51,633 research outputs found

    Global current account adjustment: a decomposition

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    The rising current account deficit in the USA has attracted considerable attention in recent years. We use the "business cycle accounting" methodology to identify the principal distortions that have affected the external accounts of the US. In particular, we measure distortions in the optimality conditions of a simple two-country general equilibrium model using data from the US and the other G7 countries. We then feed these measured distortions into the model individually and use the simulated counterfactual paths of the current account to determine the contribution of each of these "wedges" to the overall external imbalance of the USA. We find that no single wedge in isolation can account closely for the observed current account. However, a combination of productivity differences and deviations from risk-sharing between the US and the rest of the G7 does the best job in accounting for most of the measured movement of the US current account.

    Generation of pure continuous-variable entangled cluster states of four separate atomic ensembles in a ring cavity

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    A practical scheme is proposed for creation of continuous variable entangled cluster states of four distinct atomic ensembles located inside a high-finesse ring cavity. The scheme does not require a set of external input squeezed fields, a network of beam splitters and measurements. It is based on nothing else than the dispersive interaction between the atomic ensembles and the cavity mode and a sequential application of laser pulses of a suitably adjusted amplitudes and phases. We show that the sequential laser pulses drive the atomic "field modes" into pure squeezed vacuum states. The state is then examined against the requirement to belong to the class of cluster states. We illustrate the method on three examples of the entangled cluster states, the so-called continuous variable linear, square and T-type cluster states.Comment: 9 pages, 3 figure

    Multidimensional optical fractionation with holographic verification

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    The trajectories of colloidal particles driven through a periodic potential energy landscape can become kinetically locked in to directions dictated by the landscape's symmetries. When the landscape is realized with forces exerted by a structured light field, the path a given particle follows has been predicted to depend exquisitely sensitively on such properties as the particle's size and refractive index These predictions, however, have not been tested experimentally. Here, we describe measurements of colloidal silica spheres' transport through arrays of holographic optical traps that use holographic video microscopy to track individual spheres' motions in three dimensions and simultaneously to measure each sphere's radius and refractive index with part-per-thousand resolution. These measurements confirm previously untested predictions for the threshold of kinetically locked-in transport, and demonstrate the ability of optical fractionation to sort colloidal spheres with part-per-thousand resolution on multiple characteristics simultaneously.Comment: 4 pages, 2 figures. Accepted for publication in Physical Review Letter

    Positive exchange bias in ferromagnetic La0.67Sr0.33MnO3 / SrRuO3 bilayers

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    Epitaxial La0.67Sr0.33MnO3 (LSMO)/ SrRuO3 (SRO) ferromagnetic bilayers have been grown on (001) SrTiO3 (STO) substrates by pulsed laser deposition with atomic layer control. We observe a shift in the magnetic hysteresis loop of the LSMO layer in the same direction as the applied biasing field (positive exchange bias). The effect is not present above the Curie temperature of the SRO layer (), and its magnitude increases rapidly as the temperature is lowered below . The direction of the shift is consistent with an antiferromagnetic exchange coupling between the ferromagnetic LSMO layer and the ferromagnetic SRO layer. We propose that atomic layer charge transfer modifies the electronic state at the interface, resulting in the observed antiferromagnetic interfacial exchange coupling.Comment: accepted to Applied Physics Letter

    Extended dual description of Mott transition beyond two-dimensional space

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    Motivated by recent work of Mross and Senthil [Phys. Rev. B \textbf{84}, 165126 (2011)] which provides a dual description for Mott transition from Fermi liquid to quantum spin liquid in two space dimensions, we extend their approach to higher dimensional cases, and we provide explicit formalism in three space dimensions. Instead of the vortices driving conventional Fermi liquid into quantum spin liquid states in 2D, it is the vortex lines to lead to the instability of Fermi liquid in 3D. The extended formalism can result in rich consequences when the vortex lines condense in different degrees of freedom. For example, when the vortex lines condense in charge phase degrees of freedom, the resulting effective fermionic action is found to be equivalent to that obtained by well-studied slave-particle approaches for Hubbard and/or Anderson lattice models, which confirm the validity of the extended dual formalism in 3D. When the vortex lines condense in spin phase degrees of freedom, a doublon metal with a spin gap and an instability to the unconventional superconducting pairing can be obtained. In addition, when the vortex lines condense in both phase degrees, an exotic doubled U(1) gauge theory occurs which describes a separation of spin-opposite fermionic excitations. It is noted that the first two features have been discussed in a similar way in 2D, the last one has not been reported in the previous works. The present work is expected to be useful in understanding the Mott transition happening beyond two space dimensions.Comment: 7 pages, no figure
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