Identifying the Asymmetric Channel of Crude Oil Risk Pass-Through to Macro Economy: Based on Crude Oil Attributes

The impact channel of crude oil market risk on the macroeconomy is highly related to oil attributes. This paper uses a stepwise test method with dummy variables to identify the channel effect of commodity market risk as well as financial market risk and explore the characteristics of the channel effect in different periods dominated by different oil attributes. Furthermore, this paper investigates the asymmetric characteristics of the channel effect under the condition of crude oil returns heterogeneity. The empirical results show that: First, commodity market risk, as well as financial market risk plays a channel role in the impact of crude oil market risk on the macroeconomic operation. Second, there is a significant difference in the ability of the commodity market and financial market to cope with shocks of crude oil market risk in periods dominated by different attributes. During the period dominated by the commodity attribute of oil, both commodity market and financial market play the role of “risk buffer”; during the period dominated by dual attributes of oil, the commodity market risk plays the role of “risk buffer”, while the financial market risk plays the role of “magnifier” of the crude oil market risk. Third, the channel effect pattern and degree of commodity market risk and financial market risk are significantly asymmetric.

Ground plane and selective buried oxide based planar junctionless transistor

In this work, we demonstrate a ground plane (GP) based Selective Buried Oxide (SELBOX) Junctionless Transistor (JLT), named as GP-SELBOX-JLT. The use of GP and SELBOX in the proposed device reduces the electric field and enhances volume depletion in the channel, hence improves I ON/I OFF ratio and scalability. Using calibrated 2-D simulation, we have shown that proposed device exhibits better Short Channel Effect (SHE) immunity as compared to SOI-JLT. Therefore, the proposed GP-SELBOX-JLT can be scaled without degrading the performance in sub 20 nm regime. In addition, the ac study has shown that the cutoff frequency (f T) of GP-SELBOX-JLT is almost equal to conventional SOI-JLT.

Fluidic Oscillators, Feedback Channel Effect under Compressible Flow Conditions

Fluidic oscillators are often used to modify the forces fluid generates on any given bluff body; they can also be used as flow, pressure or acoustic sensors, with each application requiring a particular oscillator configuration. Regarding the fluidic oscillators’ main performance, a problem which is not yet clarified is the understanding of the feedback channel effect on the oscillator outlet mass flow frequency and amplitude, especially under compressible flow conditions. In order to bring light to this point, a set of three-dimensional Direct Numerical Simulations under compressible flow conditions are introduced in the present paper; four different feedback channel lengths and two inlet Reynolds numbers Re = 12,410 and Re = 18,617 are considered. From the results obtained, it is observed that as the inlet velocity increases, the fluidic oscillator outlet mass flow frequency and amplitude increase. An increase of the feedback channel length decreases the outlet mass flow oscillating frequency. At large feedback channel lengths, the former main oscillation tends to disappear, the jet inside the mixing chamber simply fluctuates at high frequencies. Once the Feedback Channel (FC) length exceeds a certain threshold, the oscillation stops. Under all conditions studied, pressure waves are observed to be traveling along the feedback channels, their origin and interaction with the jet entering the mixing chamber are thoroughly evaluated. The paper proves that jet oscillations are pressure-driven.