Bank ownership type and banking relationships

The authors formulate and test hypotheses about the role of bank ownership types-foreign, state-owned, and private domestic banks-in banking relationships, using data from India. The empirical results are consistent with all of their hypotheses with regard to foreign banks. These banks tend to serve as the main bank for transparent firms, and firms with foreign main banks are most likely to have multiple banking relationships, have the most relationships, and diversify relationships across bank ownership types. The data are also consistent with the hypothesis that firms with state-owned main banks are relatively unlikely to diversify across bank ownership types. However, state-owned banks often do not provide the main relationship for firms they are mandated to serve (for example, small, opaque firms), and the predictions of negative effects on multiple banking and number of relationships hold for only one type of state-owned bank.Banks&Banking Reform,Financial Intermediation,Financial Crisis Management&Restructuring,Banking Law,Economic Theory&Research

Geometric Hamilton-Jacobi Theory

The Hamilton-Jacobi problem is revisited bearing in mind the consequences arising from a possible bi-Hamiltonian structure. The problem is formulated on the tangent bundle for Lagrangian systems in order to avoid the bias of the existence of a natural symplectic structure on the cotangent bundle. First it is developed for systems described by regular Lagrangians and then extended to systems described by singular Lagrangians with no secondary constraints. We also consider the example of the free relativistic particle, the rigid body and the electron-monopole system.Comment: 40 page

Spin self-rephasing and very long coherence times in a trapped atomic ensemble

We perform Ramsey spectroscopy on the ground state of ultra-cold 87Rb atoms magnetically trapped on a chip in the Knudsen regime. Field inhomogeneities over the sample should limit the 1/e contrast decay time to about 3 s, while decay times of 58 s are actually observed. We explain this surprising result by a spin self-rephasing mechanism induced by the identical spin rotation effect originating from particle indistinguishability. We propose a theory of this synchronization mechanism and obtain good agreement with the experimental observations. The effect is general and susceptible to appear in other physical systems.Comment: Revised version; improved description of the theoretical treatmen

Geometric Hamilton-Jacobi Theory for Nonholonomic Dynamical Systems

The geometric formulation of Hamilton--Jacobi theory for systems with nonholonomic constraints is developed, following the ideas of the authors in previous papers. The relation between the solutions of the Hamilton--Jacobi problem with the symplectic structure defined from the Lagrangian function and the constraints is studied. The concept of complete solutions and their relationship with constants of motion, are also studied in detail. Local expressions using quasivelocities are provided. As an example, the nonholonomic free particle is considered.Comment: 22 p

Dynamics of hard-sphere suspension using Dynamic Light Scattering and X-Ray Photon Correlation Spectroscopy: dynamics and scaling of the Intermediate Scattering Function

Intermediate Scattering Functions (ISF's) are measured for colloidal hard sphere systems using both Dynamic Light Scattering (DLS) and X-ray Photon Correlation Spectroscopy (XPCS). We compare the techniques, and discuss the advantages and disadvantages of each. Both techniques agree in the overlapping range of scattering vectors. We investigate the scaling behaviour found by Segre and Pusey [1] but challenged by Lurio et al. [2]. We observe a scaling behaviour over several decades in time but not in the long time regime. Moreover, we do not observe long time diffusive regimes at scattering vectors away from the peak of the structure factor and so question the existence of a long time diffusion coefficients at these scattering vectors.Comment: 21 pages, 11 figure

Renormalization Group and Grand Unification with 331 Models

By making a renormalization group analysis we explore the possibility of having a 331 model as the only intermediate gauge group between the standard model and the scale of unification of the three coupling constants. We shall assume that there is no necessarily a group of grand unification at the scale of convergence of the couplings. With this scenario, different 331 models and their corresponding supersymmetric versions are considered, and we find the versions that allow the symmetry breaking described above. Besides, the allowed interval for the 331 symmetry breaking scale, and the behavior of the running coupling constants are obtained. It worths saying that some of the supersymmetric scenarios could be natural frameworks for split supersymmetry. Finally, we look for possible 331 models with a simple group at the grand unification scale, that could fit the symmetry breaking scheme described above.Comment: 18 pages. 3 figures. Some results reinterpreted, a new section and references added. Version to appear in International Journal of Modern Physics

Using particle size distributions to fingerprint suspended sediment sources Evaluation at laboratory and catchment scales

Applications of sediment source fingerprinting studies are growing globally despite the high costs and workloads associated with the analyses of conventional fingerprint properties on target sediment samples collected using traditional methods. To this end, there is a need to test new fingerprint properties that can overcome these challenges. Sediment particle size could potentially contribute here since it is relatively easy to measure but, until now, has rarely been deployed as a fingerprint itself. Instead, particle size has been used to ensure that source and target sediment samples are more directly comparable on the basis of the fingerprints used. Accordingly, this work examined whether particle size distributions (PSDs) could be used as a reliable fingerprint for apportioning sediment sources, in combination with a grain size un-mixing model. Application of PSDs as a fingerprint was tested at two scales: (i) in a laboratory setting where soil samples with known PSDs were used to generate artificial mixtures to evaluate un-mixing model results, and (ii) a catchment setting comparing PSDs in a confluence-based approach to test if downstream target sediment PSDs could be un-mixed into the contributions of sediment coming from an upstream and a tributary sampling site. Laboratory results showed that the known proportions of the two, three and four soil samples in the artificial mixtures were predicted accurately using the AnalySize grain size un-mixing model, giving average absolute errors of 9%, 8% and 6%, respectively. Catchment results showed variable performances when comparing un-mixing results with sediment budget estimations, with the best results obtained at higher discharge values during storm runoff events. Overall, our results suggest the potential of using PSDs for estimating contributions of sediment sources delivering SS with distinct PSDs when sources are located at short distance to the downstream sampling site

High-order Harmonic Generation and Dynamic Localization in a driven two-level system, a non-perturbative solution using the Floquet-Green formalism

We apply the Floquet-Green operator formalism to the case of a harmonically-driven two-level system. We derive exact expressions for the quasi-energies and the components of the Floquet eigenstates with the use of continued fractions. We study the avoided crossings structure of the quasi-energies as a function of the strength of the driving field and give an interpretation in terms of resonant multi-photon processes. From the Floquet eigenstates we obtain the time-evolution operator. Using this operator we study Dynamic Localization and High-order Harmonic Generation in the non-perturbative regime