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We study common features in the income velocity of money, income, and interest rates for Canada, the U.S., the U.K., Sweden and Norway using annual data from 1870. The recently developed and refined techniques of testing for cointegration are employed.The evidence suggests there is a unique long-run relationship in velocity but not in income and interest rates. Moreover, we find that only a model
In this paper, we provide a new generalized construction method for highly nonlinear t-resilient functions, F: F-2(n) --> F-2(m). The construction is based on the use of linear error-correcting codes together with highly nonlinear multiple output functions. Given a linear [u, m, t + 1] code we show that it is possible to construct n-variable, m-output, t-resilient functions with very high nonlinea
Cobalamin/folate deficiency is common in elderly subjects and may lead to psychiatric symptoms, but even more often it increases the severity of other organic and non-organic mental diseases. This paper reviews the literature relevant for markers of cobalamin/folate status and their relation to neuropsychiatric symptoms in the elderly. Plasma homocysteine, a marker of cobalamin/folate status, is f
Uninformed buyers' demand for statistical screening between privately informed sellers is studied in a fixed price market. A single buyer will screen more extensively than would two or more buyers, since in the latter case buyers realize that sellers will be attracted to buyers with the most favorable screening policy (i.e., not to screen at all). This result is robust to some but not all types of
Arbetet syftade till att med mig själv som utgångspunkt undersöka metoder för att känna sig nöjd som musiker med sin prestation under och efter ett konsertframträdande. Detta har undersökts genom intervjuer med musiker, kontinuerligt förande av loggbok samt litteraturstudier. Målet var att jag skulle kunna använda den insamlade kunskapen för att känna mig nöjd och bekväm med mitt spel under min exThe purpose of the work was to investigate methods to achieve satisfaction with one’s own performance during and after a concert, using my own practice as point of departure. This has been investigated through interviews with musicians, continuous keeping of a logbook and literature studies. The goal was to be able to use the collected information to feel satisfied with my playing during my gradua
The aim of this thesis is to gather existing literature regarding the challenges senior human resource managers face in multinational corporations when managing a global workforce, as well as to discover the strategies that are used within the field of international human resource management. The systematic literature review revealed several main challenges and strategies and by building on those
In Sweden and elsewhere in the world the construction industry has encountered criticism due to its lower productivity gains in comparison to other industries. This is why continual improvement of processes and forms of cooperation are important, as is utilisation of technologies giving greater efficiencies. The focus in Sweden has mainly been on the construction of multifamily buildings, both bec
We establish an exactly tight relation between reversiblepebblings of graphs and Nullstellensatz refutations of pebbling formulas,showing that a graph G can be reversibly pebbled in time t and space s if and only if there is a Nullstellensatz refutation of the pebbling formulaover G in size t + 1 and degree s (independently of the field in whichthe Nullstellensatz refutation is made). We use this
The upward revision of GDP in Ghana, announced in November 2010, attracted considerable attention in the media, in the development community, and from development scholars. This paper clarifies what caused this upward revision and discusses how the revision was handled. Many other countries have outdated base years and do not utilize data sources fully. They can learn from the Ghanaian experience
