Perturbation analysis of Markov modulated fluid models

We consider perturbations of positive recurrent Markov modulated fluid models. In addition to the infinitesimal generator of the phases, we also perturb the rate matrix, and analyze the effect of those perturbations on the matrix of first return probabilities to the initial level. Our main contribution is the construction of a substitute for the matrix of first return probabilities, which enables us to analyze the effect of the perturbation under consideration

Existence and Uniqueness of Perturbation Solutions to DSGE Models

We prove that standard regularity and saddle stability assumptions for linear approximations are sufficient to guarantee the existence of a unique solution for all undetermined coefficients of nonlinear perturbations of arbitrary order to discrete time DSGE models. We derive the perturbation using a matrix calculus that preserves linear algebraic structures to arbitrary orders of derivatives, enabling the direct application of theorems from matrix analysis to prove our main result. As a consequence, we provide insight into several invertibility assumptions from linear solution methods, prove that the local solution is independent of terms first order in the perturbation parameter, and relax the assumptions needed for the local existence theorem of perturbation solutions.Perturbation, matrix calculus, DSGE, solution methods, Bézout theorem; Sylvester equations

Over-constrained Weierstrass iteration and the nearest consistent system

We propose a generalization of the Weierstrass iteration for over-constrained systems of equations and we prove that the proposed method is the Gauss-Newton iteration to find the nearest system which has at least $k$ common roots and which is obtained via a perturbation of prescribed structure. In the univariate case we show the connection of our method to the optimization problem formulated by Karmarkar and Lakshman for the nearest GCD. In the multivariate case we generalize the expressions of Karmarkar and Lakshman, and give explicitly several iteration functions to compute the optimum. The arithmetic complexity of the iterations is detailed

Unusual square roots in the ghost-free theory of massive gravity

A crucial building block of the ghost free massive gravity is the square root function of a matrix. This is a problematic entity from the viewpoint of existence and uniqueness properties. We accurately describe the freedom of choosing a square root of a (non-degenerate) matrix. It has discrete and (in special cases) continuous parts. When continuous freedom is present, the usual perturbation theory in terms of matrices can be critically ill defined for some choices of the square root. We consider the new formulation of massive and bimetric gravity which deals directly with eigenvalues (in disguise of elementary symmetric polynomials) instead of matrices. It allows for a meaningful discussion of perturbation theory in such cases, even though certain non-analytic features arise.Comment: 24 pages; minor changes, final versio

Necessary and Sufficient Conditions in the Spectral Theory of Jacobi Matrices and Schr\"odinger Operators

We announce three results in the theory of Jacobi matrices and Schr\"odinger operators. First, we give necessary and sufficient conditions for a measure to be the spectral measure of a Schr\"odinger operator -\f{d^2}{dx^2} +V(x) on $L^2 (0,\infty)$ with $V\in L^2 (0,\infty)$ and $u(0)=0$ boundary condition. Second, we give necessary and sufficient conditions on the Jacobi parameters for the associated orthogonal polynomials to have Szeg\H{o} asymptotics. Finally, we provide necessary and sufficient conditions on a measure to be the spectral measure of a Jacobi matrix with exponential decay at a given rate.Comment: 10 page