Human Capital Outflow and Economic Misery: Fresh Evidence for Pakistan

This paper visits the impact of economic misery on human capital outflow using time series data over the period of 1975–2012. We have applied the combined cointegration tests and innovation accounting approach to examine long run and causal relationship between the variables. Our results affirm the presence of cointegration between the variables. We find that economic misery increases human capital outflow. Foreign remittances add in human capital outflow from Pakistan. The migration from Pakistan to rest of world is boosted by depreciation in local currency. Income inequality is also a major contributor to human capital outflow. The present study is comprehensive effort and may provide new insights to policy makers for handling the issue of human capital outflow by controlling economic misery in Pakistan.

     

Minimal circular strongly balanced repeated measurements designs in periods of three different sizes

Repeated measurements designs (RMD) are widely used in medicine, pharmacology, animal sciences, and psychology. If there is a restriction on the total number of treatments, some experimental units can receive on the total length of time while some experimental units can remain in the trial, then RMD in periods of unequal sizes should be used. In this article, some infinite series are developed to generate the minimal circular strongly balanced RMD in periods of three different sizes p₁, p₂, and p₃, where 2 ≤ p₃ < p₂ ≤ 10.     

Fertility and Financial Development in South Asia

The paper empirically examines old-age security hypothesis to explain fertility rates in South Asia. Panel data is used for the period 1972–2013 for seven South Asian countries which include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The estimated results reveal that in South Asia fertility rate decreases with the increase in financial development. Thus, the findings support old-age security hypothesis that parents use children as financial instruments to secure their old age. This paper validates the theory that the availability of alternative financial tools reduces the incentives of households to have large offspring. Infant mortality is also shown an important factor for high fertility rate in South Asia. This implies that households cover their risk from losing children by producing more children. The results also reveal that fertility rate decreases with the increase in per capita income, which implies that households treat children as inferior good in this region. In other words, households prefer quality of children over quantity of children when their income level increases. The results have also shown that fertility decreases with the increase in education, urbanization, agriculture productivity and industrialization. The study has some important policy implications.     

A heuristic algorithm for the m-machine,n-job flow-shop sequencing problem

In a general flow-shop situation, where all the jobs must pass through all the machines in the same order, certain heuristic algorithms propose that the jobs with higher total process time should be given higher priority than the jobs with less total process time. Based on this premise, a simple algorithm is presented in this paper, which produces very good sequences in comparison with existing heuristics. The results of the proposed algorithm have been compared with the results from 15 other algorithms in an independent study by Park [13], who shows that the proposed algorithm performs especially well on large flow-shop problems in both the static and dynamic sequencing environments.     

Money Matters: Young Adults’ Perception of the Economic Consequences of their Parents’ Divorce

A qualitative study examined the perceptions of 22 Israeli young adults (ages 20–25) of childhood parental divorce. Respondents discussed their experiences, including economic consequences of the divorce. Results related to the practical aspect of economic decline, to economic issues as embodiment of parental conflicts, and to children’s emotional and practical roles connected to economic changes. Children’s understanding and coping with financial issues are related to three profiles of overall adjustment identified in this study—resilience, survival, and vulnerability. Resilient young adults interpreted as empowering their understanding and coping; the survivors recognized their efforts as meaningful but burdensome; and vulnerable participants felt that economic changes caused a heavy financial and emotional price. Limitations and implications are discussed.

Everyday people: public identities in contemporary hip-hop culture

As scholars on culture have suggested elsewhere, cooption through consumption by the music culture industry has forced those who want to be part of the hip-hop subculture to go back underground. But to label all of these individuals in the underground merely ‘hip-hop’ would be as equally uninformative as labeling anyone who wears baggy blue jeans and can rhyme words together as being hip-hop. My year of field research in Chicago revealed that five major identities emerged: Professional Headz, Refugee Headz, Hip-Hop Fundamentalists, Black Headz and Tech Headz. These identities were characterized by the personal values that my participants indicated were most reaffirmed through hip-hop culture. This article contributes to the literature on hip-hop by providing an ethnographic study on how the Hip-Hop Nation defines itself, while examining some of the tensions that these identities provide within the Hip-Hop Nation. It also reinforces the view that subculture must still be experienced in the flesh and is not fully experienced by being able to engage in the culture industry of hip-hop through purchasing records, watching videos or buying hip-hop fashions. This article also provides a more complex qualitative understanding of what values constitute being hip-hop and which ones do not.     

Migration,Diaspora and Citizenship: A Qualitative Study of the Perceptions of Pakistani Nationals towards the Political Rights of Pakistani Dual Citizens

The dual citizenship has been the subject of intense political debate in Pakistan barring the elected representatives, in parliament, the provincial assemblies and the presidency, from holding dual nationality. The perceptions that holding a foreign citizenship challenges the undiluted loyalty to country further engender question mark over their political participation in country’s affairs. A qualitative study has been carried out in the city of Rawalpindi to explore the stance of Pakistani nationals on such exclusion of Pakistani dual citizens from mainstream politics of Pakistan asking should the individual’s association to the state be an exclusive one? In this paper, in‐depth interviews were conducted with a sample of 40 male and female respondents (22 Pakistani citizens, 18 Pakistani dual citizens) and 6 constitutional experts. The results indicate distrust among Pakistani citizens when considering dual citizens’ right of representation in general elections of Pakistan, stemming from a mistrust of their “split loyalties”.