31 research outputs found

    Measurement of Pion Enhancement at Low Transverse Momentum and of the Delta-Resonance Abundance in Si-Nucleus Collisions at AGS Energy

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    We present measurements of the pion transverse momentum (p_t) spectra in central Si-nucleus collisions in the rapidity range 2.0<y<5.0 for p_t down to and including p_t=0. The data exhibit an enhanced pion yield at low p_t compared to what is expected for a purely thermal spectral shape. This enhancement is used to determine the Delta-resonance abundance at freeze-out. The results are consistent with a direct measurement of the Delta-resonance yield by reconstruction of proton-pion pairs and imply a temperature of the system at freeze-out close to 140 MeV.Comment: 12 pages + 4 figures (uuencoded at end-of-file

    Strangeness Enhancement in p+Ap+A and S+AS+A Interactions at SPS Energies

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    The systematics of strangeness enhancement is calculated using the HIJING and VENUS models and compared to recent data on  pp \,pp\,,  pA \,pA\, and  AA \,AA\, collisions at CERN/SPS energies (200A  GeV 200A\,\, GeV\,). The HIJING model is used to perform a {\em linear} extrapolation from pppp to AAAA. VENUS is used to estimate the effects of final state cascading and possible non-conventional production mechanisms. This comparison shows that the large enhancement of strangeness observed in S+AuS+Au collisions, interpreted previously as possible evidence for quark-gluon plasma formation, has its origins in non-equilibrium dynamics of few nucleon systems. % Strangeness enhancement %is therefore traced back to the change in the production dynamics %from pppp to minimum bias pSpS and central SSSS collisions. A factor of two enhancement of Λ0\Lambda^{0} at mid-rapidity is indicated by recent pSpS data, where on the average {\em one} projectile nucleon interacts with only {\em two} target nucleons. There appears to be another factor of two enhancement in the light ion reaction SSSS relative to pSpS, when on the average only two projectile nucleons interact with two target ones.Comment: 29 pages, 8 figures in uuencoded postscript fil

    Time-Varying Volatility in the Foreign Exchange Market: New Evidence on its Persistence and on Currency Spillovers

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    We examine empirically the volatility of four major US dollar spot exchange rates using intraday data over 40 trading days. Using multivariate stochastic volatility models, we investigate the degree of persistence of exchange rate volatility for data sampled at different frequencies and the role of volatility spillovers across exchange rates. We find that the noise component of volatility 'aggregates out' very quickly, being dominated by the more persistent component of volatility for data sampled at 15-minute or lower frequencies. Our results also suggest that exchange rate volatility is very persistent and that cross-currency spillovers are small. Copyright Blackwell Publishers Ltd, 2004.
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