Search results for "pur"
showing 10 items of 5529 documents
The impact of quantitative easing on UK bank lending: Why banks do not lend to businesses?
2021
Abstract The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector non-financial corporations (PNFCs), which was exacerbated with the Great Recession. Many central banks aimed to revive bank lending with quantitative easing (QE) and unconventional monetary policy. We propose an agent based computational economics (ACE) model which combines the main factors in the economic environment of QE and Basel regulatory framework to analyse why UK banks do not prioritize lending to non-financial businesses. The lower bond yields caused…
Economic Support during the COVID Crisis. Quantitative Easing and Lending Support Schemes in the UK
2021
Abstract We investigate how UK bank business lending responded to the simultaneous use of quantitative easing, leverage ratio capital requirements, and government COVID lending support schemes. We find no evidence that the Brexit wave increased lending to nonfinancial businesses, compared to the previous waves, except for QE-banks subject to the UK leverage ratio, suggesting that the ratio incentivised QE-banks to lend to businesses. The government schemes helped expand lending especially to SMEs post the COVID wave, indicating that complementing QE with other credit easing programmes can reinforce its impact on lending to the real economy. During COVID-stress, changes to the UK leverage ra…
Dynamical learning of a photonics quantum-state engineering process
2021
Abstract. Experimental engineering of high-dimensional quantum states is a crucial task for several quantum information protocols. However, a high degree of precision in the characterization of the noisy experimental apparatus is required to apply existing quantum-state engineering protocols. This is often lacking in practical scenarios, affecting the quality of the engineered states. We implement, experimentally, an automated adaptive optimization protocol to engineer photonic orbital angular momentum (OAM) states. The protocol, given a target output state, performs an online estimation of the quality of the currently produced states, relying on output measurement statistics, and determine…
FRCM systems for strengthening masonry structures
2017
Composite materials have been widely used for strengthening weak masonry buildings. Particularly, wrapping with fibre reinforced polymer (FRP) composites has become a common method for strengthening masonry members primarily subjected to compressive static loads or seismic actions. More recently, in an effort to alleviate some drawbacks associated with the use of FRP materials, fibrereinforced cementitious matrix (FRCM) composites have received a lot of interests for external strengthening of historical masonry structures. It is used as an alternative to FRP in situations where these composites have shown some disadvantages or their use is banned. This paper presents a literature review on …
Two-dimensional Banach spaces with polynomial numerical index zero
2009
We study two-dimensional Banach spaces with polynomial numerical indices equal to zero.
The 3D structure of fabric and its relationship to liquid and vapor transport
2004
Polymeric carrier fabrics are commonly used in many industrial processes including manufacture of paper and board. Apart from acting as a carrier for the compressible porous material during the manufacturing process, the synthetic woven fabrics comprising mainly of poly ethylene terypthalate (PET) yarns, impart valuable product attributes, i.e. softness, bulk, absorbency, etc. in consumer products. The three-dimensional structure of the fabrics plays a critical role in deciding the manufacturing and energy efficiency as well as product end-use properties. X-ray micro computed tomography (X-CT) provides a non-intrusive technique to visualize and analyze the three-dimensional structure of por…
Use of Density Functional Based Tight Binding Methods in Vibrational Circular Dichroism.
2018
Vibrational circular dichroism (VCD) is a spectroscopic technique used to resolve the absolute configuration of chiral systems. Obtaining a theoretical VCD spectrum requires computing atomic polar and axial tensors on top of the computationally demanding construction of the force constant matrix. In this study we evaluated a VCD model in which all necessary quantities are obtained with density functional based tight binding (DFTB) theory. The analyzed DFTB parametrizations fail at providing accurate vibrational frequencies and electric dipole gradients but yield reasonable normal modes at a fraction of the computational cost of density functional theory (DFT). Thus, by applying DFTB in comp…
“Sweet” ionic liquid gels: materials for sweetening of fuels
2018
The search for new materials to be used in desulfurisation (sweetening) of fuels is one of the main topics of current research. In this paper, we explored the possibility of using supramolecular gels obtained from the gelation of ionic liquid binary mixtures. Indeed, some ionic liquids are generally known as efficient extraction phases for desulfurisation of fuels. In rare cases, one of their main drawbacks is their partial solubility in the fuel, leading to contamination. Then, their immobilisation due to the formation of a gelatinous network may be a challenge. Ionic liquid gels were obtained by mixing certain [NTf2]−-based ionic liquids (solvents) with the ones of gluconate-based ionic l…
Energy transfer in LH2 of Rhodospirillum Molischianum, studied by subpicosecond spectroscopy and configuration interaction exciton calculations.
2001
Two color transient absorption measurements were performed on a LH2 complex from Rhodospirillum molischianum by using several excitation wavelengths (790, 800, 810, and 830 nm) and probing in the spectral region from 790 to 870 nm at room temperature. The observed energy transfer time of ∼1.0 ps from B800 to B850 at room temperature is longer than the corresponding rates in Rhodopseudomonas acidophila and Rhodobacter sphaeroides. We observed variations (0.9-1.2 ps) of B800-850 energy transfer times at different B800 excitation wavelengths, the fastest time (0.9 ps) was obtained with 800 nm excitation. At 830 nm excitation the energy transfer to the B850 ring takes place within 0.5 ps. The m…
Injection and ultrafast regeneration in dye-sensitized solar cells
2014
Injection of an electron from the excited dye molecule to the semiconductor is the initial charge separation step in dye-sensitized solar cells (DSC's). Though the dynamics of the forward injection process has been widely studied, the results reported so far are controversial, especially for complete DSC's. In this work, the electron injection in titanium dioxide (TiO2) films sensitized with ruthenium bipyridyl dyes N3 and N719 was studied both in neat solvent and in a typical iodide/triiodide (I-/I3 -) DSC electrolyte. Transient absorption (TA) spectroscopy was used to monitor both the formation of the oxidized dye and the arrival of injected electrons to the conduction band of TiO2. Emiss…