Calibration

Bushfires in Victoria: how to protect yourself if the air is smoky where you live

Retrieved on: 
Wednesday, February 14, 2024
Smoke, N95, Atmosphere, Weather, Carbon monoxide, Gas, Calibration, Overalls, Asthma, Government, IQAir, HEPA, Chronic obstructive pulmonary disease, World Health Organization, Grampians National Park, Pollen, Research, Nose, Travel

While the air quality in Australia is generally good, events such as bushfires can have a significant effect.

Key Points: 
  • While the air quality in Australia is generally good, events such as bushfires can have a significant effect.
  • Smoke can travel long distances and reduce air quality throughout a city or region.
  • Ultimately, poor air quality can affect all of us, with even healthy people experiencing symptoms when exposed to high concentrations of bushfire smoke.
  • Read more:
    3 ways to prepare for bushfire season if you have asthma or another lung condition

Monitor the air quality

  • On air quality indexes lower numbers indicate higher air quality, and vice versa.
  • A number of websites provide air quality index information, for example IQAir for locations around Australia, or World’s Air Pollution for locations globally.
  • There are also apps such as AirRater which can provide useful information in addition to air quality values, such as pollen levels.
  • A growing number of air quality monitors are available to buy for home use, which measure single pollutants or a number of pollutants.
  • However, these instruments are not the same as those used in statutory air quality monitoring stations (which provide data for websites like those mentioned above).

Stay inside

  • For example, healthy people can generally continue outdoor activities when the air quality is “fair”.
  • However, someone with a respiratory condition might need to decrease or stop outdoor activities at this point.
  • If the air quality is “very poor”, everyone should stay indoors.
  • The Victorian government offers some advice on how to ascertain what sort of unit will be suitable for your space.

Wear a mask if going outside

  • If you need to go out when the air quality is poor, a P2 (or N95) mask provides protection from smoke particles in the air (but not gases such as carbon monoxide).
  • For effective protection, the mask should be fitted properly and worn for the duration of your time outdoors.


Ryan Mead-Hunter receives funding from NHMRC and the Department of Water and Environmental Regulation.

Managing the transition to central bank digital currency

Retrieved on: 
Wednesday, February 14, 2024
Technical report, Regulation, Private sector, Aircraft, Interest, RTD, Policy, CES, Research Papers in Economics, A.2, The Economic Journal, RTK, International Settlement, F30, Next, A.6, Community business development corporation, A.7, UIP, American Economic Journal, National bank, Paper, Bank, Macroeconomics, Economy, Central bank, GSS, Capital, XF, Elasticity, Government, Competition, Credit, Social science, Volatility, Domestic, European, IH, Investment, A.13, SSRN, Intermediate, A.5, Section 2, AP, Probability, Review of Economic Dynamics, Foreign, Journal of Monetary Economics, Remuneration, Uncertainty, Medical classification, Bank of England, Shock, DF, Bank of Canada, ISSN, CIA, European Central Bank, Survival, RD, FH, KT, N B, Cuore, Monetary economics, Section 3, Welfare, Iteration, DSGE, Blessthefall, Reserve, Website, GBP, Calibration, RDC, Parameter, DCT, GDP, KF, Sokol, Rebelo, Figure, De Nederlandsche Bank, Parity, TFP, Depreciation, Total, BIS, Home, Section 4, Attitude, Acquisition, JEL, Cross, Household, FF, QT, Control, Swiss, Motion, ECB, M. A, GF, A.9, RT, Cattolica, Exercise, C.2, XH, Tax, Crowding, European Parliament, Literature, Reproduction, Political economy, Committee, Exp, E50, Uhlig, EUR, IID, Digital currency, Tourism, American Economic Review, Manuscript, AG, A.8, Research, F41, Friction, Public sector, PDF, U N, YH, Cryptocurrency
Key Points: 

    Four Frederick Business Leaders Graduate from Leadership Maryland

    Retrieved on: 
    Tuesday, February 13, 2024
    Human services, Economic development, Education, City, Calibration, Housing, Growth, Federation, Government, Health, Organization, Orientation, Assistant director, Laboratory, LM, Environment, Management

    FREDERICK, Md., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Four local Frederick County leaders recently graduated from Leadership Maryland '23. The group completed the professional development program dedicated to building a better Maryland by harnessing the strength of its local business and community leaders. Frederick County program graduates include: Jodie Bollinger, Director of Frederick County Office of Economic Development, Randy Querry, Director of Government Relations, A2LA, Mary Ford-Naill, Manager of Economic Development, and Dr. Ashley Waters, Assistant Director, Department of Housing and Human Services, both with The City of Frederick. Leadership Maryland honored the local leaders, and the entire Class of 2023 at its 30th graduation ceremony held December 5 at the Hilton Baltimore BWI Airport. As program graduates, these Frederick area leaders are now members of Leadership Maryland's powerful alumni network, consisting of more than 1,300 esteemed leaders from all industries and regions of the state.

    Key Points: 
    • FREDERICK, Md., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Four local Frederick County leaders recently graduated from Leadership Maryland '23.
    • Leadership Maryland honored the local leaders, and the entire Class of 2023 at its 30th graduation ceremony held December 5 at the Hilton Baltimore BWI Airport.
    • As program graduates, these Frederick area leaders are now members of Leadership Maryland's powerful alumni network, consisting of more than 1,300 esteemed leaders from all industries and regions of the state.
    • These Frederick leaders were amongst 48 individuals chosen by a committee to complete Leadership Maryland's eight-month hands-on learning program.

    Demographics, labor market power and the spatial equilibrium

    Retrieved on: 
    Tuesday, February 13, 2024
    Diamond, Bias, Azar, Technical report, Annual Review of Economics, Princeton University, Education, Population growth, Interval (mathematics), House, Labour economics, SSRN, J11, SIAB, Medical classification, Human resources, Automation, R2, Section 2, FE, CEPR, Probability, Literature, Workforce, Housing, Reproduction, Research Papers in Economics, Male, Classification, Supply chain, A.2, Section, Political economy, BHP, Sokolov, Calibration, Journal of Labor Economics, Journal of Political Economy, Social Security, Schaffner, Selection bias, Yi, Sample, Inequality, Employment, Paper, Princeton University Press, Theory, Woman, Daron Acemoglu, American Economic Review, XN, Shock, National Academies Press, Female, Retirement, Section 5, Manning, Central bank, National academy, European Central Bank, Section 4, Labor share, IEB, Bachmann, David Berger, Research, Federal Reserve Bank, JEL, Elasticity, Workplace, Section 3, Welfare, Journal of Urban Economics, National Research Council, Projection, Fertility, A4, University Press, Feedback, Market power, Converge, Concentration, PDF, Policy, Click, Meta-analysis, Website, Unemployment, Social science, Quarterly Journal of Economics, ECB, Demography, Real estate

    Abstract

    Key Points: 
      • Abstract
        This paper studies how demographics affect aggregate labor market power, the urban wage
        premium and the spatial concentration of population.
      • I develop a quantitative spatial model
        in which labor market competitiveness depends on the demographic composition of the local
        workforce.
      • If these factors differ across workers, labor market power has a role to
        play in explaining wage inequality.
      • This paper contributes to the literature on differences in labor market power by analyzing a
        new dimension of heterogeneity: demographics.
      • Since older workers are less mobile in terms of
        switching workplaces, firms have more labor market power over older workers.
      • I start by estimating labor market power by measuring the sensitivity of worker turnover to
        the wage paid.
      • I find a strong
        role of demographics in determining the degree of labor market power enjoyed by firms.
      • Next, I provide evidence of the importance of differences in labor market power for spatial
        wage inequality.
      • To explore the consequences of labor market sorting, I build a spatial general equilibrium
        model in which labor market competitiveness depends on the demographic composition of the

        ECB Working Paper Series No 2906

        2

        local workforce.

      • If these factors differ across workers, labor market power has a role to
        play in explaining wage inequality.
      • In
        the model, geographic sorting by age matters and leads to higher labor market power in rural
        areas, which implies an urban wage premium that is 4% larger than with uniform labor supply
        elasticities.
      • I follow Manning (2013) and estimate labor market power by measuring the sensitivity of worker
        turnover to the wage paid.
      • Bachmann et al., 2021; Ahlfeldt et al., 2022a; Berger et al.,
        2022) that nest a monopsonistic labor market in a spatial general equilibrium model (Redding
        and Rossi-Hansberg, 2017).
      • As firms have more labor market power
        over older workers, they face an upward-sloping labor supply curve that is less elastic in regions
        with an older workforce.
      • Firms choose in which labor market to operate in the sense that there is free
        entry at fixed costs into all locations.
      • How are differences in labor market competitiveness across space sustained in spatial equilibrium?
      • I use the model to quantify the importance of heterogeneity
        in labor market power for the urban wage premium and the spatial concentration of population.
      • My work is complementary to but quite different
        from this paper since I argue that population aging increases labor market power rather than
        product market power.
      • By analyzing the effects of a changing age composition of the workforce in the context
        of labor market power, I relate to literature on the labor market effects of population aging.
      • ECB Working Paper Series No 2906

        7

        after controlling for age, differences in labor market power between East and West Germany
        vanish.

      • They conclude that higher
        concentration is associated with higher labor market power (as in the model of Jarosch et al.,
        forthcoming).
      • I offer an alternative explanation why labor market power differs across regions:
        Since denser regions have a younger workforce, workers are more mobile in terms of switching
        jobs which implies lower labor market power of firms.
      • In this case, I infer a
        high labor supply elasticity and low labor market power of firms.
      • I contribute to this growing debate by
        quantifying differences in labor market power across worker groups and their effects on regional
        inequality.
      • While the model shows how demographics affect labor market power, the urban wage premium and agglomeration, one fundamental question remains open for future research: What
        are the policy implications of (differences in) labor market power?

    Pan American Energy Announces Further Drill Results at the Big Mack Lithium Project, Including Intersecting 16.00 m at 1.55% Li2O

    Retrieved on: 
    Monday, February 12, 2024
    Bias, Calibration, Assay, ISO, Competence, ALS, News, UAV, QA/QC, ISO/IEC 17025, ISO 9001, ICP-MS, ICP-AES, Gravity anomaly

    Visual core logging indicates that the predominant host mineral for the Big Mack pegmatites is petalite.

    Key Points: 
    • Visual core logging indicates that the predominant host mineral for the Big Mack pegmatites is petalite.
    • A thorough chain-of-custody and QA/QC program is being carried out on the ongoing drill program.
    • Samples are taken across all pegmatite intervals with shoulder samples into the host rock on either side of the dykes.
    • Sample lengths are ranging from 0.3 m – 1.5 m, dependent on internal zoning of the dykes, mineralization, and lithology contacts.

    The macroeconomic effects of global supply chain reorientation

    Retrieved on: 
    Saturday, February 10, 2024
    Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

    We analyse the macroeconomic

    Key Points: 
      • We analyse the macroeconomic
        effects of supply chain reorientation through localisation policies, using a global dynamic
        general equilibrium model.
      • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
        analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
      • The large sensitivity of the global economy to the recent supply chain shocks suggests that
        the international trade reconfiguration implied by localisation policies could also have sizable
        impacts on key macroeconomic variables such as output, employment and inflation.
      • Thus, localisation focuses on the
        goods in our model most closely related to global supply chains.
      • Retaliation also attenuates any positive effects from
        reshoring on output and implies a reduction in the volume of overall international trade.
      • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
        most susceptible to supply chain disruptions.
      • Either that, or the economic costs are considered a worthwhile trade-off for an increase
        in security of supply, for example.
      • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
        analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
      • Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
        to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
      • To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
        a global dynamic general equilibrium framework.
      • Thus,
        localisation focuses on the goods in our model most closely related to global supply chains.3 We
        model reshoring through a direct change to the export goods? production-function parameters.
      • Since reshoring
        effectively shortens the supply chain, the sum of markups along the chain falls.
      • This means that imports that are at the end of the supply chain (i.e.
      • In particular, our work relates to papers examining the potential for countries to reduce
        their exposure to global supply chains.
      • (2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
      • (2021) find no evidence of a relationship
        between global value chain integration and macroeconomic volatility.
      • This dynamic, along with factors such as natural disasters, climate-change
        induced volatility and terrorism mean that supply chain disruptions could be a new normal
        (Grossman et al., 2021).
      • Our work contributes to the literature providing dynamic general equilibrium analyses of
        protectionist policies, in particular those using global macroeconomic models to quantify trade
        policy changes.
      • (2008) analyse the effect of a rise in protectionism in response
        to rising global trade imbalances.
      • Linde? and Pescatori (2019) find that although the macroeconomic costs of a
        trade war are substantial, a fully symmetric retaliation is the best response.
      • (2020) consider a rich input-output structure and demonstrate that closer integration amplifies
        the adverse effects of protectionist trade policies.
      • Several recent studies have also examined the economic effects of a global trade fragmentation.
      • First, we modify a dynamic general
        equilibrium model of the global economy in order to analyse the transmission of localisation
        policies.
      • This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
      • 4

        There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
        (SOEs) reliant on global supply chains more affected.

      • ECB Working Paper Series No 2903

        7

        Second, we are able to assess both long-run effects and the transition dynamics of localisation
        policies.

      • Our model contains a detailed monetary block and captures inflation dynamics, which is a key
        concern for supply chain reorientation.
      • Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
        including effects of localisation on domestic competition and efficiency.
      • Section 2 provides a brief overview of the model, the modifications to examine
        global supply chain reorientation, some key details on the calibration and a brief discussion of
        the nature of our exercise.
      • (2020) for discussions of the relative strengths and weaknesses of
        trade and macroeconomic models in assessing large economic shocks.
      • 2.1

        Supply chain reorientation

        Our analysis focuses on imported inputs used to produce goods for export, as the introduction
        of localisation policies is in response to recent disruptions to global supply chains.

      • Since reshoring
        effectively shortens the supply chain, the sum of markups along the chain falls.
      • Further to
        these effects, engagement with global firms provides an opportunity for knowledge spillovers to
        local firms (Criscuolo et al., 2017).
      • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
        most susceptible to supply chain disruptions.
      • (B12)

        Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
        along the supply chain.

    RaySearch acquires the product DrugLog from Pharmacolog for chemotherapy quality assurance

    Retrieved on: 
    Friday, February 9, 2024
    Patient, Calibration, Cytostasis, Software, Sale, Cancer, Acquisition, Intellectual property, Medical imaging

    STOCKHOLM, Feb. 9, 2024 /PRNewswire/ -- Through this agreement, RaySearch acquires full ownership of all rights to the product DrugLog for its application in the field of oncology, including the measuring device, calibration parameters, source code, as well as intellectual property rights. The purchase price for the asset acquisition amounts to SEK 7 million.

    Key Points: 
    • RaySearch (publ) announces today the acquisition of the product DrugLog™ ️ from Pharmacolog AB.
    • Johan Löf, founder and CEO, RaySearch: "We are excited to welcome DrugLog to RaySearch's product portfolio.
    • DrugLog will be an excellent complement to this and significantly improve and simplify quality assurance in cancer treatment with chemotherapy.
    • Further information regarding the acquisition and integration of DrugLog will be communicated to customers, partners, and stakeholders in the future.

    Fairview Microwave Introduces Trihedral Corner Reflectors

    Retrieved on: 
    Wednesday, February 7, 2024
    RF, Calibration, RCS, Radar, Electronics, UNC, Surveying

    IRVINE, Calif., Feb. 7, 2024 /PRNewswire-PRWeb/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has announced the release of its new trihedral corner reflectors. These specialized devices are engineered to excel in radar technology and antenna testing, offering invaluable solutions for precise testing and measurement applications.

    Key Points: 
    • IRVINE, Calif., Feb. 7, 2024 /PRNewswire-PRWeb/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has announced the release of its new trihedral corner reflectors .
    • The trihedral corner reflectors feature a unique geometry that efficiently reflects incoming signals back toward the source, making them indispensable tools in the fields of radar technology and antenna testing.
    • The trihedral corner reflectors are equipped with essential features, including precision machining, which guarantees reliable and accurate measurement results, and a wide operating frequency range of 10 to 100 GHz for versatile usage.
    • Fairview's new trihedral corner reflectors are in stock and ready for immediate shipment with no minimum order quantity.

    Fairview Microwave Introduces Trihedral Corner Reflectors

    Retrieved on: 
    Wednesday, February 7, 2024
    RF, Calibration, RCS, Radar, Electronics, UNC, Surveying

    IRVINE, Calif., Feb. 7, 2024 /PRNewswire/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has announced the release of its new trihedral corner reflectors. These specialized devices are engineered to excel in radar technology and antenna testing, offering invaluable solutions for precise testing and measurement applications.

    Key Points: 
    • IRVINE, Calif., Feb. 7, 2024 /PRNewswire/ -- Fairview Microwave, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has announced the release of its new trihedral corner reflectors .
    • The trihedral corner reflectors feature a unique geometry that efficiently reflects incoming signals back toward the source, making them indispensable tools in the fields of radar technology and antenna testing.
    • The trihedral corner reflectors are equipped with essential features, including precision machining, which guarantees reliable and accurate measurement results, and a wide operating frequency range of 10 to 100 GHz for versatile usage.
    • Fairview's new trihedral corner reflectors are in stock and ready for immediate shipment with no minimum order quantity.

    Transformed & Restructured Prospera Transitioning to Profitability in 2024

    Retrieved on: 
    Wednesday, February 7, 2024
    PEI, FRA, ARO, Retirement, CAD, OTC, Barrel, Acquisition, Letter, Calibration, Engineering, Oil

    These results enabled Prospera to attain 2023-year end peak rates of 1,800 bblspd with the capability to 2,200bblpd.

    Key Points: 
    • These results enabled Prospera to attain 2023-year end peak rates of 1,800 bblspd with the capability to 2,200bblpd.
    • PEI is proposing a robust 2024 capital development and acquisition plan to achieve 2024 year-end exit target rate of 5,000 boepd.
    • Meanwhile, the development teams are preparing for the upcoming 2024 capital program to commence after break-up (in the latter part of Q2 2024).
    • In addition, significant ARO reduction projects are planned for the summer 2024 that include 40+ wells abandonment and lease reclamations.