On the Estimation of Euler Equations in the Presence of a Potential Regime Shift

The concept of a peso problem is formalized in terms of a linear Euler equation and a nonlinear marginal model describing the dynamics of the exogenous driving process. It is shown that, using a threshold autoregressive model as a marginal model, it is possible to produce time-varying peso premia. A Monte Carlo method and a method based on the numerical solution of integral equations are considered as tools for computing conditional future expectations in the marginal model. A Monte Carlo study illustrates the poor performance of the generalized method of moment (GMM) estimator in small and even relatively large samples. The poor performance is particularly acute in the presence of a peso problem but is also serious in the simple linear case.peso problem; Euler equations; GMM; threshold autoregressive models

Perpendicular blade–vortex-interaction over an oscillating airfoil in light dynamic stall

An experimental and numerical study was performed to investigate the effects of perpendicular blade vortex interactions on the aerodynamic performance of an oscillating airfoil. The selected test cases studied the aerodynamic interaction of a stream-wise vortex impacting on a NACA 23012 airfoil oscillating in light dynamic stall regime, representing a typical condition of the retreating blade of a helicopter in forward flight. The analysis of particle image velocimetry surveys and time-accurate simulation results enabled to point out the different effects due to the blade pitching motion on the interacting flow field. Thus, numerical results enabled to achieve a detailed insight about the aerodynamic loads acting on the oscillating airfoil in the interacting cases. In particular, the comparison with the clean airfoil case shows that a severe loss of performance is produced by the interaction of the vortex during the airfoil downstroke motion, as the vortex impact triggers the local stall of the blade section

Improved Smoothing Algorithms for Lattice Gauge Theory

The relative smoothing rates of various gauge field smoothing algorithms are investigated on ${\cal O}(a^2)$-improved \suthree Yang--Mills gauge field configurations. In particular, an ${\cal O}(a^2)$-improved version of APE smearing is motivated by considerations of smeared link projection and cooling. The extent to which the established benefits of improved cooling carry over to improved smearing is critically examined. We consider representative gauge field configurations generated with an ${\cal O}(a^2)$-improved gauge field action on \1 lattices at $\beta=4.38$ and \2 lattices at $\beta=5.00$ having lattice spacings of 0.165(2) fm and 0.077(1) fm respectively. While the merits of improved algorithms are clearly displayed for the coarse lattice spacing, the fine lattice results put the various algorithms on a more equal footing and allow a quantitative calibration of the smoothing rates for the various algorithms. We find the relative rate of variation in the action may be succinctly described in terms of simple calibration formulae which accurately describe the relative smoothness of the gauge field configurations at a microscopic level

Light-Quark FLIC Fermion Simulations of the 1−+1^{-+} Exotic Meson

We investigate the mass of the $1^{-+}$ exotic meson, created with hybrid interpolating fields. Access to light quark masses approaching 25 MeV is facilitated by the use of the Fat-Link Irrelevant Clover (FLIC) fermion action, and large ($20^3 \times 40$) lattices. Our results indicate that the $1^{-+}$ exotic exhibits significant curvature close to the chiral limit, and yield a $1^{-+}$ mass in agreement with the $\pi_1 (1600)$ candidate and exclusive of the $\pi_1 (1400)$.Comment: 6 pages, 1 table, 2 figures, talk given at Lattice '05. Removed unccessary figure

The electric dipole moment of the nucleon from simulations at imaginary vacuum angle theta

We compute the electric dipole moment of proton and neutron from lattice QCD simulations with N_f=2 flavors of dynamical quarks at imaginary vacuum angle theta. The calculation proceeds via the CP odd form factor F_3. A novel feature of our calculation is that we use partially twisted boundary conditions to extract F_3 at zero momentum transfer. As a byproduct, we test the QCD vacuum at nonvanishing theta.Comment: 22 pages, 10 figure