On the Dynamics of International Real-Estate-Investment Trust-Propagation Mechanisms: Evidence from Time-Varying Return and Volatility Connectedness Measures

In this paper, we investigate the time-varying interconnectedness of international Real Estate Investment Trusts (REITs) markets using daily REIT prices in twelve major REIT countries since the Global Financial Crisis. We construct dynamic total, net total and net pairwise return and volatility connectedness measures to better understand systemic risk and the transmission of shocks across REIT markets. Our findings show that that REIT market interdependence is dynamic and increases significantly during times of heightened uncertainty, including the COVID-19 pandemic. We also find that the US REIT market along with major European REITs are generally sources of shocks to Asian-Pacific REIT markets. Furthermore, US REITs appear to dominate European REITs. These findings highlight that portfolio diversification opportunities decline during times of market uncertainty.     

Effects of initial states on the quantum correlations in the generalized Grover search algorithm

We investigate the correlations between two qubits in the Grover search algorithm with arbitrary initial states by numerical simulation. Using a set of suitable bases, we construct the reduced density matrix and give the numerical expression of correlations relating to the iterations. For different initial states, we obtain the concurrence and quantum discord compared with the success probability in the algorithm. The results show that the initial states affect the correlations and the limit point of the correlations in the searching process. However, the initial states do not influence the whole cyclical trend.     

自旋轨道耦合Su-Schrieffer-Heeger原子链系统的电子输运特性

在Su-Schrieffer-Heeger (SSH)原子链中,电子在胞内和胞间的跳跃依赖于其自旋时,即SSH原子链存在自旋轨道耦合作用时,存在不同缠绕数的非平庸拓扑边缘态.如何探测自旋轨道耦合SSH原子链不同缠绕数的边缘态是一个重要问题.本文在紧束缚近似下研究了自旋轨道耦合SSH原子链的非平庸拓扑边缘态性质及其零能附近的电子输运特性.研究发现四重和二重简并边缘态的缠绕数分别为2和1;并且仅当源极入射电子的自旋被极化(铁磁电极)时,自旋轨道耦合SSH原子链在零能附近的电子输运特性才能反映其边缘态的能谱特性.尤其是,随着自旋轨道耦合SSH原子链与左、右导线之间的耦合强度由弱到强改变,对于缠绕数为2的四重简并边缘态,入射电子在零能附近的透射峰数目将从4个变为0;而对于缠绕数为1的二重简并边缘态情形,其透射峰数目将从2个变为0.因此,在源极为铁磁电极的情形下,通过观察自旋轨道耦合SSH原子链在零能附近电子共振透射峰的数目随着其与左、右导线之间耦合强度的变化,来探测其不同缠绕数的边缘态.上述结果为基于电子输运特性探测自旋轨道耦合SSH原子链不同拓扑性质的边缘态提供了一种可选择的理论方案.     

Multifractality in Quasienergy Space of Coherent States as a Signature of Quantum Chaos

We present the multifractal analysis of coherent states in kicked top model by expanding them in the basis of Floquet operator eigenstates. We demonstrate the manifestation of phase space structures in the multifractal properties of coherent states. In the classical limit, the classical dynamical map can be constructed, allowing us to explore the corresponding phase space portraits and to calculate the Lyapunov exponent. By tuning the kicking strength, the system undergoes a transition from regularity to chaos. We show that the variation of multifractal dimensions of coherent states with kicking strength is able to capture the structural changes of the phase space. The onset of chaos is clearly identified by the phase-space-averaged multifractal dimensions, which are well described by random matrix theory in a strongly chaotic regime. We further investigate the probability distribution of expansion coefficients, and show that the deviation between the numerical results and the prediction of random matrix theory behaves as a reliable detector of quantum chaos.     

A Hybrid Metaheuristic Based on Neurocomputing for Analysis of Unipolar Electrohydrodynamic Pump Flow

A unipolar electrohydrodynamic (UP-EHD) pump flow is studied with known electric potential at the emitter and zero electric potential at the collector. The model is designed for electric potential, charge density, and electric field. The dimensionless parameters, namely the electrical source number (Es), the electrical Reynolds number (ReE), and electrical slip number (Esl), are considered with wide ranges of variation to analyze the UP-EHD pump flow. To interpret the pump flow of the UP-EHD model, a hybrid metaheuristic solver is designed, consisting of the recently developed technique sine–cosine algorithm (SCA) and sequential quadratic programming (SQP) under the influence of an artificial neural network. The method is abbreviated as ANN-SCA-SQP. The superiority of the technique is shown by comparing the solution with reference solutions. For a large data set, the technique is executed for one hundred independent experiments. The performance is evaluated through performance operators and convergence plots.     

Is Bitcoin Still a King? Relationships between Prices,Volatility and Liquidity of Cryptocurrencies during the Pandemic

We try to establish the commonalities and leadership in the cryptocurrency markets by examining the mutual information and lead-lag relationships between Bitcoin and other cryptocurrencies from January 2019 to June 2021. We examine the transfer entropy between volatility and liquidity of seven highly capitalized cryptocurrencies in order to determine the potential direction of information flow. We find that cryptocurrencies are strongly interrelated in returns and volatility but less in liquidity. We show that smaller and younger cryptocurrencies (such as Ripple’s XRP or Litecoin) have started to affect the returns of Bitcoin since the beginning of the pandemic. Regarding liquidity, the results of the dynamic time warping algorithm also suggest that the position of Monero has increased. Those outcomes suggest the gradual increase in the role of privacy-oriented cryptocurrencies.     

Analytical Expressions for Ising Models on High Dimensional Lattices

We use an m-vicinity method to examine Ising models on hypercube lattices of high dimensions d≥3. This method is applicable for both short-range and long-range interactions. We introduce a small parameter, which determines whether the method can be used when calculating the free energy. When we account for interaction with the nearest neighbors only, the value of this parameter depends on the dimension of the lattice d. We obtain an expression for the critical temperature in terms of the interaction constants that is in a good agreement with the results of computer simulations. For d=5,6,7, our theoretical estimates match the numerical results both qualitatively and quantitatively. For d=3,4, our method is sufficiently accurate for the calculation of the critical temperatures; however, it predicts a finite jump of the heat capacity at the critical point. In the case of the three-dimensional lattice (d=3), this contradicts the commonly accepted ideas of the type of the singularity at the critical point. For the four-dimensional lattice (d=4), the character of the singularity is under current discussion. For the dimensions d=1, 2 the m-vicinity method is not applicable.     

不同衬底和CdCl2退火对磁控溅射CdS薄膜性能的影响

在科宁7059玻璃, FTO, ITO, AZO四种衬底上磁控溅射CdS薄膜, 并在CdCl₂+干燥空气380 ℃退火, 分别研究了不同衬底和退火工艺对CdS薄膜形貌、结构和光学性能的影响. 扫描电子显微镜形貌表明: 不同衬底原位溅射CdS薄膜的形貌不同, 退火后相应CdS薄膜的晶粒度和表面粗糙度明显增大. XRD衍射图谱表明: 不同衬底原位溅射和退火CdS薄膜均为六角相和立方相的混相结构, 退火前后科宁7059玻璃, FTO, AZO衬底上CdS薄膜有 H(002)/C(111) 最强衍射峰, ITO衬底原位溅射CdS薄膜没有明显的最强衍射峰, 退火后出现 H(002)/(111) 最强衍射峰. 紫外-可见分光光度计分析表明: AZO, FTO, ITO, 科宁7059玻璃衬底CdS薄膜的可见光平均透过率依次减小, 退火后相应衬底CdS薄膜的可见光平均透过率增大, 光学吸收系数降低; 退火显著增大了不同衬底CdS薄膜的光学带隙. 分析得出: 上述结果是由于不同衬底类型和退火工艺对CdS多晶薄膜的形貌、结构和带尾态掺杂浓度改变的结果. 关键词： CdS薄膜 磁控溅射 退火再结晶 带尾态     

Potential energy surfaces in algebraic molecular models using coherent states

The potential energy surfaces provided by the coherent states formalism for the case of interacting one-dimensional oscillators is investigated. The case of two interacting oscillators modelled with Morse potentials are considered in detail. First the traditional treatment is presented in order to identify the need to establish a new transformation between the parameters and the classical variables that allow the full Hamiltonian to be recovered. To this end the connection between the su(2) algebraic model and the usual treatment in configuration space was taken into account. It is shown that the coherent state approach when applied to recover the potential energy surface (PES) from a polyad preserving Hamiltonian is viable only in systems with a local mode behaviour. For molecules with a normal mode behaviour the approach is still valid, but the polyad must be broken in order to recover the PES. Our approach is evaluated through the calculation of the force constants for H₂O and CO₂, representative examples of local and normal behaviours.