Does Stock Market Liberalisation Benefit The Economy? Evidence From Industry-Level Data

The paper examines the impact of stock market liberalisation on four industry-level economic variables, i) growth in real value added, ii) growth in real wages per worker, iii) growth in the number of employees and iv) growth in the number of firms using data on 18 developing countries for the period between 1981 - 2000. Genetic programming methodology is used to determine the liberalisation dates. Results from difference-in-differences regression indicate that stock market liberalisation has minimal impact on the growth of real value added. On the other hand, growth rates of real wages per worker, number of employees and number of firms are significantly higher for most countries after stock market liberalisation.stock market liberalisation, genetic programming, difference- indifferences regression

GO-WORDS: An Entropic Approach to Semantic Decomposition of Gene Ontology Terms

The Gene Ontology (GO) has a large and growing number of terms that constitute its vocabulary. An entropy-based approach is presented to automate the characterization of the compositional semantics of GO terms. The motivation is to extend the machine-readability of GO and to offer insights for the continued maintenance and growth of GO. A proto-type implementation illustrates the benefits of the approach

Comments on the Moduli Dynamics of 1/4 BPS Dyons

We rederive the nonrelativistic Lagrangian for the low energy dynamics of 1/4 BPS dyons by considering the time dependent fluctuations around classical 1/4 BPS configurations. The relevant fluctuations are the zero modes of the underlying 1/2 BPS monopoles.Comment: 5 page

Compensation of thermal nonlinearity effect in optical resonators

Thermal nonlinearity is known to cause bistability in Whispering Gallery Mode (WGM) resonators and to destabilize the red slope of the Lorentzian resonant curve. We demonstrate an optical technique that allows compensation of the thermal effect and forces the resonances to appear linear with both red and blue slopes stable

A Note on 1/4-BPS States

We study classical solutions of N=4 super Yang-Mills theories that are invariant under 1/4 of the supersymmetry generators. Expressions for the mass and electric charge of the configurations are derived as functions on the monopole moduli space. These functions also provide a method of determining the number of normalisable bosonic zero modes.Comment: 10 pages, LaTe