Asymmetric responses of international stock markets to trading volume

The major goal of this paper is to examine the hypothesis that stock returns and return volatility are asymmetric, threshold nonlinear, functions of change in trading volume. A minor goal is to examine whether return spillover effects also display such asymmetry. Employing a double-threshold GARCH model with trading volume as a threshold variable, we find strong evidence supporting this hypothesis in five international market return series. Asymmetric causality tests lend further support to our trading volume threshold model and conclusions. Specifically, an increase in volume is positively associated, while decreasing volume is negatively associated, with the major price index in four of the five markets. The volatility of each series also displays an asymmetric reaction, four of the markets display higher volatility following increases in trading volume. Using posterior odds ratio, the proposed threshold model is strongly favored in three of the five markets, compared to a US news double threshold GARCH model and a symmetric GARCH model. We also find significant nonlinear asymmetric return spillover effects from the US market.     

基于悬臂梁调谐技术的光纤光栅无源振动监测

采用匹配光纤光栅设计了一种结构简单的振动信号无源监测装置.该装置利用悬臂梁调谐技术能够将微小振动信号转化为光电探测器可探测的光强信号,利用示波器实现实时监测.实验中对振幅为3mm的简谐振动信号进行了监测,测量结果与振动频率一致,可测量7～20Hz的振动,信噪比不低于14.9dB.监测频率受限是因为悬臂梁的性质,如采用金属材料或者采用齿轮组对转子进行减速,该装置可探测更高的频率.     

F-H实验仪与光栅光谱仪连用观测253.7nm谱线

通过F-H实验仪和光栅光谱仪的连用，可实时观测汞原子从6s6s1So态激发到6s6sSP1态，退激时，辐射出能量为4．9eV的光量子，其波长为253．7nm．     

Focused ion beam Moiré method

A focused ion beam (FIB) Moiré method is proposed to measure the in-plane deformation of object in a micrometer scale. The FIB Moiré is generated by the interference between a prepared specimen grating and FIB raster scan lines. The principle of the FIB Moiré is described. The sensitivity and accuracy of deformation measurement are discussed in detail. Several specimen gratings with 0.14 and 0.20 μm spacing are used to generate FIB Moiré patterns. The FIB Moiré method is successfully used to measure the residual deformation in a micro-electro-mechanical system structure after removing the SiO₂ sacrificial layer with a 5000 lines/mm grating. The results demonstrate the feasibility of this method.     

高斯光束计算平板波导自由传输区远场分布及其修正

对近轴近似条件下求解亥姆霍兹方程得到的高斯光束显式传播公式做了分析，同时，基于基尔霍夫衍射理论，在菲涅耳近似的条件下给出了相应的高斯光束在远场的传播公式，在此基础上，对近轴近似条件做出了定量分析，给出了这个近似条件引入的误差，提出了一种计算高斯光束远场分布的修正方法，并采用有限差分-光束传播方法(FD-BPM)来检验各种方法的准确性。把这种修正方法应用到平面光集成波导器件，如阵列波导光栅(AWG)、蚀刻衍射光栅(EDG)等器件的设计和模拟中，可以大大降低工作的复杂性，同时可以得到精确的结果。     

UPWIND FINITE VOLUME SCHEMES FOR SEMICONDUCTOR DEVICE

The mathematical model of semiconductor devices is described by the initial boundary value problem of a system of three nonlinear partial differential equations. One equation in elliptic form is for the electrostatic potential; two equations of convection-dominated diffusion type are for the electron and hole concentrations. Finite volume element procedure are put forward for the electrostatic potential, while upwind     

沪深股市回报率、波动率和交易量关系的实证研究

本文首先对回报率与交易量之间的关系进行了研究,发现并不存在非对称的数量关系,但存在双向的葛兰杰因果关系;同时将交易量对波动率的解释能力进行了研究,发现在沪市交易量对波动率具有解释力,而在深市交易量对波动率没有解释力。     

Sparse-grid finite-volume multigrid for 3D-problems

We introduce a multigrid algorithm for the solution of a second order elliptic equation in three dimensions. For the approximation of the solution we use a partially ordered hierarchy of finite-volume discretisations. We show that there is a relation with semicoarsening and approximation by more-dimensional Haar wavelets. By taking a proper subset of all possible meshes in the hierarchy, a sparse grid finite-volume discretisation can be constructed.The multigrid algorithm consists of a simple damped point-Jacobi relaxation as the smoothing procedure, while the coarse grid correction is made by interpolation from several coarser grid levels.The combination of sparse grids and multigrid with semi-coarsening leads to a relatively small number of degrees of freedom,N, to obtain an accurate approximation, together with anO(N) method for the solution. The algorithm is symmetric with respect to the three coordinate directions and it is fit for combination with adaptive techniques.To analyse the convergence of the multigrid algorithm we develop the necessary Fourier analysis tools. All techniques, designed for 3D-problems, can also be applied for the 2D case, and — for simplicity — we apply the tools to study the convergence behaviour for the anisotropic Poisson equation for this 2D case.     

在相干理论的基础上分析光栅成像

本文在相干理论的基础上,推导了光栅成像中的光强分布和物像位置关系,并给出一组具有不同参数的实验照片及一组借助计算机绘制的强度分布图。     

Production and characterization of refractive index gratings in high-birefringence fibre optics

In this work, we report production and modelling of both Bragg gratings and rocking filters in high birefringence fibre optics. Bragg gratings are produced by UV (257.0 nm) external interferometric exposition of a frequency-doubled Ar⁺ ion laser, whereas for rocking filters formation the visible Ar⁺ ion laser lines in 488.0 and 514.5 nm are used in an internal method. The spectral characteristics due to the birefringence properties are studied through numerical methods and experimental techniques. The spectral responsivity of the structures under temperature changes and stress application is presented.