Ab initio study of the double row model of the Si(553)-Au reconstruction

Using x-ray diffraction Ghose et al. [Surf. Sci. {\bf 581} (2005) 199] have recently produced a structural model for the quantum-wire surface Si(553)-Au. This model presents two parallel gold wires located at the step edge. Thus, the structure and the gold coverage are quite different from previous proposals. We present here an ab initio study using density functional theory of the stability, electronic band structure and scanning tunneling microscopy images of this model.Comment: Submitted to Surface Science on December 200

Van der Waals contribution to the inelastic atom-surface scattering

A calculation of the inelastic scattering rate of Xe atoms on Cu(111) is presented. We focus in the regimes of low and intermediate velocities, where the energy loss is mainly associated to the excitation electron-hole pairs in the substrate. We consider trajectories parallel to the surface and restrict ourselves to the Van der Waals contribution. The decay rate is calculated within a self-energy formulation. The effect of the response function of the substrate is studied by comparing the results obtained with two different approaches: the Specular Reflection Model and the Random Phase Approximation. In the latter, the surface is described by a finite slab and the wave functions are obtained from a one-dimensional model potential that describes the main features of the surface electronic structure while correctly retains the image-like asymptotic behaviour. We have also studied the influence of the surface state on the calculation, finding that it represents around 50% of the total probability of electron-hole pairs excitation.Comment: 7 pages, 4 figure

Audit market concentration and related regulatory measures

Audit markets are highly concentrated and such a situation might have negative consequences on competition, and thus, on price setting, on audit quality and on the functioning of markets. The European regulator recognized some causes for audit market concentration, identified a systemic risk and suggested joint audits and a mandatory rotation of audit firms to reduce concentration. Prominent concentration measures are concentration ratios, the Lorenz curve, the Gini-coefficient and the Herfindahl-Hirschman-Index. An empirical study on the concentration of German Prime Standard market for the period 2010 – 2013 revealed a high concentration which is quite stable over time and a narrow oligopoly with duopolistic tendencies. Nevertheless, competition could still work, e.g. due to the threat of market entrants. Moreover, given the fact that Big4 audit firms provide a higher audit quality, concentration may have positive effects. The mandatory audit firm rotation has a positive effect on auditor independence and a negative effect on auditor competence. This explains why related research output is inconclusive, i.e. the total effect on audit quality remains unclear. Moreover, a positive impact on competition is not ensured. Archival studies reveal that joint audits do not improve audit quality but increase audit costs. On the other hand, joint audits potentially reduce concentration. A combination between audit firm rotation and joint audits might be an optimal solution.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

Cost-Based Models of Economic Growth

In this paper we highlight the importance of the operational costs in explaining economic growth and analyze how the industrial structure affects the growth rate of the economy. If there is monopolistic competition only in an intermediate goods sector, then production growth coincides with consumption growth. Moreover, the pattern of growth depends on the particular form of the operational cost. If the monopolistically competitive sector is the final goods sector, then per capita production is constant but per capita effective consumption or welfare grows. Finally, we modify again the industrial structure of the economy and show an economy with two different growth speeds, one for production and another for effective consumption. Thus, both the operational cost and the particular structure of the sector that produces the final goods determines ultimately the pattern of growth.operational cost, growth, monopolistic competition

The Unemployment Benefit System: a Redistributive or an Insurance Institution?

In this paper we analyze how the composition of labor taxation affects unemployment in a unionized economy with capital accumulation and an unemployment benefit system. We show that if the unemployment benefit system is gross Bismarckian then the unemployment rate is reduced if wage taxes are decreased (and thus payroll taxes are increased). However, if the unemployment benefit system is net Bismarckian then the unemployment rate does not depend on how the system is financed. Besides, in a Beveridgean system the labor tax composition does not affect the unemployment rate if and only if the unemployed do not pay taxes and the employed pay a constant marginal tax rate. We also analyze when an unemployment benefit budget-balanced rule makes the economy to have a hysteresis process.wage tax, unemployment benefit system, payroll tax

Union Power, Minimum Wage Legislation, Endogenous Labor Supplies and Production

The objective of this work is to study the impact of the unions bargaining power on production and wages. We present a model where a competitive final good is produced through two substitutable intermediate goods, one produced by unskilled labor and the other by skilled labor. Potential workers decide at their cost to become skilled or unskilled and, thus, labor supplies are determined endogenously. We find that the reallocation of the labor supplies due to changes in the unskilled (or skilled) unions bargaining power may have a positive impact on the final goods production. At the same time, total labor earnings increase with the unskilled unions bargaining power if the final goods production increases too. We also show that the minimum wage legislation has e.ects similar to an increase in the bargaining power of the unskilled unions.skills, labor supplies, minimum wage, union power

Dynamic transition in Landau-Zener-St\"uckelberg interferometry of dissipative systems: the case of the flux qubit

We study Landau-Zener-Stuckelberg (LZS) interferometry in multilevel systems coupled to an Ohmic quantum bath. We consider the case of superconducting flux qubits driven by a dc+ac magnetic fields, but our results can apply to other similar systems. We find a dynamic transition manifested by a symmetry change in the structure of the LZS interference pattern, plotted as a function of ac amplitude and dc detuning. The dynamic transition is from a LZS pattern with nearly symmetric multiphoton resonances to antisymmetric multiphoton resonances at long times (above the relaxation time). We also show that the presence of a resonant mode in the quantum bath can impede the dynamic transition when the resonant frequency is of the order of the qubit gap. Our results are obtained by a numerical calculation of the finite time and the asymptotic stationary population of the qubit states, using the Floquet-Markov approach to solve a realistic model of the flux qubit considering up to 10 energy levels.Comment: One new figure added. Final version to be published in PR