On exact time averages of a massive Poisson particle

In this work we study, under the Stratonovich definition, the problem of the damped oscillatory massive particle subject to a heterogeneous Poisson noise characterized by a rate of events, lambda(t), and a magnitude, Phi, following an exponential distribution. We tackle the problem by performing exact time averages over the noise in a similar way to previous works analysing the problem of the Brownian particle. From this procedure we obtain the long-term equilibrium distributions of position and velocity as well as analytical asymptotic expressions for the injection and dissipation of energy terms. Considerations on the emergence of stochastic resonance in this type of system are also set forth.

Cross-sectional averages versus principal components

In spite of the increased use of factor-augmented regressions in recent years, little is known regarding the relative merits of the two main approaches to estimation and inference, namely, the cross-sectional average and principal component estimators. By providing a formal comparison of the approaches, the current paper fills this gap in the literature.

Panicca: panic on cross-section averages

The cross-section average (CA) augmentation approach of Pesaran (2007) and Pesaran et al. (2013), and the principal components-based panel analysis of non-stationarity in idiosyncratic and common components (PANIC) of Bai and Ng (2004, 2010) are among the most popular “second-generation” approaches for cross-section correlated panels. One feature of these approaches is that they have different strengths and weaknesses. The purpose of the current paper is to develop PANICCA, a combined approach that exploits the strengths of both CA and PANIC.

Hourly averages of corrected light scattering integrals in six wavelength investigated during the Atlantic Expedition of RV "Meteor" 1969 (Table 2)

With a 6-channel integrating nephelometer spectral scattering properties of the atmospheric aerosol have been measured during the third part of the Atlantic Expedition 1969. A meridional cross section of light scattering integrals in the wavelength range 0.475 µm to 0.924 µm was recorded reaching from 10° S to 60° N along 30° W. With a new algorithm the time series of hourly scattering spectra was inverted yielding a first meridional cross section of the median radius of the number size distribution in situ. Three air mass regimes could be distinguished in the course of the experiment, the first one being the extremely clean air of the SE-trade south of the ITC. An abrupt increase in light scattering marked the hemispheric change when the ship entered the NE-trade which was heavily loaded with Sahara dust. North of the trade region the ship sailed through maritime North Atlantic air masses with highly variable light scattering and a slow decrease in median radius with latitude.