Racial Profiling and the War on Terror: Changing Trends and Perspectives

Minorities in the United States have often been treated unfairly by law enforcement agencies. Prior to the September 11, 2001, terrorist attack on the United States, Blacks were the main victims of racial profiling. Since the terrorist attack, however, Arabs and Muslims are becoming the primary targets for profiling by law enforcement agencies. There are some remarkable similarities between the profiling of Blacks and the profiling of Arabs and Muslims. In both cases, the fundamental problems with racial profiling are that it violates the civil liberties of innocent people and denies minorities the equal protection of the law. The War on Terror has redefined racial profiling. It has not only led to a shift in the target population, but it has also changed the ways in which racial profiling is conducted

The impact of leverage reduction on the equity risk level of the firm : an exploratory study of French firms

Although it is admitted that financing decisions affect the equity risk of the firm, few studies have been dedicated to the analysis of the relationship between risk and leverage. In fact, to our knowledge, no study has addressed the question of whether leverage reduction has an effect on equity risk. This exploratory paper addresses this issue using data on French firms. The results of the study show that leverage reduction significantly reduces equity risk. However, an indirect test of the relative importance of this effect indicates that the reduction may not lead to shifts in risk classes. In other words, asset risk is the more important risk factor.leverage reduction; equity risk; beta; risk class

Structure of Anomalies of 4d SCFTs from M5-branes, and Anomaly Inflow

We study the 't Hooft anomalies of four-dimensional superconformal field theories that arise from M5-branes wrapped on a punctured Riemann surface. In general there are two independent contributions to the anomalies. There is a bulk term obtained by integrating the anomaly polynomial of the world-volume theory on the M5-branes over the Riemann surface; this contribution knows about the punctures only through its dependence on the Euler characteristic of the surface. The second set of contributions comes from local data at the punctures; these terms are independent from the bulk data of the surface. Using anomaly inflow in M-theory, we describe the general structure of the anomalies for cases when the four-dimensional theories preserve N=2 supersymmetry. We additionally discuss the anomalies corresponding to (p,q) punctures in N=1 theories.Comment: version 2, 38 pages. We simplified the discussion of the inflow procedure with punctures and removed the details of the explicit computation of the puncture anomalies in order to focus on arguing the main new ideas. Added clarification on main resul

Structural Transformation in Developed and Developing Countries

Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries all followed the same process. In this paper, I compare structural transformation processes in developed and developing countries. I nd that developing countries follow distinct structural transformation paths that deviate from that followed by developed countries. A puzzling nding is the presence of substantial sectoral changes during times of economic stagnation or decline. --Africa,Asia,Latin America,Structural Transformation,Economic Development,Structural Change

Linear Quivers and N=1 SCFTs from M5-branes

We study a class of N=1 quiver gauge theories build out of vector multiplets and matter multiplets in the fundamental and bifundamental representations. We argue that these theories flow to interacting SCFTs in the IR and calculate their central charges. We exhibit a type IIA brane construction which at low energies is described by these SCFTs. This also leads to a natural description of the theories in terms of M5-branes on a punctured sphere.Comment: 21 pages, 5 figure

BPS M5-branes as Defects for the 3d-3d Correspondence

We study supersymmetric probe M5-branes in the AdS_4 solution that arises from M5-branes wrapped on a hyperbolic 3-manifold M_3. This amounts to introducing internal defects within the framework of the 3d-3d correspondence. The BPS condition for a probe M5-brane extending along all of AdS_4 requires it to wrap a surface embedded in an S^2-fibration over M_3. We find that the projection of this surface to M_3 can be either a geodesic or a tubular surface around a geodesic. These configurations preserve an extra U(1) symmetry, in addition to the one corresponding to the R-symmetry of the dual 3d N=2 gauge theory. BPS M2-branes can stretch between M5-branes wrapping geodesics. We interpret the addition of probe M5-branes on a closed geodesic in terms of conformal Dehn surgery.Comment: 26 pages, 16 figure