The Effect of the Exchange Rates on Investment in Mexican Manufacturing Industry

This paper, considering revenue and cost exposure channels, investigates the effects of exchange rate behaviour on fixed capital investment in Mexican manufacturing sector over 1994-2002. We find that i) currency depreciation has a positive (negative) effect on fixed investment through the export (import) channel; ii) exchange rate volatility impacts mostly export oriented sectors ; iii) the sensitivity of investment to exchange rate movements is stronger in non-durable goods sectors and industries with low mark-up ratios.Exchange rate volatility ; investment ; external exposure ; market structure

FinTech, blockchain and Islamic finance : an extensive literature review

Purpose: The paper aims to review the academic research work done in the area of Islamic financial technology. The Islamic FinTech area has been classified into three broad categories of the Islamic FinTech, Islamic Financial technology opportunities and challenges, Cryptocurrency/Blockchain sharia compliance and law/regulation. Finally, the study identifies and highlights the opportunities and challenges that Islamic Financial institutions can learn from the conventional FinTech organization across the world. Approach/Methodology/Design: The study collected 133 research studies (50 from Social Science Research Network (SSRN), 30 from Research gate, 33 from Google Scholar and 20 from other sources) in the area of Islamic Financial Technology. The study presents the systematic review of the above studies. Findings: The study classifies the Islamic FinTech into three broad categories namely, Islamic FinTech opportunities and challenges, Cryptocurrency/Blockchain sharia compliance and law/regulation. The study identifies that the sharia compliance related to the cryptocurrency/Blockchain is the biggest challenge which Islamic FinTech organizations are facing. During our review we also find that Islamic FinTech organizations are to be considered as partners by the Islamic Financial Institutions (IFI’s) than the competitors. If Islamic Financial institutions want to increase efficiency, transparency and customer satisfaction they have to adopt FinTech and become partners with the FinTech companies. Practical Implications: The study will contribute positively to the understanding of Islamic Fintech for the academia, industry, regulators, investors and other FinTech users. Originality/Value: The study believes to contribute positively to understanding of Fintech based technology like cryptocurrency/Blockchain from sharia perspective.peer-reviewe

A scattering theory of ultrarelativistic solitons

We construct a perturbative framework for understanding the collision of solitons (more precisely, solitary waves) in relativistic scalar field theories. Our perturbative framework is based on the suppression of the space-time interaction area proportional to $1/(\gamma v)$, where $v$ is the relative velocity of an incoming solitary wave and $\gamma = 1/\sqrt{1-v^2} \gg 1$. We calculate the leading order results for collisions of (1+1) dimensional kinks in periodic potentials, and provide explicit, closed form expressions for the phase shift and the velocity change after the collisions. We find excellent agreement between our results and detailed numerical simulations. Crucially, our perturbation series is controlled by a kinematic parameter, and hence not restricted to small deviations around integrable cases such as the Sine-Gordon model.Comment: v3: 43 pages, 10 figures, references added, matches version accepted for publication in PR

On computing joint invariants of vector fields

A constructive version of the Frobenius integrability theorem -- that can be programmed effectively -- is given. This is used in computing invariants of groups of low ranks and recover examples from a recent paper of Boyko, Patera and Popoyvich \cite{BPP}

A secure data outsourcing scheme based on Asmuth – Bloom secret sharing

The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.Data outsourcing is an emerging paradigm for data management in which a database is provided as a service by third-party service providers. One of the major benefits of offering database as a service is to provide organisations, which are unable to purchase expensive hardware and software to host their databases, with efficient data storage accessible online at a cheap rate. Despite that, several issues of data confidentiality, integrity, availability and efficient indexing of users’ queries at the server side have to be addressed in the data outsourcing paradigm. Service providers have to guarantee that their clients’ data are secured against internal (insider) and external attacks. This paper briefly analyses the existing indexing schemes in data outsourcing and highlights their advantages and disadvantages. Then, this paper proposes a secure data outsourcing scheme based on Asmuth–Bloom secret sharing which tries to address the issues in data outsourcing such as data confidentiality, availability and order preservation for efficient indexing

Classification of voting algorithms for N-version software

A voting algorithm in N-version software is a crucial component that evaluates the execution of each of the N versions and determines the correct result. Obviously, the result of the voting algorithm determines the outcome of the N-version software in general. Thus, the choice of the voting algorithm is a vital issue. A lot of voting algorithms were already developed and they may be selected for implementation based on the specifics of the analysis of input data. However, the voting algorithms applied in N-version software are not classified. This article presents an overview of classic and recent voting algorithms used in N-version software and the authors' classification of the voting algorithms. Moreover, the steps of the voting algorithms are presented and the distinctive features of the voting algorithms in Nversion software are defined. © Published under licence by IOP Publishing Ltd

Position-dependent-mass; Cylindrical coordinates, separability, exact solvability, and PT-symmetry

The kinetic energy operator with position-dependent-mass in cylindrical coordinates is obtained. The separability of the corresponding Schr\"odinger equation is discussed within radial cylindrical mass settings. Azimuthal symmetry is assumed and spectral signatures of various z-dependent interaction potentials (Hermitian and non-Hermitian PT-symmetric) are reported.Comment: 16 page

Classical and quantum quasi-free position dependent mass; P\"oschl-Teller and ordering-ambiguity

We argue that the classical and quantum mechanical correspondence may play a basic role in the fixation of the ordering-ambiguity parameters. We use quasi-free position-dependent masses in the classical and quantum frameworks. The effective P\"oschl-Teller model is used as a manifested reference potential to elaborate on the reliability of the ordering-ambiguity parameters available in the literature.Comment: 10 page

Ultra-relativistic oscillon collisions

In this short note we investigate the ultra-relativistic collisions of small amplitude oscillons in 1+1 dimensions. Using the amplitude of the oscillons and the inverse relativistic boost factor $\gamma^{-1}$ as the perturbation variables, we analytically calculate the leading order spatial and temporal phase shifts, and the change in the amplitude of the oscillons after the collisions. At leading order, we find that only the temporal phase shift receives a nonzero contribution, and that the collision is elastic. This work is also the first application of the general kinematic framework for understanding ultra-relativistic collisions (arXiv:1308.0606) to intrinsically time-dependent solitons.Comment: 12 pages, 3 figures, version 2, added one reference and matching the version to appear on PR

Preparation and characterization of magnetite (Fe3O4) nanoparticles By Sol-Gel method

The magnetite (Fe3O4) nanoparticles were successfully synthesized and annealed under vacuum at different temperature. The Fe3O4 nanoparticles prepared via sol-gel assisted method and annealed at 200-400ºC were characterized by Fourier Transformation Infrared Spectroscopy (FTIR), X-ray Diffraction spectra (XRD), Field Emission Scanning Electron Microscope (FESEM) and Atomic Force Microscopy (AFM). The XRD result indicate the presence of Fe3O4 nanoparticles, and the Scherer`s Formula calculated the mean particles size in range of 2-25 nm. The FESEM result shows that the morphologies of the particles annealed at 400ºC are more spherical and partially agglomerated, while the EDS result indicates the presence of Fe3O4 by showing Fe-O group of elements. AFM analyzed the 3D and roughness of the sample; the Fe3O4 nanoparticles have a minimum diameter of 79.04 nm, which is in agreement with FESEM result. In many cases, the synthesis of Fe3O4 nanoparticles using FeCl3 and FeCl2 has not been achieved, according to some literatures, but this research was able to obtained Fe3O4 nanoparticles base on the characterization results