Forecasting Food Price Inflation in Developing Countries with Inflation Targeting Regimes: the Colombian Case

Many developing countries are adopting inflation targeting regimes to guide monetary policy decisions. In such countries the share of food in the consumption basket is high and policy makers often employ total inflation (as opposed to core inflation) to set inflationary targets. Therefore, central banks need to develop reliable models to forecast food inflation. Our literature review suggests that little has been done in the construction of models to forecast short-run food inflation in developing countries. We develop a model to improve short-run food inflation forecasts in Colombia. The model disaggregates food items according to economic theory and employs Flexible Least Squares given the presence of structural changes in the inflation series. We compare the performance of this new model to current models employed by the central bank. Next, we apply econometric methods to combine forecasts from alternative models and test whether such combination outperforms individual models. Our results indicate that forecasts can be improved by classifying food basket items according to unprocessed, processed and food away from home and by employing forecast combination techniques.Food Inflation, Time Series,

Brans-Dicke wormholes in nonvacuum spacetime

Analytical wormhole solutions in Brans-Dicke theory in the presence of matter are presented. It is shown that the wormhole throat must not be necessarily threaded with exotic matter.Comment: Minor corrections, to be published in Phys. Rev.

Radiation from a uniformly accelerated charge in the outskirts of a wormhole throat

Using traversable wormholes as theoretical background, we revisit a deep question of general relativity: Does a uniformly accelerated charged particle radiate? We particularize to the recently proposed gravitational \v{C}erenkov radiation, that happens when the spatial part of the Ricci tensor is negative. If $^{^{(3+1)}}R^i_{\phantom{i}i}< 0$, the matter threading the gravitational field violates the weak energy condition. In this case, the effective refractive index for light is bigger than 1, i.e. particles propagates, in that medium, faster than photons. This leads to a violation of the equivalence principle.Comment: 6 pages revtex, 1 eps figure. To be published in Modern Physics Letters

Hierarchy of Floquet gaps and edge states for driven honeycomb lattices

Electromagnetic driving in a honeycomb lattice can induce gaps and topological edge states with a structure of increasing complexity as the frequency of the driving lowers. While the high frequency case is the most simple to analyze we focus on the multiple photon processes allowed in the low frequency regime to unveil the hierarchy of Floquet edge-states. In the case of low intensities an analytical approach allows us to derive effective Hamiltonians and address the topological character of each gap in a constructive manner. At high intensities we obtain the net number of edge states, given by the winding number, with a numerical calculation of the Chern numbers of each Floquet band. Using these methods, we find a hierarchy that resembles that of a Russian nesting doll. This hierarchy classifies the gaps and the associated edge states in different orders according to the electron-photon coupling strength. For large driving intensities, we rely on the numerical calculation of the winding number, illustrated in a map of topological phase transitions. The hierarchy unveiled with the low energy effective Hamiltonians, alongside with the map of topological phase transitions discloses the complexity of the Floquet band structure in the low frequency regime. The proposed method for obtaining the effective Hamiltonian can be easily adapted to other Dirac Hamiltonians of two dimensional materials and even the surface of a 3D topological insulator.Comment: Phys. Rev. A 91, 04362

Inelastic Quantum Transport and Peierls-like Mechanism in Carbon Nanotubes

We report on a theoretical study of inelastic quantum transport in $(3m,0)$ carbon nanotubes. By using a many-body description of the electron-phonon interaction in Fock space, a novel mechanism involving optical phonon emission (absorption) is shown to induce an unprecedented energy gap opening at half the phonon energy, $\hbar\omega_{0}/2$, above (below) the charge neutrality point. This mechanism, which is prevented by Pauli blocking at low bias voltages, is activated at bias voltages in the order of $\hbar\omega_{0}$.Comment: 4 pages, 4 figure