This study develops a structural vector autoregression(SVAR)framework to empirically examine the reciprocal transmission channels of monetary policies between China and the United States.The primary objective is to di...This study develops a structural vector autoregression(SVAR)framework to empirically examine the reciprocal transmission channels of monetary policies between China and the United States.The primary objective is to discern potential disparities in the spillover effects of monetary policies and ascertain any contrasting mechanisms underlying these effects across the two countries.Based on our research,it appears that there exists a certain level of non-symmetry in the spillover effects of monetary policy between the two countries.Moreover,this paper provides adequate analysis of disparities in the trade framework,capital control,and financial market operations of both countries in constructing a dynamic stochastic general equilibrium(DSGE)model that incorporates financial frictions for the examination of the theoretical rationale.The empirical findings indicate that China’s monetary policy creates a spillover effect primarily through trade.In China,following an increase in its interest rates,the domestic economic activity will experience a contraction,leading to a decline in both investment and output.Consequently,this will result in a decrease in China’s imports of investment goods from the United States,impacting the output of the US economy.In contrast,the US monetary policy exerts a spillover effect primarily through finance.An increase in interest rates by the United States is associated with a notable outflow of capital from China.This leads to a rise in the financing costs for Chinese firms,consequently diminishing their overall net worth.In light of the financial accelerator effect,corporate external financing risk premium will continue to increase,exacerbating the downward trajectory of China’s output.展开更多
Let 0<λ_1,λ_2<1 and 1-λ_1-λ_2≥max｛λ_1,λ_2｝.Let ~K(λ_1,λ_2) be the attractor of the iterated function system ｛φ_1,φ_2｝on the line,where φ_1(x)=λ_1x and φ_2(x)=1-λ_2+λ_2x,x∈R.~K(λ_1,λ_2) is ...Let 0<λ_1,λ_2<1 and 1-λ_1-λ_2≥max｛λ_1,λ_2｝.Let ~K(λ_1,λ_2) be the attractor of the iterated function system ｛φ_1,φ_2｝on the line,where φ_1(x)=λ_1x and φ_2(x)=1-λ_2+λ_2x,x∈R.~K(λ_1,λ_2) is called a non-symmetry Cantor set. In this paper,it is proved that the exact Hausdorff centred measure of K(λ_1,λ_2) equals 2s(1-λ)s,where λ=max｛λ_1,λ_2｝ and s is the Hausdorff dimension of K(λ_1,λ_2).展开更多
The non-symmetry anti-packing image representation （NAIR） uses a sequence of the instances of some predefined prototypes to represent an image. While significantly reducing the instances required to represent an ima...The non-symmetry anti-packing image representation （NAIR） uses a sequence of the instances of some predefined prototypes to represent an image. While significantly reducing the instances required to represent an image in contrary to the quadtree and the linear quadtree, however, NAIR has lost the explicit space relationship among these instances and hence made some geometric operations such as perimeter computation hard to be implemented. In this paper, longitude and latitude grid （L^2G）, a data structure which can restore lost space relationship from the NAIR is first presented, and then a novel algorithm to compute the perimeters of the images represented by the NAIR is presented. The experimental results show that the new algorithm has saved at least 90% of the running time comparing with that based on the quadtree.展开更多
Considering the effect of non-symmetry film force, nonlinear stiffness and nonlinear friction force, a dynamical model of rub-impact rotor system is established, then the nonlinear dynamical behavior is studied by num...Considering the effect of non-symmetry film force, nonlinear stiffness and nonlinear friction force, a dynamical model of rub-impact rotor system is established, then the nonlinear dynamical behavior is studied by numerical analysis method. The effect of rotation speed, nonlinear stiffitess ratio and speed effect factor on brifurcation and chaotic behavior for rub-impact rotor system is comprehensively analyzed. The analysis results show that the effect of non-symmetry film force, nonlinear stiffness and nonlinear friction force on the dynamical behavior of the rotor system has close relation with rotation speed. The chaotic behavior exists in a wider parameter region, and the chaotic evolution rule is more complicated. The research provides a reliable theory basis and reference for diagnosing some faults of the rotor system.展开更多
Computing moments on images is very important in the fields of image processing and pattern recognition. The non-symmetry and anti-packing model （NAM） is a general pattern representation model that has been develope...Computing moments on images is very important in the fields of image processing and pattern recognition. The non-symmetry and anti-packing model （NAM） is a general pattern representation model that has been developed to help design some efficient image representation methods. In this paper, inspired by the idea of computing moments based on the S-Tree coding （STC） representation and by using the NAM and extended shading （NAMES） approach, we propose a fast algorithm for computing lower order moments based on the NAMES representation, which takes O（N） time where N is the number of NAM blocks. By taking three idiomatic standard gray images ＇Lena＇, ＇F16＇, and ＇Peppers＇ in tile field of image processing as typical test objects, and by comparing our proposed algorithm with the conventional algorithm and the popular STC representation algorithm for computing the lower order moments, the theoretical and experimental results presented in this paper show that the average execution time improvement ratios of the proposed NAMES approach over the STC approach, and also the conventional approach are 26.63%, and 82.57% respectively while maintaining the image quality.展开更多
We propose a novel binary image representation algorithm using the non-symmetry and anti-packing model and the coordinate encoding procedure （NAMCEP）. By tak- ing some idiomatic standard binary images in the field o...We propose a novel binary image representation algorithm using the non-symmetry and anti-packing model and the coordinate encoding procedure （NAMCEP）. By tak- ing some idiomatic standard binary images in the field of image processing as typical test objects, and by comparing our proposed NAMCEP representation with linear quadtree （LQT）, binary tree （Bintree）, non-symmetry and anti-packing model （NAM） with K-lines （NAMK）, and NAM representa- tions, we show that NAMCEP can not only reduce the aver- age node, but also simultaneously improve the average com- pression. We also present a novel NAMCEP-based algorithm for area calculation and show experimentally that our algo- rithm offers significant improvements.展开更多
文摘This study develops a structural vector autoregression(SVAR)framework to empirically examine the reciprocal transmission channels of monetary policies between China and the United States.The primary objective is to discern potential disparities in the spillover effects of monetary policies and ascertain any contrasting mechanisms underlying these effects across the two countries.Based on our research,it appears that there exists a certain level of non-symmetry in the spillover effects of monetary policy between the two countries.Moreover,this paper provides adequate analysis of disparities in the trade framework,capital control,and financial market operations of both countries in constructing a dynamic stochastic general equilibrium(DSGE)model that incorporates financial frictions for the examination of the theoretical rationale.The empirical findings indicate that China’s monetary policy creates a spillover effect primarily through trade.In China,following an increase in its interest rates,the domestic economic activity will experience a contraction,leading to a decline in both investment and output.Consequently,this will result in a decrease in China’s imports of investment goods from the United States,impacting the output of the US economy.In contrast,the US monetary policy exerts a spillover effect primarily through finance.An increase in interest rates by the United States is associated with a notable outflow of capital from China.This leads to a rise in the financing costs for Chinese firms,consequently diminishing their overall net worth.In light of the financial accelerator effect,corporate external financing risk premium will continue to increase,exacerbating the downward trajectory of China’s output.
文摘Let 0<λ_1,λ_2<1 and 1-λ_1-λ_2≥max｛λ_1,λ_2｝.Let ~K(λ_1,λ_2) be the attractor of the iterated function system ｛φ_1,φ_2｝on the line,where φ_1(x)=λ_1x and φ_2(x)=1-λ_2+λ_2x,x∈R.~K(λ_1,λ_2) is called a non-symmetry Cantor set. In this paper,it is proved that the exact Hausdorff centred measure of K(λ_1,λ_2) equals 2s(1-λ)s,where λ=max｛λ_1,λ_2｝ and s is the Hausdorff dimension of K(λ_1,λ_2).
基金supported by the National High-Technology Research and Development Program of China (Grant No.2006AA04Z211)
文摘The non-symmetry anti-packing image representation （NAIR） uses a sequence of the instances of some predefined prototypes to represent an image. While significantly reducing the instances required to represent an image in contrary to the quadtree and the linear quadtree, however, NAIR has lost the explicit space relationship among these instances and hence made some geometric operations such as perimeter computation hard to be implemented. In this paper, longitude and latitude grid （L^2G）, a data structure which can restore lost space relationship from the NAIR is first presented, and then a novel algorithm to compute the perimeters of the images represented by the NAIR is presented. The experimental results show that the new algorithm has saved at least 90% of the running time comparing with that based on the quadtree.
文摘Considering the effect of non-symmetry film force, nonlinear stiffness and nonlinear friction force, a dynamical model of rub-impact rotor system is established, then the nonlinear dynamical behavior is studied by numerical analysis method. The effect of rotation speed, nonlinear stiffitess ratio and speed effect factor on brifurcation and chaotic behavior for rub-impact rotor system is comprehensively analyzed. The analysis results show that the effect of non-symmetry film force, nonlinear stiffness and nonlinear friction force on the dynamical behavior of the rotor system has close relation with rotation speed. The chaotic behavior exists in a wider parameter region, and the chaotic evolution rule is more complicated. The research provides a reliable theory basis and reference for diagnosing some faults of the rotor system.
文摘Computing moments on images is very important in the fields of image processing and pattern recognition. The non-symmetry and anti-packing model （NAM） is a general pattern representation model that has been developed to help design some efficient image representation methods. In this paper, inspired by the idea of computing moments based on the S-Tree coding （STC） representation and by using the NAM and extended shading （NAMES） approach, we propose a fast algorithm for computing lower order moments based on the NAMES representation, which takes O（N） time where N is the number of NAM blocks. By taking three idiomatic standard gray images ＇Lena＇, ＇F16＇, and ＇Peppers＇ in tile field of image processing as typical test objects, and by comparing our proposed algorithm with the conventional algorithm and the popular STC representation algorithm for computing the lower order moments, the theoretical and experimental results presented in this paper show that the average execution time improvement ratios of the proposed NAMES approach over the STC approach, and also the conventional approach are 26.63%, and 82.57% respectively while maintaining the image quality.
基金We thank the anonymous reviewers and editors for their valuable comments on improving this paper. This work was supported by the National Natural Science Foundation of China （Grant No. 61300134）, the Research Fund for the Doctoral Program of Higher Education of China （20120172120036）, the Natural Science Foundation of Guangdong Province of China （S2011040005815 and S2013010012515）, the Foundation for Dis- tinguished Young Talents in Higher Education of Guangdong of China （LYM11015）, and the Fundamental Research Funds for the Central Universities of China （2011ZM0074 and 2013ZZ0050）.
文摘We propose a novel binary image representation algorithm using the non-symmetry and anti-packing model and the coordinate encoding procedure （NAMCEP）. By tak- ing some idiomatic standard binary images in the field of image processing as typical test objects, and by comparing our proposed NAMCEP representation with linear quadtree （LQT）, binary tree （Bintree）, non-symmetry and anti-packing model （NAM） with K-lines （NAMK）, and NAM representa- tions, we show that NAMCEP can not only reduce the aver- age node, but also simultaneously improve the average com- pression. We also present a novel NAMCEP-based algorithm for area calculation and show experimentally that our algo- rithm offers significant improvements.
