1,744 research outputs found

    Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II

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    There is much debate about the usefulness of the neoclassical growth model for assessing the macroeconomic impact of fiscal shocks. We test the theory using data from World War II, which is by far the largest fiscal shock in the history of the United States. We take observed changes in fiscal policy during the war as inputs into a parameterized, dynamic general equilibrium model and compare the values of all variables in the model to the actual values of these variables in the data. Our main finding is that the theory quantitatively accounts for macroeconomic activity during this big fiscal shock.Economic history ; Fiscal policy ; Macroeconomics - Econometric models

    Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II

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    There is much debate about the usefulness of the neoclassical growth model for assessing the macro-economic impact of fiscal shocks. We test the theory using data from World War II, which is by far the largest fiscal shock in the history of the United States. We take observed changes in fiscal policy during the war as inputs into a parameterized, dynamic general equilibrium model and compare the values of all variables in the model to the actual values of these variables in the data. Our main finding is that the theory quantitatively accounts for macroeconomic activity during this big fiscal shock.

    Using Action Research To Improve Teaching And Learning

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    This paper outlines the components of an action research project developed in a Master of Arts in Teaching and Leadership program designed to improve teaching and learning

    Molecular cloning of the Na,K-ATPase α-subunit in developing brine shrimp and sequence comparison with higher organisms

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    AbstractWe report here the molecular cloning, nucleotide sequence, and predicted amino acid sequence of an α-subunit of the developmentally useful model, Artemia. The animo acid sequence shows divergence from that of mammals, birds, Torpedo, and Drosophila. However, regions in the putative ATP binding and transmembrane domains show absolute or high levels of conservation. Major differences occur in the amino-terminal domain and several other hypervariable regions. These differences are consistent with the suggestion that the brine shrimp is a ‘fast clock’ organism which diverged from the precursors of vertebrates 0.5–1 billion years ago.Na,K-ATPase; Molecular cloning; DNA, complementary; Amino acid sequence; (Artemia

    Qualitative study of loneliness in a senior housing community: the importance of wisdom and other coping strategies.

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    ObjectiveOlder adults are at a high risk for loneliness, which impacts their health, well-being, and longevity. While related to social isolation, loneliness is a distinct, internally experienced, distressing feeling. The present qualitative study sought to identify characteristics of loneliness in older adults living independently within a senior housing community, which is typically designed to reduce social isolation.MethodSemi-structured qualitative interviews regarding the experience of loneliness, risk factors, and ways to combat it were conducted with 30 older adults, ages 65-92 years. The interviews were audiotaped, transcribed, and coded using a grounded theory analytic approach based on coding, consensus, co-occurrence, and comparison.ResultsThree main themes with multiple subthemes are described: (A) Risk and Protective factors for loneliness: age-associated losses, lack of social skills or abilities, and protective personality traits; (B) Experience of loneliness: Sadness and lack of meaning as well as Lack of motivation; and (C) Coping strategies to prevent or overcome loneliness: acceptance of aging, compassion, seeking companionship, and environment enables socialization.DiscussionDespite living within a communal setting designed to reduce social isolation, many older adults described feeling lonely in stark negative terms, attributing it to aging-associated losses or lack of social skills and abilities. However, interviewees also reported positive personal qualities and actions to prevent or cope with loneliness, several of which mirrored specific components of wisdom. The results support the reported inverse relationship between loneliness and wisdom and suggest a potential role for wisdom-enhancing interventions to reduce and prevent loneliness in older populations

    Development of 3-D Ice Accretion Measurement Method

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    A research plan is currently being implemented by NASA to develop and validate the use of a commercial laser scanner to record and archive fully three-dimensional (3-D) ice shapes from an icing wind tunnel. The plan focused specifically upon measuring ice accreted in the NASA Icing Research Tunnel (IRT). The plan was divided into two phases. The first phase was the identification and selection of the laser scanning system and the post-processing software to purchase and develop further. The second phase was the implementation and validation of the selected system through a series of icing and aerodynamic tests. Phase I of the research plan has been completed. It consisted of evaluating several scanning hardware and software systems against an established selection criteria through demonstrations in the IRT. The results of Phase I showed that all of the scanning systems that were evaluated were equally capable of scanning ice shapes. The factors that differentiated the scanners were ease of use and the ability to operate in a wide range of IRT environmental conditions

    Natural Disturbance-Based Forest Management: Moving Beyond Retention and Continuous-Cover Forestry

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    Global forest area is declining rapidly, along with degradation of the ecological condition of remaining forests. Hence it is necessary to adopt forest management approaches that can achieve a balance between (1) human management designs based on homogenization of forest structure to efficiently deliver economic values and (2) naturally emerging self-organized ecosystem dynamics that foster heterogeneity, biodiversity, resilience and adaptive capacity. Natural disturbance-based management is suggested to provide such an approach. It is grounded on the premise that disturbance is a key process maintaining diversity of ecosystem structures, species and functions, and adaptive and evolutionary potential, which functionally link to sustainability of ecosystem services supporting human well-being. We review the development, ecological and evolutionary foundations and applications of natural disturbance-based forest management. With emphasis on boreal forests, we compare this approach with two mainstream approaches to sustainable forest management, retention and continuous-cover forestry. Compared with these approaches, natural disturbance-based management provides a more comprehensive framework, which is compatible with current understanding of multiple-scale ecological processes and structures, which underlie biodiversity, resilience and adaptive potential of forest ecosystems. We conclude that natural disturbance-based management provides a comprehensive ecosystem-based framework for managing forests for human needs of commodity production and immaterial values, while maintaining forest health in the rapidly changing global environment.Peer reviewe
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