13,160 research outputs found

    Credit availability in the crisis: which role for the European Investment Bank Group?

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    In this paper we consider a moral hazard problem between a creditworthy firm which needs funding and a bank. We first study under which conditions the firm does not obtain the loan. We then determine whether and how the intervention of an external financial institution can facilitate the access to credit. In particular, we focus on the European Investment Bank Group (EIBG), which provides (i) specific credit lines to help banks that finance small and medium-sized enterprises (SMEs)and (ii) guarantees for portfolios of SMEs'loans. We show that only during crises the EIBG intervention allows to totally overcome the credit crunch.

    VLA Polarimetry of Two Extended Radio Galaxies

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    Multi-wavelength VLA observations of two extended radio galaxies, 0235-197 and 1203+043 are presented. There is some evidence from earlier studies that these two sources exhibit low frequency (<1 GHz) variability. This work shows that both sources have linear polarizations, if any, below the detection limits at 320 MHz, so we cannot explain the variability as being due to instrumental polarization effects as has been suggested for 3C159. Refractive scintillation may be the cause of the variability in 0235-197. This would require the existence of a bright, compact component in one of the hot spots seen in these observations. This is not implausible but the resolution of this observational program is insufficent to address that question. The radio source 1203+043 lacks any bright compact component thereby ruling out a refractive scintillation mechanism for its variability. Consequently, it is possible that claims of variability in this source are spurious. However, the 320 MHz VLA observations show that 1203+043 has an `X'-shaped radio structure. This is a rare morphology for the brightness distribution of a radio galaxy; the implications of this are examined.Comment: 8 pages, plain tex, accepted by Astronomy and Astrophysics, Supplement Serie

    Geo-neutrinos

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    We review a new interdisciplinary field between Geology and Physics: the study of the Earth's geo-neutrino flux. We describe competing models for the composition of the Earth, present geological insights into the make up of the continental and oceanic crust, those parts of the Earth that concentrate Th and U, the heat producing elements, and provide details of the regional settings in the continents and oceans where operating and planned detectors are sited. Details are presented for the only two operating detectors that are capable of measuring the Earth's geo-neutrinos flux: Borexino and KamLAND; results achieved to date are presented, along with their impacts on geophysical and geochemical models of the Earth. Finally, future planned experiments are highlighted

    Two-sided radio emission in ON231 (W Comae)

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    Recent radio images of the BL Lac object ON231 (W Com, 1219+285) show remarkable new features in the source structure compared to those previously published. The images were obtained from observations made with the European VLBI Network plus MERLIN at 1.6 GHz and 5 GHz after the exceptional optical outburst occurred in Spring 1998. The up-to-date B band historic light curve of ON231 is also presented together with the R band luminosity evolution in the period 1994--1999. We identify the source core in the radio images with the brightest component having the flattest spectrum. A consequence of this assumption is the existence of a two--sided emission in ON231 not detected in previous VLBI images. A further new feature is a large bend in the jet at about 10 mas from the core. The emission extends for about 20 mas after the bend, which might be due to strong interaction with the environment surrounding the nucleus. We suggest some possible interpretations to relate the changes in the source structure with the optical and radio flux density variation in the frame of the unification model.Comment: 8 pages, 8 figure

    Reactor Antineutrinos Signal all over the world

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    We present an updated estimate of reactor antineutrino signal all over the world, with particular attention to the sites proposed for existing and future geo-neutrino experiment. In our calculation we take into account the most updated data on Thermal Power for each nuclear plant, on reactor antineutrino spectra and on three neutrino oscillation mechanism.Comment: 4 pages including 1 figur

    Mantle geoneutrinos in KamLAND and Borexino

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    The KamLAND and Borexino experiments have observed, each at ~4 sigma level, signals of electron antineutrinos produced in the decay chains of thorium and uranium in the Earth's crust and mantle (Th and U geoneutrinos). Various pieces of geochemical and geophysical information allow an estimation of the crustal geoneutrino flux components with relatively small uncertainties. The mantle component may then be inferred by subtracting the estimated crustal flux from the measured total flux. To this purpose, we analyze in detail the experimental Th and U geoneutrino event rates in KamLAND and Borexino, including neutrino oscillation effects. We estimate the crustal flux at the two detector sites, using state-of-the-art information about the Th and U distribution on global and local scales. We find that crust-subtracted signals show hints of a residual mantle component, emerging at ~2.4 sigma level by combining the KamLAND and Borexino data. The inferred mantle flux slightly favors scenarios with relatively high Th and U abundances, within +-1 sigma uncertainties comparable to the spread of predictions from recent mantle models.Comment: Slight changes and improvements in the text & figures. Results unchanged. To appear in Phys. Rev.
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