Quantifying the impact of future Sandage-Loeb test data on dark energy constraints

The Sandage-Loeb (SL) test is a unique method to probe dark energy in the "redshift desert" of $2\lesssim z\lesssim 5$, and thus it provides an important supplement to the other dark energy probes. Therefore, it is of great importance to quantify how the future SL test data impact on the dark energy constraints. To avoid the potential inconsistency in data, we use the best-fitting model based on the other geometric measurements as the fiducial model to produce 30 mock SL test data. The 10-yr, 20-yr, and 30-yr observations of SL test are analyzed and compared in detail. We show that compared to the current combined data of type Ia supernovae, baryon acoustic oscillation, cosmic microwave background, and Hubble constant, the 30-yr observation of SL test could improve the constraint on $\Omega_m$ by about $80$ and the constraint on $w$ by about $25$. Furthermore, the SL test can also improve the measurement of the possible direct interaction between dark energy and dark matter. We show that the SL test 30-yr data could improve the constraint on $\gamma$ by about $30$ and $10$ for the $Q=\gamma H\rho_c$ and $Q=\gamma H\rho_{de}$ models, respectively.Comment: 10 pages, 3 figure

Parameter estimation with Sandage-Loeb test

The Sandage-Loeb (SL) test directly measures the expansion rate of the universe in the redshift range of $2\lesssim z\lesssim 5$ by detecting redshift drift in the spectra of Lyman-$\alpha$ forest of distant quasars. We discuss the impact of the future SL test data on parameter estimation for the $\Lambda$CDM, the $w$CDM, and the $w_0w_a$CDM models. To avoid the potential inconsistency with other observational data, we take the best-fitting dark energy model constrained by the current observations as the fiducial model to produce 30 mock SL test data. The SL test data provide an important supplement to the other dark energy probes, since they are extremely helpful in breaking the existing parameter degeneracies. We show that the strong degeneracy between $\Omega_m$ and $H_0$ in all the three dark energy models is well broken by the SL test. Compared to the current combined data of type Ia supernovae, baryon acoustic oscillation, cosmic microwave background, and Hubble constant, the 30-yr observation of SL test could improve the constraints on $\Omega_m$ and $H_0$ by more than 60\% for all the three models. But the SL test can only moderately improve the constraint on the equation of state of dark energy. We show that a 30-yr observation of SL test could help improve the constraint on constant $w$ by about 25\%, and improve the constraints on $w_0$ and $w_a$ by about 20\% and 15\%, respectively. We also quantify the constraining power of the SL test in the future high-precision joint geometric constraints on dark energy. The mock future supernova and baryon acoustic oscillation data are simulated based on the space-based project JDEM. We find that the 30-yr observation of SL test would help improve the measurement precision of $\Omega_m$, $H_0$, and $w_a$ by more than 70\%, 20\%, and 60\%, respectively, for the $w_0w_a$CDM model.Comment: 16 pages, 9 figures, 3 tables; adding a new section to address future SN and BAO observations; accepted for publication in JCA

Neutrinos and dark energy after Planck and BICEP2: data consistency tests and cosmological parameter constraints

The detection of the B-mode polarization of the cosmic microwave background (CMB) by the BICEP2 experiment implies that the tensor-to-scalar ratio $r$ should be involved in the base standard cosmology. In this paper, we extend the $\Lambda$CDM+$r$+neutrino/dark radiation models by replacing the cosmological constant with the dynamical dark energy with constant $w$. Four neutrino plus dark energy models are considered, i.e., the $w$CDM+$r+\sum m_\nu$, $w$CDM+r + $N_{\rm eff}$, $w$CDM+r + $\sum m_\nu$ + $N_{\rm eff}$, and $w$CDM+r + $N_{\rm eff}$ + $m_{\nu,{\rm sterile}}^{\rm eff}$ models. The current observational data considered in this paper include the Planck temperature data, the WMAP 9-year polarization data, the baryon acoustic oscillation data, the Hubble constant direct measurement data, the Planck Sunyaev-Zeldovich cluster counts data, the Planck CMB lensing data, the cosmic shear data, and the BICEP2 polarization data. We test the data consistency in the four cosmological models, and then combine the consistent data sets to perform joint constraints on the models. We focus on the constraints on the parameters $w$, $\sum m_\nu$, $N_{\rm eff}$, and $m_{\nu,{\rm sterile}}^{\rm eff}$.Comment: 22 pages, 8 figures, 5 table

TWO ESSAYS ON FINANCIAL ECONOMETRICS

The first paper examines the properties of the realized volatilities of US Dollar / Canadian Dollar spot exchange rate covering a time span of about three years and then the deseasonalized volatilities are estimated and forecasted using a fractionally-integrated model. The key feature of the realized volatilities is that they are model-free and also approximately measurement-error-free. Usually a U-shaped pattern of the intraday volatilities should be observed due to opening-closure effects in the global market. I do not see a typical U-shaped pattern in the intraday volatilities for US Dollar / Canadian Dollar. The reasons are given in this paper. I use ARFIMAX model to estimate and forecast the deseasonalized volatilities and the results are promising. The second paper proposes a time series based trading strategy for \u27pairs trading\u27. Pairs trading is one of the oldest statistical arbitrage strategies and has been proved to be successful on Wall Street. Most academic studies on pairs trading focus on pair selection or optimal threshold comparison. This is the first paper to introduce time series methodology into research of pairs trading. The dynamics of the spread between two stocks in a pair are tested and examined. A time series \u27dynamic threshold method\u27 is proposed in this paper and the trading strategy based on this method improves the excess return of traditional naïve pairs trading model significantly

Redshift drift exploration for interacting dark energy

By detecting redshift drift in the spectra of Lyman-$\alpha$ forest of distant quasars, Sandage-Loeb (SL) test directly measures the expansion of the universe, covering the "redshift desert" of $2 \lesssim z \lesssim5$. Thus this method is definitely an important supplement to the other geometric measurements and will play a crucial role in cosmological constraints. In this paper, we quantify the ability of SL test signal by a CODEX-like spectrograph for constraining interacting dark energy. Four typical interacting dark energy models are considered: (i) $Q=\gamma H\rho_c$, (ii) $Q=\gamma H\rho_{de}$, (iii) $Q=\gamma H_0\rho_c$, and (iv) $Q=\gamma H_0\rho_{de}$. The results show that for all the considered interacting dark energy models, relative to the current joint SN+BAO+CMB+$H_0$ observations, the constraints on $\Omega_m$ and $H_0$ would be improved by about 60\% and 30--40\%, while the constraints on $w$ and $\gamma$ would be slightly improved, with a 30-yr observation of SL test. We also explore the impact of SL test on future joint geometric observations. In this analysis, we take the model with $Q=\gamma H\rho_c$ as an example, and simulate future SN and BAO data based on the space-based project WFIRST. We find that in the future geometric constraints, the redshift drift observations would help break the geometric degeneracies in a meaningful way, thus the measurement precisions of $\Omega_m$, $H_0$, $w$, and $\gamma$ could be substantially improved using future probes.Comment: 6 pages, 5 figures; accepted for publication in EPJC. arXiv admin note: text overlap with arXiv:1407.712

Matter Power Spectra in Viable f(R)f(R) Gravity Models with Massive Neutrinos

We investigate the matter power spectra in the power law and exponential types of viable $f(R)$ theories along with massive neutrinos. The enhancement of the matter power spectrum is found to be a generic feature in these models. In particular, we show that in the former type, such as the Starobinsky model, the spectrum is magnified much larger than the latter one, such as the exponential model. A greater scale of the total neutrino mass, $\Sigma m_{\nu}$, is allowed in the viable $f(R)$ models than that in the $\Lambda$CDM one. We obtain the constraints on the neutrino masses by using the CosmoMC package with the modified MGCAMB. Explicitly, we get $\Sigma m_{\nu} < 0.451 \ (0.214)\ \mathrm{eV}$at 95the corresponding one for the$\Lambda$CDM model is$\Sigma m_{\nu} < 0.200\ \mathrm{eV}$. Furthermore, by treating the effective number of neutrino species$N_{\mathrm{eff}}$as a free parameter along with$\Sigma m_{\nu}$, we find that$N_{\mathrm{eff}} = 3.78^{+0.64}_{-0.84} (3.47^{+0.74}_{-0.60})$and$\Sigma m_{\nu} = 0.533^{+0.254}_{-0.411}$($< 0.386) \ \mathrm{eV}$ at 95% C.L. in the Starobinsky (exponential) model.Comment: 15 pages, 5 figures, updated version accepted by PL

Effects of time-varying β\beta in SNLS3 on constraining interacting dark energy models

It has been found that, for the Supernova Legacy Survey three-year (SNLS3) data, there is strong evidence for the redshift-evolution of color-luminosity parameter $\beta$. In this paper, adopting the $w$-cold-dark-matter ($w$CDM) model and considering its interacting extensions (with three kinds of interaction between dark sectors), we explore the evolution of $\beta$ and its effects on parameter estimation. In addition to the SNLS3 data, we also take into account the Planck distance priors data of the cosmic microwave background (CMB), the galaxy clustering (GC) data extracted from SDSS DR7 and BOSS, as well as the direct measurement of Hubble constant from the Hubble Space Telescope (HST) observation. We find that, for all the interacting dark energy (IDE) models, adding a parameter of $\beta$ can reduce $\chi^2$ by $\sim$ 34, indicating that $\beta_1 = 0$ is ruled out at 5.8$\sigma$ confidence level (CL). Furthermore, it is found that varying $\beta$ can significantly change the fitting results of various cosmological parameters: for all the dark energy models considered in this paper, varying $\beta$ yields a larger $\Omega_{c0}$ and a larger $w$; on the other side, varying $\beta$ yields a smaller $h$ for the $w$CDM model, but has no impact on $h$ for the three IDE models. This implies that there is a degeneracy between $h$ and $\gamma$. Our work shows that the evolution of $\beta$ is insensitive to the interaction between dark sectors, and then highlights the importance of considering $\beta$'s evolution in the cosmology fits.Comment: 11 pages, 6 figures, 1 table; revised version accepted by EPJC. arXiv admin note: substantial text overlap with arXiv:1310.6109, arXiv:1312.018