Kinematics and M(sub v) calibration of K and M dwarf stars using Hipparcos data
The luminosities and kinematics of lower main sequence stars in a spectroscopically selected sample covering spectral types K 3 to M 5 are determined using Hipparcos parallaxes and proper motions. The stars separate into two kinematically distinct components, called young disk and old disk components. The young component has velocity dispersion (30, 17, 12) km/s in the U, V and W directions, respectively, and features an asymmetric drift of 8 km/s, a vertex deviation of 10 +/- 3 deg and an absolute magnitude of 10.48 mag at color (R - I)(sub Kron) = 1.0 mag. The respective features of the old component are: (56, 34, 31) km/s, 28 km/s and 0.6 mag at the same color. The slope and intrinsic width of the magnitude calibration of each component are determined. The analysis is used to investigate the possible presence of residual systematic discrepancies of the model with Hipparcos data. There are indications of a possible underestimation of the parallax errors.