9,581 research outputs found

    Staggered Wages and Output Dynamics under Disinflation.

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    We study the output costs of a reduction in monetary growth in a dynamic general equilibrium model with staggered wages. The money wage is fixed for two periods, and is chosen according to intertemporal optimization. Agents have labour market monopoly power. We show that the introduction of microfoundations helps to resolve the puzzle raised by directly postulated models, namely that disinflation in staggered pricing models causes a boom. In our model disinflation, whether unanticipated or anticipated, unambiguously causes a slump.WAGES ; INFLATION ; MONEY

    Maximum Sustainable Government Debt in the Overlapping Generations Model.

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    The theoretical determinants of maximum sustainable government debt are investigated using Diamond's overlapping-generations model. A level of debt is defined to be 'sustainable' f a steady state with non-degenerate values of economic variables exists. We show that a maximum sustainable level of debt almost always exists. Most interestingly, it normally occurs at a 'catastrophe' ather than a 'degeneracy' , i.e. where variables such as capital and consumption are in the interiors, rather than at the limits, of their economically meaningful ranges. This means that if debt is increased step by step, the economy may suddenly collapse without obvious warning.GOVERNMENT DEBT ; OVERLAPPING GENERATIONS

    Understanding the impact of recurrent interactions on population tuning: Application to MT cells characterization

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    International audienceA ring network model under neural fields formalism with a structured input is studied. Bifurcation analysis is applied to understand the behaviour of the network model under different connectivity regimes and input conditions. The parameter regimes over which the localised input bumps could be preserved, combined or selected are used to identify the potential network regimes under which direction selective cells in MT area exhibiting analogous behaviour could be operating. The parameter regimes are further explored to identify possible transitions in the tuning behaviour with respect to change of driving stimuli as observed in experimental recordings

    13 Years of Timing of PSR B1259-63

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    This paper summarizes the results of 13 years of timing observations of a unique binary pulsar, PSR B1259-63, which has a massive B2e star companion. The data span encompasses four complete orbits and includes the periastron passages in 1990, 1994, 1997 and 2000. Changes in dispersion measure occurring around the 1994, 1997 and 2000 periastrons are measured and accounted for in the timing analysis. There is good evidence for a small glitch in the pulsar period in 1997 August, not long after the 1997 periastron, and a significant frequency second derivative indicating timing noise. We find that spin-orbit coupling with secular changes in periastron longitude and projected semi-major axis (xx) cannot account for the observed period variations over the whole data set. While fitting the data fairly well, changes in pulsar period parameters at each periastron seem ruled out both by X-ray observations and by the large apparent changes in pulsar frequency derivative. Essentially all of the systematic period variations are accounted for by a model consisting of the 1997 August glitch and step changes in xx at each periastron. These changes must be due to changes in the orbit inclination, but we can find no plausible mechanism to account for them. It is possible that timing noise may mask the actual changes in orbital parameters at each periastron, but the good fit to the data of the xx step-change model suggests that short-term timing noise is not significant.Comment: 9 pages, 7 figures, accepted by MNRA

    Radiation properties of extreme nulling pulsar J1502-5653

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    We report on radiation properties of extreme nulling pulsar J1502-5653, by analyzing the data acquired from the Parkes 64-m telescope at 1374 MHz. The radio emission from this pulsar exhibits sequences of several tens to several hundreds consecutive burst pulses, separated by null pulses, and the appearance of the emission seems quasi-periodic. The null fraction from the data is estimated to be 93.6%. No emission is detected in the integrated profile of all null pulses. Systematic modulations of pulse intensity and phase are found at the beginning of burst-pulse sequences just after null. The intensity usually rises to a maximum for the first few pulses, then declines exponentially afterwards, and becomes stable after few tens of pulse periods. The peak phase appears at later longitudes for the first pulse, then drifts to earlier longitudes rapidly, and then systematic drifting gradually vanishes while the intensity becomes stable. In this pulsar, the intensity variation and phase modulation of pulses are correlated in a short duration after the emission starts following a null. Observed properties of the pulsar are compared with other nulling pulsars published previously, and the possible explanation for phase modulation is discussed.Comment: 5 pages, 7 figures. Accepted by MNRA

    Nonlinear Differential Equations Satisfied by Certain Classical Modular Forms

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    A unified treatment is given of low-weight modular forms on \Gamma_0(N), N=2,3,4, that have Eisenstein series representations. For each N, certain weight-1 forms are shown to satisfy a coupled system of nonlinear differential equations, which yields a single nonlinear third-order equation, called a generalized Chazy equation. As byproducts, a table of divisor function and theta identities is generated by means of q-expansions, and a transformation law under \Gamma_0(4) for the second complete elliptic integral is derived. More generally, it is shown how Picard-Fuchs equations of triangle subgroups of PSL(2,R) which are hypergeometric equations, yield systems of nonlinear equations for weight-1 forms, and generalized Chazy equations. Each triangle group commensurable with \Gamma(1) is treated.Comment: 40 pages, final version, accepted by Manuscripta Mathematic

    Electronic band structure and carrier effective mass in calcium aluminates

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    First-principles electronic band structure investigations of five compounds of the CaO-Al2O3 family, 3CaO.Al2O3, 12CaO.7Al2O3, CaO.Al2O3, CaO.2Al2O3 and CaO.6Al2O3, as well as CaO and alpha-, theta- and kappa-Al2O3 are performed. We find that the conduction band in the complex oxides is formed from the oxygen antibonding p-states and, although the band gap in Al2O3 is almost twice larger than in CaO, the s-states of both cations. Such a hybrid nature of the conduction band leads to isotropic electron effective masses which are nearly the same for all compounds investigated. This insensitivity of the effective mass to variations in the composition and structure suggests that upon a proper degenerate doping, both amorphous and crystalline phases of the materials will possess mobile extra electrons

    Adjustment of the electric current in pulsar magnetospheres and origin of subpulse modulation

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    The subpulse modulation of pulsar radio emission goes to prove that the plasma flow in the open field line tube breaks into isolated narrow streams. I propose a model which attributes formation of streams to the process of the electric current adjustment in the magnetosphere. A mismatch between the magnetospheric current distribution and the current injected by the polar cap accelerator gives rise to reverse plasma flows in the magnetosphere. The reverse flow shields the electric field in the polar gap and thus shuts up the plasma production process. I assume that a circulating system of streams is formed such that the upward streams are produced in narrow gaps separated by downward streams. The electric drift is small in this model because the potential drop in narrow gaps is small. The gaps have to drift because by the time a downward stream reaches the star surface and shields the electric field, the corresponding gap has to shift. The transverse size of the streams is determined by the condition that the potential drop in the gaps is sufficient for the pair production. This yields the radius of the stream roughly 10% of the polar cap radius, which makes it possible to fit in the observed morphological features such as the "carousel" with 10-20 subbeams and the system of the core - two nested cone beams.Comment: 8 pages, 1 figur
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