W(h)ither the Fed’s balance sheet?

Federal Reserve policymakers have expressed their support for ultimately shrinking the Fed’s balance sheet and returning the composition of its portfolio to only Treasury securities. Policymakers also favor returning to a fed-funds-rate-targeting procedure or something quite similar. While Fed holdings of some asset classes have been diminishing naturally, the orderly reduction of others could involve special tools that the Fed has been putting in place for a while. An ongoing issue will be to determine an optimal sequence of appropriate actions.Monetary policy - United States ; Federal Reserve System ; Financial crises

Improved Limit on theta_{13} and Implications for Neutrino Masses in Neutrino-less Double Beta Decay and Cosmology

We analyze the impact of a measurement, or of an improved bound, on theta_{13} for the determination of the effective neutrino mass in neutrino-less double beta decay and cosmology. In particular, we discuss how an improved limit on (or a specific value of) theta_{13} can influence the determination of the neutrino mass spectrum via neutrino-less double beta decay. We also discuss the interplay with improved cosmological neutrino mass searches.Comment: 22 pages, 5 figures. Minor corrections, matches version in PR

Quark-lepton mass unification at TeV scales

A scenario combining a model of early (TeV) unification of quarks and leptons with the physics of large extra dimensions provides a natural mechanism linking quark and lepton masses at TeV scale. This has been dubbed as early quark-lepton mass unification by one of us (PQH) in one of the two models of early quark-lepton unification, which are consistent with data, namely SU(4)_PS \otimes SU(2)_L \otimes SU(2)_R \otimes SU(2)_H. In particular, it focused on the issue of naturally light Dirac neutrino. The present paper will focus on similar issues in the other model, namely SU(4)_PS \otimes SU(3)_L \otimes SU(3)_H.Comment: Accepted for publication in PRD: The new version is in agreement with the accepted manuscrip

En-route to the fission-fusion reaction mechanism: a status update on laser-driven heavy ion acceleration

The fission-fusion reaction mechanism was proposed in order to generate extremely neutron-rich nuclei close to the waiting point N = 126 of the rapid neutron capture nucleosynthesis process (r-process). The production of such isotopes and the measurement of their nuclear properties would fundamentally help to increase the understanding of the nucleosynthesis of the heaviest elements in the universe. Major prerequisite for the realization of this new reaction scheme is the development of laser-based acceleration of ultra-dense heavy ion bunches in the mass range of A = 200 and above. In this paper, we review the status of laser-driven heavy ion acceleration in the light of the fission-fusion reaction mechanism. We present results from our latest experiment on heavy ion acceleration, including a new milestone with laser-accelerated heavy ion energies exceeding 5 MeV/u

Attosecond double-slit experiment

A new scheme for a double-slit experiment in the time domain is presented. Phase-stabilized few-cycle laser pulses open one to two windows (``slits'') of attosecond duration for photoionization. Fringes in the angle-resolved energy spectrum of varying visibility depending on the degree of which-way information are observed. A situation in which one and the same electron encounters a single and a double slit at the same time is discussed. The investigation of the fringes makes possible interferometry on the attosecond time scale. The number of visible fringes, for example, indicates that the slits are extended over about 500as.Comment: 4 figure

Bi-Laplacian Growth Patterns in Disordered Media

Experiments in quasi 2-dimensional geometry (Hele Shaw cells) in which a fluid is injected into a visco-elastic medium (foam, clay or associating-polymers) show patterns akin to fracture in brittle materials, very different from standard Laplacian growth patterns of viscous fingering. An analytic theory is lacking since a pre-requisite to describing the fracture of elastic material is the solution of the bi-Laplace rather than the Laplace equation. In this Letter we close this gap, offering a theory of bi-Laplacian growth patterns based on the method of iterated conformal maps.Comment: Submitted to PRL. For further information see http://www.weizmann.ac.il/chemphys/ander

Autonomous stochastic resonance in fully frustrated Josephson-junction ladders

We investigate autonomous stochastic resonance in fully frustrated Josephson-junction ladders, which are driven by uniform constant currents. At zero temperature large currents induce oscillations between the two ground states, while for small currents the lattice potential forces the system to remain in one of the two states. At finite temperatures, on the other hand, oscillations between the two states develop even below the critical current; the signal-to-noise ratio is found to display array-enhanced stochastic resonance. It is suggested that such behavior may be observed experimentally through the measurement of the staggered voltage.Comment: 6 pages, 11 figures, to be published in Phys. Rev.

Anomalous diffusion in viscosity landscapes

Anomalous diffusion is predicted for Brownian particles in inhomogeneous viscosity landscapes by means of scaling arguments, which are substantiated through numerical simulations. Analytical solutions of the related Fokker-Planck equation in limiting cases confirm our results. For an ensemble of particles starting at a spatial minimum (maximum) of the viscous damping we find subdiffusive (superdiffusive) motion. Superdiffusion occurs also for a monotonically varying viscosity profile. We suggest different substances for related experimental investigations.Comment: 15 page