55238 research outputs found

    Discount rates and cash flows: A local projection approach

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    We develop flexible local projections to quantify the relative contributions of expected discount rates and cash flows to the variation of dividend yields. Local projections enable the incorporation of large information sets, the use of monthly data along with annual data, and the consideration of time variation in the dividend yield decomposition. By expanding the set of state variables and allowing for time-varying parameters, our results show that the variation of expected discount rates remains the primary contributor to market volatility, whereas the contribution of expected cash flows is considerably smaller

    Eco-design for perovskite solar cells to address future waste challenges and recover valuable materials

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    Photovoltaic development should be steered by the circular economy. However, it is not. In case of perovskite photovoltaics even current environmental directives divert from profitably recycling. Here, we study the profitability of noble metals recovery from wasted perovskite solar cells depending on recycling routes. Our results show that substrates play a major role in the recovery of precious metals and in contrast to previous research even recycling carbon-based devices could reach profitability. Going beyond the recovery of valuable elements, our findings show that revival of the perovskite solar cells is strongly dependent on the device architecture, so far viable for mesoscopic structures with carbon back contacts. Perovskite solar cells are still at the development stage, but the window of opportunity to ensure eco-design will close with market entry, and device complexity might compromise profitability recycling and even result in failure of recovery critical materials. Therefore, its eco-design should be prioritized by materials researchers to develop devices, where valuable components can be separated and liberated with safe and low energy processes.</p

    The evolutionary history of "suboptimal" migration routes

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    Migratoriness in birds is evolutionary labile, with many examples of increasing or decreasing migration distances on the timescale of modern ornithology. In contrast, shifts of migration to more nearby wintering grounds seem to be a slow process. We examine the history of how Palearctic migratory landbirds have expanded their wintering ranges to include both tropical Africa and Asia, a process that has involved major shifts in migratory routes. We found that species with shorter migration distances and with resident populations in the Palearctic more often winter in both Africa and Asia. Our results suggest that changes in wintering grounds are not by long-distance migrant populations per se, but through historic intermediate populations that were less migratory from which long-distance migration evolved secondarily. The failure of long-distance migrants to shift migration direction to more nearby winter quarters indicates that major modifications to the migratory program may be difficult to evolve

    Performance of D-dimer, cardiac troponin T, C-reactive protein, and NT-proBNP in prediction of long-term mortality in patients with suspected pulmonary embolism

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    Aims: Pulmonary embolism (PE) is a common and potentially life-threatening condition requiring emergent diagnostic work-up. Despite wide use of biomarkers, little is known how they predict long-term prognosis of patients evaluated for suspected PE.Methods and results: We sought to assess the predictive performance of N-terminal pro-brain natriuretic peptide (NT-proBNP), C-reactive protein, fibrin D-dimer (FIDD), and cardiac troponin T (cTnT) in patients who underwent computed tomography pulmonary angiography (CTPA) for clinical suspicion of PE. The analysis involved 1001 patients, with 222 (22.2%) receiving a PE diagnosis at index imaging. Mean ages of patients with and without PE were 65.0 ± 17.1 and 64.5 ± 17.7 years, respectively. Median follow-up time was 3.9 years (interquartile range 2.9-4.9). Mortality was relatively high among both patients with and without documented PE (24.8% vs. 31.7%, P = 0.047). In patients with PE, only elevated NT-proBNP > 1000 ng/L and C-reactive protein > 50 mg/L levels at hospital admission were associated with higher mortality in an adjusted Cox regression model, but receiver operating characteristic (ROC) analysis showed no improved prediction compared to clinical variables. Among patients without PE, elevated NT-proBNP > 1000 ng/L, C-reactive protein > 10 mg/L, cTnT > 50 ng/L, and FIDD > 1.0 mg/L all predicted mortality. In an ROC analysis among patients without PE, models including NT-proBNP, cTnT, or C-reactive protein provided improved predictive performance.Conclusion: Patients evaluated for clinical suspicion of PE have high long-term mortality. Commonly used biomarkers provide long-term prognostic value in patients without PE. Given the relatively young age, it is vital to identify these high-risk patients and perform differential diagnosis work-up for alternative life-threatening conditions, and manage them as appropriate.Keywords: C-reactive protein; FIDD; Mortality; NT-proBNP; Prognosis; Pulmonary embolism; cTNT.</p

    The European health data space: Too big to succeed?

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    In May 2022, the European Commission issued the Proposal for a Regulation on the European Health Data Space (EHDS), with the aims of granting citizens increased access to and control of their (electronic) health data across the EU, and facilitating health data re-use for research, innovation, and policymaking. As the first in a series of European domain-specific "data spaces", the EHDS is a high-stakes development that will transform health data governance in the EU region. As an international consortium of experts from health policy, law, ethics and the social sciences, we are concerned that the EHDS Proposal will detract from, rather than lead to the achievement of, its stated aims. We are in no doubt on the benefits of using health data for secondary purposes, and we appreciate attempts to facilitate such uses across borders in a carefully curated manner. Based on the current draft Regulation, however, the EHDS risks undermining rather than enhancing patient control over data; hindering rather than facilitating the work of health professionals and researchers; and eroding rather than increasing the public value generated through health data sharing. Therefore, significant adjustments are needed if the EHDS is to realize its promised benefits. Besides analyzing the implications for key groups and European societies at large who will be affected by the implementation of the EHDS, this contribution advances targeted policy recommendations to address the identified shortcomings of the EHDS Proposal

    Euclid preparation XLIII. Measuring detailed galaxy morphologies for Euclid with machine learning

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    The Euclid mission is expected to image millions of galaxies at high resolution, providing an extensive dataset with which to study galaxy evolution. Because galaxy morphology is both a fundamental parameter and one that is hard to determine for large samples, we investigate the application of deep learning in predicting the detailed morphologies of galaxies in Euclid using Zoobot, a convolutional neural network pretrained with 450 000 galaxies from the Galaxy Zoo project. We adapted Zoobot for use with emulated Euclid images generated based on Hubble Space Telescope COSMOS images and with labels provided by volunteers in the Galaxy Zoo: Hubble project. We experimented with different numbers of galaxies and various magnitude cuts during the training process. We demonstrate that the trained Zoobot model successfully measures detailed galaxy morphology in emulated Euclid images. It effectively predicts whether a galaxy has features and identifies and characterises various features, such as spiral arms, clumps, bars, discs, and central bulges. When compared to volunteer classifications, Zoobot achieves mean vote fraction deviations of less than 12% and an accuracy of above 91% for the confident volunteer classifications across most morphology types. However, the performance varies depending on the specific morphological class. For the global classes, such as disc or smooth galaxies, the mean deviations are less than 10%, with only 1000 training galaxies necessary to reach this performance. On the other hand, for more detailed structures and complex tasks, such as detecting and counting spiral arms or clumps, the deviations are slightly higher, of namely around 12% with 60 000 galaxies used for training. In order to enhance the performance on complex morphologies, we anticipate that a larger pool of labelled galaxies is needed, which could be obtained using crowd sourcing. We estimate that, with our model, the detailed morphology of approximately 800 million galaxies of the Euclid Wide Survey could be reliably measured and that approximately 230 million of these galaxies would display features. Finally, our findings imply that the model can be effectively adapted to new morphological labels. We demonstrate this adaptability by applying Zoobot to peculiar galaxies. In summary, our trained Zoobot CNN can readily predict morphological catalogues for Euclid images

    Evaluation of the mechanical properties and degree of conversion of 3D printed splint material

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    ObjectiveTo evaluate the effect of post-curing method, printing layer thickness, and water storage on the mechanical properties and degree of conversion of a light-curing methacrylate based resin material (IMPRIMO® LC Splint), used for the fabrication of 3D printed occlusal splints and surgical guides.Methods96 bar-shaped specimens were 3D printed (Asiga MAX), half of them with a layer thickness of 100 μm (Group A), and half with 50 μm (Group B). Each group was divided in three subgroups based on the post-curing method used: post-curing with light emitting diode (LED) and nitrogen gas; post-curing with only LED; and non-post-curing. Half of the specimens from each subgroup were water-stored for 30 days while the other half was dry-stored (n = 8). Flexural strength and flexural modulus were evaluated. Additional specimens were prepared and divided in the same way for surface hardness (n = 96), fracture toughness, and work of fracture (n = 96). Five specimens were selected from each subgroup for evaluating the degree of conversion (DC). Data were collected and statistically analyzed with 1-way, 2-way ANOVA, and Tukey post-hoc analysis (α = 0.05).ResultsThe 2-way ANOVA showed that the post-curing method and water storage significantly affected the investigated mechanical properties (P ConclusionThe post-curing method, water storage, and printing layer thickness play a role in the mechanical properties of the investigated 3D Printed occlusal splints material. The combination of heat and light within the post-curing unit can enhance the mechanical properties and degree of conversion of 3D printed occlusal splints. Flexural strength and surface hardness can increase when decreasing printing layer thickness

    Synthesis of acrylic acid from methyl lactate over calcium phosphate catalysts in a fixed bed reactor: time-on-stream behavior and kinetic analysis

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    Transformation of methyl lactate to acrylic acid was investigated over Ca3(PO4)2, Ca2(P2O7) and their mixture in the temperature range of 250-425 °C. The initial concentration of methyl lactate in water was varied from 2 wt% to neat methyl lactate. The results showed that these phosphate catalysts did not contain any measurable amounts of either acid sites or basic sites. The best catalyst was Ca3(PO4)2 giving 62% selectivity to acrylic acid at 75% conversion at 400 °C using GHSV of 95280 h−1 and 2 wt% methyl lactate in the initial feed. This catalyst exhibited larger surface area in comparison to Ca2(P2O7). Elemental analysis revealed that some Ca leaching occurred during reaction, while in case of Ca2(P2O7) the calcium leaching was 3.4 fold higher than observed for Ca3(PO4)2. Long-term results over Ca3(PO4)2 showed that extensive catalyst deactivation occurred during the first 11 h time-on-stream, after which the activity dropped only slightly. In addition to kinetic studies with different parameters, also, kinetic modeling was performed and the activation energies for formation of different products were determined over different catalysts.</p

    The 28th Bled eConference, #eWellbeing Proceedings

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    &nbsp;Abstract&nbsp; Business Model Innovation is attracting more and more attention from business as well as from academics. Business Model Innovation deals with both technological and knowledge related changes that either may disrupt or sustain existing product/market strategies. Timing of Business Model Innovation both with regard to the right moment as well as speed of implementing competitive concepts becomes crucial. In this conceptual paper we discuss and evaluate possibilities for shortening the lead-time and increasing impact of Business Model Innovation aiming at low-end and new market disruptions. We are building our discussion on recent findings and identifying anomalies for further research by reflecting on exemplary business design cases.&nbsp; Keywords: Business Model, Business Model Innovation, Business modelling, Business Scrum, Agility, Disruptive Business Models, Radical Innovation</p

    Expanding the Molecular and Clinical Phenotype of Patients With De Novo Variants in KIF5C : A Six Patient Case Series

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    Heterozygous de novo loss of function variants in the motor domain of KIF5C are associated with a neurodevelopmental disorder characterized by infantile-onset epilepsy, frontal cortical dysplasia, and developmental delays including motor and speech impairments. Previously, only three missense variants in KIF5C were known to be pathogenic. We identified an additional six patients with significant developmental delays with heterozygous de novo variants in the KIF5C gene (Glu237Val, Thr93Ile, Thr93Asn, Ser90del, Lys92Arg, and Glu237Lys), of which four variants have not been reported before. Functional assessment was performed on fluorescently-tagged KIF5C variants expressed in isolated hippocampal neurons. The pathogenic de novo variants displayed significantly reduced motor function compared to the wild-type KIF5C. We conclude that the pathogenic de novo variants presented have decreased motor domain activity and that is likely to be the etiology of the patients' symptoms given the gene's constraint in the population. By adding these patients to the seven patients previously reported, we are able to expand the phenotypic spectrum associated with pathogenic KIF5C variants. Evaluation of the neurodevelopmental phenotype of additional individuals with loss of function variants in KIF5C is indicated to further characterize the spectrum of associated phenotypes.</p

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