What Causes the Volatility of the Balancing Item?

This paper analyzes the impacts of timing errors, capital flows and economic openness on the behavior of the balancing item. We choose Norway, Sweden, Philippines and South Africa as sample countries where the size of the balancing item is often excess the IMF's criterion of ‘smallness'. The empirical results show that the sources of the volatility of the balancing item are different among these four countries.Balancing item, Balance of payments

Charm-strange baryon strong decays in a chiral quark model

The strong decays of charm-strange baryons up to N=2 shell are studied in a chiral quark model. The theoretical predictions for the well determined charm-strange baryons, $\Xi_c^*(2645)$, $\Xi_c(2790)$ and $\Xi_c(2815)$, are in good agreement with the experimental data. This model is also extended to analyze the strong decays of the other newly observed charm-strange baryons $\Xi_c(2930)$, $\Xi_c(2980)$, $\Xi_c(3055)$, $\Xi_c(3080)$ and $\Xi_c(3123)$. Our predictions are given as follows. (i) $\Xi_c(2930)$ might be the first $P$-wave excitation of $\Xi_c'$ with $J^P=1/2^-$, favors the $|\Xi_c'\ ^2P_\lambda 1/2^->$or$|\Xi_c'\ ^4P_\lambda 1/2^->$state. (ii)$\Xi_c(2980)$might correspond to two overlapping$P$-wave states$|\Xi_c'\ ^2P_\rho 1/2^->$and$|\Xi_c'\ ^2P_\rho 3/2^->$, respectively. The$\Xi_c(2980)$observed in the$\Lambda_c^+\bar{K}\pi$final state is most likely to be the$|\Xi_c'\ ^2P_\rho 1/2^->$state, while the narrower resonance with a mass$m\simeq 2.97$GeV observed in the$\Xi_c^*(2645)\pi$channel favors to be assigned to the$|\Xi_c'\ ^2P_\rho 3/2^->$state. (iii)$\Xi_c(3080)$favors to be classified as the$|\Xi_c\ S_{\rho\rho} 1/2^+>$state, i.e., the first radial excitation (2S) of$\Xi_c$. (iv)$\Xi_c(3055)$is most likely to be the first$D$-wave excitation of$\Xi_c$with$J^P=3/2^+$, favors the$|\Xi_c\ ^2D_{\lambda\lambda} 3/2^+>$state. (v)$\Xi_c(3123)$might be assigned to the$|\Xi_c'\ ^4D_{\lambda\lambda} 3/2^+>$,$|\Xi_c'\ ^4D_{\lambda\lambda} 5/2^+>$, or$|\Xi_c\ ^2D_{\rho\rho} 5/2^+>$state. As a by-product, we calculate the strong decays of the bottom baryons$\Sigma_b^{\pm}$,$\Sigma_b^{*\pm}$and$\Xi_b^*$, which are in good agreement with the recent observations as well.Comment: 15 pages, 9 figure