In this paper we resolve the long standing Feldstein-Horioka (FH, 1980) puzzle dynamically and explain it statistically. We first study the dynamic properties of capital mobility, and re-estimate the evolution of the FH coefficient using a time-varying-parameter model for each of 67 countries from 1970 to 2009. We find that the trend of the FH coefficient is highly consistent with increased glo...

Prediction of passive permeation rates of solutes across lipid bilayers is important to drug design, toxicology, and other biological processes such as signaling. The inhomogeneous solubility-diffusion (ISD) equation is traditionally used to relate the position-dependent potential of mean force and diffusivity to the permeability coefficient. The ISD equation is derived via the Smoluchowski equ...

In some long term studies, a series of dependent and possibly censored failure times may be observed. Suppose that the failure times have a common marginal distribution function, and inferences about it are of our interest. The main result of this paper is that of providing, under certain regularity conditions, the Kaplan-Meier estimator can be expressed as the mean of random variables, with a ...

The relative reduction of risk for all-cause mortality among the elderly has been described as attenuated compared to younger subjects, but the risk for all-cause mortality increases with age when absolute risk is considered. The objectives of the present inquiry were to calculate the relative and absolute risks of all-cause mortality based on incidence rate ratios, and summarize these risks fo...

Steady state pool boiling heat transfer coefficients have been obtained experimentally for acetone–isopropanol–water and acetone–MEK (methyl ethyl ketone)–water ternary systems. The data show that, for a given heat flux, the heat transfer coefficients of mixtures are lower than those obtained for pure components constituting the mixture. The measured heat transfer coefficients were compared wit...

The Kaplan-Meier (KM) method is used to analyze ‘time-toevent’ data. The outcome in KM analysis often includes allcause mortality, but could also include other outcomes such as the occurrence of a cardiovascular event. The purpose of this article is to explain the basic concepts of the KM method, to provide some guidance regarding the presentation of the KM results and to discuss some important...

the level of ecomomic (income or expenditure) inequality in khorasan province has been unknown. this paper tries to estimate and compare the trends of expenditure (income) inequality in khorasan province and the whole iran during 1971-2001 in two categories of urban and rural regions. for this purpose, inequality indices (gini coefficient and income deciles) were estimated parametrically. the r...

To find an optimum accelerating parameter of the SOR method is important and a difficult part of the problem. It is more difficult to estimate many optimum parameters of the GSOR method. In this talk, we propose a new algorithm to estimate the optimum parameters of the GSOR method. The key point to estimate these parameters is using a preconditioned matrix constructed by a part of the coefficie...

We estimate the Hölder exponent α of solutions to the Beltrami equation ∂f = μ∂f , where the Beltrami coefficient satisfies ‖μ‖∞ < 1. Our estimate improves the classical estimate α ≥ ‖Kμ‖ , where Kμ = (1 + |μ|)/(1 − |μ|), and it is sharp, in the sense that it is actually attained in a class of mappings which generalize the radial stretchings. Some other properties of such mappings are also prov...