6,860 research outputs found
The role of non-local exchange in the electronic structure of correlated oxides
We present a systematic study of the electronic structure of several
prototypical correlated transition-metal oxides: VO2, V2O3, Ti2O3, LaTiO3, and
YTiO3. In all these materials, in the low-temperature insulating phases the
local and semilocal density approximations (LDA and GGA) of density-functional
theory yield a metallic Kohn-Sham band structure. Here we show that, without
invoking strong-correlation effects, the role of non-local exchange is
essential to cure the LDA/GGA delocalization error and provide a band-structure
description of the electronic properties in qualitative agreement with the
experimental photoemission results. To this end, we make use of hybrid
functionals that mix a portion of non-local Fock exchange with the local LDA
exchange-correlation potential. Finally, we discuss the advantages and the
shortcomings of using hybrid functionals for correlated transition-metal
oxides.Comment: submitte
Exploring jet-launching conditions for SFXTs
In the magneto-centrifugal mechanism for jet formation, accreting neutron
stars are assumed to produce relativistic jets only if their surface magnetic
field is weak enough ( G). However, the most common manifestation
of neutron stars are pulsars, whose magnetic field distribution peaks at G. If the neutron star magnetic field has at least this strength
at birth, it must decay considerably before jets can be launched in binary
systems. We study the magnetic field evolution of a neutron star that accretes
matter from the wind of a high-mass stellar companion so that we can constrain
the accretion rate and the impurities in the crust, which are necessary
conditions for jet formation. We solved the induction equation for the
diffusion and convection of the neutron star magnetic field confined to the
crust, assuming spherical accretion in a simpliflied one-dimensional treatment.
We incorporated state-of-the-art microphysics, including consistent thermal
evolution profiles, and assumed two different neutron star cooling scenarios
based on the superfluidity conditions at the core. We find that in this
scenario, magnetic field decay at long timescales is governed mainly by the
accretion rate, while the impurity content and thermal evolution of the neutron
star play a secondary role. For accretion rates
M yr, surface magnetic fields can decay up to four orders of
magnitude in 10 yr, which is the timescale imposed by the evolution
of the high-mass stellar companion in these systems. Based on these results, we
discuss the possibility of transient jet-launching in strong wind-accreting
high-mass binary systems like supergiant fast X-ray transients.Comment: 8 pages, 8 figures. Accepted for publication in A&
Reply to "Comment on 'Precision measurement of the Casimir-Lifshitz force in a fluid'"
We have reviewed the Comment of Geyer et al. [arXiv:0708.1548] concerning our
recent work [Phys. Rev. A 75, 060102 (R) (2007)], and while we disagree with
their criticisms, we acknowledge them for giving us the opportunity to add
interesting addition material and a more detailed description of our
experiment. We describe further our calculation and explain why a more
sophisticated model is not warranted. We also present detailed experiments on
the effects of electrostatic forces in our measurements and show that the
contribution due to work function differences is small and that the residual
electrostatic force is dominated by trapped charges and external fields.
Finally, we estimate the effect of double layer interactions. These additional
calculations and measurements support our original conclusion that the
experimental results are consistent with the Lifshitz theory
Patterns of trading profiles at the Nordic Stock Exchange. A correlation-based approach
We investigate the trading behavior of Finnish individual investors trading
the stocks selected to compute the OMXH25 index in 2003 by tracking the
individual daily investment decisions. We verify that the set of investors is a
highly heterogeneous system under many aspects. We introduce a correlation
based method that is able to detect a hierarchical structure of the trading
profiles of heterogeneous individual investors. We verify that the detected
hierarchical structure is highly overlapping with the cluster structure
obtained with the approach of statistically validated networks when an
appropriate threshold of the hierarchical trees is used. We also show that the
combination of the correlation based method and of the statistically validated
method provides a way to expand the information about the clusters of investors
with similar trading profiles in a robust and reliable way.Comment: 25 pages, 8 figure
Detecting separable states via semidefinite programs
We introduce a new technique to detect separable states using semidefinite
programs. This approach provides a sufficient condition for separability of a
state that is based on the existence of a certain local linear map applied to a
known separable state. When a state is shown to be separable, a proof of this
fact is provided in the form of an explicit convex decomposition of the state
in terms of product states. All states in the interior of the set of separable
states can be detected in this way, except maybe for a set of measure zero.
Even though this technique is more suited for a numerical approach, a new
analytical criterion for separability can also be derived.Comment: 8 pages, accepted for publication in Physical Review
Investor Behavior in the Mutual Fund Industry: Evidence from Gross Flows
Using a large sample of monthly gross flows from 1997 to 2003, we uncover several previously undocumented regularities in investor behavior. First, investor purchases and sales produce fund-level gross flows that are highly persistent. Persistence in fund flows dominates performance as a predictor of future fund flows. More importantly, failing to account for flow persistence leads to incorrect inferences with respect to the relation between performance and flows. Second, we document that investors react differently to performance depending on the type of fund, and that investor trading activity produces meaningful differences in the persistence of fund flows across mutual fund types. Third, at least some investors appear to evaluate and respond to mutual fund performance over much shorter time spans than previously assessed. Additionally, we document differences in the speed and magnitude of investors’ purchase and sales responses to performance
Investors Do Respond to Poor Mutual Fund Performance: Evidence from Inflows and Outflows
Abstract
We examine the relation between mutual fund performance and gross flows for a large sample of actively managed U.S. mutual funds. Unlike previous studies that have only examined periods of generally increasing net flows, our sample includes periods of both increasing and decreasing net flows. We find that outflows are related to performance, with investors withdrawing money from poor performers. We also find that outflows and inflows respond asymmetrically to performance, outflows increase more aggressively following poor performance, and inflows increase more aggressively following good performance. Additionally, we find a symmetric performance net flow relation
Variational Monte Carlo study of gapless spin liquid in the spin- XXZ antiferromagnetic model on the kagome lattice
By using the variational Monte Carlo technique, we study the spin- XXZ
antiferromagnetic model (with easy-plane anisotropy) on the kagome lattice. A
class of Gutzwiller projected fermionic states with a spin Jastrow factor is
considered to describe either spin liquids (with or symmetry) or
magnetically ordered phases (with or ). We
find that the magnetic states are not stable in the thermodynamic limit.
Moreover, there is no energy gain to break the gauge symmetry from to
within the spin-liquid states, as previously found in the Heisenberg
model. The best variational wave function is therefore the Dirac state,
supplemented by the spin Jastrow factor. Furthermore, a vanishing spin
gap is obtained at the variational level, in the whole regime from the to
the Heisenberg model.Comment: 7 pages, 7 figure
Interaction induced Fermi-surface renormalization in the Hubbard model close to the Mott-Hubbard transition
We investigate the nature of the interaction-driven Mott-Hubbard transition
of the half-filled Hubbard model in one dimension, using a
full-fledged variational Monte Carlo approach including a distance-dependent
Jastrow factor and backflow correlations. We present data for the evolution of
the magnetic properties across the Mott-Hubbard transition and on the
commensurate to incommensurate transition in the insulating state. Analyzing
renormalized excitation spectra, we find that the Fermi surface renormalizes to
perfect nesting right at the Mott-Hubbard transition in the insulating state,
with a first-order reorganization when crossing into the conducting state.Comment: 6 pages and 7 figure
Downlink and Uplink Cell Association with Traditional Macrocells and Millimeter Wave Small Cells
Millimeter wave (mmWave) links will offer high capacity but are poor at
penetrating into or diffracting around solid objects. Thus, we consider a
hybrid cellular network with traditional sub 6 GHz macrocells coexisting with
denser mmWave small cells, where a mobile user can connect to either
opportunistically. We develop a general analytical model to characterize and
derive the uplink and downlink cell association in view of the SINR and rate
coverage probabilities in such a mixed deployment. We offer extensive
validation of these analytical results (which rely on several simplifying
assumptions) with simulation results. Using the analytical results, different
decoupled uplink and downlink cell association strategies are investigated and
their superiority is shown compared to the traditional coupled approach.
Finally, small cell biasing in mmWave is studied, and we show that
unprecedented biasing values are desirable due to the wide bandwidth.Comment: 30 pages, 9 figures. Submitted to IEEE Transactions on Wireless
Communication
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