Exploring Household Saving and Consumption-Smoothing in the Philippines

This paper explores whether or not the saving behavior of Filipino households fits the life-cycle hypothesis. Using pseudo-panels, which are constructed from the public use data files of the Family Income and Expenditures Survey of 1988 to 2000, it shows that consumption rises with the age of the household head and that the consumption profile has been rising for younger cohorts. The regressions indicate that the cohort-independent age effects on consumption simply track those on income across all ages, suggesting that Filipino households do not behave as the life-cycle hypothesis prescribes, possibly because they are liquidity constrained or impatient.consumption smoothing, household savings, household consumption

Exploring Household Saving and Consumption-Smoothing in the Philippines

This paper explores whether or not the saving behavior of Filipino households fits the life-cycle hypothesis. Using pseudo-panels, which are constructed from the public use data files of the Family Income and Expenditures Survey of 1988 to 2000, it shows that consumption rises with the age of the household head and that the consumption profile has been rising for younger cohorts. The regressions indicate that the cohort-independent age effects on consumption simply track those on income across all ages, suggesting that Filipino households do not behave as the life-cycle hypothesis prescribes, possibly because they are liquidity constrained or impatient.consumption smoothing, household savings, household consumption

A common geometric data-base approach for computer-aided manufacturing of wind-tunnel models and theoretical aerodynamic analysis

A more automated process to produce wind tunnel models using existing facilities is discussed. A process was sought to more rapidly determine the aerodynamic characteristics of advanced aircraft configurations. Such aerodynamic characteristics are determined from theoretical analyses and wind tunnel tests of the configurations. Computers are used to perform the theoretical analyses, and a computer aided manufacturing system is used to fabricate the wind tunnel models. In the past a separate set of input data describing the aircraft geometry had to be generated for each process. This process establishes a common data base by enabling the computer aided manufacturing system to use, via a software interface, the geometric input data generated for the theoretical analysis. Thus, only one set of geometric data needs to be generated. Tests reveal that the process can reduce by several weeks the time needed to produce a wind tunnel model component. In addition, this process increases the similarity of the wind tunnel model to the mathematical model used by the theoretical aerodynamic analysis programs. Specifically, the wind tunnel model can be machined to within 0.008 in. of the original mathematical model. However, the software interface is highly complex and cumbersome to operate, making it unsuitable for routine use. The procurement of an independent computer aided design/computer aided manufacturing system with the capability to support both the theoretical analysis and the manufacturing tasks was recommended

The ambivalent shadow of the pre-Wilsonian rise of international law

The generation of American international lawyers who founded the American Society of International Law in 1906 and nurtured the soil for what has been retrospectively called a “moralistic legalistic approach to international relations” remains little studied. A survey of the rise of international legal literature in the U.S. from the mid-19th century to the eve of the Great War serves as a backdrop to the examination of the boosting effect on international law of the Spanish American War in 1898. An examination of the Insular Cases before the US Supreme Court is then accompanied by the analysis of a number of influential factors behind the pre-war rise of international law in the U.S. The work concludes with an examination of the rise of natural law doctrines in international law during the interwar period and the critiques addressed.by the realist founders of the field of “international relations” to the “moralistic legalistic approach to international relation

"Sub-Hertz" Dielectric Spectroscopy

Dielectric spectroscopy measurements below 1 Hz are often dominated by “conduction-like” effects. For this reason, they often appear to be dismissed as being of little interest. In this paper two “sub-hertz” responses are considered that give insights into the insulating sys-tems concerned. The first system is that of cross-linked polyethylene, taken from a power cable system. Measurements at temperatures between 60°C and close to melting at 100°C show a change in characteristic from a percolation process to a “true” DC conduction at close to the melting point. Using DC conductivities, it appears to be possible to show whether the cable has been subjected to thermo-electric ageing. This might give insights into where the conduction and hence the ageing in the XLPE is occurring. The second system is an epoxy composite. By considering the sub-hertz response, it is possible to demonstrate the effect of the interface between the filler and the epoxy matrix. In this system, ageing, resulting in delamination between the glass fiber filler and the epoxy, is clearly detected by sub-hertz dielectric spectroscopy. This process is likely to be facilitated by the presence of water, which is known to lead to mechanical failure in such systems, and which can also be detected by "sub-hertz" dielectric spectroscopy. The implications for nano-dielectrics are then briefly considered

On the gravitational field of static and stationary axial symmetric bodies with multi-polar structure

We give a physical interpretation to the multi-polar Erez-Rozen-Quevedo solution of the Einstein Equations in terms of bars. We find that each multi-pole correspond to the Newtonian potential of a bar with linear density proportional to a Legendre Polynomial. We use this fact to find an integral representation of the $\gamma$ function. These integral representations are used in the context of the inverse scattering method to find solutions associated to one or more rotating bodies each one with their own multi-polar structure.Comment: To be published in Classical and Quantum Gravit

Neutrino masses in the Lepton Number Violating MSSM

We consider the most general supersymmetric model with minimal particle content and an additional discrete Z_3 symmetry (instead of R-parity), which allows lepton number violating terms and results in non-zero Majorana neutrino masses. We investigate whether the currently measured values for lepton masses and mixing can be reproduced. We set up a framework in which Lagrangian parameters can be initialised without recourse to assumptions concerning trilinear or bilinear superpotential terms, CP-conservation or intergenerational mixing and analyse in detail the one loop corrections to the neutrino masses. We present scenarios in which the experimental data are reproduced and show the effect varying lepton number violating couplings has on the predicted atmospheric and solar mass^2 differences. We find that with bilinear lepton number violating couplings in the superpotential of the order 1 MeV the atmospheric mass scale can be reproduced. Certain trilinear superpotential couplings, usually, of the order of the electron Yukawa coupling can give rise to either atmospheric or solar mass scales and bilinear supersymmetry breaking terms of the order 0.1 GeV^2 can set the solar mass scale. Further details of our calculation, Lagrangian, Feynman rules and relevant generic loop diagrams, are presented in three Appendices.Comment: 48 pages, 7 figures, v2 references added, typos corrected, published versio

Hypervelocity particle capture: Some considerations regarding suitable target media

Hypervelocity particles colliding with passive capture media will be traversed by shock waves; depending on the stress amplitude, the particle may remain solid or it may melt or vaporize. Any capture mechanism considered for cosmic dust collection in low Earth-orbit must be designed such that sample alteration and hence loss of scientific information is minimized. Capture of pristine particles is fundamentally difficult, because the specific heat of melting and even vaporization is exceeded upon impact at typical, geocentric encounter velocities. From the results of calculated and observed melting behaviors it is concluded that shock stresses in excess of 50 GPA should be avoided during hypervelocity particle capture on board Space Station and that stresses 20 GPa, even at 15 km/s collision velocities, should constitute desirable instrument design goals. Some principal characteristics of the capture medium that may satisfy these requirements are identified

Primordial Entropy Production and Lambda-driven Inflation from Quantum Einstein Gravity

We review recent work on renormalization group (RG) improved cosmologies based upon a RG trajectory of Quantum Einstein Gravity (QEG) with realistic parameter values. In particular we argue that QEG effects can account for the entire entropy of the present Universe in the massless sector and give rise to a phase of inflationary expansion. This phase is a pure quantum effect and requires no classical inflaton field.Comment: 12 pages, 4 figures, IGCG-07 Pun