Investment during the Korean Financial Crisis: A Structural Econometric Analysis

This paper uses firm-level panel data to analyze the role of financial factors in determining investment outcomes during the Korean financial crisis. Our identification strategy exploits the presence of foreign-denominated debt to measure shocks to the financial position of firms following the devaluation that occurred during the crisis period. Structural parameter estimates imply that financial factors may account for 50% to 80% of the overall drop in investment observed during this episode. Our estimates also imply that foreign-denominated debt had relatively little effect on aggregate investment spending. Counterfactual experiments suggest sizeable contractions in investment through this mechanism for economies that are more heavily dependent on foreign-denominated debt however.

Signatures of the Pair-Coherent State

We explore in detail the possibility of generating a pair-coherent state in the non-degenerate parametric oscillator when decoherence is included. Such states are predicted in the transient regime in parametric oscillation where the pump mode is adiabatically eliminated. Two specific signatures are examined to indicate whether the state of interest has been generated, the Schrodinger cat state - like signatures, and the fidelity. Solutions in a transient regime reveal interference fringes which are indicative of the formation of a Schrodinger cat state. The fidelity indicates the purity of our prepared state compared to the ideal pair-coherent state.Comment: Figures hacked down to size for serve

Generating optical nonlinearity using trapped atoms

We describe a scheme for producing an optical nonlinearity using an interaction with one or more ancilla two-level atomic systems. The nonlinearity, which can be implemented using high efficiency fluorescence shelving measurements, together with general linear transformations is sufficient for simulating arbitrary Hamiltonian evolution on a Fock state qudit. We give two examples of the application of this nonlinearity, one for the creation of nonlinear phase shifts on optical fields as required in single photon quantum computation schemes, and the other for the preparation of optical Schrodinger cat states.Comment: Substantially extended from quant-ph/020815

Tallahassee. Letter from Albert W. Gilchrist, State of Florida, Executive Chamber

I have had prepared some little pins, on which is a representation of the Great Seal of the State. I am taking the liberty of sending one of them to the wife of each one of the former Governors of the State. I hope that you will like the little pin. Note: Pin not included with this letter, 1909-04-0

Momentum distribution, vibrational dynamics and the potential of mean force in ice

By analyzing the momentum distribution obtained from path integral and phonon calculations we find that the protons in hexagonal ice experience an anisotropic quasi-harmonic effective potential with three distinct principal frequencies that reflect molecular orientation. Due to the importance of anisotropy, anharmonic features of the environment cannot be extracted from existing experimental distributions that involve the spherical average. The full directional distribution is required, and we give a theoretical prediction for this quantity that could be verified in future experiments. Within the quasi-harmonic context, anharmonicity in the ground state dynamics of the proton is substantial and has quantal origin, a finding that impacts the interpretation of several spectroscopies

Quantum computation with optical coherent states

We show that quantum computation circuits using coherent states as the logical qubits can be constructed from simple linear networks, conditional photon measurements and "small" coherent superposition resource states

An analytical approach to solution of two- point boundary condition problems in optimal guidance Summary report, May 1965 - Apr. 1966

Analytical approaches to path-adaptive guidance functions, circular orbit trajectories, and use of Fortran-compiled program

FALL AND INJURY INCIDENCE RATES OF JOCKEYS WHILE RACING IN FRANCE, GREAT BRITAIN AND IRELAND

The objective of this study is to provide quantitative details of the frequency and severity of injuries, especially head injuries, sustained by jockeys while racing. There is a lack of worldwide equestrian injury data and a lack of uniformity in the data that is available