32,553 research outputs found

    Field-aligned electric currents and their measurement by the incoherent backscatter technique

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    Field aligned electric currents flow in the magnetosphere in many situations of fundamental geophysical interest. It is shown here that the incoherent backscatter technique can be used to measure these currents when the plasma line can be observed. The technique provides a ground based means of measuring these currents which complements the rocket and satellite ones

    Hedge funds, credit risk transfer and financial stability.

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    Over the past decade, central bankers and financial institution supervisors have sharpened their focus on the increasingly important role that private pools of investment funds play in global financial markets. The growth in these pools has contributed significantly to market efficiency and financial stability by expanding liquidity in many financial markets, improving price discovery, and, ultimately, lowering the costs of capital. Private investment pools and the alternative investment strategies they pursue have contributed to a signifi cant expansion of the global markets and have helped accelerate the evolution in traded credit products such as credit derivatives, collateralized debt obligations, and the securitization of an increasing array of traditionally illiquid assets. However, because of the lack of transparency and an established regime of supervision of these investment vehicles, policymakers and supervisors have become concerned about customer protection and the potential for systemic risk. This paper discusses some of the key issues confronting supervisors in light of the recent growth of private investment pools and the rapid developments in the area of credit risk transfer, with a particular focus on the implications of these trends regarding systemic risk and financial stability.

    The Flow of a Viscous Compressible Fluid Through a Very Narrow Gap

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    The effect of compressibility on the pressure distribution in the narrow gap between a rotating cylinder and a plane in a viscous fluid was studied by Taylor and Saffman [1] during an investigation of the centripetal pump effect discovered by Reiner [2]

    Shocks in asymmetric simple exclusion processes of interacting particles

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    In this paper, we study shocks and related transitions in asymmetric simple exclusion processes of particles with nearest neighbor interactions. We consider two kinds of inter-particle interactions. In one case, the particle-hole symmetry is broken due to the interaction. In the other case, particles have an effective repulsion due to which the particle-current-density drops down near the half filling. These interacting particles move on a one dimensional lattice which is open at both the ends with injection of particles at one end and withdrawal of particles at the other. In addition to this, there are possibilities of attachments or detachments of particles to or from the lattice with certain rates. The hydrodynamic equation that involves the exact particle current-density of the particle conserving system and additional terms taking care of the attachment-detachment kinetics is studied using the techniques of boundary layer analysis.Comment: 10 pages, 8 figure

    The evolution of the star forming sequence in hierarchical galaxy formation models

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    It has been argued that the specific star formation rates of star forming galaxies inferred from observational data decline more rapidly below z = 2 than is predicted by hierarchical galaxy formation models. We present a detailed analysis of this problem by comparing predictions from the GALFORM semi-analytic model with an extensive compilation of data on the average star formation rates of star-forming galaxies. We also use this data to infer the form of the stellar mass assembly histories of star forming galaxies. Our analysis reveals that the currently available data favour a scenario where the stellar mass assembly histories of star forming galaxies rise at early times and then fall towards the present day. In contrast, our model predicts stellar mass assembly histories that are almost flat below z = 2 for star forming galaxies, such that the predicted star formation rates can be offset with respect to the observational data by factors of up to 2-3. This disagreement can be explained by the level of coevolution between stellar and halo mass assembly that exists in contemporary galaxy formation models. In turn, this arises because the standard implementations of star formation and supernova feedback used in the models result in the efficiencies of these process remaining approximately constant over the lifetime of a given star forming galaxy. We demonstrate how a modification to the timescale for gas ejected by feedback to be reincorporated into galaxy haloes can help to reconcile the model predictions with the data.Comment: 30 Pages, 16 Figures, MNRAS accepte

    Measuring the galaxy power spectrum and scale-scale correlations with multiresolution-decomposed covariance -- I. method

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    We present a method of measuring galaxy power spectrum based on the multiresolution analysis of the discrete wavelet transformation (DWT). Since the DWT representation has strong capability of suppressing the off-diagonal components of the covariance for selfsimilar clustering, the DWT covariance for popular models of the cold dark matter cosmogony generally is diagonal, or jj(scale)-diagonal in the scale range, in which the second scale-scale correlations are weak. In this range, the DWT covariance gives a lossless estimation of the power spectrum, which is equal to the corresponding Fourier power spectrum banded with a logarithmical scaling. In the scale range, in which the scale-scale correlation is significant, the accuracy of a power spectrum detection depends on the scale-scale or band-band correlations. This is, for a precision measurements of the power spectrum, a measurement of the scale-scale or band-band correlations is needed. We show that the DWT covariance can be employed to measuring both the band-power spectrum and second order scale-scale correlation. We also present the DWT algorithm of the binning and Poisson sampling with real observational data. We show that the alias effect appeared in usual binning schemes can exactly be eliminated by the DWT binning. Since Poisson process possesses diagonal covariance in the DWT representation, the Poisson sampling and selection effects on the power spectrum and second order scale-scale correlation detection are suppressed into minimum. Moreover, the effect of the non-Gaussian features of the Poisson sampling can be calculated in this frame.Comment: AAS Latex file, 44 pages, accepted for publication in Ap

    Physical Bias of Galaxies From Large-Scale Hydrodynamic Simulations

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    We analyze a new large-scale (100h−1100h^{-1}Mpc) numerical hydrodynamic simulation of the popular Λ\LambdaCDM cosmological model, including in our treatment dark matter, gas and star-formation, on the basis of standard physical processes. The method, applied with a numerical resolution of <200h−1<200h^{-1}kpc (which is still quite coarse for following individual galaxies, especially in dense regions), attempts to estimate where and when galaxies form. We then compare the smoothed galaxy distribution with the smoothed mass distribution to determine the "bias" defined as b≡(ήM/M)gal/(ήM/M)totalb\equiv (\delta M/M)_{gal}/(\delta M/M)_{total} on scales large compared with the code numerical resolution (on the basis of resolution tests given in the appendix of this paper). We find that (holding all variables constant except the quoted one) bias increases with decreasing scale, with increasing galactic age or metallicity and with increasing redshift of observations. At the 8h−18h^{-1}Mpc fiducial comoving scale bias (for bright regions) is 1.35 at z=0z=0 reaching to 3.6 at z=3z=3, both numbers being consistent with extant observations. We also find that (10−20)h−1(10-20)h^{-1}Mpc voids in the distribution of luminous objects are as observed (i.e., observed voids are not an argument against CDM-like models) and finally that the younger systems should show a colder Hubble flow than do the early type galaxies (a testable proposition). Surprisingly, little evolution is found in the amplitude of the smoothed galaxy-galaxy correlation function (as a function of {\it comoving} separation). Testing this prediction vs observations will allow a comparison between this work and that of Kauffmann et al which is based on a different physical modelingmethod.Comment: in press, ApJ, 26 latex pages plus 7 fig

    Quantum System Identification by Bayesian Analysis of Noisy Data: Beyond Hamiltonian Tomography

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    We consider how to characterize the dynamics of a quantum system from a restricted set of initial states and measurements using Bayesian analysis. Previous work has shown that Hamiltonian systems can be well estimated from analysis of noisy data. Here we show how to generalize this approach to systems with moderate dephasing in the eigenbasis of the Hamiltonian. We illustrate the process for a range of three-level quantum systems. The results suggest that the Bayesian estimation of the frequencies and dephasing rates is generally highly accurate and the main source of errors are errors in the reconstructed Hamiltonian basis.Comment: 6 pages, 3 figure

    Bulk and surface transitions in asymmetric simple exclusion process: Impact on boundary layers

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    In this paper, we study boundary-induced phase transitions in a particle non-conserving asymmetric simple exclusion process with open boundaries. Using boundary layer analysis, we show that the key signatures of various bulk phase transitions are present in the boundary layers of the density profiles. In addition, we also find possibilities of surface transitions in the low- and high- density phases. The surface transition in the low-density phase provides a more complete description of the non-equilibrium critical point found in this system.Comment: 9 pages including figure
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