28,891 research outputs found
Stable Computation of the Complex Roots of Unity
In this correspondence, we show that the problem of computing the complex roots of unity is not as simple as it seems at first. In particular, the formulas given in a standard programmer's reference book (Knuth, Seminumerical Algorithms, 1981) are shown to be numerically unstable, giving unacceptably large error for moderate sized sequences. We give alternative formulas, which we show to be superior both by analysis and experiment
A note on Keen's model: The limits of Schumpeter's "Creative Destruction"
This paper presents a general solution for a recent model by Keen for
endogenous money creation. The solution provides an analytic framework that
explains all significant dynamical features of Keen's model and their
parametric dependence, including an exact result for both the period and
subsidence rate of the Great Moderation. It emerges that Keen's model has just
two possible long term solutions: stable growth or terminal collapse. While
collapse can come about immediately from economies that are nonviable by virtue
of unsuitable parameters or initial conditions, in general the collapse is
preceded by an interval of exponential growth. In first approximation, the
duration of that exponential growth is half a period of a sinusoidal
oscillation. The period is determined by reciprocal of the imaginary part of
one root of a certain quintic polynomial. The real part of the same root
determines the rate of growth of the economy. The coefficients of that
polynomial depend in a complicated way upon the numerous parameters in the
problem and so, therefore, the pattern of roots. For a favorable choice of
parameters, the salient root is purely real. This is the circumstance that
admits the second possible long term solution, that of indefinite stable
growth, i.e. an infinite period.Comment: 25 pages, 12 figures, JEL classification: B50, C62, C63, E12, E4
Singularities of the moduli space of level curves
We describe the singular locus of the compactification of the moduli space
of curves of genus paired with an -torsion point in their
Jacobian. Generalising previous work for , we also describe the
sublocus of noncanonical singularities for any positive integer . For and , this allows us to provide a lifting result on pluricanonical
forms playing an essential role in the computation of the Kodaira dimension of
: for those values of , every pluricanonical form on the smooth
locus of the moduli space extends to a desingularisation of the compactified
moduli space.Comment: 37 pages, 9 figures, to appear in J Eur Math So
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