13,694 research outputs found

    Calculability of Quark Mixing Parameters from General Nearest Neighbor Interaction Texture Quark Mass Matrices

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    We perform an analysis of general quark mass matrices in the general nearest neighbor interaction form. Excellent agreement with experiment is realized with this general texture, which is neither hermitian nor real-symmetric. We then propose a new class of quark mass matrices that contain no additional parameters other than the quark masses themselves, and thus possess calculability, i.e., ensure a relationship between the six quark masses and four flavor-mixing parameters of the Standard Model.Comment: 11 pages. To be published in Physics Letters

    Woodford goes to Africa

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    This paper analyses the effects of inflation shocks, demands shocks, and aid shocks on low-income, quasi-emerging-market economies, and discusses how monetary policy can be used to manage these effects. We make use of a model developed for such economies by Adam et al. (2007). We examine the e¤ects of four things which this model features, which we take to be typical of such economies. These are: the existence of a tradeables/non-tradeables production structure, the fact that international capital movements are - at least initially - confined to the effects of currency substitution by domestic residents, the use of targets for financial assets in the implementation of monetary policy, and the pursuit, in some countries, of a fixed exchange rate. We then modify the model to examine the effect on such economies of three major changes, changes which we take to be part of the transition by such economies towards more fully- fledged emerging-market status: an opening of the capital account so that uncovered- interest-parity comes to hold, a move to floating exchange rates, and the replacement of fixed stocks of financial aggregates by the pursuit of a Taylor rule in the conduct of monetary policy.currency substitution, emerging market macroeconomics, interactions between fiscal and monetary policy, Taylor rule

    On the validity and breakdown of the Onsager symmetry in mesoscopic conductors interacting with environments

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    We investigate magnetic-field asymmetries in the linear transport of a mesoscopic conductor interacting with its environment. Interestingly, we find that the interaction between the two systems causes an asymmetry only when the environment is out of equilibrium. We elucidate our general result with the help of a quantum dot capacitively coupled to a quantum Hall conductor and discuss the asymmetry dependence on the environment bias and induced dephasing.Comment: 4 pages, 4 figures; discussions clarified; published versio
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