Conference overview : issues to be raised

Debit cards ; Credit cards

General discussion : Evans and Schmalensee

Debit cards ; Credit cards

Extensive ground state entropy in supersymmetric lattice models

We present the result of calculations of the Witten index for a supersymmetric lattice model on lattices of various type and size. Because the model remains supersymmetric at finite lattice size, the Witten index can be calculated using row-to-row transfer matrices and the calculations are similar to calculations of the partition function at negative activity -1. The Witten index provides a lower bound on the number of ground states. We find strong numerical evidence that the Witten index grows exponentially with the number of sites of the lattice, implying that the model has extensive entropy in the ground state.Comment: 7 figure

General discussion : Weiner-Wright : Interchange fees in various countries : developments and determinants

Debit cards ; Credit cards

Does trade integration alter monetary policy transmission?

This paper explores the role of trade integration—or openness—for monetary policy transmission in a medium-scale New Keynesian model. Allowing for strategic complementarities in price-setting, we highlight a new dimension of the exchange rate channel by which monetary policy directly impacts domestic inflation. Although the strength of this effect increases with economic openness, it also requires that import prices respond to exchange rate changes. In this case domestic producers find it optimal to adjust their prices to exchange rate changes which alter the domestic currency price of their foreign competitors. We pin down key parameters of the model by matching impulse responses obtained from a vector autoregression on U.S. time series relative to an aggregate of industrialized countries. While we find evidence for strong complementarities, exchange rate pass-through is limited. Openness has therefore little bearing on monetary transmission in the estimated model

Phenomenological Study of Decoherence in Solid-State Spin Qubits due to Nuclear Spin Diffusion

We present a study of the prospects for coherence preservation in solid-state spin qubits using dynamical decoupling protocols. Recent experiments have provided the first demonstrations of multipulse dynamical decoupling sequences in this qubit system, but quantitative analyses of potential coherence improvements have been hampered by a lack of concrete knowledge of the relevant noise processes. We present simulations of qubit coherence under the application of arbitrary dynamical decoupling pulse sequences based on an experimentally validated semiclassical model. This phenomenological approach bundles the details of underlying noise processes into a single experimentally relevant noise power spectral density. Our results show that the dominant features of experimental measurements in a two-electron singlet-triplet spin qubit can be replicated using a $1/\omega^{2}$ noise power spectrum associated with nuclear-spin-flips in the host material. Beginning with this validation we address the effects of nuclear programming, high-frequency nuclear-spin dynamics, and other high-frequency classical noise sources, with conjectures supported by physical arguments and microscopic calculations where relevant. Our results provide expected performance bounds and identify diagnostic metrics that can be measured experimentally in order to better elucidate the underlying nuclear spin dynamics.Comment: Updated References. Related articles at: http://www.physics.usyd.edu.au/~mbiercuk/Publications.htm

The Scope of Conflict in International Merger Control

In this paper, we analyse the scope for conflict between national merger control agencies which assert jurisdictions simultaneously. We consider a positive model of merger control in which market definition and the analysis of dominance are both explicitly specified. We find that conflict in international merger control is less likely to occur when economic integration is high. Hence, "globalisation" should alleviate rather than exacerbate conflict. In addition, we observe that conflict is less likely to arise between countries of different size and for extreme policy rules (very lenient or very strict) towards dominance.international antitrust; merger control; extra-territoriality