Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes: Evidence From the Yen/Dollar Rate

This paper presents results of estimating an exchange rate equation in light of theoretical considerations regarding changes in sterilization and intervention policy and tax policy which imply that the coefficients in the equation will not behave as fixed parameters in a given sample period,as standard econometric practice assumes. We compare the results of ordinary least squares and a random coefficients model of the Japanese Yen-- U.S. dollar exchange rate during the floating period of July 1973 through June 1982.When systematic end of year policy changes affecting Japanese reserves are explicitly modeled, both OLS and the random coefficients model show increased explanatory power. The random coefficients model appears to be superior to OLS however; by allowing the coefficients to vary over time as required by the economic theory discussed above, estimates of the mean response coefficients for the floating period all have the hypothesized sign, and explanatory power is sharply increased.

Meson and Quark Degrees of Freedom and the Radius of the Deuteron

The existing experimental data for the deuteron charge radius are discussed. The data of elastic electron scattering are inconsistent with the value obtained in a recent atomic physics experiment. Theoretical predictions based on a nonrelativistic description of the deuteron with realistic nucleon-nucleon potentials and with a rather complete set of meson-exchange contributions to the charge operator are presented. Corrections arising from the quark-gluon substructure of the nucleon are explored in a nonrelativistic quark model; the quark-gluon corrections, not accounted for by meson exchange, are small. Our prediction for the deuteron charge radius favors the value of a recent atomic physics experiment.Comment: 20 pages, LaTeX, 4 Postscript figures, to appear in Few-Body-System

Parallel-plate viscometer

Viscometer consists of movable vertical rod with one optical flat fixed to its lower end and centered over second optical flat held rigidly parallel to moveable flat. Two perforated diaphragms of thin metal permit limited amount of vertical movement of rod carrying movable flat, but resist lateral movement

Addressing neuroticism in psychological treatment

Neuroticism has long been associated with psychopathology and there is increasing evidence that this trait represents a shared vulnerability responsible for the development and maintenance of a range of common mental disorders. Given that neuroticism may be more malleable than previously thought, targeting this trait in treatment, rather than its specific manifestations (e.g., anxiety, mood, and personality disorders), may represent a more efficient and cost-effective approach to psychological treatment. The goals of the current manuscript are to (a) review the role of neuroticism in the development of common mental disorders, (b) describe the evidence of its malleability, and (c) review interventions that have been explicitly developed to target this trait in treatment. Implications for shifting the focus of psychological treatment to underlying vulnerabilities, such as neuroticism, rather than on the manifest symptoms of mental health conditions, are also discussed.First author draf

Future monitoring of charged particle energy deposition into the upper atmosphere and comments on possible relationships between atmospheric phenomena and solar and/or geomagnetic activity

Monitoring of earth's atmosphere was conducted for several years utilizing the ITOS series of low-altitude, polar-orbiting weather satellites. A space environment monitoring package was included in these satellites to perform measurements of a portion of earth's charged particle environment. The charged particle observations proposed for the low-altitude weather satellite TIROS N, are described which will provide the capability of routine monitoring of the instantaneous total energy deposition into the upper atmosphere by the precipitation of charged particles from higher altitudes. Such observations may be of use in future studies of the relationships between geomagnetic activity and atmospheric weather pattern developments. Estimates are given to assess the potential importance of this type of energy deposition. Discussion and examples are presented illustrating the importance of distinguishing between solar and geomagnetic activity as possible causative sources. Such differentiation is necessary because of the widely different spatial and time scales involved in the atmospheric energy input resulting from these various sources of activity

A functional analysis of two transdiagnostic, emotion-focused interventions on nonsuicidal self-injury

OBJECTIVE: Nonsuicidal self-injury (NSSI) is prevalent and associated with clinically significant consequences. Developing time-efficient and cost-effective interventions for NSSI has proven difficult given that the critical components for NSSI treatment remain largely unknown. The aim of this study was to examine the specific effects of mindful emotion awareness training and cognitive reappraisal, 2 transdiagnostic treatment strategies that purportedly address the functional processes thought to maintain self-injurious behavior, on NSSI urges and acts. METHOD: Using a counterbalanced, combined series (multiple baseline and data-driven phase change) aggregated single-case experimental design, the unique and combined impact of these 2 4-week interventions was evaluated among 10 diagnostically heterogeneous self-injuring adults. Ecological momentary assessment was used to provide daily ratings of NSSI urges and acts during all study phases. RESULTS: Eight of 10 participants demonstrated clinically meaningful reductions in NSSI; 6 participants responded to 1 intervention alone, whereas 2 participants responded after the addition of the alternative intervention. Group analyses indicated statistically significant overall effects of study phase on NSSI, with fewer NSSI urges and acts occurring after the interventions were introduced. The interventions were also associated with moderate to large reductions in self-reported levels of anxiety and depression, and large improvements in mindful emotion awareness and cognitive reappraisal skills. CONCLUSIONS: Findings suggest that brief mindful emotion awareness and cognitive reappraisal interventions can lead to reductions in NSSI urges and acts. Transdiagnostic, emotion-focused therapeutic strategies delivered in time-limited formats may serve as practical yet powerful treatment approaches, especially for lower-risk self-injuring individuals.Dr. Barlow receives royalties from Oxford University Press, Guilford Publications Inc., Cengage Learning, and Pearson Publishing. Grant monies for various projects come from the National Institute of Mental Health (F31MH100761), the National Institute of Alcohol and Alcohol Abuse, and Colciencias (Government of Columbia Initiative for Science, Technology, and Health Innovation). Consulting and honoraria during the past several years have come from the Agency for Healthcare Research and Quality, the Foundation for Informed Medical Decision Making, the Department of Defense, the Renfrew Center, the Chinese University of Hong Kong, Universidad Catolica de Santa Maria (Arequipa, Peru), New Zealand Psychological Association, Hebrew University of Jerusalem, Mayo Clinic, and various American Universities. (F31MH100761 - National Institute of Mental Health; National Institute of Alcohol and Alcohol Abuse; Colciencias (Government of Columbia Initiative for Science, Technology, and Health Innovation))Accepted manuscrip