Graptemys nigrinoda

Number of Pages: 2Integrative BiologyGeological Science

Fluctuation theorems for continuously monitored quantum fluxes

It is shown that quantum fluctuation theorems remain unaffected if measurements of any kind and number of observables are performed during the action of a force protocol. That is, although the backward and forward probabilities entering the fluctuation theorems are both altered by these measurements, their ratio remains unchanged. This observation allows to describe the measurement of fluxes through interfaces and, in this way, to bridge the gap between the current theory, based on only two measurements performed at the beginning and end of the protocol, and experiments that are based on continuous monitoring.Comment: 4 pages, 1 figure. Accepted in Physical Review Letter

An Anthropological Perspective on Magistrate Jelderks’ Kennewick Man Decision

The “Kennewick Man” controversy is an extremely important case in the history of American anthropology. As anthropologists with backgrounds in American Indian studies and American archaeology, we have a particular interest in this case. In this paper we present our perspective on the Kennewick Man case as anthropologists with expertise in archaeology, Pacific Northwest precontact history, Plateau ethnology, and cultural resource law. In general we find that the August 30, 2000, decision of Magistrate John Jelderks of the United States District Court for the district of Oregon to be incorrect and without anthropological foundation. Based on an analysis of the evidence reviewed by the Department of the Interior and Magistrate Jelderks we conclude that the Department of the Interior made a reasonable decision in determining that a preponderance of the evidence supports repatriation of the Kennewick Man to the defendants

Commentary on "Monetary policy as equilibrium selection"

Monetary policy ; Equilibrium (Economics)

Price stability under long-run monetary targeting

Monetary policy ; Prices

New methodology for event studies in Bonds

The new methodology to study the impact of corporate events on bonds is comprised of a sampling technique and regression model. The method is different from standard approaches, motivated by the belief that event impact should be reflected in levels of yield premium. The regression tests for a change in average bond price after an event, statistical inference is made by estimates of a dummy variable. A new sampling method is described to accommodate the irregular spacing of bond trades in time.Event Study, Bonds, TRACE, ANOVA

Financial evolution and the long-run behavior of velocity : new evidence from U.S. regional data

Innovations in the private financial sector influence the income velocity of money in an economy over the entire course of its development. In the early stages of growth, increased monetization, as manifested by the spread of the banking system, causes velocity to fall. Later, the emergence of nonbank financial intermediaries causes velocity to rise. Evidence of these patterns is found in regional demand deposit data from the United States.Money ; Regional economics