A Survey on Explicit Representation Formulae for Fundamental Solutions of Linear Partial Differential Operators

In the present article, we aim at treating the existence of fundamental solutions of linear partial differential operators with constant coefficients from the viewpoint of setting up explicit formulae yielding fundamental solutions.     

On the spectra of finite-dimensional quadratic Bose operators

A complete study of the spectrum of a finite-dimensional Bose operator is carried out in the paper. The cases in which the spectrum is discrete or continuous are studied. Translated fromMatematicheskie Zametki, Vol. 61, No. 6, pp. 835–854, June, 1997. Translated by A. M. Chebotarev     

Assessing the Error Probability of the Model Selection Test

The asymptotic error probability of Linhart's model selection test isevaluated, and compared with the nominal significance level. We examine thecase where the expected discrepancies of the candidate models from the truemodel are asymptotically equal. The local alternatives method is employed inthe limiting operation of the asymptotic evaluation. Although the errorprobability under the null hypothesis is actually shown to be equal to orless than the level for most situations, intolerable violations of the errorcontrol are observed for nested models: It is often erroneously concludedthat the smaller model is significantly better than the larger model. Toprevent this violation, a modification of Linhart's test statistic isproposed. The effectiveness of the proposed test is confirmed throughtheoretical analysis and numerical simulations.     

Spectral Theory for Slowly Oscillating Potentials II. Schrödinger Operators

This paper continues the investigation about the singularity theory in dual rich quasi–Banach spaces given in T. Runst [Ru 2]. The abstract results are applied to the study of the solution structure of semilinear elliptic boundary value problems in spaces of Besov – Triebel – Lizorkin type.     

A Deformation-Theoretical Approach to Weyl Quantization on Riemannian Manifolds

By using a sheaf-theoretical language, we introduce a notion of deformation quantization allowing not only for formal deformation parameters but also for real or complex ones as well. As a model for this approach to deformation quantization, we construct a quantization scheme for cotangent bundles of Riemannian manifolds. Here, we essentially use a complete symbol calculus for pseudodifferential operators on a Riemannian manifold. Depending on a scaling parameter, our quantization scheme corresponds to normally ordered, Weyl or antinormally ordered quantization. Finally, it is shown that our quantization scheme induces a family of pairwise isomorphic strongly closed star products on a cotangent bundle.     

D—AKNS族的换位表示

本文根据曹策问教授的想法,求得了与D-AKNS族发展方程相联系的特征值之泛函梯度与Lenard算子对;并由此得到了D-AKNS族非线性发展方程的换位表示。文末还讨论了换位表示与定态D-AKNS方程之间的关系.     

我国封闭式投资基金业绩评价实证研究

随着我国基金行业超常发展,恰当的分析和评价基金业绩已越来越重要。本文根据CAPM的基本原理,利用国外先进的基金业绩评价方法对我国封闭式基金的综合业绩进行实证研究。研究结果表明:总体来看,基金获得的市场超额收益显著为负。基金经理不具有证券选择能力,但具有一定的市场择时能力,但这两种能力均不显著。同时,我们还发现不同投资风格的基金经理具有不同的证券选择能力和市场择时能力。     

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.     

Selection Principles and Sierpinski Sets

We show that a set of real numbers is a Sierpinski set if, and only if, it satisfies a selection property similar to the familiar Menger property.     

Backward extensions of subnormal operators

The concept of backward extension for subnormal weighted shifts is generalized to arbitrary subnormal operators. Several differences and similarities in these contexts are explored, with emphasis on the structure of the underlying measures.