An international survey of stress tests

In the summer of 2000, central banks from the Group of Ten countries surveyed large international banks about their use of stress tests_a risk management tool that measures a firm's exposure to extreme movements in asset prices. The survey findings highlight the risks that most concern financial institutions and clarify how these institutions use stress tests in their overall risk management programs.Risk management ; Risk assessment ; Financial services industry

Geometric phase for an adiabatically evolving open quantum system

We derive an elegant solution for a two-level system evolving adiabatically under the influence of a driving field with a time-dependent phase, which includes open system effects such as dephasing and spontaneous emission. This solution, which is obtained by working in the representation corresponding to the eigenstates of the time-dependent Hermitian Hamiltonian, enables the dynamic and geometric phases of the evolving density matrix to be separated and relatively easily calculated.Comment: 10 pages, 0 figure

Bounds on R-parity Violation from Resonant Slepton Production at the LHC

We consider the ATLAS and CMS searches for dijet resonances, as well as the ATLAS search for like-sign dimuon pairs at the LHC with 7 TeV center of mass energy. We interpret their exclusions in terms of bounds on the supersymmetric R-parity violating parameter space. For this we focus on resonant slepton production followed by the corresponding decay.Comment: 17 pages, 11 figures, 3 table

Early Globus Pallidus Internus Stimulation in Pediatric Patients With Generalized Primary Dystonia: Long-Term Efficacy and Safety

Primary generalized dystonia presents mainly at a young age and commonly is severely disabling. The authors report the long-term follow-up (mean, 73 months; range, 50-101 months) of 5 pediatric patients (mean age at surgery 13 years; range, 8-16 years) undergoing globus pallidus internus deep brain stimulation. Mean improvement in the Burke-Fahn-Marsden movement score was 67.4% (range, 47.0%-87.5%), 75.4% (range, 61.5%-91.7%), and 83.5% (range, 72.0%-93.3%) at 3 months, 12 months, and long-term follow-up (>36 months), respectively. Hardware problems (electrode dislocation/breakage of extension cable, and imminent perforation of extension cable) were observed in 2 patients (operative revision without sequelae). Except for mild dysarthria in 2 patients, no other therapy-related morbidity was observed. The authors found globus pallidus internus stimulation to offer a very effective and safe therapy in pediatric patients with primary dystonia. Early neurosurgical intervention seems to be crucial to prevent irreversible impairment of motor function

Interplate seismicity at the CRISP site: the 2002 Osa earthquake sequence

The Costa Rica Seismogenesis Project (CRISP) is designed to explore the processes involved in the nucleation of large interplate earthquakes in erosional subduction zones. On 16 June 2002 a magnitude Mw=6.4 earthquake and its aftershocks may have nucleated at the subduction thrust to be penetrated and sampled by CRISP, ~40 km west of Osa Peninsula. Global event locations present uncertainties too large to prove that the event actually occurred at a location and depth reachable by riser drilling. We have compiled a database including foreshocks, the main shock, and ~400 aftershocks, with phase arrival times from all the seismological networks that recorded the 2002 Osa sequence locally. This includes a temporal network of ocean-bottom hydrophones (OBH) that happened to be installed close to the area at the time of the earthquake. The coverage increase provided by the OBH network allow us to better constrain the event relocations, and to further analyze the seismicity in the vicinity of Osa for the six months during which they were deployed. Moreover, we undertook teleseismic waveform inversion to provide additional constraints for the centroid depth of the 2002 Osa earthquake, allowing further study of the focal mechanism. Along the Costa Rican seismogenic zone, the 2002 Osa sequence is the most recent. It nucleated in the SE region of the forearc where this erosional margin is underthrust by a seamount covered ocean plate. A Mw=6.9 earthquake sequence occurred in 1999, co-located with a subducted ridge and associated seamounts. The Osa mainshock and first hours of aftershocks began in the CRISP area, ~30 km seaward of the 1999 sequence. In the following two weeks, subsequent aftershocks migrated into the 1999 aftershock area and also clustered in an area updip from it. The Osa updip seismicity apparently occurred where interplate temperatures are ~100°C or less. In this study, we present the relocation of the 2002 Osa earthquake sequence and background seismicity using different techniques and a moment tensor inversion for the mainshock, and discuss the corresponding uncertainties, in an effort to provide further evidence that the planned Phase B of CRISP will be successful in drilling the seismogenic coupling zone

Surrogate-assisted network analysis of nonlinear time series

The performance of recurrence networks and symbolic networks to detect weak nonlinearities in time series is compared to the nonlinear prediction error. For the synthetic data of the Lorenz system, the network measures show a comparable performance. In the case of relatively short and noisy real-world data from active galactic nuclei, the nonlinear prediction error yields more robust results than the network measures. The tests are based on surrogate data sets. The correlations in the Fourier phases of data sets from some surrogate generating algorithms are also examined. The phase correlations are shown to have an impact on the performance of the tests for nonlinearity.Comment: 9 pages, 5 figures, Chaos (http://scitation.aip.org/content/aip/journal/chaos), corrected typo

Stellar Bar Evolution in Cuspy and Flat-Cored Triaxial CDM Halos

We analyze the evolution of stellar bars in galactic disks in mildly triaxial flat-core and cuspy CDM halos. We use tailored simulations of rigid and live halos which include the feedback from disk/bar onto the halo in order to test the work by El-Zant & Shlosman (2002). The latter used the Liapunov exponents to analyze the fate of bars in analytical asymmetric halos. We find: (1) The bar growth is similar in all rigid axisymmetric and triaxial halos. (2) Bars in live models vertically buckle and form a pseudobulge with a boxy/peanut shape. (3) In live axisymmetric halos, the bar strength varies little during the secular evolution. The bar pattern speed anticorrelates with the halo core size. The bar strength is larger for smaller disk-to-halo mass ratios within disk radii, the bar size correlates with the halo core sizes, and the bar pattern speeds -- with the halo central mass concentration. Bars embedded in live triaxial halos have a starkly different fate: they dissolve on ~1.5-5 Gyr due to the onset of chaos over continuous zones, leaving behind a weak oval distortion. The onset of chaos is related to the halo triaxiality, the fast rotating bar and the halo cuspiness. Before the bar dissolves, the region outside it develops strong spiral structures, especially in the live triaxial halos. (4) More angular momentum is absorbed by the triaxial halos as compared to the axisymmetric models and its exchange is mediated by resonances. (5) Cuspy halos are more susceptible than flat-core halos to having their prolateness washed out by the bar. We analyze these results in terms of the stability of trajectories and development of chaos. We set constraints on the triaxiality of DM halos by comparing our predictions to recent observations of bars out to z~1.Comment: 17 pages, 14 figures, Astrophysical Journal, in press, Vol. 637. Updated version (text, references

Critical entanglement of XXZ Heisenberg chains with defects

We study the entanglement properties of anisotropic open spin one-half Heisenberg chains with a modified central bond. The entanglement entropy between the two half-chains is calculated with the density-matrix renormalization method (DMRG).We find a logarithmic behaviour with an effective central charge c' varying with the length of the system. It flows to one in the ferromagnetic region and to zero in the antiferromagnetic region of the model. In the XX case it has a non-universal limit and we recover previous results.Comment: 8 pages, 15 figure