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Initial Equilibrium (initial + equilibrium)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	60%

Selected Abstracts

Aluminium-27 NMR investigation of the influence of cation type on aluminosilicate solutions

MAGNETIC RESONANCE IN CHEMISTRY, Issue 10 2002
Naser Azizi
Abstract The effects of tetraalkylammonium (TAA) and alkali metal cations on the equilibrium distribution of aluminosilicate oligomers in aqueous alkaline aluminosilicate solutions were investigated using 27Al NMR spectra and their evolution with time. The results indicate that there are no differences in the initial equilibria involving solutions containing both TAA and alkali metal cations on the one hand and those containing alkali metal cations only. However, re-equilibration of the aluminosilicate species for TAA/Na aluminosilicates is slow (usually not detectable on the time-scale of the experiments), whereas when purely alkali metal cations are used, the spectra alter over a period of ,1 h, such that resolution is degraded substantially. In the latter case, it is suggested that the anions aggregate into larger systems, although the solutions are still clear. 29Si NMR evidence for slow equilibration of silicate and aluminosilicate solutions at higher concentrations is also discussed. Copyright © 2002 John Wiley & Sons, Ltd. [source]

The Reform of Pension Systems: Winners and Losers Across Generations in the United Kingdom and Germany

ECONOMICA, Issue 266 2000
David Miles
In this paper we perform simulations with a stylized model of the United Kingdom and Germany to show which generations might be gainers, and which losers, from a transition from an unfunded to a funded state pension system. We show that it is likely that more than one generation will be direct losers as a result of a transition (especially in Germany). If more than one generation are direct losers, then, in order for those generations not to be net losers, the chain of bequests (in the initial equilibrium) needs to satisfy a simple condition, which we derive and analyse. [source]

Merging formation and current amplification of field-reversed configuration

IEEJ TRANSACTIONS ON ELECTRICAL AND ELECTRONIC ENGINEERING, Issue 4 2007
Michiaki Inomoto Member
Abstract The merging formation of the field-reversed configuration (FRC) has been developed in the TS-3 merging experiment, leading us to a new scenario of FRC slow formation, heating and current amplification. Two force-free spheromaks with opposing toroidal fields were merged together in the axial direction to form a high-, FRC with higher efficiency than the conventional field-reversed theta-pinch method. This unique relaxation from the force-free (, , 0.05 , 0.1) spheromaks to the high-, (, , 0.7 , 1) FRC is attributed to the conversion of toroidal magnetic energy into ion thermal energy through the reconnection outflow. A central ohmic heating (OH) coil worked successfully to amplify the FRC plasma current by a factor of 2. Toroidal mode analysis of magnetic structure indicated that the tilting stability of the oblate FRC was provided by an ion kinetic effect. This oblate FRC is also useful as an initial equilibrium to produce a high-,p spherical tokamak (ST) with diamagnetic toroidal magnetic field, suggesting the close relationship between FRCs and high-,p STs in the second stable region of the ballooning mode. © 2007 Institute of Electrical Engineers of Japan. Published by John Wiley & Sons, Inc. [source]

Rich and Poor Countries in Neoclassical Trade and Growth

THE ECONOMIC JOURNAL, Issue 470 2001
Alan V. Deardorff
A neoclassical growth model provides an explanation for a ,poverty trap', ,club convergence', or ,twin peaks', in terms of specialisation and international trade. The model has many countries with identical linearly homogeneous technologies for producing three goods using capital and labour. With diverse initial endowments, initial equilibrium has unequal factor prices and two diversification cones. With savings out of wages, following Galor (1996), there may easily be multiple steady states. Poor countries converge to a low steady state while rich countries converge to a high one, even though all share identical technological and behavioural parameters. [source]

Complementarity, growth, and trade

CANADIAN JOURNAL OF ECONOMICS, Issue 3 2002
Seppo Honkapohja
We consider an endogenous growth model with international trade in complementary capital goods. The model possesses several distinct, balanced growth solutions, which we classify using stability under adaptive learning. Some of the equilibria can involve growth rates much higher than others. We show that, in addition to a small (usually positive) effect on a given equilibrium, an expansion in trade may sometimes yield a much larger, sudden jump in growth. The small effect on the initial equilibrium may reduce growth if the opportunity cost of capital rises very fast as growth accelerates. JEL Classification: F12, F15, O41 Complémentarité, croissance, et commerce international. Les auteurs utilisent un modèle de croissance endogène en présence de commerce international de biens capitaux complémentaires. Le modèle possède plusieurs solutions de croissance équilibrée distinctes que les auteurs classifient en utilisant des mesures de stabilité avec apprentissage adaptatif. Certains de ces équilibres peuvent impliquer des taux de croissance plus élevés que d'autres. Il appert qu'une expansion du commerce international, en plus d'avoir un petit effet (habituellement positif) sur un équilibre donné, peut parfois engendrer une augmentation plus forte et soudaine de la croissance. Le petit effet sur l'équilibre initial peut réduire la croissance si le coût d'opportunité du capital augmente rapidement à proportion que la croissance accélère. [source]