Income composition and propensities to consume

So as to better understand households' consumption behaviour, the composition of incomes was not as regarded as wealth structure. Since the 80s in France, the former has dramatically changed though, retirement and unemployment transfers taking a heavier weight. Various reasons can justify that the income composition influences consumption. Aggregation of behaviours of different households with different propensity to consume is a first reason. A second one is that some incomes are more persistent and are consequently more consumed: a positive shock for these incomes is translated into a higher increase of permanent income. An illustration is proposed within the life-cycle model framework for both these justifications. Econometric estimations, with data from the national accounts at 1995 constant prices, show that the propensity to consume dependent wages, social transfers and self-employed incomes is higher that for other incomes. In comparison with other specifications which insist on wealth effects or interest rate effects, we find this result challenging. But, a future research using micro data would be most welcome to confirm it. Above all, the high propensity to consume self-employed incomes should be studied more precisely. And new national accounts will also bring another test of robustness for this result.propensity to consume, income composition, forecasting

Infinite Volume and Continuum Limits of the Landau-Gauge Gluon Propagator

We extend a previous improved action study of the Landau gauge gluon propagator, by using a variety of lattices with spacings from $a = 0.17$ to 0.41 fm, to more fully explore finite volume and discretization effects. We also extend a previously used technique for minimizing lattice artifacts, the appropriate choice of momentum variable or ``kinematic correction'', by considering it more generally as a ``tree-level correction''. We demonstrate that by using tree-level correction, determined by the tree-level behavior of the action being considered, it is possible to obtain scaling behavior over a very wide range of momenta and lattice spacings. This makes it possible to explore the infinite volume and continuum limits of the Landau-gauge gluon propagator.Comment: 24 pages RevTex, 18 figures; Responses to referee comments, minor change

Hadron Masses From Novel Fat-Link Fermion Actions

The hadron mass spectrum is calculated in lattice QCD using a novel fat-link clover fermion action in which only the irrelevant operators in the fermion action are constructed using smeared links. The simulations are performed on a 16^3 x 32 lattice with a lattice spacing of a=0.125 fm. We compare actions with n=4 and 12 smearing sweeps with a smearing fraction of 0.7. The n=4 Fat-Link Irrelevant Clover (FLIC) action provides scaling which is superior to mean-field improvement, and offers advantages over nonperturbative 0(a) improvement, including a reduced exceptional configuration problem.Comment: 12 pages, 4 figures, new simulation with mean-field improved clover, further discussion of actio

Hadron Properties with FLIC Fermions

The Fat-Link Irrelevant Clover (FLIC) fermion action provides a new form of nonperturbative O(a)-improvement in lattice fermion actions offering near continuum results at finite lattice spacing. It provides computationally inexpensive access to the light quark mass regime of QCD where chiral nonanalytic behaviour associated with Goldstone bosons is revealed. The motivation and formulation of FLIC fermions, its excellent scaling properties and its low-lying hadron mass phenomenology are presented.Comment: 29 pages, 13 figures, 6 tables. Contribution to lecure notes in 2nd Cairns Topical Workshop on Lattice Hadron Physics 2003 (LHP 2003), Cairns, Australia, 22-30 Jul 200

Symmetry of Traveling Wave Solutions to the Allen-Cahn Equation in \Er^2

In this paper, we prove even symmetry of monotone traveling wave solutions to the balanced Allen-Cahn equation in the entire plane. Related results for the unbalanced Allen-Cahn equation are also discussed

Theoretical investigations of a highly mismatched interface: the case of SiC/Si(001)

Using first principles, classical potentials, and elasticity theory, we investigated the structure of a semiconductor/semiconductor interface with a high lattice mismatch, SiC/Si(001). Among several tested possible configurations, a heterostructure with (i) a misfit dislocation network pinned at the interface and (ii) reconstructed dislocation cores with a carbon substoichiometry is found to be the most stable one. The importance of the slab approximation in first-principles calculations is discussed and estimated by combining classical potential techniques and elasticity theory. For the most stable configuration, an estimate of the interface energy is given. Finally, the electronic structure is investigated and discussed in relation with the dislocation array structure. Interface states, localized in the heterostructure gap and located on dislocation cores, are identified

Synthesis and characterization of core-shell structure silica-coated Fe29.5Ni70.5 nanoparticles

In view of potential applications of magnetic particles in biomedicine and electromagnetic devices, we made use of the classical Stober method base-catalysed hydrolysis and condensation of tetraethoxysilane (TEOS) to encapsulate FeNi nanoparticles within a silica shell. An original stirring system under high power ultrasounds made possible to disperse the otherwise agglomerated particles. Sonication guaranteed particles to remain dispersed during the Stober synthesis and also improved the efficiency of the method. The coated particles are characterized by electron microscopy (TEM) and spectroscopy (EDX) showing a core-shell structure with a uniform layer of silica. Silica-coating does not affect the core magnetic properties. Indeed, all samples are ferromagnetic at 77 K and room temperature and the Curie point remains unchanged. Only the coercive force shows an unexpected non-monotonous dependence on silica layer thickness.Comment: Regular paper submited to international peer-reveiwed journa

A statistical mechanical description of metastable states and hysteresis in the 3D soft-spin random-field model at T=0

We present a formalism for computing the complexity of metastable states and the zero-temperature magnetic hysteresis loop in the soft-spin random-field model in finite dimensions. The complexity is obtained as the Legendre transform of the free-energy associated to a certain action in replica space and the hysteresis loop above the critical disorder is defined as the curve in the field-magnetization plane where the complexity vanishes; the nonequilibrium magnetization is therefore obtained without having to follow the dynamical evolution. We use approximations borrowed from condensed-matter theory and based on assumptions on the structure of the direct correlation functions (or proper vertices), such as a local approximation for the self-energies, to calculate the hysteresis loop in three dimensions, the correlation functions along the loop, and the second moment of the avalanche-size distribution.Comment: 28 pages, 12 figure

Excited Baryons in Lattice QCD

We present first results for the masses of positive and negative parity excited baryons calculated in lattice QCD using an O(a^2)-improved gluon action and a fat-link irrelevant clover (FLIC) fermion action in which only the irrelevant operators are constructed with APE-smeared links. The results are in agreement with earlier calculations of N^* resonances using improved actions and exhibit a clear mass splitting between the nucleon and its chiral partner. An correlation matrix analysis reveals two low-lying J^P=(1/2)^- states with a small mass splitting. The study of different Lambda interpolating fields suggests a similar splitting between the lowest two Lambda1/2^- octet states. However, the empirical mass suppression of the Lambda^*(1405) is not evident in these quenched QCD simulations, suggesting a potentially important role for the meson cloud of the Lambda^*(1405) and/or a need for more exotic interpolating fields.Comment: Correlation matrix analysis performed. Increased to 400 configurations. 22 pages, 13 figures, 15 table