Evaluation of Default Risk for The Brazilian Banking Sector

This paper employs new methods to measure and monitor risk in the Brazilian banking sector. We prove that the option-based risk measure is negatively sensitive to interest rates. As this is an important issue for emerging market economies, the risk measures are built as deviations from mean. Additionally, the option-based indicator is compared with market-based financial fragility indicators. Results show that these indicators are useful for risk managers and regulators, especially during crisis. Furthermore, option-based methods are preferable to classify banks in periods of high distress, such as the banking crises that occurred in the early nineties in Brazil.

New effective nuclear forces with a finite-range three-body term and their application to AMD+GCM calculations

We propose new effective inter-nucleon forces with a finite-range three-body operator. The proposed forces are suitable for describing the nuclear structure properties over a wide mass number region, including the saturation point of nuclear matter. The forces are applied to microscopic calculations of $Z=N$ ($A\le 40$) nuclei and O isotopes with a method of antisymmetrized molecular dynamics. We present the characteristics of the forces and discuss the importance of the finite-range three-body term.Comment: 15 pages, 11 figures, submitted to Phys.Rev.

Interaction and Localization of One-electron Orbitals in an Organic Molecule: Fictitious Parameter Analysis for Multi-physics Simulations

We present a new methodology to analyze complicated multi-physics simulations by introducing a fictitious parameter. Using the method, we study quantum mechanical aspects of an organic molecule in water. The simulation is variationally constructed from the ab initio molecular orbital method and the classical statistical mechanics with the fictitious parameter representing the coupling strength between solute and solvent. We obtain a number of one-electron orbital energies of the solute molecule derived from the Hartree-Fock approximation, and eigenvalue-statistical analysis developed in the study of nonintegrable systems is applied to them. Based on the results, we analyze localization properties of the electronic wavefunctions under the influence of the solvent.Comment: 4 pages, 5 figures, the revised version will appear in J. Phys. Soc. Jpn. Vol.76 (No.1

Radiative impact of mixing state of black carbon aerosol in Asian outflow

The radiative impact of the mixing state of black carbon (BC) aerosol is investigated in Asian outflow. The mixing state and size distribution of BC aerosol were measured with a ground-based single-particle soot photometer at a remote island (Fukue) in Japan in spring 2007. The mass concentration of BC in Asian continental air masses reached 0.5 μg m-3, with a mass median diameter of 200-220 nm. The median value of the shell/core diameter ratio increased to ∼1.6 in Asian continental and maritime air masses with a core diameter of 200 mn, while in free tropospheric and Japanese air masses it was 1.3-1.4. On the basis of theoretical calculations using the size distribution and mixing state of BC aerosol, scattering and absorption properties of PM1 aerosols were calculated under both dry and ambient conditions, considering the hygroscopic growth of aerosols. It was estimated that internal mixing enhanced the BC absorption by a factor of 1.5-1.6 compared to external mixing. The calculated absorption coefficient was 2-3 times higher in Asian continental air masses than in clean air. Coatings reduced the single-scattering albedo (SSA) of PM1 aerosol by 0.01 -0.02, which indicates the importance of the mixing state of BC aerosol in evaluating its radiative influence. The SSA was sensitive to changes in air mass type, with a value of ∼0.98 in Asian continental air masses and ∼0.95 in Japanese and free tropospheric air masses under ambient conditions. Copyright 2008 by the American Geophysical Union

Structure of Excited States of 10Be studied with Antisymmetrized Molecular Dynamics

We study structure of excited states of 10Be with the method of variation after spin parity projection in the framework of antisymmetrized molecular dynamics. Present calculations describe many excited states and reproduce the experimental data of E2 and E1 transitions and the new data of the $\beta$ transition strength successfully. We make systematic discussions on the molecule-like structures of light unstable nuclei and the important role of the valence neutrons based on the results obtained with the framework which is free from such model assumptions as the existence of inert cores and clusters.Comment: 15 pages, RevTex, seven postscript figures (using epsf.sty

Longitudinal magnetic excitation in KCuCl3 studied by Raman scattering under hydrostatic pressures

We measure Raman scattering in an interacting spin-dimer system KCuCl3 under hydrostatic pressures up to 5 GPa mediated by He gas. In the pressure-induced quantum phase, we observe a one-magnon Raman peak, which originates from the longitudinal magnetic excitationand is observable through the second-order exchange interaction Raman process. We report the pressure dependence of the frequency, halfwidth and Raman intensity of this mode.Comment: 4 pages, 3 figures, inpress in JPCS as a proceeding of LT2