Regional influences on U.S. monetary policy: some implications for Europe

This paper looks at the monetary policy decisions of the U.S. Federal Reserve and asks whether those decisions have been influenced solely by national concerns, or whether regional factors have played a role. All of the Federal Reserve''s policymakers have some regional identity, i.e., either their positions explicitly carry some regional affiliation or their region of origin is a factor that must be considered in the selection process. This research is relevant for the Fed, and it may also be relevant for Europe''s fledgling central bank in Frankfurt. Critics have asserted that ECB policymakers have an incentive to base policy on national developments and respond to national political pressures. We find that Fed policymakers do take into account developments in regional unemployment when deciding monetary policy, and that these regional developments are more important for central bankers at the hub than in the spokes. These findings are robust to a variety of different specifications of the voting equation

Weighted LpL^p Estimates for the Bergman and Szeg\H{o} Projections on Strongly Pseudoconvex Domains with Near Minimal Smoothness

We prove the weighted $L^p$ regularity of the ordinary Bergman and Cauchy-Szeg\H{o} projections on strongly pseudoconvex domains $D$ in $\mathbb{C}^n$ with near minimal smoothness for appropriate generalizations of the $B_p/A_p$ classes. In particular, the $B_p/A_p$ Muckenhoupt type condition is expressed relative to balls in a quasi-metric that arises as a space of homogeneous type on either the interior or the boundary of the domain $D$.Comment: 40 pages, introduction reorganized and some typos correcte

Access to common property resource and poverty reduction: inland open-water fisheries in Bangladesh

In Bangladesh, experiences from good practices for a Common Property Resources (CPR) identified that it is necessary to choose CPR members from the resource users with clearly defined rights to use the resource with defined physical boundary. The long-term security of tenure is a precondition for establishment of common property resources in the water bodies by the users (mainly fishers and adjoining agriculturists of the water body) themselves. The sustainability of such CPRs depends on the equity in sharing expenses and income; monitoring by the users themselves; graduated sanctions for violations of CPR rules; and development of local forums for resolving conflicts.Resource management

Analysis of polarizability measurements made with atom interferometry

We present revised measurements of the static electric dipole polarizabilities of K, Rb, and Cs based on atom interferometer experiments presented in [Phys. Rev. A 2015, 92, 052513] but now re-analyzed with new calibrations for the magnitude and geometry of the applied electric field gradient. The resulting polarizability values did not change, but the uncertainties were significantly reduced. Then we interpret several measurements of alkali metal atomic polarizabilities in terms of atomic oscillator strengths $f_{ik}$, Einstein coefficients $A_{ik}$, state lifetimes $\tau_{k}$, transition dipole matrix elements $D_{ik}$, line strengths $S_{ik}$, and van der Waals $C_6$ coefficients. Finally, we combine atom interferometer measurements of polarizabilities with independent measurements of lifetimes and $C_6$ values in order to quantify the residual contribution to polarizability due to all atomic transitions other than the principal $ns$-$np_J$ transitions for alkali metal atoms.Comment: 23 pages, 9 figures, 6 table

Invariant Measures for Dissipative Dynamical Systems: Abstract Results and Applications

In this work we study certain invariant measures that can be associated to the time averaged observation of a broad class of dissipative semigroups via the notion of a generalized Banach limit. Consider an arbitrary complete separable metric space $X$ which is acted on by any continuous semigroup $\{S(t)\}_{t \geq 0}$. Suppose that $\S(t)\}_{t \geq 0}$ possesses a global attractor $\mathcal{A}$. We show that, for any generalized Banach limit $\underset{T \rightarrow \infty}{\rm{LIM}}$ and any distribution of initial conditions $\mathfrak{m}_0$, that there exists an invariant probability measure $\mathfrak{m}$, whose support is contained in $\mathcal{A}$, such that $$\int_{X} \phi(x) d\mathfrak{m} (x) = \underset{T\to \infty}{\rm{LIM}} \frac{1}{T}\int_0^T \int_X \phi(S(t) x) d \mathfrak{m}_0(x) d t,$$ for all observables $\phi$ living in a suitable function space of continuous mappings on $X$. This work is based on a functional analytic framework simplifying and generalizing previous works in this direction. In particular our results rely on the novel use of a general but elementary topological observation, valid in any metric space, which concerns the growth of continuous functions in the neighborhood of compact sets. In the case when $\{S(t)\}_{t \geq 0}$ does not possess a compact absorbing set, this lemma allows us to sidestep the use of weak compactness arguments which require the imposition of cumbersome weak continuity conditions and limits the phase space $X$ to the case of a reflexive Banach space. Two examples of concrete dynamical systems where the semigroup is known to be non-compact are examined in detail.Comment: To appear in Communications in Mathematical Physic