786 research outputs found
Identiteter och världsbild : "hårdkokt" skriftbruk i Thorsten Jonssons noveller
identity and worldview – “hard-boiled” writing in Thorsten Jonsson’s short storiesThis article deals with the Swedish author Thorsten Jonsson (1910–50) and his first short story collection Som det brukar vara (1939) [‘As it usually is’]. The nar- rative represents a new modernistic literary trend in Swedish prose in the 1930s. i take my starting point in Burgess & ivanič’s (2010) theories of the act of writing involving many different identities, and particularly what Burgess & ivanič iden- tify as the discursive self. By contemporary readers and critics the discursive self in the short story collection was often connected with an American hard-boiled literary ideal, often linked to ernest Hemingway’s writings. in this article i dis- cuss the common textual features of the two authors’ first collections, but also the differences that emerge when looking through the linguistic surface. The analysis shows that Thorsten Jonsson’s discursive self is based upon a northern Swedish culture, Hemingway’s on an urban American one. </p
Measures of excess liquidity
The aim of this note is to provide an overview of various measures of excess liquidity, which can be defined as the deviation of the actual stock of money from an estimated equilibrium level. Given their dynamic nature, the excess liquidity measures under review are - in the light of long and variable lags of monetary policy - very useful tools to quantify future price pressures. In addition, excess liquidity measures consider inflation as a purely monetary phenomenon: neither the output gap nor liquidity gap - although both form an integral part of the concepts - an be held responsible for inducing a persistent rise in the price level. Despite strong theoretical support, the usefulness of excess liquidity measures depends on the stability of money demand, a question which has of course to be answered in the realm of empirical research. --P-star,excess liquidity,monetary policy,ECB
A case for money in the ECB monetary policy strategy
One major outcome of the review of the ECBs two pillar monetary policy strategy, which was published on 8 May 2003, has been the de facto downgrading of the hitherto prominent role assigned to the stock of money. According to the authors judgement, however, there is a strong theoretical and empirical rationale for the ECB monetary policy to pay close attention to the information content of money in the form of M3. However, the authors argue the ECB should make use of the so-called price gap or real money gap concept rather than the reference value as the latter runs the risk of giving misleading policy recommendations and compromising the indicator quality of the stock of money. Making use of M3 seems all the more rational as currently no better inflation indicator appears to exist in providing inflation forecasts in the euro area. --P-star,real money gap,excess liquidity,ECB
Why is unemployment so high in Bulgaria?
The author seeks to determine the main factors behind poor labor market outcomes in Bulgaria. Unemployment in Bulgaria is high and of long duration. The accumulation of the unemployment stock has been caused by relatively high inflows into unemployment coupled with limited outflows. These features of the Bulgarian labor market are typical of other transition economies in Central Europe and exploring their sources is of broad interest. The author focuses on determinants of and constraints to job creation. He uses data on job creation and job destruction from a survey of employment in all registered firms. He finds that the source of large inflows into unemployment is intensive enterprise restructuring associated with a high pace of job reallocation. However, job creation falls short of job destruction. Three main factors account for the limited job creation and hiring, and thus for low outflows from unemployment: a) The unfriendly business environment, reflected by a low rate of new firm formation, and a relatively small, small and medium enterprise sector. b) Labor market rigidities, including excessive hiring and firing costs. c) Skill and spatial mismatches brought about by enterprise restructuring, as well as low skills and marginalization of the long-term unemployed who cannot successfully compete for new jobs. The author recommends a three pronged strategy to improve labor market performance: (1) removing bureaucratic constraints to entry and expansion of firms; (2) enhancing labor market flexibility through lowering hiring and firing costs; and (3) improving the educational system so as to equip workers with broad and portable skills.Environmental Economics&Policies,Labor Policies,Labor Markets,Public Health Promotion,Health Monitoring&Evaluation,Environmental Economics&Policies,Labor Markets,Health Monitoring&Evaluation,Labor Standards,Banks&Banking Reform
Improvements to the Secure Construction and Utilization of Greedy Embeddings in Friend-to-Friend Overlays
Routing based on greedy network embeddings enables efficient and privacy-preserving routing in overlays where connectivity is restricted to mutually trusted nodes. In previous works, we proposed security enhancements to the embedding and routing procedures to protect against denial-of-service attacks by malicious overlay participants. In this work, we propose an improved timeout scheme to reduce the stabilization overhead of secure tree maintenance in response to node failures and malicious behavior. Furthermore, we present an attack-resistant packet replication scheme that leverages alternative paths discovered during routing
New results on the laser-accessible nuclear transition in Thorium-229
The radio isotope Thorium-229 is expected to present a remarkably low-energy excited (isomer) state of the nucleus which is expected around 10 eV. It might hence be possible to directly excite the atomic nucleus with UV (laser) radiation, creating a bridge between atomic and nuclear physics. The (expected) narrow line width of the transition and the intrinsic robustness of nuclear transitions to external fields makes it a promising candidate for a new frequency standard - a "nuclear clock". In this presentation we will review the current state of knowledge on the low-energy nuclear transition in Thorium-229 and the ongoing quest to measure it’s exact energy.
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Review and Annual meeting nuClock in Brussels 2016
Group photo taken at the 2016 yearly meeting. Front row: Giuseppe Larusso (NPL), Stephan Schneider (Vienna), Sarina Geldhof (Jyväskylä), Thorsten Schumm and Simon Stellmer (Vienna). Second row: Brenden Nickerson (Heidelberg), Ekkehard Peik (PTB), Andreas Fleischmann (Heidelberg), Georgy Kazakov (Vienna). Third row: Mustapha Laatiaoui (GSI), Pavlo Bilous (Heidelberg), Matthias Scholz (TOPTICA). Fourth row: Atsushi Yamaguchi (RIKEN), Johannes Thielking (PTB), Christian Enss (Heidelberg). Fifth row: Lars von der Wense and Peter Thirolf (LMU), Ilkka Pahalainen (Jyväskylä), Jürgen Stuhler (TOPTICA)
Living with Wolves
With their return to Germany, wolves leave their traces in personal feelings, in the atmospheres of rural landscapes and even in the sentiments and moods that govern political arenas. Thorsten Gieser explores the role of affects, emotions, moods and atmospheres in the emerging coexistence between humans and wolves. Bridging the gap between anthropology and ethology, the author literally walks in the tracks of wolves to follow their affective agency in a more-than-human society. In nuanced analyses, he shows how wolves move, irritate and excite us, offering answers to the primary question: What does it feel like to coexist with these large predators
Living with Wolves: Affects, Feelings and Sentiments in Human-Wolf-Coexistence
With their return to Germany, wolves leave their traces in personal feelings, in the atmospheres of rural landscapes and even in the sentiments and moods that govern political arenas. Thorsten Gieser explores the role of affects, emotions, moods and atmospheres in the emerging coexistence between humans and wolves. Bridging the gap between anthropology and ethology, the author literally walks in the tracks of wolves to follow their affective agency in a more-than-human society. In nuanced analyses, he shows how wolves move, irritate and excite us, offering answers to the primary question: What does it feel like to coexist with these large predators
Interest rate convexity and the volatility smile
When pricing the convexity effect in irregular interest rate derivatives such as, e.g., Libor-in-arrears or CMS, one often ignores the volatility smile, which is quite pronounced in the interest rate options market. This note solves the problem of convexity by replicating the irregular interest flow or option with liquidly traded options with different strikes thereby taking into account the volatility smile. This idea is known among practitioners for pricing CMS caps. We approach the problem on a more general scale and apply the result to various examples. --interest rate options,volatility smile,convexity,,option replication
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