Constructing and evaluating core inflation measures from component‐level inflation data

This paper undertakes a comprehensive examination of 10 measures of core inflation and evaluates which measure produces the best forecast of headline inflation out‐of‐sample. We use the Personal Consumption Expenditure Price Index as our measure of inflation. We use two sets of components (17 and 50) of the Personal Consumption Expenditure Price Index to construct these core inflation measures and evaluate these measures at the three time horizons (6, 12 and 24 months) most relevant for monetary policy decisions. The best measure of core inflation for both sets of components and over all time horizons uses weights based on the first principal component of the disaggregated (component‐level) prices. Interestingly, the results vary by the number of components used; when more components are used the weights based on the persistence of each component is statistically equivalent to the weights generated by the first principal component. However, those forecasts using the persistence of 50 components are statistically worse than those generated using the first principal component of 17 components. The statistical superiority of the principal component method is due to the fact that it extracts (in the first principal component) the common source of variation in the component level prices that accurately describes trend inflation over the next 6–24 months.     

Promoting Entrepreneurship through a Community Learning Model – Case Study: Green Businesses

This article presents a community learning model formulated by Engineers Without Borders Colombia with the aim of providing communities with tools to create sustainable productive solutions which have relevancy for members and for potential customers. The goal of this formulation is to promote learning processes that are guided by decisions made by community members to propose sustainable and replicable initiatives. The model applicability is evidenced through a case study devoted to strengthening community-led green businesses in the Guavio Province, Colombia by collecting lessons and conclusions. Ultimately, this collection will prove useful in replicating the learning model in other similar rural communities.

     

浅谈功率因数的补偿及其应用

根据我国当前电力系统运行情况，对电网无功功率补偿的必要性及通用补偿方法及其装置进行了具体阐述。     

建筑物地基处理的设计与施工探讨

以具体工程为例，介绍了建筑物地基处理的设计、施工中遵循的原则，施工中遇到特殊情况时采取的处理方法和必要的检测方法，对几种桩基的设计要求、施工工艺及过程、质量控制等情况进行了简单阐述。     

顶凌覆盖节水增产技术研究

通过1998年、2000年的试验研究，系统分析了顶凌覆盖技术在高寒区节水增温保温、增产增收的机理及其应用效果。提出该技术可以缓解低温干旱特别是春旱对农业生产的困扰，是一项可以抗旱保春播增产增收的实用技术，在高寒地区具有较高的推广价值。     

任职经济责任审计系统设计与实现

该系统严格遵照国家干部经济责任审计的有关准则与规定，能够对企事业单位、行政单位等不同部门各个层次的领导干部，从内控制度、管理、经营、财务等多方面、多角度、全方位地进行跟踪审计，客观公正、实事求是地对有关报表数据进行科学分析，恰如其分地认定干部实绩和经济责任。     

荧光光谱法对中药注射液热稳定性的研究

首次采用荧光光谱法对中药注射液热稳定性进行初步探讨.发现在恒温(40℃、80℃)条件下、不同中药注射液随时间变化的荧光强度和荧光光谱图,呈现出规律性的变化.通过对其谱图和荧光强度的分析,能够反映出恒温(40℃、80℃)条件下,随时间变化的荧光光谱的差异,不同温度对谱峰强度的差异性影响及不同注射剂热稳定性变化曲线的差异.找出了不同温度下不同中药注射液荧光强度减弱10%的时间.