Continuous removal of toxic element boron from aqueous solution was investigated with new phenolic hydroxyl modified resin (T-resin) using a fixed bed column reactor operated under various flow rates, bed height and influent concentrations. The breakthrough time, exhaustion time and uptake...

New empirical facts show that equity term premium is counter-cyclical, while the term structure of equity yield is pro-cyclical and switches sign between expansions and recessions. We decompose the term structure of equity yield into an equity term premium and a mean reversion component about...

We introduce imperfect information and parameter learning into a production-based asset pricing model. Our model features slow learning about firms' exposure to aggregate productivity shocks over time. In contrast to a full information case, our framework provides a unified explanation for the...