Effect of Sandblasting on Static and Fatigue Strength of Flash Butt Welded 75Cr4 Bandsaw Blades.

The aim of the research presented in this article is analysis of the effect of the surface treatment method on the static and fatigue strength of flash butt welded bandsaw blades. A 1-mm-thick 75Cr1 cold-work tool steel sheet used for bandsaw blades was used as the test material. Fractographic studies of the fatigue fractures and fractures formed in static tests were also carried out.

A Locally Both Leptokurtic and Fat-Tailed Distribution with Application in a Bayesian Stochastic Volatility Model.

In the paper, we begin with introducing a novel scale mixture of normal distribution such that its leptokurticity and fat-tailedness are only local, with this "locality" being separately controlled by two censoring parameters. This new, locally leptokurtic and fat-tailed (LLFT) distribution makes a viable alternative for other, globally leptokurtic, fat-tailed and symmetric distributions, typically entertained in financial volatility modelling. Then, we incorporate the LLFT distribution into a basic stochastic volatility (SV) model to yield a flexible alternative for common heavy-tailed SV models.