"Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010"

This paper shows that the Japanese and Swiss foreign exchange interventions in 2003/04 and 2009/10 seem to have lowered long-term interest rates in a range of industrial countries, including Japan and Switzerland. It seems that this decline was triggered by the investment of the intervention funds in US and euro area bonds and that a global portfolio balance effect made this decline in interest rate spread to other markets, thus easing monetary conditions at home and abroad.

Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010

This paper shows that the Japanese and Swiss foreign exchange interventions in 2003/04 and 2009/10 seem to have lowered long-term interest rates in a range of industrial countries, including Japan and Switzerland. It seems that this decline was triggered by the investment of the intervention funds in US and euro area bonds and that a global portfolio balance effect made this decline in interest rate spread to other markets, thus easing monetary conditions at home and abroad.

Time-resolved photoelectron spectroscopy of proton transfer in the ground state of chloromalonaldehyde: Wave-packet dynamics on effective potential surfaces of reduced dimensionality

We report on a simple but widely useful method for obtaining time-independent potential surfaces of reduced dimensionality wherein the coupling between reaction and substrate modes is embedded by averaging over an ensemble of classical trajectories. While these classically averaged potentials with their reduced dimensionality should be useful whenever a separation between reaction and substrate modes is meaningful, their use brings about significant simplification in studies of time-resolved photoelectron spectra in polyatomic systems where full-dimensional studies of skeletal and photoelectron dynamics can be prohibitive. Here we report on the use of these effective potentials in the studies of dump-probe photoelectron spectra of intramolecular proton transfer in chloromalonaldehyde. In these applications the effective potentials should provide a more realistic description of proton-substrate couplings than the sudden or adiabatic approximations commonly employed in studies of proton transfer. The resulting time-dependent photoelectron signals, obtained here assuming a constant value of the photoelectron matrix element for ionization of the wave packet, are seen to track the proton transfer

Real-time observation of intramolecular proton transfer in the electronic ground state of chloromalonaldehyde: An ab initio study of time-resolved photoelectron spectra

The authors report on studies of time-resolved photoelectron spectra of intramolecular proton transfer in the ground state of chloromalonaldehyde, employing ab initio photoionization matrix elements and effective potential surfaces of reduced dimensionality, wherein the couplings of proton motion to the other molecular vibrational modes are embedded by averaging over classical trajectories. In the simulations, population is transferred from the vibrational ground state to vibrationally hot wave packets by pumping to an excited electronic state and dumping with a time-delayed pulse. These pump-dump-probe simulations demonstrate that the time-resolved photoelectron spectra track proton transfer in the electronic ground state well and, furthermore, that the geometry dependence of the matrix elements enhances the tracking compared with signals obtained with the Condon approximation. Photoelectron kinetic energy distributions arising from wave packets localized in different basins are also distinguishable and could be understood, as expected, on the basis of the strength of the optical couplings in different regions of the ground state potential surface and the Franck-Condon overlaps of the ground state wave packets with the vibrational eigenstates of the ion potential surface

Holographic (De)confinement Transitions in Cosmological Backgrounds

For type IIB supergravity with a running axio-dilaton, we construct bulk solutions which admit a cosmological background metric of Friedmann-Robertson-Walker type. These solutions include both a dark radiation term in the bulk as well as a four-dimensional (boundary) cosmological constant, while gravity at the boundary remains non-dynamical. We holographically calculate the stress-energy tensor, showing that it consists of two contributions: The first one, generated by the dark radiation term, leads to the thermal fluid of N = 4 SYM theory, while the second, the conformal anomaly, originates from the boundary cosmological constant. Conservation of the boundary stress tensor implies that the boundary cosmological constant is time-independent, such that there is no exchange between the two stress-tensor contributions. We then study (de)confinement by evaluating the Wilson loop in these backgrounds. While the dark radiation term favours deconfinement, a negative cosmological constant drives the system into a confined phase. When both contributions are present, we find an oscillating universe with negative cosmological constant which undergoes periodic (de)confinement transitions as the scale of three space expands and re-contracts.Comment: 31 pages, 5 figures, v2: Reference adde

Assessment of somaclonal variation for salinity tolerance in sweet potato regenerated plants

Genetic variation is the source for plant breeding. Somaclonal variation is genetic variation induced during tissue culture and also during ordinary growth in vivo, and occurs rather, often in sweet potato. The aim of the present study was to evaluate the degree of somaclonal variation in regeneration via somatic embryogenesis by phenotypic analysis under salinity stress condition and to assess the potential of somaclonal variation for development of salinity tolerant cultivar in sweet potato. The regenerated and control plants were evaluated under an established in vitro salinity screen system where media were supplemented with 0, 75, 150 and 200 mM of NaCl. The data for parameters (number of roots, length of roots, leaf and root condition) was recorded in three repeat tests. Data analysis suggested a significant variation in salinity tolerance among regenerated and control plants that proved the occurrence of somaclonal variation in regenerated plants. Despite none of the regenerated line was selected as a salt tolerant line, present study shows that regenerated plants exhibited somaclonal variation that can be utilized for selection of desired traits in sweet potato.Key words: Sweet potato, regeneration, somaclonal variation, salinity tolerance

Low-energy excitations of the one-dimensional half-filled SU(4) Hubbard model with an attractive on-site interaction: Density-matrix renormalization-group calculations and perturbation theory

We investigate low-energy excitations of the one-dimensional half-filled SU(4) Hubbard model with an attractive on-site interaction U < 0 using the density matrix renormalization group method as well as a perturbation theory. We find that the ground state is a charge density wave state with a long range order. The ground state is completely incompressible since all the excitations are gapful. The charge gap which is the same as the four-particle excitation gap is a non-monotonic function of U, while the spin gap and others increase with increasing |U| and have linear asymptotic behaviors.Comment: 4 pages, 3 figures, submitte

Topological properties of Berry's phase

By using a second quantized formulation of level crossing, which does not assume adiabatic approximation, a convenient formula for geometric terms including off-diagonal terms is derived. The analysis of geometric phases is reduced to a simple diagonalization of the Hamiltonian in the present formulation. If one diagonalizes the geometric terms in the infinitesimal neighborhood of level crossing, the geometric phases become trivial for any finite time interval $T$. The topological interpretation of Berry's phase such as the topological proof of phase-change rule thus fails in the practical Born-Oppenheimer approximation, where a large but finite ratio of two time scales is involved.Comment: 9 pages. A new reference was added, and the abstract and the presentation in the body of the paper have been expanded and made more precis

Pregnenolone Sulfate Potentiates the Inwardly Rectifying K+ Channel Kir2.3

BACKGROUND:Neurosteroids have various physiological and neuropsychopharmacological effects. In addition to the genomic effects of steroids, some neurosteroids modulate several neurotransmitter receptors and channels, such as N-methyl-D-aspartate receptors, gamma-aminobutyric acid type A (GABA(A)) receptors, and sigma(1) receptors, and voltage-gated Ca(2+) and K(+) channels. However, the molecular mechanisms underlying the various effects of neurosteroids have not yet been sufficiently clarified. In the nervous system, inwardly rectifying K(+) (Kir) channels also play important roles in the control of resting membrane potential, cellular excitability and K(+) homeostasis. Among constitutively active Kir2 channels in a major Kir subfamily, Kir2.3 channels are expressed predominantly in the forebrain, a brain area related to cognition, memory, emotion, and neuropsychiatric disorders. METHODOLOGY/PRINCIPAL FINDINGS:The present study examined the effects of various neurosteroids on Kir2.3 channels using the Xenopus oocyte expression assay. In oocytes injected with Kir2.3 mRNA, only pregnenolone sulfate (PREGS), among nine neurosteroids tested, reversibly potentiated Kir2.3 currents. The potentiation effect was concentration-dependent in the micromolar range, and the current-voltage relationship showed inward rectification. However, the potentiation effect of PREGS was not observed when PREGS was applied intracellularly and was not affected by extracellular pH conditions. Furthermore, although Kir1.1, Kir2.1, Kir2.2, and Kir3 channels were insensitive to PREGS, in oocytes injected with Kir2.1/Kir2.3 or Kir2.2/Kir2.3 mRNA, but not Kir2.1/Kir2.2 mRNA, PREGS potentiated Kir currents. These potentiation properties in the concentration-response relationships were less potent than for Kir2.3 channels, suggesting action of PREGS on Kir2.3-containing Kir2 heteromeric channels. CONCLUSIONS/SIGNIFICANCE:The present results suggest that PREGS acts as a positive modulator of Kir2.3 channels. Kir2.3 channel potentiation may provide novel insights into the various effects of PREGS

Phase diagram of depleted Heisenberg model for CaV4O9

We have numerically investigated the 1/5-depleted Heisenberg square lattice representing CaV4O9 using the Quantum Monte Carlo loop algorithm. We have determined the phase diagram of the model as a function of the ratio of the two different couplings: bonds within a plaquette and dimer bonds between plaquettes. By calculating both the spin gap and the staggered magnetization we determine the range of stability of the long range ordered (LRO) phase. At isotropic coupling LRO survives the depletion. But the close vicinity of the isotropic point to the spin gap phase leads us to the conclusion that already a small frustrating next nearest neighbor interaction can drive the system into the quantum disordered phase and thus explain the spin gap behavior of CaV4O9