4,740 research outputs found
Application of the IS-MP-IA model to the German economy and policy implications
Get PDFExtending the IS-MP-IA model developed by Romer (2000) and applying the GARCH (Engle, 1982, 2001) methodology, the author finds that equilibrium GDP in Germany is positively affected by stock market performance and real exchange rate appreciation, and negatively influenced by the expected inflation rate, the government deficit/GDP ratio, and the U.S. federal funds rate. The relatively low deficit/GDP ratio of 1.83% in 2003 indicates that its fiscal condition was healthy. However, some other EU members may need to exercise fiscal discipline. Because real appreciation has a positive impact on output, a stronger euro may not be a concern for Germany but may be worried by those EU member nations which depend upon exports to stimulate their economies.
Cameron the rise of the new conservative
No full text"In 2005, David ('Dave') Cameron emerged as the first Tory leader in years to come across as a man of the people -- an ordinary bloke in a traditionally reviled political position. But spin-doctoring aside, not a great deal is known about his background, his family life or his gradual rise through the ranks of the Party. The son of a prosperous and disabled stockbroker father and a magistrate mother, and a descendant of King Henry VII, Cameron excelled at Eton and was voted most likely among his classmates to become Prime Minister. At Oxford he 'played a lot of pool and ate a lot of kebabs', but loved politics and worked extremely hard to achieve a high first. It was clear by then that he was headed for Westminster, and indeed a former colleague at the Conservative Research Department, which Cameron joined after graduation, referred to him as 'a young man in a hurry', a reputation cemented by his rapid rise to the head of the political department and the favour of John Major. Cameron also worked very closely with Norman Lamont and Michael Howard, and has been an MP since 2001. In 2005 he was asked by Howard to write the Tory manifesto, which was widely considered the most right-wing in post-war history. Months later, at the age of 39, he secured leadership of the Party. Following Cameron through a turbulent first year of leadership, to a victory, of sorts, in the General Election of May 2010, Hanning and Elliott look at the man behind the spin. Cameron now faces leading the country through one of the most testing financial climates it has ever seen, while navigating the precarious position of leader of an uneasy coalition. It remains to be seen what successes the future will hold"--Publisher's websit
The development of uncertainty in national and subnational population projections: A New Zealand perspective
No full textProjections or forecasts of future population, and the age and sex structure of the population, are key inputs to decision-making. However, these projections have an associated uncertainty that is often underappreciated by decision-makers. Moreover, a decision-maker faced with multiple population projections has no clear basis on which to decide between alternative projections. In this chapter, we outline the sources of uncertainty in population projections. We then describe the development of population projection methods in New Zealand, where the representation of uncertainty has become central to official projections produced by Statistics New Zealand, as well as alternative projections produced by the National Institute of Demographic and Economic Analysis. Finally, we outline a model-averaging approach that can be used by decision-makers to combine the information from multiple independent population projections. This may provide a more accurate approach to the use of population projections in decision-making, without requiring substantial modelling capability. This approach is illustrated with the example of subnational areas for the Waikato Region of New Zealand
The marginal willingness-to-pay for attributes of a hypothetical HIV vaccine
No full textThis paper estimates the marginal willingness-to-pay for attributes of a hypothetical HIV vaccine using discrete choice modeling. We use primary data from 326 respondents from Bangkok and Chiang Mai, Thailand, in 2008–2009, selected using purposive, venue-based sampling across two strata. Participants completed a structured questionnaire and full rank discrete choice modeling task administered using computer-assisted personal interviewing. The choice experiment was used to rank eight hypothetical HIV vaccine scenarios, with each scenario comprising seven attributes (including cost) each of which had two levels. The data were analyzed in two alternative specifications: (1) best-worst; and (2) full-rank, using logit likelihood functions estimated with custom routines in Gauss matrix programming language. In the full-rank specification, all vaccine attributes are significant predictors of probability of vaccine choice. The biomedical attributes of the hypothetical HIV vaccine (efficacy, absence of VISP, absence of side effects, and duration of effect) are the most important attributes for HIV vaccine choice. On average respondents are more than twice as likely to accept a vaccine with 99% efficacy, than a vaccine with 50% efficacy. This translates to a willingness to pay US$383 more for a high efficacy vaccine compared with the low efficacy vaccine. Knowledge of the relative importance of determinants of HIV vaccine acceptability is important to ensure the success of future vaccination programs. Future acceptability studies of hypothetical HIV vaccines should use more finely grained biomedical attributes, and could also improve the external validity of results by including more levels of the cost attribute
Winning redefined, a new brand positioning for MP Motorsport
No full textMP Motorsport is a talent educating race team participating in the classes below the Formula 1. The problem with the lower classes and therefore MP Motorsport as well is that these classes don’t get much attention and exposure. As a company run by people with passion the branding and positioning is more something that naturally emerged from this passion rather than a series of conscious decisions. This makes it fragile. A more conscious strategy and vision on how MP Motorsport needs to be branded and positioned against their competition that is more than “look how cool racing is” is needed to become more attractive for sponsoring. This report describes the process from analysis to finding the right positioning and an advise for a new brand identity and an implementation plan to help becoming more attractive for sponsoring goals. The analysis done with employees showed a unique characteristic that will help the team to position themselves against the competition; the family atmosphere. This atmosphere is what also characterises their contradictory personality. This personality is on one hand leading and ambitious and on the other hand modest and involved. Competition and stakeholder analysis have been performed to find the right combination of being unique to the competition, desirable for the stakeholders (the fans and sponsors) and builds upon the core strengths of the company. Then using the brand key model, a positioning is made with the essence: Be your best self. The belief, “in everyone hides a talent” and values like “everyone is equal” and “together we succeed” combined with the essence and the positioning resulted in a brand story that describes the feeling MP Motorsport wants to communicate. To manifestate the brand, an advise has been set up for a tone of voice and tone of image. Wrapped in a concept called “winning redefined” this advise is part of the whole implementation plan that should lead the way for the team to implement the newly created brand in short and long term actions. In 3 phases MP Motorsport is advised to start with a clear brand introduction to the target groups Gen Z and potential sponsors. The next phase revolves around creating a community to attract both Gen Z talents and subsequently sponsors to interact with the team and each other. Finally the last phase is long term focused and aims for sustainable growth. In this phase the community is established and can expect various opportunities to discover and develop a whole range of talents, sponsors and gen z are connected to each other via MP Motorsport and the team is able to finance the lower classes without the pressure of the money drivers bring along.Strategic Product Desig
Derivations (MP) and Evaluations (OT)
No full textThe main claim of this paper is that the minimalist framework and optimality theory adopt more or less the same architecture of grammar: both assume that a generator defines a set S of potentially well-formed expressions that can be generated on the basis of a given input, and that there is an evaluator that selects the expressions from S that are actually grammatical in a given language L. The paper therefore proposes a model of grammar in which the strengths of the two frameworks are combined: more specifically, it is argued that the computational system of human language CHL from MP creates a set S of potentially well-formed expressions, and that these are subsequently evaluated in an optimality theoretic fashion.The definitive version of this paper is published in Linguistics in Potsdam 25 (2006).Broekhuis, H. (2006). Derivations (MP) and Evaluations (OT)*. In H. Broekhuis & R. Vogel (Eds), Linguistics in Potsdam 25. Optimality Theory and Minimalism: A possible Convergence? Potsdam : Universitätsverlag PotsdamISBN: 9783939469544 (published book)This research is supported by the Netherlands Organisation of Scientific Research (NWO), grant 276-70-00
Cameron-Liebler Sets for 2-Transitive Groups
No full textA Thesis Submitted to the Faculty of Graduate Studies and Research In Partial Fulfillment of the Requirements for the Degree of Master of Science in Mathematics, University of Regina. xii, 118 p.This research was conducted on 2-transitive groups whose minimal normal subgroup is abelian. Suppose G is such a group and ΓG is its derangement graph. Any maximum coclique S of ΓG has a characteristic vector xS. Each xS is a boolean vector contained in a particular module, which is called the permutation module MP. This module has a dimension of 1 + (n − 1)2, where n = deg(G), and it is spanned by {xij | i,j∈{1,...,n}}, where each xij is the characteristic vector of Sij, the set of permutations that map i to j. Apart from the xij, which correspond to the stabilizers of G and their cosets, this research set out to find any other boolean vectors that are contained in Mp using linear programming. Henceforth, such boolean vectors are defined to be Cameron-Liebler sets for 2-transitive groups. In addition to finding Cameron-Liebler sets, analyses were performed on each group to determine: (1) whether the strict EKR property holds; (2) the number of maximum cocliques that are subgroups, cosets, or neither; (3) isomorphism classes and conjugacy classes of the maximum cocliques that are subgroups; (4) the dimension of C′, the maximum cliques that are subgroups (along with their right cosets), and C, all maximum cliques; and (5) the spectrum of ΓG and whether the ratio bound is satisfied with equality.Studentye
Stroom- en sedimentmeting Roompot-Veerse Dam (mp.8), 15 en 22 januari 1996
No full textStroom- en sedimentmeting Roompot-Veerse Dam (mp.8) 15 en 22 januari 1996.Deltawerken, Oosterscheld
A novel approach to MP-PIC: Continuum particle model for dense particle flows in fluidized beds
No full textA novel approach to Multiphase-Particle-in-Cell (MP-PIC), called Continuum Particle Model (CPM), is developed for dense gas-particle flows. CPM has high computational speed, comparable to that of MP-PIC, but a robustness and accuracy closer to that of a Discrete Element Model (DEM). The gas phase is treated as a continuum phase and particles are tracked discretely, but particle collisions are modelled by considering the divergence of the continuum particle stress tensor. Details on efficient solution to the model are presented. For comparison, a parametric study is performed for quasi-2D fluidized beds. Comparison of CFD-CPM is made with MP-PIC and CFD-DEM. The particle stress models by Harris and Crighton, and by Srivastava and Sundaresan are tested in our CFD-CPM. Results from CFD-CPM based on the Srivastava and Sundaresan particle stress model show good agreement with CFD-DEM results. We validate our model by comparison with experimental benchmark results from Gopalan et. al. (2016).Complex Fluid Processin
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