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Learning and equilibrium selection in a monetary overlapping generations model with sticky prices
(2003)
We study adaptive learning in a monetary overlapping generations model with sticky prices and monopolistic competition for the case where learning agents observe current endogenous variables. Observability of current variables is essential for informational consistency of the learning setup with the model set up but generates multiple temporary equilibria when prices are flexible and prevents a straightforward construction of the learning dynamics. Sticky prices overcome this problem by avoiding simultaneity between prices and price expectations. Adaptive learning then robustly selects the determinate (monetary) steady state independent from the degree of imperfect competition. The indeterminate (non-monetary) steady state and non-stationary equilibria are never stable. Stability in a deterministic version of the model may differ because perfect foresight equilibria can be the limit of restricted perceptions equilibria of the stochastic economy with vanishing noise and thereby inherit different stability properties. This discontinuity at the zero variance of shocks suggests to analyze learning in stochastic models.
This paper considers a sticky price model with a cash-in-advance constraint where agents forecast inflation rates with the help of econometric models. Agents use least squares learning to estimate two competing models of which one is consistent with rational expectations once learning is complete. When past performance governs the choice of forecast model, agents may prefer to use the inconsistent forecast model, which generates an equilibrium where forecasts are inefficient. While average output and inflation result the same as under rational expectations, higher moments differ substantially: output and inflation show persistence, inflation responds sluggishly to nominal disturbances, and the dynamic correlations of output and inflation match U.S. data surprisingly well.
This paper compares Bayesian decision theory with robust decision theory where the decision maker optimizes with respect to the worst state realization. For a class of robust decision problems there exists a sequence of Bayesian decision problems whose solution converges towards the robust solution. It is shown that the limiting Bayesian problem displays infinite risk aversion and that decisions are insensitive (robust) to the precise assignment of prior probabilities. This holds independent from whether the preference for robustness is global or restricted to local perturbations around some reference model.
We study optimal nominal demand policy in an economy with monopolistic competition and flexible prices when firms have imperfect common knowledge about the shocks hitting the economy. Parametrizing firms´ information imperfections by a (Shannon) capacity parameter that constrains the amount of information flowing to each firm, we study how policy that minimizes a quadratic objective in output and prices depends on this parameter. When price setting decisions of firms are strategic complements, for a large range of capacity values optimal policy nominally accommodates mark-up shocks in the short-run. This finding is robust to the policy maker observing shocks imperfectly or being uncertain about firms´ capacity parameter. With persistent mark-up shocks accommodation may increase in the medium term, but decreases in the long-run thereby generating a hump-shaped price response and a slow reduction in output. Instead, when prices are strategic substitutes, policy tends to react restrictively to mark-up shocks. However, rational expectations equilibria may then not exist with small amounts of imperfect common knowledge.
We report measurements of single-particle inclusive spectra and two-particle azimuthal distributions of charged hadrons at high transverse momentum (high pT) in minimum bias and central d+Au collisions at sqrt[sNN]=200 GeV. The inclusive yield is enhanced in d+Au collisions relative to binary-scaled p+p collisions, while the two-particle azimuthal distributions are very similar to those observed in p+p collisions. These results demonstrate that the strong suppression of the inclusive yield and back-to-back correlations at high pT previously observed in central Au+Au collisions are due to final-state interactions with the dense medium generated in such collisions.
Pion-kaon correlation functions are constructed from central Au+Au STAR data taken at sqrt[sNN]=130 GeV by the STAR detector at the Relativistic Heavy Ion Collider (RHIC). The results suggest that pions and kaons are not emitted at the same average space-time point. Space-momentum correlations, i.e., transverse flow, lead to a space-time emission asymmetry of pions and kaons that is consistent with the data. This result provides new independent evidence that the system created at RHIC undergoes a collective transverse expansion.
We report high statistics measurements of inclusive charged hadron production in Au+Au and p+p collisions at sqrt[sNN]=200 GeV. A large, approximately constant hadron suppression is observed in central Au+Au collisions for 5<pT<12 GeV/c. The collision energy dependence of the yields and the centrality and pT dependence of the suppression provide stringent constraints on theoretical models of suppression. Models incorporating initial-state gluon saturation or partonic energy loss in dense matter are largely consistent with observations. We observe no evidence of pT-dependent suppression, which may be expected from models incorporating jet attenuation in cold nuclear matter or scattering of fragmentation hadrons.
We present the results of charged particle fluctuations measurements in Au+Au collisions at sqrt[sNN ]=130 GeV using the STAR detector. Dynamical fluctuations measurements are presented for inclusive charged particle multiplicities as well as for identified charged pions, kaons, and protons. The net charge dynamical fluctuations are found to be large and negative providing clear evidence that positive and negative charged particle production is correlated within the pseudorapidity range investigated. Correlations are smaller than expected based on model-dependent predictions for a resonance gas or a quark-gluon gas which undergoes fast hadronization and freeze-out. Qualitative agreement is found with comparable scaled p+p measurements and a heavy ion jet interaction generation model calculation based on independent particle collisions, although a small deviation from the 1/N scaling dependence expected from this model is observed.
Data from the first physics run at the Relativistic Heavy-Ion Collider at Brookhaven National Laboratory, Au+Au collisions at sqrt[sNN]=130 GeV, have been analyzed by the STAR Collaboration using three-pion correlations with charged pions to study whether pions are emitted independently at freeze-out. We have made a high-statistics measurement of the three-pion correlation function and calculated the normalized three-particle correlator to obtain a quantitative measurement of the degree of chaoticity of the pion source. It is found that the degree of chaoticity seems to increase with increasing particle multiplicity.
The balance function is a new observable based on the principle that charge is locally conserved when particles are pair produced. Balance functions have been measured for charged particle pairs and identified charged pion pairs in Au+Au collisions at sqrt[sNN]=130 GeV at the Relativistic Heavy Ion Collider using STAR. Balance functions for peripheral collisions have widths consistent with model predictions based on a superposition of nucleon-nucleon scattering. Widths in central collisions are smaller, consistent with trends predicted by models incorporating late hadronization.
Azimuthal anisotropy (v2) and two-particle angular correlations of high pT charged hadrons have been measured in Au+Au collisions at sqrt[sNN]=130 GeV for transverse momenta up to 6 GeV/c, where hard processes are expected to contribute significantly. The two-particle angular correlations exhibit elliptic flow and a structure suggestive of fragmentation of high pT partons. The monotonic rise of v2(pT) for pT<2 GeV/c is consistent with collective hydrodynamical flow calculations. At pT>3 GeV/c, a saturation of v2 is observed which persists up to pT=6 GeV/c.
Azimuthal anisotropy (v2) and two-particle angular correlations of high pT charged hadrons have been measured in Au+Au collisions at sqrt[sNN]=130 GeV for transverse momenta up to 6 GeV/c, where hard processes are expected to contribute significantly. The two-particle angular correlations exhibit elliptic flow and a structure suggestive of fragmentation of high pT partons. The monotonic rise of v2(pT) for pT<2 GeV/c is consistent with collective hydrodynamical flow calculations. At pT>3 GeV/c, a saturation of v2 is observed which persists up to pT=6 GeV/c.
Abstract Geant4 is a toolkit for simulating the passage of particles through matter. It includes a complete range of functionality including tracking, geometry, physics models and hits. The physics processes offered cover a comprehensive range, including electromagnetic, hadronic and optical processes, a large set of long-lived particles, materials and elements, over a wide energy range starting, in some cases, from 250 eV and extending in others to the TeV energy range. It has been designed and constructed to expose the physics models utilised, to handle complex geometries, and to enable its easy adaptation for optimal use in different sets of applications. The toolkit is the result of a worldwide collaboration of physicists and software engineers. It has been created exploiting software engineering and object-oriented technology and implemented in the C++ programming language. It has been used in applications in particle physics, nuclear physics, accelerator design, space engineering and medical physics. PACS: 07.05.Tp; 13; 23
In this study a regime switching approach is applied to estimate the chartist and fundamentalist (c&f) exchange rate model originally proposed by Frankel and Froot (1986). The c&f model is tested against alternative regime switching specifications applying likelihood ratio tests. Nested atheoretical models like the popular segmented trends model suggested by Engel and Hamilton (1990) are rejected in favour of the multi agent model. Moreover, the c&f regime switching model seems to describe the data much better than a competing regime switching GARCH(1,1) model. Finally, our findings turned out to be relatively robust when estimating the model in subsamples. The empirical results suggest that the model is able to explain daily DM/Dollar forward exchange rate dynamics from 1982 to 1998.
Remodeling of extracellular matrix (ECM) is an important physiologic feature of normal growth and development. In addition to this critical function in physiology many diseases have been associated with an imbalance of ECM synthesis and degradation. In the kidney, dysregulation of ECM turnover can lead to interstitial fibrosis, and glomerulosclerosis. The major physiologic regulators of ECM degradation in the glomerulus are the large family of zinc-dependent proteases, collectively refered to matrix metalloproteinases (MMPs). The tight regulation of most of these proteases is accomplished by different mechanisms, including the regulation of MMP gene expression, the processing and conversion of the inactive zymogen by other proteases such as serine proteases and finally the inhibition of active MMPs by endogenous inhibitors of MMPs, denoted as tissue inhibitors of metalloproteinases (TIMPs). Namely, the MMP-9 has been shown to be critically involved in the dysregulation of ECM turnover associated with severe pathologic conditions such as rheumatoid arthritis or fibrosis of lung, skin and kidney. In the present work I searched for a possible modulation of MMP-9 expression and/or activity in glomerular mesangial cells which are thought as key players of many inflammatory and non-inflammatory glomerular diseases. I found that various structurally different PPARalpha agonists such as WY-14,643, LY-171883 and fibrates potently suppress the cytokine-induced MMP-9 expression in renal MC. Furthermore, I demonstrate that the inhibition of MMP-9 expression by PPARalpha agonists was paralleled by a strong increase of cytokine-induced iNOS expression and subsequent NO formation, suggesting that PPARalpha-dependent effects on MMP-9 expression level primarily result from alterations in NO production which in turn reduces the MMP-9 mRNA half-life. Searching for the detailed mechanism of NO-dependent effects on MMP-9 mRNA stability, I found that NO either given from exogenous sources or endogenously produced increases the MMP-9 mRNA degradation by decreasing the expression of the mRNA stabilizing factor HuR. Furthermore, I demonstrate a reduction in the RNA-binding capacity of HuR containing complexes to MMP-9 ARE motifs in cells treated with NO. Since the reduction of HuR expression can be mimicked by the cGMP analog 8-Bromo-cGMP, I suggest that NO reduces in a cGMP-dependent manner the expression of HuR. Finally, I elucidated the modulatory effect of extracellular nucleotides, mainly ATP, on cytokine-triggered MMP-9 expression. Interestingly, I found that in contrast to NO, gamma-S-ATP the stable analog of ATP potently amplifies the IL-beta mediated MMP-9 expression. The increase in mRNA stability was paralleled by an increase in the nuclear-cytosolic shuttling of the mRNA stabilizing factor HuR. Furthermore, I demonstrate an increase in the RNA-binding capacity of HuR containing complexes to the 3'-UTR of MMP-9 by ATP. In summary, the data presented here may help to find new targets (posttranscriptional regulation) that could be used to manipulate or modulate the expression of not only MMP-9 but also other genes regulated on the level of mRNA stability.
The paper is structured as follows. Section 2.1 introduces the basic classes of adjectives that constitute the factual core of the paper. Section 2.2 summarizes in greater detail the X° and the XP movement approaches to word order variation within the DP. Section 3 briefly discusses problems for both approaches. Sections 4.1, 5.1, and 5.2 draw from Alexiadou (2001) and contain a discussion of Greek DS and its relevance for a re-analysis of the word order variation in the Romance DP. Section 4.2 introduces refinements to Alexiadou & Wilder (1998) and Alexiadou (2001). Section 5.3. discusses certain issues that arise from the analysis of postnominal adjectives in Romance as involving raising of XPs. Section 6 discusses phenomena found in other languages, which at first sight seem similar to DS. However, I show that double definiteness in e.g. Hebrew, Scandinavian or other Balkan languages constitutes a different type of phenomenon from Greek DS, thus making a distinction between determiners that introduce CPs (Greek) and those that are merely morphological/agreement markers (Hebrew, Scandinavian, Albanian).
Directed and elliptic flow of charged pions and protons in Pb + Pb collisions at 40 and 158 A GeV
(2003)
Directed and elliptic flow measurements for charged pions and protons are reported as a function of transverse momentum, rapidity, and centrality for 40 and 158A GeV Pb + Pb collisions as recorded by the NA49 detector. Both the standard method of correlating particles with an event plane, and the cumulant method of studying multiparticle correlations are used. In the standard method the directed flow is corrected for conservation of momentum. In the cumulant method elliptic flow is reconstructed from genuine 4, 6, and 8-particle correlations, showing the first unequivocal evidence for collective motion in A+A collisions at SPS energies.
Observation of an exotic S = -2, Q = -2 baryon resonance in proton-proton collisions at the CERN SPS
(2003)
Results of resonance searches in the Xi- pi-, Xi- pi+, antiXi+ pi- and antiXi+ pi+ invariant mass spectra in proton-proton collisions at sqrt s=17.2 GeV are presented. Evidence is shown for the existence of a narrow Xi- pi- baryon resonance with mass of 1.862+/-0.002 GeV/c^2 and width below the detector resolution of about 0.018 GeV/c^2. The significance is estimated to be 4.0 sigma. This state is a candidate for the hypothetical exotic Xi_(3/2)^-- baryon with S = -2, I = 3/2 and a quark content of (d s d s ubar). At the same mass a peak is observed in the Xi- pi+ spectrum which is a candidate for the Xi_(3/2)^0 member of this isospin quartet with a quark content of (d s u s dbar). The corresponding antibaryon spectra also show enhancements at the same invariant mass.
A rapidly growing literature has documented important improvements in volatility measurement and forecasting performance through the use of realized volatilities constructed from high-frequency returns coupled with relatively simple reduced-form time series modeling procedures. Building on recent theoretical results from Barndorff-Nielsen and Shephard (2003c,d) for related bi-power variation measures involving the sum of high-frequency absolute returns, the present paper provides a practical framework for non-parametrically measuring the jump component in realized volatility measurements. Exploiting these ideas for a decade of high-frequency five-minute returns for the DM/$ exchange rate, the S&P500 market index, and the 30-year U.S. Treasury bond yield, we find the jump component of the price process to be distinctly less persistent than the continuous sample path component. Explicitly including the jump measure as an additional explanatory variable in an easy-to-implement reduced form model for realized volatility results in highly significant jump coefficient estimates at the daily, weekly and quarterly forecast horizons. As such, our results hold promise for improved financial asset allocation, risk management, and derivatives pricing, by separate modeling, forecasting and pricing of the continuous and jump components of total return variability.
Results are presented on event-by-event fluctuations in transverse momentum of charged particles, produced at forward rapidities in p+p, C+C, Si+Si and Pb+Pb collisions at 158 AGeV. Three different characteristics are discussed: the average transverse momentum of the event, the Phi_pT fluctuation measure and two-particle transverse momentum correlations. In the kinematic region explored, the dynamical fluctuations are found to be small. However, a significant system size dependence of Phi_pT is observed, with the largest value measured in peripheral Pb+Pb interactions. The data are compared with predictions of several models. PACS numbers: 14.20.Jn, 13.75.Cs, 12.39.-x
Pentatomidae (Heteroptera) of Honduras : a checklist with description of a new ochlerine genus
(2003)
Through collecting, surveys of museum collections, and search of the literature, we are able to list 181 species of Pentatomidae as occurring within the boundaries of the Republic of Honduras. Most of these, 129, around 70%, are widespread in the American tropics. Twenty-nine species are new country records, reported for Honduras for the first time. Four species of pentatomids are endemic to Honduras including a new genus and species of ochlerine (Discocephalinae) herein described. Although a few species extend from South America into Honduras (the Gondwanan element), and a few from North America extend into Honduras (the Nearctic element), the most important faunal element is one which is native to nuclear Central America.
Hepatitis E virus (HEV) is a positive-stranded RNA virus with a 7.2 kb genome that is capped and polyadenylated. The virus is currently unclassified : the organisation of the genome resembles that of the Caliciviridae but sequence analyses suggest that it is more closely related to the Togaviridae. HEV is an enterically transmitted virus that causes both epidemics and sporadic cases of acute hepatitis in many countries of Asia and Africa but only rarely causes disease in more industrialised countries. Initially the virus was believed to have a limited geographical distribution. However, serological studies suggest that that HEV may be endemic also in the United states and Europe even though it infrequently causes overt disease in these countries. Many different animal species worldwide recently have been shown to have antibodies to HEV suggesting that hepatitis E may be zoonotic. Although two related strains have been experimentally transmitted between species, direct transmission from animal to a human has not been documented. Our main objective in this study is to evaluate the suitability of current available HEV antibody assays for use in low-endemicity areas such as in Germany. Methods: We selected sera on the basis of at least borderline reactivity in the routinely used Abbot EIA. Most were tested as part of routine screening of long-term expatriates in endemic countries. The following assays (recombinant antigens : ORF2 and ORF3) were used: Abbot EIA, Genelabs ELISA, Mikrogen recomBlot and a 'Prototype' DSL-ELISA. We observed a wide range of sensitivity ( average of 56.8%) and specificity ( an average of 61.4%) in these used assays. These results implies that , these assays might be unreliable for detection of HEV infection in areas where hepatitis E is not endemic. However, most anti- HEV assays have not been correlated with the HEV RNA determined by reverse transcription. Many of these unexpected results and discrepancies can be alluded to the following reasons: I. The choice and the size of the HEV antigen. II. Duration of the antibody persistence III. A cross reactivity with different agent IV. Due to geographic species V. A low sensitivity of the available assays. VI. And infection with non-pathogenic HEV strain. (zoonotic strain?). We therefore suggest that, further studies will be required to improve the sensitivity and specificity of the available commercial assays on the market.
Japan and south eastern Australia have a large exotic flora in common, in spite of contrasting histories, physiographies and land-use patterns. There are some 187 common invading species and at least 71 of these are widespread in both locations. Some 15 widespread exotic invaders in Japan have not been recorded in Australia and a number of native Japanese plants that could be introduced as ornamentals and escape cultivation are noted. The incursion of most exotic species to Japan has been historically recent. The lack of quarantine for plants (apart from parasitic plants and plants infected with disease) coupled with large importations of wheat and soybeans from north America and contaminated grain and fodder for farm animals has led to an exponential rate of plant invasion in Japan. The apparent lack of impact of woody invading species in Japanese forests and forests margins may be due simply to the relatively short time invading species (some with long juvenile periods) have been naturalised.
In this paper we focus on the similarities tying together the second segment of an onset cluster and a singleton coda segment. We offer a proposal based on Baertsch (2002) accounting for this similarity and show how it captures a number of observations which have defied previous explanation. In accounting for the similarity of patterning between the second member of an onset and a coda consonant, we propose to augment Prince & Smolensky's (P&S, 1993/2002) Margin Hierarchy so as to distinguish between structural positions that prefer low sonority and those that prefer high sonority. P&S's Margin Hierarchy, which gives preference to segments of low sonority, applies to singleton onsets; this is our M1 hierarchy. Our proposed M2 hierarchy applies both to the second member of an onset and to a singleton coda. The M2 hierarchy differs from the M1 hierarchy in giving preference to consonants of high sonority. Splitting the Margin Hierarchy into the M1 and M2 hierarchies allows us to explain typological, phonotactic, and acquisitional observations that have defied previous explanation. In Section 2 of this paper, we briefly provide background on the links that tie together the second member of an onset and a singleton coda. In Section 3, we review P&S's Margin Hierarchy, showing that it becomes problematic when extended to coda consonants. We then offer our proposal for a split margin hierarchy. Section 4 extends the split margin approach to complex onsets. We then show how it is able to account for various typological, phonotactic, and acquisitional observations. In Section 5, we will conclude the paper by briefly sketching how the split margin approach enables us to analyze syllable contact phenomena without requiring a specific syllable contact constraint (or additional hierarchy) or reference to an external sonority scale.
After more than a decade of post-socialist transition, transition theories are increasingly criticised for their inability to grasp the new post-socialist reality. However, even in the light of political, economic, social and cultural restructuring processes taking place on a global scale, the structural legacies of socialist and pre-socialist development are not erased. On the contrary, they continue to play an important role by filtering the impact of global tendencies upon post-socialist societies. With reference to a case study from the Romanian city of Timisoara I will address in the following the ambivalencies connected to the efforts of local elites in the process of implementing global-level requirements in a post-socialist environment.
Financial markets are to a very large extent influenced by the advent of information. Such disclosures, however, do not only contain information about fundamentals underlying the markets, but they also serve as a focal point for the beliefs of market participants. This dual role of information gains further importance for explaining the development of asset valuations when taking into account that information may be perceived individually (private information), or may be commonly shared by all traders (public information). This study investigates into the recently developed theoretical structures explaining the operating mechanism of the two types of information and emphasizes the empirical testability and differentiation between the role of private and public information. Concluding from a survey of experimental studies and own econometric analyses, it is argued that most often public information dominates private information. This finding justifies central bankers´ unease when disseminating news to the markets and argues against the recent trend of demanding full transparency both for financial institutions and financial markets themselves.
Taking shareholder protection seriously? : Corporate governance in the United States and Germany
(2003)
The paper undertakes a comparative study of the set of laws affecting corporate governance in the United States and Germany, and an evaluation of their design if one assumes that their objective were the protection of the interests of minority outside shareholders. The rationale for such an objective is reviewed, in terms of agency cost theory, and then the institutions that serve to bound agency costs are examined and critiqued. In particular, there is discussion of the applicable legal rules in each country, the role of the board of directors, the functioning of the market for corporate control, and (briefly) the use of incentive compensation. The paper concludes with the authors views on what taking shareholder protection seriously, in each country s legal system, would require.
Taking shareholder protection seriously? : Corporate governance in the United States and Germany
(2003)
The attitude expressed by Carl Fuerstenberg, a leading German banker of his time, succinctly embodies one of the principal issues facing the large enterprise – the divergence of interest between the management of the firm and outside equity shareholders. Why do, or should, investors put some of their savings in the hands of others, to expend as they see fit, with no commitment to repayment or a return? The answers are far from simple, and involve a complex interaction among a number of legal rules, economic institutions and market forces. Yet crafting a viable response is essential to the functioning of a modern economy based upon technology with scale economies whose attainment is dependent on the creation of large firms.
Lexicon of Zionism
(2003)
Based on a broad set of regional aggregated and disaggregated consumer price index (CPI) data from major industrialized countries in Asia, North America and Europe we are examining the role that national borders play for goods market integration. In line with the existing literature we find that intra-national markets are better integrated than international market. Additionally, our results show that there is a large "ocean" effect, i.e., inter-continental markets are significantly more segmented than intra-continental markets. To examine the impact of the establishment of the European Monetary Union (EMU) on integration, we split our sample into a pre-EMU and EMU sample. We find that border effects across EMU countries have declined by about 80% to 90% after 1999 whereas border estimates across non-EMU countries have remained basically unchanged. Since global factors have affected all countries in our sample similarly and major integration efforts across EMU countries were made before 1999, we suggest that most of the reduction in EMU border estimates has been "nominal". Panel unit root evidence shows that the observed large differences in integration across intra- and inter-continental markets remain valid in the long-run. This finding implies that real factors are responsible for the documented segmentations across our sample countries.
Despite the apparent stability of the wage bargaining institutions in West Germany, aggregate union membership has been declining dramatically since the early 90's. However, aggregate gross membership numbers do not distinguish by employment status and it is impossible to disaggregate these sufficiently. This paper uses four waves of the German Socioeconomic Panel in 1985, 1989, 1993, and 1998 to perform a panel analysis of net union membership among employees. We estimate a correlated random effects probit model suggested in Chamberlain (1984) to take proper account of individual specfic effects. Our results suggest that at the individual level the propensity to be a union member has not changed considerably over time. Thus, the aggregate decline in membership is due to composition effects. We also use the estimates to predict net union density at the industry level based on the IAB employment subsample for the time period 1985 to 1997. JEL - Klassifikation: J5
The focus of this study were Celtic gold coins excavated from the Martberg, a Celtic oppidium and sanctuary, occupied in the first century B.C. by a Celtic tribe known as the Treveri. These coins and a number of associated coinages, were characterised in terms of their alloy compositions and their geochemical and isotopic signatures so as to answer archaeological and numismatic questions of coinage development and metal sources. This required the development of analytical methods involving; Electron Microprobe (EPMA), Laser Ablation-ICP-MS, solution Multicollector-ICPMS and LA-MC-ICP-MS. The alloy compositions (Au-Ag-Cu-Sn) were determined by EPMA on a small polished area on the edge of the coins. A large beam size, 50µm (diameter), was used to overcome the extreme heterogeneity of these alloys. These analyses were shown to be representative of the bulk composition of the coins. The metallurgical development of the coinages was defined and showed that the earlier coinages followed a debasement trend, which was superceded by a trend of increasing copper at the expense of sliver while gold compositions remained stable. This change occurred with the appearance of the inscribed "POTTINA" coinage, Scheers 30/V. Two typologically different coinages, Scheers 16 and 18 ("Armorican Types") were found to have markedly different compositions which do not fit into the trends described above. A Flan for a gold coin, which may indicate the presence of a mint at the Martberg, was found to have an identicle weight and composition as the Scheers 30/I coins, which preceeded the majority of the coins found at the Martberg in the coin development chronology. The trace element anaylses were made by Laser Ablation-ICPMS using an AridusTM desolvating nebuliser to introduce matrix matched solution standards to calibrate the measurements, which were then normalised to 100%. Quantitative results were obtained for the following elements: Sc, Ti, Cr, Mn, Co, Ni, Cu, Zn, Se, Ru, Rh, Pd, Ag, Sb, Te, W, Ir, Pt, Pb, Bi. The remaining elements remain problematic as they produced incorrect standardisations mainly due to chemical effects in solution such as adsorption onto the beaker walls or oxidation : V, Fe, Ga, Ge, As, Mo, Sn, Re, Os, Hg. Changes in the sources of Au, Ag and Cu were observed during the development of the coinages through the variation of trace elements, which correlate positively with the major components of the coin alloys. Changes in the Pt/Au ratios show that the Scheers 23 coins contain distinctly different gold from the later coinages and that the Scheers 18 gold source was also different. Te/Ag was used to show that the Sch.23 coins also contained different silver and some subgroups were observed in the Sch. 30/V coins. A major change in copper source is indicated by the sudden increase of Sb and Ni with the introduction of the Sch. 30/V coins (POTTINA), which can be linked to a similar change in copper observed in the contemporary silver coinage, Sch. 55 (with a ring). Lead isotopic analyses were made by solution- and Laser Ablation - MC-ICP-MS, The laser technique proved to be in good agreement with the solution analyses with precisions between 1 and 0.1%o (per mil). The development of the laser method opens the way for easy and virtually non-destructive Pb isotopic determinations of ancient gold coins. The results showed that Sch. 23 is very different from the following coinages, Sch. 16 and 18 are also different, forming their own group, and all the later "Eye" staters (Sch. 30/I-VI) lie on a mixing line controlled by the addition of copper from a Mediterranean source, probably Sardinia or Spain. An indication of gold and silver sources should be possible with further analyses of the Sch. 23 and Rainbow Cup gold coins and the Sch. 54 and 55 silver coinages. Copper Isotopic analyses were made by solution- and Laser Ablation - MC-ICP-MS. Both techniques require further development to produce more reproducible results. The results show that there appears to be a trend to more positive d Cu65 values for the later coinages and that the link between the copper used in the Sch. 30/V (POTTINA) coins and the silver Sch. 55 (with a ring) coins is also shown by similarly postive d Cu65 values. The full suite of analyses were also made on samples of gold from the region. They were mostly composed of "placer gold", alluvial gold found in rivers. It was found that when a study is restricted to a limited number of deposits or areas then it is possible to distinguish between deposits based on the concentration of those elements which are least affected by transport related alteration processes. These elements include; the PGE's, due to their refractory nature, and those elements which are usually present in high enough concentrations to remain relatively unaffected, eg: Cu, Pb and Sb. Due to the nature of the coin alloy it is not possible to link the gold used in the coins studied here with gold deposits, as the large amounts of Ag and Cu, added to the coin alloys, have masked the Au signature. However, further Pb isotopic analyses of gold deposits should prove useful in determining from which regions Celtic gold was derived.
In this thesis the anti-proton to proton ratio in 197Au + 197Au collisions, measured at mid-rapidity, at a center of mass energy of psNN = 200GeV is reported. The value was measured to be ¹p/p = 0.81+-0.002stat +- 0.05syst: in the 5% most central collisions. The ratio shows no dependence on rapidity in the range jyj < 0:5. Furthermore, a dependence on transverse momentum within 0:4< p? < 1:0 GeV/c is not observed. At higher p?, a slight drop in the ratio is observed. In the present analysis, the highest momentum considered is p? = 4:5 GeV/c yielding ¹p=p = 0:645§0:005stat: §0:10syst:. However, the systematic error is higher in this momentum range. A slight centrality dependence was observed, where a decrease from ¹p=p = 0:83§0:002stat:§0:05syst: for most peripheral collisions (less than 80% central) to ¹p=p = 0:78§0:002stat:§0:05syst: for the 5% most central collisions was measured. An estimate of the feed-down contributions fromthe decay of heavier strange baryons results in ¹p=p = 0:77 § 0:05syst:. The measured ratio indicates a » 12:5 times higher value compared to the highest SPS energy of psNN = 17:3 and an \almost net-baryon free" region, at mid- rapidity. The asymmetry of protons and anti-protons may be explained by the contribution ofvalence quarks in a nucleus break-up picture. In such a scenario, the absolute value of the ratio and the fact that the ratio does not depend on rapidity (at mid-rapidity) is well reproduced. Fragmentation of quarks and anti- quarks into protons and anti-protons is assumed. An estimate of the ratio, when feed-down correction is taken into consideration, agrees well with the prediction of a statistical model analysis at a temperature of T = 177 § 7 MeV and a baryon chemical potential of ¹B = 29 § 8 MeV. The temperature achieved is only slightly higher when compared to the top SPS energy, while the baryochemical potential is factor »10 lower. As in the case of the SPS results, these parameters are close to the phase boundary of Figure 1.6. The measurement of the ratio at high transverse momentum was of special in- terest in this analysis, since at RHIC energies, the cross section for hadrons at high transverse momentum is increased with respect to SPS energies. The weak dependence of the ratio on the transverse momentum is well described by the non- perturbative quenched and baryon junction scenario (i.e. Soft+Quench model), where baryon creation is enhanced by baryon junctions. In comparison the ratio does not decrease within the considered momentum range as predicted by pQCD.
We present an effort for the development of multilingual named entity grammars in a unification-based finite-state formalism (SProUT). Following an extended version of the MUC7 standard, we have developed Named Entity Recognition grammars for German, Chinese, Japanese, French, Spanish, English, and Czech. The grammars recognize person names, organizations, geographical locations, currency, time and date expressions. Subgrammars and gazetteers are shared as much as possible for the grammars of the different languages. Multilingual corpora from the business domain are used for grammar development and evaluation. The annotation format (named entity and other linguistic information) is described. We present an evaluation tool which provides detailed statistics and diagnostics, allows for partial matching of annotations, and supports user-defined mappings between different annotation and grammar output formats.
In contrast to the class A heat stress transcription factors (Hsfs) of plants, a considerable number of Hsfs assigned to classes B and C have no evident function as transcription activators on their own. In the course of my PhD work I showed that tomato HsfB1, a heat stress induced member of class B Hsf family, is a novel type of transcriptional coactivator in plants. Together with class A Hsfs, e.g. tomato HsfA1, it plays an important role in efficient transcrition initiation during heat stress by forming a type of enhanceosome on fragments of Hsp promoter. Characterization of promoter architecture of hsp promoters led to the identification of novel, complex heat stress element (HSE) clusters, which are required for optimal synergistic interactions of HsfA1 and HsfB1. In addition, HsfB1 showed synergistic activation of the expression of a subset of viral and house keeping promoters. CaMV35S promoter, the most widely expressed constitutive promoter turned out to be the the most interesting candidate to study this effect in detail. Because, for most house-keeping promoters tested during this study, the activators responsible for constitutive expression are not known, but in case of CaMV35S promoter they are quite well known (the bZip proteins, TGA1/2). These proteins belong to the acidic activators, similar to class A Hsfs. Actually, on heat stress inducible promoters HsfA1 or other class A Hsfs are the synergistic partners of HsfB1, whereas on house-keeping or viral promoters, HsfB1 shows synergistic transcriptional activation in cooperation with the promoter specific acidic activators, e.g. with TGA proteins on 35S promoter. In agreement with this the binding sites for HsfB1 were identified in both house-keeping and 35S promoter. It has been suggested during this study that HsfB1 acts in the maintenance of transcription of a sub-set of house-keeping and viral genes during heat stress. The coactivator function of HsfB1 depends on a single lysine residue in the GRGK motif in its CTD. Since, this motif is highly conserved among histones as the acetylation motif, especially in histones H2A and H4,. It was suggested that the GRGK motif acts as a recruitment motif, and together with the other acidic activator is responsible for corecruitment of a histone acetyl transferase (HAT). So, the effect of mammalian CBP (a well known HAT) and its plant orthologs (HAC1) was tested on the stimulation of synergistic reporter gene activation obtained with HsfA1 and HsfB1. Both in plant and mammalian cells, CBP/HAC1 further stimulated the HsfA1/B1 synergistic effect. Corecruitment of HAC1 was proven by in vitro pull down assays, where the NTD of HAC1 interacted specifically both with HsfA1 and HsfB1. Formation of a ternary complex between HsfA1, HsfB1 and CBP/HAC1 was shown via coimmunoprecipitation and electrophoretic mobility shift assays (EMSA). In conclusion, the work presented in my thesis presents a new model for transcriptional regulation during an ongoing heat stress.
In an attempt to search for potential candidate molecules involved in the pathogenesis of endometriosis, a novel 2910 bp cDNA encoding a putative 411 amino acid protein, shrew-1 was discovered. By computational analysis it was predicted to be an integral membrane protein with an outside-in transmembrane domain but no homology with any known protein or domain could be identified. Antibodies raised against the putative open-reading frame peptide of shrew-1 labelled a protein of ca. 48 kDa in extracts of shrew-1 mRNA positive tissues and also detected ectopically expressed shrew-1. In the course of my PhD work, I confirmed the prediction that shrew-1 is indeed a transmembrane protein, by expressing epitope-tagged shrew-1 in epithelial cells and analysing the transfected cells by surface biotinylation and immunoblots. Additionally, I could show that shrew-1 is able to target to E-cadherin-mediated adherens junctions and interacts with the E-cadherin-catenin complex in polarised MCF7 and MDCK cells, but not with the N-cadherin-catenin complex in non-polarised epithelial cells. A direct interaction of shrew-1 with beta-catenin could be shown in an in vitro pull-down assay. From this data, it could be assumed that shrew-1 might play a role in the function and/or regulation of the dynamics of E-cadherin-mediated junctional complexes. In the next part of my thesis, I showed that stable overexpression of shrew-1 in normal MDCK cells. causes changes in morphology of the cells and turns them invasive. Furthermore, transcription by ²-catenin was activated in these MDCK cells stably overexpressing shrew-1. It was probably the imbalance of shrew-1 protein at the adherens junctions that led to the misregulation of adherens junctions associated proteins, i.e. E-cadherin and beta-catenin. Caveolin-1 is another integral membrane protein that forms complexes with Ecadherin- beta-catenin complexes and also plays a role in the endocytosis of E-cadherin during junctional disruption. By immunofluorescence and biochemical studies, caveolin-1 was identified as another interacting partner of shrew-1. However, the functional relevance of this interaction is still not clear. In conclusion, it can be said that shrew-1 interacts with the key players of invasion and metastasis, E-cadherin and caveolin-1, suggesting its possible role in these processes and making it an interesting candidate to unravel other unknown mechanisms involved in the complex process of invasion.
Sino-Tibetan is a prime example of how strongly a language family can typologically diversify under the pressure of areal spread features (Matisoff 1991, 1999). One of the manifestation of this is the average length of prosodic words. In Southeast Asia, prosodic words tend to average on one or one-and-a-half syllables. In the Himalayas, by contrast, it is not uncommon to encounter prosodic words containing five to ten syllables. The following pair of examples illustrates this.
In many languages, clauses can be subordinated by means of case markers. For Bodic languages, a branch of Sino-Tibetan, Genetti (1986) has shown that the meaning of case markers on clauses is in most instances a natural extension of their function on nouns. A dative, for example, which marks a referential goal with a noun, signals a situational goal, i.e., a purpose, when used on a clause. Among the case markers recruited for subordination, we not only get relatively concrete cases like datives, comitatives and various types of locatives, but also core argument relators such as ergatives and accusatives. In this paper, I focus on ergative markers in one subgroup of Bodic, viz. in Kiranti languages spoken in Eastern Nepal, especially in Belhare.
We consider the long-time behaviour of spatially extended random populations with locally dependent branching. We treat two classes of models: 1) Systems of continuous-time random walks on the d-dimensional grid with state dependent branching rate. While there are k particles at a given site, a branching event occurs there at rate s(k), and one of the particles is replaced by a random number of offspring (according to a fixed distribution with mean 1 and finite variance). 2) Discrete-time systems of branching random walks in random environment. Given a space-time i.i.d. field of random offspring distributions, all particles act independently, the offspring law of a given particle depending on its position and generation. The mean number of children per individual, averaged over the random environment, equals one The long-time behaviour is determined by the interplay of the motion and the branching mechanism: In the case of recurrent symmetrised individual motion, systems of the second type become locally extinct. We prove a comparison theorem for convex functionals of systems of type one which implies that these systems also become locally extinct in this case, provided that the branching rate function grows at least linearly. Furthermore, the analysis of a caricature model leads to the conjecture that local extinction prevails generically in this case. In the case of transient symmetrised individual motion the picture is more complex: Branching random walks with state dependent branching rate converge towards a non-trivial equilibrium, which preserves the initial intensity, whenever the branching rate function grows subquadratically. Systems of type 1) and systems of type 2) with quadratic branching rate function show very similar behaviour. They converge towards a non-trivial equilibrium if a conditional exponential moment of the collision time of two random walks of an order that reflects the variability in the branching mechanism is finite almost surely. The equilibrium population has finite variance of the local particle number if the corresponding unconditional exponential moment is finite. These results are proved by means of genealogical representations of the locally size-biased population. Furthermore, we compute the threshold values for existence of conditional exponential moments of the collision time of two random walks in terms of the entropy of the transition functions, using tools from large deviations theory. Our results prove in particular that - in contrast to the classical case of independent branching - there is a regime of equilibria with variance of the local number of particles.
In the present paper, I will argue that even in a language like German, where the verb system does not contain a grammaticized aspect distinction, aspectual features do underlie the early form-function-mapping of verb forms in L1-acquisition. Furthermore, it will be argued that it is not only past tense forms that may receive an aspectual interpretation in early child language but also other forms of the verbal input. In the case of German, these are the forms of the present tense paradigm and the past participle. Showing and discussing various piecesof evidence for this assumption should strengthen the "aspect before tense" or "primacy of aspect" hypothesis. In general, the paper aims at a deeper understanding of the hierarchical relation between tense and aspect whereby aspect is the basic category and, therefore, aspectual features are the inevitable starting point of the acquisition of grammar.
Yields, rapidity and transverse momentum spectra of Delta++(1232), Lambda(1520), Sigma+-(1385) and the meson resonances K0(892), Phi, rho0 and f0(980) are predicted. Hadronic rescattering leads to a suppression of reconstructable resonances, especially at low p_perp. A mass shift of the rho of 10 MeV is obtained from the microscopic simulation, due to late stage rho formation in the cooling pion gas.
We study the production of transversely polarized Λ hyperons in high-energy collisions of protons with large nuclei. The large gluon density of the target at saturation provides an intrinsic semi-hard scale which should naturally allow for a weak-coupling QCD description of the process in terms of a convolution of the quark distribution of the proton with the elementary quark–nucleus scattering cross section (resummed to all twists) and a fragmentation function. In this case of transversely polarized Λ production we employ a so-called polarizing fragmentation function, which is an odd function of the transverse momentum of the Λ relative to the fragmenting quark. Due to this kt-odd nature, the resulting Λ polarization is essentially proportional to the derivative of the quark–nucleus cross section with respect to transverse momentum, which peaks near the saturation momentum scale. Such processes might therefore provide generic signatures for high parton density effects and for the approach to the “black-body” (unitarity) limit of hadronic scattering.
In this study explanations are sought for the often reported associations in child language between tense/aspect morphology and situation type. The study is done on the basis of adult-adult data, child language and input language to the children. First of all it is shown that the associations are natural, since they are strong in adult-adult English as well. Only in the early stages does child language differ from this distribution, in that the associations are either stronger or different. Input data appear to account to a large extent for these differing patterns. An additional explanation is found in the discourse topics: within the context of talking about the here-and-now, the combinations of morphology and situation type that can be seen as unmarked suffice. In the context of talking about past events and of giving general comments about the world, marked combinations are necessary. It is shown that children in and their parents at the early ages mainly talk about the here-and-now, whereas adults among themselves hardly ever do so. Later, describing past events and commenting on the world becomes more frequent in child language and input, and, as a consequence, marked combinations of tense/aspect morphology and situation types increase in use.
We use a simple hard-core gas model to study the dynamics of small exploding systems. The system is initially prepared in a thermalized state in a spherical container and then allowed to expand freely into the vacuum. We follow the expansion dynamics by recording the coordinates and velocities of all particles until their last collision points (freeze-out). We have found that the entropy per particle calculated for the ensemble of freeze-out points is very close to the initial value. This is in apparent contradiction with the Joule experiment in which the entropy grows when the gas expands irreversibly into a larger volume.
Erina
(2003)
Johan comes to Africa to manage a tea plantation. He meets Erina, and his life changes forever. The story takes a leap into the unknown, cleverly blending an African setting with the fantastic premise at its core: the arrival of a black female Christ-figure. The use of AIDS as a weapon to effect the ultimate defeat of Satan adds a powerful and provocative dimension. Erina won Best First Book at the Zimbabwe Book Publishers Association awards
This paper analyses the effects of the Initial Public Offering (IPO) market on real investment decisions in emerging industries. We first propose a model of IPO timing based on divergence of opinion among investors and short-sale constraints. Using a real option approach, we show that firms are more likely to go public when the ratio of overvaluation over profits is high, that is after stock market run-ups. Because initial returns increase with the demand from optimistic investors at the time of the offer, the model provides an explanation for the observed positive causality between average initial returns and IPO volume. Second, we discuss the possibility of real overinvestment in high-tech industries. We claim that investing in the industry gives agents an option to sell the project on the stock market at an overvalued price enabling then the financing of positive NPV projects which would not be undertaken otherwise. It is shown that the IPO market can however also lead to overinvestment in new industries. Finally, we present some econometric results supporting the idea that funds committed to the financing of high-tech industries may respond positively to optimistic stock market valuations.
We calculate open charm and charmonium production in Au + Au reac- tions at ps = 200 GeV within the hadron-string dynamics (HSD) transport approach employing open charm cross sections from pN and N reactions that are fitted to results from PYTHIA and scaled in magnitude to the available experimental data. Charmonium dissociation with nucleons and formed mesons to open charm (D + ¯D pairs) is included dynamically. The comover dissociation cross sections are described by a simple phase-space model including a single free parameter, i.e. an interaction strength M2 0 , that is fitted to the J/ suppression data for Pb + Pb collisions at SPS energies. As a novel feature we implement the backward channels for char- monium reproduction by D ¯D channels employing detailed balance. From our dynamical calculations we find that the charmonium recreation is com- parable to the dissociation by comoving mesons. This leads to the final result that the total J/ suppression at ps = 200 GeV as a function of centrality is slightly less than the suppression seen at SPS energies by the NA50 Collaboration, where the comover dissociation is substantial and the backward channels play no role. Furthermore, even in case that all di- rectly produced J/ mesons dissociate immediately (or are not formed as a mesonic state), a sizeable amount of charmonia is found asymptotically due to the D + ! J/ + meson channels in central collisions of Au + Au at ps = 200 GeV which, however, is lower than the J/ yield expected from f pp collis ns.
In bioinformatics, biochemical pathways can be modeled by many differential equations. It is still an open problem how to fit the huge amount of parameters of the equations to the available data. Here, the approach of systematically learning the parameters is necessary. In this paper, for the small, important example of inflammation modeling a network is constructed and different learning algorithms are proposed. It turned out that due to the nonlinear dynamics evolutionary approaches are necessary to fit the parameters for sparse, given data. Proceedings of the 15th IEEE International Conference on Tools with Artificial Intelligence - ICTAI 2003