Empirical pricing kernels obtained from the UK index options market

Empirical pricing kernels for the UK equity market are derived as the ratio between risk-neutral densities, inferred from FTSE 100 index options, and historical real-world densities, estimated from time series of the index. The kernels thus obtained are almost compatible with a risk averse representative agent, unlike similar estimates for the US market

The optical/UV excess of isolated neutron stars in the RCS model

The X-ray dim isolated neutron stars (XDINSs) are peculiar pulsar-like objects, characterized by their very well Planck-like spectrum. In studying their spectral energy distributions, the optical/UV excess is a long standing problem. Recently, Kaplan et al. (2011) have measured the optical/UV excess for all seven sources, which is understandable in the resonant cyclotron scattering (RCS) model previously addressed. The RCS model calculations show that the RCS process can account for the observed optical/UV excess for most sources . The flat spectrum of RX J2143.0+0654 may due to contribution from bremsstrahlung emission of the electron system in addition to the RCS process.Comment: 6 pages, 2 figures, 1 table, accepted for publication in Research in Astronomy and Astrophysic

Why not Merge the International Monetary Fund (IMF) with the International Bank for Reconstruction and Development (World Bank)

Motivation: Cellular Electron CryoTomography (CECT) is an emerging 3D imaging technique that visualizes subcellular organization of single cells at sub-molecular resolution and in near-native state. CECT captures large numbers of macromolecular complexes of highly diverse structures and abundances. However, the structural complexity and imaging limits complicate the systematic de novo structural recovery and recognition of these macromolecular complexes. Efficient and accurate reference-free subtomogram averaging and classification represent the most critical tasks for such analysis. Existing subtomogram alignment based methods are prone to the missing wedge effects and low signal-to-noise ratio (SNR). Moreover, existing maximum-likelihood based methods rely on integration operations, which are in principle computationally infeasible for accurate calculation. Results: Built on existing works, we propose an integrated method, Fast Alignment Maximum Likelihood method (FAML), which uses fast subtomogram alignment to sample sub-optimal rigid transformations. The transformations are then used to approximate integrals for maximum-likelihood update of subtomogram averages through expectation-maximization algorithm. Our tests on simulated and experimental subtomograms showed that, compared to our previously developed fast alignment method (FA), FAML is significantly more robust to noise and missing wedge effects with moderate increases of computation cost. Besides, FAML performs well with significantly fewer input subtomograms when the FA method fails. Therefore, FAML can serve as a key component for improved construction of initial structuralmodels frommacromolecules captured by CECT

PPM1D phosphatase, a target of p53 and RBM38 RNA-binding protein, inhibits p53 mRNA translation via dephosphorylation of RBM38.

PPM1D phosphatase, also called wild-type p53-induced phosphatase 1, promotes tumor development by inactivating the p53 tumor suppressor pathway. RBM38 RNA-binding protein, also called RNPC1 and a target of p53, inhibits p53 messenger RNA (mRNA) translation, which can be reversed by GSK3 protein kinase via phosphorylation of RBM38 at serine 195. Here we showed that ectopic expression of RBM38 increases, whereas knockdown of RBM38 inhibits, PPM1D mRNA translation. Consistent with this, we found that RBM38 directly binds to PPM1D 3'-untranslated region (3'-UTR) and promotes expression of a heterologous reporter gene that carries PPM1D 3'-UTR in a dose-dependent manner. Interestingly, we showed that PPM1D directly interacts with and dephosphorylates RBM38 at serine 195. Furthermore, we showed that PPM1D modulates p53 mRNA translation and p53-dependent growth suppression through dephosphorylation of RBM38. These findings provide evidence that the crosstalk between PPM1D and RBM38, both of which are targets and modulators of p53, has a critical role in p53 expression and activity

The gravitational field of a global monopole

We present an exact solution to the non-linear equation which describes a global monopole in the flat space. We re-examine the metric and the geodesics outside the global monopole. We will see that a global monopole produces a repulsive gravitational field outside the core in addition to a solid angular deficit. The lensing property of the global monopole and the global monopole-antimonopole annihilation mechanism are studied.Comment: 8 pages, no figure

Toward an understanding of thermal X-ray emission of pulsars

We present a theoretical model for the thermal X-ray emission and cooling of isolated pulsars, assuming that pulsars are solid quark stars. We calculate the heat capacity for such a quark star, and the results show that the residual thermal energy cannot sustain the observed thermal X-ray luminosities seen in typical isolated X-ray pulsars. We conclude that other heating mechanisms must be in operation if the pulsars are in fact solid quark stars. Two possible heating mechanisms are explored. Firstly, for pulsars with little magnetospheric activities, accretion from the interstellar medium or from the material in the associated supernova remnants may power the observed thermal emission. In the propeller regime, a disk-accretion rate ${\dot M}\sim$1% of the Eddington rate with an accretion onto the stellar surface at a rate of $\sim 0.1$ could explain the observed emission luminosities of the dim isolated neutron stars and the central compact objects. Secondly, for pulsars with significant magnetospheric activities, the pulsar spindown luminosities may have been as the sources of the thermal energy via reversing plasma current flows. A phenomenological study between pulsar bolometric X-ray luminosities and the spin energy loss rates presents the probable existence of a 1/2-law or a linear law, i.e. $L_{\rm bol}^{\infty}\propto\dot{E}^{1/2}$ or $L_{\rm bol}^{\infty}\propto\dot{E}$. This result together with the thermal properties of solid quark stars allow us to calculate the thermal evolution of such stars. Thermal evolution curves, or cooling curves, are calculated and compared with the `temperature-age' data obtained from 17 active X-ray pulsars. It is shown that the bolometric X-ray observations of these sources are consistent with the solid quark star pulsar model.Comment: Astroparticle Physics Accepte

Stocking, Enhancement, and Mariculture of Penaeus orientalis and Other Species in Shanghai and Zhejiang Provinces, China

China's marine aquaculture landings provide only 18% of its combined freshwater and amrine capture and culture landings, at a per-capita consumption of only 3.2 kg/yr out of a total of 18.1 kg/yr. We described development and some of the results of long-term mariculture and stocking/enhancement projects that have been underway for up to 20 years in the Hangzhou Bay area. Penaeus orientalis (also referred to as P. chinensis) stocking provided up to 400 t/yr, at a total cost-benefit ratio of up to 8 Yuan of landed shrimp per Yuan invested in shrimp stocking. Over 40 t of Penaeus orientalis were produced commercially in 1993, with proceeds being used to fund mariculture and fisheries research. Large scale edible jellyfish restocking is also underway, while semicommercial culture of abalone, Haliotis diversicolor, has been successful. Technical problems limitig mariculture have been solved successfully for some species

Critical Current Density and Resistivity of MgB2 Films

The high resistivity of many bulk and film samples of MgB2 is most readily explained by the suggestion that only a fraction of the cross-sectional area of the samples is effectively carrying current. Hence the supercurrent (Jc) in such samples will be limited by the same area factor, arising for example from porosity or from insulating oxides present at the grain boundaries. We suggest that a correlation should exist, Jc ~ 1/{Rho(300K) - Rho(50K)}, where Rho(300K) - Rho(50K) is the change in the apparent resistivity from 300 K to 50 K. We report measurements of Rho(T) and Jc for a number of films made by hybrid physical-chemical vapor deposition which demonstrate this correlation, although the "reduced effective area" argument alone is not sufficient. We suggest that this argument can also apply to many polycrystalline bulk and wire samples of MgB2.Comment: 11 pages, 3 figure