Medium induced Lorentz symmetry breaking effects in nonlocal PNJL models

In this paper we detail the thermodynamics of two flavor nonlocal Polyakov-Nambu-Jona-Lasinio models for different parametrizations of the quark interaction regulators. The structure of the model is upgraded in order to allow for terms in the quark selfenergy which violate Lorentz invariance due to the presence of the medium. We examine the critical properties, the phase diagram as well as the equation of state. Furthermore, some aspects of the Mott effect for pions and sigma mesons are discussed explicitly within a nonlocal Polyakov-Nambu-Jona-Lasinio model. In particular, we continued the meson polarization function in the complex energy plane and under certain approximations, we were able to extract the imaginary part as a function of the meson energy. We were not able to calculate the dynamical meson mass, and therefore resorted to a technical study of the temperature dependence of the meson width by replacing the meson energy with the temperature dependent spatial meson mass. Our results show that while the temperature behavior of the meson widths is qualitatively the same for a wide class of covariant regulators, the special case where the nonlocal interactions are introduced via the instanton liquid model singles out with a drastically different behavior.Comment: version to match the one published in PR

Spin dynamics of the spin-Peierls compound CuGeO_3 under magnetic field

The magnetic field--driven transition in the spin-Peierls system CuGeO_3 associated with the closing of the spin gap is investigated numerically. The field dependence of the spin dynamical structure factor (seen by inelastic neutron scattering) and of the momentum dependent static susceptibility are calculated. In the dimerized phase (H<H_c), we suggest that the strong field dependence of the transverse susceptibility could be experimentally seen from the low temperature spin-echo relaxation rate 1/T_{2G} or the second moment of the NMR spectrum. Above H_c low energy spin excitations appear at incommensurate wave vectors where the longitudinal susceptibility chi_{zz}(q) peaks.Comment: 4 pages, LaTeX, postscript figures include

Magnetic Field Effects on Quasiparticles in Strongly Correlated Local Systems

We show that quasiparticles in a magnetic field of arbitrary strength $H$ can be described by field dependent parameters. We illustrate this approach in the case of an Anderson impurity model and use the numerical renormalization group (NRG) to calculate the renormalized parameters for the levels with spin $\sigma$, $\tilde\epsilon_{\mathrm{d},\sigma}(H)$, resonance width $\tilde\Delta(H)$ and the effective local quasiparticle interaction $\tilde U(H)$. In the Kondo or strong correlation limit of the model the progressive de-renormalization of the quasiparticles can be followed as the magnetic field is increased. The low temperature behaviour, including the conductivity, in arbitrary magnetic field can be calculated in terms of the field dependent parameters using the renormalized perturbation expansion. Using the NRG the field dependence of the spectral density on higher scales is also calculated.Comment: 15 pages, 17 figure

Bankruptcy risk model and empirical tests

We analyze the size dependence and temporal stability of firm bankruptcy risk in the US economy by applying Zipf scaling techniques. We focus on a single risk factor-the debt-to-asset ratio R-in order to study the stability of the Zipf distribution of R over time. We find that the Zipf exponent increases during market crashes, implying that firms go bankrupt with larger values of R. Based on the Zipf analysis, we employ Bayes's theorem and relate the conditional probability that a bankrupt firm has a ratio R with the conditional probability of bankruptcy for a firm with a given R value. For 2,737 bankrupt firms, we demonstrate size dependence in assets change during the bankruptcy proceedings. Prepetition firm assets and petition firm assets follow Zipf distributions but with different exponents, meaning that firms with smaller assets adjust their assets more than firms with larger assets during the bankruptcy process. We compare bankrupt firms with nonbankrupt firms by analyzing the assets and liabilities of two large subsets of the US economy: 2,545 Nasdaq members and 1,680 New York Stock Exchange (NYSE) members. We find that both assets and liabilities follow a Pareto distribution. The finding is not a trivial consequence of the Zipf scaling relationship of firm size quantified by employees-although the market capitalization of Nasdaq stocks follows a Pareto distribution, the same distribution does not describe NYSE stocks. We propose a coupled Simon model that simultaneously evolves both assets and debt with the possibility of bankruptcy, and we also consider the possibility of firm mergers.Comment: 8 pages, 8 figure

Common scaling behavior in finance and macroeconomics

In order to test whether scaling exists in finance at the world level, we test whether the average growth rates and volatility of market capitalization (MC) depend on the level of MC. We analyze the MC for 54 worldwide stock indices and 48 worldwide bond indices. We find that (i) the average growth rate $\langle$ r $\rangle$ of the MC and (ii) the standard deviation $\sigma(r)$ of growth rates r decrease both with MC as power laws, with exponents $\alpha_w$ = 0.28 ± 0.09 and $\beta_w$ = 0.12 ± 0.04. We define a stochastic process in order to model the scaling results we find for worldwide stock and bond indices. We establish a power-law relationship between the MC of a country's financial market and the gross domestic product (GDP) of the same countr

Effect of the Kondo correlation on thermopower in a Quantum Dot

In this paper we study the thermopower of a quantum dot connected to two leads in the presence of Kondo correlation by employing a modified second-order perturbation scheme at nonequilibrium. A simple scheme, Ng's ansatz [Phys. Rev. Lett. {\bf 76}, 487 (1996)], is adopted to calculate nonequilibrium distribution Green's function and its validity is further checked with regard to the Onsager relation. Numerical results demonstrate that the sign of the thermopower can be changed by tuning the energy level of the quantum dot, leading to a oscillatory behavior with a suppressed magnitude due to the Kondo effect. We also calculate the thermal conductance of the system, and find that the Wiedemann-Franz law is obeyed at low temperature but violated with increasing temperature, corresponding to emerging and quenching of the Kondo effect.Comment: 6 pages, 4 figures; accepted for publication in J Phys.: Condensed Matte

Heavy pseudoscalar mesons in a Schwinger-Dyson--Bethe-Salpeter approach

The mass spectrum of heavy pseudoscalar mesons, described as quark-antiquark bound systems, is considered within the Bethe-Salpeter formalism with momentum-dependent masses of the constituents. This dependence is found by solving the Schwinger-Dyson equation for quark propagators in rainbow-ladder approximation. Such an approximation is known to provide both a fast convergence of numerical methods and accurate results for lightest mesons. However, as the meson mass increases, the method becomes less stable and special attention must be devoted to details of numerical means of solving the corresponding equations. We focus on the pseudoscalar sector and show that our numerical scheme describes fairly accurately the $\pi$, $K$, $D$, $D_s$ and $\eta_c$ ground states. Excited states are considered as well. Our calculations are directly related to the future physics programme at FAIR.Comment: 9 pages, 3 figures; Based on materials of the contribution "Relativistic Description of Two- and Three-Body Systems in Nuclear Physics", ECT*, October 19-23, 200

Size-dependent standard deviation for growth rates: empirical results and theoretical modeling

We study annual logarithmic growth rates R of various economic variables such as exports, imports, and foreign debt. For each of these variables we find that the distributions of R can be approximated by double exponential (Laplace) distributions in the central parts and power-law distributions in the tails. For each of these variables we further find a power-law dependence of the standard deviation σ(R) on the average size of the economic variable with a scaling exponent surprisingly close to that found for the gross domestic product (GDP) [Phys. Rev. Lett. 81, 3275 (1998)]. By analyzing annual logarithmic growth rates R of wages of 161 different occupations, we find a power-law dependence of the standard deviation σ(R) on the average value of the wages with a scaling exponent β≈0.14 close to those found for the growth of exports, imports, debt, and the growth of the GDP. In contrast to these findings, we observe for payroll data collected from 50 states of the USA that the standard deviation σ(R) of the annual logarithmic growth rate R increases monotonically with the average value of payroll. However, also in this case we observe a power-law dependence of σ(R) on the average payroll with a scaling exponent β≈−0.08. Based on these observations we propose a stochastic process for multiple cross-correlated variables where for each variable (i) the distribution of logarithmic growth rates decays exponentially in the central part, (ii) the distribution of the logarithmic growth rate decays algebraically in the far tails, and (iii) the standard deviation of the logarithmic growth rate depends algebraically on the average size of the stochastic variable