Trend Fundamentals and Exchange Rate Dynamics

We estimate a multivariate unobserved components stochastic volatility model to explain the dynamics of a panel of six exchange rates against the US Dollar. The empirical model is based on the assumption that both countries' monetary policy strategies may be well described by Taylor rules with a time-varying inflation target, a time-varying natural rate of unemployment, and interest rate smoothing. The estimates closely track major movements along with important time series properties of real and nominal exchange rates across all currencies considered. The model generally outperforms a benchmark model that does not account for changes in trend inflation and trend unemployment. (authors' abstract)Series: Department of Economics Working Paper Serie

Isobutyl acetate: electronic state spectroscopy by high-resolution vacuum ultraviolet photoabsorption, He(I) photoelectron spectroscopy and ab initio calculations

The high-resolution vacuum ultraviolet photoabsorption spectrum of isobutyl acetate, C6H12O2, is presented here and was measured over the energy range 4.3–10.8 eV (290–115 nm). Valence and Rydberg transitions with their associated vibronic series have been observed in the photoabsorption spectrum and are assigned in accordance with new ab initio calculations of the vertical excitation energies and oscillator strengths. The measured photoabsorption cross sections have been used to calculate the photolysis lifetime of this ester in the Earth’s upper atmosphere (20–50 km). Calculations have also been carried out to determine the ionization energies and fine structure of the lowest ionic state of isobutyl acetate and are compared with a photoelectron spectrum (from 9.5 to 16.7 eV), recorded for the first time. Vibrational structure is observed in the first photoelectron band of this molecule

Effect of aging on thermal conductivity of fiber-reinforced aerogel composites: An X-ray tomography study

Silica aerogels display an ultra-low thermal conductivity (λ) and are used as thermal superinsulators. Here, we study the influence of aging and drying processes on the microstructure and thermal conductivity of fiber-reinforced silica aerogel composites. Glass wool-silica gel composites were aged for variable times, hydrophobized, and dried either at ambient pressure or from supercritical CO2 (scCO2). The X-ray micro- tomographic data display three distinct phases: silica aerogel, glass fibers, and macroscopic pores and cracks. The silica aerogel appears as a continuous medium in the tomograms because the spatial resolution (6–11 μm) is insufficient to resolve the aerogel mesopores (∼0.02–0.10 μm). For the composites prepared by ambient pressure drying, insufficient aging led to prominent drying shrinkage and cracking, and a high macro-porosity, as quantified by 3D image analysis. Insufficient aging also led to an increase in λ from 15.7 to 21.5 mW m−1 K−1. On the contrary, composites that were nearly free of cracks and displayed a constant λ of 16.3 ± 0.8 mW m−1 K−1 could be prepared by scCO2, independent of aging time. The thermal conductivity was reproduced from the macro-porosity to within 0.7 mW m−1 K−1 using simple thermal transport models consisting of thermal elements connected in series or parallel. Our results illustrate the usefulness of X-ray micro-tomography to quantify the 3D microstructure and its effects on the bulk composite properties and the data highlight the importance of aging for the production of low λ aerogel-fiber composites by ambient pressure drying

A Three-Hybrid Approach to Scanning the Proteome for Targets of Small Molecule Kinase Inhibitors

AbstractIn this study, we explored the application of a yeast three-hybrid (Y3H)-based compound/protein display system to scanning the proteome for targets of kinase inhibitors. Various known cyclin-dependent kinase (CDK) inhibitors, including purine and indenopyrazole analogs, were displayed in the form of methotrexate-based hybrid ligands and deployed in cDNA library or yeast cell array-based screening formats. For all inhibitors, known cell cycle CDKs as well as novel candidate CDK-like and/or CDK-unrelated kinase targets could be identified, many of which were independently confirmed using secondary enzyme assays and affinity chromatography. The Y3H system described here may prove generally useful in the discovery of candidate drug targets

Realizing Double Graded CIGSe Absorbers with the R2R Hybrid CIGSe Process

This article presents an approach for industrial roll to roll R2R deposition of Cu In,Ga Se2 CIGSe thin films on stainless steel foil for use as absorber layers in flexible thin film solar cells. The hybrid CIGSe deposition process combines magnetron sputtering with evaporation techniques and allows the realization of a double graded CIGSe layer, reaching a conversion efficiency of currently up to 14.0 w o antireflective coating . The influence of different power settings of the individual magnetrons on the gallium profile is described. For a deeper understanding of differences between a static and an R2R process, a calculated flux diagram is presented. In the second part of this contribution, the homogeneity of the industrial scale samples is discussed by comparing the change in CGI and GGI over the foil width of 30 cm. The hybrid CIGSe deposition process excels in a straightforward scalability for industrial usage due to the application of planar magnetron sputtering sources as metal vapor suppl

TRIGA-SPEC: A setup for mass spectrometry and laser spectroscopy at the research reactor TRIGA Mainz

The research reactor TRIGA Mainz is an ideal facility to provide neutron-rich nuclides with production rates sufficiently large for mass spectrometric and laser spectroscopic studies. Within the TRIGA-SPEC project, a Penning trap as well as a beam line for collinear laser spectroscopy are being installed. Several new developments will ensure high sensitivity of the trap setup enabling mass measurements even on a single ion. Besides neutron-rich fission products produced in the reactor, also heavy nuclides such as 235-U or 252-Cf can be investigated for the first time with an off-line ion source. The data provided by the mass measurements will be of interest for astrophysical calculations on the rapid neutron-capture process as well as for tests of mass models in the heavy-mass region. The laser spectroscopic measurements will yield model-independent information on nuclear ground-state properties such as nuclear moments and charge radii of neutron-rich nuclei of refractory elements far from stability. This publication describes the experimental setup as well as its present status.Comment: 20 pages, 17 figure

In search of the authentic nation: landscape and national identity in Canada and Switzerland

While the study of nationalism and national identity has flourished in the last decade, little attention has been devoted to the conditions under which natural environments acquire significance in definitions of nationhood. This article examines the identity-forming role of landscape depictions in two polyethnic nation-states: Canada and Switzerland. Two types of geographical national identity are identified. The first – what we call the ‘nationalisation of nature’– portrays zarticular landscapes as expressions of national authenticity. The second pattern – what we refer to as the ‘naturalisation of the nation’– rests upon a notion of geographical determinism that depicts specific landscapes as forces capable of determining national identity. The authors offer two reasons why the second pattern came to prevail in the cases under consideration: (1) the affinity between wild landscape and the Romantic ideal of pure, rugged nature, and (2) a divergence between the nationalist ideal of ethnic homogeneity and the polyethnic composition of the two societies under consideration