1,054 research outputs found
Firms' Main Market, Human Capital and Wages
Recent international trade literature emphasizes two features in characterizing the current patterns of trade: efficiency heterogeneity at the firm level and quality differentiation. This paper explores human capital and wage differences across firms in that context. We build a partial equilibrium model predicting that firms selling in more-remote markets employ higher human capital and pay higher wages to employees within each education group. The channel linking these variables is firmsâ endogenous choice of quality. Predictions are tested using Spanish employer-employee matched data that classify firms according to four main destination markets: local, national, European Union, and rest of the World. Employeesâ average education is increasing in the remoteness of firmâs main output market. Marketâdestination wage premia are large, increasing in the remoteness of the market, and increasing in individual education. These results suggest that increasing globalization may play a significant role in raising wage inequality within and across education groups.vertical differentiation, exporters, Alchian-Allen effect, wage inequality, unobservable skills
Accretion, disks, and magnetic activity in the TW Hya association
We present new photometric and spectroscopic data for the M-type members of
the TW Hya association with the aim of a comprehensive study of accretion,
disks and magnetic activity at the critical age of ~10 Myr where circumstellar
matter disappears.Comment: 4 pages, to appear in Proceedings IAU Symposium No. 314, Young Stars
& Planets Near the Sun, 201
X-Shooter spectroscopy of FU Tau A
We have analyzed a broad-band optical and near-infrared spectrum of FU Tau A,
a presumed young brown dwarf in the Taurus star forming region that has
intrigued both theorists and observers by its over-luminosity in the HR diagram
with respect to standard pre-main sequence evolutionary models. The new data,
obtained with the X-Shooter spectrograph at the Very Large Telescope, include
an unprecedented wealth of information on stellar parameters and simultaneously
observed accretion and outflow indicators for FU Tau A. We present the first
measurements of gravity (log g = 3.5 +- 0.5), radial velocity (RV = 22.5 +- 2.9
km/s), rotational velocity (v sin(i) = 20 +- 5 km/s) and lithium equivalent
width (W_Li = 430 +- 20 mAA) for FUTau A. From the rotational velocity and the
published period we infer a disk inclination of i ~ 50^deg. The lithium content
is much lower than theoretically expected for such a young very low mass
object, adding another puzzling feature to this object's properties. We
determine the mass accretion rate of FU Tau A from comparison of the
luminosities of 24 emission lines to empirical calibrations from the literature
and find a mean of log (dM/dt)_acc [M_sun/yr] = -9.9 +- 0.2. The accretion rate
determined independently from modeling of the excess emission in the Balmer and
Paschen continua is consistent with this value. The corresponding accretion
luminosity is too small to make a significant contribution to the bolometric
luminosity. The existence of an outflow in FU Tau A is demonstrated through the
first detection of forbidden emission lines from which we obtain an estimate
for the mass loss rate, log (dM/dt)_out [M_sun/yr] < -10.4. The mass outflow
and inflow rates can be combined to yield (dM/dt)_out / (dM/dt)_acc ~ 0.3, a
value that is in agreement with jet launching models.Comment: 12 pages, accepted for publication in A&
An extensive VLT/X-Shooter library of photospheric templates of pre-main sequence stars
Studies of the formation and evolution of young stars and their disks rely on
the knowledge of the stellar parameters of the young stars. The derivation of
these parameters is commonly based on comparison with photospheric template
spectra. Furthermore, chromospheric emission in young active stars impacts the
measurement of mass accretion rates, a key quantity to study disk evolution.
Here we derive stellar properties of low-mass pre-main sequence stars without
disks, which represent ideal photospheric templates for studies of young stars.
We also use these spectra to constrain the impact of chromospheric emission on
the measurements of mass accretion rates. The spectra in reduced,
flux-calibrated, and corrected for telluric absorption form are made available
to the community. We derive the spectral type for our targets by analyzing the
photospheric molecular features present in their VLT/X-Shooter spectra by means
of spectral indices and comparison of the relative strength of photospheric
absorption features. We also measure effective temperature, gravity, projected
rotational velocity, and radial velocity from our spectra by fitting them with
synthetic spectra with the ROTFIT tool. The targets have negligible extinction
and spectral type from G5 to M8. We perform synthetic photometry on the spectra
to derive the typical colors of young stars in different filters. We measure
the luminosity of the emission lines present in the spectra and estimate the
noise due to chromospheric emission in the measurements of accretion luminosity
in accreting stars. We provide a calibration of the photospheric colors of
young PMS stars as a function of their spectral type in a set of standard
broad-band optical and near-infrared filters. For stars with masses of ~
1.5Msun and ages of ~1-5 Myr, the chromospheric noise converts to a limit of
measurable mass accretion rates of ~ 3x10^-10 Msun/yr.Comment: Accepted for publication on Astronomy & Astrophysics. The spectra of
the photospheric templates will be uploaded to Vizier, but are already
available on request. Abstract shortened for arxiv constraints. Language
edited versio
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