The EAGLE. A model for policy analysis of macroeconomic interdependence in the euro area

Building on the New Area Wide Model, we develop a 4-region macroeconomic model of the euro area and the world economy. The model (EAGLE, Euro Area and Global Economy model) is microfounded and designed for conducting quantitative policy analysis of macroeconomic interdependence across regions belonging to the euro area and between euro area regions and the world economy. Simulation analysis shows the transmission mechanism of region-specific or common shocks, originating in the euro area and abroad.

Structural reforms and macroeconomic performance in the euro area countries: a model-based assessment

We quantitatively assess the macroeconomic effects of country-specific supply-side reforms in the euro area by simulating a large scale multi-country dynamic general equilibrium model. We consider reforms in the labor and services markets of Germany (or, alternatively, Portugal) and the rest of the euro area. Our main results are as follows. First, there are benefits from implementing unilateral structural reforms. A reduction of markup by 15 percentage points in the German (Portuguese) labor and services market would induce an increase in the long-run German (Portuguese) output equal to 8.8 (7.8) percent. As reforms are implemented gradually over a period of five years, output would smoothly reach its new long-run level in seven years. Second, cross-country coordination of reforms would add extra benefits to each region in the euro area, by limiting the deterioration of relative prices and purchasing power that a country faces when implementing reforms unilaterally. This is true in particular for a small and open economy such as Portugal. Specifically, in the long run German output would increase by 9.2 percent, Portuguese output by 8.6 percent. Third, cross-country coordination would make the macroeconomic performance of the different regions belonging to the euro area more homogeneous, both in terms of price competitiveness and real activity. Overall, our results suggest that reforms implemented apart by each country in the euro area produce positive effects, cross-country coordination produces larger and more evenly distributed (positive) effects.

A Tunable Echelle Imager

We describe and evaluate a new instrument design called a Tunable Echelle Imager (TEI). In this instrument, the output from an imaging Fabry-Perot interferometer is cross-dispersed by a grism in one direction and dispersed by an echelle grating in the perpendicular direction. This forms a mosaic of different narrow-band images of the same field on a detector. It offers a distinct wavelength multiplex advantage over a traditional imaging Fabry-Perot device. Potential applications of the TEI include spectrophotometric imaging and OH-suppressed imaging by rejection.Comment: 11 pages, 12 figures, accepted by PAS

Detection of Earth-like Planets Using Apodized Telescopes

The mission of NASA's Terrestrial Planet Finder (TPF) is to find Earth-like planets orbiting other stars and characterize the atmospheres of these planets using spectroscopy. Because of the enormous brightness ratio between the star and the reflected light from the planet, techniques must be found to reduce the brightness of the star. The current favorite approach to doing this is with interferometry: interfering the light from two or more separated telescopes with a $\pi$ phase shift, nulling out the starlight. While this technique can, in principle, achieve the required dynamic range, building a space interferometer that has the necessary characteristics poses immense technical difficulties. In this paper, we suggest a much simpler approach to achieving the required dynamic range. By simply adjusting the transmissive shape of a telescope aperture, the intensity in large regions around the stellar image can be reduced nearly to zero. This approach could lead to construction of a TPF using conventional technologies, requiring space optics on a much smaller scale than the current TPF approach.Comment: Accepted for publication in ApJ Letters, 9 pages, 6 figure

First High Contrast Imaging Using a Gaussian Aperture Pupil Mask

Placing a pupil mask with a gaussian aperture into the optical train of current telescopes represents a way to attain high contrast imaging that potentially improves contrast by orders of magnitude compared to current techniques. We present here the first observations ever using a gaussian aperture pupil mask (GAPM) on the Penn State near-IR Imager and Spectrograph (PIRIS) at the Mt. Wilson 100$^{\prime\prime}$ telescope. Two nearby stars were observed, $\epsilon$ Eridani and $\mu$ Her A. A faint companion was detected around $\mu$ Her A, confirming it as a proper motion companion. Furthermore, the observed H and K magnitudes of the companion were used to constrain its nature. No companions or faint structure were observed for $\epsilon$ Eridani. We found that our observations with the GAPM achieved contrast levels similar to our coronographic images, without blocking light from the central star. The mask's performance also nearly reached sensitivities reported for other ground based adaptive optics coronographs and deep HST images, but did not reach theoretically predicted contrast levels. We outline ways that could improve the performance of the GAPM by an order of magnitude or more.Comment: 8 pages, 4 figures, accepted by ApJ letter

Circularly Symmetric Apodization via Starshaped Masks

Recently, we introduced a class of shaped pupil masks, called spiderweb masks, that produce point spread functions having annular dark zones. With such masks, a single image can be used to probe a star for extrasolar planets. In this paper, we introduce a new class of shaped pupil masks that also provide annular dark zones. We call these masks starshaped masks. Given any circularly symmetric apodization function, we show how to construct a corresponding starshaped mask that has the same point-spread function (out to any given outer working distance) as obtained by the apodization.Comment: Paper also at: http://www.orfe.princeton.edu/~rvdb/tex/starshape/ms.pdf Updated to clarify misleading statements regarding total throughput for apodizations and their corresponding starshaped mask

Theoretical Limits on Extrasolar Terrestrial Planet Detection with Coronagraphs

Many high contrast coronagraph designs have recently been proposed. In this paper, their suitability for direct imaging of extrasolar terrestrial planets is reviewed. We also develop a linear-algebra based model of coronagraphy that can both explain the behavior of existing coronagraphs and quantify the coronagraphic performance limit imposed by fundamental physics. We find that the maximum theoretical throughput of a coronagraph is equal to one minus the non-aberrated non-coronagraphic PSF of the telescope. We describe how a coronagraph reaching this fundamental limit may be designed, and how much improvement over the best existing coronagraph design is still possible. Both the analytical model and numerical simulations of existing designs also show that this theoretical limit rapidly degrades as the source size is increased: the ``highest performance'' coronagraphs, those with the highest throughput and smallest Inner Working Angle (IWA), are the most sensitive to stellar angular diameter. This unfortunately rules out the possibility of using a small IWA (lambda/d) coronagraph for a terrestrial planet imaging mission. Finally, a detailed numerical simulation which accurately accounts for stellar angular size, zodiacal and exozodiacal light is used to quantify the efficiency of coronagraph designs for direct imaging of extrasolar terrestrial planets in a possible real observing program. We find that in the photon noise limited regime, a 4m telescope with a theoretically optimal coronagraph is able to detect Earth-like planets around 50 stars with 1hr exposure time per target (assuming 25% throughput and exozodi levels similar to our solar system). We also show that at least 2 existing coronagraph design can approach this level of performance in the ideal monochromatic case considered in this study.Comment: Accepted for publication to ApJ Sup

A Tunable Lyot Filter at Prime Focus: a Method for Tracing Supercluster Scales at z ~ 1

Tunable narrow-band, emission-line surveys have begun to show the ease with which star forming galaxies can be identified in restricted redshift intervals to z ~ 5 with a 4m class telescope. These surveys have been carried out with imaging systems at the Cassegrain or Nasmyth focus and are therefore restricted to fields smaller than 10 arcmin. We now show that tunable narrowband imaging is possible over a 30 arcmin field with a high-performance Lyot filter placed directly in front of a CCD mosaic at the prime focus. Our design is intended for the f/3.3 prime focus of the AAT 3.9m, although similar devices can be envisaged for the Subaru 8m (f/2), Palomar 5m (f/3.4), VISTA 4m (f/6), Mayall 4m (f/2.6) or CFHT 3.6m (f/4). A modified Wynne doublet ensures sub-arcsecond performance over the field. In combination with the new Wide-Field Imaging 8K x 8K mosaic (WFI) at the AAT, the overall throughput (35%) of the system to unpolarised light is expected to be comparable to the TAURUS Tunable Filter (TTF). Unlike the TTF, the field is fully monochromatic and the instrumental profile has much better wing suppression. For targetted surveys of emission-line sources at z ~ 1, a low-resolution (R ~ 150 at 550nm) Lyot filter on a 4m telescope is expected to be comparable or superior to current instruments on 8-10m class telescopes. We demonstrate that the 30 arcmin field is well matched to superclusters at these redshifts such that large-scale structure should be directly observable.Comment: Astrophysical Journal, accepted. 53 pages, 16 figures, aaste

The Performance and Scientific Rationale for an IR Imaging Fourier Transform Spectrograph on a Large Space Telescope

We describe a concept for an imaging spectrograph for a large orbiting observatory such as NASA's proposed Next Generation Space Telescope (NGST) based on an imaging Fourier transform spectrograph (IFTS). An IFTS has several important advantages which make it an ideal instrument to pursue the scientific objectives of NGST. We review the operation of an IFTS and make a quantitative evaluation of the signal-to-noise performance of such an instrument in the context of NGST. We consider the relationship between pixel size, spectral resolution, and diameter of the beamsplitter for imaging and non-imaging Fourier transform spectrographs and give the condition required to maintain spectral modulation efficiency over the entire field of view. We give examples of scientific programs that could be performed with this facility.Comment: 20 pages, 7 Postscript figures. PASP in pres

Design, analysis and test of a microdots apodizer for the Apodized Pupil Lyot Coronagraph

Coronagraphic techniques are required to detect exoplanets with future Extremely Large Telescopes. One concept, the Apodized Pupil Lyot Coronagraph (APLC), is combining an apodizer in the entrance aperture and a Lyot opaque mask in the focal plane. This paper presents the manufacturing and tests of a microdots apodizer optimized for the near IR. The intent of this work is to demonstrate the feasibility and performance of binary apodizers for the APLC. This study is also relevant for any coronagraph using amplitude pupil apodization. A binary apodizer has been designed using a halftone dot process, where the binary array of pixels with either 0% or 100% transmission is calculated to fit the required continuous transmission, i.e. local transmission control is obtained by varying the relative density of the opaque and transparent pixels. An error diffusion algorithm was used to optimize the distribution of pixels that best approximates the required field transmission. The prototype was tested with a coronagraphic setup in the near IR. The transmission profile of the prototype agrees with the theoretical shape within 3% and is achromatic. The observed apodized and coronagraphic images are consistent with theory. However, binary apodizers introduce high frequency noise that is a function of the pixel size. Numerical simulations were used to specify pixel size in order to minimize this effect, and validated by experiment. This paper demonstrates that binary apodizers are well suited for being used in high contrast imaging coronagraphs. The correct choice of pixel size is important and must be adressed considering the scientific field of view.Comment: A&A accepted, 8 page