67,179 research outputs found

    Regularities

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    The neoclassical q-theory is a good start to understand the cross section of returns. Under constant return to scale, stock returns equal levered investment returns that are tied directly with characteristics. This equation generates the relations of average returns with book-to-market, investment, and earnings surprises. We estimate the model by minimizing the differences between average stock returns and average levered investment returns via GMM. Our model captures well the average returns of portfolios sorted on capital investment and on size and book-to-market, including the small-stock value premium. Our model is also partially successful in capturing the post-earnings-announcement drift and its higher magnitude in small firms.

    Superconductivity and Phase Diagram in (Li0.8_{0.8}Fe0.2_{0.2})OHFeSe1x_{1-x}Sx_x

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    A series of (Li0.8_{0.8}Fe0.2_{0.2})OHFeSe1x_{1-x}Sx_x (0 \leq x \leq 1) samples were successfully synthesized via hydrothermal reaction method and the phase diagram is established. Magnetic susceptibility suggests that an antiferromagnetism arising from (Li0.8_{0.8}Fe0.2_{0.2})OH layers coexists with superconductivity, and the antiferromagnetic transition temperature nearly remains constant for various S doping levels. In addition, the lattice parameters of the both a and c axes decrease and the superconducting transition temperature Tc_c is gradually suppressed with the substitution of S for Se, and eventually superconductivity vanishes at xx = 0.90. The decrease of Tc_c could be attributed to the effect of chemical pressure induced by the smaller ionic size of S relative to that of Se, being consistent with the effect of hydrostatic pressure on (Li0.8_{0.8}Fe0.2_{0.2})OHFeSe. But the detailed investigation on the relationships between TcT_{\rm c} and the crystallographic facts suggests a very different dependence of TcT_{\rm c} on anion height from the Fe2 layer or ChCh-Fe2-ChCh angle from those in FeAs-based superconductors.Comment: 6 pages, 6 figure

    Erosion-induced massive organic carbon burial and carbon emission in the Yellow River basin, China

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    Soil erosion and terrestrial deposition of soil organic carbon (SOC) can potentially play a significant role in global carbon cycling. Assessing the redistribution of SOC during erosion and subsequent transport and burial is of critical importance. Using hydrological records of soil erosion and sediment load, and compiled organic carbon (OC) data, estimates of the eroded soils and OC induced by water in the Yellow River basin during the period 1950–2010 were assembled. The Yellow River basin has experienced intense soil erosion due to combined impact of natural process and human activity. Over the period, 134.2 ± 24.7 Gt of soils and 1.07 ± 0.15 Gt of OC have been eroded from hillslopes based on a soil erosion rate of 1.7–2.5 Gt yr<sup>−1</sup>. Approximately 63% of the eroded soils were deposited in the river system, while only 37% were discharged into the ocean. For the OC budget, approximately 0.53 ± 0.21 Gt (49.5%) was buried in the river system, 0.25 ± 0.14 Gt (23.5%) was delivered into the ocean, and the remaining 0.289 ± 0.294 Gt (27%) was decomposed during the erosion and transport processes. This validates the commonly held assumption that 20–40% of the eroded OC would be oxidized after erosion. Erosion-induced OC redistribution on the landscape likely represented a carbon source, although a large proportion of OC was buried. In addition, about half of the terrestrially redeposited OC (49.4%) was buried behind dams, revealing the importance of dam trapping in sequestering the eroded OC. Although several uncertainties need to be better constrained, the obtained budgetary results provide a means of assessing the redistribution of the eroded OC within the Yellow River basin. Human activities have significantly altered its redistribution pattern over the past decades

    Spin-dependent resonant tunneling through quantum-well states in magnetic metallic thin films

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    Quantum-well (QW) states in {\it nonmagnetic} metal layers contained in magnetic multilayers are known to be important in spin-dependent transport, but the role of QW states in {\it magnetic} layers remains elusive. Here we identify the conditions and mechanisms for resonant tunneling through QW states in magnetic layers and determine candidate structures. We report first-principles calculations of spin-dependent transport in epitaxial Fe/MgO/FeO/Fe/Cr and Co/MgO/Fe/Cr tunnel junctions. We demonstrate the formation of sharp QW states in the Fe layer and show discrete conductance jumps as the QW states enter the transport window with increasing bias. At resonance, the current increases by one to two orders of magnitude. The tunneling magnetoresistance ratio is several times larger than in simple spin tunnel junctions and is positive (negative) for majority- (minority-) spin resonances, with a large asymmetry between positive and negative biases. The results can serve as the basis for novel spintronic devices.Comment: 4 figures in 5 eps file

    Transmutation prospect of long-lived nuclear waste induced by high-charge electron beam from laser plasma accelerator

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    Photo-transmutation of long-lived nuclear waste induced by high-charge relativistic electron beam (e-beam) from laser plasma accelerator is demonstrated. Collimated relativistic e-beam with a high charge of approximately 100 nC is produced from high-intensity laser interaction with near-critical-density (NCD) plasma. Such e-beam impinges on a high-Z convertor and then radiates energetic bremsstrahlung photons with flux approaching 10^{11} per laser shot. Taking long-lived radionuclide ^{126}Sn as an example, the resulting transmutation reaction yield is the order of 10^{9} per laser shot, which is two orders of magnitude higher than obtained from previous studies. It is found that at lower densities, tightly focused laser irradiating relatively longer NCD plasmas can effectively enhance the transmutation efficiency. Furthermore, the photo-transmutation is generalized by considering mixed-nuclide waste samples, which suggests that the laser-accelerated high-charge e-beam could be an efficient tool to transmute long-lived nuclear waste.Comment: 13 pages, 8 figures, it has been submitted to Physics of Plasm

    Familial hypomagnesaemia, Hypercalciuria and Nephrocalcinosis associated with a novel mutation of the highly conserved leucine residue 116 of Claudin 16 in a Chinese patient with a delayed diagnosis: A case report

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    Background: Sixty mutations of claudin 16 coding gene have been reported in familial hypomagnesemia with hypercalciuria and nephrocalcinosis (FHHNC) patients. Recent investigations revealed that a highly conserved glycine-leucine-tryptophan (115G-L-W117) motif in the first extracellular segment (ESC1) of claudin 16 might be essential for stabilization of the appropriately folded ECS1 structure and conservation of normal claudin 16 function. However, neither missense nor nonsense mutation has ever been described in this motif. Our study aimed at identifying mutations in a Chinese patient with FHHNC and exploring the association between genotype and phenotype. Case presentation: A 33-year-old female presented with 4 years history of recurrent acute pyelonephritis without other notable past medical history. Her healthy parents, who aged 56 and 53 respectively, were second cousins, and her only sibling died from renal failure without definite cause at age 25. Renal ultrasound imaging demonstrated atrophic kidneys and bilateral nephrocalcinosis. The laboratory workup revealed impaired renal function (Stage CKD IV), hypocalcemia and mild hypomagnesemia, accompanied with marked renal loss of magnesium and hypercalciuria. During the follow-up, treatment with calcitriol and calcium but not with magnesium was difficult to achieve normal serum calcium levels, whereas her serum magnesium concentration fluctuated within normal ranges. In the end, the patient unavoidably reached ESRD at 36 years old. The clinical features and family history suggested the diagnosis of FHHNC. To make a definite diagnosis, we use whole-exome sequencing to identify the disease-causing mutations and Sanger sequencing to confirm the mutation co-segregation in the family. As a result, a novel homozygous mutation (c.346C > G, p.Leu116Val) in115G-L-W117motif of claudin 16 was identified. Her parents, grandmother and one of her cousins carried heterozygous p.Leu116Val, whereas 200 unrelated controls did not carry this mutation. Conclusions: We described a delayed diagnosis patient with FHHNC in the Chinese population and identified a novel missense mutation in the highly conserved115G-L-W117motif of claudin 16 for the first time. According to the reported data and the information deduced from 3D modeling, we speculate that this mutation probably reserve partial residual function which might be related to the slight phenotype of the patient
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