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Statistical analysis of identity risk of exposure and cost using the ecosystem of identity attributes
Personally Identifiable Information (PII) is often called the "currency of the Internet" as identity assets are collected, shared, sold, and used for almost every transaction on the Internet. PII is used for all types of applications from access control to credit score calculations to targeted advertising. Every market sector relies on PII to know and authenticate their customers and their employees. With so many businesses and government agencies relying on PII to make important decisions and so many people being asked to share personal data, it is critical to better understand the fundamentals of identity to protect it and responsibly use it. Previously developed comprehensive Identity Ecosystem utilizes graphs to model PII assets and their relationships and is powered by empirical data from almost 6,000 real-world identity theft and fraud news reports to populate the UT CID Identity Ecosystem. We analyze UT CID Identity Ecosystem using graph theory and report numerous novel statistics using identity asset content, structure, value, accessibility, and impact. Our work sheds light on how identity is used and paves the way for improving identity protection.Electrical and Computer Engineerin
Social Status, Human Capital Formation and the Long-run Effects of Money
This study examines the effects of monetary policy in a two-sector cash-in-advance economy of human capital accumulation. Agents concern about their social status represented by the relative physical capital and relative human capital. We find that if the desire for social status depends only on relative physical capital, money is superneutral in the growth-rate sense. However, if the desire for social status depends on relative human capital, the money growth rate will have a positive effect on the long-run economic growth rate. Furthermore, an increase in the desire to pursue human capital will raise the long-run growth rate, but an increase in the desire to pursue physical capital will lower it.Cash-in-advance economy; Endogenous growth; Social status.
Women in Politics: A New Instrument for Studying the Impact of Education on Growth
This paper tests the growth model of distance to the technological frontier, which states that the closer an economy is to the frontier, the higher the relative importance of innovation relative to imitation as a source of productivity growth. Hence, an economy closer to the technological frontier should invest more in skilled labor since innovation is a skill-intensive activity. I use the proportion of female legislators as an instrument for skilled labor, in contrast to Vandenbussche, Aghion, and Meghir (2006) who used lagged educational expenditures. The results with the new instrument are consistent with the theoretical prediction and the previous results of Vandenbussche, Aghion, and Meghir (2006).distance to the technological frontier; women in politics
The Role of Firm Size in Controlling Output Volatility during the Asian Financial Crisis
This study sets out to develop a simplified risk premium model to explain output volatility within the economies of Asia in the immediate aftermath of the Asian financial crisis. Firms are allowed to borrow from both domestic and foreign banks, with the firms� debts being loosely constrained (at high levels) prior to the crisis (lending boom) but becoming tightly constrained (at low levels) on the outbreak of the crisis (lending bust). The lending rate is a function of the debt-capital ratio; thus if firms have only limited access to the credit market, then they will accumulate less capital and become small firms. Given their lower collateral, small firms face higher risk premiums which will ultimately lead to a much greater reduction in output when a credit crunch suddenly hits. Our model predicts that small firm size will accelerate unanticipated shocks; therefore, output volatility will be greater in countries with small firms than in those with large firmsAsian financial crisis; Firm size; Credit constraints; Risk premiums
Do Gender Quotas Influence Women’s Representation and Policies?
This paper investigates the effect of applying gender quotas on policy decisions. I first examine the effect of gender quotas on the representation of female legislators, study the correlation between gender quotas and different types of government expenditures, and then use quotas as an instrument for the proportion of female legislators to investigate the effect of female legislators on policy outcomes. The results show that an increase in the share of female legislators by one percentage point increases the ratio of government expenditure on health and social welfare to GDP by 0.18 and 0.67 percentage points, respectively. The robustness check supports that the effect of quotas on female legislators is likely to be translated into the influence of female policymakers on social welfare.female legislator; gender quotas; policy outcomes
Female Policymaker and Educational Expenditure: Cross-Country Evidence
This paper investigates the influence of women in politics on decision-making using public educational expenditures as the outcome of interest. The results suggest that an increase in the share of female legislators by one percentage point increases the ratio of educational expenditures to GDP by 0.028 percentage points. I then consider some contexts, on which the influence of female legislators may depend. The effect of female legislators on educational policies is strengthened accounting for forms of government, but not influenced by left-wing government, electoral rules, parliamentary system and non-marriage. Moreover, this study supports the hypothesis that the identity of the legislator matters for policy.Education; female legislator; political economy
On short interval expansion of R\'enyi entropy
R\'enyi entanglement entropy provides a new window to study the AdS/CFT
correspondence. In this paper we consider the short interval expansion of
R\'enyi entanglement entropy in two-dimensional conformal field theory. This
amounts to do the operator product expansion of the twist operators. We focus
on the vacuum Verma module and consider the quasiprimary operators constructed
from the stress tensors. After obtaining the expansion coefficients of the
twist operators to level 6 in vacuum Verma module, we compute the leading
contributions to the R\'enyi entropy, to order 6 in the short interval
expansion. In the case of one short interval on cylinder, we reproduce the
first several leading contributions to the R\'enyi entropy. In the case of two
short disjoint intervals with a small cross ratio , we obtain not only the
classical and 1-loop quantum contributions to the R\'enyi entropy to order
, both of which are in perfect match with the ones found in gravity, but
also the leading contributions, which corresponds to 2-loop corrections
in the bulk.Comment: V1, 23 pages, 5 figures; V2, published version, typos corrected,
references adde
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