2,025 research outputs found

    Industrial Electricity Usage and Stock Returns

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    The growth rate of industrial electricity usage predicts future stock returns up to 1 year with an R 2 of 9%. High industrial electricity usage today predicts low stock returns in the future, consistent with a countercyclical risk premium. Industrial electricity usage tracks the output of the most cyclical sectors. Our findings bridge a gap between the asset pricing literature and the business cycle literature, which uses industrial electricity usage to gauge production and output in real time. Industrial electricity growth compares favorably with traditional financial variables, and it outperforms Cooper and Priestley’s output gap measure in real time

    Progress in Cryopreservation of Stem Cells and Immune Cells for Cytotherapy

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    Cellular therapy with stem and immune cells has demonstrated significant success both in clinical treatments and the industrial market. Cryopreservation is a necessary and essential component of cellular therapy. In this chapter, first of all, some basic theories of cryoinjury and techniques in cryopreservation are reviewed. Then it focuses on the progress of cryopreservation of stem cells and immune cells, including new protocols and techniques, alternative cryoprotective agents (CPA), side effects after transplantation, and advances in reducing adverse reactions. Strategies to minimize adverse effects include medication before and after transplantation, optimizing the infusion procedure, reducing the CPA concentration or using alternative CPAs for cryopreservation, and removing CPA prior to infusion. Traditional and newly developed approaches including methods and devices for CPA removal are discussed. Future work is recommended including further optimization of cryopreservation protocols especially for lymphocytes; standardization of the optimized protocols with temperature monitoring and quality control; exploration of DMSO-free, serum-free, and even xeno-free media for cryopreservation; development of simple, reliable, and cost-effective devices for cryopreservation; and more fundamental cryobiological studies to avoid cellular injury.Keywords: cryopreservation, stem cell, immune cell, cytotherap

    Subsidized overexpansion of Chinese firms

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    This paper examines the economic consequences of public subsidies to listed firms in China. It reveals that public subsidies can significantly increase the chance of firm overinvestment. However, they do not necessarily resolve the underinvestment problem. These results appear robust when we test various types of subsidies separately, as well as when we analyze the influence of subsidies on the investment-Q sensitivity. Further investigation shows that dividend payout has an important moderating role in this relationship between subsidies and investment. Firms with subsidies, especially those that pay higher cash dividends, have lower future stock returns and valuations than comparable non-subsidized firms. Overall, the main findings of this paper signal a clear government failure to correct market failure in the Chinese capital market. © 201

    Fast Jacket-Haar Transform with Any Size

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    A novel method for objectively, rapidly and accurately evaluating burn depth via near infrared spectroscopy

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    The accurate and objective evaluation of burn depth is a significant challenge in burn wound care. Herein, we used near infrared spectroscopy (NIRS) technology to measure the different depth of thermal burns in ex vivo porcine models. Based on the intensity of the spectral signals and the diffuse reflection theory, we extracted the optical parameters involved in functional (total hemoglobin and water content) and structural (tissue scattered size and scattered particles) features that reflect the changes in burn depth. Next, we applied support vector regression to construct a model including the optical property parameters and the burn depth. Finally, we histologically verified the burn depth data collected via NIRS. The results showed that our inversion model could achieve an average relative error of about 7.63%, while the NIRS technology diagnostic accuracy was in the range of 50 μm. For the first time, this novel technique provides physicians with real-time burn depth information objectively and accurately

    A Study of New Ceramic Membrane for Use in Hemodialysis

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    ABSTRACT The non-uniformity of pore size and pore distribution of the current hemodialysis membrane results in low efficiency of uremic solute removal as well as the loss of albumin. By using nano technology, an anodic alumina membrane (ceramic membrane) with self-organized nano-pore structure was produced. The objective of this study was to investigate the correlation between various anodization conditions and the pore characteristics of the ceramic membrane as a potential use in artificial kidney / hemodialysis. An aluminum thin film was oxidized in two electrolytes consisting of 3% and 5% sulfuric acid and 2.7% oxalic acid. The applied voltages were 12.5, 15, 17.5 and 20 (V) for sulfuric acid and 20, 30, 40 and 50 (V) for oxalic acid. Pore size and porosity were determined by analyzing scanning electron microscopy (SEM) images and hydraulic conductivity was measured. Pore size increased linearly with voltage. Acid concentration affected pore formation but not pore size and pore distribution. Hydraulic conductivity of the ceramic membrane was higher than that of polymer dialysis membrane. The optimal formation conditions for self-organized nano-pore structure of ceramic membrane were 12.5-17.5V in 3-5% sulfuric acid at 0 o C. These conditions produced ceramic membranes with pores of ~ 10 nm diameter. Conclusion: Anodic alumina technology reliably produced in quantity structures with pore sizes in the 10-50 nm diameter range. Because of more uniform pore size, high porosity, high hydraulic conductivity and resistance to high temperature, the ceramic membrane has potential for future application as a hemodialysis membrane

    Eficacia de la magnetoterápia en la consolidación de fracturas óseas. Revisión sistemática.

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    El trabajo de fin de grado realizado consiste en una revisión sistemática, tratando de al eficacia del aparato de magnetoterapia en relación a la consolidación ósea cualidad y tiempo. Para ello se utilizaron las bases de datos PubMed, ENFISPO, PEDro, la Biblioteca Cochrane de estudios publicados entre el periodo de año 2010 y 2015. Los resultados en relación a la consolidación ósea, ninguno de los tres artículos seleccionados obtuvimos resultados significativos. Aunque las pruebas de laboratorios disponibles indican que la estimulación con campos electromagnéticos puede ofrecer algún beneficio en la consolidación de fracturas óseas, a la hora de aplicarlo en seres humanos como posible tratamiento no es concluyente o suficiente para informar de su utilización en la práctica actual. Las conclusiones y resultados más definitivos o positivos, recomendando su utilización sobre el efecto en el tratamiento aguardan ensayos controlados aleatorios adicionales bien realizados

    Global Infectious Diseases in August 2023: A Monthly Analysis

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    Infectious diseases frequently affect children and adults worldwide. Owing to their specific biology and mode of transmission, the presence of infected individuals or carriers in a region often leads to outbreaks of the disease in that region, and in severe cases, to the death of the infected individual. Infectious diseases have been one of the main causes of mass disability or death in humans for centuries. Surveillance of infectious diseases on a continental scale is therefore important for assessing, recognizing, and preventing the risks that these diseases may pose to animal and human health on a global scale. This report focuses on global infectious disease outbreaks and systematically summarises the timing and location of outbreaks in infected populations between 24 July and 23 August 2023 based on the Global Outbreak Information Surveillance System (GOSIS) of Shusi Technologies
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