Effect Of Macroeconomic Variables On Stock Market Returns For Four Emerging Economies: Brazil, Russia, India, And China

The relationship between share prices and macroeconomic variables is well documented for the United States and other major economies.  However, what is the relationship between share prices and economic activity in emerging economies?  The goal of this study is to investigate the time-series relationship between stock market index prices and the macroeconomic variables of exchange rate and oil price for Brazil, Russia, India, and China (BRIC) using the Box-Jenkins ARIMA model.  Although no significant relationship was found between respective exchange rate and oil price on the stock market index prices of either BRIC country, this may be due to the influence other domestic and international macroeconomic factors on stock market returns, warranting further research.  Also, there was no significant relationship found between present and past stock market returns, suggesting the markets of Brazil, Russia, India, and China exhibit the weak-form of market efficiency

Effect Of Macroeconomic Variables On Stock Market Returns For Four Emerging Economies: Brazil, Russia, India, And China

The relationship between share prices and macroeconomic variables is well documented for the United States and other major economies.  However, what is the relationship between share prices and economic activity in emerging economies?  The goal of this study is to investigate the time-series relationship between stock market index prices and the macroeconomic variables of exchange rate and oil price for Brazil, Russia, India, and China (BRIC) using the Box-Jenkins ARIMA model.  Although no significant relationship was found between respective exchange rate and oil price on the stock market index prices of either BRIC country, this may be due to the influence other domestic and international macroeconomic factors on stock market returns, warranting further research.  Also, there was no significant relationship found between present and past stock market returns, suggesting the markets of Brazil, Russia, India, and China exhibit the weak-form of market efficiency

Performance of Tall Fescue Varieties

The objective of the tall fescue breeding program is the development of varieties characterized by superior nutritive value (including reduced contents of perloline and loline alkaloids and the fungal endophyte, Epichloe typhina), palatability, disease resistance, and adaptation through the utilization of intergeneric and interspecific hybrid derivatives of ryegrass and tall fescue species. Varieties previously released from the breeding program were, Kentucky 31, Kenwell, and Kenhy. Johnstone tall fescue, developed cooperatively by the Kentucky Agricultural Experiment Station and USDA-ARS, was released March 1, 1982, as,a new variety. Johnstone is characterized as having low levels of perloline alkaloid and the fungal endophyte, Epichloe typhina, and improved forage quality during summer. It is expected that seed of Johnstone will be available commercially during 1984 or 1985

Performance of Tall Fescue Varieties [1984]

The objective of the tall fescue breeding program is the development of varieties characterized by superior nutritive value (including reduced contents of perloline and loline alkaloids and the fungal endophyte, Epichloe typhina, (Acremonium coenophialum), palatability, disease resistance, and adaptation through the utilization of intergeneric and interspecific hybrid derivatives of ryegtass and tall fescue species. Varieties previously released from the breeding program were Kentucky 31, Kenwell; and Kenhy. Johnstone tall fescue, developed cooperatively by the Kentucky Agricultural Experiment Station and USDA-ARS, was released March 1, 1982, as a new variety. Johnstone is characterized as having low levels of perloline alkaloid and the fungal endophyte; Acremonium coenophialum, and improved forage quality during summer. It is expected that seed of Johnstone will be available commercially during 1985, and a good supply should be available for spring and summer 1986 planting

Agronomic and Animal Performance of Different Tall Fescue Varieties

The objective of the tall fescue breeding program is the development of varieties characterized by superior nutritive value (including reduced contents of perloline and loline alkaloids and minimal infestation of the fungal endophyte, Acremonium coenophialum), palatability, disease resistance, and adaptation through the utilization of intergeneric and interspecific hybrid derivatives of ryegrass and tall fescue species. Kentucky 31, Kenwell, and Kenhy were previously released from this breeding program. Johnstone tall fescue, developed cooperatively by the Kentucky Agricultural Experiment Station and USDA-ARS, was released March 1, 1982 as a new variety. Johnstone is characterized as having low levels of perloline alkaloid and the fungal endophyte (Acremonium coenophialum) and improved forage quality during summer. It is expected that seed of Johnstone will be available commercially during 1985, and a good supply be available for /\u27 spring and summer 1986 plantings

Viscosities of the Gay-Berne nematic liquid crystal

We present molecular dynamics simulation measurements of the viscosities of the Gay-Berne phenomenological model of liquid crystals in the nematic and isotropic phases. The temperature dependence of the rotational and shear viscosities, including the nonmonotonic behavior of one shear viscosity are in good agreement with experimental data. The bulk viscosities are significantly larger than the shear viscosities, again in agreement with experiment.Comment: 11 pages, 4 Postscript figures, Revte

Long-Term Evolution and Revival Structure of Rydberg Wave Packets for Hydrogen and Alkali-Metal Atoms

This paper begins with an examination of the revival structure and long-term evolution of Rydberg wave packets for hydrogen. We show that after the initial cycle of collapse and fractional/full revivals, which occurs on the time scale $t_{\rm rev}$, a new sequence of revivals begins. We find that the structure of the new revivals is different from that of the fractional revivals. The new revivals are characterized by periodicities in the motion of the wave packet with periods that are fractions of the revival time scale $t_{\rm rev}$. These long-term periodicities result in the autocorrelation function at times greater than $t_{\rm rev}$ having a self-similar resemblance to its structure for times less than $t_{\rm rev}$. The new sequence of revivals culminates with the formation of a single wave packet that more closely resembles the initial wave packet than does the full revival at time $t_{\rm rev}$, i.e., a superrevival forms. Explicit examples of the superrevival structure for both circular and radial wave packets are given. We then study wave packets in alkali-metal atoms, which are typically used in experiments. The behavior of these packets is affected by the presence of quantum defects that modify the hydrogenic revival time scales and periodicities. Their behavior can be treated analytically using supersymmetry-based quantum-defect theory. We illustrate our results for alkali-metal atoms with explicit examples of the revival structure for radial wave packets in rubidium.Comment: To appear in Physical Review A, vol. 51, June 199

1986 Update of Agronomic and Animal Performance of Different Tall Fescue Varieties

The objective of the tall fescue breeding program at the University of Kentucky is the development of varieties characterized by superior nutritive value (including reduced levels of perloline and loline alkaloids), minimal infestation of the fungal endophyte, Acremonium coenophialum), higher palatability, improved disease resistance, and wider adaptation through the derivation of intergeneric and interspecific hybrids of ryegrass and tall fescue species. Kentucky 31, Kenwell, and Kenhy were varieties released from this breeding program. Johnstone tall fescue, developed cooperatively by the Kentucky Agricultural Experiment Station and USDA-ARS, is the most recently released variety. It is characterized as having low levels of perloline alkaloid and the fungal endophyte (Acremonium coenophialum) and improved forage quality during summer. Ample Johnstone seed should be available to meet demand during 1986

Radial Squeezed States and Rydberg Wave Packets

We outline an analytical framework for the treatment of radial Rydberg wave packets produced by short laser pulses in the absence of external electric and magnetic fields. Wave packets of this type are localized in the radial coordinates and have p-state angular distributions. We argue that they can be described by a particular analytical class of squeezed states, called radial squeezed states. For hydrogenic Rydberg atoms, we discuss the time evolution of the corresponding hydrogenic radial squeezed states. They are found to undergo decoherence and collapse, followed by fractional and full revivals. We also present their uncertainty product and uncertainty ratio as functions of time. Our results show that hydrogenic radial squeezed states provide a suitable analytical description of hydrogenic Rydberg atoms excited by short-pulsed laser fields.Comment: published in Physical Review