Estimating the relationship between local, public and private investment

A discussion of whether public outlays influence private investment, modeling the timing and effectiveness of public infrastructure as a local policy instrument.Infrastructure (Economics) ; Economic development ; Municipal finance

On the thin-string limit of the 6d stringlike defect model

We show that in 6d models localizing gravity on stringlike defects and satisfying the dominant energy condition, the metric exterior to the string inevitably depends on the string's thickness. As a consequence, in the limit of thin string either the gravity delocalizes, or the six-dimensional Planck scale must be much larger that the four-dimensional one.Comment: 3 pages; v2: an alternative interpretation of our results, overlooked in the first version, is adde

Some solutions of linearized 5-d gravity with brane

We consider linearized 5-d gravity in the Randall-Sundrum brane world. The class of static solutions for linearized Einstein equations is found. Also we obtaine wave solutions describing radiation from an imaginary point source located at the Planck distance from the brane. We analyze the fields asymptotic behavior and peculiarities of matter sources.Comment: Latex, 8 page

Generation of spin-motion entanglement in a trapped ion using long-wavelength radiation

Applying a magnetic-field gradient to a trapped ion allows long-wavelength radiation to produce a mechanical force on the ion's motion when internal transitions are driven. We demonstrate such a coupling using a single trapped Yb+171 ion and use it to produce entanglement between the spin and motional state, an essential step toward using such a field gradient to implement multiqubit operations

Is Income Inequality Endogenous in Regional Growth?

This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. The study tests three hypotheses: (1) income inequality has an inverse relationship with growth; (2) regional growth adjustments are the channels through which the inequality and growth are equilibrated; and (3) income inequality is endogenous to regional growth and its adjustment. Results, based on a system of equations estimation, confirm the hypotheses that income inequality has a growth dampening effect; income inequality is endogenous to regional growth and growth adjustment; and the channels through which income inequality determines growth are regional growth adjustments, such as migration and regional adjustment in job and income growth. Results have numerous policy implications: (1) to the extent that income inequality is endogenous, its equilibrium level can be internally determined within a regional growth process; (2) to the extent that traditional income inequality mitigating policies have indirect effect on overall regional growth, they may have unintended indirect effects on income inequality; and (3) to the extent that regional growth adjustment also equilibrates income inequality, such forces can be utilized as policy instruments to mitigate income inequality, and its growth dampening effects hence forth.Income inequality, economic growth, Gini coefficient, growth modeling, population change, per capita income, Community/Rural/Urban Development, Public Economics, I32, J15, O18, P25, R11, R23, R25, R51, R53, R58,

Foreword--Comparative Corporate Law & Governance

Despite the challenges posed by Covid-19, especially for the student editors of the Journal, this special issue has been published on time and has been superbly edited. On behalf of the authors, NUS Law, and the Law & Business Program of Vanderbilt Law School, we would like to express our sincere appreciation to the editor in chief, Joshua D. Minchin, and the entire editorial team of the Vanderbilt Journal of Transnational Law for their remarkable skill, effort, and dedication in these challenging times. Your performance gives us great hope that the future is extremely bright