In this paper it has been attempted to investigate the capability of the consumption-based capital asset pricing model (CCAPM), using the general method of moment (GMM), with regard to the Epstien-zin recursive preferences model for Iran's capital market. Generally speaking, recursive utility permits disentangling of the two psychologically separate concepts of risk aversion and elasticity of i...

Coe and Helpman (1995) estimated a relationship between TFP and levels of domestic and foreign R&D capital, but couldn't provide compelling evidence of the panel eointegration needed to support their estimation strategy. This paper uses Pedroni's (1997, 1998) tests for panel cointegration in both the Coe-Helpman setup and in a framework with more cross-section heterogeneity. Criticisms of the C...

In this paper we study the acoustic properties of a microstructured material such as glass wool or foam. In our model, the solid matrix is governed by linear elasticity and the surrounding fluid obeys Stokes equations. The microstructure is assumed to be periodic at some small scale ε and the viscosity coefficient of the fluid is assumed to be of order ε. We consider the time-harmonic regime fo...

The traditional parameters used to evaluate dental composites in the laboratory have been working time, polymerization contraction, compressive, tensile, shear, and bond strength, resistance to indentation, water sorption and solubility, leakage, color stability by the 24-hour ultraviolet lamp test, and thermal coefficient of expansion. Other less well documented properties of composites are th...

PURPOSE To investigate the concurrent, face and content validity of an evaluation tool for Myofascial Adhesions in Patients after Breast Cancer (MAP-BC evaluation tool). METHODS 1) Concurrent validity of the MAP-BC evaluation tool was investigated by exploring correlations (Spearman's rank Correlation Coefficient) between the subjective scores (0 -no adhesions to 3 -very strong adhesions) of ...

This paper studies the implications for general equilibnum asset pricing of a class of Kreps-Porteus nonexpected utility preferences characterized by a constant intertemporal elasticity of substitution and a constant, but unrelated, coefficient of relative risk aversion. It is shown that relaxing the parametric restriction on tastes imposed by the time-additive expected utility specification do...

In this paper we examine how increases in intertemporal price uncertainty affect the welfare of a consumer. In the preference structure of the consumer the coefficient of relative risk aversion and the elasticity of intertemporal substitution (EIS) are parametrically independent. We find that under empirically plausible circumstances, for each given degree of risk aversion an increase in price ...

plate model, were calculated by the theory of statically indeterminate beam and the finite element method. The factors that have the greatest effect on thermal residual stress in the veneer are coefficient of thermal expansion, modulus of elasticity and thickness of the layers. The relation between these factors and thermal residual stress after firing were studied. The effect of physical and m...

In this study, the mechanical properties of normal concrete (NC) and lightweight (LC) were measured upon exposure to high temperatures (20, 100, 200, 300, 500, 700 °C). Then, analysis was conducted predict residual modulus elasticity through ultrasonic pulse velocity. Crushed granite aggregate mixed as coarse for NC coal-ash LC. The effect water-to-binder (W/B) ratio (0.41, 0.33, 0.28) on (resi...

Spatial coupling analysis, cointegration, and the Granger causality test model were adapted from a geographical perspective to analyse relationship between sci-tech talent economic growth, as well their spatial differences in Pan-Yangtze River Delta 1998 2019. The results demonstrate that centre of gravity are close each other, showing two parallel chains, there is higher overlap variation cons...