Did Tax Policies mitigate US Business Cycles?

I study whether US Tax Policies affected economic volatility during the post World War II period. I employ a Real Business Cycle model with distorting taxation on household income and tax rules, and assume that taxes respond to the cyclical conditions of the economy. I estimate the deep parameters of the model using Bayesian techniques. My findings are; (a) fiscal policies display a strong countercyclical behavior, (b) help to reduce the cyclical and raw volatility of GDP, consumption, investment when the government can issue debt, and (c) unexpected changes in tax policies do not affect the volatility of the macroeconomic variables.Fiscal Policy and Business Cycles, Bayesian Methods.

LUCIFER: A new technique for Double Beta Decay

LUCIFER (Low-background Underground Cryogenic Installation For Elusive Rates) is a new project aiming to study the neutrinoless Double Beta Decay. It will be based on the technology of the scintillating bolometers. These devices shall have a great power in distinguishing signals from α’s and β/γ’s promising a background-free experiment, provided that the Q value of the candidate isotope is higher than the 208Tl line. The baseline candidate for LUCIFER is 82Se. Here the LUCIFER concept will be introduced and the prospects related to this project will be discussed

Interpreting the Hours-Technology time-varying relationship

We investigate the time varying relation between hours and technology shocks using a structural business cycle model. We propose an RBC model with a Constant Elasticity of Substitution (CES) production function that allows for capital- and labor-augmenting technology shocks. We estimate the model with Bayesian techniques. In the full sample, we find (i) evidence in favor of a less than unitary elasticity of substitution (rejecting Cobb-Douglas) and (ii) a sizable role for capital augmenting shock for business cycles fluctuations. In rolling sub-samples, we document that the transmission of technology shocks to hours worked has been varying over time. We argue that this change is due to the increase of the elasticity of factor substitution. That is, labor and capital became less complementary throughout the sample inducing a change in the sign and size of the response of hours. We conjecture that this change may have been induced by a change in the skill composition of the labor input.Hours Worked and Business Cycles, Bayesian Methods.

Electrostatic Patch Effect in Cylindrical Geometry. III. Torques

We continue to study the effect of uneven voltage distribution on two close cylindrical conductors with parallel axes started in our papers [1] and [2], now to find the electrostatic torques. We calculate the electrostatic potential and energy to lowest order in the gap to cylinder radius ratio for an arbitrary relative rotation of the cylinders about their symmetry axis. By energy conservation, the axial torque, independent of the uniform voltage difference, is found as a derivative of the energy in the rotation angle. We also derive both the axial and slanting torques by the surface integration method: the torque vector is the integral over the cylinder surface of the cross product of the electrostatic force on a surface element and its position vector. The slanting torque consists of two parts: one coming from the interaction between the patch and the uniform voltages, and the other due to the patch interaction. General properties of the torques are described. A convenient model of a localized patch suggested in [2] is used to calculate the torques explicitly in terms of elementary functions. Based on this, we analyze in detail patch interaction for one pair of patches, namely, the torque dependence on the patch parameters (width and strength) and their mutual positions. The effect of the axial torque is then studied for the experimental conditions of the STEP mission.Comment: 28 pages, 6 Figures. Submitted to Classical Quantum Gravit

Crossover transition in bag-like models

We formulate a simple model for a gas of extended hadrons at zero chemical potential by taking inspiration from the compressible bag model. We show that a crossover transition qualitatively similar to lattice QCD can be reproduced by such a system by including some appropriate additional dynamics. Under certain conditions, at high temperature, the system consist of a finite number of infinitely extended bags, which occupy the entire space. In this situation the system behaves as an ideal gas of quarks and gluons.Comment: Corresponds to the published version. Added few references and changed the titl

Particle Number Fluctuations in Statistical Model with Exact Charge Conservation Laws

Even though the first momenta i.e. the ensemble average quantities in canonical ensemble (CE) give the grand canonical (GC) results in large multiplicity limit, the fluctuations involving second moments do not respect this asymptotic behaviour. Instead, the asymptotics are strikingly different, giving a new handle in study of statistical particle number fluctuations in relativistic nuclear reactions. Here we study the analytical large volume asymptotics to general case of multispecies hadron gas carrying fixed baryon number, strangeness and electric charge. By means of Monte Carlo simulations we have also studied the general multiplicity probability distributions taking into account the decay chains of resonance states.Comment: 4 pages, 2 figures. The report of the talk given in Strangeness in Quark Matter 2004, Cape Town. Submitted to J. Phys. G: Nucl. Part. Phy

Investigating The Physics Case of Running a B-Factory at the Y(5S) Resonance

We discuss the physics case of a high luminosity B-Factory running at the Y(5S) resonance. We show that the coherence of the B meson pairs is preserved at this resonance, and that Bs can be well distinguished from Bd and charged B mesons. These facts allow to cover the physics program of a traditional B-Factory and, at the same time, to perform complementary measurements which are not accessible at the Y(4S). In particular we show how, despite the experimental limitations in performing time-dependent measurements of Bs decays, the same experimental information can be extracted, in several cases, from the determination of time-integrated observables. In addition, a few examples of the potentiality in measuring rare Bs decays are given. Finally, we discuss how the study of Bs meson will improve the constraints on New Physics parameters in the Bs sector, in the context of the generalized Unitarity Triangle analysis.Comment: 47 pages, 22 figure

The microcanonical ensemble of the ideal relativistic quantum gas with angular momentum conservation

We derive the microcanonical partition function of the ideal relativistic quantum gas with fixed intrinsic angular momentum as an expansion over fixed multiplicities. We developed a group theoretical approach by generalizing known projection techniques to the Poincare' group. Our calculation is carried out in a quantum field framework and applies to particles with any spin. It extends known results in literature in that it does not introduce any large volume approximation and it takes particle spin fully into account. We provide expressions of the microcanonical partition function at fixed multiplicities in the limiting classical case of large volumes and large angular momenta and in the grand-canonical ensemble. We also derive the microcanonical partition function of the ideal relativistic quantum gas with fixed parity.Comment: 38 pages; minor corrections to the formulae for the published versio