132 research outputs found
New Keynesian versus old Keynesian government spending multipliers
Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modeling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy stimulus proposals are not robust. Government spending multipliers in an alternative empirically-estimated and widely-cited new Keynesian model are much smaller than in these old Keynesian models; the estimated stimulus is extremely small with GDP and employment effects only one-sixth as large
Polariton condensation with saturable molecules dressed by vibrational modes
Polaritons, mixed light-matter quasiparticles, undergo a transition to a
condensed, macroscopically coherent state at low temperatures or high
densities. Recent experiments show that coupling light to organic molecules
inside a microcavity allows condensation at room temperature. The molecules act
as saturable absorbers with transitions dressed by molecular vibrational modes.
Motivated by this we calculate the phase diagram and spectrum of a modified
Tavis-Cummings model, describing vibrationally dressed two-level systems,
coupled to a cavity mode. Coupling to vibrational modes can induce re-entrance,
i.e. a normal-condensed-normal sequence with decreasing temperature and can
drive the transition first order.Comment: 6 pages, 3 figure
Anisotropic Susceptibility of La_2-xSr_xCoO_4 related to the Spin States of Cobalt
We present a study of the magnetic susceptibility of La_2-xSr_xCoO_4 single
crystals in a doping range 0.3<=x<=0.8. Our data shows a pronounced magnetic
anisotropy for all compounds. This anisotropy is in agreement with a low-spin
ground state (S=0) of Co^3+ for x>=0.4 and a high-spin ground state (S=3/2) of
Co^2+. We compare our data with a crystal-field model calculation assuming
local moments and find a good description of the magnetic behavior for x>=0.5.
This includes the pronounced kinks observed in the inverse magnetic
susceptibility, which result from the anisotropy and low-energy excited states
of Co^2+ and are not related to magnetic ordering or temperature-dependent
spin-state transitions
New Keynesian versus Old Keynesian Government Spending Multipliers
Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modelling uncertainty, it is essential that policy evaluations be robust to alternative assumptions. We find that models currently being used in practice to evaluate fiscal policy stimulus proposals are not robust. Government spending multipliers in an alternative empirically-estimated and widely-cited new Keynesian model are much smaller than in these old Keynesian models; the estimated stimulus is extremely small just when needed most, and GDP and employment effects are only one-sixth as large, with private sector employment impacts likely to be even smaller.
Phonons and Magnetic Excitations in Mott-Insulator LaTiO
The polarized Raman spectra of stoichiometric LaTiO (T K) were
measured between 6 and 300 K. In contrast to earlier report on half-metallic
LaTiO, neither strong background scattering, nor Fano shape of the
Raman lines was observed. The high frequency phonon line at 655 cm
exhibits anomalous softening below T: a signature for structural
rearrangement. The assignment of the Raman lines was done by comparison to the
calculations of lattice dynamics and the nature of structural changes upon
magnetic ordering are discussed. The broad Raman band, which appears in the
antiferromagnetic phase, is assigned to two-magnon scattering. The estimated
superexchange constant meV is in excellent agreement with the
result of neutron scattering studies.Comment: 4 pages, 5 figure
Synthesis of a large communications aperture using small antennas
In this report we compare the cost of an array of small antennas to that of a single large antenna assuming both the array and single large antenna have equal performance and availability. The single large antenna is taken to be one of the 70-m antennas of the Deep Space Network. The cost of the array is estimated as a function of the array element diameter for three different values of system noise temperature corresponding to three different packaging schemes for the first amplifier. Array elements are taken to be fully steerable paraboloids and their cost estimates were obtained from commercial vendors. Array loss mechanisms and calibration problems are discussed. For array elements in the range 3 - 35 m there is no minimum in the cost versus diameter curve for the three system temperatures that were studied
Thermodynamics of a one-dimensional S=1/2 spin-orbital model
The thermodynamic properties of a one-dimensional model describing spin
dynamics in the presence of a twofold orbital degeneracy are studied
numerically using the transfer-matrix renormalization group (TMRG). The model
contains an integrable SU(4)-symmetric point and a gapless phase which is SU(4)
invariant up to a rescaling of the velocities for spin and orbital degrees of
freedom which allows detailed comparison of the numerical results with
conformal field theory. We pay special attention to the correlation lengths
which show an intriguing evolution with temperature. We find that the model
shows an intrinsic tendency towards dimerization at finite temperature even if
the ground state is not dimerized.Comment: 9 pages, 12 figure
Determination of the orbital moment and crystal field splitting in LaTiO
Utilizing a sum-rule in a spin-resolved photoelectron spectroscopic
experiment with circularly polarized light, we show that the orbital moment in
LaTiO is strongly reduced both below and above the N\'{e}el temperature.
Using Ti x-ray absorption spectroscopy as a local probe, we found
that the crystal field splitting in the subshell is about 0.12-0.30
eV. This large splitting does not facilitate the formation of an orbital
liquid
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