Optimal Unemployment Insurance with Monitoring and Sanctions

This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort among the unemployed is not perfectly observable.We examine to what extent the optimal policy involves monitoring of search effort and benefit sanctions if observed search is deemed insuficient.We find that introducing monitoring and sanctions represents a welfare improvement for reasonable estimates of monitoring costs; this conclusion holds both relative to a system featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt.The optimal sanction rates implied by our calibrated model are much higher than the sanction rates typically observed in European labor markets.unemployment insurance;job search

Optimal Unemployment Insurance with Monitoring and Sanctions

This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort among the unemployed is not perfectly observable.We examine to what extent the optimal policy involves monitoring of search effort and benefit sanctions if observed search is deemed insuficient.We find that introducing monitoring and sanctions represents a welfare improvement for reasonable estimates of monitoring costs; this conclusion holds both relative to a system featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt.The optimal sanction rates implied by our calibrated model are much higher than the sanction rates typically observed in European labor markets

Sub-lunar Tap-Yielding eXplorer, STYX

To diversify the idea pool that NASA has to draw from for future manned and unmanned missions to the Moon and Mars, a design/build competition has been posed to collegiate teams across the country. The challenge is to reach, extract, and purify underground ice reserves in a setting analogous to mars. Along the way, teams will be collecting telemetry to mimic prospecting objectives on the moon. The Sublunar Tap-Yielding eXplorer, STYX, is the team’s proposed design for the 2020 NASA RASC-AL competition. Some novel design features STYX will use are a rotary tool changer with swappable tools, a sleeve driving mode, and a pivoting heating probe. The STYX drill head will translate on two axes, use a rotary hammer drill to bore holes, sleeve boreholes with pipe to prevent collapse, and deliver water via a peristaltic pump and a two stage filtration system. Several of these design elements are innovative and conceptually proven through preliminary testing. These efforts are expected to net increased performance and differentiate STYX from other prototype submissions

The first Frontier Fields cluster: 4.5{\mu}m excess in a z~8 galaxy candidate in Abell 2744

We present in this letter the first analysis of a z~8 galaxy candidate found in the Hubble and Spitzer imaging data of Abell 2744, as part of the Hubble Frontier Fields legacy program. We applied the most commonly-used methods to select exceptionally high-z galaxies by combining non-detection and color-criteria using seven HST bands. We used GALFIT on IRAC images for fitting and subtracting contamination of bright nearby sources. The physical properties have been inferred from SED-fitting using templates with and without nebular emission. This letter is focussed on the brightest candidate we found (m$_{F160W}$=26.2) over the 4.9 arcmin$^2$ field of view covered by the WFC3. It shows a non-detection in the ACS bands and at 3.6{\mu}m whereas it is clearly detected at 4.5{\mu}m with rather similar depths. This break in the IRAC data could be explained by strong [OIII]+H{\beta} lines at z~8 which contribute to the 4.5{\mu}m photometry. The best photo-z is found at z~8.0$^{+0.2}_{-0.5}$, although solutions at low-redshift (z~1.9) cannot be completely excluded, but they are strongly disfavoured by the SED-fitting work. The amplification factor is relatively small at {\mu}=1.49$\pm$0.02. The Star Formation Rate in this object is ranging from 8 to 60 Mo/yr, the stellar mass is in the order of M$_{\star}$=(2.5-10) x 10$^{9}$Mo and the size is r~0.35$\pm$0.15 kpc. This object is one of the first z~8 LBG candidates showing a clear break between 3.6{\mu}m and 4.5{\mu}m which is consistent with the IRAC properties of the first spectroscopically confirmed galaxy at a similar redshift. Due to its brightness, the redshift of this object could potentially be confirmed by near infrared spectroscopy with current 8-10m telescopes. The nature of this candidate will be revealed in the coming months with the arrival of new ACS and Spitzer data, increasing the depth at optical and near-IR wavelengths.Comment: 4 pages, 2 figures, Accepted for publication in Astronomy and Astrophysics Letter

The Circumnuclear Molecular Gas in the Seyfert Galaxy NGC4945

We have mapped the central region of NGC 4945 in the $J=2\to1$ transition of $^{12}$CO, $^{13}$CO, and C$^{18}$O, as well as the continuum at 1.3 mm, at an angular resolution of 5\farc \times 3\farc with the Submillimeter Array. The relative proximity of NGC 4945 (distance of only 3.8 Mpc) permits a detailed study of the circumnuclear molecular gas and dust in a galaxy exhibiting both an AGN (classified as a Seyfert 2) and a circumnuclear starburst in an inclined ring with radius $\sim$2\farcs5 ($\sim$50 pc). We find that all three molecular lines trace an inclined rotating disk with major axis aligned with that of the starburst ring and large-scale galactic disk, and which exhibits solid-body rotation within a radius of $\sim$5\farc ($\sim$95 pc). We infer an inclination for the nuclear disk of $62^{\circ} \pm 2^{\circ}$, somewhat smaller than the inclination of the large-scale galactic disk of $\sim$$78^{\circ}$. The continuum emission at 1.3 mm also extends beyond the starburst ring, and is dominated by thermal emission from dust. If it traces the same dust emitting in the far-infrared, then the bulk of this dust must be heated by star-formation activity rather than the AGN. We discover a kinematically-decoupled component at the center of the disk with a radius smaller than 1\farcs4 (27 pc), but which spans approximately the same range of velocities as the surrounding disk. This component has a higher density than its surroundings, and is a promising candidate for the circumnuclear molecular torus invoked by AGN unification models.Comment: 13 pages, 10 figures,accepted by Ap

A Learning Curve Model Accounting for the Flattening Effect in Production Cycles

We investigate production cost estimates to identify and model modifications to a prescribed learning curve. Our new model examines the learning rate as a decreasing function over time as opposed to a constant rate that is frequently used. The purpose of this research is to determine whether a new learning curve model could be implemented to reduce the error in cost estimates for production processes. A new model was created that mathematically allows for a “flattening effect,” which typically occurs later in the production process. This model was then compared to Wright’s learning curve, which is a popular method used by many organizations today. The results showed a statistically significant reduction in error through the measurement of the two error terms, Sum of Squared Errors and Mean Absolute Percentage Error