On the evidence for a common-spectrum process in the search for the nanohertz gravitational-wave background with the Parkes Pulsar Timing Array
Boris Goncharov, R. M. Shannon, D. J. Reardon, G. Hobbs, A. Zic, M., Bailes, M. Curylo, S. Dai, M. Kerr, M. E. Lower, R. N. Manchester, R. Mandow,, H. Middleton, M. T. Miles, A. Parthasarathy, E. Thrane, N. Thyagarajan, X., Xue, X. J. Zhu, A. D. Cameron, Y. Feng, R. Luo

TL;DR
This paper investigates the evidence for a common-spectrum process in pulsar timing data as a potential sign of nanohertz gravitational waves, comparing Parkes and NANOGrav data, and discusses implications for future detection efforts.
Contribution
It provides the first analysis of the Parkes Pulsar Timing Array data for a common-spectrum process and explores the impact of model assumptions on the interpretation of signals.
Findings
Strong support for a common-spectrum process in Parkes data.
No significant evidence for the Hellings-Downs spatial correlation.
Estimated amplitude of the uncorrelated process is approximately 2.2 x 10^{-15}.
Abstract
A nanohertz-frequency stochastic gravitational-wave background can potentially be detected through the precise timing of an array of millisecond pulsars. This background produces low-frequency noise in the pulse arrival times that would have a characteristic spectrum common to all pulsars and a well-defined spatial correlation. Recently the North American Nanohertz Observatory for Gravitational Waves collaboration (NANOGrav) found evidence for the common-spectrum component in their 12.5-year data set. Here we report on a search for the background using the second data release of the Parkes Pulsar Timing Array. If we are forced to choose between the two NANOGrav models one with a common-spectrum process and one without we find strong support for the common-spectrum process. However, in this paper, we consider the possibility that the analysis suffers…
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