Improving U.S. Housing Finance Through Reform of Fannie Mae and Freddie Mac: Assessing the Options

Presents criteria for evaluating proposals for reforming the two government-sponsored enterprises. Outlines the key arguments for their structural strengths and weaknesses, a framework and goals for reform, and features of specific proposals to date

Thermal energy storage material thermophysical property measurement and heat transfer impact

The thermophysical properties of salts having potential for thermal energy storage to provide peaking energy in conventional electric utility power plants were investigated. The power plants studied were the pressurized water reactor, boiling water reactor, supercritical steam reactor, and high temperature gas reactor. The salts considered were LiNO3, 63LiOH/37 LiCl eutectic, LiOH, and Na2B4O7. The thermal conductivity, specific heat (including latent heat of fusion), and density of each salt were measured for a temperature range of at least + or - 100 K of the measured melting point. Measurements were made with both reagent and commercial grades of each salt

Exploring a string-like landscape

We explore inflationary trajectories within randomly-generated two-dimensional potentials, considered as a toy model of the string landscape. Both the background and perturbation equations are solved numerically, the latter using the two-field formalism of Peterson and Tegmark which fully incorporates the effect of isocurvature perturbations. Sufficient inflation is a rare event, occurring for only roughly one in $10^5$ potentials. For models generating sufficient inflation, we find that the majority of runs satisfy current constraints from WMAP. The scalar spectral index is less than 1 in all runs. The tensor-to-scalar ratio is below the current limit, while typically large enough to be detected by next-generation CMB experiments and perhaps also by Planck. In many cases the inflationary consistency equation is broken by the effect of isocurvature modes.Comment: 24 pages with 8 figures incorporated, matches version accepted by JCA

Structures in the Gauge/Gravity Duality Cascade

We study corrections to the anomalous mass dimension and their effects in the Seiberg duality cascade in the Klebanov-Strassler throat, where $\mathcal{N}=1$ supersymmetric $SU(N+M)\times SU(N)$ gauge theory with bifundamental chiral superfields and a quartic tree level superpotential in four dimensions is dual to type IIB string theory on $AdS_5 \times T^{1,1}$ background. Analyzing the renormalization group flow of the couplings on the gauge theory side, we propose specific corrections to the anomalous mass dimension. Applying gauge/gravity duality, we then show that the corrections reveal structures on the supergravity side with steps appearing in the running of the fluxes and the metric. The "charges" at the steps provide a gravitational source for Seiberg duality transformations. The finiteness of these corrections suggests that the theory flows to a baryonic branch rather than to a confining branch. The cosmological implication of the duality cascade and the gauge/gravity duality on the brane inflationary scenario and the cosmic microwave background radiation is pointed out.Comment: v3: 40 pages, minor changes and typos fixe

Microlensing by Cosmic Strings

We consider the signature and detectability of gravitational microlensing of distant quasars by cosmic strings. Because of the simple image configuration such events will have a characteristic light curve, in which a source would appear to brighten by exactly a factor of two, before reverting to its original apparent brightness. We calculate the optical depth and event rate, and conclude that current predictions and limits on the total length of strings on the sky imply optical depths of \la 10^{-8} and event rates of fewer than one event per $10^9$ sources per year. Disregarding those predictions but replacing them with limits on the density of cosmic strings from the CMB fluctuation spectrum, leaves only a small region of parameter space (in which the sky contains about $3\times10^5$ strings with deficit angle of order 0.3 milli-arcseconds) for which a microlensing survey of exposure $10^7$ source-years, spanning a 20--40-year period, might reveal the presence of cosmic strings.Comment: 4 pages, accepted for publication in MNRA

Brane Inflation and the Overshoot Problem

We investigate recent claims that brane inflation solves the overshoot problem through a combination of microphysical restrictions on the phase space of initial conditions and the existence of the Dirac-Born-Infeld (DBI) attractor in regimes where the slow-roll attractor does not apply. Carrying out a comprehensive analysis of the parameter space allowed by the latest advances in brane inflation model-building, we find that these restrictions are insufficient to solve the overshoot problem. The vast majority of the phase space of initial conditions is still dominated by overshoot trajectories. We present an analytic proof that the brane-inflationary attractor must be close to the slow-roll limit, and update the predictions for observables such as non-Gaussianity, cosmic string tension and tensor modes.Comment: 14 pages, 3 figures, matches version published in PRD. Minor clarifications, references adde

A Brachistochrone Approach to Reconstruct the Inflaton Potential

We propose a new way to implement an inflationary prior to a cosmological dataset that incorporates the inflationary observables at arbitrary order. This approach employs an exponential form for the Hubble parameter $H(\phi)$ without taking the slow-roll approximation. At lowest non-trivial order, this $H(\phi)$ has the unique property that it is the solution to the brachistochrone problem for inflation.Comment: 13 pages, 2 figures, version matches published versio

Cosmological Landscape From Nothing: Some Like It Hot

We suggest a novel picture of the quantum Universe -- its creation is described by the {\em density matrix} defined by the Euclidean path integral. This yields an ensemble of universes -- a cosmological landscape -- in a mixed state which is shown to be dynamically more preferable than the pure quantum state of the Hartle-Hawking type. The latter is dynamically suppressed by the infinitely large positive action of its instanton, generated by the conformal anomaly of quantum fields within the cosmological bootstrap (the self-consistent back reaction of hot matter). This bootstrap suggests a solution to the problem of boundedness of the on-shell cosmological action and eliminates the infrared catastrophe of small cosmological constant in Euclidean quantum gravity. The cosmological landscape turns out to be limited to a bounded range of the cosmological constant $\Lambda_{\rm min}\leq \Lambda \leq \Lambda_{\rm max}$. The domain $\Lambda<\Lambda_{\rm min}$ is ruled out by the back reaction effect which we analyze by solving effective Euclidean equations of motion. The upper cutoff is enforced by the quantum effects of vacuum energy and the conformal anomaly mediated by a special ghost-avoidance renormalization of the effective action. They establish a new quantum scale $\Lambda_{\rm max}$ which is determined by the coefficient of the topological Gauss-Bonnet term in the conformal anomaly. This scale is realized as the upper bound -- the limiting point of an infinite sequence of garland-type instantons which constitute the full cosmological landscape. The dependence of the cosmological constant range on particle phenomenology suggests a possible dynamical selection mechanism for the landscape of string vacua.Comment: Final version, to appear in JCA