Multiwavelength observations of Mkn 501 during the 1997 high state

During the observation period 1997, the nearby Blazar Mkn 501 showed extremely strong emission and high variability. We examine multiwavelength aspects of this event using radio, optical, soft and hard X-ray and TeV data. We concentrate on the medium-timescale variability of the broadband spectra, averaged over weekly intervals. We confirm the previously found correlation between soft and hard X-ray emission and the emission at TeV energies, while the source shows only minor variability at radio and optical wavelengths. The non-linear correlation between hard X-ray and TeV fluxes is consistent with a simple analytic estimate based on an SSC model in which Klein-Nishina effects are important for the highest-energy electrons in the jet, and flux variations are caused by variations of the electron density and/or the spectral index of the electron injection spectrum. The time-averaged spectra are fitted with a Synchrotron Self-Compton (SSC) dominated leptonic jet model, using the full Klein-Nishina cross section and following the self-consistent evolution of relativistic particles along the jet, accounting for gamma-gamma absorption and pair production within the source as well as due to the intergalactic infrared background radiation. The contribution from external inverse-Compton scattering is tightly constrained by the low maximum EGRET flux and found to be negligible at TeV energies. We find that high levels of the X-ray and TeV fluxes can be explained by a hardening of the energy spectra of electrons injected at the base of the jet, in remarkable contrast to the trend found for gamma-ray flares of the flat-spectrum radio quasar PKS 0528+134.