21,871 research outputs found
Theta Graph Designs
We solve the design spectrum problem for all theta graphs with 10, 11, 12, 13, 14 and 15 edges
Why do foreigners invest in the United States?
Why are foreigners willing to invest almost $2 trillion per year in the United States? The answer affects if the existing pattern of global imbalances can persist and if the United States can continue to finance its current account deficit without a major change in asset prices and returns. This paper tests various hypotheses and finds that standard portfolio allocation models and diversification motives are poor predictors of foreign holdings of U.S. liabilities. Instead, foreigners hold greater shares of their investment portfolios in the United States if they have less-developed financial markets. The magnitude of this effect decreases with income per capita. Countries with fewer capital controls and greater trade with the United States also invest more in U.S. equity and bond markets, and there is no evidence that foreigners invest in the United States based on diversification motives. The empirical results showing a primary role of financial market development in driving foreign purchases of U.S. portfolio liabilities supports recent theoretical work on global imbalances.
One Cost of the Chilean Capital Controls: Increased Financial Constraints for Smalles Traded Firms
There is growing support for taxes on short-term capital inflows in emerging markets, such as the encaje adopted by Chile from 1991-98. Previous empirical assessments of the encaje conclude that it may have generated some small economic benefits, such as shifting the composition of capital inflows to a longer maturity, but no significant economic costs. Managers of small and medium-sized companies in Chile, however, claim that the encaje made it substantially more difficult to obtain financing for productive investment. This paper assesses whether the Chilean capital controls increased financial constraints for different-sized, publicly-traded firms. It uses two different testing methodologies: a Tobin's q and Euler-equation framework. Results indicate that during the encaje, smaller traded firms in Chile experienced significant financial constraints and these constraints decreased as firm size increased. Both before and after the encaje, however, no group of traded firms experienced significant financial constraints, and there is no relationship between firm size and financial constraints. Although Chilean-style capital controls may also yield benefits encaje could be particularly important in emerging markets where smaller firms can be valuable sources of job creation and economic growth.
Clearwing Moths Captured by Ultraviolet Light Traps in Southern Ohio (Lepidoptera: Sesiidae)
Trapping with ultraviolet light in mixed-oak forests of Lawrence and Vinton Counties, Ohio in 1995 and 1996 yielded 46 Synanthedon acerni and four Synanthedon arkansasensis, a clearwing moth record new for the state
Management factors affecting the use of pasture by table chickens in extensive production systems
Whether chickens will make proper use of pasture is a problem experienced by producers of free-range and organic chickens. The aims of this project are to identify husbandry techniques and aspects of system design that encourage good pasture use. Two studies have been conducted comprising a winter and a summer flock. The aim of the winter flock was to examine the effect of outdoor artificial shelter on pasture usage. This was done for female Ross 308 birds grown to day 56, and ISA 657 birds grown to day 81. In summer, ISA 657 birds were grown to day 81. Treatments were either standard or enriched brooding, with pasture only or enriched pasture. Standard brooding was in a controlled environment house until day 42. Enriched brooding was in naturally ventilated houses in which birds had sight of pasture from an early age and access from day 21. Enriched pasture included artificial shelter, with straw bales and a conifer “wigwam” used to provide natural shelter. Chickens may be encouraged to go outdoors by brooding in a less “controlled” environment than that used for intensive broilers, and by allowing access to pasture when young. However, mortality was higher. Conifer wigwams may offer a means for more even use of pasture and better distribution of droppings
The Southern Vilnius Photometric System. IV. The E Regions Standard Stars
This paper is the fourth in a series on the extension of the Vilnius
photometric system to the southern hemisphere. Observations were made of 60
stars in the Harvard Standard E regions to increase a set of standard stars.Comment: 6 pages, TeX, requires 2 macros (baltic2.tex, baltic4.tex) included
no figures, to be published in Baltic Astronomy, Vol 6, pp1-6 (1997
The Atmospheric Tides Middle Atmosphere Program (ATMAP)
Atmospheric tides, oscillations in meteorological fields occurring at subharmonics of a solar or lunar day, comprise a major component of middle atmosphere global dynamics. The purpose of the 1982 to 1986 Atmospheric Tides Atmosphere Program (ATMAP) was to foster an interaction between experimentalists, data analysts, and theoreticians and modelers, in order to better understand the physical mechanisms governing tides and their relationships to other scales of motion, and to thereby explain features of observed tidal structures in the mesosphere and lower thermosphere. The ATMAP consisted of seven observational campaigns, five workshops and a climatological study. A historical perspective is provided along with a summary of major results, conclusions, and recommendations for future study which have emerged from the ATMAP
MST radar detection of middle atmosphere tides
Meteorological and dynamical requirements pertaining to the specification of middle atmosphere tides by the MST radar technique are outlined. Major issues addressed include: (1) the extraction of tidal information from measurements covering a fraction of a day; (2) the ramifications of transient effects (tidal variability) on the determination and interpretation of tides; (3) required temporal and spatial resolutions and; (4) global distributions of MST radars, so as to complement existing MST, meteor wind, and partial reflection drift radar locations
On the thermal durability of solar prominences, or how to evaporate a prominence
The thermal disappearance of solar prominences under strong perturbations due to wave heating, Ohmic heating, viscous heating or conduction was investigated. Specifically, how large a thermal perturbation is needed to destroy a stable thermal equilibrium was calculated. It was found that the prominence plasma appears to be thermally very rugged. Its cold equilibrium may most likely be destroyed by either strong magnetic heating or conduction in a range of parameters which is relevant to flares
Can prominences form in current sheets
Two-dimensional numerical simulations of the formation of cold condensations in a vertical current sheet have been performed using the radiative, resistive MHD equations with line-tied boundary conditions at one end of the sheet. Prominence-like condensations are observed to appear above and below an X-line produced by the onset of the tearing-mode instability. Cooling in the sheet is initiated by Ohmic decay, with the densest condensations occurring in the region downstream of a fast-mode shock. This shock, which is due to the line-tied boundary conditions, terminates one of the two supermagnetosonic reconnection jets that develop when the tearing is fully developed. The condensation properties of shock waves, which may trigger or considerably enhance the conditions for thermal condensation are emphasized
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