32 research outputs found

    Benchmark Chemical Systems and Simulation Parameters

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    Performance results were measured for two chemical systems that are commonly used for MD code benchmarking, and one additional system that is characteristic for free energy perturbation (FEP) simulations

    A scalable parallel framework for analyzing terascale molecular dynamics simulation trajectories

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    Abstract—As parallel algorithms and architectures drive the longest molecular dynamics (MD) simulations towards the millisecond scale, traditional sequential post-simulation data analysis methods are becoming increasingly untenable. Inspired by the programming interface of Google’s MapReduce, we have built a new parallel analysis framework called HiMach, which allows users to write trajectory analysis programs sequentially, and carries out the parallel execution of the programs automatically. We introduce (1) a new MD trajectory data analysis model that is amenable to parallel processing, (2) a new interface for defining trajectories to be analyzed, (3) a novel method to make use of an existing sequential analysis tool called VMD, and (4) an extension to the original MapReduce model to support multiple rounds of analysis. Performance evaluations on up to 512 cores demonstrate the efficiency and scalability of the HiMach framework on a Linux cluster. I

    Price Discovery in the Foreign Currency Futures and Spot Market

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    In this paper, we compare price discovery in the foreign exchange futures and spot markets during a period in which the spot market was less transparent but had higher volume than the futures market. We develop a foreign exchange futures order flow measure that is a proxy for the order flow observed by Chicago Mercantile Exchange pit traders. We find that both foreign currency futures and spot order flow contain unique information relevant to exchange rate determination. When we measure contributions to price discovery using the methods of Hasbrouck (1995) and Gonzalo and Granger (1995), we obtain results consistent with our order flow findings. Taken together, our evidence suggests that the amount of information contained in currency futures prices in 1996 is much greater than one would expect based on relative market size. Using data from 2006, we obtain quite different results, perhaps because of an increase in spot market transparency. In particular, we find in our more recent sample that the spot market has the dominant information share

    The economy-wide impact of the U.S. sugar program

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    This paper uses a general equilibrium approach to show how the gains and losses from a change in the U.S. sugar program are distributed in the short run. The purpose for undertaking this study was to provide a systematic, economy-wide analysis of the Sugar Program with enough detail to make it useful as a basis for policy discussion. Relaxing the sugar quota does not have uniform effects among economic actors in the sugar sector. Cane and beet production both suffer a decline in price and a corresponding drop in output. Land used in cane and beet production sees an even more dramatic price drop. Cane milling and beet processing production likewise decline. Sugar refining increases its output and its profits. It is estimated that without a quota refining will reach its shortrun productive capacity and begin earning economic rents. The wet corn milling industry would be a loser from the removal of the quota. Going to free trade in sugar causes output to fall about 2%. These results may be more or less severe depending on whether it is assumed that the elasticity of substitution between sweeteners is smaller or larger. Cutting off sugar imports, on the other hand, is predicted to increase shortrun wet milling output and HFCS prices. Using 1982 data, output increases 9% and sweetener price 31%; byproduct prices fall 31%. Incorporating 1988 assumptions causes output at autarky to rise 5% and HFCS price 15%; byproduct price falls 20%. Thus it seems that the HFCS industry can gain a great deal by a tighter quota, but would not be greatly hurt by its removal. The quota\u27s impact on grain producers does not match that of the wet corn milling industry. No amount of sugar quota intervention is expected to significantly change the price of feed grains (including corn) in the short run. Domestic consumers would be better off without the quota. In addition to not having to pay 464millioninquotapremiumstotherestoftheworld,thereisaresourceandconsumptionreallocationgainfromfreetradethatcouldbringthetotalgaintothedomesticeconomytoashighas$3.55billion,dependingontheseverityofthetermsoftradeeffects.Withouttermsoftradeeffectsthedomesticeconomyisexpectedtogainabout464 million in quota premiums to the rest of the world, there is a resource and consumption reallocation gain from free trade that could bring the total gain to the domestic economy to as high as \$3.55 billion, depending on the severity of the terms of trade effects. Without terms of trade effects the domestic economy is expected to gain about 1.59 billion in total
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