Impact of Solar Wind Depression on the Dayside Magnetosphere under Northward Interplanetary Magnetic Field

We present a follow up study of the sensitivity of the Earth's magnetosphere to solar wind activity using a particles-in-cell model [Baraka and Ben Jaffel, 2007], but here during northward IMF. The formation of the magnetospheric cavity and its elongation is obtained with the classical structure of a magnetosphere with parallel lobes. An impulsive disturbance is then applied to the system by changing the bulk velocity of the solar wind to simulate a decrease in the solar wind dynamic pressure followed by its recovery. In response to the imposed disturbance, a gap [abrupt depression] in the incoming solar wind plasma appears moving toward the Earth. The gap's size is a ~15 RE and is comparable to the sizes previously obtained for both Bz<0 and Bz =0. During the initial phase of the disturbance, the dayside magnetopause (MP) expands slower than the previous cases of IMF orientations as a result of the depression. The size of the MP expands nonlinearly due to strengthening of its outer boundary by the northward IMF. Also, during the initial 100 {\Delta}t, the MP shrank down from 13.3 RE to ~9.2 RE before it started expanding; a phenomenon that was also observed for southern IMF conditions but not during the no IMF case. As soon as they felt the solar wind depression, cusps widened at high altitude while dragged in an upright position. For the field's topology, the reconnection between magnetospheric and magnetosheath fields is clearly observed in both northward and southward cusps areas. Also, the tail region in the northward IMF condition is more confined, in contrast to the fishtail-shape obtained in the southward IMF case. An X-point is formed in the tail at ~110 RE compared to ~103 RE and ~80 RE for Bz =0 and Bz <0 respectively. Our findings are consistent with existing reports from many space observatories for which predictions are proposed to test furthermore our simulation technique.Comment: 48 pages, 6 figures, 1 table, accepted for publication in Annales Geophysicae (ANGEO Communicates

Banking in General Equilibrium

This paper attempts to provide a step towards understanding the role of financial intermediaries ("banks") in aggregate economic activity. We first develop a model of the intermediary sector which is highly simplified, but rich enough to motivate several special features of bauks. Of particular importance in our model is the assumption that banks are more efficient than the public in evaluating and auditing certain information --intensive loan projects. Banks are also assumed to have private information about their investments, which motivates the heavy reliance of banks on debt rather than equity finance and their need for buffer stock capital. We embed this intermediary sector in a general equilibrium framework, which includes consumers and a non-banking investment sector. Mainly because banks have superior access to some investments, factors affecting the size or efficiency of banking will also have an impact on the aggregate economy. Among the factors affecting intermediation, we show, are the adequacy of bank capital, the riskiness of bank investments, and the costs of bank monitoring. We also show that our model is potentially useful for understanding the macroeconomic effects of phenomena such as financial crises, disintermediation, banking regulation, and certain types of monetary policy.

The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Pre-War and Post-War Eras

This paper studies the cyclical behavior of a number of industrial labor markets of the pre-war (1923-1939) and post-war (1954-1982) eras. In the spirit of Burns and Mitchell we do not test a specific structural model of the labor market but instead concentrate on describing the qualitative features of the (monthly, industry-level) data.The two principal questions we ask are: First, how is labor input (as measured by the number of workers, the hours of work, and the intensity of utilization) varied over the cycle ? Second, what is the cyclical behaviorof labor compensation (as measured by real wages, product wages, and real weekly earnings) ? We study these questions in both the frequency domain and the time domain. Many of our findings simply reinforce, or perhaps refine, existing perceptions of cyclical labor market behavior. However, we do find some interesting differences between the pre-war and the post-war periods in ther elative use of layoffs and short hours in downturns, and in the cyclical behavior of the real wage.

Percolation with Multiple Giant Clusters

We study the evolution of percolation with freezing. Specifically, we consider cluster formation via two competing processes: irreversible aggregation and freezing. We find that when the freezing rate exceeds a certain threshold, the percolation transition is suppressed. Below this threshold, the system undergoes a series of percolation transitions with multiple giant clusters ("gels") formed. Giant clusters are not self-averaging as their total number and their sizes fluctuate from realization to realization. The size distribution F_k, of frozen clusters of size k, has a universal tail, F_k ~ k^{-3}. We propose freezing as a practical mechanism for controlling the gel size.Comment: 4 pages, 3 figure

Gravitational energy as dark energy: Concordance of cosmological tests

We provide preliminary quantitative evidence that a new solution to averaging the observed inhomogeneous structure of matter in the universe [gr-qc/0702082, arxiv:0709.0732], may lead to an observationally viable cosmology without exotic dark energy. We find parameters which simultaneously satisfy three independent tests: the match to the angular scale of the sound horizon detected in the cosmic microwave background anisotropy spectrum; the effective comoving baryon acoustic oscillation scale detected in galaxy clustering statistics; and type Ia supernova luminosity distances. Independently of the supernova data, concordance is obtained for a value of the Hubble constant which agrees with the measurement of the Hubble Key team of Sandage et al [astro-ph/0603647]. Best-fit parameters include a global average Hubble constant H_0 = 61.7 (+1.2/-1.1) km/s/Mpc, a present epoch void volume fraction of f_{v0} = 0.76 (+0.12/-0.09), and an age of the universe of 14.7 (+0.7/-0.5) billion years as measured by observers in galaxies. The mass ratio of non-baryonic dark matter to baryonic matter is 3.1 (+2.5/-2.4), computed with a baryon-to-photon ratio that concords with primordial lithium abundances.Comment: 4 pages, 2 figures; v2 improved statistics, references added, to appear in ApJ Letter

Panel discussion: inflation targeting

Monetary policy ; Banks and banking, Central ; European Central Bank

Generalizations of the Abstract Boundary singularity theorem

The Abstract Boundary singularity theorem was first proven by Ashley and Scott. It links the existence of incomplete causal geodesics in strongly causal, maximally extended spacetimes to the existence of Abstract Boundary essential singularities, i.e., non-removable singular boundary points. We give two generalizations of this theorem: the first to continuous causal curves and the distinguishing condition, the second to locally Lipschitz curves in manifolds such that no inextendible locally Lipschitz curve is totally imprisoned. To do this we extend generalized affine parameters from $C^1$ curves to locally Lipschitz curves.Comment: 24 page