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We adjust current account surpluses and deficits of 57 countries in the period 2005-2009 for differences in the age structure of their populations and find that these differences can account for a significant part of the variation in the data. Among the large countries we find that the adjustment increases the surpluses of Germany and Japan while the surpluses of China, Singapore, Hong Kong, Korea, Thailand, Indonesia and Malaysia are significantly diminished.
This paper reports our experience in building time series models which connect the flows in two Icelandic rivers with the meteorological variables of precipitation and temperature. Two rivers with different hydrological characteristics were studied. In areas where precipitation may be either in the form of rain or snow linear models are inadequate to describe the relationship between the river and the meteorological variables. The methodology of threshold models recently developed seems to be well suited for taking into account the sharp difference in the relationship according to whether it is freezing or not. The possibility of identifying an alternative threshold variable is also explored.
This article examines the development of rock criticism in Denmark, Sweden, Norway and Iceland in the light of the Bourdieuian theory of cultural fields. We establish that fields with distinct autonomous poles do develop in each country between 1965 and 1980 but that it is not possible to talk about a common, Nordic field. Instead, each national field has to a large extent followed the general developments in the British or American fields (e.g. postmodern lifestyle criticism, consumer guidance, described in Lindberg et al. 2005) and taken in at least some of the specific characteristics of Anglo-American rock criticism while at the same time relating to and challenging, among other things, local literary and political traditions. One main difference, though, is that Nordic criticism to a large extent has been developed in daily newspapers and less so in specialized magazines. In a centre-periphery perspective
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