991 research outputs found

    The Trans-Pacific Partnership and regulating capital flows: recommendations for strengthening proposed safeguards in the leaked TPP investment chapter

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    This repository item contains a policy brief from the Boston University Global Economic Governance Initiative. The Global Economic Governance Initiative (GEGI) is a research program of the Center for Finance, Law & Policy, the Frederick S. Pardee Center for the Study of the Longer-Range Future, and the Frederick S. Pardee School of Global Studies. It was founded in 2008 to advance policy-relevant knowledge about governance for financial stability, human development, and the environment.The leaked text of the Trans-Pacific Partnership (TPP) Agreement’s investment chapter reveals that negotiators are giving serious consideration to a safeguard intended to allow nations to regulate capital flows. It is critical that the safeguard be drafted in such a way that governments have sufficient policy flexibility to prevent and mitigate financial instability

    The Binary Black Hole Model for Mrk 231 Bites the Dust

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    Mrk 231 is a nearby quasar with an unusually red near-UV-to-optical continuum, generally explained as heavy reddening by dust (e.g., Leighly et al. 2014). Yan et al. 2015 proposed that Mrk~231 is a milli-parsec black-hole binary with little intrinsic reddening. We show that if the observed FUV continuum is intrinsic, as assumed by Yan et al. 2015, it fails by a factor of about 100 in powering the observed strength of the near-infrared emission lines, and the thermal near and mid-infrared continuum. In contrast, the line and continuum strengths are typical for a reddened AGN spectral energy distribution. We find that the HeI*/Pbeta ratio is sensitive to the spectral energy distribution for a one-zone model. If this sensitivity is maintained in general broad-line region models, then this ratio may prove a useful diagnostic for heavily reddened quasars. Analysis of archival HST STIS and FOC data revealed evidence that the far-UV continuum emission is resolved on size scales of ~40 parsecs. The lack of broad absorption lines in the far-UV continuum might be explained if it were not coincident with the central engine. One possibility is that it is the central engine continuum reflected from the receding wind on the far side of the quasar.Comment: Consistent with the accepted ApJ pape

    Validating the Universe in a Box

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    Computer simulations of the formation and evolution of large scale structure in the universe are integral to the enterprise of modern cosmology. Establishing the reliability of these simulations has been extremely challenging, primarily because of epistemic opacity. In this setting, robustness analysis defined by requiring converging outputs from a diverse ensemble of simulations is insufficient to determine simulation validity. Instead, we propose an alternative path of structured code validation that applies eliminative reasoning to isolate and reduce possible sources of error, a potential path that is already being explored by some cosmologists.Comment: 13 pages. Accepted for publication in Philosophy of Science for the PSA2018 symposium proceedings issu
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