Exchange-Rate Dark Matter

Exchange-Rate Dark Matter
Author: Mr.Martin D. Evans
Publisher: International Monetary Fund
Total Pages: 63
Release: 2012-03-01
Genre: Business & Economics
ISBN: 1463949553

Dark matter accounts for 83 percent of the matter in the universe and plays a central role in cosmology modeling. This paper argues that an analogous form of dark matter plays a similarly important role in international macroeconomics. Exchange-rate dark matter is invisible, but its existence can be inferred from observations on real exchange rates and interest rates. I first show that dark matter is the dominant driver of short- and medium-term changes in real exchange rates for the G-7 countries; accounting for more than 90 percent of the variance at the five-year horizon. I then develop a model in which risk shocks account for dark matter's role as a driver of exchange-rate dynamics and other macro variables.

Studies in Foreign Exchange Economics

Studies in Foreign Exchange Economics
Author: Martin D D Evans
Publisher: World Scientific Publishing Company
Total Pages: 791
Release: 2017-06-28
Genre: Business & Economics
ISBN: 9813148543

This book collects my scholarly research on the behavior of foreign exchange rates conducted over the past twenty-five years. The collection includes papers that study the behavior of exchange rates from the traditional macroeconomic and newer microstructure perspectives. The former perspective considers the linkages between the macro economy and currency prices in an effort to understand the behavior of exchange rates over quarters, years and decades. By contrast, the microstructure perspective considers how the details of currency trading affect how macroeconomic information becomes embedded in currency prices, a process which drives exchange-rates over intraday horizons. The book also contains papers with a hybrid perspective that consider the details of currency trading and macroeconomic linkages in an effort to understand exchange-rate dynamics across all horizons.

Dark Matter

Dark Matter
Author: J. Val Blain
Publisher: Nova Publishers
Total Pages: 166
Release: 2006
Genre: Science
ISBN: 9781594545498

It is generally believed that most of the matter in the universe is dark, i.e. cannot be detected from the light which it emits (or fails to emit). Its presence is inferred indirectly from the motions of astronomical objects, specifically stellar, galactic, and galaxy cluster/supercluster observations. It is also required in order to enable gravity to amplify the small fluctuations in the cosmic microwave background enough to form the large-scale structures that we see in the universe today. For each of the stellar, galactic, and galaxy cluster/supercluster observations the basic principle is that if we measure velocities in some region, then there has to be enough mass there for gravity to stop all the objects flying apart. Dark matter has important consequences for the evolution of the universe and the structure within it. According to general relativity, the universe must conform to one of three possible types: open, flat, or closed. The total amount of mass and energy in the universe determines which of the three possibilities applies to the universe. In the case of an open universe, the total mass and energy density (denoted by the Greek letter Ù) is less than unity. If the universe is closed, Ù is greater than unity. For the case where Ù is exactly equal to one the universe is "flat". This new book details leading-edge research from around the globe.

An Introduction To Particle Dark Matter

An Introduction To Particle Dark Matter
Author: Stefano Profumo
Publisher: World Scientific Publishing Company
Total Pages: 287
Release: 2017-02-23
Genre: Science
ISBN: 1786340038

What is the dark matter that fills the Universe and binds together galaxies? How was it produced? What are its interactions and particle properties?The paradigm of dark matter is one of the key developments at the interface of cosmology and elementary particle physics. It is also one of the foundations of the standard cosmological model. This book presents the state of the art in building and testing particle models for dark matter. Each chapter gives an analysis of questions, research directions, and methods within the field. More than 200 problems are included to challenge and stimulate the reader's knowledge and provide guidance in the practical implementation of the numerous 'tools of the trade' presented. Appendices summarize the basics of cosmology and particle physics needed for any quantitative understanding of particle models for dark matter.This interdisciplinary textbook is essential reading for anyone interested in the microscopic nature of dark matter as it manifests itself in particle physics experiments, cosmological observations, and high-energy astrophysical phenomena: from graduate students and advanced undergraduates to cosmologists and astrophysicists interested in particle models for dark matter and particle physicists interested in early-universe cosmology and high-energy astrophysics.

Dark Matter and Dark Energy

Dark Matter and Dark Energy
Author: Sabino Matarrese
Publisher: Springer Science & Business Media
Total Pages: 413
Release: 2011-02-10
Genre: Science
ISBN: 9048186854

This book brings together reviews from leading international authorities on the developments in the study of dark matter and dark energy, as seen from both their cosmological and particle physics side. Studying the physical and astrophysical properties of the dark components of our Universe is a crucial step towards the ultimate goal of unveiling their nature. The work developed from a doctoral school sponsored by the Italian Society of General Relativity and Gravitation. The book starts with a concise introduction to the standard cosmological model, as well as with a presentation of the theory of linear perturbations around a homogeneous and isotropic background. It covers the particle physics and cosmological aspects of dark matter and (dynamical) dark energy, including a discussion of how modified theories of gravity could provide a possible candidate for dark energy. A detailed presentation is also given of the possible ways of testing the theory in terms of cosmic microwave background, galaxy redshift surveys and weak gravitational lensing observations. Included is a chapter reviewing extensively the direct and indirect methods of detection of the hypothetical dark matter particles. Also included is a self-contained introduction to the techniques and most important results of numerical (e.g. N-body) simulations in cosmology. " This volume will be useful to researchers, PhD and graduate students in Astrophysics, Cosmology Physics and Mathematics, who are interested in cosmology, dark matter and dark energy.

Manifestations of Dark Matter and Variations of the Fundamental Constants in Atoms and Astrophysical Phenomena

Manifestations of Dark Matter and Variations of the Fundamental Constants in Atoms and Astrophysical Phenomena
Author: Yevgeny V. Stadnik
Publisher: Springer
Total Pages: 103
Release: 2017-07-19
Genre: Science
ISBN: 3319634178

This thesis explores the possibility of searching for new effects of dark matter that are linear in g, an approach that offers enormous advantages over conventional schemes, since the interaction constant g is very small, g“1. Further, the thesis employs an investigation of linear effects to derive new limits on certain interactions of dark matter with ordinary matter that improve on previous limits by up to 15 orders of magnitude. The first-ever limits on several other interactions are also derived. Astrophysical observations indicate that there is five times more dark matter—an ‘invisible’ form of matter, the identity and properties of which still remain shrouded in mystery—in the Universe than the ordinary ‘visible’ matter that makes up stars, planets, dust and interstellar gases. Conventional schemes for the direct detection of dark matter involve processes (such as collisions with, absorption by or inter-conversion with ordinary matter) that are either quartic (g4) or quadratic (g2) in an underlying interaction constant g.

Principles of International Finance and Open Economy Macroeconomics

Principles of International Finance and Open Economy Macroeconomics
Author: Cristina Terra
Publisher: Academic Press
Total Pages: 363
Release: 2015-06-09
Genre: Business & Economics
ISBN: 0128025387

Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives of emerging economies and developing countries. Unlike most macroeconomic textbooks, which typically emphasize issues about developed countries while downplaying issues related to developing countries, this book emphasizes problems in emerging economies, including those in Latin American countries. It also explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis. - Concentrates on developing country perspectives on International Finance and the Economy, including those in Latin American countries - Provides case studies and publicly available data allowing readers to explore theories and their applications - Explains recent developments in international finance that are essential to a thorough understanding of the effects and implications of the recent financial crisis - Proposes a unified mathematical model accessible to those with basic mathematical skills

Essentials on Dark Matter

Essentials on Dark Matter
Author: Abraao Jesse Capistrano
Publisher: BoD – Books on Demand
Total Pages: 74
Release: 2018-09-12
Genre: Science
ISBN: 1789236800

The modern roots on the dark matter problem were basically launched in the 30s, with Zwicky's observations on a notorious discrepancy of mass in coma cluster that presented 500 times the mass than expected using the Newtonian theory (Virial theorem). Curiously, almost 90 years have passed, and the dark matter problem persists and is one of the most common challenges in both observational and theoretical physics. The Dark Matter is a rapid communication on the status-quo of the dark matter phenomenology as well as a presentation of new discussions on the theme.