A hybrid information approach to predict corporate credit risk

This study proposes a hybrid information approach to predict corporate credit risk. In contrast to the previous literature that debates which credit risk model is the best, we pool information from a diverse set of structural and reduced‐form models to produce a model combination based on credit risk prediction. Compared with each single model, the pooled strategies yield consistently lower average risk prediction errors over time. We also find that while the reduced‐form models contribute more in the pooled strategies for speculative‐grade names and longer maturities, the structural models have higher weights for shorter maturities and investment grade names.     

大坝监测自动化中的人工比测研究

阐述了人工比测的概念、方式和数据分析方法,对人工比测及数据分析中应注意的问题也进行了深入研究。     

THE STATISTICAL DISTRIBUTION OF EXTREME VALUES OF WAVE-CURRENT FORCES ACTING ON SLENDER CIRCULAR CYLINDER IN IRREGULAR WAVES

Based on model test,the statistical distribution of extreme values of wave-current in-line forces acting on vertical circular cylinder is analyzed in this paper.It is shownthat the results calculated by the simplified method,proposed by authors,agree well with the testdata;Weibull distribution is also adoptable in the region of high KC number, and the shapeparameter a and scale parameter β are related well with KC number respectively.     

DIRECT RESONANCE OF TURBULENT BOUNDARY LAVER OVER COMPLIANT WALLS

１．　ＩＮＴＲＯＤＵＣＴＩＯＮＴｈｅｍａｉｎｇｏａｌｏｆｔｈｉｓｐａｐｅｒｉｓｔｏｅｘｐｌｏｒｅｔｈｅｐｏｓｓｉｂｉｌｉｔｙｔｏｌｅａｒｎｍｏｒｅａｂｏｕｔｔｈｅｍｅｃｈａｎｉｓｍｏｆｔｕｒｂｕｌｅｎｔｂｏｕｎｄａｒｙｌａｙｅｒｆｌｏｗｉｎｔｅｒａｃｔｉｏｎｓａｎｄｉｔｓｅｆｆｅｃｔｓｏｎｃｏｍｐｌｉａｎｔｗａｌｌｐｅｒｆｏｒｍａｎｃｅ．Ｔｈｅｒｅａｒｅｃｅｒｔａｉｎｐｒｅｒｅｑｕｉｓｉｔｅｃｏｎｄｉｔｉｏｎｓｔｏｆｕｒｔｈｅｒｔｈｅｓｔｕｄｙｏｎｔｈｅｍｅｃｈａｎｉｓｍ，ｉ．ｅ．ｔｈｅｃｏ…     

MODELING OF WATER DYNAMICS AND POLLUTANT SPREADING IN THE LUOMAHU RESERVOIR FOR WATER TRANSFER FORM SOUTH TO NORTH OF CHINA

1 .　ＩＮＴＲＯＤＵＣＴＩＯＮＷａｔｅｒＴｒａｎｓｆｅｒＦｒｏｍＳｏｕｔｈＴｏＮｏｒｔｈＰｒｏｊｅｃｔ(ＷＴＦＳＴＮＰ)ｉｓａｇｒｅａｔｄｅｃｉｓｉｏｎｔｏｓｏｌｖｅｔｈｅｐｒｏｂｌｅｍｏｆｗａｔｅｒｓｈｏｒｔａｇｅｉｎｔｈｅｎｏｒｔｈａｎｄｃｅｎｔｒａｌｐａｒｔｓｏｆＣｈｉ ｎａ .Ｔｈｉｓｐｒｏｊｅｃｔ ,ｉｎｃｌｕｄｉｎｇＥａｓｔ ,Ｃｅｎｔｒａｌ ａｎｄＷｅｓｔ Ｌｉｎｅ ,ｗｉｌｌｄｒａｗｗａｔｅｒｆｒｏｍｔｈｅＹａｎｇｔｚｅＲｉｖｅｒｔｏｔｈｅｎｏｒｔｈａｎｄｃｅｎｔｅｒｏｆＣｈｉｎａｓｏｔｈａ…     

吴岭水库土坝渗流及坝坡稳定性分析

本文对湖北省京山县吴岭水库土坝进行了有限元渗流计算和坝坡稳定性计算,在分析大坝基础部位的残坡积土、强风化砂岩的强透水性和下游排水体对于大坝渗流场的影响的基础上,得出渗流是引起下游坝坡不稳定的主要因素,为大坝的加固处理提供了理论依据,也可供同类土坝设计时参考。     

深化水管体制改革促进水务事业持续发展

普洱市位于云南省西南部，面积4．5万km^2，与越南、老挝、缅甸三国接壤，国境线长486km。新中国成立以来，历届党委、政府高度重视普洱市水利事业的发展，把除水害、兴水利作为造福人民、荫及子孙的百年大计。到2006年年底止，全市累计建成蓄引工程49163件，其中：蓄水工程637件（中型水库10座、小型水库262座、塘坝365座），设计库容47556万m^3：引水工程48526件，年供水总能力11亿m^3。[第一段]     

?中青年以声带息肉、慢性喉炎为

8 casesTAO Yongming,SHI Zhuoya,FENG Lianming,et al.Xiaoshan Hospital of TCM,Hangzhou 311201,ChinaObjective To study the causes and clinical features of hoarseness.Methods The laryn     

JETS,PLUMES AND BUOYANT JETS IN STATIC ENVIRONMENT

Turbulence represents an essential aspect in atmospheric and oceanic circulations.In particu-lar,it is a preponderant factor in the dispersion of pollutants of artificial or natural origin.Thevertical turbulent jets,plumes and buoyant jets discharging into static environment is one of themost important and basic flow patterns related with the environment pollution.These flows havenumerous important applications,for example,thrust augmentors,waste disposal plumes fromstacks and combustion systems,and significant problems of turbulent diffusion.     

EXPERIMENTAL STUDIES AND NUMERICAL CALCULATION ON TURBULENT BOUNDARY LAYER OF WATER FLOW ALONG CURVED SURFACE

This paper will introduce experimental studies and numerical calculation onturbulent boundary layer of water flow along curved surface in our country in recent years.Onthe basis of the experimental studies,the effects of curvature and roughness on velocitydistribution and pressure distribution and the change of turbulent flow boundary layer onoverflow bucket concave surface is discussed.We proposed the empirical formula of velocity,pressure and the change of turbulent flow boundary layer on outlet bucket concave.According tothe momentum principle,we have deduced the momentum integral equation full water depthboundary layer and using the element as control unit inside the boundary layer on concavesurface of bucket.Combining with continuity equation,we have computed the boundary layerdevelopment on the bucket of a spillway.Compared with the field experimental data,thecalculation results are available.Under polar coordinates,a mathematical model for simulatingtime-averaged flow characteristics in concave surface of bucket is established.The turbulent flowfield on concave surface of bucket is calculated by SIMPLE method and this mathematicalmodel.The flow velocity field,pressure field,distribution of turbulent kinetic energy,distribution of turbulent energy dissipating rate and distribution of shear stress are available.Thecalculation value is consistent with measured test data.