54 research outputs found
Vector Coherent State Realization of Representations of the Affine Lie Algebra
The method of vector coherent states is generalized to study representations
of the affine Lie algebra . A large class of highest weight irreps
is explicitly constructed, which contains the integrable highest weight irreps
as special cases.Comment: 8 pages plain latex. To appear in J. Phys.
Equitable and Effective Climate Policy: Integrating Less Developed Countries into a Global Climate Agreement
ISSN:1612-4804ISSN:1612-481
Stochastic Frontier Models for Long Panel Data Sets: Measurement of the Underlying Energy Efficiency for the OECD Countries
Does the Swiss Car Market Reward Fuel Efficient Cars? Evidence from Hedonic Pricing Regressions, Matching and a Regression Discontinuity Design
Transient and Persistent Energy Efficiency in the US Residential Sector: Evidence from Household-level Data
Illegal Immigration, Deportation Policy, and the Optimal Timing of Return
Countries with strict immigration policies often resort to deportation measures to reduce their stocks of illegal immigrants. Many of their undocumented foreign workers, however, are not deported but rather choose to return home voluntarily. This paper studies the optimizing behavior of undocumented immigrants who continuously face the risk of deportation, modeled by a stochastic process, and must decide how long to remain in the host country. It is found that the presence of uncertainty with respect to the length of stay abroad unambiguously reduces the desired migration duration and may trigger a voluntary return when a permanent stay would otherwise be optimal. Voluntary return is motivated by both economic and psychological factors. Calibration of the model to match the evidence on undocumented Thai migrants in Japan suggests that the psychological impact of being abroad as an illegal alien may be equivalent to as large as a 68% cut in the consumption rate at the point of return
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