9,282 research outputs found

    Firm Investment and Monetary Policy Transmission in the Euro Area.

    Get PDF
    We present a comparable set of results on the monetary transmission channels on firm investment for the four largest euro-area countries (Germany, France, Italy and Spain). With particularly rich micro datasets for each country containing over 215,000 observations from 1985 to 1999, we ex-plore what can be learned about the interest channel and the broad credit channel. For each of those countries, we estimate neo-classical investment relationships, explaining investment by its user cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This implies an operative interest channel in these euro-area countries. We also find in-vestment in all countries to be quite sensitive to cash flow movements. However, only in Italy do smaller firms react more to cash flow movements than large firms, implying that a broad credit channel might not be equally pervasive in all countries.Investment, Monetary transmission channels, User cost of capital.

    Deterministic delivery of remote entanglement on a quantum network

    Full text link
    Large-scale quantum networks promise to enable secure communication, distributed quantum computing, enhanced sensing and fundamental tests of quantum mechanics through the distribution of entanglement across nodes. Moving beyond current two-node networks requires the rate of entanglement generation between nodes to exceed their decoherence rates. Beyond this critical threshold, intrinsically probabilistic entangling protocols can be subsumed into a powerful building block that deterministically provides remote entangled links at pre-specified times. Here we surpass this threshold using diamond spin qubit nodes separated by 2 metres. We realise a fully heralded single-photon entanglement protocol that achieves entangling rates up to 39 Hz, three orders of magnitude higher than previously demonstrated two-photon protocols on this platform. At the same time, we suppress the decoherence rate of remote entangled states to 5 Hz by dynamical decoupling. By combining these results with efficient charge-state control and mitigation of spectral diffusion, we are able to deterministically deliver a fresh remote state with average entanglement fidelity exceeding 0.5 at every clock cycle of ∌\sim100 ms without any pre- or post-selection. These results demonstrate a key building block for extended quantum networks and open the door to entanglement distribution across multiple remote nodes.Comment: v2 - updated to include relevant citatio

    Web-based communication tools in a European research project: the example of the TRACE project

    Get PDF
    The multi-disciplinary and international nature of large European projects requires powerful managerial and communicative tools to ensure the transmission of information to the end-users. One such project is TRACE entitled “Tracing Food Commodities in Europe”. One of its objectives is to provide a communication system dedicated to be the central source of information on food authenticity and traceability in Europe. This paper explores the web tools used and communication vehicles offered to scientists involved in the TRACE project to communicate internally as well as to the public. Two main tools have been built: an Intranet and a public website. The TRACE website can be accessed at http://www.trace.eu.org. A particular emphasis was placed on the efficiency, the relevance and the accessibility of the information, the publicity of the website as well as the use of the collaborative utilities. The rationale of web space design as well as integration of proprietary software solutions are presented. Perspectives on the using of web tools in the research projects are discussed

    Institutions, Resources and Innovation in Developng Countries:A Firm Level Approach

    Get PDF
    This study examines how firm-level resources interact with regional institutional quality to explain innovation in developing countries. We hypothesize that the institutional environment within which the firm operates moderates the effect of firm-level resources on innovative output. We examine the moderating role of institutions with regards to the transformation of firm-level resources including internal research and development, employee level of education and quality certification into innovative output using firm-level data from the World Bank Enterprise Survey and the Innovation Follow-up Survey that includes the innovation module for the years 2010 through 2012. We test our hypotheses using a multilevel logistic model. We find that the effects of firm-level resources vary depending on the institutional environment and that regional institutional quality positively moderates the effects of the firm-level resources. The positive effects of internal research and development on innovative output are substantially reinforced by regional institutional quality

    Twenty Years of Timing SS433

    Get PDF
    We present observations of the optical ``moving lines'' in spectra of the Galactic relativistic jet source SS433 spread over a twenty year baseline from 1979 to 1999. The red/blue-shifts of the lines reveal the apparent precession of the jet axis in SS433, and we present a new determination of the precession parameters based on these data. We investigate the amplitude and nature of time- and phase-dependent deviations from the kinematic model for the jet precession, including an upper limit on any precessional period derivative of P˙<5×10−5\dot P < 5 \times 10^{-5}. We also dicuss the implications of these results for the origins of the relativistic jets in SS433.Comment: 21 pages, including 9 figures. To appear in the Astrophysical Journa

    The properties of the gamma-ray blazars in the CJ-F VLBI sample

    Get PDF
    We present first results from the analysis of multi-epoch VLBI observations of the EGRET detected sources [9] in the CJ-F sample (Caltech Jodrell-Flat-spectrum, [10]). These objects form a subsample of 14 sources within the 293 AGN of the full CJ-F sample. 5 GHz VLBI snapshot observations of the CJ-F sources are continuously being performed in order to create a valid database for thorough statistical tests of pc-scale jet motion in AGN. All gamma-bright CJ-F AGN have been observed at least twice with the VLBA, which enables us to investigate jet component motions and paths. In particular, we concentrate on the analysis of those properties supposed to be essential for gamma-ray production, i.e., superluminal motion and bending. A paper discussing the possible relation between morphological changes and gamma-ray flaring/production is in preparation

    Treatment of gastrointestinal hemorrhage

    Get PDF
    Background: We assessed the value of selective arteriography in the diagnosis and management of acute gastrointestinal hemorrhage. Methods: We reviewed the records of 107 consecutive patients who had gastrointestinal hemorrhage and underwent selective arteriography between January 1992 and October 2003: 10 had upper gastrointestinal bleeding, 79 had lower gastrointestinal bleeding, and 18 had varicose bleeding with portal hypertension. Selective embolization was attempted in 15 patients to obtain hemostasis. Angiographic findings were reviewed and prospective reports were compared with the final diagnosis and outcome. Results: Of 129 angiographic studies, 36 correctly revealed the bleeding site and 93 were negative. Extravasation was seen in 24 cases at the level of stomach (n = 2), duodenum (n = 1), small bowel (n = 5), or colon (n = 16). Indirect signs of bleeding sources were identified in 12 patients (stomach in one, small bowel in four, large bowel in four, liver in three). Transcatheter embolization induced definitive hemostasis in 11 of 15 patients (73%), namely in the stomach (n = 2), small bowel (n = 3), colon (n = 7), and liver (n = 3). Three patients required surgery after embolization. Conclusion: Abdominal arteriography may localize gastrointestinal bleeding sources in approximately one-third of cases. Selective embolization may provide definitive hemostasis in most instance

    Conchological and molecular analysis of the "non-scaly" Bornean <i>Georissa</i> with descriptions of three new species (Gastropoda, Neritimorpha, Hydrocenidae)

    Get PDF
    The Bornean representatives of the genus Georissa (Hydrocenidae) have small, dextral, conical, calcareous shells consisting of ca. three teleoconch whorls. Our recent study on the Georissa of Malaysian Borneo has revealed high intra- and inter-specific variation in the "scaly" group (a group of species with striking scale-like surface sculpture). The present study on the "non-scaly" Georissa is the continuation of the species revision for the genus. The "non-scaly" species are also diverse in shell sculptures. This informal group comprises Georissa with subtle spiral and/or radial sculpture. The combination of detailed conchological usessment and molecular analyses provides clear distinctions for each of the species. Conchological, molecular, and biogeographic details are presented for 16 species of "non-scaly" Georissa. Three of these are new to science, namely Georissa corrugata sp. n., Georissa insulae sp. n., and Georissa trusmadi sp. n.</p
    • 

    corecore