3,085 research outputs found

    Dynamics and Diversity: Ethnic Employment Differences in England and Wales, 1991 - 2001

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    This paper focuses on two main issues, firstly the extent to which the employment position of the main ethnic minority groups in England and Wales changed between 1991 and 2001 and secondly, a detailed examination of employment amongst ethnic groups in 2001. In relative terms, the employment position of most ethnic minority groups improved over the period, especially for males. Some of this improvement was due to enhanced levels of observable characteristics. However, the employment gap between Whites and some ethnic minority groups remains extremely large. Religion, local deprivation and educational qualifications are found to be important influences for many minority groups.employment, ethnic minorities, discrimination.

    Approximately Normal Tests for Equal Predictive Accuracy in Nested Models

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    Forecast evaluation often compares a parsimonious null model to a larger model that nests the null model. Under the null that the parsimonious model generates the data, the larger model introduces noise into its forecasts by estimating parameters whose population values are zero. We observe that the mean squared prediction error (MSPE) from the parsimonious model is therefore expected to be smaller than that of the larger model. We describe how to adjust MSPEs to account for this noise. We propose applying standard methods (West (1996)) to test whether the adjusted mean squared error difference is zero. We refer to nonstandard limiting distributions derived in Clark and McCracken (2001, 2005a) to argue that use of standard normal critical values will yield actual sizes close to, but a little less than, nominal size. Simulation evidence supports our recommended procedure.

    A search for periodicity in the x ray spectrum of black hole candidate A0620-00

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    The archived data from the SAS-3 observations of the X-ray nova A0620-00, the best of the stellar blackhole candidates, were exhaustively examined for evidence of variable phenomena correlated with the orbital motion of the binary system of which it is a member. The original analysis of these data was completed before discovery of the binary companion and determination of the orbital period of the system. New interest was drawn to the task of a reexamination of the archive data by the recent discovery of the massive nature of the X-ray source through analysis of the Doppler variations and ellipsoidal light variations of the faint K-star companion by McClintock and Remillard. The archive research, carried out under the supervision of the principal investigator, was the topic of the thesis submitted to the MIT Department of Physics by Kenneth Plaks in partial fulfillment of the requirements for the degree of Master of Science. Plaks' effort was focused on the elimination of fluctuations in the data due to errors in attitude solutions and other extraneous causes. The first products of his work were long-term light curves of the X-ray intensities in the various energy channels as functions of time during the time from outbursts in August 1975 to quiescence approximately 6 months later. These curves, are refined versions of the preliminary results published in 1976 (Matilsky et al. 1976). Smooth exponentials were fitted to these long term light curves to provide the basis for detrending the data, thereby permitting a calculation of residuals derived by subtracting the fitted curve from the data. The residuals were then analyzed by Fourier analysis to search for variations with the period of the binary orbit, namely 7.75 hours. No evidence of an orbital periodicity was found. However, the refined light curve provides a much clearer picture of the outburst and subsequent decay of the X-ray luminosity. In fact, there were two outbursts, each followed by an exponential decay with similar time constants of about 25 days. Previous evidence of a three-oscillation variation with a 7.8 day period were confirmed. Substantial theoretical effort has been devoted to attempts to account for the decay characteristics as the result of the gradual eating up of an accretion disk by a stellar-mass blackhole (e.g., Huang and Wheeler 1989). The improved decay curves will provide significant new constraints on the theoretical analyses

    Using Out-of-Sample Mean Squared Prediction Errors to Test the Martingale Difference

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    We consider using out-of-sample mean squared prediction errors (MSPEs) to evaluate the null that a given series follows a zero mean martingale difference against the alternative that it is linearly predictable. Under the null of no predictability, the population MSPE of the null "no change" model equals that of the linear alternative. We show analytically and via simulations that despite this equality, the alternative model's sample MSPE is expected to be greater than the null's. For rolling regression estimators of the alternative model's parameters, we propose and evaluate an asymptotically normal test that properly accounts for the upward shift of the sample MSPE of the alternative model. Our simulations indicate that our proposed procedure works well.

    Approximately normal tests for equal predictive accuracy in nested models

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    Forecast evaluation often compares a parsimonious null model to a larger model that nests the null model. Under the null that the parsimonious model generates the data, the larger model introduces noise into its forecasts by estimating parameters whose population values are zero. We observe that the mean squared prediction error (MSPE) from the parsimonious model is therefore expected to be smaller than that of the larger model. We describe how to adjust MSPEs to account for this noise. We propose applying standard methods (West (1996)) to test whether the adjusted mean squared error difference is zero. We refer to nonstandard limiting distributions derived in Clark and McCracken (2001, 2005a) to argue that use of standard normal critical values will yield actual sizes close to, but a little less than, nominal size. Simulation evidence supports our recommended procedure.

    Decomposition of Hessenberg DAE systems to state space form

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    AbstractAn algorithm is given for symbolically decoupling the solutions to a linear, time dependent differential-algebraic equation Ez′ = A(t)z + ⨍(t), z(t)ϵRs, in Hessenberg form into state and algebraic components. The state variables are the solutions to an ordinary differential equation with initial conditions restricted to a subspace of Rs, while the algebraic components are linear functions of the state variables involving derivatives of the coefficients and input functions up to order r − 1, where r is the index of the system. This decomposition provides closed form solutions to linear Hessenberg DAEs in terms of the fundamental solutions of the state variable system. The implications of the algorithm for computing consistent initial conditions, for certain singular optimal control problems, and for numerical solutions are briefly discussed

    Pandora : Novelete - Two Step

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    https://digitalcommons.library.umaine.edu/mmb-ps/1031/thumbnail.jp

    Continuing the Struggle in a New Era

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