Diverging fluctuations of the Lyapunov exponents

D. P. acknowledges support by MINECO (Spain) under a Ramón y Cajal fellowship. We acknowledge support by MINECO (Spain) under Project No. FIS2014-59462-P.Peer reviewedPublisher PD

Dipolar ground state of planar spins on triangular lattices

An infinite triangular lattice of classical dipolar spins is usually considered to have a ferromagnetic ground state. We examine the validity of this statement for finite lattices and in the limit of large lattices. We find that the ground state of rectangular arrays is strongly dependent on size and aspect ratio. Three results emerge that are significant for understanding the ground state properties: i) formation of domain walls is energetically favored for aspect ratios below a critical valu e; ii) the vortex state is always energetically favored in the thermodynamic limit of an infinite number of spins, but nevertheless such a configuration may not be observed even in very large lattices if the aspect ratio is large; iii) finite range approximations to actual dipole sums may not provide the correct ground sta te configuration because the ferromagnetic state is linearly unstable and the domain wall energy is negative for any finite range cutoff.Comment: Several short parts have been rewritten. Accepted for publication as a Rapid Communication in Phys. Rev.

Breakdown of metastable step-flow growth on vicinal surfaces induced by nucleation

We consider the growth of a vicinal crystal surface in the presence of a step-edge barrier. For any value of the barrier strength, measured by the length l_es, nucleation of islands on terraces is always able to destroy asymptotically step-flow growth. The breakdown of the metastable step-flow occurs through the formation of a mound of critical width proportional to L_c=1/sqrt(l_es), the length associated to the linear instability of a high-symmetry surface. The time required for the destabilization grows exponentially with L_c. Thermal detachment from steps or islands, or a steeper slope increase the instability time but do not modify the above picture, nor change L_c significantly. Standard continuum theories cannot be used to evaluate the activation energy of the critical mound and the instability time. The dynamics of a mound can be described as a one dimensional random walk for its height k: attaining the critical height (i.e. the critical size) means that the probability to grow (k->k+1) becomes larger than the probability for the mound to shrink (k->k-1). Thermal detachment induces correlations in the random walk, otherwise absent.Comment: 10 pages. Minor changes. Accepted for publication in Phys. Rev.

Market microstructure, bank's behaviour and interbank spreads

We present an empirical analysis of the European electronic interbank market of overnight lending (e-MID) during the years 1999–2009. The main goal of the paper is to explain the observed changes of the cross-sectional dispersion of lending/borrowing conditions before, during and after the 2007–2008 subprime crisis. Unlike previous contributions, that focused on banks’ dependent and macro information as explanatory variables, we address the role of banks’ behaviour and market microstructure as determinants of the credit spreads

Nonmonotonic roughness evolution in unstable growth

The roughness of vapor-deposited thin films can display a nonmonotonic dependence on film thickness, if the smoothening of the small-scale features of the substrate dominates over growth-induced roughening in the early stage of evolution. We present a detailed analysis of this phenomenon in the framework of the continuum theory of unstable homoepitaxy. Using the spherical approximation of phase ordering kinetics, the effect of nonlinearities and noise can be treated explicitly. The substrate roughness is characterized by the dimensionless parameter $Q = W_0/(k_0 a^2)$, where $W_0$ denotes the roughness amplitude, $k_0$ is the small scale cutoff wavenumber of the roughness spectrum, and $a$ is the lattice constant. Depending on $Q$, the diffusion length $l_D$ and the Ehrlich-Schwoebel length $l_{ES}$, five regimes are identified in which the position of the roughness minimum is determined by different physical mechanisms. The analytic estimates are compared by numerical simulations of the full nonlinear evolution equation.Comment: 16 pages, 6 figures, to appear on Phys. Rev.

Kinetics of phase transformations with heterogeneous correlated-nucleation

We develop a stochastic approach for describing 3D-phase transformations ruled by time-dependent correlated nucleation at solid surfaces. The kinetics is expressed as a series of correlation functions and, at odds with modeling based on Poisson statistics, it is formulated in terms of actual nucleation rate. It is shown that truncation of the series up to second order terms in correlation functions provides a very good approximation of the kinetics. The time evolution of both total amount of growing phase and surface coverage by the new phase have been determined. The theory is applied to describe progressive nucleation with parabolic growth under time dependent hard-disk correlation. This approach is particularly suitable for describing electrochemical deposition by nucleation and growth where correlation effects are significant. In this ambit the effect of correlated nucleation on the behavior of kinetic quantities used to study electrodeposition has also been investigated

Coarsening in surface growth models without slope selection

We study conserved models of crystal growth in one dimension [$\partial_t z(x,t) =-\partial_x j(x,t)$] which are linearly unstable and develop a mound structure whose typical size L increases in time ($L = t^n$). If the local slope ($m =\partial_x z$) increases indefinitely, $n$ depends on the exponent $\gamma$ characterizing the large $m$ behaviour of the surface current $j$ ($j = 1/|m|^\gamma$): $n=1/4$ for $1< \gamma <3$ and $n=(1+\gamma)/(1+5\gamma)$ for $\gamma>3$.Comment: 7 pages, 2 EPS figures. To be published in J. Phys. A (Letter to the Editor