4,659 research outputs found

    Manifestly Haraway by Donna J. Haraway

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    Review of Donna J. Haraway\u27s Manifestly Haraway

    Abrupt Longitudinal Magnetic Field Changes and Ultraviolet Emissions Accompanying Solar Flares

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    We have used Transition Region and Coronal Explorer (TRACE) 1600 \AA images and Global Oscillation Network Group (GONG) magnetograms to compare ultraviolet (UV) emissions from the chromosphere to longitudinal magnetic field changes in the photosphere during four X-class solar flares. An abrupt, significant, and persistent change in the magnetic field occurred across more than ten pixels in the GONG magnetograms for each flare. These magnetic changes lagged the GOES flare start times in all cases, showing that they were consequences and not causes of the flares. Ultraviolet emissions were spatially coincident with the field changes. The UV emissions tended to lag the GOES start times for the flares, and led the changes in the magnetic field in all pixels except one. The UV emissions led the photospheric field changes by 4 minutes on average with the longest lead being 9 minutes, however, the UV emissions continued for tens of minutes, and more than an hour in some cases, after the field changes were complete. The observations are consistent with the picture in which an Alfv\'{e}n wave from the field reconnection site in the corona propagates field changes outward in all directions near the onset of the impulsive phase, including downwards through the chromosphere and into the photosphere, causing the photospheric field changes, whereas the chromosphere emits in the UV in the form of flare kernels, ribbons and sequential chromospheric brightenings during all phases of the flare

    Theoretical models of free-free microwave emission from solar magnetic loops

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    The free-free microwave emission is calculated from a series of model magnetic loops. The loops are surrounded by a cooler external plasma, as required by recent simultaneous X ray and microwave observations, and a narrow transition zone separating the loops from the external plasma. To be consistent with the observational results, upper limits on the density and temperature scale lengths in the transition zone are found to be 360 km and 250 km, respectively. The models which best produce agreement with X ray and microwave observations also yielded emission measure curves which agree well with observational emission measure curves for solar active regions

    How Much Do Taxes Discourage Incorporation.

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    One of the most basic distortions created by the double taxation of corporate income is the disincentive to incorporate. In this paper, we investigate the extent to which the aggregate allocation of assets and taxable income in the U.S. between corporate vs. noncorporate forms of organization during the period 1959-86 has responded to the size of the tax distortion discouraging firms from incorporating. In theory, profitable firms should shift out of the corporate sector when the tax distortion to incorporating is larger, and conversely for firms with tax losses. Our empirical results provide strong support for these theoretical forecasts, and hold consistently across a wide variety of specifications and measures of the tax variables. Measured effects are small, however, throwing doubt on the economic importance of tax-induced changes in organizational form.

    Effects of the Tax Reform Act of 1986 on Corporate Financial Policy and Organizational Form

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    We examine the effects of the Tax Reform Act of 1986 on the financial decisions made by firms. We review the theory and empirical predictions of prior literature for corporate debt policy, for dividend and equity repurchase payouts to shareholders, and for the choice of organizational form. We then compare the predictions to post-1986 experience. The change in debt/value ratios has been substantially smaller than expected. Dividend payouts increased as predicted, but stock repurchases increased even more rapidly which was unexpected and is difficult to understand. Based on very scant data, it appears that some activities have shuffled among organizational forms; in particular, loss activities may have been moved into corporate form where they are deducted at a higher tax rate, while gain activities may have shifted towards noncorporate form, to be taxed at the lower personal rates. In addition, several interesting new issues are raised. One concerns previously neglected implications for the effective tax on retained earnings that follow from optimal trading strategies when long- and short-term capital gains are taxed at different rates. Also, new interest allocation rules for multinational corporations provide a substantial incentive for many firms to shift their borrowing abroad.
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