Fatigue Risks in the Connections of Sign Support Structures

This research effort develops a reliability-based approach for prescribing inspection intervals for mast-arm sign support structures corresponding to user-specified levels of fatigue-induced fracture risk. The resulting level of risk for a particular structure is dependent upon its geographical location, the type of connection it contains, the orientation of its mast-arm relative to north and the number of years it has been in service. The results of this research effort indicate that implementation of state-of-the-art reliability-based assessment procedures can contribute very valuable procedures for assigning inspection protocols (i.e. inspection intervals) that are based upon probabilities of finding fatigue-induced cracking in these structures. The engineering community can use the results of this research effort to design inspection intervals based upon risk and thereby better align inspection needs with limited fiscal and human resources

Multinational Firms, FDI Flows and Imperfect Capital Markets

This paper examines how costly financial contracting and weak investor protection influence the cross-border operational, financing and investment decisions of firms. We develop a model in which product developers have a comparative advantage in monitoring the deployment of their technology abroad. The paper demonstrates that when firms want to exploit technologies abroad, multinational firm (MNC) activity and foreign direct investment (FDI) flows arise endogenously when monitoring is nonverifiable and financial frictions exist. The mechanism generating MNC activity is not the risk of technological expropriation by local partners but the demands of external funders who require MNC participation to ensure value maximization by local entrepreneurs. The model demonstrates that weak investor protections limit the scale of multinational firm activity, increase the reliance on FDI flows and alter the decision to deploy technology through FDI as opposed to arm's length licensing. Several distinctive predictions for the impact of weak investor protection on MNC activity and FDI flows are tested and confirmed using firm-level data.

The Changing Fractions of Type Ia Supernova NUV-Optical Subclasses with Redshift

UV and optical photometry of Type Ia supernovae (SNe Ia) at low redshift have revealed the existence of two distinct color groups, NUV-red and NUV-blue events. The color curves differ primarily by an offset, with the NUV-blue u- color curves bluer than the NUV-red curves by 0.4 mag. For a sample of 23 low-z SNe~Ia observed with Swift, the NUV-red group dominates by a ratio of 2:1. We compare rest-frame UV/optical spectrophotometry of intermediate and high-z SNe Ia with UVOT photometry and HST spectrophotometry of low-z SNe Ia, finding that the same two color groups exist at higher-z, but with the NUV-blue events as the dominant group. Within each red/blue group, we do not detect any offset in color for different redshifts, providing insight into how SN~Ia UV emission evolves with redshift. Through spectral comparisons of SNe~Ia with similar peak widths and phase, we explore the wavelength range that produces the UV/OPT color differences. We show that the ejecta velocity of NUV-red SNe is larger than that of NUV-blue objects by roughly 12% on average. This velocity difference can explain some of the UV/optical color difference, but differences in the strengths of spectral features seen in meanspectra require additional explanation. Because of the different b-v colors for these groups, NUV-red SNe will have their extinction underestimated using common techniques. This, in turn, leads to under-estimation of the optical luminosity of the NUV-blue SNe~Ia, in particular, for the high-redshift cosmological sample. Not accounting for this effect should thus produce a distance bias that increases with redshift and could significantly bias measurements of cosmological parameters.Comment: submitted to Ap

Energies of B_s meson excited states - a lattice study

This is a follow-up to our earlier work on the energies and radial distributions of heavy-light mesons. The heavy quark is taken to be static (infinitely heavy) and the light quark has a mass about that of the strange quark. We now concentrate on the energies of the excited states with higher angular momentum and with a radial node. A new improvement is the use of hypercubic blocking in the time direction. The calculation is carried out with dynamical fermions on a 16 cubed times 32 lattice with a lattice spacing approximately 0.1 fm generated using a non-perturbatively improved clover action. In nature the closest equivalent of this heavy-light system is the B_s meson, which allows us to compare our lattice calculations to experimental results (where available) or to give a prediction where the excited states, particularly P-wave states, should lie. We pay special attention to the spin-orbit splitting, to see which one of the states (for a given angular momentum L) has the lower energy. An attempt is made to understand these results in terms of the Dirac equation.Comment: 35 pages. v3: Data from two new lattices added. New results in several chapter

Study of aerodynamic technology for single-cruise-engine VSTOL fighter/attack aircraft, phase 1

A conceptual design and analysis on a single engine VSTOL fighter/attack aircraft is completed. The aircraft combines a NASA/deHavilland ejector with vectored thrust and is capable of accomplishing the mission and point performance of type Specification 169, and a flight demonstrator could be built with an existing F101/DFE engine. The aerodynamic, aero/propulsive, and propulsive uncertainties are identified, and a wind tunnel program is proposed to address those uncertainties associated with wing borne flight

Capital Structure with Risky Foreign Investment

American multinational firms respond to politically risky environments by adjusting their capital structures abroad and at home. Foreign subsidiaries located in politically risky countries have significantly more debt than do other foreign affiliates of the same parent companies. American firms further limit their equity exposures in politically risky countries by sharing ownership with local partners and by serving foreign markets with exports rather than local production. The residual political risk borne by parent companies leads them to use less domestic leverage, resulting in lower firm-wide leverage. Multinational firms with above-average exposures to politically risky countries have 8.4 percent less domestic leverage than do other firms. These findings illustrate the impact of risk exposures on capital structure.

The heavy quark's self energy from moving NRQCD on the lattice

We present a calculation of the heavy quark's self energy in moving NRQCD to one-loop in perturbation theory. Results for the energy shift and external momentum renormalisation are discussed and compared with non-perturbative results. We show that the momentum renormalisation is small, which is the result of a remnant of re-parameterisation invariance on the lattice.Comment: Talk given at Lattice2004(heavy), Fermilab, June 21-26, 200

B meson decays at high velocity from mNRQCD

The moving NRQCD (mNRQCD) formalism facilitates the simulation of heavy meson decays at large recoil. We present preliminary results for a number of quantities including the energy splittings and the $B$ meson decay constant that demonstrate that the formalism is accurate over a range of momenta.Comment: Talk presented at Lattice 2005 (Heavy quark physics