The default premium and corporate bond experience

A study that represents the first effort to tie together the differential returns required by holders of low-rated coporate bonds and the actual default experiences of these issues.Debt ; Corporate bonds

PRICE SUPPORTS, RISK AVERSION AND U.S. DAIRY POLICY: AN ALTERNATIVE PERSPECTIVE OF THE LONG-TERM IMPACTS

Agricultural and Food Policy,

Influence of carrier lifetime on quantum criticality and superconducting Tc of (TMTSF)_2ClO_4

This work presents and analyzes electrical resistivity data on the organic superconductor (TMTSF)$_2$ClO$_4$ and their anion substituted alloys (TMTSF)$_2$(ClO$_4$)$_{1-x}$(ReO$_4$)$_x$ along the least conducting $c^\star$ axis. Nonmagnetic disorder introduced by finite size domains of anion ordering on non Fermi liquid character of resistivity is investigated near the conditions of quantum criticality. The evolution of the $T$-linear resistivity term with anion disorder shows a limited decrease in contrast with the complete suppression of the critical temperature $T_c$ as expected for unconventional superconductivity beyond a threshold value of $x$. The resulting breakdown of scaling between both quantities is compared to the theoretical predictions of a linearized Boltzmann equation combined to the scaling theory of umklapp scattering in the presence of disorder induced pair-breaking for the carriers.Comment: 13 pages, 8 figure

Properties of unique hard X-ray dips observed from GRS 1915+105 and IGR J17091-3624 and their implications

We report a comprehensive study on spectral and timing properties of hard X-ray dips uniquely observed in some so-called variability classes of the micro-quasars GRS 1915+105 and IGR J17091-3624. These dips are characterized by a sudden decline in the 2.0-60.0 keV X-ray intensity by a factor of 4-12 simultaneous with the increase in hardness ratio by a factor of 2-4. Using 31 observations of GRS 1915+105 with RXTE/PCA, we show that different behavior are observed in different types of variability classes, and we find that a dichotomy is observed between classes with abrupt transitions vs those with smoother evolution. For example, both energy-lag spectra and frequency-lag spectra of hard X-ray dips in classes with abrupt transitions and shorter dip intervals show hard-lag (hard photons lag soft photons), while both lag spectra during hard dips in classes with smoother evolution and longer dip intervals show soft-lag. Both lag time-scales are of the order of 100-600 msec. We also show that timing and spectral properties of hard X-ray dips observed in light curves of IGR J17091-3624 during its 2011 outburst are consistent with the properties of the abrupt transitions in GRS 1915+105 rather than smooth evolution. A global correlation between the X-ray intensity cycle time and hard dip time is observed for both abrupt and smooth transition which may be due to two distinct physical processes whose time-scales are eventually correlated. We discuss implications of our results in the light of some generic models.Comment: 17 pages, 5 figures, accepted for publication in the Astrophysical Journa

Compatriot and foreigner : a study of impression formation in three countries

Caption title"February 5, 1957."At head of title: Communications Program. Experimental Section"350"--handwritten on coverIncludes bibliographical references (leaf 21