5,724 research outputs found
Think Again: Higher Elasticity of Substitution Increases Economic Resilience
This paper shows that, counter-intuitively, a higher elasticity of substitution in model production function can lead to reduced economic resilience and larger vulnerability to shocks in production factor prices. This result is due to the fact that assuming a higher elasticity of substitution requires a recalibration of the production function parameters to keep the model initial state unchanged. This result has consequences for economic analysis, e.g., on the economic vulnerability to climate change.Substitution, Calibration, Constant Elasticity of Substitution, Shock
Slicing, skinning, and grafting
We prove that a Bers slice is never algebraic, meaning that its Zariski
closure in the character variety has strictly larger dimension. A corollary is
that skinning maps are never constant.
The proof uses grafting and the theory of complex projective structures.Comment: 11 pages, 1 figure, to appear in American Journal of Mathematic
Do we need a zero pure time preference or the risk of climate catastrophes to justify a 2C global warming target ?
This paper confronts the wide political support for the 2C objective of global increase in temperature, reaffirmed in Copenhagen, with the consistent set of hypotheses on which it relies. It explains why neither an almost zero pure time preference nor concerns about catastrophic damages in case of uncontrolled global warming are prerequisites for policy decisions preserving the possibility of meeting a 2C target. It rests on an optimal stochastic control model balancing the costs and benefits of climate policies resolved sequentially in order to account for the arrival of new information (the RESPONSE model). This model describes the optimal abatement pathways for 2,304 worldviews, combining hypotheses about growth rates, baseline emissions, abatement costs, pure time preference, damages, and climate sensitivity. It shows that 26 percent of the worldviews selecting the 2C target are not characterized by one of the extreme assumptions about pure time preference or climate change damages.Climate Change Mitigation and Green House Gases,Climate Change Economics,Science of Climate Change,Global Environment Facility,Environment and Energy Efficiency
Compositional characterisation of the Themis family
Context. It has recently been proposed that the surface composition of icy
main-belt asteroids (B-,C-,Cb-,Cg-,P-,and D-types) may be consistent with that
of chondritic porous interplanetary dust particles (CPIDPs). Aims. In the light
of this new association, we re-examine the surface composition of a sample of
asteroids belonging to the Themis family in order to place new constraints on
the formation and evolution of its parent body. Methods. We acquired NIR
spectral data for 15 members of the Themis family and complemented this dataset
with existing spectra in the visible and mid-infrared ranges to perform a
thorough analysis of the composition of the family. Assuming end-member
minerals and particle sizes (<2\mum) similar to those found in CPIDPs, we used
a radiative transfer code adapted for light scattering by small particles to
model the spectral properties of these asteroids. Results. Our best-matching
models indicate that most objects in our sample possess a surface composition
that is consistent with the composition of CP IDPs.We find ultra-fine grained
Fe-bearing olivine glasses to be among the dominant constituents. We further
detect the presence of minor fractions of Mg-rich crystalline silicates. The
few unsuccessfully matched asteroids may indicate the presence of interlopers
in the family or objects sampling a distinct compositional layer of the parent
body. Conclusions. The composition inferred for the Themis family members
suggests that the parent body accreted from a mixture of ice and anhydrous
silicates (mainly amorphous) and subsequently underwent limited heating. By
comparison with existing thermal models that assume a 400km diameter
progenitor, the accretion process of the Themis parent body must have occurred
relatively late (>4Myr after CAIs) so that only moderate internal heating
occurred in its interior, preventing aqueous alteration of the outer shell.Comment: 9 pages, 5 figures, accepted for publication in A&
Mid-infrared light emission > 3 µm wavelength from tensile strained GeSn microdisks
GeSn alloys with Sn contents of 8.4 % and 10.7 % are grown pseudomorphically on Ge buffers on Si (001) substrates. The alloys as-grown are compressively strained, and therefore indirect bandgap. Undercut GeSn on Ge microdisk structures are fabricated and strained by silicon nitride stressor layers, which leads to tensile strain in the alloys, and direct bandgap photoluminescence in the 3–5 µm gas sensing window of the electromagnetic spectrum. The use of pseudomorphic layers and external stress mitigates the need for plastic deformation to obtain direct bandgap alloys. It is demonstrated, that the optically pumped light emission overlaps with the methane absorption lines, suggesting that GeSn alloys are well suited for mid-infrared integrated gas sensors on Si chips
Numerical Simulations of Dynamos Generated in Spherical Couette Flows
We numerically investigate the efficiency of a spherical Couette flow at
generating a self-sustained magnetic field. No dynamo action occurs for
axisymmetric flow while we always found a dynamo when non-axisymmetric
hydrodynamical instabilities are excited. Without rotation of the outer sphere,
typical critical magnetic Reynolds numbers are of the order of a few
thousands. They increase as the mechanical forcing imposed by the inner core on
the flow increases (Reynolds number ). Namely, no dynamo is found if the
magnetic Prandtl number is less than a critical value .
Oscillating quadrupolar dynamos are present in the vicinity of the dynamo
onset. Saturated magnetic fields obtained in supercritical regimes (either
or ) correspond to the equipartition between magnetic and
kinetic energies. A global rotation of the system (Ekman numbers ) yields to a slight decrease (factor 2) of the critical magnetic
Prandtl number, but we find a peculiar regime where dynamo action may be
obtained for relatively low magnetic Reynolds numbers (). In this
dynamical regime (Rossby number , spheres in opposite direction) at
a moderate Ekman number (), a enhanced shear layer around the inner
core might explain the decrease of the dynamo threshold. For lower
() this internal shear layer becomes unstable, leading to small
scales fluctuations, and the favorable dynamo regime is lost. We also model the
effect of ferromagnetic boundary conditions. Their presence have only a small
impact on the dynamo onset but clearly enhance the saturated magnetic field in
the ferromagnetic parts. Implications for experimental studies are discussed
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