Embedding Starobinsky inflation in string compactifications

A period of accelerated expansion of the primordial universe, known as inflation, represents the standard paradigm for the early universe cosmology. While inflation agrees with observational constraints, a complete understanding of its physical origin is not available yet. This suggests the necessity of an embedding into a more fundamental theory. String theory is arguably the best-developed candidate for an ultra-violet (UV) complete theory of gravity and string compactifications could provide a natural framework for addressing this issue. The aim of this thesis work is to investigate the potential embedding of Starobinsky inflation in effective field theories arising in string compactifications. In particular, we focus on two main objectives. The first one is the evaluation of Yukawa-like couplings in f (R)-theories of gravity with fermions, more specifically in the context of Starobinsky inflation. The second goal is understanding if any of the moduli which naturally arise in string compactifications has the right form of this coupling and displays the correct scalar potential, as needed for a possible identification with the scalar field driving Starobinsky inflation.

Moduli stabilisation and soft supersymmetry breaking in string compactifications

In this thesis, we shall work in the framework of type IIB Calabi-Yau flux compactifications and present a detailed review of moduli stabilisation studying in particular the phenomenological implications of the LARGE-volume scenario (LVS). All the physical relevant quantities such as moduli masses and soft-terms, are computed and compared to the phenomenological constraints that today guide the research. The structure of this thesis is the following. The first chapter introduces the reader to the fundamental concepts that are essentially supersymmetry-breaking, supergravity and string moduli, which represent the basic framework of our discussion. In the second chapter we focus our attention on the subject of moduli stabilisation. Starting from the structure of the supergravity scalar potential, we point out the main features of moduli dynamics, we analyse the KKLT and LARGE-volume scenario and we compute moduli masses and couplings to photons which play an important role in the early-universe evolution since they are strictly related to the decay rate of moduli particles. The third chapter is then dedicated to the calculation of soft-terms, which arise dynamically from gravitational interactions when moduli acquire a non-zero vacuum expectation value (VeV). In the last chapter, finally, we summarize and discuss our results, underling their phenomenological aspects. Moreover, in the last section we analyse the implications of the outcomes for standard cosmology, with particular interest in the cosmological moduli problem.

String inflationary models with non-monotonic slow-roll and detectable tensor modes

The first chapter of this work has the aim to provide a brief overview of the history of our Universe, in the context of string theory and considering inflation as its possible application to cosmological problems. We then discuss type IIB string compactifications, introducing the study of the inflaton, a scalar field candidated to describe the inflation theory. The Large Volume Scenario (LVS) is studied in the second chapter paying particular attention to the stabilisation of the Kähler moduli which are four-dimensional gravitationally coupled scalar fields which parameterise the size of the extra dimensions. Moduli stabilisation is the process through which these particles acquire a mass and can become promising inflaton candidates. The third chapter is devoted to the study of Fibre Inflation which is an interesting inflationary model derived within the context of LVS compactifications. The fourth chapter tries to extend the zone of slow-roll of the scalar potential by taking larger values of the field φ. Everything is done with the purpose of studying in detail deviations of the cosmological observables, which can better reproduce current experimental data. Finally, we present a slight modification of Fibre Inflation based on a different compactification manifold. This new model produces larger tensor modes with a spectral index in good agreement with the date released in February 2015 by the Planck satellite.

Towards a UV completion of chameleons in string theory

Chameleons are scalar fields that couple directly to ordinary matter with gravitational strength, but which nevertheless evade the stringent constraints on tests of gravity because of properties they acquire in the presence of high ambient matter density. Chameleon theories were originally constructed in a bottom-up, phenomenological fashion, with potentials and matter couplings designed to hide the scalar from experiments. In this paper, we attempt to embed the chameleon scenario within string compactifications, thus UV completing the scenario. We look for stabilized potentials that can realize a screening mechanism, and we find that the volume modulus rather generically works as a chameleon, and in fact the supersymmetric potential used by Kachru, Kallosh, Linde and Trivedi (KKLT) is an example of this type. We consider all constraints from tests of gravity, allowing us to put experimental constraints on the KKLT parameters.

Thermal inflation and the cosmological moduli problem

Ho studiato la possibilità di soluzione per il problema cosmologico dei moduli (CMP) presente a causa della compattificazione delle dimensioni extra tramite un periodo di inflazione a basse energie (Thermal Inflation). L'elaborato consta di cinque capitoli. Il primo introduce il lettore alla problematica dei moduli partendo dalla teoria Kaluza-Klein. Il secondo riguarda interamente il CMP e altri problemi cosmologici associati ai moduli. Nel terzo viene descritta la thermal inflation e le condizioni di funzionamento. Nel quarto capitolo viene preso in esame il problema di stabilizzazione dei moduli nella teoria di stringa tipo IIB: vengono descritti sia il meccanismo KKTL che il LVS. L'ultimo capitolo consiste nel calcolo della diluizione dei moduli, enunciata prima in un contesto generale e infine applicata al LVS, tramite la thermal inflation. Viene altresì presa in esame la possibilità di due epoche di thermal inflation, al fine di ottenere una diluizione più efficiente dei moduli. In LVS sono presenti due moduli, differenti per massa e vita media. Il più leggero è soggetto al CMP e si trova che, anche dopo due periodi di thermal inflation vi è ancora un numero eccessivo di tali campi, in quanto se da un lato la thermal inflation ne diliusca la densità iniziale, dall'altro ne causa una forte riproduzione, dovuta essenzialmente alle caratteristiche del modulo

Chameleonic inflation

We attempt to incorporate inflation into a string theory realization of the chameleon mechanism. Previously, it was found that the volume modulus, stabilized by the supersymmetric potential used by Kachru, Kallosh, Linde and Trivedi (KKLT) and with the right choice of parameters, can generically work as a chameleon. In this paper, we ask whether inflation can be realized in the same model. We find that we need a large extra dimensions set-up, as well as a semi-phenomenological deformation of the Kähler potential in the quantum region. We also find that an additional KKLT term is required so that there are now two pieces to the potential, one which drives inflation in the early universe, and one which is responsible for chameleon screening at late times. These two pieces of the potential are separated by a large flat desert in field space. The scalar field must dynamically traverse this desert between the end of inflation and today, and we find that this can indeed occur under the right conditions. © 2013 SISSA, Trieste, Italy.

Inflation targeting and macroeconomic stability in a Post Keynesian economy

This paper examines the compatibility of inflation targeting with an economy that is Post Keynesian in character. We show that in a Post Keynesian environment, policymakers can both set and achieve an inflation target without adverse consequences for the real economy, as long as an appropriate policy mix is chosen. The latitude that policymakers have in making this choice is investigated. One of our key results is that orthodox policy regimes do not provide appropriate policy mixes. Indeed, the more orthodox the policy regime becomes, the less viable is inflation targeting in a Post Keynesian economy.

Inflation Targeting Matters: Evidence from OECD Economies` Sacrifice Ratios

Using data from OECD economies, we show that inflation targeters suffered smaller output losses during disinflations when compared to nontargeters. We also study why some countries choose to inflation target while others do not and find that higher average inflation and smaller debt levels render the adoption of the regime more likely. Applying Heckman`s procedure to control for selection bias does not alter the link between inflation targeting and less costly disinflations.

Who chooses to inflation target?

In this article, we seek what are the factors behind a country`s decision to move to Inflation Targeting. We find that high past inflation, low debt levels and the absence of a nominal exchange rate anchor increase the probability that a country will end up opting for it. (C) 2007 Elsevier B.V. All rights reserved.

Inflation targeting in emerging economies: What do the data say?

In a recent thought-provoking paper, Ball and Sheridan [Ball, L., Sheridan, N., 2005. Does inflation targeting matter? In: Bernanke, B.S., Woodford, M. (Eds.), The Inflation-Targeting Debate, University of Chicago Press] show that the available evidence for a group of developed economies does not lend credence to the belief that adopting an inflation targeting regime (IT) was instrumental in bringing inflation and inflation volatility down. Here, we extend Ball and Sheridan`s analysis for a subset of 36 emerging market economies and find that, for them, the story is quite different. Compared to non-targeters, developing countries adopting the IT regime not only experienced greater drops in inflation, but also in growth volatility, thus corroborating the view that the regime`s ""constrained flexibility"" to deal with adverse shocks delivered concrete welfare gains. (c) 2006 Elsevier B.V. All rights reserved.

Political conditions for successful inflation stabilization: comparing Brazil and Argentina

This study tries to understand how Brazil and Argentina, two countries with chronically high inflation, achieved permanent stabilization by looking at political factors necessary for stabilization. It suggests that, although state autonomy or political unity may contribute to successful price stabilization, reconciling the interests of different stakeholders and thereby building a broad political support base is more essential for stabilization to succeed. Political skills of the leaders and compensatory policies may help raise such support and they are more crucial where other political conditions are less favorable. Also, rapid improvement in the economy is important for sustained political support, and thus, for successful stabilization.

Inflation forecasts using the tips yield curve

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics

Nominal and inflation-linked government bonds: An assessment of arbitrage opportunities in UK Gilt Market

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics