1,352,925 research outputs found

    Sudden Flight and True Sudden Stops

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    We extend the sudden stops literature by allowing crisis episodes to be caused by either the retreat of global investors, as is assumed but not shown in the extant literature, or the sudden flight of local investors. We find that almost half of the previously defined sudden stops are actually episodes of sudden flight. Compared to sudden flight, true sudden stops are bunched and are associated with greater slowdowns in economic activity and sharper currency depreciations. We show that the empirical regularities of sudden flight and true sudden stops are consistent with theoretical models that incorporate gross capital flows and information asymmetries.international capital flows, capital flight, emerging market crises

    Non-classical correlation of cascaded photon pairs emitted from quantum dot

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    We studied the quantum correlation between the photon pairs generated by biexciton cascade decays of self-assembled quantum dots, and determined the temperature behavior associated with so-called sudden change of the quantum correlation. The relationship between the fine structure splitting and the sudden change temperature is also provided. Our study indicates that this correlation behavior sudden change temperature is independent on the back ground noise in the system and far lower than entanglement sudden death temperature, therefore it should be easier to observe the phenomenon of correlation sudden change in experiments than to observe entanglement sudden death

    Structural imaging biomarkers of sudden unexpected death in epilepsy.

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    Sudden unexpected death in epilepsy is a major cause of premature death in people with epilepsy. We aimed to assess whether structural changes potentially attributable to sudden death pathogenesis were present on magnetic resonance imaging in people who subsequently died of sudden unexpected death in epilepsy. In a retrospective, voxel-based analysis of T1 volume scans, we compared grey matter volumes in 12 cases of sudden unexpected death in epilepsy (two definite, 10 probable; eight males), acquired 2 years [median, interquartile range (IQR) 2.8] before death [median (IQR) age at scanning 33.5 (22) years], with 34 people at high risk [age 30.5 (12); 19 males], 19 at low risk [age 30 (7.5); 12 males] of sudden death, and 15 healthy controls [age 37 (16); seven males]. At-risk subjects were defined based on risk factors of sudden unexpected death in epilepsy identified in a recent combined risk factor analysis. We identified increased grey matter volume in the right anterior hippocampus/amygdala and parahippocampus in sudden death cases and people at high risk, when compared to those at low risk and controls. Compared to controls, posterior thalamic grey matter volume, an area mediating oxygen regulation, was reduced in cases of sudden unexpected death in epilepsy and subjects at high risk. The extent of reduction correlated with disease duration in all subjects with epilepsy. Increased amygdalo-hippocampal grey matter volume with right-sided changes is consistent with histo-pathological findings reported in sudden infant death syndrome. We speculate that the right-sided predominance reflects asymmetric central influences on autonomic outflow, contributing to cardiac arrhythmia. Pulvinar damage may impair hypoxia regulation. The imaging findings in sudden unexpected death in epilepsy and people at high risk may be useful as a biomarker for risk-stratification in future studies

    Entanglement sudden death and sudden birth in two uncoupled spins

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    We investigate the entanglement evolution of two qubits interacting with a common environment trough an Heisenberg XX mechanism. We reveal the possibility of realizing the phenomenon of entanglement sudden death as well as the entanglement sudden birth acting on the environment. Such analysis is of maximal interest at the light of the large applications that spin systems have in quantum information theory

    Financial Diversification, Sudden Stops and Sudden Starts

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    The recent literature on sudden stops is based on the fact that many emerging market economies experience recurrent and sharp capital account reversals. In this paper we argue, as some recent research has started to emphasize, that more information can be obtained by looking at gross rather than net flows. Economies may be curtailed from international financial markets, resulting in a sudden stop of inflows, but others may be experiencing portfolio shifts that cause sudden start of capital outflows. By looking at gross flows, and comparing emerging markets (EMEs) with developed economies (DEs) we indeed show that there is a variety of experiences that cannot be lumped together. In particular, sudden stop of inflows are as common in DEs as in EMEs, but a key difference is that in the former outflows and inflows are negatively correlated, which dampen the reversal of net flows. We present a model of financial diversification to interpret these results which is consistent with most evidence we report here. l II) could be helpful on this task.

    The Sudden Interpretation: Northville Industries Corp. v. National Union Fire Insurance Co. of Pittsburgh

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    A continuing dispute is occurring regarding the definition of sudden in the sudden and accidental exception to the pollution exclusion clause of the standard Comprehensive General Liability (CGL) insurance policies of the 1970s and early 1980s. One prevailing view is that the term sudden is not ambiguous, has a temporal aspect meaning abrupt, and thus the potential application of the exception is limited. Another prevailing view is that the term sudden is ambiguous because it has more than one meaning and therefore under insurance law doctrines requires the issue be resolved in favor of the plaintiff insured. A third still developing view has asked the courts to not rely on the definition of sudden but to determine the issue through regulatory estoppel. The New York Court of Appeals in Northville Industries v. National Union Fire Insurance Company of Pittsburgh, a case of first impression, inadequately determined the meaning of sudden in the pollution exclusion clause by not providing guidance for future legislation. Thus the case thwarts the very purpose of the clause: limiting environmental liability

    Inhomogenized sudden future singularities

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    We find that sudden future singularities may also appear in spatially inhomogeneous Stephani models of the universe. They are temporal pressure singularities and may appear independently of the spatial finite density singularities already known to exist in these models. It is shown that the main advantage of the homogeneous sudden future singularities which is the fulfillment of the strong and weak energy conditions may not be the case for inhomogeneous models.Comment: REVTEX 4, 5 pages, no figures, a discussion of the most general case include

    Sudden vanishing and reappearance of nonclassical effects: General occurrence of finite-time decays and periodic vanishings of nonclassicality and entanglement witnesses

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    Analyses of phenomena exhibiting finite-time decay of quantum entanglement have recently attracted considerable attention. Such decay is often referred to as sudden vanishing (or sudden death) of entanglement, which can be followed by its sudden reappearance (or sudden rebirth). We analyze various finite-time decays (for dissipative systems) and analogous periodic vanishings (for unitary systems) of nonclassical correlations as described by violations of classical inequalities and the corresponding nonclassicality witnesses (or quantumness witnesses), which are not necessarily entanglement witnesses. We show that these sudden vanishings are universal phenomena and can be observed: (i) not only for two- or multi-mode but also for single-mode nonclassical fields, (ii) not solely for dissipative systems, and (iii) at evolution times which are usually different from those of sudden vanishings and reappearances of quantum entanglement.Comment: 10 pages, 3 figure
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