The Risk-Taking Channel and Monetary Transmission Mechanism in Colombia

The recent financial crisis has brought to the forefront the need of a better understanding of the transmission mechanisms of monetary policy. The main step forward in this direction has drawn on work aimed at stressing the role of the financial sector in this transmission. Particular emphasis has been place on how policy actions impact risk perceptions and attitudes of banks and other financial institutions, leading to shifts in the supply of credit. Along these lines, and based on evidence from Colombia, the present paper finds a significant link between low interest rates and banks’ risk taking based on evidence from Colombia. Lower interest rates raise the probability of default on new loans but reduce that on outstanding loans. Furthermore, this channel of policy transmission depends on some bank, loan and borrower characteristics, as well on macroeconomic conditions such as the rate of growth of the economy.Monetary policy, lending standards, risk taking, duration analysis, accelerated failure time models. Classification JEL: E44, G21, L14

Multipartite Entanglement Generation Assisted by Inhomogeneous Coupling

We show that controllable inhomogeneous coupling between two-level systems and a common data bus provides a fast mechanism to produce multipartite entanglement. Our proposal combines resonant interactions and engineering of coupling strengths---between the qubits and the single mode---leading to well defined entangled states. Furthermore, we show that, if the two-level systems interact dispersively with the quantized mode, engineering of coupling strengths allows the controlled access of the symmetric Hilbert space of qubits.Comment: 5 pages, 4 figures. Submitted for publicatio

Sudden Birth Versus Sudden Death of Entanglement in Multipartite Systems

We study the entanglement dynamics of two cavities interacting with independent reservoirs. Expectedly, we observe that, as the cavity entanglement is depleted, it is transferred to the reservoir degrees of freedom. We find that when the cavity entanglement suddenly disappear, the reservoir entanglement suddenly and necessarily appears. Surprisingly, we show that this {\it entanglement sudden birth} can manifest before, simultaneously, or even after {\it entanglement sudden death}. Finally, we present an explanatory study of other entanglement partitions and of higher dimensional systems.Comment: 5 pages, 5 figures, accepted for publication in Physical Review Letter

Tripartite entanglement in quantum memristors

We study the entanglement and memristive properties of three coupled quantum memristors. We consider quantum memristors based on superconducting asymmetric SQUID architectures which are coupled via inductors. The three quantum memristors are arranged in two different geometries: linear and triangular coupling configurations. We obtain a variety of correlation measures, including bipartite entanglement and tripartite negativity. We find that, for identical quantum memristors, entanglement and memristivity follow the same behavior for the triangular case and the opposite one in the linear case. Finally, we study the multipartite correlations with the tripartite negativity and entanglement monogamy relations, showing that our system has genuine tripartite entanglement. Our results show that quantum correlations in multipartite memristive systems have a non-trivial role and can be used to design quantum memristor arrays for quantum neural networks and neuromorphic quantum computing architectures.Comment: 9 pages, 6 figure

Microwave Quantum Memristors

We propose a design of a superconducting quantum memristive device in the microwave regime, that is, a microwave quantum memristor. It comprises two linked resonators, where the primary one is coupled to a superconducting quantum interference device (SQUID), allowing the adjustment of the resonator properties with an external magnetic flux. The auxiliary resonator is operated through weak measurements, providing feedback to the primary resonator via the SQUID and establishing stable memristive behavior via the external magnetic flux. The device operates with a classical input signal in one cavity while reading the response in the other, serving as a fundamental building block for arrays of microwave quantum memristors. In this sense, we observe that a bipartite setup can retain its memristive behavior while gaining entanglement and quantum correlations. Our findings open the door to the experimental implementation of memristive superconducting quantum devices and arrays of microwave quantum memristors on the path to neuromorphic quantum computing.Comment: 9+6 pages, 10 figure

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Low Cost Semi Automated Assembly Unit for Small Size Back Contact Modules and Low Cost Interconnection Approach

AbstractWe present our low cost assembly unit to manufacture back contact solar modules based on the conductive backsheet (CBS) approach. This in house developed apparatus was built to assemble test modules containing one up to four 6 inch back contact solar cells. The system is a retrofit of a commercially available CNC system which is equipped with a cell grabber and a manual dispensing system (by Nordson). The total cost of the setup was roughly 4000 € excluding the dispenser unit. Using this equipment we assembled several small size modules containing one and four Zebra cells, which are low cost 6 inch IBC solar cells developed at ISC Konstanz [1,2]. The contact between copper backsheet and back contact cell of the one cell modules we present here is formed by low temperature solder paste (LTSP). First cell to module (CTM) loss evaluations and reliability results suggest that this material could be a viable alternative to electrically conductive adhesive (ECA) which is currently the most commonly used material for this purpose

The LAEX and NASA portals for CoRoT public data

* Aims. We describe here the main functionalities of the LAEX (Laboratorio de Astrofisica Estelar y Exoplanetas/Laboratory for Stellar Astrophysics and Exoplanets) and NASA portals for CoRoT Public Data. The CoRoT archive at LAEX was opened to the community in January 2009 and is managed in the framework of the Spanish Virtual Observatory. NStED (NASA Star and Exoplanet Database) serves as the CoRoT portal for the US astronomical community. NStED is a general purpose stellar and exoplanet archive with the aim of providing support for NASA planet finding and characterisation goals, and the planning and support of NASA and other space missions. CoRoT data at LAEX and NStED can be accessed at http://sdc.laeff.inta.es/corotfa/ and http://nsted.ipac.caltech.edu,respectively. * Methods. Based on considerable experience with astronomical archives, the aforementioned archives are designed with the aim of delivering science-quality data in a simple and efficient way. * Results. LAEX and NStED not only provide access to CoRoT Public Data but furthermore serve a variety of observed and calculated astrophysical data. In particular, NStED provides scientifically validated information on stellar and planetary data related to the search for and characterization of extrasolar planets, and LAEX makes any information from Virtual Observatory services available to the astronomical community.Comment: Accepted for publication in Astronomy & Astrophysic

Determination of the high-pressure crystal structure of BaWO4 and PbWO4

We report the results of both angle-dispersive x-ray diffraction and x-ray absorption near-edge structure studies in BaWO4 and PbWO4 at pressures of up to 56 GPa and 24 GPa, respectively. BaWO4 is found to undergo a pressure-driven phase transition at 7.1 GPa from the tetragonal scheelite structure (which is stable under normal conditions) to the monoclinic fergusonite structure whereas the same transition takes place in PbWO4 at 9 GPa. We observe a second transition to another monoclinic structure which we identify as that of the isostructural phases BaWO4-II and PbWO4-III (space group P21/n). We have also performed ab initio total energy calculations which support the stability of this structure at high pressures in both compounds. The theoretical calculations further find that upon increase of pressure the scheelite phases become locally unstable and transform displacively into the fergusonite structure. The fergusonite structure is however metastable and can only occur if the transition to the P21/n phases were kinetically inhibited. Our experiments in BaWO4 indicate that it becomes amorphous beyond 47 GPa.Comment: 46 pages, 11 figures, 3 table