Variable X-ray Absorption in the Seyfert 2 Galaxy Mrk 348

We present RXTE monitoring observations of the Seyfert 2 galaxy Mrk 348 spanning a 6 month period. The time-averaged spectrum in the 3-20 keV band shows many features characteristic of a Compton-thin Seyfert 2 galaxy, namely a hard underlying power-law continuum (photon index = 1.8) with heavy soft X-ray absorption (N_h ~ 10^23 cm^-2) plus measureable iron line emission (equivalent width ~ 100 eV) and, at high energy, evidence for a reflection component (R < 1). During the first half of the monitoring period the X-ray continuum flux from Mrk 348 remained relatively steady. However this was followed by a significant brightening of the source (by roughly a factor of 4) with the fastest change corresponding to a doubling of its X-ray flux on a timescale of about 20 days. The flux increase was accompanied by a marked softening of X-ray spectrum most likely attributable to a factor 3 decline in the intrinsic line-of-sight column density. In contrast the iron line and the reflection components showed no evidence of variability. These observations suggest a scenario in which the central X-ray source is surrounded by a patchy distribution of absorbing material located within about a light-week of the nucleus of Mrk 348. The random movement of individual clouds within the absorbing screen, across our line of sight, produces substantial temporal variations in the measured column density on timescales of weeks to months and gives rise to the observed X-ray spectral variability. However, as viewed from the nucleus the global coverage and typical thickness of the cloud layer remains relatively constant.Comment: 19 pages, 3 figures Accepted for publication in the Astrophysical Journa

Reversal of fortune: Macroeconomic policy, International Finance, and Banking in Japan

This essay provides an introduction and overview for a symposium on macroeconomic policy, international finance and banking in Japan. The symposium consists of thirteen papers. Nine of the papers including most of those on macroeconomic policy and international finance appear in this issue. The remaining papers including one on macroeconomic relations within the Asia-Pacific region and three on Japan's banking system will appear in a special section of the next issue of this journal.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/47955/1/10368_2005_Article_42.pd

Divergent mathematical treatments in utility theory

In this paper I study how divergent mathematical treatments affect mathematical modelling, with a special focus on utility theory. In particular I examine recent work on the ranking of information states and the discounting of future utilities, in order to show how, by replacing the standard analytical treatment of the models involved with one based on the framework of Nonstandard Analysis, diametrically opposite results are obtained. In both cases, the choice between the standard and nonstandard treatment amounts to a selection of set-theoretical parameters that cannot be made on purely empirical grounds. The analysis of this phenomenon gives rise to a simple logical account of the relativity of impossibility theorems in economic theory, which concludes the paper

Anatomy of a Dansgaard-Oeschger warming transition: High-resolution analysis of the North Greenland Ice Core Project ice core

Large and abrupt temperature oscillations during the last glacial period, known as Dansgaard‐Oeschger (DO) events, are clearly observed in the Greenland ice core record. Here we present a new high‐resolution chemical (2 mm) and stable isotope (20 mm) record from the North Greenland Ice Core Project (NGRIP) ice core at the onset of one of the most prominent DO events of the last glacial, DO‐8, observed ∼38,000 years ago. The unique, subannual‐resolution NGRIP record provides a true sequence of change during a DO warming with detailed annual layer counting of very high depth resolution geochemical measurements used to determine the exact duration of the transition. The continental ions, indicative of long‐range atmospheric loading and dustiness from East Asia, are the first to change, followed by the snow accumulation, the moisture source conditions, and finally the atmospheric temperature in Greenland. The sequence of events shows that atmospheric and oceanic source and circulation changes preceded the DO warming by several years

Telecommunication wavelength GaAsBi light emitting diodes

GaAsBi light emitting diodes containing ∼6% Bi are grown on GaAs substrates. Good room-temperature electroluminescence spectra are obtained at current densities as low as 8 Acm − 2. Measurements of the integrated emitted luminescence suggest that there is a continuum of localised Bi states extending up to 75 meV into the bandgap, which is in good agreement with previous photoluminescence studies. X-ray diffraction analysis shows that strain relaxation has probably occurred in the thicker samples grown in this study

Business constraints and growth potential of micro and small manufacturing enterprises in Uganda

Ugandan micro and small enterprises (MSEs) still perform poorly. Studies associating poor performance of manufacturers with lack of finance and low investment ignore micro enterprises. Those focusing on MSEs are either exploratory in nature or employ a descriptive analysis, which cannot show the extent to which business constraints explain the performance of MSEs. Thus, this paper tries to examine the extent to which the growth of MSEs is associated with business constraints while controlling for owners’ attributes and firms’ characteristics. The results reveal that MSEs’ growth potential is negatively associated with limited access to productive resources (finance and business development services), high taxes and lack of market access