NBER, as indicated where relevant. 2For a quick introduction to the history of deflation at the end of the nineteenth and at the beginning of the twentieth century, including a substantial amount of data, cf. Bordo et al. (2004). 3This paper by Bordo and Redish was published in March 2003 as NBER Working Paper 9520. It has already received a comprehensive discussion and very important comments ...

Seismic observations in volcanically active calderas are challenging. A new cabled observatory atop Axial Seamount on the Juan de Fuca ridge allows unprecedented real-time monitoring of a submarine caldera. Beginning on 24 April 2015, the seismic network captured an eruption that culminated in explosive acoustic signals where lava erupted on the seafloor. Extensive seismic activity preceding th...

To assess the value of measuring compliance in the adult respiratory distress syndrome, sequential pressure-volume curves were obtained in 19 patients with this syndrome. Analysis of the pressure-volume curves allowed separation of the patients into the following four groups: (1) group 1 (n = 6), normal compliance measured during deflation, little hysteresis, and no inflection in the ascending ...

The computation of eigenvalues of real symmetric tridiagonal matrices frequently proceeds by a sequence of QR steps with shifts. We introduce simple shift strategies, functions σ satisfying natural conditions, taking each n × n matrix T to a real number σ(T ). The strategy specifies the shift to be applied by the QR step at T . Rayleigh and Wilkinson’s are examples of simple shift strategies. W...

BACKGROUND Supervised classification machine learning algorithms may have limitations when studying brain diseases with heterogeneous populations, as the labels might be unreliable. More exploratory approaches, such as Sparse Partial Least Squares (SPLS), may provide insights into the brain's mechanisms by finding relationships between neuroimaging and clinical/demographic data. The identificat...

The intra-aortic balloon pump (IABP) is a ventricular assist device that is used with a broad range of pre-, intra-, and postoperative patients undergoing cardiac surgery. Although the clinical efficacy of the IABP is well documented, the question of reduced efficacy when patients are nursed in the semi-recumbent position remains outstanding. The aim of the present work is therefore to investig...

This paper presents two new constructions related to singular solutions of polynomial systems. The first is a new deflation method for an isolated singular root. This construction uses a single linear differential form defined from the Jacobian matrix of the input, and defines the deflated system by applying this differential form to the original system. The advantages of this new deflation is ...

During some recent financial crises, the majority of domestic banks or indeed the entire banking sector became insolvent. We have analyzed the welfare effects of policy responses to bank insolvency by examining a modified version of the Diamond-Rajan model, introducing a fiat currency. The sources of inefficiency in our model are the ”moral hazard in banking” and the “premature liquidation of b...