Long-run growth expectations and "global imbalances" : [January 5, 2011]

This paper examines to what extent the build-up of "global imbalances" since the mid-1990s can be explained in a purely real open-economy DSGE model in which agents’ perceptions of long-run growth are based on filtering observed changes in productivity. We show that long-run growth estimates based on filtering U.S. productivity data comove strongly with long-horizon survey expectations. By simulating the model in which agents filter data on U.S. productivity growth, we closely match the U.S. current account evolution. Moreover, with household preferences that control the wealth effect on labor supply, we can generate output movements in line with the data. JEL Classification: E13, E32, D83, O4

Upper and Lower Bounds on Long Dual-Paths in Line Arrangements

Given a line arrangement $\cal A$ with $n$ lines, we show that there exists a path of length $n^2/3 - O(n)$ in the dual graph of $\cal A$ formed by its faces. This bound is tight up to lower order terms. For the bicolored version, we describe an example of a line arrangement with $3k$ blue and $2k$ red lines with no alternating path longer than $14k$. Further, we show that any line arrangement with $n$ lines has a coloring such that it has an alternating path of length $\Omega (n^2/ \log n)$. Our results also hold for pseudoline arrangements.Comment: 19 page

Damping Characteristics of Fibre Reinforced Polymers

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A system for production of defective interfering particles in the absence of infectious influenza A virus

<div><p>Influenza A virus (IAV) infection poses a serious health threat and novel antiviral strategies are needed. Defective interfering particles (DIPs) can be generated in IAV infected cells due to errors of the viral polymerase and may suppress spread of wild type (wt) virus. The antiviral activity of DIPs is exerted by a DI genomic RNA segment that usually contains a large deletion and suppresses amplification of wt segments, potentially by competing for cellular and viral resources. DI-244 is a naturally occurring prototypic segment 1-derived DI RNA in which most of the PB2 open reading frame has been deleted and which is currently developed for antiviral therapy. At present, coinfection with wt virus is required for production of DI-244 particles which raises concerns regarding biosafety and may complicate interpretation of research results. Here, we show that cocultures of 293T and MDCK cell lines stably expressing codon optimized PB2 allow production of DI-244 particles solely from plasmids and in the absence of helper virus. Moreover, we demonstrate that infectivity of these particles can be quantified using MDCK-PB2 cells. Finally, we report that the DI-244 particles produced in this novel system exert potent antiviral activity against H1N1 and H3N2 IAV but not against the unrelated vesicular stomatitis virus. This is the first report of DIP production in the absence of infectious IAV and may spur efforts to develop DIPs for antiviral therapy.</p></div

Rapid enzymatic test for phenotypic HIV protease drug resistance

A phenotypic resistance test based on recombinant expression of the active HIV protease in E. coli from patient blood samples was developed. The protease is purified in a rapid onestep procedure as active enzyme and tested for inhibition by five selected synthetic inhibitors (amprenavir, indinavir, nelfinavir, ritonavir, and saquinavir) used presently for chemotherapy of HIVinfected patients. The HPLC system used in a previous approach was replaced by a continuous fluorogenic assay suitable for highthroughput screening on microtiter plates. This reduces significantly the total assay time and allows the determination of inhibition constants (K-i). The Michaelis constant (K-m) and the inhibition constant (K-i) of recombinant wildtype protease agree well with published data for cloned HIV protease. The enzymatic test was evaluated with recombinant HIV protease derived from eight HIVpositive patients scored from sensitive to highly resistant according to mutations detected by genotypic analysis. The measured K-i values correlate well with the genotypic resistance scores, but allow a higher degree of differentiation. The noninfectious assay enables a more rapid yet sensitive detection of HIV protease resistance than other phenotypic assays

Octahedral Tilting in ACu3Ru4O12 (A=Na,Ca,Sr,La,Nd)

The perovskite-like compounds ACu3Ru4O12 (A=Na,Ca,Sr,La,Nd) are studied by means of density functional theory based electronic structure calculations using the augmented spherical wave (ASW) method. The electronic properties are strongly influenced by covalent type bonding between transition metal d and oxygen p states. The characteristic tilting of the RuO6 octahedra arises mainly from the Cu--O bonding, allowing for optimal bond lengths between these two atoms. Our results provide a deeper understanding of octahedral tilting as a universal mechanism, applicable to a large variety of multinary compounds.Comment: 9 pages, 4 eps figure

Development and screening of selective catalysts for the synthesis of clean liquid fuels

This article is a compilation of the research carried out under EEC contract EN3V-0400-D at the Institut für Energieverfahrenstechnik in Jülich and at the Faculty of Chemical Technology and Materials Science, Delft, concerning the development and screening of copper/cobalt-based catalysts for the synthesis of alcohol mixtures from syngas. Analogous work, based on copper/zinc oxide/alumina catalysts, has been performed at the Faculty of Chemical Technology in Twente University at Enschede. This work is described in a companion paper. Comparative tests of several catalysts in a pressure micropulse reactor and in a plug flow tubular reactor, carried out at the Institut für Technische Chemie, TU Braunschweig, are presented in a second companion paper. \ud In the discussion section of the present article the results obtained by the joint groups are compared with the initial objectives of the programme

Non-perturbative renormalization of the axial current with improved Wilson quarks

We present a new normalization condition for the axial current, which is derived from the PCAC relation with non-vanishing mass. Using this condition reduces the O(r_0 m) corrections to the axial current normalization constant Z_A for an easier chiral extrapolation in the cases, where simulations at zero quark-mass are not possible. The method described here also serves as a preparation for a determination of Z_A in the full two-flavor theory.Comment: 3 pages, 3 figures, Lattice2003(improve