645 research outputs found

    Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II

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    There is much debate about the usefulness of the neoclassical growth model for assessing the macro-economic impact of fiscal shocks. We test the theory using data from World War II, which is by far the largest fiscal shock in the history of the United States. We take observed changes in fiscal policy during the war as inputs into a parameterized, dynamic general equilibrium model and compare the values of all variables in the model to the actual values of these variables in the data. Our main finding is that the theory quantitatively accounts for macroeconomic activity during this big fiscal shock.

    Does neoclassical theory account for the effects of big fiscal shocks? Evidence from World War II

    Get PDF
    There is much debate about the usefulness of the neoclassical growth model for assessing the macroeconomic impact of fiscal shocks. We test the theory using data from World War II, which is by far the largest fiscal shock in the history of the United States. We take observed changes in fiscal policy during the war as inputs into a parameterized, dynamic general equilibrium model and compare the values of all variables in the model to the actual values of these variables in the data. Our main finding is that the theory quantitatively accounts for macroeconomic activity during this big fiscal shock.Economic history ; Fiscal policy ; Macroeconomics - Econometric models

    General relativity and cosmology derived from principle of maximum power or force

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    The field equations of general relativity are shown to derive from the existence of a limit force or of a limit power in nature. The limits have the value of c^4/4G and c^5/4G. The proof makes use of a result by Jacobson. All known experimental data is consistent with the limits. Applied to the universe, the limits predict its darkness at night and the observed scale factor. Some experimental tests of the limits are proposed. The main counter-arguments and paradoxes are discussed, such as the transformation under boosts, the force felt at a black hole horizon, the mountain problem, and the contrast to scalar--tensor theories of gravitation. The resolution of the paradoxes also clarifies why the maximum force and the maximum power have remained hidden for so long. The derivation of the field equations shows that the maximum force or power plays the same role for general relativity as the maximum speed plays for special relativity.Comment: 24 pages, 1 figure, LaTeX, published versio

    Prediction and measurement of radiation damage to CMOS devices on board spacecraft

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    The CMOS Radiation Effects Measurement (CREM) experiment is presently being flown on the Explorer-55. The purpose of the experiment is to evaluate device performance in the actual space radiation environment and to correlate the respective measurements to on-the-ground laboratory irradiation results. The experiment contains an assembly of C-MOS and P-MOS devices shielded in front by flat slabs of aluminum and by a practically infinite shield in the back. Predictions of radiation damage to C-MOS devices are based on standard environment models and computational techniques. A comparison of the shifts in CMOS threshold potentials, that is, those measured in space to those obtained from the on-the-ground simulation experiment with Co-60, indicates that the measured space damage is smaller than predicted by about a factor of 2-3 for thin shields, but agrees well with predictions for thicker shields

    Scattering of Gravitational Waves by the Weak Gravitational Fields of Lens Objects

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    We consider the scattering of the gravitational waves by the weak gravitational fields of lens objects. We obtain the scattered gravitational waveform by treating the gravitational potential of the lens to first order, i.e. using the Born approximation. We find that the effect of scattering on the waveform is roughly given by the Schwarzschild radius of the lens divided by the wavelength of gravitational wave for a compact lens object. If the lenses are smoothly distributed, the effect of scattering is of the order of the convergence field κ\kappa along the line of sight to the source. In the short wavelength limit, the amplitude is magnified by 1+κ1+\kappa, which is consistent with the result in weak gravitational lensing.Comment: 4 pages, 2 figures, A&A Letters, in press, minor changes, references adde

    Two Examples of Circular Motion for Introductory Courses in Relativity

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    The circular twin paradox and Thomas Precession are presented in a way that makes both accessible to students in introductory relativity courses. Both are discussed by examining what happens during travel around a polygon and then in the limit as the polygon tends to a circle. Since relativistic predictions based on these examples can be verified in experiments with macroscopic objects such as atomic clocks and the gyroscopes on Gravity Probe B, they are particularly convincing to introductory students.Comment: Accepted by the American Journal of Physics This version includes revision

    Can Maxwell's equations be obtained from the continuity equation?

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    We formulate an existence theorem that states that given localized scalar and vector time-dependent sources satisfying the continuity equation, there exist two retarded fields that satisfy a set of four field equations. If the theorem is applied to the usual electromagnetic charge and current densities, the retarded fields are identified with the electric and magnetic fields and the associated field equations with Maxwell's equations. This application of the theorem suggests that charge conservation can be considered to be the fundamental assumption underlying Maxwell's equations.Comment: 14 pages. See the comment: "O. D. Jefimenko, Causal equations for electric and magnetic fields and Maxwell's equations: comment on a paper by Heras [Am. J. Phys. 76, 101 (2008)].

    Quasi-geometrical Optics Approximation in Gravitational Lensing

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    The gravitational lensing of gravitational waves should be treated in the wave optics instead of the geometrical optics when the wave length λ\lambda of the gravitational waves is larger than the Schwarzschild radius of the lens mass MM. The wave optics is based on the diffraction integral which represents the amplification of the wave amplitude by lensing. We study the asymptotic expansion of the diffraction integral in the powers of the wave length λ\lambda. The first term, arising from the short wavelength limit λ0\lambda \to 0, corresponds to the geometrical optics limit. The second term, being of the order of λ/M\lambda/M, is the leading correction term arising from the diffraction effect. By analyzing this correction term, we find that (1) the lensing magnification μ\mu is modified to μ (1+δ)\mu ~(1+\delta), where δ\delta is of the order of (λ/M)2(\lambda/M)^2, and (2) if the lens has cuspy (or singular) density profile at the center ρ(r)rα\rho(r) \propto r^{-\alpha} (0<α20 < \alpha \leq 2), the diffracted image is formed at the lens center with the magnification μ(λ/M)3α\mu \sim (\lambda/M)^{3-\alpha}.Comment: 9 pages, 4 figures. Revised version accepted for publication in A&

    Using the Uncharged Kerr Black Hole as a Gravitational Mirror

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    We extend the study of the possibility to use the Schwarzschild black hole as a gravitational mirror to the more general case of an uncharged Kerr black hole. We use the null geodesic equation in the equatorial plane to prove a theorem concerning the conditions the impact parameter has to satisfy if there shall exist boomerang photons. We derive an equation for these boomerang photons and an equation for the emission angle. Finally, the radial null geodesic equation is integrated numerically in order to illustrate boomerang photons.Comment: 11 pages Latex, 3 Postscript figures, uufiles to compres

    Biomass Vertical Distribution in a Grazed Grassland Under Monoespecific and Mixed Grazing

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    Mixed grazing is defined as the use of the same forage resource for more than one herbivore species. It has been shown that different herbivore species have specific grazing modalities (Black and Kenney, 1984), which may differentially modify the structure of the pasture. The aim of this study was to evaluate the biomass vertical distribution in a sward with mixed grazing
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