Magnetization reversals in a disk-shaped small magnet with an interface

We consider a nanodisk possessing two coupled materials with different ferromagnetic exchange constant. The common border line of the two media passes at the disk center dividing the system exactly in two similar half-disks. The vortex core motion crossing the interface is investigated with a simple description based on a two-dimensional model which mimics a very thin real material with such a line defect. The main result of this study is that, depending on the magnetic coupling which connects the media, the vortex core can be dramatically and repeatedly flipped from up to down and vice versa by the interface. This phenomenon produces burst-like emission of spin waves each time the switching process takes place.Comment: 11 pages, 10 figure

Cyclical Effects of Bank Capital Buffers with Imperfect Credit Markets: international evidence

This paper analyzes the cyclical effects of bank capital buffers using an international sample of 2,361 banks from 92 countries over the 1990-2007 period. We find that capital buffers reduce the bank credit supply but – through what could be “monitoring or signaling effects” – have also an expansionary effect on economic activity by reducing lending and deposit rate spreads. This influence on lending and deposit rate spreads is more pronunced in developing countries and during downturns. The results suggest that capital buffers have a counter-cyclical effect in these countries. Our data do not suggest differences in the cyclical effects of capital buffers between Basel I and Basel II.

Nutrição Parentérica no Recém-Nascido: 1ª Revisão do Consenso Nacional, 2008

Nesta revisão é actualizado o primeiro Consenso Nacional sobre Nutrição Parentérica no Recém-Nascido, publicado em 2004, com especial relevância para as indicações, contra-indicações e limitações, formulação das misturas e armazenamento, suprimento recomendado de líquidos, energia, macronutrientes e micronutrientes, nutrição parentérica em situações particulares, suas principais complicações, estimativa da osmolaridade das soluções, vias de administração, controlo clínico e laboratorial

Sudden Floods, Prudential Regulation and Stability in an Open Economy

We develop a dynamic stochastic model of a middle-income, small open economy with a two-level banking intermediation structure, a risk-sensitive regulatory capital regime, and imperfect capital mobility. Firms borrow from a domestic bank and the bank borrows on world capital markets, in both cases subject to an endogenous premium. A sudden flood in capital flows generates an expansion in credit and activity, and asset price pressures. Countercyclical regulation, in the form of a Basel III-type rule based on real credit gaps, is effective at promoting macroeconomic stability (defined in terms of the volatility of a weighted average of inflation and the output gap) and financial stability (defined in terms of the volatility of a composite index of the nominal exchange rate and house prices). However, because the gain in terms of reduced volatility may exhibit diminishing returns, a countercyclical regulatory rule may need to be supplemented by other, more targeted, macroprudential instruments.

Capital requirements and business cycles with credit market imperfections

The business cycle effects of bank capital regulatory regimes are examined in a New Keynesian model with credit market imperfections and a cost channel of monetary policy. Key features of the model are that bank capital increases incentives for banks to monitor borrowers, thereby reducing the probability of default, and excess capital generates benefits in terms of reduced regulatory scrutiny. Basel I and Basel II-type regulatory regimes are defined, and the model is calibrated for a middle-income country. Simulations of supply and demand shocks show that, depending on the elasticity that relates the repayment probability to the capital-loan ratio, a Basel II-type regime may be less procyclical than a Basel I-type regime.Banks&Banking Reform,Debt Markets,Access to Finance,Economic Theory&Research,Emerging Markets

How hole defects modify vortex dynamics in ferromagnetic nanodisks

Defects introduced in ferromagnetic nanodisks may deeply affect the structure and dynamics of stable vortex-like magnetization. Here, analytical techniques are used for studying, among other dynamical aspects, how a small cylindrical cavity modify the oscillatory modes of the vortex. For instance, we have realized that if the vortex is nucleated out from the hole its gyrotropic frequencies are shifted below. Modifications become even more pronounced when the vortex core is partially or completely captured by the hole. In these cases, the gyrovector can be partially or completely suppressed, so that the associated frequencies increase considerably, say, from some times to several powers. Possible relevance of our results for understanding other aspects of vortex dynamics in the presence of cavities and/or structural defects are also discussed.Comment: 9 pages, 4 page

Emergence of skyrmion lattices and bimerons in chiral magnetic thin films with nonmagnetic impurities

Skyrmions are topologically protected field structures with particlelike characteristics that play important roles in several areas of science. Recently, skyrmions have been directly observed in chiral magnets. Here, we investigate the effects of pointlike nonmagnetic impurities on the distinct initial states (random or helical ones) and on the formation of the skyrmion crystal in a discrete lattice. Using Monte Carlo techniques, we have found that even a small percentage of spin vacancies present in the chiral magnetic thin film considerably affects the skyrmion order. The main effects of impurities are somewhat similar to thermal effects. The presence of these spin vacancies also induces the formation of bimerons in both the helical and skyrmion states. We also investigate how adjacent impurities forming a hole affect the skyrmion crystal