Massive black hole binary systems and the NANOGrav 12.5 year results
Hannah Middleton, Alberto Sesana, Siyuan Chen, Alberto Vecchio, Walter, Del Pozzo, Pablo A. Rosado

TL;DR
This paper explores whether the recent NANOGrav gravitational wave signal could originate from a background produced by unresolved massive black hole binaries, constraining their merger rates and timescales.
Contribution
It demonstrates that the NANOGrav signal is consistent with a stochastic background from MBHBs and constrains their merger rate and evolution based on observational data.
Findings
The NANOGrav signal aligns with a stochastic background from MBHBs.
Merger rate constrained to 10^{-5} - 5×10^{-4} Mpc^{-3} Gyr^{-1}.
MBHBs likely merge within 3 Gyr.
Abstract
The North American Nanohertz Observatory for Gravitational Waves (NANOGrav) has recently reported evidence for the presence of a common stochastic signal across their array of pulsars. The origin of this signal is still unclear. One of the possibilities is that it is due to a stochastic gravitational wave background (SGWB) in the frequency region. Taking the NANOGrav observational result at face value, we show that this signal would be fully consistent with a SGWB produced by an unresolved population of in-spiralling massive black hole binaries (MBHBs) predicted by current theoretical models. Considering an astrophysically agnostic model we find that the MBHB merger rate is loosely constrained to the range . Including additional constraints from galaxy pairing fractions and MBH-bulge scaling relations, we find…
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