In this study, a multiscale neural network learning paradigm based on empirical mode decomposition (EMD) is proposed for crude oil price prediction. In this learning paradigm, the original price series are first decomposed into various independent intrinsic mode components (IMCs) with a range of frequency scales. Then the internal correlation structures of different IMCs are explored by neural ...

This paper aims to optimize the Central Bank transparency level which corresponds to the minimum of output volatility in 28 states of the Organization of Islamic Cooperation (due to the maximum data availability) during the period 2003-2014. For this purpose, the Dincer-Eichengreen index is used, which includes five aspects covering political, economic, procedural, policy, and operational trans...

Regular fish or fish oil intake is associated with a low incidence of heart failure clinically, and fish oil-induced reduction in cardiac remodelling seen in hypertrophy models may contribute. We investigated whether improved cardiac energy efficiency in non-hypertrophied hearts translates into attenuation of cardiac dysfunction in hypertrophied hearts. Male Wistar rats (n 33) at 8 weeks of age...

We estimate the effects of oil price changes on inflation for the United States, United Kingdom, France, Germany, and Japan using an augmented Phillips curve framework. We supplement the traditional Phillips curve approach taking into account the growing body of evidence suggesting that oil prices may have asymmetric and nonlinear effects on output and that structural instabilities may exist in...

This study seeks to explain why crude oil prices fluctuate, the main cause being the quota regime, which characterises the OPEC agreements. Given that the Saudi oil supply is inelastic in the short term, a shock in the oil market is accommodated by an immediate price change. In contrast, a dominant firm behaviour in the long term causes an output change, which is accompanied by a smaller price ...

The oil in the pipelines must be heated to a certain temperature in some oil fields in north of China. Otherwise, the oil will freeze because of much paraffin mixed in it. A method to detect the direction of the pipeline underground accurately is described in the paper. The temperature of the pipelines can conduct to the surface of the soil and be detected by an uncooled focal plane arrays (UFP...

A fully automated system for the identification of possible oil spills present on Synthetic Aperture Radar (SAR) satellite images based on artificial intelligence fuzzy logic has been developed. Oil spills are recognized by experts as dark patterns of characteristic shape, in particular context. The system analyzes the satellite images and assigns the probability of a dark image shape to be an ...

I extend the Atkeson and Kehoe (1999) putty-clay model to include elastic labor supply and more general forms of technology to explore the impact of oil shocks on the macroeconomy. In particular, I am interested in (1) how this extension affects their results with regard to permanent changes in the price of oil, (2) a comparison of the business cycle properties of the putty-putty and putty-clay...

The recent performance of the Scottish economy has been variable. After the recession of 1979 to 1981 both the Scottish and UK economies exhibited positive growth, with the index of industrial production and construction rising by 8.7% and 11.8%, respectively, to the end of 1985. However, in 1986 the relative performance of the Scottish economy deteriorated. The index fell 3% below that achieve...

A study on sea oil slick observation by means of Lband polarimetric synthetic aperture radar (SAR) data is accomplished. It is based on the different sea surface scattering mechanism expected with and without surface slicks. Polarimetric measurements are processed by means of a simple and very effective filtering technique which is electromagnetically based on the Mueller scattering matrix. Mor...