A Microfounded Sectoral Model for Open Economies

Numerical simulations of the two-country sectoral model are provided for a relatively large number of structural shocks as domestic and foreign productivity shocks in final tradables and non-tradables, money demand shocks and a shock in the exchange rate. Such a model is well suited for monetary policy analysis at the international level and risk analysis.New Keynesian open economy model;tradable and non-tradable sectors;final and intermediate goods;log-linearization

A Simulation Study of an ASEAN Monetary Union (Replaces CentER DP 2010-100)

This paper analyzes some pros and cons of a monetary union for the ASEAN1 countries, excluding Myanmar. We estimate a stylized open-economy dynamic general equilibrium model for the ASEAN countries. Using the framework of linear quadratic differential games, we contrast the potential gains or losses for these countries due to economic shocks, in case they maintain their status-quo, they coordinate their monetary and/or fiscal policies, or form a monetary union. Assuming for all players open-loop information, we conclude that there are substantial gains from cooperation of monetary authorities. We also find that whether a monetary union improves upon monetary cooperation depends on the type of shocks and the extent of fiscal policy cooperation. Results are based both on a theoretical study of the structure of the estimated model and a simulation study.ASEAN economic integration;monetary union;linear quadratic differential games;open-loop information structure

Electron-magnon coupling and nonlinear tunneling transport in magnetic nanoparticles

We present a theory of single-electron tunneling transport through a ferromagnetic nanoparticle in which particle-hole excitations are coupled to spin collective modes. The model employed to describe the interaction between quasiparticles and collective excitations captures the salient features of a recent microscopic study. Our analysis of nonlinear quantum transport in the regime of weak coupling to the external electrodes is based on a rate-equation formalism for the nonequilibrium occupation probability of the nanoparticle many-body states. For strong electron-boson coupling, we find that the tunneling conductance as a function of bias voltage is characterized by a large and dense set of resonances. Their magnetic field dependence in the large-field regime is linear, with slopes of the same sign. Both features are in agreement with recent tunneling experiments.Comment: 4 pages, 2 figure

High resolution measurements of kinetic energy release distributions of neon, argon, and krypton cluster ions using a three sector field mass spectrometer

Using a newly constructed three sector field mass spectrometer (resulting in a BE1E2 field configuration) we have measured the kinetic energy release distributions of neon, argon, and krypton cluster ions. In the present study we used the first two sectors, B and E1, constituting a high resolution mass spectrometer, to select the parent ions in terms of mass, charge, and energy, and studied the decay of those ions in the third field free region. Due to the improved mass resolution we were able to extend earlier studies carried out with a two sector field machine, where an upper size limit arose from the fact that several isotopomers contribute to a decaying parent ion beam when the cluster size exceeds a certain value. Furthermore we developed a new data analysis. It allows us to model also fragment ion peaks that are a superposition of different decay reactions and thus we can determine the average kinetic energy release for all decay reactions of a given cluster ion. In a further step we used these results to determine the binding energies of cluster ions Rg(n) (ngreater than or equal to10) by applying finite heat bath theory. The smaller sizes have not been included in this analysis, because the validity of finite heat bath theory becomes questionable below napproximate to10. The present average kinetic energy releases and binding energies are compared with other experiments and various calculations. (C) 2004 American Institute of Physics

Building Community, Fostering Collaboration, and Engaging Bridge Program Students with a college’s historical archives

Similar to smaller archives, this college’s archives have not been traditionally accessible online. Two instructors sought to teach summer bridge program (Boot Camp) students basic archival practices and quantitatively measure their information literacy skills through using the Information Literacy Skills (ILA) and Students’ Perceptions of their Information Skills-Questionnaire (SPIL-Q) instruments (cite). Boot Camp students’ average perceived confidence with IL skills as assessed by the SPIL-Q instrument increased from 4.00 to 4.77 (+19.2%) on the post-training SPIL-Q. By adding the ILA and SPIL-Q instruments to the course curriculum, combined with end of course reflection questions, the instructors were able to quantitatively determine if the students’ comprehension of evaluating information improved after handling, processing, and digitizing primary source documents. This study demonstrates the opportunities for community building and collaboration afforded by archivists and librarians engaging faculty and students with primary source exploration through college archives

A Simulation Study of an ASEAN Monetary Union (Replaces CentER DP 2010-100)

This paper analyzes some pros and cons of a monetary union for the ASEAN1 countries, excluding Myanmar. We estimate a stylized open-economy dynamic general equilibrium model for the ASEAN countries. Using the framework of linear quadratic differential games, we contrast the potential gains or losses for these countries due to economic shocks, in case they maintain their status-quo, they coordinate their monetary and/or fiscal policies, or form a monetary union. Assuming for all players open-loop information, we conclude that there are substantial gains from cooperation of monetary authorities. We also find that whether a monetary union improves upon monetary cooperation depends on the type of shocks and the extent of fiscal policy cooperation. Results are based both on a theoretical study of the structure of the estimated model and a simulation study.

Carbon Deficiency in Externally-Polluted White Dwarfs: Evidence for Accretion of Asteroids

Existing determinations show that n(C)/n(Fe) is more than a factor of 10 below solar in the atmospheres of three white dwarfs that appear to be externally-polluted. These results are not easily explained if the stars have accreted interstellar matter, and we re-interpret these measurements as evidence that these stars have accreted asteroids of a chrondritic composition.Comment: 23 pages, 6 figures, accepted for Ap

Comment On Legacy Nitrogen May Prevent Achievement Of Water Quality Goals In The Gulf Of Mexico

Van Meter et al. (Reports, 27 April 2018, p. 427) warn that achieving nitrogen reduction goals in the Gulf of Mexico will take decades as a result of legacy nitrogen effects. We discuss limitations of the modeling approach and demonstrate that legacy effects ranging from a few years to decades are equally consistent with observations. The presented time scales for system recovery are therefore highly uncertain