Return migration: theory and empirical evidence

In this paper we discuss forms of migration that are non-permanent. We focus on temporary migrations where the decision to return is taken by the immigrant. These migrations are likely to be frequent, and we provide some evidence for the UK. We then develop a simple model which rationalizes the decision of a migrant to return to his home country, despite a persistently higher wage in the host country. We consider three motives for a temporary migration: Differences in relative prices in host- and home country, complementarities between consumption and the location where consumption takes place, and the possibility of accumulating human capital abroad which enhances the immigrant's earnings potential back home. For the last return motive, we discuss extensions which allow for immigrant heterogeneity, and develop implications for selective in- and out- migration

Social Rewards, Externalities and Stable preferences

public choice;externalities;preferences

Integrated restructurable flight control system demonstration results

The purpose of this study was to examine the complementary capabilities of several restructurable flight control system (RFCS) concepts through the integration of these technologies into a complete system. Performance issues were addressed through a re-examination of RFCS functional requirements, and through a qualitative analysis of the design issues that, if properly addressed during integration, will lead to the highest possible degree of fault-tolerant performance. Software developed under previous phases of this contract and under NAS1-18004 was modified and integrated into a complete RFCS subroutine for NASA's B-737 simulation. The integration of these modules involved the development of methods for dealing with the mismatch between the outputs of the failure detection module and the input requirements of the automatic control system redesign module. The performance of this demonstration system was examined through extensive simulation trials

The role of stereotactic radiosurgery in the multimodal management of growth hormone–secreting pituitary adenomas

Growth hormone (GH)–secreting pituitary adenomas represent a common source of GH excess in patients with acromegaly. Whereas surgical extirpation of the culprit lesion is considered first-line treatment, as many as 19% of patients develop recurrent symptoms due to regrowth of previously resected adenomatous tissue or to continued growth of the surgically inaccessible tumor. Although medical therapies that suppress GH production can be effective in the management of primary and recurrent acromegaly, these therapies are not curative, and lifelong treatment is required for hormonal control. Stereotactic radiosurgery has emerged as an effective adjunctive treatment modality, and is an appealing alternative to conventional fractionated radiation therapy. The authors reviewed the growing body of literature concerning the role of radiosurgical procedures in the treatment armamentarium of acromegaly, and identified more than 1350 patients across 45 case series. In this review, the authors report that radiosurgery offers true hormonal normalization in 17% to 82% of patients and tumor growth control in 37% to 100% of cases across all series, while minimizing adverse complications. As a result, stereotactic radiosurgery represents a safe and effective treatment option in the multimodal management of primary or recurrent acromegaly secondary to GH-secreting pituitary adenomas

Scaling and data collapse for the mean exit time of asset prices

We study theoretical and empirical aspects of the mean exit time of financial time series. The theoretical modeling is done within the framework of continuous time random walk. We empirically verify that the mean exit time follows a quadratic scaling law and it has associated a pre-factor which is specific to the analyzed stock. We perform a series of statistical tests to determine which kind of correlation are responsible for this specificity. The main contribution is associated with the autocorrelation property of stock returns. We introduce and solve analytically both a two-state and a three-state Markov chain models. The analytical results obtained with the two-state Markov chain model allows us to obtain a data collapse of the 20 measured MET profiles in a single master curve.Comment: REVTeX 4, 11 pages, 8 figures, 1 table, submitted for publicatio

Friedel oscillations in disordered quantum wires: Influence of e-e interactions on the localization length

The Friedel oscillations caused due to an impurity located at one edge of a disordered interacting quantum wire are calculated numerically. The electron density in the system's ground state is determined using the DMRG method, and the Friedel oscillations data is extracted using the density difference between the case in which the wire is coupled to an impurity and the case where the impurity is uncoupled. We show that the power law decay of the oscillations occurring for an interacting clean 1D samples described by Luttinger liquid theory, is multiplied by an exponential decay term due to the disorder. Scaling of the average Friedel oscillations by this exponential term collapses the disordered samples data on the clean results. We show that the length scale governing the exponential decay may be associated with the Anderson localization length and thus be used as a convenient way to determine the dependence of the localization length on disorder and interactions. The localization length decreases as a function of the interaction strength, in accordance with previous predictions.Comment: 7 pages, 7 figure