1,442 research outputs found
Indian Microfinance Sector: A Case Study
In developing areas of the world with very little economic structure, many activities are not monetized. In other words, money is not used to carry out these tasks because the people in these areas do not have the expendable funds required. In order to combat this problem, micro financing has become increasingly more apparent in these areas of distress. Microfinance is an economic development strategy that allows for those in need to borrow actual money in order to start a business, go to school, or even gain access to everyday living requirements. Microfinance has made tremendous strides over the years, but still faces several obstacles including regulation, loan strategies, and loan consumption. This study will attempt to analyze the microfinance industry in India by challenging certain aspects of its use, as well as offer suggestions that could have beneficial effects upon the industry
On the influence of blends on the potential of ground-based transit surveys
Transit surveys have to observe many stars all at once in order to compensate
for the rarity of the searched events. Such surveys, especially the ones
observing a deep field of view and/or broadening their stellar images, have to
deal with a relatively high level of crowding. This crowding could lead to a
reduction of the number of detectable transits, and the estimation of the
potential of such surveys without taking into account the influence of blends
could give overoptimistic results. We have developed a code which allows to
estimate the extent by which such a survey is affected by the crowding of the
field of view. Our results show that the influence of blends is important only
for severe levels of crowding and is in general much less crucial than the
influence of red noise.Comment: 6 pages, 4 figures; to be published in Transiting Extrasolar Planets
Workshop, Eds: Cristina Afonso, David Weldrake & Thomas Hennin
TRAPPIST photometry and imaging monitoring of comet C/2013 R1(Lovejoy): Implications for the origin of daughter species
We report the results of the narrow band photometry and imaging monitoring of
comet C/2013 R1 (Lovejoy) with the robotic telescope TRAPPIST (La Silla
observatory). We gathered around 400 images over 8 months pre- and
post-perihelion between September 12, 2013 and July 6, 2014. We followed the
evolution of the OH, NH, CN, C3 , and C2 production rates computed with the
Haser model as well as the evolution of the dust production. All five gas
species display an asymmetry about perihelion, the rate of brightening being
steeper than the rate of fading. The study of the coma morphology reveals gas
and dust jets which indicate one or several active zone(s) on the nucleus. The
dust, C2 , and C3 morphologies present some similarities while the CN
morphology is different. OH and NH are enhanced in the tail direction. The
study of the evolution of the comet activity shows that the OH, NH, and C2
production rates evolution with the heliocentric distance is correlated to the
dust evolution. The CN and, to a lesser extent, the C3 do not display such a
correlation with the dust. These evidences and the comparison with parent
species production rates indicate that C2 and C3 on one side and OH and NH on
the other side could be -at least partially- released from organic-rich grains
and icy grains. On the contrary, all evidences point to HCN being the main
parent of CN in this comet.Comment: Accepted for publication in Astronomy & Astrophysics, 10 page
The Spitzer search for the transits of HARPS low-mass planets - I. No transit for the super-Earth HD 40307b
We have used Spitzer and its IRAC camera to search for the transit of the
super-Earth HD 40307b. The transiting nature of the planet could not be firmly
discarded from our first photometric monitoring of a transit window because of
the uncertainty coming from the modeling of the photometric baseline. To obtain
a firm result, two more transit windows were observed and a global Bayesian
analysis of the three IRAC time series and the HARPS radial velocities was
performed. Unfortunately, any transit of the planet during the observed phase
window is firmly discarded, while the probability that the planet transits but
that the eclipse was missed by our observations is nearly negligible (0.26%).Comment: Submitted to A&
TRAPPIST: a robotic telescope dedicated to the study of planetary systems
We present here a new robotic telescope called TRAPPIST (TRAnsiting Planets
and PlanetesImals Small Telescope). Equipped with a high-quality CCD camera
mounted on a 0.6 meter light weight optical tube, TRAPPIST has been installed
in April 2010 at the ESO La Silla Observatory (Chile), and is now beginning its
scientific program. The science goal of TRAPPIST is the study of planetary
systems through two approaches: the detection and study of exoplanets, and the
study of comets. We describe here the objectives of the project, the hardware,
and we present some of the first results obtained during the commissioning
phase.Comment: To appear in Detection and Dynamics of Transiting Exoplanets,
Proceedings of Haute Provence Observatory Colloquium (23-27 August 2010),
eds. F. Bouchy, R.F. Diaz & C.Moutou, Platypus press 201
Ground-based monitoring of comet 67P/Churyumov-Gerasimenko gas activity throughout the <i>Rosetta</i> mission
Simultaneously to the ESA Rosetta mission, a world-wide ground-based campaign provided measurements of the large scale activity of comet 67P/Churyumov-Gerasimenko through measurement of optically active gas species and imaging of the overall dust coma. We present more than two years of observations performed with the FORS2 low resolution spectrograph at the VLT, TRAPPIST, and ACAM at the WHT. We focus on the evolution of the CN production, as a tracer of the comet activity. We find that it is asymmetric with respect to perihelion and different from that of the dust. The CN emission is detected for the first time at 1.34 au pre-perihelion and production rates then increase steeply to peak about two weeks after perihelion at (1.00±0.10) ×1025 molecules s−1, while the post-perihelion decrease is more shallow. The evolution of the comet activity is strongly influenced by seasonal effects, with enhanced CN production when the Southern hemisphere is illuminated
WASP-50b: a hot Jupiter transiting a moderately active solar-type star
We report the discovery by the WASP transit survey of a giant planet in a
close orbit (0.0295+-0.0009 AU) around a moderately bright (V=11.6, K=10) G9
dwarf (0.89+-0.08 M_sun, 0.84+-0.03 R_sun) in the Southern constellation
Eridanus. Thanks to high-precision follow-up photometry and spectroscopy
obtained by the telescopes TRAPPIST and Euler, the mass and size of this
planet, WASP-50b, are well constrained to 1.47+-0.09 M_jup and 1.15+-0.05
R_jup, respectively. The transit ephemeris is 2455558.6120 (+-0.0002) + N x
1.955096 (+-0.000005) HJD_UTC. The size of the planet is consistent with basic
models of irradiated giant planets. The chromospheric activity (log R'_HK =
-4.67) and rotational period (P_rot = 16.3+-0.5 days) of the host star suggest
an age of 0.8+-0.4 Gy that is discrepant with a stellar-evolution estimate
based on the measured stellar parameters (rho_star = 1.48+-0.10 rho_sun, Teff =
5400+-100 K, [Fe/H]= -0.12+-0.08) which favours an age of 7+-3.5 Gy. This
discrepancy could be explained by the tidal and magnetic influence of the
planet on the star, in good agreement with the observations that stars hosting
hot Jupiters tend to show faster rotation and magnetic activity (Pont 2009;
Hartman 2010). We measure a stellar inclination of 84 (-31,+6) deg,
disfavouring a high stellar obliquity. Thanks to its large irradiation and the
relatively small size of its host star, WASP-50b is a good target for
occultation spectrophotometry, making it able to constrain the relationship
between hot Jupiters' atmospheric thermal profiles and the chromospheric
activity of their host stars proposed by Knutson et al. (2010).Comment: 9 pages, 8 figures. Accepted for publication in Astronomy &
Astrophysic
Spitzer 3.6 micron and 4.5 micron full-orbit lightcurves of WASP-18
We present new lightcurves of the massive hot Jupiter system WASP-18 obtained
with the Spitzer spacecraft covering the entire orbit at 3.6 micron and 4.5
micron. These lightcurves are used to measure the amplitude, shape and phase of
the thermal phase effect for WASP-18b. We find that our results for the thermal
phase effect are limited to an accuracy of about 0.01% by systematic noise
sources of unknown origin. At this level of accuracy we find that the thermal
phase effect has a peak-to-peak amplitude approximately equal to the secondary
eclipse depth, has a sinusoidal shape and that the maximum brightness occurs at
the same phase as mid-occultation to within about 5 degrees at 3.6 micron and
to within about 10 degrees at 4.5 micron. The shape and amplitude of the
thermal phase curve imply very low levels of heat redistribution within the
atmosphere of the planet. We also perform a separate analysis to determine the
system geometry by fitting a lightcurve model to the data covering the
occultation and the transit. The secondary eclipse depths we measure at 3.6
micron and 4.5 micron are in good agreement with previous measurements and
imply a very low albedo for WASP-18b. The parameters of the system (masses,
radii, etc.) derived from our analysis are in also good agreement with those
from previous studies, but with improved precision. We use new high-resolution
imaging and published limits on the rate of change of the mean radial velocity
to check for the presence of any faint companion stars that may affect our
results. We find that there is unlikely to be any significant contribution to
the flux at Spitzer wavelengths from a stellar companion to WASP-18. We find
that there is no evidence for variations in the times of eclipse from a linear
ephemeris greater than about 100 seconds over 3 years.Comment: 17 pages, 10 figures. Accpeted for publication in MNRA
The thermal emission of the young and massive planet CoRoT-2b at 4.5 and 8 microns
We report measurements of the thermal emission of the young and massive
planet CoRoT-2b at 4.5 and 8 microns with the Spitzer Infrared Array Camera
(IRAC). Our measured occultation depths are 0.510 +- 0.042 % and 0.41 +- 0.11 %
at 4.5 and 8 microns, respectively. In addition to the CoRoT optical
measurements, these planet/star flux ratios indicate a poor heat distribution
to the night side of the planet and are in better agreement with an atmosphere
free of temperature inversion layer. Still, the presence of such an inversion
is not definitely ruled out by the observations and a larger wavelength
coverage is required to remove the current ambiguity. Our global analysis of
CoRoT, Spitzer and ground-based data confirms the large mass and size of the
planet with slightly revised values (Mp = 3.47 +- 0.22 Mjup, Rp = 1.466 +-
0.044 Rjup). We find a small but significant offset in the timing of the
occultation when compared to a purely circular orbital solution, leading to e
cos(omega) = -0.00291 +- 0.00063 where e is the orbital eccentricity and omega
is the argument of periastron. Constraining the age of the system to be at most
of a few hundreds of Myr and assuming that the non-zero orbital eccentricity is
not due to a third undetected body, we model the coupled orbital-tidal
evolution of the system with various tidal Q values, core sizes and initial
orbital parameters. For log(Q_s') = 5 - 6, our modelling is able to explain the
large radius of CoRoT-2b if log(Q_p') <= 5.5 through a transient tidal
circularization and corresponding planet tidal heating event. Under this model,
the planet will reach its Roche limit within 20 Myr at most.Comment: 13 pages, 2 tables, 11 figures. Accepted for publication in Astronomy
and Astrophysic
Detection of a transit of the super-Earth 55 Cnc e with Warm Spitzer
We report on the detection of a transit of the super-Earth 55 Cnc e with warm
Spitzer in IRAC's 4.5-micron band. Our MCMC analysis includes an extensive
modeling of the systematic effects affecting warm Spitzer photometry, and
yields a transit depth of 410 +- 63 ppm, which translates to a planetary radius
of 2.08 +- 0.16 R_Earth as measured in IRAC 4.5-micron channel. A planetary
mass of 7.81 +- 0.58 M_Earth is derived from an extensive set of
radial-velocity data, yielding a mean planetary density of 4.8 +- 1.3 g cm-3.
Thanks to the brightness of its host star (V = 6, K = 4), 55 Cnc e is a unique
target for the thorough characterization of a super-Earth orbiting around a
solar-type star.Comment: Accepted for publication in A&A on 31 July 2011. 9 pages, 7 figures
and 3 tables. Minor changes. The revised version includes a baseline models
comparison and a new figure presenting the spatially- and time-dependent
terms of the model function used in Eq.
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