Come-See-Me Festival Interview

In this April 21, 1978 interview, the origins and history of the Come-See-Me Festival are discussed. Included is an overview of the events for the 1978 event. This interview was conducted for inclusion into the Louise Pettus Archives and Special Collections Oral History Program

Block & Bridle Annual 1956-1957

Charles Adams (Faculty Advisor), Delbert Kuhlman, John Klingenberg, Ardyce Haring, Harvey Jorgensen, Roy Volzke, Billie Reed, Paul Yeutter Prof. Loeffel, Carolyn Hall, Byron Kort, Larry Paul, Elwin Mosier, Charles Corkle, Kay Robohm, Daniel Stilwell Duane Stokebrand, Gary Briggs, Walt Patterson, Wendell Mousel, Keith Smith, Darrel Zessin, Richard Bonne, Donald Kasbohm, Bruce Skinner Bob Discoe, Doyle Hulme, Jim Smith, Carl Lorenzen, Jay Cook, Gary Berke, Bob Volk, Roger Hild Donald Kuhl, Russell Person, Ray Cada, Ray DeBower, Bob Dannert, Phil Starck, Kay Knudsen, Jerry Brownfield, Allan McClure, Wally Bierman Morris Ochsner, Warren Mitchell, Ed McReynolds, Gerald Dart, Arza Snyder, Mervy Schliefert, Arley Waldo, Tom Hoffman, John Wink, Virgil Gellermann, Duane Neuman

Catches of Humpback Whales, Megaptera novaeangliae, by the Soviet Union and Other Nations in the Southern Ocean, 1947–1973

The great whales of the Southern Ocean were extensively exploited by modern whaling methods, with the first catches made in the Falkland Islands Dependencies region of IWC Management Area II in 1904 (Tønnesson and Johnsen, 1982; Hart, 2006). Exploitation went through several phases. Populations of humpback whales, Megaptera novaeangliae, and blue whales, Balaenoptera musculus, around South Georgia crashed around the time of World War I, and further exploitation occurred in other regions into the 1930’s. There was a hiatus in whaling during World War II, but large-scale catches resumed in Antarctic waters after 1945.

Block & Bridle Annual 1957-1958

Gary Briggs, Paul Yeutter, Ray Cada, Darrel Zessin, Byron Kort. Louis Welch, Kay Robohm, Darrel Eberspacher, Elwin Mosier, Ardyce Haring, Carolyn Hall. Larry Lutz, Maurice Bonne, Max Waldo, Duane Stokebrand, Ted Klug, Prof. Richard B. Warren (Faculty Advisor). Eli Thomssen, Phil Starck, Ray DeBower, Gary Berke, Jay Cook, Roger Hild. Russell Person, Morris Ochsner, Del Kuhlman, John Wink, Jerry Dart, Tom Kraeger.

Catches of Humpback Whales in the Southern Ocean, 1947-1973

We review catches of humpback whales (Megaptera novaeangliae) in the Southern Ocean during the period following World War II, with an emphasis on Areas IV, V and VI (the principal regions of illegal Soviet whaling on this species). Where possible, we summarize legal and illegal Soviet catches by year, Area and factory fleet, and also include information on takes by other nations. Soviet humpback catches between 1947 and 1973 totaled 48702 and break down as follows: 649 (Area I), 1412 (Area II), 921 (Area III), 8779 (Area IV), 22569 (Area V) and 7195 (Area VI), with 7177 catches not assignable to area. In all, at least 72542 humpback whales were killed by all operations (Soviet plus other nations) after World War 2 in Areas IV (27201), V (38146) and VI (7195). More than a third of these (25474 whales, of which 25192 came from Areas V and VI) were taken in just two seasons, 1959/60 and 1960/61. The impact of these takes, and of those from Area IV in the late 1950's, is evident in the sometimes dramatic declines in catches at shore stations in Australia, New Zealand and Norfolk Island. When compared to recent estimates of abundance, the large removals from Areas IV and V indicate that the populations in these regions remain well below pre-exploitation levels despite reported strong growth rates off eastern and western Australia. Populations in many areas of Oceania continue to be small, indicating that the catches from Area VI and eastern Area V had long-term impacts on recovery.

Climate Change and Water Resources Management: A Federal Perspective

Many challenges, including climate change, face the Nation’s water managers. The Intergovernmental Panel on Climate Change (IPCC) has provided estimates of how climate may change, but more understanding of the processes driving the changes, the sequences of the changes, and the manifestation of these global changes at different scales could be beneficial. Since the changes will likely affect fundamental drivers of the hydrological cycle, climate change may have a large impact on water resources and water resources managers. The purpose of this interagency report prepared by the U.S. Geological Survey (USGS), U.S. Army Corps of Engineers (USACE), Bureau of Reclamation (Reclamation), and National Oceanic and Atmospheric Administration (NOAA) is to explore strategies to improve water management by tracking, anticipating, and responding to climate change. The key points below briefly summarize the chapters in this report and represent underlying assumptions needed to address the many impacts of climate change.

Movements of satellite-monitored humpback whales from New Caledonia

Knowledge of the local and migratory movements of humpback whales (Megaptera novaeangliae) from New Caledonia is very limited. To investigate this topic, we attached satellite-monitored tags to 12 whales off southern New Caledonia. Tag longevity ranged from 1 to 52 days (X = 22.5 days). Tagged whales generally moved to the south or southeast, with several spending time in a previously unknown seamount habitat named Antigonia before resuming movement, generally toward Norfolk Island or New Zealand. However, 1 female with a calf traveled the entire length of the western coast of New Caledonia (~450 km) and then west in the direction of the Chesterfield Reefs, a 19th century American (“Yankee”) whaling ground. None of the New Caledonia whales traveled to or toward eastern Australia, which is broadly consistent with the low rate of interchange observed from photo-identification comparisons between these 2 areas. The connections between New Caledonia and New Zealand, together with the relatively low numbers of whales seen in these places generally, support the idea that whales from these 2 areas constitute a single population that remains small and unrecovered.

Effects of irrigation on water use and water use efficiency in two fast growing Eucalyptus plantations

Eucalyptus plantations occupy almost 20 million ha worldwide and exceed 3.7 million ha in Brazil alone. Improved genetics and silviculture have led to as much as a three-fold increase in productivity in Eucalyptus plantations in Brazil and the large land area occupied by these highly productive ecosystems raises concern over their effect on local water supplies. As part of the Brazil Potential Productivity Project, we measured water use of Eucalyptus grandis x urophylla clones in rainfed and irrigated stands in two plantations differing in productivity. The Aracruz (lower productivity) site is located in the state of Espirito Santo and the Veracel (higher productivity) site in Bahia state. At each plantation, we measured stand water use using homemade sap flow sensors and a calibration curve using the clones and probes we utilized in the study. We also quantified changes in growth, leaf area and water use efficiency (the amount of wood produced per unit of water transpired). Measurements were conducted for 1 year during 2005 at Aracruz and from August through December 2005 at Veracel. Transpiration at both sites was high compared to other studies but annual estimates at Aracruz for the rainfed treatment compared well with a process model calibrated for the Aracruz site (within 10%). Annual water use at Aracruz was 1394 mm in rainfed treatments versus 1779 mm in irrigated treatments and accounted for approximately 67% and 58% of annual precipitation and irrigation inputs respectively. Increased water use in the irrigated stands at Aracruz was associated with higher sapwood area, leaf area index and transpiration per unit leaf area but there was no difference in the response of canopy conductance with air saturation deficit between treatments. Water use efficiency at the Aracruz site was also not influenced by irrigation and was similar to the rainfed treatment. During the period of overlapping measurements, the response to irrigation treatments at the more productive Veracel site was similar to Aracruz. Stand water use at the Veracel site totaled 975 mm and 1102 mm in rainfed and irrigated treatments during the 5-month measurement period respectively. Irrigated stands at Veracel also had higher leaf area with no difference in the response of canopy conductance with air saturation deficit between treatments. Water use efficiency was also unaffected by irrigation at Veracel. Results from this and other studies suggest that improved resource availability does not negatively impact water use efficiency but increased productivity of these plantations is associated with higher water use and should be given consideration during plantation management decision making processes aimed at increasing productivity. Published by Elsevier B.V.

Inhomogeneous Fermi and quantum spin systems on lattices

We study the thermodynamic properties of a certain type of space-inhomogeneous Fermi and quantum spin systems on lattices. We are particularly interested in the case where the space scale of the inhomogeneities stays macroscopic, but very small as compared to the side-length of the box containing fermions or spins. The present study is however not restricted to "macroscopic inhomogeneities" and also includes the (periodic) microscopic and mesoscopic cases. We prove that - as in the homogeneous case - the pressure is, up to a minus sign, the conservative value of a two-person zero-sum game, named here thermodynamic game. Because of the absence of space symmetries in such inhomogeneous systems, it is not clear from the beginning what kind of object equilibrium states should be in the thermodynamic limit. However, we give rigorous statements on correlations functions for large boxes. (C) 2012 American Institute of Physics. [http://dx.doi.org/10.1063/1.4763465]

Soil compressibility and least limiting water range of a constructed soil under cover crops after coal mining in Southern Brazil

The use of cover crops affects the support capacity of soil and least limiting water range to crop growth. The objective of this study was to quantify preconsolidation pressure (sigma(p)), compression index (CI) and least limiting water range (LLWR) of a reclaimed coal mining soil under different cover crops, in Candiota, RS, Brazil. In the experiment, with randomized blocks design and four replicates, the following cover crops (treatments) were evaluated: Hemarthria altissima (Poir.) Stapf & C.E. Hubbard, treatment 1 (T1), Paspalum notatum Flugge, treatment 4 (T4), Cynodon dactilon (L) Pers., treatment 5 (T5), control Brachiaria brizantha (Hochst.) Stapf, treatment 7 (T7) and without cover crop treatment 8 (reference treatment, T8). Soil compression and least limiting water range were evaluated with undisturbed samples at a depth of 0.00-0.05 m. In order to evaluate parameters of soil compressibility, the soil samples were saturated with water and subjected to -10 kPa matric potential and then submitted to a uniaxial compression test under the following pressures: 25, 50, 100, 200, 400, 800 and 1600 kPa. Cover crops decreased the preconsolidation pressure of constructed soils after coal mining and the greatest soil reclamation was obtained with the H. altissima cover crop, where the lowest degree of soil compactness and soil load capacity were observed. Soils cultivated under H. altissima or B. brizantha presented the highest least limiting water range and these two cover crops generated similar soil critical bulk density obtained by least limiting water range and soil load support capacity. (C) 2012 Elsevier B.V. All rights reserved.

Response plateau models fitting via isotonic regression

Within the nutritional context, the supplementation of microminerals in bird food is often made in quantities exceeding those required in the attempt to ensure the proper performance of the animals. The experiments of type dosage x response are very common in the determination of levels of nutrients in optimal food balance and include the use of regression models to achieve this objective. Nevertheless, the regression analysis routine, generally, uses a priori information about a possible relationship between the response variable. The isotonic regression is a method of estimation by least squares that generates estimates which preserves data ordering. In the theory of isotonic regression this information is essential and it is expected to increase fitting efficiency. The objective of this work was to use an isotonic regression methodology, as an alternative way of analyzing data of Zn deposition in tibia of male birds of Hubbard lineage. We considered the models of plateau response of polynomial quadratic and linear exponential forms. In addition to these models, we also proposed the fitting of a logarithmic model to the data and the efficiency of the methodology was evaluated by Monte Carlo simulations, considering different scenarios for the parametric values. The isotonization of the data yielded an improvement in all the fitting quality parameters evaluated. Among the models used, the logarithmic presented estimates of the parameters more consistent with the values reported in literature.

High-resolution stratigraphy of Central and Southern Adriatic Quaternary deposits of sub-Milankovian climate change on Mediterranean circulation

This volume is a collection of the work done in a three years-lasting PhD, focused in the analysis of Central and Southern Adriatic marine sediments, deriving from the collection of a borehole and many cores, achieved thanks to the good seismic-stratigraphic knowledge of the study area. The work was made out within European projects EC-EURODELTA (coordinated by Fabio Trincardi, ISMAR-CNR), EC-EUROSTRATAFORM (coordinated by Phil P. E. Weaver, NOC, UK), and PROMESS1 (coordinated by Serge Bernè, IFREMER, France). The analysed sedimentary successions presented highly expanded stratigraphic intervals, particularly for the last 400 kyr, 60 kyr and 6 kyr BP. These three different time-intervals resulted in a tri-partition of the PhD thesis. The study consisted of the analysis of planktic and benthic foraminifers’ assemblages (more than 560 samples analysed), as well as in preparing the material for oxygen and carbon stable isotope analyses, and interpreting and discussing the obtained dataset. The chronologic framework of the last 400 kyr was achieved for borehole PRAD1-2 (within the work-package WP6 of PROMESS1 project), collected in 186.5 m water depth. The proposed chronology derives from a multi-disciplinary approach, consisting of the integration of numerous and independent proxies, some of which analysed by other specialists within the project. The final framework based on: micropaleontology (calcareous nannofossils and foraminifers’ bioevents), climatic cyclicity (foraminifers’ assemblages), geochemistry (oxygen stable isotope, made out on planktic and benthic records), paleomagnetism, radiometric ages (14C AMS), teprhochronology, identification of sapropel-equivalent levels (Se). It’s worth to note the good consistency between the oxygen stable isotope curve obtained for borehole PRAD1-2 and other deeper Mediterranean records. The studied proxies allowed the recognition of all the isotopic intervals from MIS10 to MIS1 in PRAD1-2 record, and the base of the borehole has been ascribed to the early MIS11. Glacial and interglacial intervals identified in the Central Adriatic record have been analysed in detail for the paleo-environmental reconstruction, as well. For instance, glacial stages MIS6, MIS8 and MIS10 present peculiar foraminifers’ assemblages, composed by benthic species typical of polar regions and no longer living in the Central Adriatic nowadays. Moreover, a deepening trend in the paleo-bathymetry during glacial intervals was observed, from MIS10 (inner-shelf environment) to MIS4 (mid-shelf environment).Ten sapropel-equivalent levels have been recognised in PRAD1-2 Central Adriatic record. They showed different planktic foraminifers’ assemblages, which allowed the first distinction of events occurred during warm-climate (Se5, Se7), cold-climate (Se4, Se6 and Se8) and temperate-intermediate-climate (Se1, Se3, Se9, Se’, Se10) conditions, consistently with literature. Cold-climate sapropel equivalents are characterised by the absence of an oligotrophic phase, whereas warm-temeprate-climate sapropel equivalents present both the oligotrophic and the eutrophic phases (except for Se1). Sea floor conditions vary, according to benthic foraminifers’ assemblages, from relatively well oxygenated (Se1, Se3), to dysoxic (Se9, Se’, Se10), to highly dysoxic (Se4, Se6, Se8) to events during which benthic foraminifers are absent (Se5, Se7). These two latter levels are also characterised by the lamination of the sediment, feature never observed in literature in such shallow records. The enhanced stratification of the water column during the events Se8, Se7, Se6, Se5, Se4, and the concurring strong dilution of shallow water, pointed out by the isotope record, lead to the hypothesis of a period of intense precipitation in the Central Adriatic region, possibly due to a northward shift of the African Monsoon. Finally, the expression of Central Adriatic PRAD1-2 Se5 equivalent was compared with the same event, as registered in other Eastern Mediterranean areas. The sequence of substantially the same planktic foraminifers’ bioevents has been consistently recognised, indicating a similar evolution of the water column all over the Eastern Mediterranean; yet, the synchronism of these events cannot be demonstrated. A high resolution analysis of late Holocene (last 6000 years BP) climate change was carried out for the Adriatic area, through the recognition of planktic and benthic foraminifers’ bioevents. In particular, peaks of planktic Globigerinoides sacculifer (four during the last 5500 years BP in the most expanded core) have been interpreted, based on the ecological requirements of this species, as warm-climate, arid intervals, correspondent to periods of relative climatic optimum, such as, for instance, the Medieval Warm Period, the Roman Age, the Late Bronze Age and the Copper Age. Consequently, the minima in the abundance of this biomarker could correspond to relatively cooler and more rainy periods. These conclusions are in good agreement with the isotopic and the pollen data. The Last Occurrence (LO) of G. sacculifer has been dated in this work at an average age of 550 years BP, and it is the best bioevent approximating the base of the Little Ice Age in the Adriatic. Recent literature reports the same bioevent in the Levantine Basin, showing a rather consistent age. Therefore, the LO of G. sacculifer has the potential to be extended to all the Eastern Mediterranean. Within the Little Ice Age, benthic foraminifer V. complanata shows two distinct peaks in the shallower Adriatic cores analysed, collected hundred kilometres apart, inside the mud belt environment. Based on the ecological requirements of this species, these two peaks have been interpreted as the more intense (cold and rainy) oscillations inside the LIA. The chronologic framework of the analysed cores is robust, being based on several range-finding 14C AMS ages, on estimates of the secular variation of the magnetic field, on geochemical estimates of the activity depth of 210Pb short-lived radionuclide (for the core-top ages), and is in good agreement with tephrochronologic, pollen and foraminiferal data. The intra-holocenic climate oscillations find out in the Adriatic have been compared with those pointed out in literature from other records of the Northern Hemisphere, and the chronologic constraint seems quite good. Finally, the sedimentary successions analysed allowed the review and the update of the foraminifers’ ecobiostratigraphy available from literature for the Adriatic region, thanks to the achievement of 16 ecobiozones for the last 60 kyr BP. Some bioevents are restricted to the Central Adriatic (for instance the LO of benthic Hyalinea balthica , approximating the MIS3/MIS2 boundary), others occur all over the Adriatic basin (for instance the LO of planktic Globorotalia inflata during MIS3, individuating Dansgaard-Oeschger cycle 8 (Denekamp)).

Simulazione numerica di fenomeni aeroelastici con applicazione alle strutture civili

Il presente lavoro tratta lo studio dei fenomeni aeroelastici di interazione fra fluido e struttura, con il fine di provare a simularli mediante l’ausilio di un codice agli elementi finiti. Nel primo capitolo sono fornite alcune nozioni di fluidodinamica, in modo da rendere chiari i passaggi teorici fondamentali che portano alle equazioni di Navier-Stokes governanti il moto dei fluidi viscosi. Inoltre è illustrato il fenomeno della formazione di vortici a valle dei corpi tozzi dovuto alla separazione dello strato limite laminare, con descrizione anche di alcuni risultati ottenuti dalle simulazioni numeriche. Nel secondo capitolo vengono presi in rassegna i principali fenomeni di interazione fra fluido e struttura, cercando di metterne in luce le fondamenta della trattazione analitica e le ipotesi sotto le quali tale trattazione è valida. Chiaramente si tratta solo di una panoramica che non entra in merito degli sviluppi della ricerca più recente ma fornisce le basi per affrontare i vari problemi di instabilità strutturale dovuti a un particolare fenomeno di interazione con il vento. Il terzo capitolo contiene una trattazione più approfondita del fenomeno di instabilità per flutter. Tra tutti i fenomeni di instabilità aeroelastica delle strutture il flutter risulta il più temibile, soprattutto per i ponti di grande luce. Per questo si è ritenuto opportuno dedicargli un capitolo, in modo da illustrare i vari procedimenti con cui si riesce a determinare analiticamente la velocità critica di flutter di un impalcato da ponte, a partire dalle funzioni sperimentali denominate derivate di flutter. Al termine del capitolo è illustrato il procedimento con cui si ricavano sperimentalmente le derivate di flutter di un impalcato da ponte. Nel quarto capitolo è presentato l’esempio di studio dell’impalcato del ponte Tsing Ma ad Hong Kong. Sono riportati i risultati analitici dei calcoli della velocità di flutter e di divergenza torsionale dell’impalcato e i risultati delle simulazioni numeriche effettuate per stimare i coefficienti aerodinamici statici e il comportamento dinamico della struttura soggetta all’azione del vento. Considerazioni e commenti sui risultati ottenuti e sui metodi di modellazione numerica adottati completano l’elaborato.

Le determinanti del ricorso al debito delle piccole e medie imprese italiane: un'analisi empirica

L’analisi condotta nella tesi mira ad indagare le determinanti del debito delle piccole e medie imprese italiane: la domanda di ricerca è indirizzata a capire se la struttura finanziaria di queste ultime segue i modelli teorici sviluppati nell’ambito della letteratura di Corporate Finance o se, d’altro canto, non sia possibile prescindere dalle peculiarità delle piccole e medie imprese per spiegare il ricorso alle diverse fonti di finanziamento. La ricerca empirica effettuata nella dissertazione vuole essere un tentativo di coniugare le teorie di riferimento e le evidenze empiriche relative alle piccole e medie imprese italiane, analizzandone il comportamento attraverso lo studio del campione di dati fornito da Capitalia, relativo alla Nona Indagine per il periodo 2001-2003. Il campione in oggetto fa riferimento a circa 4000 imprese con più di 10 addetti, prevalentemente del settore manifatturiero. Per indagare le determinanti del debito nelle sue componenti più tradizionali, si sono prese in considerazione il debito commerciale e il debito bancario a breve termine come forme di finanziamento correnti mentre, tra le forme di finanziamento di medio-lungo periodo, le variabili usate sono state il ricorso al debito bancario a lungo termine e a strumenti obbligazionari. Inoltre, si è ricorso anche a misure più tradizionali di leva finanziaria, quali il rapporto di indebitamento, la proporzione tra debiti bancari, sia di breve che di lungo periodo, e l’ammontare dei finanziamenti esterni rispetto al valore dell’impresa, distinguendo anche qui, tra finanziamenti a breve e a lungo termine. L’analisi descrittiva ha mostrato il massiccio ricorso al debito bancario e, in generale, alle forme di indebitamento a breve. Le imprese di dimensioni minori, più giovani e opache tendono a ricorrere alle fonti interne e a forme di indebitamento a breve, mentre le imprese maggiormente dimensionate mostrano una struttura del debito più articolata. Questo ha suggerito la definizione di una diversa misura di debito, che tiene conto della complessità della sua struttura all’interno delle imprese, in base ad un ricorso di tipo gerarchico alle fonti di finanziamento: il grado di complessità dipende dalle tipologie e dalla quantità dei contratti di debito conclusi dall’impresa . E’ plausibile pensare che le imprese ricorrano prima alle fonti interne di finanziamento, perché prive di costi, e poi all’indebitamento nei confronti di diversi stakeholders: rispetto alla prossimità e alla facilità dell’ottenimento del finanziamento, è sembrato naturale pensare che un’impresa ricorra dapprima al debito commerciale, poi al debito bancario e solo infine all’emissione di obbligazioni, in un ordine gerarchico. Ne consegue che se un’impresa (non) ha contratto debiti con fornitori, banche e mercato, la complessità della struttura del suo debito è massima (nulla). L’analisi econometrica successiva è stata indirizzata in tre direzioni. In primis, l’analisi longitudinale dei dati è stata volta ad evidenziare se la struttura finanziaria delle PMI risponde ad un particolare modello teorico, in accordo con le teoria tradizionali di riferimento. In secondo luogo, l’analisi delle determinanti si è allargata allo studio degli aspetti peculiari delle imprese medio-piccole. Infine, si è indagato se, nell’ambito delle imprese di dimensioni minori, si osservano comportamenti omogenei oppure se determinate scelte nelle fonti di finanziamento sono da ricondurre all’esistenza di alcuni vincoli. Quindi, partendo dalla rassegna dei principali riferimenti nella letteratura, costituiti dalla Trade-off theory (Modigliani e Miller, 1963, De Angelo e Masulis, 1980, Miller, 1977), dalla Pecking order theory (Myers 1984, Myers e Majluf, 1984) e dalla Financial growth cycle theory (Berger e Udell, 1998), una prima serie di analisi econometriche è stata rivolta alla verifica empirica delle teorie suddette. Una seconda analisi mira, invece, a capire se il comportamento delle imprese possa essere spiegato anche da altri fattori: il modello del ciclo di vita dell’impresa, mutuato dalle discipline manageriali, così come il contesto italiano e la particolarità del rapporto bancaimpresa, hanno suggerito l’analisi di altre determinanti al ricorso delle diverse fonti di debito. Di conseguenza, si sono usate delle opportune analisi econometriche per evidenziare se la struttura proprietaria e di controllo dell’impresa, il suo livello di complessità organizzativa possano incidere sulla struttura del debito delle imprese. Poi, si è indagato se il massiccio ricorso al debito bancario è spiegato dalle peculiarità del rapporto banca-impresa nel nostro Paese, rintracciabili nei fenomeni tipici del relationship lending e del multiaffidamento. Ancora, si sono verificati i possibili effetti di tale rapporto sulla complessità della struttura del debito delle imprese. Infine, l’analisi della letteratura recente sulla capital structure delle imprese, l’approccio sviluppato da Fazzari Hubbard e Petersen (1988) e Almeida e Campello (2006 , 2007) ha suggerito un ultimo livello di analisi. La presenza di vincoli nelle decisioni di finanziamento, legati essenzialmente alla profittabilità, alla dimensione delle imprese, alle sue opportunità di crescita, e alla reputazione verso l’esterno, secondo la letteratura recente, è cruciale nell’analisi delle differenze sistematiche di comportamento delle imprese. Per di più, all’interno del lavoro di tesi, così come in Almeida e Campello (2007), si è ipotizzato che la propensione agli investimenti possa essere considerata un fattore endogeno rispetto alla struttura del debito delle imprese, non esogeno come la letteratura tradizionale vuole. Per questo motivo, si è proceduto ad un ultimo tipo di analisi econometrica, volta a rilevare possibili differenze significative nel comportamento delle imprese rispetto al ricorso alle fonti di finanziamento a titolo di debito: nel caso in cui esse presentino una dimensione contenuta, una bassa redditività e una scarsa reputazione all’esterno infatti, vi dovrebbe essere un effetto di complementarietà tra fonti interne ed esterne. L’effetto sarebbe tale per cui non sussisterebbe, o per lo meno non sarebbe significativa, una relazione negativa tra fonti interne ed esterne. Complessivamente, i risultati delle analisi empiriche condotte, supportano sia le teorie classiche di riferimento nell’ambito della disciplina della Corporate finance, sia la teoria proposta da Berger e Udell (1998): le variabili che risultano significative nella spiegazione della struttura del debito sono principalmente quelle relative alla dimensione, all’età, al livello e alla qualità delle informazioni disponibili. Inoltre, il ricorso a fonti interne risulta essere la primaria fonte di finanziamento, seguita dal debito. Il ricorso a fonti esterne, in particolare al debito bancario, aumenta quanto più l’impresa cresce, ha una struttura solida e la capacità di fornire delle garanzie, e ha una reputazione forte. La struttura del debito, peraltro, diventa più complessa all’aumentare della dimensione, dell’età e del livello di informazioni disponibili. L’analisi della struttura proprietaria e della componente organizzativa all’interno delle imprese ha evidenziato principalmente che la struttura del debito aumenta di complessità con maggiore probabilità se la proprietà è diffusa, se vi è un management indipendente e se la piramide organizzativa è ben definita. Relativamente al rapporto banca-impresa, i principali risultati mostrano che l’indebitamento bancario sembra essere favorito dai fenomeni di relationship lending e dal multiaffidamento. Tali peculiarità assumono tratti diversi a seconda della fase del ciclo di vita delle imprese della Nona Indagine. Infine, per quanto attiene all’ultima tipologia di analisi condotta, le evidenze empiriche suggeriscono che le piccole e medie imprese possano essere soggette a delle restrizioni che si riflettono nell’ambito delle loro politiche di investimento. Tali vincoli, relativi alla dimensione, ai profitti conseguiti e alla reputazione all’esterno, aiutano a spiegare le scelte di finanziamento delle PMI del campione.

Persistent currents in quantum rings

In this thesis, three different types of quantum rings arestudied. These are quantum rings with diamagnetic,paramagnetic or spontaneous persistent currents. It turns out that the main observable to characterizequantum rings is the Drude weight. Playing a key role inthis thesis, it will be used to distinguish betweendiamagnetic (positive Drude weight) and paramagnetic(negative Drude weight) ring currents. In most models, theDrude weight is positive. Especially in the thermodynamiclimit, it is positive semi-definite. In certain modelshowever, intuitivelysurprising, a negative Drude weight is found. This rareeffect occurs, e.g., in one-dimensional models with adegenerate ground state in conjunction with the possibilityof Umklapp scattering. One aim of this thesis is to examineone-dimensional quantum rings for the occurrence of anegative Drude weight. It is found, that the sign of theDrude weight can also be negative, if the band structurelacks particle-hole symmetry. The second aim of this thesis is the modeling of quantumrings intrinsically showing a spontaneous persistentcurrent. The construction of the model starts from theextended Hubbard model on a ring threaded by anAharonov-Bohm flux. A feedback term through which thecurrent in the ring can generate magnetic flux is added.Another extension of the Hamiltonian describes the energystored in the internally generated field. This model isevaluated using exact diagonalization and an iterativescheme to find the minima of the free energy. The quantumrings must satisfy two conditions to exhibit a spontaneousorbital magnetic moment: a negative Drude weight and aninductivity above the critical level. The magneticproperties of cyclic conjugated hydrocarbons likebenzene due to electron delocalization [magnetic anisotropy,magnetic susceptibility exaltation, nucleus-independent chemical shift (NICS)]---that have become important criteriafor aromaticity---can be examined using this model. Corrections to the presented calculations are discussed. Themost substantial simplification made in this thesis is theneglect of the Zeeman interaction of the electron spins withthe magnetic field. If a single flux tube threads a quantumring, the Zeeman interaction is zero, but in mostexperiments, this situation is difficult to realize. In themore realistic situation of a homogeneous field, the Zeemaninteraction has to be included, if the electrons have atotal spin component in the direction of the magnetic field,or if the magnetic field is strong.