Inflation Dynamics’ Micro Foundations: How Important is Imperfect Competition Really?

This paper analyzes price formation and dynamics according to the industry structure. It divides manufacturing industries of Mexico into two groups: perfectly and imperfectly competitive. The results show that imperfectly competitive industries predominate. Then this classification is used to build consumer price sub indexes for the goods of both sectors. These sub indexes’ inflation dynamics indicate that the exchange rate pass-through in the perfectly competitive sector is significantly higher than in the imperfectly competitive sector, while wage pass-through only affects the imperfectly competitive sector. Also, that inflation inertia is lower in the former than in the latter; adding up in more volatility of the perfectly competitive inflation rate. For policy makers an interesting feature of the perfectly competitive price index is that the evidence suggests that its variations precede those of the imperfectly competitive price index. For economic theorists these features validate recent macroeconomic models with heterogeneous price setting behaviorPanzar-Rosse, Industry Structure, Inflation, Price Dynamics, Price Indexes

Message passing and Monte Carlo algorithms: connecting fixed points with metastable states

Mean field-like approximations (including naive mean field, Bethe and Kikuchi and more general Cluster Variational Methods) are known to stabilize ordered phases at temperatures higher than the thermodynamical transition. For example, in the Edwards-Anderson model in 2-dimensions these approximations predict a spin glass transition at finite $T$. Here we show that the spin glass solutions of the Cluster Variational Method (CVM) at plaquette level do describe well actual metastable states of the system. Moreover, we prove that these states can be used to predict non trivial statistical quantities, like the distribution of the overlap between two replicas. Our results support the idea that message passing algorithms can be helpful to accelerate Monte Carlo simulations in finite dimensional systems.Comment: 6 pages, 6 figure

Carbon-fiber tips for scanning probe microscopes and molecular electronics experiments

We fabricate and characterize carbon-fiber tips for their use in combined scanning tunneling and force microscopy based on piezoelectric quartz tuning fork force sensors. An electrochemical fabrication procedure to etch the tips is used to yield reproducible sub-100-nm apex. We also study electron transport through single-molecule junctions formed by a single octanethiol molecule bonded by the thiol anchoring group to a gold electrode and linked to a carbon tip by the methyl group. We observe the presence of conductance plateaus during the stretching of the molecular bridge, which is the signature of the formation of a molecular junction.Comment: Conference Proceeding (Trends in NanoTechnology 2011, Tenerife SPAIN); Nanoscale Research Letters, (2012) 7:25

Thermal and electrohydrodynamic plumes: a compartive study

This paper deals with self similar thermal and electrohydrodynamic (EHD) plumes. The former arises from hot lines or points, whereas the latter arises when sharp metallic contours submerged in non conducting liquids support high electrostatic potential, resulting in charge injection. Although the motive force is buoyancy in one case and Coulomb force in the other, it is shown that the solution for EHD plumes is the same as for thermal plumes in the limit of large Prandtl numbers. We present the analysis of axisymmetric plumes for large values of Prandtl number, and this analysis is subsequently applied to EHD plumes. The validity of the approximations for EHD plumes is discussed in the light of experimental data.Ministerio de ciencia y tecnología PB93-118

Force-gradient-induced mechanical dissipation of quartz tuning fork force sensors used in atomic force microscopy

We have studied the dynamics of quartz tuning fork resonators used in atomic force microscopy taking into account mechanical energy dissipation through the attachment of the tuning fork base. We find that the tuning fork resonator quality factor changes even for the case of a purely elastic sensor-sample interaction. This is due to the effective mechanical imbalance of the tuning fork prongs induced by the sensor-sample force gradient which in turn has an impact on the dissipation through the attachment of the resonator base. This effect may yield a measured dissipation signal that can be different to the one exclusively related to the dissipation between the sensor and the sample. We also find that there is a second order term in addition to the linear relationship between the sensor-sample force gradient and the resonance frequency shift of the tuning fork that is significant even for force gradients usually present in atomic force microscopy which are in the range of tens of N/m.Comment: 9 pages, 3 figures and supplemental informatio