This paper studies inference in a continuous time game where an agent's decision to quit an activity depends on the participation of other players. In equilibrium, similar actions can be explained not only by direct influences but also by correlated factors. Our model can be seen as a simultaneous duration model with multiple decision makers and interdependent durations. We study the problem of...

Abstract In this essay, I outline a method to compute the economic impact of sudden stop natural gas imports from Russia. First, estimate reduction in short-run supply for economy and industry sector. Second, use model simulations analyse effect import on sectors using whole economy. The should take into account limited substitution possibilities (chemical industry) value chain linkages these w...

In a thermally driven rotary motor made from double-walled carbon nanotubes, the rotor (inner tube) can be actuated to rotate within the stator (outer tube) when the environmental temperature is high enough. A sudden stoppage of the rotor can occur when the inner tube has been actuated to rotate at a stable high speed. To find the mechanisms of such sudden stoppages, eight motor models with the...

Introduction: The aim of this study was to evaluate the efficacy of combined intratympanic and systemic steroid therapy compared with systemic steroid therapy alone in idiopathic sudden sensorineural hearing loss (ISSNHL) patients with poor prognostic factors.     Materials and Methods: Seventy-seven patients with sudden sensorineural hearing loss (SSNHL) who had at least one poor prognostic fa...

Guillermo Calvo Columbia University and NBER www.columbia.edu/~gc2286 July 23, 2012 Abstract. Fiat money contains the seeds of its own destruction. It has no intrinsic value and, yet, it can be exchanged for valuable consumption and production goods. As Hahn (1965) shows, this situation puts fiat money's market value or liquidity premium at the brink of collapse. In this paper I will argue th...

We thank seminar participants at the Hong Kong Institute for Monetary Research, the UBC macro-lunch, and the Board of Governors of the Federal Reserve Bank for comments. Devereux thanks SSHRC, and the Royal Bank of Canada for financial support as well as support from ESRC award ES/1024174/1. Young thanks the financial support and hospitality of the HKIMR and the Bankard Fund for Political Econo...

Interatomic Coulombic Decay (ICD) is a general mechanism in which an excited atom can transfer its excess energy to a neighbor which is thus ionized. ICD belongs to the family of Feshbach resonance processes, and, as such, states undergoing ICD are characterized by their energy width. In this work, we investigate the computations of ICD widths using the R-matrix method as implemented in the UKR...