51 research outputs found
Securitization and financialization
Securitization and financialization are the main causes of the financial crisis. These two concepts explain not only Minsky’s financial instability hypothesis but also the off-balance-sheet operations represented by erivative
products, which are closely related to mortgage loans. Financial intermediaries in need of liquidity did everything in their power so that the securitization of assets could have a life of its own in financial operations. This is a process that is endogenous to the development of financialization. Because said process
was a violation of the monetary economy, it was necessary for central banks to intervene as “lenders of last resort” as well as to nationalize and restructure all the financial intermediaries
Sensitivity Studies for Third-Generation Gravitational Wave Observatories
Advanced gravitational wave detectors, currently under construction, are
expected to directly observe gravitational wave signals of astrophysical
origin. The Einstein Telescope, a third-generation gravitational wave detector,
has been proposed in order to fully open up the emerging field of gravitational
wave astronomy. In this article we describe sensitivity models for the Einstein
Telescope and investigate potential limits imposed by fundamental noise
sources. A special focus is set on evaluating the frequency band below 10Hz
where a complex mixture of seismic, gravity gradient, suspension thermal and
radiation pressure noise dominates. We develop the most accurate sensitivity
model, referred to as ET-D, for a third-generation detector so far, including
the most relevant fundamental noise contributions.Comment: 13 pages, 7 picture
Scientific Potential of Einstein Telescope
Einstein gravitational-wave Telescope (ET) is a design study funded by the
European Commission to explore the technological challenges of and scientific
benefits from building a third generation gravitational wave detector. The
three-year study, which concluded earlier this year, has formulated the
conceptual design of an observatory that can support the implementation of new
technology for the next two to three decades. The goal of this talk is to
introduce the audience to the overall aims and objectives of the project and to
enumerate ET's potential to influence our understanding of fundamental physics,
astrophysics and cosmology.Comment: Conforms to conference proceedings, several author names correcte
Scientific Objectives of Einstein Telescope
The advanced interferometer network will herald a new era in observational
astronomy. There is a very strong science case to go beyond the advanced
detector network and build detectors that operate in a frequency range from 1
Hz-10 kHz, with sensitivity a factor ten better in amplitude. Such detectors
will be able to probe a range of topics in nuclear physics, astronomy,
cosmology and fundamental physics, providing insights into many unsolved
problems in these areas.Comment: 18 pages, 4 figures, Plenary talk given at Amaldi Meeting, July 201
Connecting Social Provisioning and Functional Finance in a Post-Keynesian Institutional Analysis of the Public Sector
The third generation of gravitational wave observatories and their science reach
Large gravitational wave interferometric detectors, like Virgo and LIGO, demonstrated the capability to reach their design sensitivity, but to transform these machines into an effective observational instrument for gravitational wave astronomy a large improvement in sensitivity is required. Advanced detectors in the near future and third-generation observatories in more than one decade will open the possibility to perform gravitational wave astronomical observations from the Earth. An overview of the possible science reaches and the technological progress needed to realize a third-generation observatory are discussed in this paper. The status of the project Einstein Telescope (ET), a design study of a third-generation gravitational wave observatory, will be reported
PPP Financing in the Road Sector: A Disequilibrium Analysis Based on the Monetary Circuit
Public private partnerships, Monetary circuit, Roads, D60, E600, L920,
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