 loss in the skeleton, finding that MEKK2 is a novel component of a noncanonical ERK pathway in osteoblasts that mediates aberrant ERK activation after NF1 loss. Accordingly, despite mice with conditional deletion of Nf1 in mature osteoblasts (Nf1(fl/fl);Dmp1-Cre) and Mekk2(-/-) each displaying skeletal defects, Nf1(fl/fl);Mekk2(-/-);Dmp1-Cre mice show an amelioration of NF1-associated phenotypes. We also provide proof-of-principle that FDA-approved inhibitors with activity against MEKK2 can ameliorate NF1 skeletal pathology. Thus, MEKK2 functions as a MAP3K in the ERK pathway in osteoblasts, offering a potential new therapeutic strategy for the treatment of NF1

    High-energy neutrino conversion and the lepton asymmetry in the universe

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    We study matter effects on oscillations of high-energy neutrinos in the Universe. Substantial effect can be produced by scattering of the neutrinos from cosmological sources (z\gta 1) on the relic neutrino background, provided that the latter has large CP-asymmetry: \eta\equiv (n_\nu-n_{\bar{\nu}})/n_\gamma\gta 1, where nÎœn_\nu, nΜˉn_{\bar{\nu}} and nÎłn_\gamma are the concentrations of neutrinos, antineutrinos and photons. We consider in details the dynamics of conversion in the expanding neutrino background. Applications are given to the diffuse fluxes of neutrinos from GRBs, AGN, and the decay of super-heavy relics. We find that the vacuum oscillation probability can be modified by ∌(10−20)\sim (10-20)% and in extreme cases allowed by present bounds on η\eta the effect can reach ∌100\sim 100%. Signatures of matter effects would consist (i) for both active-active and active-sterile conversion, in a deviation of the numbers of events produced in a detector by neutrinos of different flavours, Nα (α=e,ÎŒ,τ)N_{\alpha}~(\alpha=e,\mu,\tau), and of their ratios from the values given by vacuum oscillations; such deviations can reach ∌5−15\sim 5-15%, (ii) for active-sterile conversion, in a characteristic energy dependence of the ratios Ne/NÎŒ,Ne/Nτ,NÎŒ/NτN_{e}/N_{\mu},N_{e}/N_{\tau},N_{\mu}/N_{\tau}. Searches for these matter effects will probe large CP and lepton asymmetries in the universe.Comment: 32 pages, RevTeX, 16 figures. Substantial changes in the treatment of conversion effects in the relic neutrino background and of active-active oscillations of high-energy neutrinos. Figures and references added; conclusions partially modifie

    Reduction of the two-body dynamics to a one-body description in classical electrodynamics

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    We discuss the mapping of the conservative part of two-body electrodynamics onto that of a test charged particle moving in some external electromagnetic field, taking into account recoil effects and relativistic corrections up to second post-Coulombian order. Unlike the results recently obtained in general relativity, we find that in classical electrodynamics it is not possible to implement the matching without introducing external parameters in the effective electromagnetic field. Relaxing the assumption that the effective test particle moves in a flat spacetime provides a feasible way out.Comment: 20 pages, revtex; minor change
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