Fundamental Factors Affecting the MOEX Russia Index: Retrospective Analysis

This paper is an empirical study of the changing nature of the de-pendence of fundamental factors on thestock market index, which is the trend identified earlier in the Russian stock market. We empirically test the impact of daily values of fundamental factors on the MOEX Russia Index from 2003 to 2018. The analysis of the ARIMA-GARCH (1,1) model with a rolling window reveals that the change in the power and direction of the influence of the fun-damental factors on the Russian stock market persists. The Quandt-Andrews breakpoint test and Bai-Perron test identify the number and likely location of structural breaks. We find multiple breaks probably associated with the dra-matic falls of the stock market index. The results of the regression models over the different regimes, defined by the structural breaks, can vary markedly over time. This research is of value in macroeconomic forecasting and in the invest-ment strategy development

A sharper view of the outer Galaxy at 1420 and 408 MHz from the Canadian Galactic Plane Survey II: The catalogue of extended radio sources

A new catalogue of extended radio sources has been prepared based on arcminute-resolution 1420 MHz images from the Canadian Galactic Plane Survey (CGPS). The new catalogue provides both 1420 MHz and 408 MHz flux density measurements on sources found near the Galactic plane in the second quadrant of our Galaxy. In addition cross-identifications are made with other major radio catalogues and information is provided to facilitate the recovery of CGPS image data associated with each catalogued source. Numerous new radio sources are identified and the catalogue provides a comprehensive summary of both newly discovered and previously known HII regions and supernova remnants in the outer Galaxy. The catalogue should be of use both for synoptic studies of Galactic structure and for placing higher resolution observations, at radio and other wavelengths, in context.Comment: accepted for publication in MNRAS, 8 pages, 6 figure

XTE J0111.2-7317 : a nebula-embedded X-ray binary in the SMC

The observed characteristics of the nebulosity surrounding the SMC High Mass X-ray Binary XTE J0111.2-7317 are examined in the context of three possible nebular types: SNR, bowshock and HII region. Observational evidence is presented which appears to support the interpretation that the nebulosity surrounding XTE J0111.2-7317 is an HII region. The source therefore appears to be a normal SMC Be X-ray binary (BeXRB) embedded in a locally enhanced ISM which it has photoionised to create an HII region. This is supported by observations of the X-ray outburst seen with BATSE and RXTE in 1998-1999. It exhibited characteristics typical of a giant or type II outburst in a BeXRB including large spin-up rates, Lx~10E38 erg/sq.cm-s, and a correlation between spin-up rate and pulsed flux. However, the temporal profile of the outburst was unusual, consisting of two similar intensity peaks, with the first peak of shorter duration than the second.Comment: Accepted for publication by MNRA

Identifying birth places of young isolated neutron stars

Young isolated radio-quiet neutron stars are still hot enough to be detectable at X-ray and optical wavelengths due to their thermal emission and can hence probe cooling curves. An identification of their birth sites can constrain their age. For that reason we try to identify the parent associations for four of the so-called Magnificent Seven neutron stars for which proper motion and distance estimates are available. We are tracing back in time each neutron star and possible birth association centre to find close encounters. The associated time of the encounter expresses the kinematic age of the neutron star which can be compared to its characteristic spin-down age. Owing to observational uncertainties in the input data, we use Monte-Carlo simulations and evaluate the outcome of our calculations statistically. RX J1856.5-3754 most probably originated from the Upper Scorpius association about 0.3 Myr ago. RX 0720.4-3125 was either born in the young local association TWA about 0.4 Myr ago or in Tr 10 0.5 Myr in the past. Also RX J1605.3+3249 and RBS 1223 seem to come from a nearby young association such as the Sco-Cen complex or the extended Corona-Australis association. For RBS 1223 also a birth in Sct OB2 is possible. We also give constraints on the observables as well as on the radial velocity of the neutron star. Given the birth association, its age and the flight time of the neutron star, we estimate the mass of the progenitor star. Some of the potential supernovae were located very nearby (<100pc) and thus should have contributed to the 10Be and 60Fe material found in the Earth's crust. In addition we reinvestigate the previously suggested neutron star/ runaway pair PSR B1929+10/ zeta Ophiuchi and conclude that it is very likely that both objects were ejected during the same supernova event.Comment: 14 figures, 13 table

A survey of shipping finance research: setting the future research agenda

Financing shipping related investment projects has always been a focal area of debate and research within the international maritime industry since access to funding can determine the competitiveness of a capital-intensive business as well as its success or failure under adverse market conditions. This paper provides, for the first time, a comprehensive and structured survey of all published research in the area of shipping finance and investment. The review spans approximately four decades (1979-2018) of empirical evidence, including 162 studies published in 48 scholarly journals, complemented with select books and book chapters. The study provides a bibliometric analysis and comprehensive synthesis of existing research offering an invaluable source of information for both the academic community and business practice, shaping the future research agenda in shipping finance and investment