Political institutions and debt crises

This paper shows that political institutions matter in explaining defaults on external and domestic debt obligations. We explore a large number of political and macroeconomic variables using a non-parametric technique to predict safety from default. The advantage of this technique is that it is able to identify patterns in the data that are not captured in standard probit analysis. We find that political factors matter, and do so in different ways for democratic and non-democratic regimes, and for domestic and external debt. In democracies, a parliamentary system or sufficient checks and balances almost guarantee the absence of default on external debt when economic fundamentals or liquidity are sufficiently strong. In dictatorships, high stability and tenure play a similar role for default on domestic debt

Case Study: Using The OMG SWRADIO Profile and SDR Forum Input for NASA's Space Telecommunications Radio System

The Space Telecommunication Radio System (STRS) standard is a Software Defined Radio (SDR) architecture standard developed by NASA. The goal of STRS is to reduce NASA s dependence on custom, proprietary architectures with unique and varying interfaces and hardware and support reuse of waveforms across platforms. The STRS project worked with members of the Object Management Group (OMG), Software Defined Radio Forum, and industry partners to leverage existing standards and knowledge. This collaboration included investigating the use of the OMG s Platform-Independent Model (PIM) SWRadio as the basis for an STRS PIM. This paper details the influence of the OMG technologies on the STRS update effort, findings in the STRS/SWRadio mapping, and provides a summary of the SDR Forum recommendations

Capacity Value of Solar Power: Report of the IEEE PES Task Force on Capacity Value of Solar Power

This paper reviews methods used for adequacy risk assessment considering solar power, and for assessment of the capacity value of solar power. The properties of solar power are described as seen from the perspective of the balancing authority, comparing differences in energy availability and capacity factors with those of wind. Methodology for risk calculations considering variable generation (VG) are then surveyed, including the probability background, statistical estimation approaches, and capacity value metrics. Issues in incorporating VG in capacity markets are described, followed by a review of applied studies considering solar power. Finally, recommendations for further research will be presented

Long term stable integration of a maximally sliced Schwarzschild black hole using a smooth lattice method

We will present results of a numerical integration of a maximally sliced Schwarzschild black hole using a smooth lattice method. The results show no signs of any instability forming during the evolutions to t=1000m. The principle features of our method are i) the use of a lattice to record the geometry, ii) the use of local Riemann normal coordinates to apply the 1+1 ADM equations to the lattice and iii) the use of the Bianchi identities to assist in the computation of the curvatures. No other special techniques are used. The evolution is unconstrained and the ADM equations are used in their standard form.Comment: 47 pages including 26 figures, plain TeX, also available at http://www.maths.monash.edu.au/~leo/preprint

An Application of Physical Flexibility and Software Reconfigurability for the Automation of Battery Module Assembly

Batteries are a strategic technology to decarbonize conventional automotive powertrains and enable energy policy turnaround from fossil fuels to renewable energy. The demand for battery packs is rising, but they remain unable to compete with conventional technologies, primarily due to higher costs. Major sources of cost remain in manufacturing and assembly. These costs can be attributed to a need for high product quality, material handling complexity, uncertain and fluctuating production volumes, and an unpredictable breadth of product variants. This research paper applies the paradigms of flexibility from a mechanical engineering perspective, and reconfigurability from a software perspective to form a holistic, integrated manufacturing solution to better realize product variants. This allows manufacturers to de-risk investment as there is increased confidence that a facility can meet new requirements with reduced effort, and also shows how part of the vision of Industry 4.0 associated with the integration and exploitation of data can be fulfilled. A functional decomposition of battery packs is used to develop a foundational understanding of how changes in customer requirements can result in physical product changes. A Product, Process, and Resource (PPR) methodology is employed to link physical product characteristics to physical and logical characteristics of resources. This mapping is leveraged to enable the design of a gripper with focused flexibility by the Institute for Machine Tools and Industrial Management (iwb) at the Technical University of Munich, as it is acknowledged that mechanical changes are challenging to realize within industrial manufacturing facilities. Reconfigurability is realised through exploitation of data integration across the PPR domains, through the extension of the capabilities of a non-commercial virtual engineering toolset developed by the Automation Systems Group at the University of Warwick. The work shows an “end-to-end” approach that practically demonstrates the application of the flexibility and reconfigurability paradigms within an industrial engineering context

Space Telecommunications Radio System (STRS) Architecture, Tutorial Part 1 - Overview

Space Telecommunications Radio System (STRS) Architecture Standard provides a NASA standard forsoftware-defined radio. The STRS architecture has been demonstrated in the Space Communications and Navigation(SCaN) Testbed on the International Space Station as well as associated ground station radios. The STRS ArchitectureTutorial Overview presents a general introduction to the STRS architecture standard developed at the NASA GlennResearch Center (GRC), describes some of the main elements for STRS compliance, and addresses some frequentlyasked questions.. The STRS architecture should be used as a base for many of NASA s future telecommunicationstechnologies. The presentation will provide a basic understanding of STRS