Fluctuation Exchange Research Articles

Research on the Dynamic Relationship Between Asset Price Fluctuation and Foreign Exchange Market

Research on the Dynamic Relationship Between Asset Price Fluctuation and Foreign Exchange Market

Spin fluctuations and orbital-selective superconductivity in Ba2CuO4−y: A FLEX study

Abstract Recently discovered Ba2CuO4−y provides new perspectives to the study of high-temperature superconductivity. Whereas, little is known about the spin dynamics of this material. In this work, we employ the fluctuation exchange (FLEX) approximation within the framework of spin-fluctuation mediated superconductivity to examine the behavior of the spin fluctuations of a two-orbital Hubbard model for Ba2CuO4−y . Our calculations reveal an extraordinary spin resonance mode coupled to the superconducting state in the hole-underdoped regime. Furthermore, we confirm that the coupling between the electrons and this resonance mode can lead to a dip-like feature in the electronic spectrum as a feedback effect. In the hole-overdoped regime, by incorporating self energy into our calculations, we obtain orbital-dependent renormalizations and show how these self-energy effects can lead to the detailed gap structures and the orbital-selective superconductivity, which could not be obtained in a previous study using random phase approximation (RPA). This research may shed new light on searching for unconventional superconductors with higher transition temperatures.

Export Instability, Investment, Export Growth and Economic Growth in India

The “Export-led Growth Hypothesis,” as it is known in the literature, is still a popular issue in both theoretical and empirical research. According to the export-led growth hypothesis (ELGH), a key factor in determining growth is the expansion of exports. It asserts that growing capital and labour inputs into the economy as well as exports can contribute to a country’s overall growth. The association between economic development, export growth, export fluctuation, and real effective exchange rate (REER) in India from 2001 to 2021 is examined in this paper using a multiple linear regression analysis model. Additionally, the impacts of foreign exchange, export fluctuation on investment, and import of capital goods have also been studied. The autocorrelation is also tested using the Durbin-Watson (D-W) test. Investigation of the association between income growth and exports in the context of India reveals that the country’s exports haven’t increased significantly enough to prove the theory of export-led growth. For instance, ceteris paribus, one per cent change in exports over time is expected to result in a 0.007 per cent increase in GDP. Weaker global demand, inflation, dropping exports, and growing global trade conflict all contribute to a weaker-than-expected positive link between GDP and exports. However, the findings have also shown that one per cent rise in instability increases GDP by 5.04 per cent. Furthermore, research has indicated that export instability does contribute to import for capital goods and demonstrates the relationship between investment and export instability is positive but not statistically significant. The result for policy is that, in order to decrease the negative impacts of export fluctuations, India should concentrate on those goods in which it has a competitive edge. The primary factors of the excessive volatility and restricted growth must be fully investigated in order to mitigate instability, and inherent flaws must be addressed.

人民币汇率变动与上市公司外汇风险暴露——基于双变量GJR-GARCH模型的实证分析

人民币汇率变动与上市公司外汇风险暴露——基于双变量GJR-GARCH模型的实证分析

Effects of carrier density and interactions on pairing symmetry in a t2g model

By utilizing the fluctuation exchange approximation method, we perform a study on the superconducting pairing symmetry in a t2g three-orbital model on the square lattice. Although the tight-binding parameters of the model are based on Sr2RuO4, we have systematically studied the evolution of superconducting pairing symmetry with the carrier density and interactions, making our findings relevant to a broader range of material systems. Under a moderate Hund’s coupling, we find that spin fluctuations dominate the superconducting pairing, leading to a prevalent spin-singlet pairing with a d x 2–y 2 -wave symmetry for the carrier density within the range of n = 1.5–4 per site. By reducing the Hund’s coupling, the charge fluctuations are enhanced and play a crucial role in determining the pairing symmetry, leading to a transition of the pairing symmetry from the spin-singlet d x 2–y 2 -wave to the spin-triplet p-wave. Furthermore, we find that the superconducting pairings are orbital dependent. As the carrier density changes from n = 4 to n = 1.5, the active orbitals for superconducting pairing shift from the quasi-two-dimensional orbital d xy to the quasi-one-dimensional orbitals d xz and d yz .

No superconductivity in Pb$_9$Cu$_1$(PO$_4$)$_6$O found in orbital and spin fluctuation exchange calculations

Finding a material that turns superconducting under ambient conditions has been the goal of over a century of research, and recently Pb_{10-x}10−xCu_xx(PO_44)_66O aka LK-99 has been put forward as a possible contestant. In this work, we study the possibility of electronically driven superconductivity in LK-99 also allowing for electron or hole doping. We use an ab initio derived two-band model of the Cu e_geg orbitals for which we determine interaction values from the constrained random phase approximation (cRPA). For this two-band model we perform calculations in the fluctuation exchange (FLEX) approach to assess the strength of orbital and spin fluctuations. We scan over a broad range of parameters and enforce no magnetic or orbital symmetry breaking. Even under optimized conditions for superconductivity, spin and orbital fluctuations turn out to be too weak for superconductivity anywhere near to room-temperature. We contrast this finding to non-self-consistent RPA, where it is possible to induce spin singlet d-wave superconductivity at T_cTc ≥300K if the system is put close enough to a magnetic instability.

Fluctuation Exchange Approximation for Bose–Einstein Condensates

Fluctuation Exchange Approximation for Bose–Einstein Condensates

Superconductivity in multiorbital systems with repulsive interactions: Hund's pairing versus spin-fluctuation pairing

Hund's pairing refers to Cooper pairing generated by onsite interactions that become attractive due to large Hund's exchange $J$. This is possible in multiorbital systems even when all local bare interactions are repulsive, since attractions in specific channels are given by certain linear combinations of interaction parameters. On the other hand, pairing processes such as the exchange of spin fluctuations are also present. We compare mean-field Hund's pairing and spin-fluctuation-mediated pairing using electronic bands appropriate for different classes of multiorbital systems over a wide range of interaction parameters. We find that, for systems without clear nesting features, the superconducting state generated by the Hund's mechanism agrees well with that from the full fluctuation exchange vertex when Hund's exchange and spin-orbit coupling are sufficiently large. On the other hand, for systems characterized by a peaked finite-momentum particle-hole susceptibility, spin-fluctuation pairing generally dominates over Hund's pairing. From this perspective Hund's pairing states appear unlikely to be realized in systems like ${\mathrm{Sr}}_{2}{\mathrm{RuO}}_{4}$ and generic iron-based superconductors.

Leading superconducting instabilities in three-dimensional models for Sr2RuO4

The superconductor Sr2RuO4 has been the subject of enormous interest over more than two decades, but until now the form of its order parameter has not been determined. Since groundbreaking NMR experiments revealed that the pairs are of dominant spin-singlet character, attention has focused on time-reversal symmetry breaking linear combinations of $s$-, $d$- and $g$-wave one-dimensional (1D) irreducible representations. However, a state of the form $d_{xz}+id_{yz}$ has also been proposed. We present a systematic study of the stability of various superconducting candidate states, assuming that pairing is driven by the fluctuation exchange mechanism, including a realistic three-dimensional Fermi surface, full treatment of both local and non-local spin-orbit couplings, and a wide range of interaction parameters $U,J,U',J'$. The leading superconducting instabilities are found to exhibit nodal even-parity $A_{1g} (s')$ or $B_{1g} (d_{x^2-y^2})$ symmetries, similar to the findings in two-dimensional models without longer-range Coulomb interaction which tends to favor $d_{xy}$ over $d_{x^2-y^2}$. Within the so-called Hund's coupling mean-field pairing scenario, the $E_g (d_{xz}/d_{yz})$ solution can be stabilized for large $J$ and specific forms of the spin-orbit coupling, but for all cases studied here the eigenvalues of other superconducting solutions are significantly larger when the full fluctuation exchange vertex is included in the pairing kernel. Additionally, we compute the spin susceptibility in relevant superconducting candidate phases and compare to recent neutron scattering and NMR Knight shift measurements.

Modified GW method in electronic systems

A modified $GW$ approximation to many-body systems is developed. The approximation has the same computational complexity as the traditional $GW$ approach, but uses a different truncation scheme. This scheme neglects the high-order connected correlation functions. A covariant (preserving the Ward identities due to the charge conservation) scheme for the two-body correlators is employed, which holds the relation between the charge correlator and the charge susceptibility. The method is tested on the two-dimensional one-band Hubbard model. The results are compared with exact diagonalization, the $GW$ approximation, the fluctuation-exchange (FLEX) theory, and determinantal Monte Carlo approach. The comparison for the (one-body) Green's function demonstrates that it is more precise in the strong-coupling regime (especially away from half filling) than the $GW$ and FLEX approximations, which have a similar complexity. More importantly, this method indicates a Mott-Hubbard gap as the Hubbard $U$ increases, whereas the $GW$ and FLEX methods fail. In addition, the charge correlator obtained from the covariant scheme not only holds the consistency of the static charge susceptibility, but also makes a significant improvement over the random phase approximation calculations.

Effect of On-site Coulomb Repulsion on Ferromagnetic Fluctuations in Heavily Overdoped Cuprates

We theoretically study ferromagnetic (FM) fluctuations that are experimentally observed in the heavily overdoped region of cuprate superconductors. To explore the origin of FM fluctuations, we evaluate the spin susceptibilities of a single-band Hubbard model within the fluctuation exchange approximation. Model parameters are derived using the Wannierization technique and the constrained random phase approximation method based on the maximally localized Wannier functions. The constrained random phase approximation calculations reveal that the on-site Coulomb interaction decreases with an increase in hole doping. By taking this reduction of the on-site Coulomb interaction into account, the emergence of FM fluctuations in heavily overdoped cuprates can be explained.

Theory of a pair density wave on a quasi-one-dimensional lattice in the Hubbard model

In this study we examine the superconducting instability of a quasi-one-dimensional lattice in the Hubbard model based on the random-phase approximation (RPA) and the fluctuation exchange (FLEX) approximation. We find that a spin-singlet pair density wave (PDW singlet) with a center-of-mass momentum of $2{k}_{F}$ can be stabilized when the one dimensionality becomes prominent toward the perfect nesting of the Fermi surface. The obtained pair is a mixture of even-frequency and odd-frequency singlet ones. The dominant even-frequency component does not have nodal lines on the Fermi surface. This PDW-singlet state is more favorable as compared to RPA when self-energy correction is introduced in the FLEX approximation.

Development of Spin Fluctuations under the Presence of d-wave Bond Order in Cuprate Superconductors

In cuprate superconductors, superconductivity appears below the CDW transition temperature $T_{CDW}$. However, many-body electronic states under the CDW order are still far from understood. Here, we study the development of the spin fluctuations under the presence of $d$-wave bond order (BO) with wavevector $q=(\pi/2,0),(0,\pi/2)$, which is derived from the paramagnon interference mechanism in recent theoretical studies. Based on the $4 \times 1$ and $4 \times 4$ cluster Hubbard models, the feedback effects between spin susceptibility and self-energy are calculated self-consistently by using the fluctuation-exchange (FLEX) approximation. It is found that the $d$-wave BO leads to a sizable suppression of the nuclear magnetic relaxation rate $1/T_1$. In contrast, the reduction in $T_c$ is small, since the static susceptibility $\chi^s(Q_s)$ is affected by the BO just slightly. It is verified that the $d$-wave BO scenario is consistent with the experimental electronic properties below $T_{CDW}$.

Efficient fluctuation-exchange approach to low-temperature spin fluctuations and superconductivity: From the Hubbard model to NaxCoO2·yH2O

Superconductivity arises mostly at energy and temperature scales that are much smaller than the typical bare electronic energies. Since the computational effort of diagrammatic many-body techniques increases with the number of required Matsubara frequencies and thus with the inverse temperature, phase transitions that occur at low temperatures are typically hard to address numerically. In this work, we implement a fluctuation exchange (FLEX) approach to spin fluctuations and superconductivity using the "intermediate representation basis" (IR) [Shinaoka et al., PRB 96, 2017] for Matsubara Green functions. This FLEX+IR approach is numerically very efficient and enables us to reach temperatures on the order of $10^{-4}$ in units of the electronic band width in multi-orbital systems. After benchmarking the method in the doped repulsive Hubbard model on the square lattice, we study the possibility of spin-fluctuation-mediated superconductivity in the hydrated sodium cobalt material Na$_x$CoO$_2\cdot y$H$_2$O reaching the scale of the experimental transition temperature $T_{\mathrm{c}}=4.5$ K and below.

Superconductivity by hidden spin fluctuations in electron-doped iron selenide

Berg, Metlitski and Sachdev, Science 338, 1606 (2012), have shown that the exchange of hidden spin fluctuations by conduction electrons with two orbitals can result in high-temperature superconductivity in copper-oxide materials. We introduce a similar model for high-temperature iron-selenide superconductors that are electron doped. Conduction electrons carry the minimal 3d xz and 3d yz iron-atom orbitals. Low-energy hidden spin fluctuations at the checkerboard wavevector Q_AF result from nested Fermi surfaces at the center and at the corner of the unfolded (one-iron) Brillouin zone. Magnetic frustration from super-exchange interactions via the selenium atoms stabilize hidden spin fluctuations at Q_AF versus true spin fluctuations. At half filling, Eliashberg theory based purely on the exchange of hidden spin fluctuations reveals a Lifshitz transition to electron/hole Fermi surface pockets at the corner of the folded (two-iron) Brillouin zone, but with vanishing spectral weights. The underlying hidden spin-density wave groundstate is therefore a Mott insulator. Upon electron doping, Eliashberg theory finds that the spectral weights of the hole Fermi surface pockets remain vanishingly small, while the spectral weights of the larger electron Fermi surface pockets become appreciable. This prediction is therefore consistent with the observation of electron Fermi surface pockets alone in electron-doped iron selenide by angle-resolved photoemission spectroscopy (ARPES). Eliashberg theory also finds an instability to S+- superconductivity at electron doping, with isotropic Cooper pairs that alternate in sign between the visible electron Fermi surface pockets and the faint hole Fermi surface pockets. Comparison with the isotropic energy gaps observed in electron-doped iron selenide by ARPES and by scanning tunneling microscopy (STM) is consistent with short-range hidden magnetic order.

Material Optimization of Potential High-Tc Superconducting Single-Layer Cuprates

We investigated the material parameters of several single-layer cuprates, including those with fluorinated buffer layers, with the aim of identifying possible high-temperature superconductors. To evaluate the material parameters, we use the Wannierization techniques and the constrained random phase approximation. The obtained single-band Hubbard models are studied using the fluctuation–exchange approximation, and the superconductivity is studied by solving the linearized Eliashberg equation. Comparison among several cuprates reveals unknown high-Tc superconductors. In, Ga, Al, and Cd compounds in particular show the potential to exhibit higher-Tc superconductivity than Hg1201.

Magnetic Compton profiles of Ni beyond the one-particle picture: Numerically exact and perturbative solvers of dynamical mean-field theory

We calculated the magnetic Compton profiles (MCPs) of Ni using density functional theory supplemented by electronic correlations treated within dynamical mean-field theory (DMFT). We present comparisons between the theoretical and experimental MCPs. The theoretical MCPs were calculated using the KKR method with the perturbative spin-polarized T-matrix fluctuation exchange approximation DMFT solver, as well as with the full potential linear augmented planewave method with the numerically exact continuous-time quantum Monte Carlo DMFT solver. We show that the total magnetic moment decreases with the intra-atomic Coulomb repulsion $U$, which is also reflected in the corresponding MCPs. The total magnetic moment obtained in experimental measurements can be reproduced by intermediate values of $U$. The spectral function reveals that the minority X$_2$ Fermi surface pocket shrinks and gets shallower with respect to the density functional theory calculations.

Electronic and fluctuation dynamics following a quench to the superconducting phase

We investigate the dynamics of superconducting fluctuations in the attractive three-dimensional Hubbard model after a quench from the disordered phase to the ordered regime. While the long time evolution is well understood in terms of dissipative time-dependent Ginzburg-Landau models with unstable potentials, early times are more demanding due to the inseparable dynamics of the pairing fluctuations and the electronic quasiparticles. Our simulation using the time-dependent fluctuation exchange approximation treat both degrees of freedom on the same footing and reveal a non-thermal electronic regime causing a non-monotonous growth of the fluctuations. This feature is not directly captured from the Ginzburg-Landau theory, but nevertheless remains observable beyond the thermalization time of the electrons. We further explore how the growth of the order parameter fluctuations leads to an opening of a pseudo-gap in the electronic spectrum, and identify Andreev reflections as the dominant mechanism behind the gap opening.

The nature of short-ranged correlations in nuclear systems

We apply ideas of the parquet-diagram and optimized Fermi-hypernetted chain methods to determine the short-range structure of the pair wave function in neutron matter and compare these with Bethe-Goldstone results and those of low-order variational calculations. It is shown that the induced interaction, describing the exchange of density, spin, and tensor fluctuations, has a profound influence on the short-ranged structure of the pair wave function and, hence, on effective interactions in neutron matter.

Model Construction and a Possibility of Cupratelike Pairing in a New d9 Nickelate Superconductor (Nd,Sr)NiO2

Effective models are constructed for a newly discovered superconductor (Nd,Sr)NiO_{2}, which has been considered as a possible nickelate analog of the cuprates. Estimation of the effective interaction, which turns out to require a multiorbital model that takes account of all the orbitals involved on the Fermi surface, shows that the effective interactions are significantly larger than in the cuprates. A fluctuation exchange study suggests occurrence of d_{x^{2}-y^{2}}-wave superconductivity, where the transition temperature should be lowered from the cuprates due to the larger interaction.