This paper thinks that the price of a commodity depends on both the value of the commodity and that of the currency. The change in either value will cause the change of the price of the commodity. Only the price risin...This paper thinks that the price of a commodity depends on both the value of the commodity and that of the currency. The change in either value will cause the change of the price of the commodity. Only the price rising caused by the decreasing of the currency value can be called inflation, and the price rising led by the increasing of the value of the merchandise can not be called inflation. Therefore, it is not proper, as defined by the modem economics, to think that any price increasing should be in general called inflation.展开更多
This paper is an outcome of comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission o...This paper is an outcome of comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission of inflation, the United States, as the world's largest economy, plays a dominant role. In contrast, during both deflation and inflation periods, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global deflation or inflation. This research has made use of DAG and some other techniques to yield reliable and reasonable conclusions.展开更多
The static performance of inflatable structures has been well studied and the dynamic deployment simulation has received much attention. However, very few studies focus on its deflation behavior. Although there are se...The static performance of inflatable structures has been well studied and the dynamic deployment simulation has received much attention. However, very few studies focus on its deflation behavior. Although there are several dynamic finite element algorithms that can be applied to the deflation simulation, their computation costs are expensive, especially for large scale structures. In this work, a simple method based on classic thermodynamics and the analytical relationship between air and membrane was proposed to efficiently analyze the air state variables under the condition of ventilation. Combined with failure analysis of static bearing capacity, a fast incremental analytical method was presented to predict both elastic and post wrinkling deflation process of inflatable structures. Comparisons between simplified analysis, dynamic finite element simulation, and a full-scale experimental test are presented and the suitability of this simple method for solving the air state and predicting the deflation behavior of inflatable structures is proved.展开更多
In this paper, time series modelling is examined with a special application to modelling inflation data in Tanzania. In particular the theory of univariate non linear time series analysis is explored and applied to th...In this paper, time series modelling is examined with a special application to modelling inflation data in Tanzania. In particular the theory of univariate non linear time series analysis is explored and applied to the inflation data spanning from January 1997 to December 2010. Time series models namely, the autoregressive conditional heteroscedastic (ARCH) (with their extensions to the generalized autoregressive conditional heteroscedasticity ARCH (GARCH)) models are fitted to the data. The stages in the model building namely, identification, estimation and checking have been explored and applied to the data. The best fitting model is selected based on how well the model captures the stochastic variation in the data (goodness of fit). The goodness of fit is assessed through the Akaike Information Criteria (AIC), Bayesian Information Criteria (BIC) and minimum standard error (MSE). Based on minimum AIC and BIC values, the best fit GARCH models tend to be GARCH(1,1) and GARCH(1,2). After estimation of the parameters of selected models, a series of diagnostic and forecast accuracy test are performed. Having satisfied with all the model assumptions, GARCH(1,1) model is found to be the best model for forecasting. Based on the selected model, twelve months inflation rates of Tanzania are forecasted in sample period (that is from January 2010 to December 2010). From the results, it is observed that the forecasted series are close to the actual data series.展开更多
Background/Aims: Recently, endoscopic papillary large balloon dilation (EPLBD) using a large balloon (12 - 20 mm) for extraction of difficult common bile duct (CBD) stones has been widely accepted with favorable outco...Background/Aims: Recently, endoscopic papillary large balloon dilation (EPLBD) using a large balloon (12 - 20 mm) for extraction of difficult common bile duct (CBD) stones has been widely accepted with favorable outcomes. However, there is no consensus with regard to the ballooning time. The aim of our study was to evaluate the efficacy and safety of immediate balloon deflation in EPLBD for the treatment of difficult bile duct stone. Methods: This was a retrospective study of 80 consecutive patients with bile duct stones who were treated with an immediate balloon deflation method in EPLBD combined with endoscopic sphincterotomy (EST) between January 2010 and December 2012. Overall success rate, success rate at first ERCP, and the frequency of mechanical lithotripsy for complete stone removal were assessed for efficacy and safety was evaluated by assessing major complications. Results: Overall success rate for complete stone removal was high (78/80, 97.5%) and success rate for complete stone removal at first ERCP was 86.3% (69/80). The use of mechanical lithotripsy was 0% (0/80). The overall complication rate was favorable (5/80, 6.3%). PostERCP pancreatitis was observed in 3 patients (two: mild, one: moderate). In subgroup analysis, the presence of periampullary diverticulum was the only factor affecting the success rate at first ERCP. Conclusion: This study demonstrated the favorable outcome of immediate balloon deflation for treatment of difficult CBD stones and can be considered for clinical application.展开更多
Elastomeric membranes are frequently used in several emerging fields such as soft robotics and flexible electronics.For convenience of the structural design,it is very attractive to find simple analytical solutions to...Elastomeric membranes are frequently used in several emerging fields such as soft robotics and flexible electronics.For convenience of the structural design,it is very attractive to find simple analytical solutions to well describe their elastic deformations in response to external loadings.However,both the material/geometrical nonlinearity and the deformation inhomogeneity due to boundary constraints make it much challenging to get an exact analytical solution.In this paper,we focus on the inflation of a prestretched elastomeric circular membrane under uniform pressure,and derive an approximate analytical solution of the pressure-volume curve based upon a reasonable assumption on the shape of the inflated membrane.Such an explicit expression enables us to quantitatively design the material and geometrical parameters of the pre-stretched membrane to generate a target pressure-volume curve with prescribed peak point and initial slope.This work would be of help in the simplified mechanical design of structures involving elastomeric membranes.展开更多
Numerous economic time series do not have a constant mean and in practical situations, we often see that the variance of observational error is subject to a substantial variability over time. This phenomenon is known ...Numerous economic time series do not have a constant mean and in practical situations, we often see that the variance of observational error is subject to a substantial variability over time. This phenomenon is known as volatility. To take into account the presence of volatility in an economic series, it is necessary to resort to models known as conditional heteroscedastic models. In these models, the variance of a series at a given time point depends on past information and other data available up to that time point, so that a conditional variance must be defined, which is not constant and does not coincides with the overall variance of the observed series. There is a very large variety of nonlinear models in the literature, which are useful for the analysis of any economic time series with volatility, but we will focus in analyzing our series of interest using ARCH type models introduced by Engle (1982) and their extensions. These models are non-linear in terms of variance. Our objective will be the study of the monthly inflation data of Argentina for the period from January 1943 to December 2013. The data is officially published by the National Institute of Statistics and Censuses (or INDEC as it is known in Argentina). Although it is a very long period in which various changes and interventions took place, it can be seen that certain general patterns of behavior have persisted over time, which allows us to admit that the study can be appropriately based on available information.展开更多
The effect of the propagation delay of gravitational interactions results in a singularity of the normalized acceleration of the radius of a sphere representing the Universe. Stephen Hawking in his Inflation Model als...The effect of the propagation delay of gravitational interactions results in a singularity of the normalized acceleration of the radius of a sphere representing the Universe. Stephen Hawking in his Inflation Model also discusses a delay type interaction. This term can be used to model the inflationary rapid expansion of the early Universe. Since the Universe is thought to occupy all of space-time, one cannot define a boundary or radius of the Universe. Therefore, the properties of a sphere in the Universe are analyzed. It is assumed that the Universe will behave similarly to this sphere. This analysis is performed by including the effect of the propagation delay of gravitational interactions in Einstein’s equation.展开更多
针对现有串联囊式衰减器(囊式衰减器)压力适应范围窄的问题,提出了通过气压控制系统实现囊式衰减器气囊内部气压主动跟随液压系统工作压力变化的方法,使囊式衰减器在不同工作压力时均具有良好压力脉动抑制性能。在建立气动伺服控制系统...针对现有串联囊式衰减器(囊式衰减器)压力适应范围窄的问题,提出了通过气压控制系统实现囊式衰减器气囊内部气压主动跟随液压系统工作压力变化的方法,使囊式衰减器在不同工作压力时均具有良好压力脉动抑制性能。在建立气动伺服控制系统数学模型的基础上,分别采用比例积分微分(proportional integral derivative,PID)及模糊PID控制方法实现了囊式衰减器气囊内部气压主动跟随系统工作压力的变化,分析了系统工作压力的变化频率、振幅、气瓶充气压力等因素对气囊内压力控制性能的影响,在理论上证明了所提出方法的可行性;分别通过声学仿真软件和试验研究了采用与不采用气压主动控制时囊式衰减器对压力脉动的抑制性能,研究结果均表明采用气压主动控制方法时囊式衰减器对液压管道系统压力脉动的衰减幅值更大、压力适应范围更广,进而验证了所提出气压主动控制方法的有效性与可行性。展开更多
It’s often the case that the supplier will provide the retailer with a permissible delay period in payments, during which the supplier charges the retailer no interest and the retailer accumulates interest earned fro...It’s often the case that the supplier will provide the retailer with a permissible delay period in payments, during which the supplier charges the retailer no interest and the retailer accumulates interest earned from investment return. As a type of price reduction and an alternative to price discount,trade credit helps the supplier encourage the retailer’s ordering. This paper develops an inventory replenishment model for a deteriorating item with time-varying demand and shortages, taking account of trade credit and time value of money under inflation over a finite time horizon. This model is an extension and development of the existing studies related to the inventory system considering trade credit and time value of money and offers a more general model with more flexibility and resilience to handle the situation where demand of the end market is non-decreasing with regard to time.展开更多
文摘This paper thinks that the price of a commodity depends on both the value of the commodity and that of the currency. The change in either value will cause the change of the price of the commodity. Only the price rising caused by the decreasing of the currency value can be called inflation, and the price rising led by the increasing of the value of the merchandise can not be called inflation. Therefore, it is not proper, as defined by the modem economics, to think that any price increasing should be in general called inflation.
基金Financial support from the research project of humanities and social sciences of the Chinese Ministry of Education (08JC790104)the growing seedling fund of humanities and social sciences of Guangdong University (WYM08024)development project for young teacher of Sun Yat-Sen University (09WKTY41)
文摘This paper is an outcome of comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission of inflation, the United States, as the world's largest economy, plays a dominant role. In contrast, during both deflation and inflation periods, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global deflation or inflation. This research has made use of DAG and some other techniques to yield reliable and reasonable conclusions.
基金Projects(51178263,51378307)supported by the National Natural Science Foundation of China
文摘The static performance of inflatable structures has been well studied and the dynamic deployment simulation has received much attention. However, very few studies focus on its deflation behavior. Although there are several dynamic finite element algorithms that can be applied to the deflation simulation, their computation costs are expensive, especially for large scale structures. In this work, a simple method based on classic thermodynamics and the analytical relationship between air and membrane was proposed to efficiently analyze the air state variables under the condition of ventilation. Combined with failure analysis of static bearing capacity, a fast incremental analytical method was presented to predict both elastic and post wrinkling deflation process of inflatable structures. Comparisons between simplified analysis, dynamic finite element simulation, and a full-scale experimental test are presented and the suitability of this simple method for solving the air state and predicting the deflation behavior of inflatable structures is proved.
文摘In this paper, time series modelling is examined with a special application to modelling inflation data in Tanzania. In particular the theory of univariate non linear time series analysis is explored and applied to the inflation data spanning from January 1997 to December 2010. Time series models namely, the autoregressive conditional heteroscedastic (ARCH) (with their extensions to the generalized autoregressive conditional heteroscedasticity ARCH (GARCH)) models are fitted to the data. The stages in the model building namely, identification, estimation and checking have been explored and applied to the data. The best fitting model is selected based on how well the model captures the stochastic variation in the data (goodness of fit). The goodness of fit is assessed through the Akaike Information Criteria (AIC), Bayesian Information Criteria (BIC) and minimum standard error (MSE). Based on minimum AIC and BIC values, the best fit GARCH models tend to be GARCH(1,1) and GARCH(1,2). After estimation of the parameters of selected models, a series of diagnostic and forecast accuracy test are performed. Having satisfied with all the model assumptions, GARCH(1,1) model is found to be the best model for forecasting. Based on the selected model, twelve months inflation rates of Tanzania are forecasted in sample period (that is from January 2010 to December 2010). From the results, it is observed that the forecasted series are close to the actual data series.
文摘Background/Aims: Recently, endoscopic papillary large balloon dilation (EPLBD) using a large balloon (12 - 20 mm) for extraction of difficult common bile duct (CBD) stones has been widely accepted with favorable outcomes. However, there is no consensus with regard to the ballooning time. The aim of our study was to evaluate the efficacy and safety of immediate balloon deflation in EPLBD for the treatment of difficult bile duct stone. Methods: This was a retrospective study of 80 consecutive patients with bile duct stones who were treated with an immediate balloon deflation method in EPLBD combined with endoscopic sphincterotomy (EST) between January 2010 and December 2012. Overall success rate, success rate at first ERCP, and the frequency of mechanical lithotripsy for complete stone removal were assessed for efficacy and safety was evaluated by assessing major complications. Results: Overall success rate for complete stone removal was high (78/80, 97.5%) and success rate for complete stone removal at first ERCP was 86.3% (69/80). The use of mechanical lithotripsy was 0% (0/80). The overall complication rate was favorable (5/80, 6.3%). PostERCP pancreatitis was observed in 3 patients (two: mild, one: moderate). In subgroup analysis, the presence of periampullary diverticulum was the only factor affecting the success rate at first ERCP. Conclusion: This study demonstrated the favorable outcome of immediate balloon deflation for treatment of difficult CBD stones and can be considered for clinical application.
基金Supports from the National Natural Science Foundation of China (Grants 11772272 and 11972027)the support from the Fundamental Research Funds for the Central Universities (Grants 2682019LK06 and 2682019LXCGKY001)
文摘Elastomeric membranes are frequently used in several emerging fields such as soft robotics and flexible electronics.For convenience of the structural design,it is very attractive to find simple analytical solutions to well describe their elastic deformations in response to external loadings.However,both the material/geometrical nonlinearity and the deformation inhomogeneity due to boundary constraints make it much challenging to get an exact analytical solution.In this paper,we focus on the inflation of a prestretched elastomeric circular membrane under uniform pressure,and derive an approximate analytical solution of the pressure-volume curve based upon a reasonable assumption on the shape of the inflated membrane.Such an explicit expression enables us to quantitatively design the material and geometrical parameters of the pre-stretched membrane to generate a target pressure-volume curve with prescribed peak point and initial slope.This work would be of help in the simplified mechanical design of structures involving elastomeric membranes.
文摘Numerous economic time series do not have a constant mean and in practical situations, we often see that the variance of observational error is subject to a substantial variability over time. This phenomenon is known as volatility. To take into account the presence of volatility in an economic series, it is necessary to resort to models known as conditional heteroscedastic models. In these models, the variance of a series at a given time point depends on past information and other data available up to that time point, so that a conditional variance must be defined, which is not constant and does not coincides with the overall variance of the observed series. There is a very large variety of nonlinear models in the literature, which are useful for the analysis of any economic time series with volatility, but we will focus in analyzing our series of interest using ARCH type models introduced by Engle (1982) and their extensions. These models are non-linear in terms of variance. Our objective will be the study of the monthly inflation data of Argentina for the period from January 1943 to December 2013. The data is officially published by the National Institute of Statistics and Censuses (or INDEC as it is known in Argentina). Although it is a very long period in which various changes and interventions took place, it can be seen that certain general patterns of behavior have persisted over time, which allows us to admit that the study can be appropriately based on available information.
文摘The effect of the propagation delay of gravitational interactions results in a singularity of the normalized acceleration of the radius of a sphere representing the Universe. Stephen Hawking in his Inflation Model also discusses a delay type interaction. This term can be used to model the inflationary rapid expansion of the early Universe. Since the Universe is thought to occupy all of space-time, one cannot define a boundary or radius of the Universe. Therefore, the properties of a sphere in the Universe are analyzed. It is assumed that the Universe will behave similarly to this sphere. This analysis is performed by including the effect of the propagation delay of gravitational interactions in Einstein’s equation.
文摘针对现有串联囊式衰减器(囊式衰减器)压力适应范围窄的问题,提出了通过气压控制系统实现囊式衰减器气囊内部气压主动跟随液压系统工作压力变化的方法,使囊式衰减器在不同工作压力时均具有良好压力脉动抑制性能。在建立气动伺服控制系统数学模型的基础上,分别采用比例积分微分(proportional integral derivative,PID)及模糊PID控制方法实现了囊式衰减器气囊内部气压主动跟随系统工作压力的变化,分析了系统工作压力的变化频率、振幅、气瓶充气压力等因素对气囊内压力控制性能的影响,在理论上证明了所提出方法的可行性;分别通过声学仿真软件和试验研究了采用与不采用气压主动控制时囊式衰减器对压力脉动的抑制性能,研究结果均表明采用气压主动控制方法时囊式衰减器对液压管道系统压力脉动的衰减幅值更大、压力适应范围更广,进而验证了所提出气压主动控制方法的有效性与可行性。
文摘It’s often the case that the supplier will provide the retailer with a permissible delay period in payments, during which the supplier charges the retailer no interest and the retailer accumulates interest earned from investment return. As a type of price reduction and an alternative to price discount,trade credit helps the supplier encourage the retailer’s ordering. This paper develops an inventory replenishment model for a deteriorating item with time-varying demand and shortages, taking account of trade credit and time value of money under inflation over a finite time horizon. This model is an extension and development of the existing studies related to the inventory system considering trade credit and time value of money and offers a more general model with more flexibility and resilience to handle the situation where demand of the end market is non-decreasing with regard to time.