Supersonic Biplane as an Innovative Supersonic Transport Sonic boom noise inhibits the popularization of supersonic aircraft. This study is undertaken to develop a solution to this problem based on supersonic biplane theory. The feasibility of a proposed supersonic biplane concept “MISORA” presented in Fig. 1 has been investigated experimentally as well as numerically. Figure 2 shows a near-fie...

This thesis consists of three self-contained essays that investigate the interaction of asset prices and financial markets with the macroeconomy. All papers extend the existing literature in order to enhance the understanding of the strong degree of cross-linking between financial markets and the ’rest of the economy’. In particular, the thesis focuses on habitually formed preferences and Bayes...

Federal Reserve Bank of Atlanta E C O N O M I C R E V I E W Fourth Quarter 2002 T he past year has seen a dramatic decline in venture capital activity. As Chart 1 shows, investment activity has fallen by more than half in the past few quarters. Fund-raising by venture capital organizations has similarly undergone a sharp fall, and few observers expect a revival anytime soon. Already voices have...

today, real business cycles theory, subject reports, articles, letters thesis has many worldwide. it seems since the main point in the theory of business cycles is a true technology shocks, this theory can be considered a theory of economic boom. in other words this theory in describing the capabilities to create greater prosperity to recession and the anatomy of the business cycles is an asymm...

Is the stock market boom a result of the baby boom? This paper develops an overlapping generations model in which a baby boom is modeled as a high realization of a random birth rate, and the price of capital is determined endogenously by a convex cost of adjustment. A baby boom increases national saving and investment and thus causes an increase in the price of capital. The price of capital is ...

Recently the support of biofuel production has been a politically sensitive topic. Politicians have pushed for support for fuel ethanol production as an environmentally friendly alternative to imported oil, as well as a way to boost farm profits and improve rural livelihoods. Several government policies actively promote ethanol production via tax incentives and mandates, and these policies are ...

the business and industrial corporations have a major role in the trend of economic development and growth of any nations the higher achievement and successfulness of these organizations from the stand point of business firms is related to the degree of their role and income generation. in developed countries the industrial firms have achieved efficiency and profitability through internal marke...