352 research outputs found
Investigating Long-Run Demand for Broad Money in the Gulf Arab Countries
No full textWe estimate the long-run demand for broad money for the six Gulf Cooperation Council
countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates)
over the 1980–2012 period. Applying time series and panel econometric tests, we first document
the existence of long-run equilibrium relationship for money demand – both nationally
and regionally. The estimated income elasticities are generally lower than those reported
in the literature, while the interest elasticities are more in line with the standard money
demand literature. We discuss how the movements in income velocity can reconcile the
varying income and interest elasticities documented across the six countries. A discussion
on the homogeneity (poolability) of the long-run money demand parameters and the error
correction model of money demand is also provided
A study in panel cointegration and poolability: Long-run money demand equations for Gulf Cooperation Council countries
No full textWe model demand for money in the Gulf Cooperation Council
(GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) and test poolability (a key policy question in view of a planned monetary union) through a new bootstrap test. The results suggest that the welfare cost of inflation is different across GCC countries
Effects of Late-Cenozoic glaciation on habitat availability in Antarctic benthic shrimps (Crustacea: Decapoda: Caridea)
No full textMarine invertebrates inhabiting the high Antarctic continental shelves are challenged by disturbance of the seafloor by grounded ice, low but stable water temperatures and variable food availability in response to seasonal sea-ice cover. Though a high diversity of life has successfully adapted to such conditions, it is generally agreed that during the Last Glacial Maximum (LGM) the large-scale cover of the Southern Ocean by multi-annual sea ice and the advance of the continental ice sheets across the shelf faced life with conditions, exceeding those seen today by an order of magnitude. Conditions prevailing at the LGM may have therefore acted as a bottleneck event to both the ecology as well as genetic diversity of today’s fauna. Here, we use for the first time specific Species Distribution Models (SDMs) for marine arthropods of the Southern Ocean to assess effects of habitat contraction during the LGM on the three most common benthic caridean shrimp species that exhibit a strong depth zonation on the Antarctic continental shelf. While the shallow-water species Chorismus antarcticus and Notocrangon antarcticus were limited to drastically reduced habitat during the LGM, the deep-water shrimp Nematocarcinus lanceopes found refuge in the Southern Ocean deep sea. The modeling results are in accordance with genetic diversity patterns available for C. antarcticus and N. lanceopes and support the hypothesis that habitat contraction at the LGM resulted in a loss of genetic diversity in shallow water benthos
What is your diagnosis? [congenital bronchooesophageal fistula in dog]
No full textA 1-year-old Cairn Terrier had a history of chronic coughing which was worse after eating or drinking and which had not responded to antibiotics or corticosteroids. The dog had increased bronchial tones and a mild neutrophilia and a transtracheal aspirate showed neutrophilic inflammation with sepsis. A diagnosis of congenital bronchooesophageal fistula was made by thoracic radiography and fluoroscopic examination following oral administration of a barium sulfate solution. This was corrected by surgery..RE: 5 ref.; SC: CA; VE; ZA; 0I; 6VSource type: Electronic(1) http://upei-resolver.asin-risa.ca?sid=SP:CABI&id=pmid:&id=&issn=0275-6382&isbn=&volume=21&issue=4&spage=112&pages=112-113&date=1992&title=Veterinary%20Clinical%20Pathology&atitle=What%20is%20your%20diagnosis%3f%20%5bcongenital%20bronchooesophageal%20fistula%20in%20dog%5d.&aulast=Burton&pid=%3Cauthor%3EBurton%2c%20S%20A%3bHonor%2c%20D%20J%3bHorney%2c%20B%20S%3bBasher%2c%20A%20W%3bHogan%2c%20P%20M%3C%2Fauthor%3E%3CAN%3E19932280690%3C%2FAN%3E%3CDT%3EJournal%20article%3C%2FDT%3
What is your diagnosis? Transtracheal aspirate from a dog
No full textPUBM: Print; JID: 9880575; ppublishSource type: Electronic(1
Measuring Persistence of U.S. City Prices: New Evidence from Robust Tests
No full textThis paper revisits the empirical analysis in Cecchetti, Mark and Sonora (2002) involving long-span U.S. city prices, who estimated the persistence of U.S. price differentials to be around nine years. After controlling for the structural breaks in the data, we find that U.S. city price level differentials are I(0) stationary processes with the median half-life of convergence ranged between 1.5 and 2.6 years, estimates that are in accordance with what should be expected from a highly integrated economy as the United States. Our results are also robust to a pairwise tests of price level convergence.Purchasing power parity; Price level convergence; Half-life; Multiple structural breaks; Pairwise convergence.
Medial patellar luxation in 16 large dogs. A retrospective study
No full textUnilateral medial patellar luxation was diagnosed in 10, and bilateral medial patellar luxation in six, large and giant-breed dogs (22 stifles). Lameness occurred in five dogs after trauma or surgery, and 11 dogs had no known predisposing history. The mean age at presentation was 25 months, and the mean time from initial onset of clinical signs to diagnosis was 13 weeks. All traumatic or iatrogenic luxations (five dogs) were unilateral. Luxations presumed to be congenital were unilateral in five dogs and bilateral in six. The grades of medial patellar luxation were I (1 stifle), II (11 stifles), III (9 stifles), and IV (1 stifle). Preoperative function was good (1 dog), fair (9 dogs), and poor (6 dogs). Surgical correction was performed in dogs with grades II, III, and IV luxations (21 stifles). Complications included one wound dehiscence and trochlear wedge migration, one pin loosening, and one persistent lameness caused by lymphoplasmacytic synovitis. Long-term follow-up was available in 13 dogs (18 stifles). Function was judged by owners to be excellent in seven dogs, good in five dogs, and poor in one dog. Surgical treatment of grades II and III luxations yielded good (8 stifles) and excellent (9 stifles) results, while one grade IV luxation had a poor long-term outcome.LR: 20061107; PUBM: Print; JID: 8113214; ppublishSource type: Electronic(1
International Income Risk-Sharing and the Global Financial Crisis of 2008--2009
No full textWe examine the impact of the global financial crisis on the degree of international income and consumption risk-sharing among industrial economies using returns on cross-border portfolio holdings (e.g., debt, equity, fdi). We split the returns from the net foreign holdings as receipts (inflows) and payments (outflows) to investigate which of the two sides exhibited the greater resilience for income risk-sharing during the recent crisis. First, we find that debt delivered better risk-sharing than equity, mainly reflecting the deficit deterioration in EMU countries during the post-crisis period. FDI, by contrast, did not correspond to noticeable risk diversification. Second, separating output shocks into positive and negative components reveals that debt holding receipts (equity liability payments) performed better under negative (positive) realizations of the shock variable. Third, the unwinding of capital flows resulted in a sharp fall in income dis-smoothing via the debt liability channel in the new EU countries
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