Non-ergodic phases in strongly disordered random regular graphs

We combine numerical diagonalization with a semi-analytical calculations to prove the existence of the intermediate non-ergodic but delocalized phase in the Anderson model on disordered hierarchical lattices. We suggest a new generalized population dynamics that is able to detect the violation of ergodicity of the delocalized states within the Abou-Chakra, Anderson and Thouless recursive scheme. This result is supplemented by statistics of random wave functions extracted from exact diagonalization of the Anderson model on ensemble of disordered Random Regular Graphs (RRG) of N sites with the connectivity K=2. By extrapolation of the results of both approaches to N->infinity we obtain the fractal dimensions D_{1}(W) and D_{2}(W) as well as the population dynamic exponent D(W) with the accuracy sufficient to claim that they are non-trivial in the broad interval of disorder strength W_{E}<W<W_{c}. The thorough analysis of the exact diagonalization results for RRG with N>10^{5} reveals a singularity in D_{1,2}(W)-dependencies which provides a clear evidence for the first order transition between the two delocalized phases on RRG at W_{E}\approx 10.0. We discuss the implications of these results for quantum and classical non-integrable and many-body systems.Comment: 4 pages paper with 5 figures + Supplementary Material with 5 figure

Anderson transition in systems with chiral symmetry

Anderson localization is a universal quantum feature caused by destructive interference. On the other hand chiral symmetry is a key ingredient in different problems of theoretical physics: from nonperturbative QCD to highly doped semiconductors. We investigate the interplay of these two phenomena in the context of a three-dimensional disordered system. We show that chiral symmetry induces an Anderson transition (AT) in the region close to the band center. Typical properties at the AT such as multifractality and critical statistics are quantitatively affected by this additional symmetry. The origin of the AT has been traced back to the power-law decay of the eigenstates; this feature may also be relevant in systems without chiral symmetry.Comment: RevTex4, 4 two-column pages, 3 .eps figures, updated references, final version as published in Phys. Rev.

Critical generalized inverse participation ratio distributions

The system size dependence of the fluctuations in generalized inverse participation ratios (IPR's) $I_{\alpha}(q)$ at criticality is investigated numerically. The variances of the IPR logarithms are found to be scale-invariant at the macroscopic limit. The finite size corrections to the variances decay algebraically with nontrivial exponents, which depend on the Hamiltonian symmetry and the dimensionality. The large-$q$ dependence of the asymptotic values of the variances behaves as $q^2$ according to theoretical estimates. These results ensure the self-averaging of the corresponding generalized dimensions.Comment: RevTex4, 5 pages, 4 .eps figures, to be published in Phys. Rev.

Level number variance and spectral compressibility in a critical two-dimensional random matrix model

We study level number variance in a two-dimensional random matrix model characterized by a power-law decay of the matrix elements. The amplitude of the decay is controlled by the parameter b. We find analytically that at small values of b the level number variance behaves linearly, with the compressibility chi between 0 and 1, which is typical for critical systems. For large values of b, we derive that chi=0, as one would normally expect in the metallic phase. Using numerical simulations we determine the critical value of b at which the transition between these two phases occurs.Comment: 6 page

Anomalously large critical regions in power-law random matrix ensembles

We investigate numerically the power-law random matrix ensembles. Wavefunctions are fractal up to a characteristic length whose logarithm diverges asymmetrically with different exponents, 1 in the localized phase and 0.5 in the extended phase. The characteristic length is so anomalously large that for macroscopic samples there exists a finite critical region, in which this length is larger than the system size. The Green's functions decrease with distance as a power law with an exponent related to the correlation dimension.Comment: RevTex, 4 pages, 4 eps figures. Final version to be published in Phys. Rev. Let

Reducing the Transaction Costs of Financial Intermediation: Theory and Innovations

Transaction costs for financial transactions are often high in developing countries. Borrowing costs are large for small loans. The costs of mobilizing, lending, and recovering funds are high for financial institutions. Attention has increasingly been placed on measuring transaction costs and identifying ways to reduce them. The first section of this paper presents a conceptual framework of transaction costs for financial transactions. Empirical evidence is then summarized from several transaction costs studies of both financial institutions, and depositors and borrowers. The next section includes a discussion of ways to reduce transaction costs including examples drawn from several developing countries. The following section outlines some ways that donors can work to reduce transaction costs. A final section summarizes the paper

Entre la huella y el índice: relecturas contemporáneas de André Bazín

Como consecuencia del cambio de lo analógico a lo digital, el debate en torno a la comprensión realista de los medios audiovisuales ha cobrado un nuevo protagonismo. Este debate se ha articulado con frecuencia a partir de la relectura de los teóricos clásicos, entre los que ocupa un lugar prominente André Bazin. Este artículo realiza un análisis de esas lecturas contemporáneas del pensamiento baziniano, con una primera mención al trabajo pionero de Stanley Cavell, para a continuación estudiar las aportaciones de Dudley Andrew, Philip Rosen, Daniel Morgan y Lee Carruthers. En todas ellas se descubre un eco de los temas fundacionales del crítico francés, desde su reflexión sobre la ontología del medio hasta su novedosa comprensión de la dimensión temporal, asociada a conceptos como la ambigüedad o el realismo. El artículo se cierra con una reflexión sobre la vigencia del pensamiento baziniano en el nuevo paradigma digital

Parametric invariant Random Matrix Model and the emergence of multifractality

We propose a random matrix modeling for the parametric evolution of eigenstates. The model is inspired by a large class of quantized chaotic systems. Its unique feature is having parametric invariance while still possessing the non-perturbative crossover that has been discussed by Wigner 50 years ago. Of particular interest is the emergence of an additional crossover to multifractality.Comment: 7 pages, 6 figures, expanded versio

The Determinants of Bank Deposit Variability: A Developing Country Case

This paper reports on an analysis of deposit variability in the branch banking system of Bangladesh. As expected, deposit variability is greatest for small, rural branches. It declines with increases in branch size, the share of long-term fixed deposits, and number of types of deposits in a branch

Two-eigenfunction correlation in a multifractal metal and insulator

We consider the correlation of two single-particle probability densities $|\Psi_{E}({\bf r})|^{2}$ at coinciding points ${\bf r}$ as a function of the energy separation $\omega=|E-E'|$ for disordered tight-binding lattice models (the Anderson models) and certain random matrix ensembles. We focus on the models in the parameter range where they are close but not exactly at the Anderson localization transition. We show that even far away from the critical point the eigenfunction correlation show the remnant of multifractality which is characteristic of the critical states. By a combination of the numerical results on the Anderson model and analytical and numerical results for the relevant random matrix theories we were able to identify the Gaussian random matrix ensembles that describe the multifractal features in the metal and insulator phases. In particular those random matrix ensembles describe new phenomena of eigenfunction correlation we discovered from simulations on the Anderson model. These are the eigenfunction mutual avoiding at large energy separations and the logarithmic enhancement of eigenfunction correlations at small energy separations in the two-dimensional (2D) and the three-dimensional (3D) Anderson insulator. For both phenomena a simple and general physical picture is suggested.Comment: 16 pages, 18 figure