1,784 research outputs found

    Interpreting the Hours-Technology time-varying relationship

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    We investigate the time varying relation between hours and technology shocks using a structural business cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for capital- and labor-augmenting technology shocks. We estimate the model with Bayesian techniques. In the full sample, we find (i) evidence in favor of a less than unitary elasticity of substitution (rejecting Cobb-Douglas) and (ii) a sizable role for capital augmenting shock for business cycles fluctuations. In rolling sub-samples, we document that the transmission of technology shocks to hours worked has been varying over time. We argue that this change is due to the increase of the elasticity of factor substitution. That is, labor and capital became less complementary throughout the sample inducing a change in the sign and size of the response of hours. We conjecture that this change may have been induced by a change in the skill composition of the labor input.Hours Worked and Business Cycles, Bayesian Methods.

    Optimized generation of spatial qudits by using a pure phase spatial light modulator

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    We present a method for preparing arbitrary pure states of spatial qudits, namely, D-dimensional (D > 2) quantum systems carrying information in the transverse momentum and position of single photons. For this purpose, a set of D slits with complex transmission are displayed on a spatial light modulator (SLM). In a recent work we have shown a method that requires a single phase-only SLM to control independently the complex coefficients which define the quantum state of dimension D. The amplitude information was codified by introducing phase gratings inside each slit and the phase value of the complex transmission was added to the phase gratings. After a spatial filtering process we obtained in the image plane the desired qudit state. Although this method has proven to be a good alternative to compact the previously reported architectures, it presents some features that could be improved. In this paper we present an alternative scheme to codify the required phase values that minimizes the effects of temporal phase fluctuations associated to the SLM where the codification is carried on. In this scheme the amplitudes are set by appropriate phase gratings addressed at the SLM while the relative phases are obtained by a lateral displacement of these phase gratings. We show that this method improves the quality of the prepared state and provides very high fidelities of preparation for any state. An additional advantage of this scheme is that a complete 2\pi modulation is obtained by shifting the grating by one period, and hence the encoding is not limited by the phase modulation range achieved by the SLM. Numerical simulations, that take into account the phase fluctuations, show high fidelities for thousands of qubit states covering the whole Bloch sphere surface. Similar analysis are performed for qudits with D = 3 and D = 7.Comment: 12 pages, 7 figure

    Conditional purity and quantum correlation measures in two qubit mixed states

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    We analyze and show experimental results of the conditional purity, the quantum discord and other related measures of quantum correlation in mixed two-qubit states constructed from a pair of photons in identical polarization states. The considered states are relevant for the description of spin pair states in interacting spin chains in a transverse magnetic field. We derive clean analytical expressions for the conditional local purity and other correlation measures obtained as a result of a remote local projective measurement, which are fully verified by the experimental results. A simple exact expression for the quantum discord of these states in terms of the maximum conditional purity is also derived.Comment: 16 pages, 5 figures, minor changes, to be published in J. Phys.

    Illumina mate-paired DNA sequencing-library preparation using Cre-Lox recombination

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    Standard Illumina mate-paired libraries are constructed from 3- to 5-kb DNA fragments by a blunt-end circularization. Sequencing reads that pass through the junction of the two joined ends of a 3-5-kb DNA fragment are not easy to identify and pose problems during mapping and de novo assembly. Longer read lengths increase the possibility that a read will cross the junction. To solve this problem, we developed a mate-paired protocol for use with Illumina sequencing technology that uses Cre-Lox recombination instead of blunt end circularization. In this method, a LoxP sequence is incorporated at the junction site. This sequence allows screening reads for junctions without using a reference genome. Junction reads can be trimmed or split at the junction. Moreover, the location of the LoxP sequence in the reads distinguishes mate-paired reads from spurious paired-end reads. We tested this new method by preparing and sequencing a mate-paired library with an insert size of 3 kb from Saccharomyces cerevisiae. We present an analysis of the library quality statistics and a new bio-informatics tool called DeLoxer that can be used to analyze an IlluminaCre-Lox mate-paired data set. We also demonstrate how the resulting data significantly improves a de novo assembly of the S. cerevisiae genome

    Improved expressions for performance parameters for complex filters

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    Improved expressions are given for the performance parameters for transverse and axial gains for complex pupil filters. These expressions can be used to predict the behavior of filters that give a small axial shift in the focal intensity maximum and also predict the changes in gain for different observation planes

    Unraveling the potential of non-conventional yeasts in biotechnology.

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    Cost-effective microbial conversion processes of renewable feedstock into biofuels and biochemicals are of utmost importance for the establishment of a robust bioeconomy. Conventional baker's yeast Saccharomyces cerevisiae, widely employed in biotechnology for decades, lacks many of the desired traits for such bioprocesses like utilization of complex carbon sources or low tolerance towards challenging conditions. Many non-conventional yeasts (NCY) present these capabilities, and they are therefore forecasted to play key roles in future biotechnological production processes. For successful implementation of NCY in biotechnology, several challenges including generation of alternative carbon sources, development of tailored NCY and optimization of the fermentation conditions are crucial for maximizing bioproduct yields and titers. Addressing these challenges requires a multidisciplinary approach that is facilitated through the 'YEAST4BIO' COST action. YEAST4BIO fosters integrative investigations aimed at filling knowledge gaps and excelling research and innovation, which can improve biotechnological conversion processes from renewable resources to mitigate climate change and boost transition towards a circular bioeconomy. In this perspective, the main challenges and research efforts within YEAST4BIO are discussed, highlighting the importance of collaboration and knowledge exchange for progression in this research field

    Misallocation, Access to Finance, and Public Credit: Firm-Level Evidence

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    Using a database of 23,000 firms in 45 economies, we test the quantitative importance of access to finance and access to public and private credit for the determination of misallocation. We first derive measures of factor market and size distortions, and then use these measures within a regression framework to test the significance of self-declared access-to-finance obstacles as well as the effect of access to a credit line issued by either a government-owned or private bank. We find that access-to-finance obstacles and private credit increase the dispersion of distortions. Public credit has a very small effect. For firms that do not face financial obstacles, public credit increases the dispersion of distortions; for firms that face financial obstacles, it slightly decreases dispersion. Public credit does not appear to compensate for the distortions that exist in private credit markets. Quantitatively, however, financial variables explain a very small part of the dispersion of factor market and size distortions
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