Collision of a sphere onto a wall coated with a liquid film

Particle-particle and particle-wall collisions occur in many natural and industrial applications such as sedimentation, agglomeration, and granular flows. To accurately predict the behavior of particulate flows, fundamental knowledge of the mechanisms of a single collision is required. In this fluid dynamics video, particle-wall collisions onto a wall coated with 1.5% poly(ethylene-oxide) (PEO) (viscoelastic liquid) and 80% Glycerol and water (Newtonian liquid) are shown.Comment: 1 page, no figure

Village economies and the structure of extended family networks

This paper documents how the structure of extended family networks in rural Mexico relates to the poverty and inequality of the village of residence. Using the Hispanic naming convention, we construct within-village extended family networks in 504 poor rural villages. Family networks are larger (both in the number of members and as a share of the village population) and out-migration is lower the poorer and the less unequal the village of residence. Our results are consistent with the extended family being a source of informal insurance to its members

Family networks and school enrolment: evidence from a randomized social experiment

We present evidence on whether and how a household’s behavior is influenced by the presence and characteristics of its extended family. Using data from the PROGRESA program in Mexico, we exploit information on the paternal and maternal surnames of heads and spouses in conjunction with the Spanish naming convention to identify the inter and intra generational family links of each household to others in the same village. We then exploit the randomized research design of the PROGRESA evaluation data to identify whether the treatment effects of PROGRESA transfers on secondary school enrolment vary according to the characteristics of extended family. We find PROGRESA only raises secondary enrolment among households that are embedded in a family network. Eligible but isolated households do not respond. The mechanism through which the extended family influences household schooling choices is the redistribution of resources within the family network from eligibles that receive de facto unconditional cash transfers from PROGRESA, towards eligibles on the margin of enrolling children into secondary school

Bottom production in Photon and Pomeron -- induced interactions at the LHC

In this paper we present a detailed comparison of the bottom production in gluon -- gluon, photon -- gluon, photon -- photon, pomeron -- gluon, pomeron -- pomeron and pomeron -- photon interactions at the LHC. The transverse momentum, pseudo -- rapidity and $\xi$ dependencies of the cross sections are calculated at LHC energy using the Forward Physics Monte Carlo (FPMC), which allows to obtain realistic predictions for the bottom production with one or two leading intact protons. Moreover, predictions for the the kinematical range probed by the LHCb Collaboration are also presented. Our results indicate that the analysis of the single diffractive events is feasible using the Run I LHCb data.Comment: 8 pages, 3 figures, 1 table. Version published in Physical Review

The use of derivatives in the Spanish mutual fund industry

We study the use of derivatives in the Spanish mutual fund industry. The picture that emerges from our analysis is rather negative. In general, the use of derivatives does not improve the performance of the funds. In only one out of eight categories we find some (very weak and not robust) evidence of superior performance. In most of the cases users significantly underperform non users. Furthermore, users do not seem to exhibit superior timing or selectivity skills either, but rather the contrary. This bad performance is only partially explained by the larger fees funds using derivatives charge. Moreover, we do not find evidence of derivatives being used for hedging purposes. We do find evidence of derivatives being used for speculation. But users in only one category exhibit skills as speculators. Finally, we find evidence of derivatives being used to manage the funds’ cash inflows and outflows more efficiently.Mutual Funds, Derivative use, Risk Management