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Pensions, Xavier Sala-I-Martin

Discussion Papers

No abstract provided.

Measurement Of Returns To Adult Education: Morbidity Effects On Wage Rates In Côte D’Ivoire And Ghana, T. Paul Schultz, Aysit Tansel

Discussion Papers

No abstract provided.

Government Solvency, Ponzi Finance And The Redundancy And Usefulness Of Public Debt, Willem H. Buiter, Kenneth M. Kletzer

Discussion Papers

No abstract provided.

Optimal Changepoint Tests For Normal Linear Regression, Donald W.K. Andrews, Inpyo Lee, Werner Ploberger

Cowles Foundation Discussion Papers

This paper determines a class of finite sample optimal tests for the existence of a changepoint at an unknown time in a normal linear multiple regression model with known variance. Optimal tests for multiple changepoints are also derived. Power comparisons of several tests are provided based on simulations.

Optimal Tests When A Nuisance Parameter Is Present Only Under The Alternative, Donald W.K. Andrews, Werner Ploberger

Cowles Foundation Discussion Papers

This paper derives asymptotically optimal tests for testing problems in which a nuisance parameter exists under the alternative hypothesis but not under the null. The results of the paper are of interest, because the testing problem considered in non-standard and the classical asymptotic optimality results for the Wald, Lagrange multiplier (LM), and likelihood ratio (LR) tests do not apply. In the non-standard cases of main interest, new optimal tests are obtained and the LR test is not found to be an optimal test.

T-Cell Tumor Prevention By Treatments With Psoralen/Uva-Inactivated Tumor Cells, Francis M. Lobo

Yale Medicine Thesis Digital Library

In the photopheresis therapy for cutaneous T-cell lymphoma, malignant T-cells exposed to 8-methoxypsoralen (8-MOP) activated by ultraviolet A (UVA) light appear to induce an immunologic response against the malignancy. In order to investigate this response, we used T-cell hybridoma 2B4.11 in genetically compatible (AKR X B10 .A) F1 hybrid mice as a murine model for T-cell lymphoma. We compared the ability of cells inactivated by 8-MOP/UVA, mitomycin C (MMC)3 glutaraldehyde, and X-irradiation to immunize against tumor.

[3H]-thymidine-uptake assays determined the doses of 8-MOP/UVA, MMC, glutaraldehyde, and X-irradiation necessary for inactivation of 2B4.11 cells. Mice then were subjected to an immunization …

Report Of The Working Group On Banking Prerequisites, Parliament Of Finland / Suomen Eduskunta

Documents

No abstract provided.

Fdic Testing Cheaper Ways To Save Banks, Kenneth H. Bacon

Documents

No abstract provided.

Should We Worry About The Fiscal Numerology Of Maastricht?, Willem H. Buiter

Discussion Papers

No abstract provided.

Capital Mobility In Neoclassical Models Of Growth, Robert J. Barro, N. Gregory Mankiw, Xavier Sala-I-Martin

Discussion Papers

No abstract provided.

Money, James Tobin

Cowles Foundation Discussion Papers

Among the conventions of almost every human society of historical record has been the use of money, i.e., particular commodities or tokens as measures of value and media of exchange in economic transactions. Somehow the members of a society agree on what will be acceptable tender in making payments and settling debts among themselves. General agreement to the convention, not the particular media agreed upon, is the source of money’s immense value to the society. In this respect money is similar to language, standard time, or the convention designating the side of the road for passing. This paper reviews the …

Interpreting The Macroeconomic Time Series Facts: The Effects Of Moentary Policy, Christopher A. Sims

Cowles Foundation Discussion Papers

Existing theory and evidence on the effects of monetary policy are reviewed. Substantial room for disagreement among economists remains. New evidence, based on multivariate time series studies of several countries, is presented. While certain patterns in the data consistent with effective monetary policy are strikingly similar across countries, others, particularly the tendency of interest rate increases to predict high inflation, are harder to reconcile with effective monetary policy.

Expanding The Scope Of Expectations Data Collection: The U.S. And Japanese Stock Markets, Robert J. Shiller, Fumiko Kon-Ya, Yoshiro Tsutsui

Cowles Foundation Discussion Papers

A pilot effort was undertaken to experiment with a method of collecting parallel time series data for expectations and popular models and theories of institutional stock market participants in the United States and Japan 1989-91, covering the period before and after the dramatic and sudden halving of Japanese stock prices. Substantial variability within countries through time in the responses and dramatic differences across countries in expectations (even expectations for the same country) were found. There are significant research opportunities in expanded data collection along these lines.

Stabilization And Structural Reform In The Czech And Slovak Federal Republic: First Stage, Bijan B. Aghevli, Eduardo Borensztein, Tessa Van Der Willigen

Documents

No abstract provided.

Il Credito Di Ultima Istanza, Carlo Ciampi

Documents

No abstract provided.

The Fdic Can't Bear Many More Crosslands, Tim Smart

Documents

No abstract provided.

Maastricht Treaty, European Parliament

Documents

No abstract provided.

Article 87 Of The Ec Treaty, European Union

Documents

No abstract provided.

The ‘Dice’ Model: Background And Structure Of A Dynamic Integrated Climate-Economy Model Of The Economics Of Global Warming, William D. Nordhaus

Cowles Foundation Discussion Papers

This study is designed to present the methodological and technical assumptions and the results behind the Dynamic Integrated model of Climate and the Economy (the DICE model). It is a model that attempts to use the tools of modern economics to determine an efficient strategy for coping with the threat of global warming. The fundamental premise behind this study is that societies should undertake environmental policies only when their benefits, broadly construed, exceed their costs and that the level of environmental control should be at that point where the incremental benefits of additional controls no longer exceed the incremental costs. …

The Cowles Commission Approach, Real Business Cycle Theories, And New Keynesian Economics, Ray C. Fair

Cowles Foundation Discussion Papers

The Cowles Commission approach is reviewed and compared to the approaches of real business cycle (RBC) theorists and new Keynesian economists. It is argued that RBC models are not tested in a serious enough way and that the new Keynesian literature is not empirical enough for testing even to be a serious possibility. Macroeconomics seems to be moving away from its traditional empirical basis, which is sad. This paper argues for returning to the path that was abandoned by most macroeconomists around 1970, namely the specification and testing of structural macroeconometric models.

Estimates Of The Bias Of Lagged Dependent Variable Coefficient Estimates In Macroeconomic Equations, Ray C. Fair

Cowles Foundation Discussion Papers

A stochastic-simulation method is proposed in this paper for obtaining median unbiased estimates of lagged dependent variable coefficients in macroeconomic models. Estimated biases for 13 equations of a macroeconomic model are computed. These biases are on average somewhat smaller in absolute bias than would be expected from Andrews’ exact results for an equation with only a constant term, time trend, and lagged dependent variable, although they are larger than would be expected from Hurwicz’s original estimates. In a practical sense the estimated biases are not very large because they have little effect on the overall predictive accuracy of the model …

The Impact Climate On Agriculture: A Ricardian Approach, Robert Mendelsohn, William D. Nordhaus, Daigee Shaw

Cowles Foundation Discussion Papers

Because of the potential for global warming, there are widespread concerns about the impact of changing climate upon the productivity of land in farming and other sectors. This paper develops a new approach for measuring the economic impact of environmental factors such as climate on production by examining the direct impact of the environmental factor on land productivity as measured by land prices. This new method is applied to examine the effect of climate on agriculture using cross-sectional farm data for almost 3000 counties in the United States. It finds substantial impacts of climatic variation on both land values and …

Yale Political Monthly 1992 February, The Politic, Inc.

The Politic

No abstract provided.

Next Payout Planned Feb.14 To 'Final Four' Depositors, Neil Downing

Documents

No abstract provided.

Crossland Seized As Regulators Reject Bids, Phil Roosevelt, Barbara A. Rehm

Documents

No abstract provided.

Fdic Rejects Two Bids For Cross Land, Puts Up $1.2 Billion Of Its Own Capital, Neil Barsky, Kenneth H. Bacon

Documents

No abstract provided.

Fdic Establishes New Savings Bank As Successor To Crossland Savings Bank, Fsb, Brooklyn, N.Y., United States: Federal Deposit Insurance Corporation (Fdic)

Documents

No abstract provided.

Cross-Cultural Association Between Dietary Animal Protein And Hip Fracture: An Hypothesis, Benjamin Jac Abelow

Yale Medicine Thesis Digital Library

Age-adjusted female hip fracture incidence has been noted to be higher in industrialized countries than non-industrialized countries. A possible explanation which has received little attention is that elevated metabolic acid production associated with a high animal protein diet might lead to chronic bone buffering and bone dissolution. In an attempt to examine this hypothesis, cross-cultural variations in animal protein consumption and hip fracture incidence were studied. When female fracture rates derived from 34 published studies in 16 countries were regressed against estimates of dietary animal protein, a strong, positive association was found. This association could not plausibly be explained by …

Characterization Of Pregnancy Induced Changes In Glucose Metabolism, Stacey Ann Berg

Yale Medicine Thesis Digital Library

Many reports indicate that pregnancy is a diabetogenic state in which there is both insulin resistance and an exaggerated maternal glucose and insulin response to food ingestion. However, the magnitude of these aberrations and their temporal relationship have not been adequately characterized. This study utilizes the hyperglycemic clamp technique to investigate the insulin secretory response and tissue sensitivity to insulin under hyperglycemic conditions in normal and gestational diabetic pregnancies. Our results indicate that third trimester normal pregnancy is characterized by an increased first phase (108.81+/-13.03 uU/ml) and second phase (228.57+/-43.40 microunits/ml) insulin secretory response as compared to non-pregnant controls (72.93+/-15.76, …

Press Release A2026, Argentina: Banco De La Repºblica

Documents

No abstract provided.