Lifecycle-consistent female labor supply with nonlinear taxes: evidence from unobserved effects panel data models with censoring,selection and endogeneity

This paper uses the Panel Study of Income Dynamics (PSID) from 1979 to 2007 to estimate within-period lifecycle-consistent labor supply elasticities of US females in a two-stage budgeting framework. The paper combines a variety of econometric approaches to estimate unobserved effects panel data models with censoring, selection and endogeneity. The paper finds evidence of substantial upward bias in estimated wage elasticities from pooled panel models which do not account for unobserved effects, as fixed effects and correlated random effects (CRE) specifications yield smaller elasticities. Estimates are also somewhat sensitive to using a lifecycle-consistent specification versus a standard static model. The lifecycle-consistent wage elasticity from a CRE model with instrumental variables is 0.56 on the extensive margin and 0.31 on the intensive margin for an overall wage elasticity of 0.87. The standard static model, on the other hand, yields a wage elasticity of 0.46 on the extensive margin and 0.13 on the intensive margin for an overall elasticity of 0.59.     

An autopsy-based evaluation of deaths of homeless unknown persons (HUPs)

Background: India is a significant host to homeless unknown persons (HUPs) and subsequently to their untimely deaths due to various reasons. The autopsy-based evaluation has been always important in knowing the exact reasons behind it. Objective: To know about the epidemiological mortality profile such as magnitude, cause and manner of death, seasonality, and year-wise distribution of their untimely and unattended deaths. Materials and Methods: A retrospective autopsy-based evaluation of unnatural deaths among HUPs was done at LHMC, New Delhi for a total duration of 5 years (January 2006 to December 2010). Results: Out of 749 cases in the study group in this duration, 536 deaths have been caused due to some natural events and 213 due to some unnatural events. Among the natural deaths, the pulmonary pathology did contribute for 509 cases. Conclusion: The study population is a vulnerable segment of the society which often suffers the extreme adversity of natural and unnatural events in the form of their deaths. It is a significant host to the pulmonary infections that often spread to the other segments of the society at the point of contact. Thereby it deserves an urgent public health intervention and a policy response for the same for the well-being of HUPs and the general public at large.     

Corporate growth,sustainability and business ethics in twenty-first century

Journal of Management and Governance -     

Stress-strength reliability estimation for exponentially distributed system with common minimum guarantee time

Abstract

In this article, we study the problem of estimating the stress-strength reliability, where the stress and strength variables follow independent exponential distributions with a common location parameter but different scale parameters. All parameters are assumed to be unknown. We derive the MLE, the UMVUE of the reliability parameter. We also derive the Bayes estimators considering conjugate prior distributions for the scale parameters and a dependent prior for the common location parameter. Monte Carlo simulations have been carried out to compare among the proposed estimators with respect to different loss functions.     

Domestic Violence against Men in India: A Perspective

In the absence of any systemic data, with more men coming up and reporting violence by women, it is important to understand and examine the issue of violence against men by women and associated factors. With changing gender roles and power relations, the author predicts that this will increase in the future, which will have far-reaching consequences and implications for the larger society and relationships between men and women. The paper attempts to understand the dynamics and factors that play or will play a crucial role in escalating violence against men by women. The paper is based on author's counseling sessions, discussion with men victims of violence, and other secondary sources.     

Approaching Cultural Change in the Era of Globalisation: An Interview with T.K. Oommen

An exercise in academic signature, 'Is Jew/Greek Greek/Jew : or does 'Hebrew' mean Cross'over?' tries to account for the differential claims on identity when one finds oneself, at the same time, a religious Jew and a university professor specializing in secular texts. What does such a one, in fact, profess? How to negotiate the (mostly figurative) translation of Greek into H ebrew, and H ebrew into Greek, in a m ore than m erely academ ic sense- indeed when 'the academic' offers but one of several competing possibilities for personal and social identities? Preferring a 'Mauriacois' style of narrating the self by reference to the books in one's library, to something more Rousseauistic and chez soi, the author appeals throughout to the w ork of Emmanuel Levinas in a programmatic move that shows how the task of mediation begins of necessity in the sphere of the already-mediated. The 'tightrope, window and text' of the article's subtitle, then represent three tropes around which the problematic of mediated identity is posed. The titular questions, finally, remain less answered than- in Kenneth Burke's signature form ulation- 'danced'.     

“What can the Chinese experience of empire tell us about the Belt and Road Initiative?”

Theory and Society - China’s “Belt and Road Initiative” (BRI), first announced by President Xi Jinping in 2013, has attracted widespread attention, with much discussion as to its...