Politics, Inflation, and the Mundell-Tobin Effect

This paper addresses the possibility of a correlation between inflation and investment for countries with inflation below 20%. The existing literature typically finds no correlation below this level of inflation. By instrumenting with an extensive set of political stability and regime variables I have shown that within a lower range of inflation rates, between 5% and 9%, this correlation is positive, highly significant, and shows no signs of reverse causality.Politics, Inflation, Investment, Mundell, Tobin

Geometry definition and grid generation for a complete fighter aircraft

Recent advances in computing power and numerical solution procedures have enabled computational fluid dynamicists to attempt increasingly difficult problems. In particular, efforts are focusing on computations of complex three-dimensional flow fields about realistic aerodynamic bodies. To perform such computations, a very accurate and detailed description of the surface geometry must be provided, and a three-dimensional grid must be generated in the space around the body. The geometry must be supplied in a format compatible with the grid generation requirements, and must be verified to be free of inconsistencies. This paper presents a procedure for performing the geometry definition of a fighter aircraft that makes use of a commercial computer-aided design/computer-aided manufacturing system. Furthermore, visual representations of the geometry are generated using a computer graphics system for verification of the body definition. Finally, the three-dimensional grids for fighter-like aircraft are generated by means of an efficient new parabolic grid generation method. This method exhibits good control of grid quality

The evolution of space simulation

Thirty years have passed since the first large (more than 15 ft diameter) thermal vacuum space simulation chambers were built in this country. Many changes have been made since then, and the industry has learned a great deal as the designs have evolved in that time. I was fortunate to have been part of that beginning, and have participated in many of the changes that have occurred since. While talking with vacuum friends recently, I realized that many of the engineers working in the industry today may not be aware of the evolution of space simulation because they did not experience the changes that brought us today's technology. With that in mind, it seems to be appropriate to take a moment and review some of the events that were a big part of the past thirty years in the thermal vacuum business. Perhaps this review will help to understand a little of the 'why' as well as the 'how' of building and operating large thermal vacuum chambers

Mechanism for the failure of the Edwards hypothesis in the SK spin glass

The dynamics of the SK model at T=0 starting from random spin configurations is considered. The metastable states reached by such dynamics are atypical of such states as a whole, in that the probability density of site energies, $p(\lambda)$, is small at $\lambda=0$. Since virtually all metastable states have a much larger $p(0)$, this behavior demonstrates a qualitative failure of the Edwards hypothesis. We look for its origins by modelling the changes in the site energies during the dynamics as a Markov process. We show how the small $p(0)$ arises from features of the Markov process that have a clear physical basis in the spin-glass, and hence explain the failure of the Edwards hypothesis.Comment: 5 pages, new title, modified text, additional reference