... 4.86 The evidence using the MAE metric (se Table 3) strengthens the results reported above. The structural EqCM performs the best of all the models at all horizons (with the exception ofthe ... Hungnes The importanceof interest rates for forecasting the exchange rate Abstract: This study compares the forecasting performance of a structural exchange rate model that combines the purchasing ... However, neither of these two hypothesis can be rejected when the rest ofthe cointegrating vectors are left unrestricted, implying that the hypotheses of PPP and UIP should be combined. In the end,...
... part of history 1 Overview ofthe literature 6 information. Thus, need for trust rises with the extent to which the performed task is not monitorable, which is mainly the case for highly ... and the Barometers. These are today the main sources for researchers within this area and the number of countries for which the data is available rises every year. Yet, the validity ofthe ... influence on the accumulation of human capital all other things being equal. Therefore the percentage of the population aged 25 or older that attained a secondary level education is used as the dependent...
... aspects ofthe income distribution. We then turn to the relationship of education and economic growth. Research into the economics ofgrowth has itself been a growth area, but much of the research ... consideration ofthe quality of education, measured by the cognitive skills learned, alters the assessment ofthe role of education in the process ofeconomic development dramatically. When using the ... Hanushek (forthcoming) for details ofthe extension. 32 As discussed below, one line of investigation has been the impact of mismeasurement ofthe quantity of education on growth. The Cohen...
... higher growthofthe rental rate than high-rent regions (Richardson, 1973). 3.1.2 Growth Pole Theory Another theory that is often used to explain the process ofgrowth is thegrowth pole theory. ... sectors ofthe economy are used in the analysis. The data used are from the Regional Economic Information System (REIS) compiled by the Bureau ofEconomic Analysis. Other secondary data from the ... chapter, the theoretical background forthe study is discussed. Since the study evaluates how welfare reform policy affects economic growth, a review of some relevant regional economicgrowth theories...
... increase the parsimony ofthe models. With the new model for f and p, we then searched forthe mostparsimonious model forthe maturation probability.Alternative models for f and p were then again ... in the laboratory, each observation was weighted with the inverse ofthe estimated probability of survival in the estimation (see Littell et al. 1996). Hence, the sum of weightings of animals of ... determinant of onset of spring reproduc-tion. On the other hand, since some ofthe voles hadalready started to reproduce in the increase area whenthey were sampled in the field, it may also be that the increase-area...
... collaboration, led by the project manager, the information for production of a new product will be integrated, and the project will be finished in real time. Furthermore, the cost for production ... for developing new products for a company, whether it is an upgrade of an existing product or a new concept (either forthe company or forthe customer). It includes all activities from the ... assertion, the distribution of published articles per year extracted from the Web of Science database is demonstrated in Figures 4 to 7. Therefore, in order to determine the formation of active...
... well,respectively. The number of cells was determined as cellsper area of well, as used in the cell growth inhibition assay. The culture was incubated for 72 h in the absence or pres-ence ofthe polyphenolic ... com-pounds of interest in the prevention of colon cancer.In the present study, we investigated the relationship of different structural factors of procyanidins, such as the mean degree of polymerization ... However, the development of effec-tive and safe agents forthe prevention and treatment of cancer remains inefficient and costly, and falls short of the requirements for primary prevention among the high-risk...
... reduce the value ofthe product to the customer. 50. The “image” of a brand is therefore an integral part ofthe product, and determines the willingness to pay of consumers. Manufacturers of luxury ... can only be given by conditioning them on the result ofthe effort. However, the result ofthe effort is making a sale. The manufacturer therefore has to give the retailer some payment per sale ... to the case of selective distribution of luxury goods. However, e-Bay’s paper pushes for change in the EU directive that would generally place the burden of proof of the efficiency effects of...
... OF MEDIA ECONOMIC FRAMEWORK IN THE FIELD OF PROJECT BUSINESS FOR NOVEL MEDIA Nafis Iskander PhD Student Tampere University of Technology, EMMi Lab, www.tut.fi/emmi Department of ... output from investment of social media companies? Which business models are working and might emerge in the future for social media? What is the relevance of media economic framework against ... Department of Business Information and Logistics Faculty of Business and Technology Date: 28.09.2011 VISUAL MEDIA (APPLICATION OF MEDIA ECONOMIC FRAMEWORK) Criteria for Video Media Criteria...
... exp(Cn1+δ), not, say, exp(Cnlog n).In view oftheimportanceofthe theorem, we present an outline of its proof.Outline ofthe proof ofthe Shift Theorem. Let x0be (n, 1/n(C, ))-periodic.ã ... application of this formula completes the proof ofthe CollectionLemma. Q.E.D.Proof of Proposition 3.1.2. The number of starting points ˜x0⊂ I˜γn for a˜γn-pseudotrajectory equals 1/˜γn. Therefore, ... C2-smooth maps ofthe interval I =[−1, 1]In Section 2.4 we concluded that the key to the proof of Theorem 1.3.9(which implies the Main Theorem) is to get an estimate ofthe measure of “bad” parameters....
... Capitalforthe 21st Century.Washington, DC: World Bank.Young, Alwyn. 2005. The gift ofthe dying: The tragedy of AIDS and the welfare of futureAfrican generations,”Quarterly Journal of Economics ... In the long run, however, capital per worker ishigher in the base case than in the open economy case b ecause slower labor force growth drives down the marginal product of capital, which in the ... Ester Du‡o. 2005. Growth theory through the lens of developmenteconomics,” in Philippe Aghion and Steven N. Durlauf (eds.), Handbook of Economic Growth, Vol. 1A. Amsterdam, The Netherlands: Elsevier...
... cell therapy for cancer: The importanceofthe interaction of multipledisciplines to advance clinical therapyCornelis JM Melief1, John J O’Shea2and David F Stroncek3*Abstract The field of ... beendue to the rapid evolution of immunology, cancer biology, gene therapy and stem cell biology and the translation of advances in these fields from the research laboratory to the clinic. The continued ... development of this field isdependent on the exchange of ideas across these diverse disciplines, the testing of new ideas in the researchlaboratory and in animal models, the development of new cellular...
... critique the “concurrency hypothesis” on a num-ber of grounds. They argue that neither the mathematicalmodelling work nor the behavioural data provide a con-vincing picture fortheimportanceof ... repeat when the y discuss thesemodels in terms ofthe assumptions they make “[i]norder to generate rapid spread of HIV” . Few of thesemodels have the goal of accurately reproducing the rapidriseinprevalencethatwasobservedinpartsofsub-Saharan ... al [27] used these estimates aswell, the former exclusively, and the latter for theirfourth model. In the Hollings worth framework, there isno explicit estimate forthe number of coital acts...
... rootsquares forthe consumpt ion curve fittings were ≥ 0.98. Formation ofthe mycotoxins could be described logisti-cally and were also fitted according to Eq. 1. The rootsquare fortheformation ... production. The use ofthe semi-synthetic Czapek-Dox medium allowed the exchange of carbon and nitrogen sources for acetate and aspartic acid. The use of acetate instead of glucose resulted in the sole ... yet. To the knowledge of the authors only one protocol for submerged fermentation of Alternaria spp. forthe production ofthe new antibio-tic altersetin (Hellwig et al. 2002) and another solid...