We generalize the canonical permanent-transitory income process to allow for infrequent shocks. The distribution of growth rates can then have a discrete mass point at zero and fat tails as observed in data. provide analytical formulas unconditional conditional distributions higher-order moments. prove set identification results numerically validate that we simultaneously identify frequency, va...

Conventional Flux Compression Generators (FCG's) are used to generate high power DC pulses. A new kind of (FCG's) with series capacitance called Capacitive Flux Compression Generator (CFCG) will be introduced and explained in this paper. This new kind is used to generate modulated high power pulses. There are some problems to establish a capacitance in high power and high frequency applications...