How Does Labor Mobility Affect Income Convergence?

The neoclassical growth model is extended to allow for mobile labor. Following a negative shock to a small economy's capital stock, capital and labor frictions effect an equilibrium transition path during which wages remain below their steady-state level. Outmigration directly contributes to faster income convergence but also creates a disincentive for gross capital formation. The net result is that across a wide range of calibrations, the speed of income convergence is relatively insensitive to the degree of labor mobility.

Innovations and Trends in Pension Plan Coverage, Pension Type and Plan Design

In this paper, we outline recent trends in employer pension pIan structure in the United States, focusing on plan coverage, plan type and pension plan design. We then identify the key factors that we believe will shape company-sponsored pension design in the future, drawing conclusions from a review of recent research and practice. Finally, we offer a cautious prognosis about the future of pension pIan coverage, pIan type and pIan design, focusing on the role of labor force aging, as well as anticipated developments in the business environment and anticipated changes in public policy

Fire extinguishment in oxygen enriched atmospheres

Current state-of-the-art of fire suppression and extinguishment techniques in oxygen enriched atmosphere is reviewed. Four classes of extinguishment action are considered: cooling, separation of reactants, dilution or removal of fuel, and use of chemically reactive agents. Current practice seems to show preference for very fast acting water spray applications to all interior surfaces of earth-based chambers. In space, reliance has been placed on fire prevention methods through the removal of ignition sources and use of nonflammable materials. Recommendations are made for further work related to fire suppression and extinguishment in oxygen enriched atmospheres, and an extensive bibliography is appended

On the Possibility of Tidal Formation of Binary Planets Around Ordinary Stars

The planet formation process and subsequent planet migration may lead to configurations resulting in strong dynamical interactions among the various planets. Well-studied possible outcomes include collisions between planets, scattering events that eject one or more of the planets, and a collision of one or more of the planets with the parent star. In this work we consider one other possibility that has seemingly been overlooked in the various scattering calculations presented in the literature: the tidal capture of two planets which leads to the formation of a binary planet (or binary brown dwarf) in orbit about the parent star. We carry out extensive numerical simulations of such dynamical and tidal interactions to explore the parameter space for the formation of such binary planets. We show that tidal formation of binary planets is possible for typical planet masses and distances from the host star. The detection (or lack thereof) of planet-planet binaries can thus be used to constrain the properties of planetary systems, including their mutual spacing during formation, and the fraction of close planets in very eccentric orbits which are believed to form by a closely related process.Comment: 11 pages, 10 Figures, submitted to Ap

Aberration of the Cosmic Microwave Background

The motion of the solar system barycenter with respect to the cosmic microwave background (CMB) induces a very large apparent dipole component into the CMB brightness map at the 3 mK level. In this Letter we discuss another kinematic effect of our motion through the CMB: the small shift in apparent angular positions due to the aberration of light. The aberration angles are only of order beta ~0.001, but this leads to a potentially measurable compression (expansion) of the spatial scale in the hemisphere toward (away from) our motion through the CMB. In turn, this will shift the peaks in the acoustic power spectrum of the CMB by a factor of order 1 +/- beta. For current CMB missions, and even those in the foreseeable future, this effect is small, but should be taken into account. In principle, if the acoustic peak locations were not limited by sampling noise (i.e., the cosmic variance), this effect could be used to determine the cosmic contribution to the dipole term.Comment: 3 pages, 1 figure, comments welcome. Submitted to ApJ Letter