3,139 research outputs found

    A Fixed-b Perspective on the Phillips-Perron Unit Root Tests

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    We extend fixed-b asymptotic theory to the nonparametric Phillips-Perron (PP) unit root tests. We show that the fixed-b limits depend on nuisance parameters in a complicated way. These non-pivotal limits provide an alternative theoretical explanation for the well known finite sample problems of PP tests. We also show that the fixed-b limits depend on whether deterministic trends are removed using one-step or two-step approaches, contrasting the asymptotic equivalence of the one- and two-step approaches under a consistency approximation for the long run variance estimator. Based on these results we introduce modified PP tests that allow for fixed-b inference. The theoretical analysis is cast in the framework of near-integrated processes which allows to study the asymptotic behavior both under the unit root null hypothesis as well as for local alternatives. The performance of the original and modified tests is compared by means of local asymptotic power and a small simulation study.Nonparametric kernel estimator, long run variance, detrending, one-step, two-step

    Integrated Modified OLS Estimation and Fixed-b Inference for Cointegrating Regressions

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    This paper is concerned with parameter estimation and inference in a cointegrating regression, where as usual endogenous regressors as well as serially correlated errors are considered. We propose a simple, new estimation method based on an augmented partial sum (integration) transformation of the regression model. The new estimator is labeled Integrated Modified Ordinary Least Squares (IM-OLS). IM-OLS is similar in spirit to the fully modified approach of Phillips and Hansen (1990) with the key difference that IM-OLS does not require estimation of long run variance matrices and avoids the need to choose tuning parameters (kernels, bandwidths, lags). Inference does require that a long run variance be scaled out, and we propose traditional and fixed-b methods for obtaining critical values for test statistics. The properties of IM-OLS are analyzed using asymptotic theory and finite sample simulations. IM-OLS performs well relative to other approaches in the literature.Bandwidth, cointegration, fixed-b asymptotics, Fully Modified OLS, IM-OLS, kernel

    Leadership Solutions for a For-Profit Secondary School in Vietnam

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    The opportunity to attend a university and pursue higher education is a dream that is shared by many high school students and their parents all over the world. Students from developing countries have long studied in the west, but the number of students from developing counties that hope to study in the west has risen considerably in recent years. However, there is often a significant difference in the secondary curriculum in developing countries and the secondary curriculum in western countries which can cause difficulties for students that are new to a more western oriented education. In response to this situation many developing countries have seen an increase in privately owned schools that aim to prepare local students at the secondary level for academic success in western universities. However, many local investors face numerous difficulties in establishing a secondary school with a western curriculum in their countries (Vietnam, 2007). One school that is attempting to face these challenges and provide a western secondary curriculum to local students that hope to study in the west is School X (name changed)

    DEVELOPMENT & INTEGRATION OF FHIR WITH OPEN-SOURCE EMR & RELATIONAL DATABASES

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    This project looks into the development and implementation of an open source EHR software, using a FHIR interface to the system for data exchange. The EMR system used was OpenEMR, which is an open source EMR system that uses MySQL as the database backend combined with Apache and PHP to provide a user interface. The FHIR interface uses HAPI-FHIR which is an open source framework and libraries available for JAVA. Using JAVA, a RESTful API is created in order to respond to requests, and to also receive FHIR messages using the information stored in the two SQL databases, OpenEMR database and the FHIR database

    Supporting Refugee Children in Pennsylvania Public Schools

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    This study documented the lived experiences of professionals with significant background working with child refugees, in an attempt to understand how practitioners view the information, resources, and other supports required to assure child refugees’ successful physical, cognitive, social, and emotional development. An extensive review of the published research on child refugees in the Unitd States described specific international treaties, federal statutes, and state codes, addressed developmental disruptions as refugee children experience them, and explored the school experience of specific refugee cultural groups, yet revealed few reports of practitioners’ perspectives. Accordingly, this investigation sought the views of ten school and community professionals who engage with child refugees in a medium-sized, suburban school district to determine 1) What advice would they offer to those who will serve refugee children in public schools? 2) How useful do they find background information on legal mandates and the refugee child’s experience prior to resettlement, and when is this information most beneficial? 3) How do they experience a child refugee’s developmental disruptions, and how do they prioritize work on these disruptions? A one hour semi-structured interview addressed knowledge, skills, and practices that professionals found to be successful when working with a refugee population, along with barriers that they encountered. A three-part, twenty-six item follow-up survey asked participants to provide background information on their experiences, rate their knowledge of federal and state legal mandates and refugee cultural experiences (e.g., home country context, refugee camp conditions), and identify any developmental disruptions a refugee child presented in their setting. Participants reported successes and barriers that were largely role specific. Several themes, however, arose across all interviews. These themes included: 1) addressing students’ language needs, 2) engaging community resources, 3) addressing school needs related to cultural context education, 4) building relational trust, 5) identifying and addressing bullying, and 6) collaborating in pursuit of common professional goals. In addition, interviewees identified motivation and transformation as personal experiences in their work with child refugees. Findings lead to three implications, including development of comprehensive and specific state policy, recommendations for professional standards of practice, and revision to pre-service teacher and school leader curricula

    Nonparametric Rank Tests for Non-stationary Panels

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    This study develops new rank tests for panels that include panel unit root tests as a special case. The tests are unusual in that they can accommodate very general forms of both serial and cross-sectional dependence, including cross-unit cointegration, without the need to specify the form of dependence or estimate nuisance parameters associated with the dependence. The tests retain high power in small samples, and in contrast to other tests that accommodate cross-sectional dependence, the limiting distributions are valid for panels with finite cross-sectional dimensions.Nonparametric rank tests, unit roots, cointegration, cross-sectional dependence

    Local Fiscal Adjustments from Depopulation: Evidence from the Post–Cold War Defense Contraction

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    In this paper, we estimate the long-term causal effect of population losses on local government revenue, expenditure, and debt by exploiting a quasi-exogenous change that reduced the number of US military personnel by about 40 percent between the late 1980s and 2000. Aggregating across governmental units within commuting zones, we find that real per capita total revenues and expenditures remained unchanged for remaining citizens. At the same time, however, we note several important compositional effects. First, local governments appear to have offset reductions in state intergovernmental aid by increasing property tax revenues. Second, they significantly shifted the composition of expenditures by making disproportionately large cuts in capital spending, including cuts in K–12 education, to maintain levels for current operations. Third, localities increased their long-term nonguaranteed debt to finance investments not covered by general capital outlays. Taken together, these actions run the risk of hindering a region’s relative competitiveness in the long term

    Leveraging Intelligent Building Infrastructure for Event Response

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    The number of attacks against occupied commercial buildings has increased dramatically around the world and in the United States. These attacks have included active shooters, kinetic devices, and hazardous (i.e., chemical or biological) agents. Typical commercial buildings have no systems to deal with these threats. Even iconic buildings rely primarily on restricted access to provide security. Video cameras are often present but are used primarily for forensics after an event has occurred. However, advanced systems that enable intelligent and connected buildings can be leveraged along with sensor technology to enable detection, notification and response to attacks. These same systems can also be used to enhance response to other emergency events such as grid outages, extreme weather, and earthquakes. This paper will present current research showing how Intelligent Building Technology can be leveraged to provide automated response and situational awareness to attacks and other emergency event situations. Results from whole-building modeling and full-scale testing will be presented for one type of threat. Specifically, CONTAM model results validated with experimental data from a well-instrumented 50,000 sqft testbed building will be presented to demonstrate the capability of using intelligent building infrastructure to affect dispersion of a chemical or biological agent inside a commercial office building

    An integrated modified OLS RESET test for cointegrating regressions

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    We propose a RESET-type test for the null hypothesis of linearity of a cointegrating relationship with an asymptotic chi-squared null distribution. The test is based on an extension of the Integrated Modified OLS estimator of Vogelsang and Wagner (2014) from linear cointegrating relationships to multivariate cointegrating polynomial relationships. For the case of full design we furthermore provide fixed-b asymptotic theory for our RESET test. The theoretical results are complemented by a small simulation study
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