scholarly journals Do Job Destruction Shocks Matter in the Theory of Unemployment

2018 ◽  
Vol 10 (3) ◽  
pp. 118-136 ◽  
Author(s):  
Melvyn G. Coles ◽  
Ali Moghaddasi Kelishomi

Because the data show that market tightness is not orthogonal to unemployment, this paper identifies the many empirical difficulties caused by adopting the free entry of vacancies assumption in the Diamond-Mortensen-Pissarides (DMP) framework. Relaxing the free entry assumption and using Simulated Method of Moments (SMM) finds the vacancy creation process is less than infinitely elastic. Because a recession-leading job separation shock then causes vacancies to fall as unemployment increases, the ad hoc restriction to zero job separation shocks (to generate Beveridge curve dynamics) becomes redundant. In contrast to standard arguments, the calibrated model finds the job separation process drives unemployment volatility over the cycle. (JEL E24, E32, J24, J63, J64)

2018 ◽  
Vol 33 (3) ◽  
pp. 444-472 ◽  
Author(s):  
Perry Maxfield Waldman Sherouse

In recent years, cars have steadily colonized the sidewalks in downtown Tbilisi. By driving and parking on sidewalks, vehicles have reshaped public space and placed pedestrian life at risk. A variety of social actors coordinate sidewalk affairs in the city, including the local government, a private company called CT Park, and a fleet of self-appointed st’aianshik’ebi (parking attendants) who direct drivers into parking spots for spare change. Pedestrian activists have challenged the automotive conquest of footpaths in innovative ways, including art installations, social media protests, and the fashioning of ad hoc physical barriers. By safeguarding sidewalks against cars, activists assert ideals for public space that are predicated on sharp boundaries between sidewalk and street, pedestrian and machine, citizen and commodity. Politicians and activists alike connect the sharpness of such boundaries to an imagined Europe. Georgia’s parking culture thus reflects not only local configurations of power among the many interests clamoring for the space of the sidewalk, but also global hierarchies of value that form meaningful distinctions and aspirational horizons in debates over urban public space. Against the dismal frictions of an expanding car system, social actors mobilize the idioms of freedom and shame to reinterpret and repartition the public/private distinction.


2021 ◽  
Author(s):  
Nanda R Aryal ◽  
Owen D Jones

Abstract We fit stochastic spatial-temporal models to high-resolution rainfall radar data using Approximate Bayesian Computation (ABC). As a baseline we fit a model of Cox, Isham and Northrop, which we then generalise in a variety of ways. Of central importance is the use of ABC, as it is not possible to fit models of this complexity using previous approaches. We also introduce the use of Simulated Method of Moments (SMM) to initialise the ABC fit.


Author(s):  
A. Dragun

The general issue of forest use has been highly contentious in Victoria and considerable human effort has been exerted to establish the “best” use of forests. This economic, bureaucratic and political contemplation has yielded a multitude of different policy prescriptions with quite variable efficiency and equity outcomes. However, a feature of the analysis is that nowhere-on the grounds of efficiency or equity-is forestry logging the clearly desired outcome. Yet in the face of insurmountable evidence against logging, governments in Victoria prevaricate over making a formal decision not to log the forests-in fact the ad hoc approach to forest management favours the established forest interests. Clearly the narrow economic power and interests of a few logging companies are sufficient to counterbalance the much greater-but diffuse-well being of the many citizens in the state.


2019 ◽  
Author(s):  
Mark Schweizer

Abstract The merits of using subjective probability theory as a normative standard for evidence evaluation by legal fact-finders have been hotly debated for decades. Critics argue that formal mathematical models only lead to an apparent precision that obfuscates the ad-hoc nature of the many assumptions that underlie the model. Proponents of using subjective probability theory as normative standard for legal decision makers, specifically proponents of using Bayesian networks as decision aids in complex evaluations of evidence, must show that formal models have tangible benefits over the more natural, holistic assessment of evidence by explanatory coherence. This article demonstrates that the assessment of evidence using a Bayesian network parametrized with values obtained from the decision makers reduces role-induced bias, a bias that has been largely resistant to de-biasing attempts so far.


2019 ◽  
Vol 2019 ◽  
pp. 1-18 ◽  
Author(s):  
Yanhua Li ◽  
Jingcheng Wang ◽  
Shihui Xiong ◽  
Li Cheng ◽  
Yuquan Wen ◽  
...  

An explosive bolt is a simple, highly reliable, and efficient pyrotechnic release device widely used in spacecraft and rocket launchers. High shock transient response is generated during the separation of a release device, which tends to damage the nearby micromechanism and hardware. The purpose of this article is to predict the shock response of an explosive bolt. In this paper, the separation process of a piston-type explosive bolt is simulated by using a hydrocode named AUTODYN and the influence of the charge amount on separation time, separation speed, and separation shock is analyzed. Results show that piston-type explosive bolts obey a tensile fracture mechanism and that the critical charge amount for separation is 354–398 mg of PETN. The separation shock of such an explosive bolt mainly includes two aspects: the shock caused by explosive detonations and the impact of the piston at the end of the stroke. As the charge amount increases, the separation time decreases, the speed of the piston and screw increases first and then decreases, and the separation shock first increases and then stabilizes. On a simple aluminum plate, the shock response decreases as the distance from the shock source increases, obeying the power function attenuation law.


1999 ◽  
Vol 7 ◽  
pp. 5
Author(s):  
Howard Wainer
Keyword(s):  
Ad Hoc ◽  
The Many ◽  

The critique of the Massachusetts Teacher Tests (MTT) by Haney and his colleagues is deserving of comment, both because of the impact of the MTT and because of the evocative manner in which the tale is told. Their emphasis on examples makes for a forceful argument, and I fear that my reliance on precepts may look meager by comparison. Nevertheless, I hope that some of the observations that follow contribute to the more reasoned assessment of these instruments and their use not just in Massachusetts but in the many other states where similar programs are being developed or contemplated.


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