Disintermediation: an old disorder with a new remedy

Disintermediation

Do floating ceilings solve the usury rate problem?

Interest rates

Bank reserve requirements and their enforcement: a comparison across streets

Bank reserves ; Money supply

Nimbus-7 ERB Solar Analysis Tape (ESAT) user's guide

Seven years and five months of Nimbus-7 Earth Radiation Budget (ERB) solar data are available on a single ERB Solar Analysis Tape (ESAT). The period covered is November 16, 1978 through March 31, 1986. The Nimbus-7 satellite performs approximately 14 orbits per day and the ERB solar telescope observes the sun once per orbit as the satellite crosses the southern terminator. The solar data were carefully calibrated and screened. Orbital and daily mean values are given for the total solar irradiance plus other spectral intervals (10 solar channels in all). In addition, selected solar activity indicators are included on the ESAT. The ESAT User's Guide is an update of the previous ESAT User's Guide (NASA TM 86143) and includes more detailed information on the solar data calibration, screening procedures, updated solar data plots, and applications to solar variability. Details of the tape format, including source code to access ESAT, are included

A Mini-survey of X-ray Point Sources in Starburst and Non-Starburst Galaxies

We present a comparison of X-ray point source luminosity functions of 3 starburst galaxies (the Antennae, M82, and NGC 253) and 4 non-starburst spiral galaxies (NGC 3184, NGC 1291, M83, and IC 5332). We find that the luminosity functions of the starbursts are flatter than those of the spiral galaxies; the starbursts have relatively more sources at high luminosities. This trend extends to early-type galaxies which have steeper luminosity functions than spirals. We show that the luminosity function slope is correlated with 60 micron luminosity, a measure of star formation. We suggest that the difference in luminosity functions is related to the age of the X-ray binary populations and present a simple model which highlights how the shape of the luminosity distribution is affected by the age of the underlying X-ray binary population.Comment: 8 pages, 4 figures. accepted for publication in Ap

Probing Cool and Warm Infrared Galaxies using Photometric and Structural Measures

We have analyzed a sample of nearby cool and warm infrared (IR) galaxies using photometric and structural parameters. The set of measures include far-infrared color ($C = \log_{10}[S_{60\mu m}/S_{100\mu m}]$), total IR luminosity ($L_{TIR}$), radio surface brightness as well as radio, near-infrared, and optical sizes. In a given luminosity range cool and warm galaxies are considered as those sources that are found approximately $1 \sigma$ below and above the mean color in the far-infrared $C - L_{TIR}$ diagram. We find that galaxy radio surface brightness is well correlated with color whereas size is less well correlated with color. Our analysis indicates that IR galaxies that are dominated by cool dust are large, massive spirals that are not strongly interacting or merging and presumably the ones with the least active star formation. Dust in these cool objects is less centrally concentrated than in the more typical luminous and ultra-luminous IR galaxies that are dominated by warm dust. Our study also shows that low luminosity early type unbarred and transitional spirals are responsible for the large scatter in the $C - L_{TIR}$ diagram. Among highly luminous galaxies, late type unbarred spirals are predominately warm, and early type unbarred and barred are systematically cooler. We highlight the significance of $C - L_{TIR}$ diagram in terms of local and high redshifts sub-millimeter galaxies.Comment: Accepted for publication in ApJ, 2006, 23 pages, 3 postscript figures, 1 table. The table can be obtained on request from the author

The far-infrared energy distributions of Seyfert and starburst galaxies in the Local Universe: ISO photometry of the 12 micron active galaxy sample

New far-infrared photometry with ISOPHOT, onboard the Infrared Space Observatory, is presented for 58 galaxies with homogeneous published data for another 32 galaxies all belonging to the 12 micron galaxy sample. In total 29 Seyfert 1's, 35 Seyfert 2's and 12 starburst galaxies, about half of the 12 micron active galaxy sample, plus 14 normal galaxies for comparison. The ISO and the IRAS data are used to define color-color diagrams and spectral energy distributions (SED). Thermal dust emission at two temperatures (one cold at 15-30K and one warm at 50-70K) can fit the 60-200 micron SED, with a dust emissivity law proportional to the inverse square of the wavelength. Seyfert 1's and Seyfert 2's are indistinguishable longward of 100 micron, while, as already seen by IRAS, the former have flatter SEDs shortward of 60 micron. A mild anti-correlation is found between the [200 - 100] color and the "60 micron excess". We infer that this is due to the fact that galaxies with a strong starburst component, and thus a strong 60 micron flux, have a steeper far-infrared turnover. In non-Seyfert galaxies, increasing the luminosity corresponds to increasing the star formation rate, that enhances the 25 and 60 micron emission. This shifts the peak emission from around 150 micron in the most quiescent spirals to shorter than 60 micron in the strongest starburst galaxies.Comment: Accepted for publication in The Astrophysical Journal AASTeX preprint with 49 pages and 20 figures Also available at http://orion.ifsi.rm.cnr.it/publ.htm

200-µm ISO observations of NGC 6946: evidence for an extended distribution of cold dust

We have used the Infrared Space Observatory (ISO) to obtain a resolved 200-μm image of the nearby spiral galaxy NGC 6946. We compare these observations with those made at 60 and 100 μm by the Infrared Astronomical Satellite (IRAS). Whereas IRAS mainly detected warm dust (T ≈30 K) heated by star-forming regions, ISO detects an extended distribution of cold dust (T ≤ 22 K) that is heated by the general interstellar radiation field. The IRAS emission tends to follow the molecular gas while it appears that the colder dust has a stronger association with atomic hydrogen. The cold dust is more extended in the radial direction than the optical, near-infrared, IRAS and radio continuum (20 cm) emission. The total gas-to-dust mass ratio is found to be ≈290. This is much closer to the Galactic value of ≈160 than the value of 1240 found using IRAS data onl

Solar variability indications from Nimbus 7 satellite data

The cavity pyrheliometer sensor of the Nimbus 7 Earth Radiation Experiment indicated low-level variability of the total solar irradiance. The variability appears to be inversely correlated with common solar activity indicators in an event sense. the limitations of the measuring system and available data sets are described