Hot dry rock(HDR)is rich in reserve,widely distributed,green,low-carbon,and has broad development potential and prospects.In this paper,a distributionally robust optimization(DRO)scheduling model for a regionally inte...Hot dry rock(HDR)is rich in reserve,widely distributed,green,low-carbon,and has broad development potential and prospects.In this paper,a distributionally robust optimization(DRO)scheduling model for a regionally integrated energy system(RIES)considering HDR co-generation is proposed.First,the HDR-enhanced geothermal system(HDR-EGS)is introduced into the RIES.HDR-EGS realizes the thermoelectric decoupling of combined heat and power(CHP)through coordinated operation with the regional power grid and the regional heat grid,which enhances the system wind power(WP)feed-in space.Secondly,peak-hour loads are shifted using price demand response guidance in the context of time-of-day pricing.Finally,the optimization objective is established to minimize the total cost in the RIES scheduling cycle and construct a DRO scheduling model for RIES with HDR-EGS.By simulating a real small-scale RIES,the results show that HDR-EGS can effectively promote WP consumption and reduce the operating cost of the system.展开更多
Introduction: the problem of Severe Acute Malnutrition (SAM) and its consequences concern and challenge all social actors worldwide. The objective of the study was to identify the real obstacles that actors face in th...Introduction: the problem of Severe Acute Malnutrition (SAM) and its consequences concern and challenge all social actors worldwide. The objective of the study was to identify the real obstacles that actors face in the integrated management of children aged 6 - 59 months suffering from SAM at the University Hospital of Mother and Child (CHUME) and the Chad-China Friendship Hospital (HATC) of N’Djamena. Methodology: this is a cross-sectional descriptive and interpretative study conducted from January to October 2023 at the CHUME and HATC of N’Djamena. It is based on questionnaires and direct observation of two hundred and thirty-six (236) parents or guardians of malnourished children admitted to these health facilities. All 236 agreed to participate freely in this study. Results: it appears from this study that the obstacles to the integrated management of malnourished children were: poor care-care relationship (26.7%) permanent product breaks (22.9%), the direct costs of services ranged from 30,000 to 60,000 FCFA (41.53%), drugs used for the treatment of patients came from the street (66.10%), malaria and anemia occupy an important place (27.5%), 57.2% respondents had monthly income below 60,000 CFAF. Conclusion: the present study carried out has identified the real bottlenecks to the integrated management of children suffering from SAM in the therapeutic nutritional units of the city of N’Djamena. .展开更多
In many application scenarios,silicon(Si)photonics favors the integration of Ⅲ-Ⅴ gain material onto Si substrate to real-ize the on-chip light source.In addition to the current popular integration approaches of Ⅲ-...In many application scenarios,silicon(Si)photonics favors the integration of Ⅲ-Ⅴ gain material onto Si substrate to real-ize the on-chip light source.In addition to the current popular integration approaches of Ⅲ-Ⅴ-on-Si wafer bonding or dir-ect heteroepitaxial growth,a newly emerged promising solution of epitaxial regrowth on bonded substrate has attracted a lot of interests.High-quality Ⅲ-Ⅴ material realization and successful laser demonstrations show its great potential to be a promising integration platform for low-cost,high-integration density and highly scalable active-passive photonic integra-tion on Si.This paper reviews recent research work on this regrowth on bonded template platform including template de-velopments,regrown material characterizations and laser demonstrations.The potential advantages,opportunities and challenges of this approach are discussed.展开更多
In this paper, the design and verification process of an automobile-engine-fan control system on chip (SoC) are introduced. The SoC system, SHU-MV08, reuses four new intellectual property (IP) cores and the design...In this paper, the design and verification process of an automobile-engine-fan control system on chip (SoC) are introduced. The SoC system, SHU-MV08, reuses four new intellectual property (IP) cores and the design flow is accomplished with 0.35 btm chartered CMOS technology. Some special functions of IP cores, the detailed integration scheme of four IP cores, and the verification method of the entire SoC are presented. To settle the verification problems brought by analog IP cores, NanoSim based chip-level mixed-signal verification method is introduced. The verification time is greatly reduced and the first tape-out achieves success which proves the validity of our design.展开更多
With the development of renewable energy technologies such as photovoltaics and wind power,it has become a research hotspot to improve the consumption rate of new energy and reduce energy costs through the deployment ...With the development of renewable energy technologies such as photovoltaics and wind power,it has become a research hotspot to improve the consumption rate of new energy and reduce energy costs through the deployment of energy storage.To solve the problem of the interests of different subjects in the operation of the energy storage power stations(ESS)and the integrated energy multi-microgrid alliance(IEMA),this paper proposes the optimization operation method of the energy storage power station and the IEMA based on the Stackelberg game.In the upper layer,ESS optimizes charging and discharging decisions through a dynamic pricing mechanism.In the lower layer,IEMA optimizes the output of various energy conversion coupled devices within the IEMA,as well as energy interaction and demand response(DR),based on the energy interaction prices provided by ESS.The results demonstrate that the optimization strategy proposed in this paper not only effectively balances the benefits of the IEMA and ESS but also enhances energy consumption rates and reduces IEMA energy costs.展开更多
建立了一种基于多能潮流-碳流耦合及碳-电市场协同的综合能源园区(PIES)两阶段低碳优化调度模型。研究了基于统一能源母线结构的综合能源型园区(park-level integrated energy system,PIES)多能流虚拟碳流传输机理,引入能源母线“碳流...建立了一种基于多能潮流-碳流耦合及碳-电市场协同的综合能源园区(PIES)两阶段低碳优化调度模型。研究了基于统一能源母线结构的综合能源型园区(park-level integrated energy system,PIES)多能流虚拟碳流传输机理,引入能源母线“碳流密度”的概念和储能调度周期内碳排放守恒原则,设计并构建了PIES的多能供应、耦合及消费等环节碳排放核算系统;利用区域电网的碳流密度对园区碳排放进行精确核算,并以PIES经济调度为一阶段优化模型;构建以阶梯型分时碳价为信号的需求响应低碳优化调度为二阶段优化模型,利用用户减碳意愿及自身负荷侧调节能力降低总碳排放量;在一个典型PIES中进行了算例分析。结果表明,所提优化模型能根据区域电网的碳流密度趋势做出及时响应,并利用PIES多能互补及用户侧需求响应的灵活性最小化碳排放,实现深度减排的目标。展开更多
The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fu...The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.展开更多
An algorithm for integrating the constitutive equations in thermal framework is presented, in which the plastic deformation gradient is chosen as the integration variable. Compared with the classic algorithm, a key fe...An algorithm for integrating the constitutive equations in thermal framework is presented, in which the plastic deformation gradient is chosen as the integration variable. Compared with the classic algorithm, a key feature of this new approach is that it can describe the finite deformation of crystals under thermal conditions. The obtained plastic deformation gradient contains not only plastic defor- mation but also thermal effects. The governing equation for the plastic deformation gradient is obtained based on ther- mal multiplicative decomposition of the total deformation gradient. An implicit method is used to integrate this evo- lution equation to ensure stability. Single crystal 1 100 aluminum is investigated to demonstrate practical applications of the model. The effects of anisotropic properties, time step, strain rate and temperature are calculated using this integration model.展开更多
针对碳流视角下综合能源系统(integrated energy system,IES)低碳化调度潜能挖掘不充分和用能侧碳排放责任承担不足的问题,提出了计及自适应阶梯碳势-碳价与供需双响应基于主从博弈的IES低碳经济调度策略。首先,设计自适应阶梯碳势-碳...针对碳流视角下综合能源系统(integrated energy system,IES)低碳化调度潜能挖掘不充分和用能侧碳排放责任承担不足的问题,提出了计及自适应阶梯碳势-碳价与供需双响应基于主从博弈的IES低碳经济调度策略。首先,设计自适应阶梯碳势-碳价模型,并构建基于能量枢纽矩阵标准化模型的IES碳流模型,获取用户侧各能源负荷节点碳势,进而完成碳势分级下碳价区间的划分;其次,兼顾源荷两侧的灵活调整及响应机制,建立用户侧参与的IES主从博弈低碳经济调度模型,上层IES运营商通过制定动态变化的负荷节点碳势-碳价,引导下层用户聚合商低碳化用能;最后,提出改进霜冰优化算法(improved rime optimization algorithm,IRIME),利用其独特阶梯式逐步搜索策略与主从博弈迭代过程相贴合的特性,并改进权重系数设计与选择策略,实现主从博弈模型的高精度、快速求解。仿真结果表明:所提自适应阶梯碳势-碳价模型提升了用户侧的碳势感知能力,与阶梯型碳排放固定碳价模型相比可进一步降低4.76%的碳排放量,结合供需双响应机制可提高1.13%的IES运营商收益和降低0.81%的用户聚合商成本;IRIME提升了模型求解的快速性,同时改善了主体间博弈结果的均衡性;所提调度策略实现了碳排放责任的流动转移与两主体间的协同低碳经济运行。展开更多
针对区域综合能源系统(regional integrated e ner gy system,RIES)源荷主体互动少、碳排放强度高、风光消纳能力低以及整体运行效益差等问题,文中提出计及电-气-热价格需求响应的RIES经济低碳运行优化方法。利用电能、天然气、热能共...针对区域综合能源系统(regional integrated e ner gy system,RIES)源荷主体互动少、碳排放强度高、风光消纳能力低以及整体运行效益差等问题,文中提出计及电-气-热价格需求响应的RIES经济低碳运行优化方法。利用电能、天然气、热能共有的商品属性以及多元柔性负荷的可调度价值,建立电-气-热价格需求响应模型,有效增强了价格信号对负荷参与需求响应的激励效应;为充分挖掘系统的低碳潜力,引入阶梯型碳交易,完善实际碳排放模型;以系统运行成本最小为优化目标,研究不同运行方式对系统经济性和低碳性的影响。案例分析结果表明,所构建的运行优化模型采用价格需求响应和阶梯型碳交易协同优化方式,在实现负荷削峰填谷的同时可以兼顾系统运行的经济低碳性与风光消纳能力。展开更多
This paper studies the critical exercise price of American floating strike lookback options under the mixed jump-diffusion model. By using It formula and Wick-It-Skorohod integral, a new market pricing model estab...This paper studies the critical exercise price of American floating strike lookback options under the mixed jump-diffusion model. By using It formula and Wick-It-Skorohod integral, a new market pricing model established under the environment of mixed jumpdiffusion fractional Brownian motion. The fundamental solutions of stochastic parabolic partial differential equations are estimated under the condition of Merton assumptions. The explicit integral representation of early exercise premium and the critical exercise price are also given, then the American floating strike lookback options factorization formula is obtained, the results is generalized the classical Black-Scholes market pricing model.展开更多
This paper has two aims. The first one is to investigate the existence of chaotic structures in the oil prices, expectations of investors and stock returns by combining the Lyapunov exponent and Kolmogorov entropy, an...This paper has two aims. The first one is to investigate the existence of chaotic structures in the oil prices, expectations of investors and stock returns by combining the Lyapunov exponent and Kolmogorov entropy, and the second one is to analyze the dependence behavior of oil prices, expectations of investors and stock returns from January 02, 1990, to June06, 2017. Lyapunov exponents and Kolmogorov entropy determined that the oil price and the stock return series exhibited chaotic behavior. TAR-TR-GARCH and TAR-TR-TGARCH copula methods were applied to study the co-movement among the selected variables. The results showed significant evidence of nonlinear tail dependence between the volatility of the oil prices, the expectations of investors and the stock returns. Further, upper and lower tail dependence and comovement between the analyzed series could not be rejected. Moreover, the TAR-TR-GARCH and TAR-TR-TGARCH copula methods revealed that the volatility of oil price had crucial effects on the stock returns and on the expectations of investors in the long run.展开更多
The purpose of this study is to contribute to the literature by studying the effects of sudden changes both on crude oil import price and domestic gasoline price on inflation for Turkey, an emerging country. Since an ...The purpose of this study is to contribute to the literature by studying the effects of sudden changes both on crude oil import price and domestic gasoline price on inflation for Turkey, an emerging country. Since an inflation targeting regime is being carried out by the Central Bank of Turkey, determination of such effects is becoming more important. Therefore empirical evidence in this paper will serve as guidance for those countries, which have an in- flation targeting regime. Analyses have been done in the period of October 2005-December 2012 by Markovswitching vector autoregressive (MS-VAR) models which are successful in capturing the nonlinear properties of variables. Using MS-VAR analysis, it is found that there are 2 regimes in the analysis period. Furthermore, regime changes can be dated and the turning points of economic cycles can be determined. In addition, it is found that the effect of the changes in crude oil and domestic gasoline prices on consumer prices and core inflation is not the same under different regimes. Moreover, the sudden increase in gasoline price is more important for consumer price infla- tion than crude oil price shocks. Another finding is the presence of a pass-through effect from oil price and ga- soline price to core inflation.展开更多
A 330-500 GHz zero-biased broadband monolithic integrated tripler is reported. The measured results show that the maximum efficiency and the maximum output power are 2% and 194μW at 348 GHz. The saturation characteri...A 330-500 GHz zero-biased broadband monolithic integrated tripler is reported. The measured results show that the maximum efficiency and the maximum output power are 2% and 194μW at 348 GHz. The saturation characteristic test shows that the output i dB compression point is about -8.5 dBm at 334 GHz and the maximum efficiency is obtained at the point, which is slightly below the 1 dB compression point. Compared with the conventional hybrid integrated circuit, a major advantage of the monolithic integrated circuit is the significant improvement of reliability and consistency. In this work, a terahertz monolithic frequency multiplier at this band is designed and fabricated.展开更多
The spatial and temporal distributions of new production vary largely in different sea areas. To understand the level of new production in the sea area studied better, an estimate of new production must be obtained in...The spatial and temporal distributions of new production vary largely in different sea areas. To understand the level of new production in the sea area studied better, an estimate of new production must be obtained in large spatial and temporal scales. The ~234Th/ ~238U disequilibrium is an effective method for the study of new production. Two sampling strategies, vertically integrated sampling ap proach based on trapezoidal integration principle and discrete layer sampling approach, were compared in the studies of the xiamen Bay and the northern South China Sea. The scavenging fluxes and removal fluxes of ~234Th and the residence times for dissolved and particulate ~234Th were calculated. The coinci dent results from two Sampling approach suggest that vertically integrated sampling approach is not only effective and reliable, but also significantly reduces the number and volume of samples. It allows us to study new production by ba ^(234)Th - ^(238)U disequilibria in large spatial scale.展开更多
With the arrival of the "housing stock" in first - tier cities, the second - handhousing^market will become the dominant property market. This ardcle aim to the first - tiercities of second - hand housing prices and...With the arrival of the "housing stock" in first - tier cities, the second - handhousing^market will become the dominant property market. This ardcle aim to the first - tiercities of second - hand housing prices and new home price index for the empirical analysis, thedata related to the cointegration analysis found that the result of the first -tier cities real estatemarket in China, the new home price index is the significant factors influencing the second -hand house price indexi For Beijing, Shanghai second - hand housing and new home price in-dex time series johans test, found that there exists cointegration relationship between two varia-bles,the new city real estate market prices out of a line on the secondary market have clearguide. Therefore, the real estate market regulation aiming at the first -tier cities and the"housing stock" should take the second - hand housing market as the main direction, startingwith the sale price and influencing factors of new houses. At the same time, in different cities,we should adhere to the city' s policies, reflect the policy differentiation, promote the reformof the real estate supply side, and promote the return of housing properties.展开更多
基金King Saud University for funding this research through the Researchers Supporting Program Number(RSPD2024R704),King Saud University,Riyadh,Saudi Arabia.
文摘Hot dry rock(HDR)is rich in reserve,widely distributed,green,low-carbon,and has broad development potential and prospects.In this paper,a distributionally robust optimization(DRO)scheduling model for a regionally integrated energy system(RIES)considering HDR co-generation is proposed.First,the HDR-enhanced geothermal system(HDR-EGS)is introduced into the RIES.HDR-EGS realizes the thermoelectric decoupling of combined heat and power(CHP)through coordinated operation with the regional power grid and the regional heat grid,which enhances the system wind power(WP)feed-in space.Secondly,peak-hour loads are shifted using price demand response guidance in the context of time-of-day pricing.Finally,the optimization objective is established to minimize the total cost in the RIES scheduling cycle and construct a DRO scheduling model for RIES with HDR-EGS.By simulating a real small-scale RIES,the results show that HDR-EGS can effectively promote WP consumption and reduce the operating cost of the system.
文摘Introduction: the problem of Severe Acute Malnutrition (SAM) and its consequences concern and challenge all social actors worldwide. The objective of the study was to identify the real obstacles that actors face in the integrated management of children aged 6 - 59 months suffering from SAM at the University Hospital of Mother and Child (CHUME) and the Chad-China Friendship Hospital (HATC) of N’Djamena. Methodology: this is a cross-sectional descriptive and interpretative study conducted from January to October 2023 at the CHUME and HATC of N’Djamena. It is based on questionnaires and direct observation of two hundred and thirty-six (236) parents or guardians of malnourished children admitted to these health facilities. All 236 agreed to participate freely in this study. Results: it appears from this study that the obstacles to the integrated management of malnourished children were: poor care-care relationship (26.7%) permanent product breaks (22.9%), the direct costs of services ranged from 30,000 to 60,000 FCFA (41.53%), drugs used for the treatment of patients came from the street (66.10%), malaria and anemia occupy an important place (27.5%), 57.2% respondents had monthly income below 60,000 CFAF. Conclusion: the present study carried out has identified the real bottlenecks to the integrated management of children suffering from SAM in the therapeutic nutritional units of the city of N’Djamena. .
文摘In many application scenarios,silicon(Si)photonics favors the integration of Ⅲ-Ⅴ gain material onto Si substrate to real-ize the on-chip light source.In addition to the current popular integration approaches of Ⅲ-Ⅴ-on-Si wafer bonding or dir-ect heteroepitaxial growth,a newly emerged promising solution of epitaxial regrowth on bonded substrate has attracted a lot of interests.High-quality Ⅲ-Ⅴ material realization and successful laser demonstrations show its great potential to be a promising integration platform for low-cost,high-integration density and highly scalable active-passive photonic integra-tion on Si.This paper reviews recent research work on this regrowth on bonded template platform including template de-velopments,regrown material characterizations and laser demonstrations.The potential advantages,opportunities and challenges of this approach are discussed.
基金Project supported by the IC Special Foundation of Shanghai Municipal Commission of Science and Technology (Grant No.09706201300)the Shanghai Municipal Commission of Economic and Information (Grant No.090344)the Shanghai High-Tech Industrialization of New Energy Vehicles (Grant No.09625029),and the Graduate Innovation Foundation of Shanghai University
文摘In this paper, the design and verification process of an automobile-engine-fan control system on chip (SoC) are introduced. The SoC system, SHU-MV08, reuses four new intellectual property (IP) cores and the design flow is accomplished with 0.35 btm chartered CMOS technology. Some special functions of IP cores, the detailed integration scheme of four IP cores, and the verification method of the entire SoC are presented. To settle the verification problems brought by analog IP cores, NanoSim based chip-level mixed-signal verification method is introduced. The verification time is greatly reduced and the first tape-out achieves success which proves the validity of our design.
基金supported by the Guangxi Science and Technology Major Special Project (Project Number GUIKEAA22067079-1).
文摘With the development of renewable energy technologies such as photovoltaics and wind power,it has become a research hotspot to improve the consumption rate of new energy and reduce energy costs through the deployment of energy storage.To solve the problem of the interests of different subjects in the operation of the energy storage power stations(ESS)and the integrated energy multi-microgrid alliance(IEMA),this paper proposes the optimization operation method of the energy storage power station and the IEMA based on the Stackelberg game.In the upper layer,ESS optimizes charging and discharging decisions through a dynamic pricing mechanism.In the lower layer,IEMA optimizes the output of various energy conversion coupled devices within the IEMA,as well as energy interaction and demand response(DR),based on the energy interaction prices provided by ESS.The results demonstrate that the optimization strategy proposed in this paper not only effectively balances the benefits of the IEMA and ESS but also enhances energy consumption rates and reduces IEMA energy costs.
文摘建立了一种基于多能潮流-碳流耦合及碳-电市场协同的综合能源园区(PIES)两阶段低碳优化调度模型。研究了基于统一能源母线结构的综合能源型园区(park-level integrated energy system,PIES)多能流虚拟碳流传输机理,引入能源母线“碳流密度”的概念和储能调度周期内碳排放守恒原则,设计并构建了PIES的多能供应、耦合及消费等环节碳排放核算系统;利用区域电网的碳流密度对园区碳排放进行精确核算,并以PIES经济调度为一阶段优化模型;构建以阶梯型分时碳价为信号的需求响应低碳优化调度为二阶段优化模型,利用用户减碳意愿及自身负荷侧调节能力降低总碳排放量;在一个典型PIES中进行了算例分析。结果表明,所提优化模型能根据区域电网的碳流密度趋势做出及时响应,并利用PIES多能互补及用户侧需求响应的灵活性最小化碳排放,实现深度减排的目标。
文摘The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.
基金supported by the Key Project of the National Natural Science Foundation of China(10932003)Project of Chinese National Programs for Fundamental Research and Development(2012CB619603 and 2010CB832700)"04" Great Project of Ministry of Industrialization and Information of China (2011ZX04001-21)
文摘An algorithm for integrating the constitutive equations in thermal framework is presented, in which the plastic deformation gradient is chosen as the integration variable. Compared with the classic algorithm, a key feature of this new approach is that it can describe the finite deformation of crystals under thermal conditions. The obtained plastic deformation gradient contains not only plastic defor- mation but also thermal effects. The governing equation for the plastic deformation gradient is obtained based on ther- mal multiplicative decomposition of the total deformation gradient. An implicit method is used to integrate this evo- lution equation to ensure stability. Single crystal 1 100 aluminum is investigated to demonstrate practical applications of the model. The effects of anisotropic properties, time step, strain rate and temperature are calculated using this integration model.
文摘针对区域综合能源系统(regional integrated e ner gy system,RIES)源荷主体互动少、碳排放强度高、风光消纳能力低以及整体运行效益差等问题,文中提出计及电-气-热价格需求响应的RIES经济低碳运行优化方法。利用电能、天然气、热能共有的商品属性以及多元柔性负荷的可调度价值,建立电-气-热价格需求响应模型,有效增强了价格信号对负荷参与需求响应的激励效应;为充分挖掘系统的低碳潜力,引入阶梯型碳交易,完善实际碳排放模型;以系统运行成本最小为优化目标,研究不同运行方式对系统经济性和低碳性的影响。案例分析结果表明,所构建的运行优化模型采用价格需求响应和阶梯型碳交易协同优化方式,在实现负荷削峰填谷的同时可以兼顾系统运行的经济低碳性与风光消纳能力。
基金Supported by the Fundamental Research Funds of Lanzhou University of Finance and Economics(Lzufe2017C-09)
文摘This paper studies the critical exercise price of American floating strike lookback options under the mixed jump-diffusion model. By using It formula and Wick-It-Skorohod integral, a new market pricing model established under the environment of mixed jumpdiffusion fractional Brownian motion. The fundamental solutions of stochastic parabolic partial differential equations are estimated under the condition of Merton assumptions. The explicit integral representation of early exercise premium and the critical exercise price are also given, then the American floating strike lookback options factorization formula is obtained, the results is generalized the classical Black-Scholes market pricing model.
文摘This paper has two aims. The first one is to investigate the existence of chaotic structures in the oil prices, expectations of investors and stock returns by combining the Lyapunov exponent and Kolmogorov entropy, and the second one is to analyze the dependence behavior of oil prices, expectations of investors and stock returns from January 02, 1990, to June06, 2017. Lyapunov exponents and Kolmogorov entropy determined that the oil price and the stock return series exhibited chaotic behavior. TAR-TR-GARCH and TAR-TR-TGARCH copula methods were applied to study the co-movement among the selected variables. The results showed significant evidence of nonlinear tail dependence between the volatility of the oil prices, the expectations of investors and the stock returns. Further, upper and lower tail dependence and comovement between the analyzed series could not be rejected. Moreover, the TAR-TR-GARCH and TAR-TR-TGARCH copula methods revealed that the volatility of oil price had crucial effects on the stock returns and on the expectations of investors in the long run.
文摘The purpose of this study is to contribute to the literature by studying the effects of sudden changes both on crude oil import price and domestic gasoline price on inflation for Turkey, an emerging country. Since an inflation targeting regime is being carried out by the Central Bank of Turkey, determination of such effects is becoming more important. Therefore empirical evidence in this paper will serve as guidance for those countries, which have an in- flation targeting regime. Analyses have been done in the period of October 2005-December 2012 by Markovswitching vector autoregressive (MS-VAR) models which are successful in capturing the nonlinear properties of variables. Using MS-VAR analysis, it is found that there are 2 regimes in the analysis period. Furthermore, regime changes can be dated and the turning points of economic cycles can be determined. In addition, it is found that the effect of the changes in crude oil and domestic gasoline prices on consumer prices and core inflation is not the same under different regimes. Moreover, the sudden increase in gasoline price is more important for consumer price infla- tion than crude oil price shocks. Another finding is the presence of a pass-through effect from oil price and ga- soline price to core inflation.
基金Supported by the National High-Technology Research and Development Program of China under Grant No 2011AA010203the National Basic Research Program of China under Grant Nos 2011CB201704 and 2010CB327502the National Natural Science Foundation of China under Grant Nos 61434006 and 61106074
文摘A 330-500 GHz zero-biased broadband monolithic integrated tripler is reported. The measured results show that the maximum efficiency and the maximum output power are 2% and 194μW at 348 GHz. The saturation characteristic test shows that the output i dB compression point is about -8.5 dBm at 334 GHz and the maximum efficiency is obtained at the point, which is slightly below the 1 dB compression point. Compared with the conventional hybrid integrated circuit, a major advantage of the monolithic integrated circuit is the significant improvement of reliability and consistency. In this work, a terahertz monolithic frequency multiplier at this band is designed and fabricated.
基金National Natural Science Foundation of China! 49676296National Scientific and Technical Project! 97-926-04-02.
文摘The spatial and temporal distributions of new production vary largely in different sea areas. To understand the level of new production in the sea area studied better, an estimate of new production must be obtained in large spatial and temporal scales. The ~234Th/ ~238U disequilibrium is an effective method for the study of new production. Two sampling strategies, vertically integrated sampling ap proach based on trapezoidal integration principle and discrete layer sampling approach, were compared in the studies of the xiamen Bay and the northern South China Sea. The scavenging fluxes and removal fluxes of ~234Th and the residence times for dissolved and particulate ~234Th were calculated. The coinci dent results from two Sampling approach suggest that vertically integrated sampling approach is not only effective and reliable, but also significantly reduces the number and volume of samples. It allows us to study new production by ba ^(234)Th - ^(238)U disequilibria in large spatial scale.
文摘With the arrival of the "housing stock" in first - tier cities, the second - handhousing^market will become the dominant property market. This ardcle aim to the first - tiercities of second - hand housing prices and new home price index for the empirical analysis, thedata related to the cointegration analysis found that the result of the first -tier cities real estatemarket in China, the new home price index is the significant factors influencing the second -hand house price indexi For Beijing, Shanghai second - hand housing and new home price in-dex time series johans test, found that there exists cointegration relationship between two varia-bles,the new city real estate market prices out of a line on the secondary market have clearguide. Therefore, the real estate market regulation aiming at the first -tier cities and the"housing stock" should take the second - hand housing market as the main direction, startingwith the sale price and influencing factors of new houses. At the same time, in different cities,we should adhere to the city' s policies, reflect the policy differentiation, promote the reformof the real estate supply side, and promote the return of housing properties.