9,190 research outputs found

    Welfare Participation by Immigrants in the UK

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    Welfare participation is an important indicator of how successfully immigrants perform in the host country. This paper examines this issue for the UK, which has experienced a large growth in its immigrant flows and population levels in recent years, especially following EU enlargement in 2004. The analysis focuses in particular on the types of benefits that immigrants tend to claim as well as examining differences by area of origin. It also examines the factors that determine social benefit claims, including an investigation of the impact of education ethnicity and years since migration. Social welfare claims vary considerably by immigrant group as well as by the type of benefit claimed in the UK. There is also some variation by gender within the migrant groups

    Welfare Participation by Immigrants in the UK

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    Welfare participation is an important indicator of how successfully immigrants perform in the host country. This paper examines this issue for the UK, which has experienced a large growth in its immigrant flows and population levels in recent years, especially following EU enlargement in 2004. The analysis focuses in particular on the types of benefits that immigrants tend to claim as well as examining differences by area of origin. It also examines the factors that determine social benefit claims, including an investigation of the impact of education, ethnicity and years since migration. Social welfare claims vary considerably by immigrant group as well as by the type of benefit claimed in the UK. There is also some variation by gender within the migrant groups.immigration, United Kingdom, benefit claims, EU enlargement

    Dynamic Agent Compression

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    We introduce a new method for processing agents in agent-based models that significantly improves the efficiency of certain models. Dynamic Agent Compression allows agents to shift in and out of a compressed state based on their changing levels of heterogeneity. Sets of homogeneous agents are stored in compact bins, making the model more efficient in its use of memory and computational cycles. Modelers can use this increased efficiency to speed up the execution times, to conserve memory, or to scale up the complexity or number of agents in their simulations. We describe in detail an implementation of Dynamic Agent Compression that is lossless, i.e., no model detail is discarded during the compression process. We also contrast lossless compression to lossy compression, which promises greater efficiency gains yet may introduce artifacts in model behavior. The advantages outweigh the overhead of Dynamic Agent Compression in models where agents are unevenly heterogeneous — where a set of highly heterogeneous agents are intermixed with numerous other agents that fall into broad internally homogeneous categories. Dynamic Agent Compression is not appropriate in models with few, exclusively complex, agents.Agent-Based Modeling, Scaling, Homogeneity, Compression

    The SCUBA Local Universe Galaxy Survey Optically-Selected Sample

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    We discuss the progress of the SCUBA Local Universe Galaxy Survey (SLUGS), the first large, statistical sub-mm survey of the local universe. Since our original survey of a sample of 104 IRAS-selected galaxies we have recently completed a sample of 78 Optically-Selected galaxies. Since SCUBA is sensitive to the large proportion of dust too cold to be detected by IRAS the addition of this optically-selected sample allows us for the first time to determine the amount of cold dust in galaxies of different Hubble types. We detect 6 ellipticals in the sample and find them to have dust masses in excess of 10^7 solar masses. We derive local sub-mm luminosity functions, both directly for the two samples, and by extrapolation from the IRAS PSCz, and find excellent agreement.Comment: 2 pages, 2 figures. In the proceedings of the conference: "Penetrating Bars through Masks of Cosmic Dust: The Hubble Tuning Fork Strikes a New Note", South Africa, June 2004 (Kluwer

    The SCUBA Local Universe Galaxy Survey: Results from the Optically-Selected Sample

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    We present new results from the SCUBA Local Universe Galaxy Survey, the first large statistical submillimetre survey of the local Universe. Following our initial survey of a sample of 104 IRAS-selected galaxies we now present the results of a sample of 80 Optically-selected galaxies. Since SCUBA is sensitive to the large proportion of dust too cold to be detected by IRAS the addition of this Optically-selected sample allows us for the first time to determine the amount of cold dust in galaxies of different Hubble types. We detect 6 ellipticals in the sample and find them to have dust masses in excess of 10^7 solar masses. We derive local submillimetre Luminosity Functions and Dust Mass functions, both directly for the Optically-Selected SLUGS sample and by extrapolation from the IRAS PSCz survey, and find them to be well-fitted by Schechter functions. We find excellent agreement between the two LFs and DMFs and show that, whereas the slope of the IRAS-selected LF at lower luminosities was steeper than -2 (a submm "Olbers' Paradox"), as expected the PSCz-extrapolated LF flattens out at the low luminosity end.Comment: 2 pages, 4 figures. To be published in proceedings of the conference: "The Dusty and Molecular Universe - A Prelude to HERSCHEL and ALMA", Paris, October 2004 (ESA Publications

    Credit Constraints and Productivity in Peruvian Agriculture

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    This paper evaluates the performance of a rural credit market in Peru. We develop a model that shows that collateral requirements imposed by lenders in response to asymmetric information can lead not just to quantity rationing but also to transaction cost rationing and risk rationing. Just like quantity rationing, these two additional forms of non-price rationing adversely affect farm resource allocation and productivity. We test the insights of the model using a panel data set from Northern Peru. We estimate the returns to productive endowments for constrained and unconstrained households using a switching regression model. We find that, consistent with the theory, productivity is independent of endowments for unconstrained households but is tightly linked to endowments for constrained households. We estimate that credit constraints lower the value of agricultural output in the study region by 26%.Financial Economics, International Development,

    How Far Does Economic Theory Explain Competitive Nonlinear Pricing in Practice?

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    Liberalisation of the British electricity market, in which previously monopolised regional markets were exposed to large-scale entry, is used to test the propositions of several recent theoretical papers on oligopolistic nonlinear pricing. Consistent with those theories, each oligopolist offered a single two-part electricity tariff, and a lump sum discount to consumers who purchased both electricity and gas. However, inconsistent with those theories, firms’ two-part tariffs are heterogeneous in ways that cannot be attributed to cost. We establish a series of stylised facts about the nature of these asymmetries between firms and use them to confront established theory

    RISK, WEALTH AND SECTORAL CHOICE IN RURAL CREDIT MARKETS

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    We develop a model of sorting and matching between borrowers and lenders across formal and informal credit markets in a developing country context. We highlight the role of risk both on credit access and sectoral choice. We examine how activity and sectoral choice vary across agents with heterogeneous wealth endowments.International Development,

    Direct Elicitation of Credit Constraints: Conceptual and Practical Issues with an Empirical Application to Peruvian Agriculture

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    This paper provides a methodological bridge leading from the well-developed theory of credit rationing to the less developed territory of empirically identifying credit constraints. We begin by developing a simple model showing that credit constraints may take three forms: quantity rationing, transaction cost rationing, and risk rationing. Each form of non-price rationing adversely affects household resource allocation and thus should be accounted for in empirical analyses of credit market performance. We then outline a survey strategy to directly classify households as credit unconstrained or constrained and, if constrained, to further identify which of the three non-price rationing mechanisms is at play. We discuss several practical issues that arise due to the use of a combination of “factual” and “interpretative” survey questions. Finally, using a data set from northern Peru, we demonstrate the importance of accounting for all three forms of credit constraints by estimating the increase in farm production that would result from relaxing credit constraints. The inclusion of transaction- and risk-rationed households in the constrained group results in an estimated impact that is twice as large as the impact when only quantity rationed households are considered constrained.Financial Economics,
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