Exchange-Rate Systems and Interest-Rate Behaviour: The Experience of Hong Kong and Singapore

The Currency Board System in Hong Kong and the monitoring band system in Singapore are important benchmarks for two different exchange-rate systems. In this paper we consider the implications of the two exchange-rate systems on the interest-rate behaviour of the two economies. We examine the domestic-US interest differentials under the two exchange-rate regimes during the Asian Financial Crisis as well as the pre- and post-crisis periods. Using a bivariate generalized autoregressive conditional heteroscedasticity model, we also investigate whether there is any change in the correlation between the domestic and US interest rates due to the Asian Financial Crisis.

Inert-states of spin-5 and spin-6 Bose-Einstein condensates

In this paper we consider spinor Bose-Einstein condensates with spin f=5 and f=6 in the presence and absence of external magnetic field at the mean field level. We calculate all of so-called inert-states of these systems. Inert-states are very unique class of stationary states because they remain stationary while Hamiltonian parameters change. Their existence comes from Michel's theorem. For illustration of symmetry properties of the inert-states we use method that allows classification of the systems as a polyhedron with 2f vertices proposed by R. Barnett et al., Phys. Rev. Lett. 97, 180412 (2006).Comment: 19 pages, 4 figure

Josephson Current between Triplet and Singlet Superconductors

The Josephson effect between triplet and singlet superconductors is studied. Josephson current can flow between triplet and singlet superconductors due to the spin-orbit coupling in the spin-triplet superconductor but it is finite only when triplet superconductor has $L_z=-S_z=\pm 1$, where $L_z$ and $S_z$ are the perpendicular components of orbital angular momentum and spin angular momentum of the triplet Cooper pairs, respectively. The recently observed temperature and orientational dependence of the critical current through a Josephson junction between UPt$_3$ and Nb is investigated by considering a non-unitary triplet state.Comment: 4 pages, no figure

Thin Films of 3He -- Implications on the Identification of 3 He -A

Recently the identification of 3He-A with the axial state has been questioned. It is suggested that the A-phase can actually be in the axiplanar state. We point out in the present paper that experiments in a film geometry may be useful to distinguish the above two possibilities. In particular a second order phase transition between an axial and an axiplanar state would occur as a function of thickness or temperature.Comment: 3 pages, no figures latex- revtex aps accepted by J. of Low Temperature Physic

Suppression of both superconductivity and structural transition in hole-doped MoTe2_2 induced by Ta substitution

Type-II Weyl semimetal MoTe$_2$ exhibits a first-order structural transition at $T_s$ $\sim$250~K and superconducts at $T_c$ $\sim$0.1~K at ambient pressure. Both $T_s$ and $T_c$ can be manipulated by several tuning parameters, such as hydrostatic pressure and chemical substitution. It is often reported that suppressing $T_s$ enhances $T_c$, but our study shows a different behaviour when MoTe$_2$ is hole-doped by Ta. When $T_s$ is suppressed by Ta doping, $T_c$ is also suppressed. Our findings suggest that the suppression of $T_s$ does not necessarily enhance superconductivity in MoTe$_2$. By connecting with the findings of electron-doped MoTe$_2$, we argue that varying electron carrier concentration can effectively tune $T_c$. In addition, the Hall coefficient is enhanced around the doping region, where $T_s$ is completely suppressed, suggesting that the critical scattering around the structural transition may also play a role in suppressing $T_c$