Evolving wormhole geometries within nonlinear electrodynamics

In this work, we explore the possibility of evolving (2+1) and (3+1)-dimensional wormhole spacetimes, conformally related to the respective static geometries, within the context of nonlinear electrodynamics. For the (3+1)-dimensional spacetime, it is found that the Einstein field equation imposes a contracting wormhole solution and the obedience of the weak energy condition. Nevertheless, in the presence of an electric field, the latter presents a singularity at the throat, however, for a pure magnetic field the solution is regular. For the (2+1)-dimensional case, it is also found that the physical fields are singular at the throat. Thus, taking into account the principle of finiteness, which states that a satisfactory theory should avoid physical quantities becoming infinite, one may rule out evolving (3+1)-dimensional wormhole solutions, in the presence of an electric field, and the (2+1)-dimensional case coupled to nonlinear electrodynamics.Comment: 17 pages, 1 figure; to appear in Classical and Quantum Gravity. V2: minor corrections, including a referenc

Traversable wormholes coupled to nonlinear electrodynamics

In this work we explore the possible existence of static, spherically symmetric and stationary, axisymmetric traversable wormholes coupled to nonlinear electrodynamics. Considering static and spherically symmetric (2+1) and (3+1)-dimensional wormhole spacetimes, we verify the presence of an event horizon and the non-violation of the null energy condition at the throat. For the former spacetime, the principle of finiteness is imposed, in order to obtain regular physical fields at the throat. Next, we analyze the (2+1)-dimensional stationary and axisymmetric wormhole, and also verify the presence of an event horizon, rendering the geometry non-traversable. Relatively to the (3+1)-dimensional stationary and axisymmetric wormhole geometry, we find that the field equations impose specific conditions that are incompatible with the properties of wormholes. Thus, we prove the non-existence of the general class of traversable wormhole solutions, outlined above, within the context of nonlinear electrodynamics.Comment: 9 pages, Revtex4. V2: major change in title; considerable additions in the Introduction and in the rotating solution, no physics changes; correction of a reference, one reference added; now 10 pages. This version to appear in Classical and Quantum Gravit

Notes on wormhole existence in scalar-tensor and F(R) gravity

Some recent papers have claimed the existence of static, spherically symmetric wormhole solutions to gravitational field equations in the absence of ghost (or phantom) degrees of freedom. We show that in some such cases the solutions in question are actually not of wormhole nature while in cases where a wormhole is obtained, the effective gravitational constant G_eff is negative in some region of space, i.e., the graviton becomes a ghost. In particular, it is confirmed that there are no vacuum wormhole solutions of the Brans-Dicke theory with zero potential and the coupling constant \omega > -3/2, except for the case \omega = 0; in the latter case, G_eff < 0 in the region beyond the throat. The same is true for wormhole solutions of F(R) gravity: special wormhole solutions are only possible if F(R) contains an extremum at which G_eff changes its sign.Comment: 7 two-column pages, no figures, to appear in Grav. Cosmol. A misprint corrected, references update

Loan Loss Provision: Some Empirical Evidence for Italian Banks

This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management, signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly by non-discretionary components, especially during the recession of 2008-2012, and is consistent with a countercyclical behavior of LLP. Further, it is generally less pro cyclical (although not during the recent economic crisis) in the case of local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity, their initial coverage ratio being lower than for other banks