"Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010"

This paper shows that the Japanese and Swiss foreign exchange interventions in 2003/04 and 2009/10 seem to have lowered long-term interest rates in a range of industrial countries, including Japan and Switzerland. It seems that this decline was triggered by the investment of the intervention funds in US and euro area bonds and that a global portfolio balance effect made this decline in interest rate spread to other markets, thus easing monetary conditions at home and abroad.

Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010

This paper shows that the Japanese and Swiss foreign exchange interventions in 2003/04 and 2009/10 seem to have lowered long-term interest rates in a range of industrial countries, including Japan and Switzerland. It seems that this decline was triggered by the investment of the intervention funds in US and euro area bonds and that a global portfolio balance effect made this decline in interest rate spread to other markets, thus easing monetary conditions at home and abroad.

Paired accelerated arames: The perfect interferometer with everywhere smooth wave amplitudes

Rindler's acceleration-induced partitioning of spacetime leads to a nature-given interferometer. It accomodates quantum mechanical and wave mechanical processes in spacetime which in (Euclidean) optics correspond to wave processes in a ``Mach-Zehnder'' interferometer: amplitude splitting, reflection, and interference. These processes are described in terms of amplitudes which behave smoothly across the event horizons of all four Rindler sectors. In this context there arises quite naturally a complete set of orthonormal wave packet histories, one of whose key properties is their "explosivity index". In the limit of low index values the wave packets trace out fuzzy world lines. By contrast, in the asymptotic limit of high index values, there are no world lines, not even fuzzy ones. Instead, the wave packet histories are those of entities with non-trivial internal collapse and explosion dynamics. Their details are described by the wave processes in the above-mentioned Mach-Zehnder interferometer. Each one of them is a double slit interference process. These wave processes are applied to elucidate the amplification of waves in an accelerated inhomogeneous dielectric. Also discussed are the properties and relationships among the transition amplitudes of an accelerated finite-time detector.Comment: 38 pages, RevTex, 10 figures, 4 mathematical tutorials. Html version of the figures and of related papers available at http://www.math.ohio-state.edu/~gerlac

Charge carrier interaction with a purely electronic collective mode: Plasmarons and the infrared response of elemental bismuth

We present a detailed optical study of single crystal bismuth using infrared reflectivity and ellipsometry. Colossal changes in the plasmon frequency are observed as a function of temperature due to charge transfer between hole and electron Fermi pockets. In the optical conductivity, an anomalous temperature dependent mid-infrared absorption feature is observed. An extended Drude model analysis reveals that it can be connected to a sharp upturn in the scattering rate, the frequency of which exactly tracks the temperature dependent plasmon frequency. We interpret this absorption and increased scattering as the first direct optical evidence for a charge carrier interaction with a collective mode of purely electronic origin; here electron-plasmon scattering. The observation of a \emph{plasmaron} as such is made possible only by the unique coincidence of various energy scales and exceptional properties of semi-metal bismuth.Comment: 4 pages, 4 figure

Coulomb field of an accelerated charge: physical and mathematical aspects

The Maxwell field equations relative to a uniformly accelerated frame, and the variational principle from which they are obtained, are formulated in terms of the technique of geometrical gauge invariant potentials. They refer to the transverse magnetic (TM) and the transeverse electric (TE) modes. This gauge invariant "2+2" decomposition is used to see how the Coulomb field of a charge, static in an accelerated frame, has properties that suggest features of electromagnetism which are different from those in an inertial frame. In particular, (1) an illustrative calculation shows that the Larmor radiation reaction equals the electrostatic attraction between the accelerated charge and the charge induced on the surface whose history is the event horizon, and (2) a spectral decomposition of the Coulomb potential in the accelerated frame suggests the possibility that the distortive effects of this charge on the Rindler vacuum are akin to those of a charge on a crystal lattice.Comment: 27 pages, PlainTex. Related papers available at http://www.math.ohio-state.edu/~gerlac

Effect of Plasma Irradiation on CdI2Cd I_2 films

The effect of plasma irradiation is studied systematically on a 4H polytype (002) oriented ${\rm CdI_2}$ stoichiometric film having compressive residual stress. Plasma irradiation was found to change the orientation to (110) of the film at certain moderate irradiation distances. A linear decrease in grain size and residual stress was observed with decreasing irradiation distance (or increasing ion energy) consistent with both structural and morphological observations. The direct optical energy gap ${\rm E_g}$ was found to increase linearly at the rate ${\rm 15\mu eV/atm}$ with the compressive stress. The combined data of present compressive stress and from earlier reported tensile stress show a consistent trend of ${\rm E_g}$ change with stress. The iodine-iodine distance in the unit cell could be responsible for the observed change in ${\rm E_g}$ with stress.Comment: 13 pages and 10 fi