361 research outputs found

    An equilibrium-conserving taxation scheme for income from capital

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    Under conditions of market equilibrium, the distribution of capital income follows a Pareto power law, with an exponent that characterizes the given equilibrium. Here, a simple taxation scheme is proposed such that the post-tax capital income distribution remains an equilibrium distribution, albeit with a different exponent. This taxation scheme is shown to be progressive, and its parameters can be simply derived from (i) the total amount of tax that will be levied, (ii) the threshold selected above which capital income will be taxed and (iii) the total amount of capital income. The latter can be obtained either by using Piketty's estimates of the capital/labor income ratio or by fitting the initial Pareto exponent. Both ways moreover provide a check on the amount of declared income from capital.Comment: 4 pages, 2 figure

    Natural Gas

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    Natural gas is mostly formed from plankton—tiny water-dwelling organisms, including algae and protozoans—that accumulated on the ocean floor as they died. These organisms were slowly buried and compressed under layers of sediment. Over long periods of time, the pressure and heat generated by overlying sediments converted this organic material into natural gas. Natural gas frequently migrates through porous and fractured reservoir rock with petroleum and subsequently accumulates in underground reservoirs. Because natural gas and petroleum are formed by similar natural processes, these two hydrocarbons are often found together in underground reservoirs

    Determination of Activity Coefficients at Infinite Dilution of Organic Solutes in the Ionic Liquid 1‑(2-Hydroxyethyl)-3-methylimidazolium Nonafluoro-1-butanesulfonate Using Gas–Liquid Chromatography

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    Activity coefficients at infinite dilution (γ<sub><i>i</i></sub><sup>∞</sup>) for a variety of organic solutes (alkanes, cycloalkanes, alkenes, alkyl benzenes, alcohols, 1,4-dioxane, acetone, acetonitrile, tetrahydrofuran, chloroform, and dichloromethane) in the ionic liquid (IL) 1-(2-hydroxyethyl)-3-methylimidazolium nonafluoro-1-butanesulfonate ([C<sub>2</sub>OHmim]­[C<sub>4</sub>F<sub>9</sub>SO<sub>3</sub>]) have been determined by gas–liquid chromatography using the IL as the stationary phase. The measurements were conducted in the temperature range from 303 to 353 K. The partial molar excess Gibbs energies (Δ<i>G</i><sub><i>i</i></sub><sup>E,∞</sup>), enthalpies (Δ<i>H</i><sub><i>i</i></sub><sup>E,∞</sup>), and entropies (Δ<i>S</i><sub><i>i</i></sub><sup>E,∞</sup>) at infinite dilution of the solutes in the ionic liquid were calculated from the temperature dependence of the values of γ<sub><i>i</i></sub><sup>∞</sup>. Values of selectivity <i>s</i><sub><i>ij</i></sub><sup>∞</sup> and capacity <i>k</i><sub><i>j</i></sub><sup>∞</sup> at <i>T</i> = 323.15 K for the IL [C<sub>2</sub>OHmim]­[C<sub>4</sub>F<sub>9</sub>SO<sub>3</sub>] were calculated for both cyclohexane/benzene and benzene/methanol binary systems. The results obtained from this work were compared with reported literature data for other [C<sub>2</sub>OHmim] based ILs

    Total antioxidant capacity content in (A) urine and (B) serum samples of male and female mice at 24-month of age.

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    <p>Genotype effect (Wt v.s. Tg): +P<0.05. Gender effect (Male v.s. Female): †P<0.05, ††P<0.01. All data are expressed as Mean ± SEM, N = 5 mice/group.</p

    Total antioxidant capacity levels in the cortex of (A) male mice, (B) female mice, and (C) urine samples.

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    <p>VMW: vehicle treated male Wt mice, DMW: drug treated male Wt mice, VMT: vehicle treated male Tg mice, DMT: drug treated male Tg mice, VFT: vehicle treated female Tg mice, DFT: drug treated female Tg mice. Genotype effect (Wt v.s. Tg): +P<0.05, ++P<0.01. Treatment effect (vehicle v.s. drug): *P<0.05. All data are expressed as Mean ± SEM, N = 5 mice/group.</p
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