Macroeconomic Shocks, Job Security and Health: Evidence from the Mining Industry

How do exogenous changes in the macroeconomic environment affect workers’ perceived job security, and consequently, their mental and physical health? To answer this question, we exploit variation in world commodity prices over the period 2001-17 and analyse panel data that includes detailed classifications of mining workers. We find that commodity price increases cause increases in perceived job security, which in turn, significantly and substantively improve the mental health of workers. In contrast, we find no effects on physical health. Our results imply that the estimated welfare costs of recessions are much larger when the effects of job insecurity, and not only unemployment, are considered

Free induction decay of a superposition stored in a quantum dot

We study the free evolution of a superposition initialized with high fidelity in the neutral-exciton state of a quantum dot. Readout of the state at later times is achieved by polarized photon detection, averaged over a large number of cycles. By controlling the fine-structure splitting (FSS) of the dot with a dc electric field, we show a reduction in the degree of polarization of the signal when the splitting is minimized. In analogy with the "free induction decay" observed in nuclear magnetic resonance, we attribute this to hyperfine interactions with nuclei in the semiconductor. We numerically model this effect and find good agreement with experimental studies. Our findings have implications for storage of superpositions in solid-state systems and for entangled photon pair emission protocols that require a small value of the FSS

The Black Hole Mass - Galaxy Bulge Relationship for QSOs in the SDSS DR3

We investigate the relationship between black hole mass and host galaxy velocity dispersion for QSOs in Data Release 3 of the Sloan Digital Sky Survey. We derive black hole mass from the broad Hbeta line width and continuum luminosity, and the bulge stellar velocity dispersion from the [OIII] narrow line width. At higher redshifts, we use MgII and [OII] in place of Hbeta and [OIII]. For redshifts z < 0.5, our results agree with the black hole mass - bulge velocity dispersion relationship for nearby galaxies. For 0.5 < z < 1.2, this relationship appears to show evolution with redshift in the sense that the bulges are too small for their black holes. However, we find that part of this apparent trend can be attributed to observational biases, including a Malmquist bias involving the QSO luminosity. Accounting for these biases, we find ~0.2 dex evolution in the black hole mass-bulge velocity dispersion relationship between now and redshift z ~ 1.Comment: Accepted by ApJ, 15 pages, 9 figure

Recoiling Black Holes in Quasars

Recent simulations of merging black holes with spin give recoil velocities from gravitational radiation up to several thousand km/s. A recoiling supermassive black hole can retain the inner part of its accretion disk, providing fuel for a continuing QSO phase lasting millions of years as the hole moves away from the galactic nucleus. One possible observational manifestation of a recoiling accretion disk is in QSO emission lines shifted in velocity from the host galaxy. We have examined QSOs from the Sloan Digital Sky Survey with broad emission lines substantially shifted relative to the narrow lines. We find no convincing evidence for recoiling black holes carrying accretion disks. We place an upper limit on the incidence of recoiling black holes in QSOs of 4% for kicks greater than 500 km/s and 0.35% for kicks greater than 1000 km/s line-of-sight velocity.Comment: 4 pages, 4 figures, uses emulateapj, Submitted to ApJ Letter

Trust, Reciprocity and Rules

In the absence of enforceable contracts, many economic and personal interactions rely on trust and reciprocity. Research shows that although this reliance often works well, sometimes it breaks down. Simple rules mandating minimum standards on reciprocation prevent the most egregious trust violations, but may also undermine behavior that would have otherwise produced higher overall economic welfare. We test the efficacy of exogenously imposed minimum return rules using experimental trust games. We find that rules fail to increase trust and trustworthiness. Thus low minimum standards significantly decrease economic welfare. Although sufficiently restrictive rules restore welfare, trust and trustworthy behavior never returns.trust games, experiments, reputation, information, reciprocity

Magnetic field dependence of the energy of negatively charged excitons in semiconductor quantum wells

A variational calculation of the spin-singlet and spin-triplet state of a negatively charged exciton (trion) confined to a single quantum well and in the presence of a perpendicular magnetic field is presented. We calculated the probability density and the pair correlation function of the singlet and triplet trion states. The dependence of the energy levels and of the binding energy on the well width and on the magnetic field strength was investigated. We compared our results with the available experimental data on GaAs/AlGaAs quantum wells and find that in the low magnetic field region (B<18 T) the observed transition are those of the singlet and the dark triplet trion (with angular momentum $L_z=-1$), while for high magnetic fields (B>25 T) the dark trion becomes optically inactive and possibly a transition to a bright triplet trion (angular momentum $L_z=0$) state is observed.Comment: 9 pages, 10 figures submitted to Phys. Rev.