New evidence on housing wealth and consumption channels

This paper provides new evidence on the effect of housing wealth on consumption by focusing on the impact of home-equity extraction. We develop a household consumption decision model to illustrate the differential effect of home-equity extraction, relative to net home equity, on consumption. The home-equity extraction channel is also shown to vary with household-level borrowing constraints. Based on U.S. household survey data and an instrumental-variables approach, our empirical results validate model predictions. We find that the marginal propensity to consume is two times higher for the home-equity extraction channel relative to the conventional housing wealth effect. The consumption effect of home-equity extraction is more than 2.5 times greater for liquidity-constrained households than for unconstrained households. These results are even more pronounced in the case of durable goods consumption for constrained borrowers

Thermal, electrical, and sensing properties of composite material from environmental and industrial wastage

This work is an endeavour to contemplate a valueadded conductive plastic composite material derived as recycled plastic depending on Polyethylene (PP)/carbon black. We choose to add Carbon black (CB) as a filler material in order to enhance the electrical conductivity as well as other properties associated with the composite. Solution mixing method was adopted to develop this composite where the consequences of CB loadings on various parameters like processability, morphology and thermal stability of the composites were examined. Electrical conductivity increased with the increasing amount of the CB loading. The clearly perceived better filler-matrix interaction and filler dispersion were observed in images obtained from Scanning Electron Microscope (SEM). These are the underlying reason behind the improved electrical, thermal, sensing and dielectric properties of the prepared plastic composite material

Thermal, Electrical, and Sensing Properties of Recycled HDPE/Carbonaceous Industrial Waste Composites

This work is an endeavor to contemplate a value-added conductive plastic composite material derived as recycled plastic depending on polyethylene (PE)/carbon black (CB). We choose to add CB as a filler material to enhance the electrical conductivity as well as other properties associated with the composite. The solution mixing method is adopted to develop this composite where the consequences of CB loadings on various parameters like processability, morphology, and thermal stability of the composites are examined. The perceived better filler–matrix interaction and filler dispersion observed in the scanning electron microscopy (SEM) is the underlying reason behind the improved properties. The thermal conductivity of high-density polyethylene (HDPE) with 90 wt% CB is 2.25 W mK−1. Electrical conductivity increases with the increasing amount of the CB loading. The electrical conductivity of 60 wt% CB is 1 × 10−5 S cm−1. Electrical, thermal, and dielectric studies of the prepared plastic composite material will be studied.This work was carried by the NPRP grant # NPRP11S?1221?170116 from the Qatar National Research Fund (a member of Qatar Foundation). The statements made herein are solely the responsibility of the authors.Scopu

Not Available

Three Ethyl methansulphonate (EMS)-induced stay-green mutants (SGM-1, SGM-2 and SGM-3) and their wild-type (WT), were tested for their Stay-Green (SG) and drought tolerance nature as the relation between these two attributes is not yet established in rice. In the dark induced senescence assay, SGM-3 showed delayed senescence while SGM-1 and SGM-2 showed complete lack of senescence. Mutants showed stable transcript abundance over time, for 15 candidate genes (CGs) associated with senescence, compared to the WT. SGM-3 however showed moderately increasing transcript abundance over time for ATG6a, ATG4a, NYC1, NOL and NYC3. Only SGM-3 performed better than the WT for yield and harvest index under well irrigated as well as drought conditions, though all the mutants showed better performance for other agronomic traits under both the conditions and ascorbate peroxidase activity under drought. Thus, SG trait showed positive correlation with drought tolerance though only SGM-3 could convert this into higher harvest index. Sequence analysis of 80 senescence-associated genes including the 15 CGs showed non-synonymous mutations in four and six genes in SGM-1 and SGM-2 respectively, while no SNPs were found in SGM-3. Analysis of the earlier reported Quantitative Trait Loci (QTL) regions in SGM-3 revealed negligible variations from WT, suggesting it to be a novel SG mutant.Not AvailableNot Availabl

Price jumps in developed stock markets : the role of monetary policy committee meetings

In this paper, we analyze the jump intensity in the Euro area, Japan, the UK and the US and measure their reactions to the US Federal Reserve meetings together with the country’s own monetary policy meetings. Evidence suggests that the jump intensity in all the markets is highly persistent. Further, the US monetary policy positively impacts the jump intensity in almost all the cases, including in the sub-sample periods found by the structural break test. Moreover, in assessing the joint effects on jump intensities, we find that the US policy dominates the monetary policy of the country itself

House Prices and Economic Growth

Economic growth, House prices, Wealth effect, Collateral effect, Common correlated effects estimators, Long horizon predictability, E23, E24, R11,