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We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time-series and panel methods substantially exaggerate the persistence of real exchange rates because of heterogeneity in the dynamics of disaggregated relative prices. When heterogeneity is properly taken into account, estimates of the real exchange rate half-life fall dramatically, to little more than one year, or significantly below Rogoff's "consensus view" of three to five years. We show that corrected estimates are consistent with plausible nominal rigidities, thus, arguably, solving the PPP puzzle.
Econometrics --- Foreign Exchange --- Macroeconomics --- Financial Aspects of Economic Integration --- Open Economy Macroeconomics --- Index Numbers and Aggregation --- leading indicators --- Estimation --- Price Level --- Inflation --- Deflation --- Currency --- Foreign exchange --- Econometrics & economic statistics --- Real exchange rates --- Purchasing power parity --- Exchange rates --- Estimation techniques --- Price indexes --- Econometric analysis --- Prices --- Econometric models --- United States --- Leading indicators
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Smooth Manifolds and Observables is about the differential calculus, smooth manifolds, and commutative algebra. While these theories arose at different times and under completely different circumstances, this book demonstrates how they constitute a unified whole. The motivation behind this synthesis is the mathematical formalization of the process of observation in classical physics. The main objective of this book is to explain how differential calculus is a natural part of commutative algebra. This is achieved by studying the corresponding algebras of smooth functions that result in a general construction of the differential calculus on various categories of modules over the given commutative algebra. It is shown in detail that the ordinary differential calculus and differential geometry on smooth manifolds turns out to be precisely the particular case that corresponds to the category of geometric modules over smooth algebras. This approach opens the way to numerous applications, ranging from delicate questions of algebraic geometry to the theory of elementary particles. This unique textbook contains a large number of exercises and is intended for advanced undergraduates, graduate students, and research mathematicians and physicists.
Manifolds (Mathematics) --- Variétés (Mathématiques) --- Manifolds (Mathematics). --- Geometry --- Mathematics --- Physical Sciences & Mathematics --- Mathematics. --- Algebra. --- Complex manifolds. --- Quantum physics. --- Quantum computers. --- Spintronics. --- Manifolds and Cell Complexes (incl. Diff.Topology). --- Quantum Physics. --- Quantum Information Technology, Spintronics. --- Cell aggregation --- Quantum theory. --- Fluxtronics --- Magnetoelectronics --- Spin electronics --- Spinelectronics --- Microelectronics --- Nanotechnology --- Computers --- Quantum dynamics --- Quantum mechanics --- Quantum physics --- Physics --- Mechanics --- Thermodynamics --- Mathematical analysis --- Analytic spaces --- Geometry, Differential --- Topology --- Variétés différentiables --- Analyse sur une variété
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Human tissues often support large, complex microbial communities growing as biofilms that can cause a variety of infections. As a result of an increased use of implanted medical devices, the incidence of these biofilm-associated diseases is increasing: the non-shedding surfaces of these devices provide ideal substrata for colonisation by biofilm-forming microbes. The consequences of this mode of growth are far-reaching. As microbes in biofilms exhibit increased tolerance towards antimicrobial agents and decreased susceptibility to host defence systems, biofilm-associated diseases are becoming increasingly difficult to treat. Not surprisingly, therefore, interest in biofilms has increased dramatically. The application of microscopic and molecular techniques has revolutionised our understanding of biofilm structure, composition, organisation, and activities, resulting in important advances in the prevention and treatment of biofilm-related diseases. The purpose of this book, which was first published in 2003, is to bring these advances to the attention of clinicians and medical researchers.
Biofilms. --- Food -- Microbiology. --- Food -- Safety measures. --- Food Industry. --- Medical microbiology. --- Biofilms --- Medical microbiology --- Prosthesis-Related Infections --- Infection --- Postoperative Complications --- Microbiological Phenomena --- Pathologic Processes --- Phenomena and Processes --- Bacterial Infections and Mycoses --- Diseases --- Pathological Conditions, Signs and Symptoms --- Microbiology & Immunology --- Biology --- Health & Biological Sciences --- Symptoms and General Pathology --- Pathological Processes --- Processes, Pathologic --- Processes, Pathological --- Microbial Concepts --- Microbial Phenomena --- Microbiologic Concepts --- Microbiological Phenomenon --- Microbiological Process --- Phenomena, Microbiologic --- Microbiologic Phenomena --- Microbiological Processes --- Concept, Microbial --- Concept, Microbiologic --- Concepts, Microbial --- Concepts, Microbiologic --- Microbial Concept --- Microbiologic Concept --- Phenomena, Microbial --- Phenomena, Microbiological --- Phenomenon, Microbiological --- Process, Microbiological --- Processes, Microbiological --- Dysbiosis --- Complication, Postoperative --- Complications, Postoperative --- Postoperative Complication --- Surgical Procedures, Operative --- Infection and Infestation --- Infections and Infestations --- Infestation and Infection --- Infestations and Infections --- Biofilm --- Dental Deposits --- Adhesins, Bacterial --- Biofouling --- Infections, Prosthesis-Related --- Prosthesis Related Infection --- Prosthesis-Related Infection --- Infection, Prosthesis Related --- Prosthesis Related Infections --- Related Infection, Prosthesis --- Related Infections, Prosthesis --- Microbial aggregation --- Microbial ecology
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The health of populations in OECD countries has improved dramatically over the past forty years, while health expenditure has been growing rapidly and now represents more than 8% of gross domestic product (GDP) in more than half of OECD countries. As a result, health systems have become the largest service industry in most OECD countries.
Delivery of health care -- Utilization. --- Health care costs. -- Statistics. --- Health status indicators -- Statistics. --- Medical policy -- OECD countries. --- Health Surveys --- Patient Care Management --- Health Care Quality, Access, and Evaluation --- Data Collection --- Health Services Administration --- Health Care --- Epidemiologic Methods --- Health Care Evaluation Mechanisms --- Investigative Techniques --- Public Health --- Quality of Health Care --- Analytical, Diagnostic and Therapeutic Techniques and Equipment --- Environment and Public Health --- Health Status Indicators --- Delivery of Health Care --- Community-Based Distribution --- Contraceptive Distribution --- Delivery of Healthcare --- Dental Care Delivery --- Distribution, Non-Clinical --- Distribution, Nonclinical --- Distributional Activities --- Healthcare --- Healthcare Delivery --- Healthcare Systems --- Non-Clinical Distribution --- Nonclinical Distribution --- Delivery of Dental Care --- Health Care Delivery --- Health Care Systems --- Activities, Distributional --- Activity, Distributional --- Care, Health --- Community Based Distribution --- Community-Based Distributions --- Contraceptive Distributions --- Deliveries, Healthcare --- Delivery, Dental Care --- Delivery, Health Care --- Delivery, Healthcare --- Distribution, Community-Based --- Distribution, Contraceptive --- Distribution, Non Clinical --- Distributional Activity --- Distributions, Community-Based --- Distributions, Contraceptive --- Distributions, Non-Clinical --- Distributions, Nonclinical --- Health Care System --- Healthcare Deliveries --- Healthcare System --- Non Clinical Distribution --- Non-Clinical Distributions --- Nonclinical Distributions --- System, Health Care --- System, Healthcare --- Systems, Health Care --- Systems, Healthcare --- Health Status Indexes --- Health Risk Appraisal --- Health Status Index --- Appraisal, Health Risk --- Appraisals, Health Risk --- Health Risk Appraisals --- Health Status Indicator --- Health Status Indices --- Index, Health Status --- Indexes, Health Status --- Indicator, Health Status --- Indicators, Health Status --- Indices, Health Status --- Risk Appraisal, Health --- Risk Appraisals, Health --- Quality of Care --- Quality of Healthcare --- Care Qualities --- Care Quality --- Health Care Quality --- Healthcare Quality --- Environment, Preventive Medicine & Public Health --- Environment, Preventive Medicine and Public Health --- Health, Public --- Investigative Technics --- Investigative Technic --- Investigative Technique --- Technic, Investigative --- Technics, Investigative --- Technique, Investigative --- Techniques, Investigative --- Healthcare Evaluation Mechanisms --- Evaluation Mechanism, Healthcare --- Evaluation Mechanisms, Healthcare --- Healthcare Evaluation Mechanism --- Mechanism, Healthcare Evaluation --- Mechanisms, Healthcare Evaluation --- Epidemiologic Method --- Epidemiological Methods --- Methods, Epidemiologic --- Epidemiological Method --- Method, Epidemiologic --- Method, Epidemiological --- Methods, Epidemiological --- Epidemiology --- Administration, Health Services --- Health Services --- Data Aggregation --- Data Collection Methods --- Dual Data Collection --- Aggregation, Data --- Collection Method, Data --- Collection Methods, Data --- Collection, Data --- Collection, Dual Data --- Data Collection Method --- Method, Data Collection --- Methods, Data Collection --- Healthcare Quality, Access, and Evaluation --- Care Management, Patient --- Management, Patient Care --- Abortion Surveys --- Abortion Survey --- Health Survey --- Survey, Abortion --- Survey, Health --- Surveys, Abortion --- Surveys, Health --- methods --- organization & administration --- Pharmacy Audit --- Audit, Pharmacy --- Pharmacy Audits --- Community Health --- Health, Community --- Preventive Medicine --- Education, Public Health Professional --- Medical History Taking --- Empirical Research --- Health status indicators. --- Public health. --- Medical care. --- Delivery of health care --- Delivery of medical care --- Health care --- Health care delivery --- Health services --- Medical and health care industry --- Medical services --- Personal health services --- Public health --- Community health --- Hygiene, Public --- Hygiene, Social --- Public health services --- Public hygiene --- Sanitary affairs --- Social hygiene --- Health --- Human services --- Biosecurity --- Health literacy --- Medicine, Preventive --- National health services --- Sanitation --- Health indicators --- Health status indexes --- Health status indicators --- Indexes, Health status --- Indicators, Health status --- Health surveys --- Medical statistics --- Quality of life --- Social indicators --- Methodology
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