Leverage instability and persistence: Evidence from the United States and Europe

We find that leverage behavior both in level and time-series variation is very similar between the United States and Europe throughout the 1990-2013 period. Leverage regimes are simultaneously unstable and persistent for both regions. We define instability as the extent to which firms largely deviate from their long-term leverage mean, while persistence as the extent to which today’s leverage influences its future levels. We then show that this simultaneous evidence imply a mean-reversion behavior of leverage and discuss some of its implications for future research on this field.

Simulation of humidity fields in concrete: experimental validation and parameter estimation

The moisture content in concrete structures has an important influence in their behavior and performance. Several vali-dated numerical approaches adopt the governing equation for relative humidity fields proposed in Model Code 1990/2010. Nevertheless there is no integrative study which addresses the choice of parameters for the simulation of the humidity diffusion phenomenon, particularly in concern to the range of parameters forwarded by Model Code 1990/2010. A software based on a Finite Difference Method Algorithm (1D and axisymmetric cases) is used to perform sensitivity analyses on the main parameters in a normal strength concrete. Then, based on the conclusions of the sensi-tivity analyses, experimental results from nine different concrete compositions are analyzed. The software is used to identify the main material parameters that better fit the experimental data. In general, the model was able to satisfactory fit the experimental results and new correlations were proposed, particularly focusing on the boundary transfer coeffi-cient.

Parameter identification of the fermentative production of fructo-oligosaccharides by Aureobasidium pullulans

In this study, a mathematical model for the production of Fructo-oligosaccharides (FOS) by Aureobasidium pullulans is developed. This model contains a relatively large set of unknown parameters, and the identification problem is analyzed using simulation data, as well as experimental data. Batch experiments were not sufficiently informative to uniquely estimate all the unknown parameters, thus, additional experiments have to be achieved in fed-batch mode to supplement the missing information. © 2015 IEEE.

Programa com abordagem probabilística do sistema de avaliação de qualidade de taludes Slope Quality Index (SQI)

Dissertação de mestrado integrado em Engenharia Civil

The appraisal of anaerobic digestion in Ireland to develop improved designs and operational practice

Mesophilic Anaerobic Digestion treating sewage sludge was investigated at five full-scale sewage treatment plants in Ireland. The anaerobic digestion plants are compared and evaluated in terms of design, equipment, operation, monitoring and management. All digesters are cylindrical, gas mixed and heated Continuously Stirred Tank Reactors (CSTR), varying in size from 130m3 to 800m3. Heat exchanger systems heat all digesters. Three plants reported difficulties with the heating systems ranging from blockages to insufficient insulation and design. Exchangers were modified and replaced within one year of operation at two plants. All but one plant had Combined Heat and Power (CHP) systems installed. Parameter monitoring is a problem at all plants mainly due to a lack of staff and knowledge. The plant operators consider pH and temperature the most important parameters to be measured in terms of successful monitoring of an anaerobic digester. The short time taken and the ease at which pH and temperature can be measured may favour these parameters. Three laboratory scale pilot anaerobic digesters were operated using a variety of feeds over at 144-day period. Two of the pilots were unmixed and the third was mechanically mixed. As expected the unmixed reactors removed more COD by retention of solids in the digesters but also produced greater quantities of biogas than the mixed digester, especially when low solids feed such as whey was used. The mixed digester broke down more solids due to the superior contact between the substrate and the biomass. All three reactors showed good performance results for whey and sewage solids. Scum formation occurred giving operational problems for mixed and unmixed reactors when cattle slurry was used as the main feed source. The pilot test was also used to investigate which parameters were the best indicators of process instability. These trials clearly indicated that total Volatile Fatty Acid (VFA) concentrations was the best parameter to show signs of early process imbalance, while methane composition in the biogas was good to indicate possible nutrient deficiencies in the feed and oxygen shocks. pH was found to be a good process parameter only if the wastewater being treated produced low bicarbonate alkalinities during treatment.

Modellierung und Simulation polydisperser Wassernebel in der Brandbekämpfung unter Berücksichtigung stochastischer Parameter

Magdeburg, Univ., Fak. für Verfahrens- und Systemtechnik, Diss., 2011

Instability of excitation waves induced by electrical fields

Pyrogallol, uncatalyzed bromate oscillator, electric field, pulse wave, Belousov-Zhabotinsky reaction, reversal

Entwicklung einer Impulsmethode zur Ermittlung thermodynamischer und reaktionskinetischer Parameter in der heterogenen Katalyse

Heterogeneous catalysis, homogeneous catalysis, adsorption equilibrium, reaction kinetics, impulse method, hydrolysis of methyl formate, production of formic acid

mögliche Rolle CGRP-immunreaktiver thalamo-amygdalärer Projektionen bei der durch Emotionen hervorgerufenen Veränderung vegetativer Parameter

CGRP amygdala thalamus fear blood pressure heart rate body temperature telemetry tracing projections

Klinische Parameter und Laborprofile bei der Abklärung des Verdachts auf eine Heparin-induzierte Thrombozytopenie (HIT) Typ II bei Patienten nach herzchirurgischen Eingriffen

Magdeburg, Univ., Med. Fak., Diss., 2012

Anwendung des EM-Algorithmus zur Schätzung der Parameter von Fluoreszenzlebensdauerfunktionen

Die Bachelorarbeit behandelt die Schätzung der Parameter von Fluoreszenzlebensdauerfunktionen mit Hilfe des EM-Algorithmus. Dabei wird der Algorithmus sowohl auf simulierte als auch auf gemessene Daten angewandt. Die Schätzung der Parameter erfolgt zunächst global für die gesamte Probe mit Hilfe eines Simplex-Verfahrens, um dann das Verhältnis der Komponenten der Fluoreszenzlebensdauer, also die Wahrscheinlichkeit, mit der ein Photon von einer Komponente stammt, für jedes Pixel eines Bildes durch den EM-Algorithmus zu bestimmen. Die Messungen liegen als Anzahl der gemessenen Photonen in diskreten Zeitintervallen vor, dabei fehlt jedoch die Information, wie viele der Photonen in einem der Intervalle zu einer Komponente gehören. Durch die Nutzung bedingter Erwartungswerte ist der EM-Algorithmus in der Lage, ohne Verzerrung mit diesen unbekannten Daten umzugehen. Weiterhin wird die Schätzung dadurch erschwert, dass die Daten durch Faltung der Fluoreszenzlebensdauerfunktion mit einer so genannten Apparatefunktion zustandekommen und das Modell somit sehr komplex wird. Auch für dieses Problem wird im Laufe der Arbeit eine Lösung vorgestellt.

Optimal experimental design for parameter identification and model selection

Magdeburg, Univ., Fak. für Elektrotechnik und Informationstechnik, Diss., 2014

Untersuchungen zur Perzeption musikalischer Parameter von Cochlea-Implantat-Trägern mit den Sprachkodierungsstrategien ACE und MP3000 im Vergleich zu normalhörenden Probanden

Magdeburg, Univ., Med. Fak., Diss., 2014

Aging and growth parameter from the Piaractus mesopotamicus (pacu) from the Cuiabá river, Mato Grosso, Brazil

This study has aims to determine the age and to estimate the growth parameters using scales of the species. Individuals of Piaractus mesopotamicus (Holmberg, 1887) used in this study were captured in the commercial fishery conducted in the region, along the year 2006. The model selected to express the growth of the species was the von Bertalanffy Sl= Sl∞*[1-exp-k(t-to)]. To determine if scales are suitable for studying the growth of pacu, we analyzed the relation between standard length (Sl) and the radius of the scales through linear regression. The period of annuli formation was determined analyzing the variations in the marginal increment and evaluating the consistency of the readings through the analysis of the coefficient of variations (CVs) for the average standard lengths of each age (number of rings) observed in the scales. The relationship between Ls of the fish and the radius of the scales showed that scales can be used to study the age and growth of P. mesopotamicus (R= 0.79). CVs were always below 20%, demonstrating the consistency of the readings. Annuli formation occurred in February, probably related to trophic migration that occurs in this month in the region. Equations that represents the growth in length obtained for P. mesopotamicus are Sl=50.00*[1-exp-0.18(t-(-3.00)] for males and Sl=59.23*[1-exp-0.14(t-(-3.36)] for females. The growth parameters obtained in this study were lower compared to other studies previously conducted for the same species and can related to overexploitation that species is submitted by fishing in the region. These values show also that females of pacu attain greater asymptotic length than males that growth faster.

Chaotic dynamics in credit constrained emerging economies

This paper analyzes the role of financial development as a source of endogenous instability in small open economies. By assuming that firms face credit constraints, our model displays a complex dynamic behavior for intermediate values of the parameter representing the level of financial development of the economy. The basic implication of our model is that economies experiencing a process of financial development are more unstable than both very underdeveloped and very developed economies. Our instability concept means that small shocks have a persistent effect on the long run behavior of the model and also that economies can exhibit cycles with a very high period or even chaotic dynamic patterns.