131 research outputs found

    Occupational choice, number of entrepreneurs and output: theory and empirical evidence with Spanish data

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    This paper extends the (Lucas, Bell J Econ 9:508–523,1978) model of occupational choices by individuals with different skills, beyond the simple options of self-employment or wage-employment, by including a second choice for the self-employed. That is, an option to hire employees and so become self-employed with employees (SEWEs), or to be self-employed without employees (SEWNEs). We solve for the market equilibrium and examine the sensitivity of relative sizes of occupational groups, and of the level of productivity, to changes in the exogenous parameters. The results show that the positive (negative) association between number of SEWEs (SEWNEs) and productivity, observed in the Spanish data, can be explained, under certain conditions, as the result of cross-region and time differences in average skills. These findings point to the importance of distinguishing between SEWEs and SEWNEs in drawing valid conclusions concerning any link between entrepreneurship and economic development

    Objective Subclass Determination of Sloan Digital Sky Survey Unknown Spectral Objects

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    We analyze a portion of the SDSS photometric catalog, consisting of approximately 10,000 objects that have been spectroscopically classified into stars, galaxies, QSOs, late-type stars and unknown objects (spectroscopically unclassified objects, SUOs), in order to investigate the existence and nature of subclasses of the unclassified objects. We use a modified mixture modeling approach that makes use of both labeled and unlabeled data and performs class discovery on the data set. The modeling was done using four colors derived from the SDSS photometry: (u-g), (g-r), (r-i), and (i-z). This technique discovers putative novel classes by identifying compact clusters that largely contain objects from the spectroscopically unclassified class of objects. These clusters are of possible scientific interest because they represent structured groups of outliers, relative to the known object classes. We identify two such well defined subclasses of the SUOs. One subclass contains 58% SUOs, 40% stars, and 2% galaxies, QSOs, and late-type stars. The other contains 91% SUOs, 6% late-type stars, and 3% stars, galaxies, and QSOs. We discuss possible interpretations of these subclasses while also noting some caution must be applied to purely color-based object classifications. As a side benefit of this limited study we also find two distinct classes, consisting largely of galaxies, that coincide with the recently discussed bimodal galaxy color distribution.Comment: 31 pages; 6 figures; revised version accepted for Ap. J. Added one figure, added discussion, compared method with another approach, added appendix with algorithmic detail

    Demonstration of Ignition Radiation Temperatures in Indirect-Drive Inertial Confinement Fusion Hohlraums

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