37,765 research outputs found
Modelling take-up of Family Credit and Working Families' Tax Credit
Many people in the UK do not claim benefits to which they seem to be entitled. Amongst those of working-age, take-up rates for Family Credit ֠an in-work benefit available to those with children and working at least 16 hours a week ֠were the lowest of the main three means-tested benefits.
In 1999, the UK Government replaced Family Credit with Working Families' Tax Credit, which was more generous, and delivered in a different way from FC. As a prelude to further work (now published as an update to this in the final report), we have analysed the decision to take up FC, and how take-up changed during the initial 6 month phase-in period of WFTC.
Although there are differences in how well each records receipt of FC, we find reassuring similarities in comparable econometric models of take-up estimated on three different micro-data-sets. Entitlement, earnings, non-labour income, and education attainment are the most important determinants of FC take-up.
We investigated FC take-up in greater detail using only the Family Resources Survey. Social renters are more likely to claim FC than owner occupiers or those in the private rental market, and we find that housing benefit recipients seem to under-value the potential fall in HB when considering whether to claim FC. We find that the Family Credit childcare disregard had little impact on the likelihood of take-up.
Take-up of WFTC, conditional on entitlement, fell immediately after its introduction, compared to FC, but the majority of the effect is explained by the relatively low take-up rates of those families who were not previously entitled to FC. This is unsurprising, as we would not expect this group to have claimed WFTC on the first day of its existence. Work currently in progress is examining how take-up of WFTC, and the factors associated with take-up, changed between April 2000 and March 2003
The case for a cold dark matter cusp in Draco
We use a new mass modelling method, GravSphere, to measure the central dark
matter density profile of the Draco dwarf spheroidal galaxy. Draco's star
formation shut down long ago, making it a prime candidate for hosting a
'pristine' dark matter cusp, unaffected by stellar feedback during galaxy
formation. We first test GravSphere on a suite of tidally stripped mock
'Draco'-like dwarfs. We show that we are able to correctly infer the dark
matter density profile of both cusped and cored mocks within our 95% confidence
intervals. While we obtain only a weak inference on the logarithmic slope of
these density profiles, we are able to obtain a robust inference of the
amplitude of the inner dark matter density at 150pc, . We show that, combined with constraints on the density profile at larger
radii, this is sufficient to distinguish a Cold Dark Matter
(CDM) cusp that has from alternative dark matter models
that have lower inner densities. We then apply GravSphere to the real Draco
data. We find that Draco has an inner dark matter density of , consistent with a CDM cusp. Using a velocity independent
SIDM model, calibrated on SIDM cosmological simulations, we show that
Draco's high central density gives an upper bound on the SIDM cross section of
at 99% confidence. We conclude that
the inner density of nearby dwarf galaxies like Draco provides a new and
competitive probe of dark matter models.Comment: 19 pages, 11 Figures. Final version accepted for publication in MNRA
Dark matter heats up in dwarf galaxies
Gravitational potential fluctuations driven by bursty star formation can
kinematically 'heat up' dark matter at the centres of dwarf galaxies. A key
prediction of such models is that, at a fixed dark matter halo mass, dwarfs
with a higher stellar mass will have a lower central dark matter density. We
use stellar kinematics and HI gas rotation curves to infer the inner dark
matter densities of eight dwarf spheroidal and eight dwarf irregular galaxies
with a wide range of star formation histories. For all galaxies, we estimate
the dark matter density at a common radius of 150pc, . We find that our sample of dwarfs falls into two
distinct classes. Those that stopped forming stars over 6Gyrs ago favour
central densities , consistent with cold dark matter cusps, while those with more
extended star formation favour , consistent with shallower dark matter cores. Using
abundance matching to infer pre-infall halo masses, , we show that
this dichotomy is in excellent agreement with models in which dark matter is
heated up by bursty star formation. In particular, we find that steadily decreases with increasing stellar mass-to-halo
mass ratio, . Our results suggest that, to leading order, dark
matter is a cold, collisionless, fluid that can be kinematically 'heated up'
and moved around.Comment: 22 pages, 10 Figures. Final version accepted for publication in MNRA
Synaptic GABA release prevents GABA transporter type-1 reversal during excessive network activity.
GABA transporters control extracellular GABA, which regulates the key aspects of neuronal and network behaviour. A prevailing view is that modest neuronal depolarization results in GABA transporter type-1 (GAT-1) reversal causing non-vesicular GABA release into the extracellular space during intense network activity. This has important implications for GABA uptake-targeting therapies. Here we combined a realistic kinetic model of GAT-1 with experimental measurements of tonic GABAA receptor currents in ex vivo hippocampal slices to examine GAT-1 operation under varying network conditions. Our simulations predict that synaptic GABA release during network activity robustly prevents GAT-1 reversal. We test this in the 0 Mg(2+) model of epileptiform discharges using slices from healthy and chronically epileptic rats and find that epileptiform activity is associated with increased synaptic GABA release and is not accompanied by GAT-1 reversal. We conclude that sustained efflux of GABA through GAT-1 is unlikely to occur during physiological or pathological network activity
Determining the superconducting gap structure in Sr2RuO4 from sound attenuation studies below Tc
This work presents a quantitative theoretical study of the sound attenuation
in the unconventional multiband superconductor Sr2RuO4 below the
superconducting transition temperature Tc. Sound attenuation in this material
is shown to have the remarkable property of being able to identify different
nodal structures on different bands. The nodal structures on the \gamma band on
the one hand, and on the \alpha and \beta bands on the other, are both found to
be characterized by the existence of point nodes, but are significantly
different in their quantitative aspects.Comment: 7 pages, REVTe
Zeros of Rydberg-Rydberg Foster Interactions
Rydberg states of atoms are of great current interest for quantum
manipulation of mesoscopic samples of atoms. Long-range Rydberg-Rydberg
interactions can inhibit multiple excitations of atoms under the appropriate
conditions. These interactions are strongest when resonant collisional
processes give rise to long-range C_3/R^3 interactions. We show in this paper
that even under resonant conditions C_3 often vanishes so that care is required
to realize full dipole blockade in micron-sized atom samples.Comment: 10 pages, 4 figures, submitted to J. Phys.
Stability of the Magnetic Monopole Condensate in three- and four-colour QCD
It is argued that the ground state of three- and four-colour QCD contains a
monopole condensate, necessary for the dual Meissner effect to be the mechanism
of confinement, and support its stability on the grounds that it gives the
off-diagonal gluons an effective mass sufficient to remove the unstable ground
state mode.Comment: jhep.cls, typos corrected, references added, some content delete
Formal Definitions of Unbounded Evolution and Innovation Reveal Universal Mechanisms for Open-Ended Evolution in Dynamical Systems
Open-ended evolution (OEE) is relevant to a variety of biological, artificial
and technological systems, but has been challenging to reproduce in silico.
Most theoretical efforts focus on key aspects of open-ended evolution as it
appears in biology. We recast the problem as a more general one in dynamical
systems theory, providing simple criteria for open-ended evolution based on two
hallmark features: unbounded evolution and innovation. We define unbounded
evolution as patterns that are non-repeating within the expected Poincare
recurrence time of an equivalent isolated system, and innovation as
trajectories not observed in isolated systems. As a case study, we implement
novel variants of cellular automata (CA) in which the update rules are allowed
to vary with time in three alternative ways. Each is capable of generating
conditions for open-ended evolution, but vary in their ability to do so. We
find that state-dependent dynamics, widely regarded as a hallmark of life,
statistically out-performs other candidate mechanisms, and is the only
mechanism to produce open-ended evolution in a scalable manner, essential to
the notion of ongoing evolution. This analysis suggests a new framework for
unifying mechanisms for generating OEE with features distinctive to life and
its artifacts, with broad applicability to biological and artificial systems.Comment: Main document: 17 pages, Supplement: 21 pages Presented at OEE2: The
Second Workshop on Open-Ended Evolution, 15th International Conference on the
Synthesis and Simulation of Living Systems (ALIFE XV), Canc\'un, Mexico, 4-8
July 2016 (http://www.tim-taylor.com/oee2/
Managerial Power and Rent Extraction in the Design of Executive Compensation
This paper develops an account of the role and significance of managerial power and rent extraction in executive compensation. Under the optimal contracting approach to executive compensation, which has dominated academic re-search on the subject, pay arrangements are set by a board of directors that aims to maximize shareholder value. In contrast, the managerial power approach suggests that boards do not operate at arm's length in devising executive compensation arrangements; rather, executives have power to influence their own pay, and they use that power to extract rents. Furthermore, the desire to camouflage rent extraction might lead to the use of inefficient pay arrangements that provide suboptimal incentives and thereby hurt shareholder value. The authors show that the processes that produce compensation arrangements, and the various market forces and constraints that act on these processes, leave managers with considerable power to shape their own pay arrangements. Examining the large body of empirical work on executive compensation, the authors show that managerial power and the desire to camouflage rents can explain significant features of the executive compensation landscape, including ones that have long been viewed as puzzling or problematic from the optimal contracting perspective. The authors conclude that the role managerial power plays in the design of executive compensation is significant and should be taken into account in any examination of executive pay arrangements or of corporate governance generally.
Executive Compensation in America: Optimal Contracting or Extraction of Rents?
This paper develops an account of the role and significance of rent extraction in executive compensation. Under the optimal contracting view of executive compensation, which has dominated academic research on the subject, pay arrangements are set by a board of directors that aims to maximize shareholder value by designing an optimal principal-agent contract. Under the alternative rent extraction view that we examine, the board does not operate at arm's length; rather, executives have power to influence their own compensation, and they use their power to extract rents. As a result, executives are paid more than is optimal for shareholders and, to camouflage the extraction of rents, executive compensation might be structured sub-optimally. The presence of rent extraction, we argue, is consistent both with the processes that produce compensation schemes and with the market forces and constraints that companies face. Examining the large body of empirical work on executive compensation, we show that the picture emerging from it is largely compatible with the rent extraction view. Indeed, rent extraction, and the desire to camouflage it, can better explain many puzzling features of compensation patterns and practices. We conclude that extraction of rents might well play a significant role in U.S. executive compensation; and that the significant presence of rent extraction should be taken into account in any examination of the practice and regulation of corporate governance.
- …