7,736 research outputs found

    International Capital Mobility and the Coordination of Monetary Rules

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    The paper develops a two-country model with flexible exchange rates and perfect capital mobility, for evaluating the alternative macroeconomic policy rules. Macroeconomic performance is measured in terms of fluctuations in inflation and output. Expectations are rational, and prices are sticky; wagesetting is staggered over time. The countries are linked by aggregate spending effects, relative price effects, and mark-up pricing arrangements. The modelis solved and analyzed through deterministic and stochastic simulation techniques. The results suggest that international capital mobility is not necessarily an impediment to efficient domestic macroeconomic performance. Changes in the expected appreciation or a depreciation of the exchange rate along with differentials between real interest rates in the two countries can permit macroeconomic performance in one country to be relatively independent of the policy rule chosen by the other country. The results depend on the particular parameter values used in the model and suggest the need for further econometric work to determine the size of these parameters.

    Constructing Reference Metrics on Multicube Representations of Arbitrary Manifolds

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    Reference metrics are used to define the differential structure on multicube representations of manifolds, i.e., they provide a simple and practical way to define what it means globally for tensor fields and their derivatives to be continuous. This paper introduces a general procedure for constructing reference metrics automatically on multicube representations of manifolds with arbitrary topologies. The method is tested here by constructing reference metrics for compact, orientable two-dimensional manifolds with genera between zero and five. These metrics are shown to satisfy the Gauss-Bonnet identity numerically to the level of truncation error (which converges toward zero as the numerical resolution is increased). These reference metrics can be made smoother and more uniform by evolving them with Ricci flow. This smoothing procedure is tested on the two-dimensional reference metrics constructed here. These smoothing evolutions (using volume-normalized Ricci flow with DeTurck gauge fixing) are all shown to produce reference metrics with constant scalar curvatures (at the level of numerical truncation error).Comment: 37 pages, 16 figures; additional introductory material added in version accepted for publicatio

    Scalar, Vector and Tensor Harmonics on the Three-Sphere

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    Scalar, vector and tensor harmonics on the three-sphere were introduced originally to facilitate the study of various problems in gravitational physics. These harmonics are defined as eigenfunctions of the covariant Laplace operator which satisfy certain divergence and trace identities, and ortho-normality conditions. This paper provides a summary of these properties, along with a new notation that simplifies and clarifies some of the key expressions. Practical methods are described for accurately and efficiently computing these harmonics numerically, and test results are given that illustrate how well the analytical identities are satisfied by the harmonics computed numerically in this way.Comment: 14 pages, 9 figures, to appear in General Relativity and Gravitatio

    Flow cytometric characterization of freshwater crayfish hemocytes for the examination of physiological status in wild and captive animals

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    Enumeration of invertebrate hemocytes is a potentially powerful tool for the determination of physiological effects of extrinsic stressors, such as hypoxia, disease, and toxicant exposure. A detailed flow cytometric method of broad application was developed for the objective characterization and enumeration of the hemocytes of New Zealand freshwater crayfish Paranephrops planifrons for the purpose of physiological health assessment. Hemocyte populations were isolated by flow cytometric sorting based on differential light scatter properties followed by morphological characterization via light microscopy and software image analysis. Cells were identified as hyaline, semigranular, and granular hemocytes based on established invertebrate hemocyte classification. A characteristic decrease in nuclear size, an increase in granularity between the hyaline and granular cells, and the eccentric location of nuclei in granular cells were also observed. The granulocyte subpopulations were observed to possess varying degrees of granularity. The developed methodology was used to perform total and differential hemocyte counts from three lake populations and between wild and captive crayfish specimens. Differences in total and differential hemocyte counts were not observed among the wild populations. However, specimens held in captivity for 14 d exhibited a significant 63% reduction in total hemocyte count, whereas the relative hemocyte proportions remained the same. These results demonstrate the utility of this method for the investigation of subacute stressor effects in selected decapod crustaceans

    A TEST OF ASSET FIXITY IN SOUTHEASTERN U.S. AGRICULTURE

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    A test for static equilibrium developed by Schankerman and Nadiri is used to evaluate the hypothesis that land and capital in aggregate southeastern U.S. agriculture behave as fixed inputs. Empirical results reject the hypothesis that these two inputs are at their long-run equilibrium levels implied by observed prices. Thus, some degree of asset fixity may be concluded.Financial Economics,

    COMPETITIVE PRESSURE AND PRODUCTIVITY GROWTH: THE CASE OF THE FLORIDA VEGETABLE INDUSTRY

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    The relationship between the degree of competitive market pressure and the rate of productivity growth is empirically investigated with a case study of the Florida fresh winter vegetable industry. The results indicate that crops which faced considerable competitive pressure exhibited significant productivity growth while the crops that faced minimal competitive pressure generally exhibited little growth in productivity. Thus, the hypothesis that competitive pressure is positively related to productivity growth is supported.Productivity Analysis,

    Introduction to the Special Issue on Web Archiving

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    This article serves as an introduction to the Journal of Western Archives Special Issue on Web Archiving. It provides a snapshot of and reflections on the state of the field, as well as an overview of the works that constitute the issue
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