9,323 research outputs found
The default premium and corporate bond experience
A study that represents the first effort to tie together the differential returns required by holders of low-rated coporate bonds and the actual default experiences of these issues.Debt ; Corporate bonds
A Renormalization group approach for highly anisotropic 2D Fermion systems: application to coupled Hubbard chains
I apply a two-step density-matrix renormalization group method to the
anisotropic two-dimensional Hubbard model. As a prelude to this study, I
compare the numerical results to the exact one for the tight-binding model. I
find a ground-state energy which agrees with the exact value up to four digits
for systems as large as . I then apply the method to the
interacting case. I find that for strong Hubbard interaction, the ground-state
is dominated by magnetic correlations.
These correlations are robust even in the presence of strong frustration.
Interchain pair tunneling is negligible in the singlet and triplet channels and
it is not enhanced by frustration. For weak Hubbard couplings, interchain
non-local singlet pair tunneling is enhanced and magnetic correlations are
strongly reduced. This suggests a possible superconductive ground state.Comment: 8 pages, 11 figures, expanded version of cond-mat/060856
Traction force microscopy on soft elastic substrates: a guide to recent computational advances
The measurement of cellular traction forces on soft elastic substrates has
become a standard tool for many labs working on mechanobiology. Here we review
the basic principles and different variants of this approach. In general, the
extraction of the substrate displacement field from image data and the
reconstruction procedure for the forces are closely linked to each other and
limited by the presence of experimental noise. We discuss different strategies
to reconstruct cellular forces as they follow from the foundations of
elasticity theory, including two- versus three-dimensional, inverse versus
direct and linear versus non-linear approaches. We also discuss how biophysical
models can improve force reconstruction and comment on practical issues like
substrate preparation, image processing and the availability of software for
traction force microscopy.Comment: Revtex, 29 pages, 3 PDF figures, 2 tables. BBA - Molecular Cell
Research, online since 27 May 2015, special issue on mechanobiolog
Disinflation, equity valuation, and investor rationality
An examination of the relationship between inflation and equity prices, concluding that equity prices respond rationally to such factors as real interest rates and risk.Corporations - Finance ; Inflation (Finance) ; Stocks
PRICE ENHANCEMENT, RETURNS VARIABILITY, AND SUPPLY RESPONSE IN THE U.S. DAIRY SECTOR
Dairy producers operating in the U.S. have been protected against market price variability by the federal price support program for over 35 years. During the late 1970s tax outlays to operate this program grew at a rapid rate. While many authors have addressed the economic implications of the existing dairy price support program, few have explicitly considered the relationship between risk aversion, capital investment, milk production, and support price policy in this process. This paper considers the role of uncertainty and risk-averse behavior and suggests that these elements are crucial to an economic analysis of the current program and future dairy policy issues.Livestock Production/Industries,
PRICE SUPPORTS, RISK AVERSION AND U.S. DAIRY POLICY: AN ALTERNATIVE PERSPECTIVE OF THE LONG-TERM IMPACTS
Agricultural and Food Policy,
Influence of carrier lifetime on quantum criticality and superconducting Tc of (TMTSF)_2ClO_4
This work presents and analyzes electrical resistivity data on the organic
superconductor (TMTSF)ClO and their anion substituted alloys
(TMTSF)(ClO)(ReO) along the least conducting
axis. Nonmagnetic disorder introduced by finite size domains of anion ordering
on non Fermi liquid character of resistivity is investigated near the
conditions of quantum criticality. The evolution of the -linear resistivity
term with anion disorder shows a limited decrease in contrast with the complete
suppression of the critical temperature as expected for unconventional
superconductivity beyond a threshold value of . The resulting breakdown of
scaling between both quantities is compared to the theoretical predictions of a
linearized Boltzmann equation combined to the scaling theory of umklapp
scattering in the presence of disorder induced pair-breaking for the carriers.Comment: 13 pages, 8 figure
Properties of unique hard X-ray dips observed from GRS 1915+105 and IGR J17091-3624 and their implications
We report a comprehensive study on spectral and timing properties of hard
X-ray dips uniquely observed in some so-called variability classes of the
micro-quasars GRS 1915+105 and IGR J17091-3624. These dips are characterized by
a sudden decline in the 2.0-60.0 keV X-ray intensity by a factor of 4-12
simultaneous with the increase in hardness ratio by a factor of 2-4. Using 31
observations of GRS 1915+105 with RXTE/PCA, we show that different behavior are
observed in different types of variability classes, and we find that a
dichotomy is observed between classes with abrupt transitions vs those with
smoother evolution. For example, both energy-lag spectra and frequency-lag
spectra of hard X-ray dips in classes with abrupt transitions and shorter dip
intervals show hard-lag (hard photons lag soft photons), while both lag spectra
during hard dips in classes with smoother evolution and longer dip intervals
show soft-lag. Both lag time-scales are of the order of 100-600 msec. We also
show that timing and spectral properties of hard X-ray dips observed in light
curves of IGR J17091-3624 during its 2011 outburst are consistent with the
properties of the abrupt transitions in GRS 1915+105 rather than smooth
evolution. A global correlation between the X-ray intensity cycle time and hard
dip time is observed for both abrupt and smooth transition which may be due to
two distinct physical processes whose time-scales are eventually correlated. We
discuss implications of our results in the light of some generic models.Comment: 17 pages, 5 figures, accepted for publication in the Astrophysical
Journa
Compatriot and foreigner : a study of impression formation in three countries
Caption title"February 5, 1957."At head of title: Communications Program. Experimental Section"350"--handwritten on coverIncludes bibliographical references (leaf 21
- …