This paper deals with the local loss of stability (wrinkling) problem of a thin facing of a sandwich panel. Classical solutions to the problem of facing instability resting on a homogeneous and isotropic substructure (a core) are compared. The relations between strain energy components associated with different forms of core deformations are discussed. Next, a new solution for the orthotropic core is presented in detail, which...

There are three main methods of underwater welding: dry, wet and intermediate between them, by using the local dry chamber. Due to low costs, the most common method is the wet welding with the use of covered electrodes. Water as a welding environment carries out a lot of problems. The first is limited visibility and instability of the welding arc. The biggest problem during underwater welding is high susceptibility to cold cracking,...

In the article maturity mismatch in the Polish banking system is estimated based on the publicly available data. Then the impact on the economy is discussed. Based on Polish central bank’s data it may be estimated that between 1996 and 2012 the maturity gap increased significantly – average residual maturity of assets exceeds 6 years in 2012 (less than 2 years in 1996), while that of liabilities remains below 1 year. The gap...

The main aim of the paper is investigation of the potential contribution of exchange-trade funds (ETFs) to the instability of the European financial systems. The paper begins with presentation of the key theoretical concepts with regard to ETFs and financial stability. We discuss the key attributes of ETFs as the innovative category of investment funds, their hypothesized impact on the financial stability as well as briefly describe...

The instability of sliding causes deterioration of performance characteristics of tribosystems and is undesired. To predict its occurrence, the motion of a body of a one-degree-of-freedom system with friction is investigated about the steady sliding equilibrium position. The motion equation is formulated with the friction coefficient dependent on the sliding velocity and contact temperature changing due to transient heat conduction...