14,106 research outputs found
Short-Term Capital Flows, The Real Economy and Income Distribution in Developing Countries
The volatility of short-term capital flows (or 'capital surges') is now recognized as a major problem for macroeconomic management in developing countries; but the consequences for the 'real' economy - that is, the behaviour of government, firms and households which subsequently translates into investment, growth, employment and welfare - is less well understood. Short-term capital flow instability arises from the desire of investors to hold liquid assets in the face of uncertainty; affecting the real economy both through variations in both prices such as the interest rate and the exchange rate, and quantities such as levels of bank credit and government bond sales. In this chapter, government expenditure is shown to respond in an asymmetric manner to sudden changes in investor perceptions of fiscal solvency associated with portfolio capital surges. The impact of short flows on output and investment by firms through the availability of bank credit is also found to be large and asymmetric. The macroeconomic effect of capital surges on employment levels and the real wage rate is shown to arise from their influence on real exchange rates and domestic demand levels, although whether employment or wages adjust depends the monetary stabilization policy adopted. The chapter concludes with some implications of the analysis for longer-term growth and policy design.
Time frequency analysis in terahertz pulsed imaging
Recent advances in laser and electro-optical technologies have made the previously under-utilized terahertz frequency band of the electromagnetic spectrum
accessible for practical imaging. Applications are emerging, notably in the biomedical domain. In this chapter the technique of terahertz pulsed imaging is
introduced in some detail. The need for special computer vision methods, which arises from the use of pulses of radiation and the acquisition of a time series at
each pixel, is described. The nature of the data is a challenge since we are interested not only in the frequency composition of the pulses, but also how these differ for different parts of the pulse. Conventional and short-time Fourier transforms and wavelets were used in preliminary experiments on the analysis of terahertz
pulsed imaging data. Measurements of refractive index and absorption coefficient were compared, wavelet compression assessed and image classification by multidimensional
clustering techniques demonstrated. It is shown that the timefrequency methods perform as well as conventional analysis for determining material properties. Wavelet compression gave results that were robust through compressions that used only 20% of the wavelet coefficients. It is concluded that the time-frequency methods hold great promise for optimizing the extraction of the spectroscopic information contained in each terahertz pulse, for the analysis of more complex signals comprising multiple pulses or from recently introduced acquisition techniques
Imaging diagnosis-computed tomography of traction bronchiectasis secondary to pulmonary fibrosis in a Patterdale Terrier
An 8-year-old, Patterdale terrier was referred for evaluation of tachypnoea, exercise intolerance, and weight loss. Computed tomographic images showed pneumomediastinum, diffuse pulmonary ground glass opacity, and marked dilatation of peripheral bronchi, but no evidence of thickened bronchial walls. The histopathologic diagnosis was diffuse pulmonary interstitial fibrosis, type II pneumocyte hyperplasia, and bronchiectasis. The lack of evidence of primary bronchitis supported a diagnosis of traction bronchiectasis. Traction bronchiectasis can occur as a sequela to pulmonary fibrosis in dogs. (C) 2016 American College of Veterinary Radiology
An analysis of new techniqes for radiometric correction of LANDSAT-4 Thematic Mapper images
The utility of methods for generating TM RLUTS which can improve the quality of the resultant images was investigated. The TM-CCT-ADDS tape was changed to account for a different collection window for the calibration data. Several scenes of Terrebonne Bay, Louisiana and the Grand Bahamas were analyzed to evaluate the radiometric corrections operationally applied to the image data and to investigate several techniques for reducing striping in the images. Printer plots for the TM shutter data were produced and detector statistics were compiled and plotted. These statistics included various combinations of the average shutter counts for each scan before and after DC restore for forward and reverse scans. Results show that striping is caused by the detectors becoming saturated when they view a bright cloud and depress the DC restore level
The development of structural adhesive systems suitable for use with liquid oxygen /LOX/ Summary report, 20 Jun. 1969 - 19 Apr. 1970
Development of structural adhesive systems suitable for use with liquid oxyge
ROGER PRICE â The Modernization of Rural France. Communications Networks and Agricultural Market Structures in Nineteenth-Century France.
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