Sunspots and Credit Frictions

We examine a general equilibrium model with collateral constraints and increasing returns to scale in production. The utility function is nonseparable, with no income effect on the consumer's choice of leisure. Unlike this model without a collateral constraint, we find that indeterminacy of equilibria is possible. Hence, business cycles can be driven by self-fulfilling expectations. This is the case for more realistic parametrizations than in previous, similar models without these features.business cycles, credit markets, collateral constraint, sunspots

High-Velocity Estimates and Inverse Scattering for Quantum N-Body Systems with Stark Effect

In an N-body quantum system with a constant electric field, by inverse scattering, we uniquely reconstruct pair potentials, belonging to the optimal class of short-range potentials and long-range potentials, from the high-velocity limit of the Dollard scattering operator. We give a reconstruction formula with an error term.Comment: In this published version we have added remarks and we have edited the pape

On Inverse Scattering at a Fixed Energy for Potentials with a Regular Behaviour at Infinity

We study the inverse scattering problem for electric potentials and magnetic fields in \ere^d, d\geq 3, that are asymptotic sums of homogeneous terms at infinity. The main result is that all these terms can be uniquely reconstructed from the singularities in the forward direction of the scattering amplitude at some positive energy.Comment: This is a slightly edited version of the previous pape

Inverse Scattering at a Fixed Quasi-Energy for Potentials Periodic in Time

We prove that the scattering matrix at a fixed quasi--energy determines uniquely a time--periodic potential that decays exponentially at infinity. We consider potentials that for each fixed time belong to $L^{3/2}$ in space. The exponent 3/2 is critical for the singularities of the potential in space. For this singular class of potentials the result is new even in the time--independent case, where it was only known for bounded exponentially decreasing potentials.Comment: In this revised version I give a more detailed motivation of the class of potentials that I consider and I have corrected some typo

L^p boundedness of the wave operator for the one dimensional Schroedinger operator

Given a one dimensional perturbed Schroedinger operator H=-(d/dx)^2+V(x) we consider the associated wave operators W_+, W_- defined as the strong L^2 limits as s-> \pm\infty of the operators e^{isH} e^{-isH_0} We prove that the wave operators are bounded operators on L^p for all 1<p<\infty, provided (1+|x|)^2 V(x) is integrable, or else (1+|x|)V(x) is integrable and 0 is not a resonance. For p=\infty we obtain an estimate in terms of the Hilbert transform. Some applications to dispersive estimates for equations with variable rough coefficients are given.Comment: 26 page

A rigorous analysis of high order electromagnetic invisibility cloaks

There is currently a great deal of interest in the invisibility cloaks recently proposed by Pendry et al. that are based in the transformation approach. They obtained their results using first order transformations. In recent papers Hendi et al. and Cai et al. considered invisibility cloaks with high order transformations. In this paper we study high order electromagnetic invisibility cloaks in transformation media obtained by high order transformations from general anisotropic media. We consider the case where there is a finite number of spherical cloaks located in different points in space. We prove that for any incident plane wave, at any frequency, the scattered wave is identically zero. We also consider the scattering of finite energy wave packets. We prove that the scattering matrix is the identity, i.e., that for any incoming wave packet the outgoing wave packet is the same as the incoming one. This proves that the invisibility cloaks can not be detected in any scattering experiment with electromagnetic waves in high order transformation media, and in particular in the first order transformation media of Pendry et al. We also prove that the high order invisibility cloaks, as well as the first order ones, cloak passive and active devices. The cloaked objects completely decouple from the exterior. Actually, the cloaking outside is independent of what is inside the cloaked objects. The electromagnetic waves inside the cloaked objects can not leave the concealed regions and viceversa, the electromagnetic waves outside the cloaked objects can not go inside the concealed regions. As we prove our results for media that are obtained by transformation from general anisotropic materials, we prove that it is possible to cloak objects inside general crystals.Comment: The final version is now published in Journal of Physics A: Mathematical and Theoretical, vol 41 (2008) 065207 (21 pp). Included in IOP-Selec

Inverse scattering at fixed energy on surfaces with Euclidean ends

On a fixed Riemann surface $(M_0,g_0)$ with $N$ Euclidean ends and genus $g$, we show that, under a topological condition, the scattering matrix S_V(\la) at frequency \la > 0 for the operator $\Delta+V$ determines the potential $V$ if $V\in C^{1,\alpha}(M_0)\cap e^{-\gamma d(\cdot,z_0)^j}L^\infty(M_0)$ for all $\gamma>0$ and for some $j\in\{1,2\}$, where $d(z,z_0)$ denotes the distance from $z$ to a fixed point $z_0\in M_0$. The topological condition is given by $N\geq\max(2g+1,2)$ for $j=1$ and by $N\geq g+1$ if $j=2$. In \rr^2 this implies that the operator S_V(\la) determines any $C^{1,\alpha}$ potential $V$ such that $V(z)=O(e^{-\gamma|z|^2})$ for all $\gamma>0$.Comment: 21 page

Formulas and equations for finding scattering data from the Dirichlet-to-Neumann map with nonzero background potential

For the Schrodinger equation at fixed energy with a potential supported in a bounded domain we give formulas and equations for finding scattering data from the Dirichlet-to-Neumann map with nonzero background potential. For the case of zero background potential these results were obtained in [R.G.Novikov, Multidimensional inverse spectral problem for the equation -\Delta\psi+(v(x)-Eu(x))\psi=0, Funkt. Anal. i Ego Prilozhen 22(4), pp.11-22, (1988)]

Small-Energy Analysis for the Selfadjoint Matrix Schroedinger Operator on the Half Line

The matrix Schroedinger equation with a selfadjoint matrix potential is considered on the half line with the most general selfadjoint boundary condition at the origin. When the matrix potential is integrable and has a first moment, it is shown that the corresponding scattering matrix is continuous at zero energy. An explicit formula is provided for the scattering matrix at zero energy. The small-energy asymptotics are established also for the corresponding Jost matrix, its inverse, and various other quantities relevant to the corresponding direct and inverse scattering problems.Comment: This published version has been edited to improve the presentation of the result