3,838 research outputs found

    Information criteria for impulse response function matching estimation of DSGE models

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    We propose a new information criterion for impulse response function matching estimators of the structural parameters of macroeconomic models. The main advantage of our procedure is that it allows the researcher to select the impulse responses that are most informative about the deep parameters, therefore reducing the bias and improving the efficiency of the estimates of the model’s parameters. We show that our method substantially changes key parameter estimates of representative dynamic stochastic general equilibrium models, thus reconciling their empirical results with the existing literature. Our criterion is general enough to apply to impulse responses estimated by vector autoregressions, local projections, and simulation methods.

    ContextWorkflow: A Monadic DSL for Compensable and Interruptible Executions

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    Context-aware applications, whose behavior reactively depends on the time-varying status of the surrounding environment - such as network connection, battery level, and sensors - are getting more and more pervasive and important. The term "context-awareness" usually suggests prompt reactions to context changes: as the context change signals that the current execution cannot be continued, the application should immediately abort its execution, possibly does some clean-up tasks, and suspend until the context allows it to restart. Interruptions, or asynchronous exceptions, are useful to achieve context-awareness. It is, however, difficult to program with interruptions in a compositional way in most programming languages because their support is too primitive, relying on synchronous exception handling mechanism such as try-catch. We propose a new domain-specific language ContextWorkflow for interruptible programs as a solution to the problem. A basic unit of an interruptible program is a workflow, i.e., a sequence of atomic computations accompanied with compensation actions. The uniqueness of ContextWorkflow is that, during its execution, a workflow keeps watching the context between atomic actions and decides if the computation should be continued, aborted, or suspended. Our contribution of this paper is as follows; (1) the design of a workflow-like language with asynchronous interruption, checkpointing, sub-workflows and suspension; (2) a formal semantics of the core language; (3) a monadic interpreter corresponding to the semantics; and (4) its concrete implementation as an embedded domain-specific language in Scala

    Chondroprotective Effects of Chondrogenic Differentiated Adipose-Derived Mesenchymal Stem Cells Sheet on Degenerated Articular Cartilage in an Experimental Rabbit Model

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    金沢大学博士(医学)博士論文 要旨Abstract/本文Full 以下に掲載:Bioengineering 10(5) pp.574-590 2023. MDPI. 共著者:Atsushi Taninaka, Tamon Kabata, Katsuhiro Hayashi, Yoshitomo Kajino, Daisuke Inoue, Takaaki Ohmori, Ken Ueoka, Yuki Yamamuro, Tomoyuki Kataoka, Yoshitomo Saiki, Yu Yanagi, Musashi Ima, Takahiro Iyobe, Hiroyuki Tsuchiyadoctoral thesi

    Shortcomings of a parametric VaR approach and nonparametric improvements based on a non-stationary return series model

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    A non-stationary regression model for financial returns is examined theoretically in this paper. Volatility dynamics are modelled both exogenously and deterministic, captured by a nonparametric curve estimation on equidistant centered returns. We prove consistency and asymptotic normality of a symmetric variance estimator and of a one-sided variance estimator analytically, and derive remarks on the bandwidth decision. Further attention is paid to asymmetry and heavy tails of the return distribution, implemented by an asymmetric version of the Pearson type VII distribution for random innovations. By providing a method of moments for its parameter estimation and a connection to the Student-t distribution we offer the framework for a factor-based VaR approach. The approximation quality of the non-stationary model is supported by simulation studies. --heteroscedastic asset returns,non-stationarity,nonparametric regression,volatility,innovation modelling,asymmetric heavy-tails,distributional forecast,Value at Risk (VaR)

    Capacitors

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    This webpage is part of a larger site by the author about electronic circuit engineering. This page introduces the reader to capacitors, including the principles behind how they work. Explanations of several different types of capacitors (including Electrolytic, Tantalum, and Mica) are accompanied by detailed color illustrations of the concepts

    Lecideoid lichens of Prince Olav Coast and Soya Coast, Enderby Land, East Antarctica

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    Five species of lecideoid lichens belonging to three genera are reported as new to the flora of the Prince Olav Coast and the Soya Coast, Enderby Land, East Antarctica; they are Carbonea capsulata (DODGE & BAKER) HALE, Lecidea andersonii R. FILSON, Lecidea cancriformis DODGE & BAKER, Lecidea soyaensis M. INOUE and Lecidella siplei (DODGE & BAKER) M. INOUE. All are endemic to Antarctica. An examination was made of the collections from the region, which were collected mainly by the author under the project of the 27th Japanese Antarctic Research Expedition (JARE-27,during January 1986 and February 1987). The type and authentic specimens of possibly related species have been restudied. Lecidea soyaensis M. INOUE is new to science and Lecidella siplei (DODGE & BAKER) M. INOUE is proposed as a new combination. Taxonomic and chemical data as well as a key to the known taxa are provided

    Honorific usage in educational and medical institutions

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    Obana (2000) and Inoue (1979) state that professors/doctors receive exalting language from administrative staff members when they refer to professors/doctors with people from outside. Similarly, Kēgo no Shishin (2007) suggests that administrative staff members in educational/medical institutions can use an honorary title with professors/doctors. Obana\u27s and Inoue\u27s claims and Kēgo no Shishin\u27s recommendation is not in line with the concept of relative honorifics. Considering the fact that Obana\u27s and Inoue\u27s claims have yet to be supported by an empirical study, this study attempted to investigate honorific usage in educational and medical institutions in order to 1) test Obana\u27s and Inoue\u27s claims, and 2) examine how closely the current usage follows Kēgo no Shishin\u27s recommendation. This questionnaire study found a small number of instances where professors/doctors receive exalting language as well as honorary titles from administrative staff members. Notably males over 40s in educational organizations used exalting language more frequently than the rest of the participants. A great majority of the participants in both institutions, however, favored humbling language over exalting language regardless of their organization type, gender, age, experience, and location. This result constitutes evidence against Obana\u27s and Inoue\u27s claims. Another finding is that participants who use humbling language still use the honorary titles. This particular honorific usage is interpreted as reflecting the speaker\u27s ambivalent attitude, but it is in line with the recommendation provided in Kēgo no Shishin

    The Hobby of Electronic Circuit Engineering

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    This website (originally created in Japanese and translated into English using translation software) by a Japanese systems engineer, Seiichi Inoue, provides an extensive overview of electronic circuit engineering. Topics covered include: Basic knowledge of Electronic parts, Basic knowledge of Engineering Instruments, an Introduction of Engineering Method, and the Assembly Process. A variety of electronic circuits and their uses are provided, as well as a separate section on PIC electronic circuits. The language may be difficult to follow at times given the translation, but still a gem of a site for anyone wanting to build some circuits! Keep in mind that in some sections, the author notes that he is "describing while studying, there seems to be mistakes in the contents. Do at your own risk." For some further browsing, he includes sections on his other interests, such as 3D photography, java programming, CAD, Japanese customs and the Japanese language

    Minority carrier lifetime mapping of solar cells

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    The minority carrier lifetime distribution across silicon solar cells was investigated using variations of the open circuit voltage decay method. This was performed on monocrystalline, polycrystalline and amorphous silicon solar cells. Light from a white LED was focused using an aperture and a glass bi-convex lens to a spot size of 2mm on the surface of each cell investigated and moved in 1mm increments. At each point, a short pulse of light was emitted from the LED, with the open circuit voltage generated measured with time. This decay was then analysed using two calculation methods using a program written in LabVIEW. The generated minority carrier lifetime values at each point were exported in an array and plotted in Microsoft Excel, so that maps of the minority carrier lifetime were created. The calculation method from Mahan et al. (Mahan et al. 1979), produced values of the minority carrier lifetime that were consistently lower than the results found using the method from Ranjan, Solanki and Lal (Ranjan, Solanki, and Lal 2008). The values of the minority carrier lifetime obtained in both instances were generally in the expected range, once abnormally high lifetimes found to be a result of external factors (such as increased background effects due to low LED intensities or measured open circuit voltages) were removed. Due to the high levels of inaccuracy involved in analysis of the open circuit voltage decay curves, it was determined that this method could not produce reliable values of the minority carrier lifetime. However, through agreement of the two calculation methods used, the distribution of the minority carrier lifetime (such as regions of comparatively high and low lifetimes across a cell) could be determined with some accuracy in the case of the monocrystalline and polycrystalline silicon cells
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