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This paper uses the co-incidence of extreme shocks to banks’ risk to examine within country and across country contagion among large EU banks. Banks’ risk is measured by the first difference of weekly distances to default and abnormal returns. Using Monte Carlo simulations, the paper examines whether the observed frequency of large shocks experienced by two or more banks simultaneously is consistent with the assumption of a multivariate normal or a student t distribution. Further, the paper proposes a simple metric, which is used to identify contagion from one bank to another and identify “systemically important” banks in the EU.
The biological effects of energetic heavy ions are attracting increasing interest for their applications in cancer therapy and protection against space radiation. The cascade of events leading to cell death or late effects starts from stochastic energy deposition on the nanometer scale and the corresponding lesions in biological molecules, primarily DNA. We have developed experimental techniques to visualize DNA nanolesions induced by heavy ions. Nanolesions appear in cells as “streaks” which can be visualized by using different DNA repair markers. We have studied the kinetics of repair of these “streaks” also with respect to the chromatin conformation. Initial steps in the modeling of the energy deposition patterns at the micrometer and nanometer scale were made with MCHIT and TRAX models, respectively.
ϕ-meson production in In–In collisions at Elab=158A GeV: Evidence for relics of a thermal phase
(2010)
Yields and transverse mass distributions of the ϕ-mesons reconstructed in the ϕ→μ+μ− channel in In+In collisions at Elab=158A GeV are calculated within an integrated Boltzmann+hydrodynamics hybrid approach based on the Ultrarelativistic Quantum Molecular Dynamics (UrQMD) transport model with an intermediate hydrodynamic stage. The analysis is performed for various centralities and a comparison with the corresponding NA60 data in the muon channel is presented. We find that the hybrid model, that embeds an intermediate locally equilibrated phase subsequently mapped into the transport dynamics according to thermal phase-space distributions, gives a good description of the experimental data, both in yield and slope. On the contrary, the pure transport model calculations tend to fail in catching the general properties of the ϕ meson production: not only the yield, but also the slope of the mT spectra, compare poorly with the experimental observations at top SPS energies.