4,756 research outputs found

    Has core inflation been doing a good job in Brazil?

    Get PDF
    This paper assesses the performance of the core inflation measures calculated by the Brazilian Central Bank (BCB). The evidence shows that they do not meet some key statistical criteria that a good core inflation should have: unbiasedness and the ability to forecast inflation. That performance stems, to a large extent, from the lack of a well-grounded statistical and economical basis behind them. Three new measures are built and assessed using the same criteria. The evidence shows that their behaviour is more in accordance to what the theory claims. However, they still lack the ability to help forecasting inflation. Hence both the BCB and the market should use core inflation cautiously.Core inflation; inflation; supply shocks; relative prices; volatility

    Stability properties and asymptotics for N non-minimally coupled scalar fields cosmology

    Full text link
    We consider here the dynamics of some homogeneous and isotropic cosmological models with NN interacting classical scalar fields non-minimally coupled to the spacetime curvature, as an attempt to generalize some recent results obtained for one and two scalar fields. We show that a Lyapunov function can be constructed under certain conditions for a large class of models, suggesting that chaotic behavior is ruled out for them. Typical solutions tend generically to the empty de Sitter (or Minkowski) fixed points, and the previous asymptotic results obtained for the one field model remain valid. In particular, we confirm that, for large times and a vanishing cosmological constant, even in the presence of the extra scalar fields, the universe tends to an infinite diluted matter dominated era.Comment: 10 page

    [SADE] A Maple package for the Symmetry Analysis of Differential Equations

    Full text link
    We present the package SADE (Symmetry Analysis of Differential Equations) for the determination of symmetries and related properties of systems of differential equations. The main methods implemented are: Lie, nonclassical, Lie-B\"acklund and potential symmetries, invariant solutions, first-integrals, N\"other theorem for both discrete and continuous systems, solution of ordinary differential equations, reduction of order or dimension using Lie symmetries, classification of differential equations, Casimir invariants, and the quasi-polynomial formalism for ODE's (previously implemented in the package QPSI by the authors) for the determination of quasi-polynomial first-integrals, Lie symmetries and invariant surfaces. Examples of use of the package are given

    Superinflation, quintessence, and the avoidance of the initial singularity

    Get PDF
    We consider the dynamics of a spatially flat universe dominated by a self-interacting nonminimally coupled scalar field. The structure of the phase space and complete phase portraits for the conformal coupling case are given. It is shown that the non-minimal coupling modifies drastically the dynamics of the universe. New cosmological behaviors are identified, including superinflation (H˙>0\dot{H}>0), avoidance of big bang singularities through classical birth of the universe from empty Minkowski space, and spontaneous entry into and exit from inflation. The relevance of this model to the description of quintessence is discussed.Comment: RevTex, 10 pages, 4 figures, To appear in the proceedings of the 5th Peyresq meetin
    • 

    corecore