InflatonThe inflaton field is a hypothetical scalar field which is conjectured to have driven cosmic inflation in the very early universe. The field, originally postulated by Alan Guth, provides a mechanism by which a period of rapid expansion from 10−35 to 10−34 seconds after the initial expansion can be generated, forming a universe consistent with observed spatial isotropy and homogeneity.
Cosmological constantIn cosmology, the cosmological constant (usually denoted by the Greek capital letter lambda: Λ), alternatively called Einstein's cosmological constant, is the constant coefficient of a term that Albert Einstein temporarily added to his field equations of general relativity. He later removed it. Much later it was revived and reinterpreted as the energy density of space, or vacuum energy, that arises in quantum mechanics. It is closely associated with the concept of dark energy.
False vacuum decayIn quantum field theory, a false vacuum is a hypothetical vacuum that is relatively stable, but not in the most stable state possible. This condition is known as metastable. It may last for a very long time in that state, but could eventually decay to the more stable state, an event known as false vacuum decay. The most common suggestion of how such a decay might happen in our universe is called bubble nucleation – if a small region of the universe by chance reached a more stable vacuum, this "bubble" (also called "bounce") would spread.
Inflation targetingIn macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public. The assumption is that the best that monetary policy can do to support long-term growth of the economy is to maintain price stability, and price stability is achieved by controlling inflation. The central bank uses interest rates as its main short-term monetary instrument.
Big BangThe Big Bang event is a physical theory that describes how the universe expanded from an initial state of high density and temperature. Various cosmological models of the Big Bang explain the evolution of the observable universe from the earliest known periods through its subsequent large-scale form. These models offer a comprehensive explanation for a broad range of observed phenomena, including the abundance of light elements, the cosmic microwave background (CMB) radiation, and large-scale structure.
Dark energyIn physical cosmology and astronomy, dark energy is an unknown form of energy that affects the universe on the largest scales. The first observational evidence for its existence came from measurements of supernovas, which showed that the universe does not expand at a constant rate; rather, the universe's expansion is accelerating. Understanding the universe's evolution requires knowledge of its starting conditions and composition. Before these observations, scientists thought that all forms of matter and energy in the universe would only cause the expansion to slow down over time.
Wilkinson Microwave Anisotropy ProbeThe Wilkinson Microwave Anisotropy Probe (WMAP), originally known as the Microwave Anisotropy Probe (MAP and Explorer 80), was a NASA spacecraft operating from 2001 to 2010 which measured temperature differences across the sky in the cosmic microwave background (CMB) – the radiant heat remaining from the Big Bang. Headed by Professor Charles L. Bennett of Johns Hopkins University, the mission was developed in a joint partnership between the NASA Goddard Space Flight Center and Princeton University.
Eternal inflationEternal inflation is a hypothetical inflationary universe model, which is itself an outgrowth or extension of the Big Bang theory. According to eternal inflation, the inflationary phase of the universe's expansion lasts forever throughout most of the universe. Because the regions expand exponentially rapidly, most of the volume of the universe at any given time is inflating. Eternal inflation, therefore, produces a hypothetically infinite multiverse, in which only an insignificant fractal volume ends inflation.
Scalar fieldIn mathematics and physics, a scalar field is a function associating a single number to every point in a space – possibly physical space. The scalar may either be a pure mathematical number (dimensionless) or a scalar physical quantity (with units). In a physical context, scalar fields are required to be independent of the choice of reference frame. That is, any two observers using the same units will agree on the value of the scalar field at the same absolute point in space (or spacetime) regardless of their respective points of origin.
Monetary inflationMonetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.Michael F. Bryan, On the Origin and Evolution of the Word "Inflation", clevelandfed.
