Analysis of the effects of the global financial crisis on the Turkish economy, using hierarchical methods

We have analyzed the topology of 50 important Turkish companies for the period 2006-2010 using the concept of hierarchical methods (the minimal spanning tree (MST) and hierarchical tree (HT)). We investigated the statistical reliability of links between companies in the MST by using the bootstrap technique. We also used the average linkage cluster analysis (ALCA) technique to observe the cluster structures much better. The MST and HT are known as useful tools to perceive and detect global structure, taxonomy, and hierarchy in financial data. We obtained four clusters of companies according to their proximity. We also observed that the Banks and Holdings cluster always forms in the centre of the MSTs for the periods 2006-2007, 2008, and 2009-2010. The clusters match nicely with their common production activities or their strong interrelationship. The effects of the Automobile sector increased after the global financial crisis due to the temporary incentives provided by the Turkish government. We find that Turkish companies were not very affected by the global financial crisis.     

Fundamental relationships between deformation-induced surface roughness,critical strain localisation and failure in AA5754-O

This research employs two approaches to characterise the apparent structure observed in localised strain maps constructed from surface topography data acquired from AA5754-O sheet stock that was deformed in three in-plane stretching modes. The first uses a conventional two-point autocorrelation function (ACF), while the second uses the combination of the eigenvalue spectrum associated with each map and information theory. The results from the ACF analysis are inconclusive, implying that this technique lacks the sensitivity necessary to quantify the relationships between multi-point clustering and strain localisation. The information theory-based approach reveals that the relative spectral entropy increases monotonically, attains a maximum and then decreases sharply to the failure strain. This behaviour occurs in all three strain modes and results from two competing processes: one where the formation of structure is favourable and one where it is not. The crossover point is a clear indicator of the onset of critical strain localisation and, therefore, can be regarded as a precursor to failure because once the dominant process shifts, additional strain results in the precipitate formation of a critical strain localisation event.     

Vibration transmission between coupled plates using finite element methods and statistical energy analysis. Part 2: The effect of window apertures in masonry flanking walls

Part 1 of this paper demonstrated the validity of predictions of vibration transmission across junctions of masonry walls using Finite Element Methods (FEM). Part 2 uses numerical experiments with FEM to calculate the vibration transmission between masonry walls with window apertures at different positions in the flanking wall(s). Results from the numerical experiments are used to assess a simple “rule-of-thumb” estimate for calculating the change in the coupling parameters due to the introduction of an aperture into a flanking wall. Conclusions are drawn concerning use of the “rule-of-thumb” estimate for the coupling loss factor in Statistical Energy Analysis and the vibration reduction index in European standard EN 12354.