Labour Contracts, Equal Treatment and Wage-Unemployment Dynamics

This paper analyses a model in which .rms cannot pay discriminate based on year of entry to a .rm, and develops an equilibrium model of wage dynamics and unemployment. The model is developed under the assumption of worker mobility, so that workers can costlessly quit jobs at any time. Firms on the other hand are committed to contracts. Thus the model is related to Beaudry and DiNardo (1991). We solve for the dynamics of wages and unemployment, and show that real wages do not necessarily clear the labor market. Using sectoral productivity data from the post-war US economy, we assess the ability of the model to match actual unemployment and wage series. We also show that equal treatment follows in our model from the assumption of at-will employment contracting.Labor contracts, business cycle, unemployment, equal treatment, cohort effects

Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics

This paper analyses a model in which firms cannot pay discriminate based on year of entry to a firm, and develops an equilibrium model of wage dynamics and unemployment. The model is developed under the assumption of worker mobility, so that workers can costlessly quit jobs at any time. Firms on the other hand are committed to contracts. Thus the model is related to Beaudry and DiNardo (1991). We solve for the dynamics of wages and unemployment, and show that real wages do not necessarily clear the labour market. Using sectoral productivity data from the post-war US economy, we assess the ability of the model to match actual unemployment and wage series. We also show that equal treatment follows in our model from the assumption of at-will employment contracting.labour contracts, business cycle, unemployment, equal treatment, cohort effects

Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting

This paper analyses a model with downward rigidities in which firms cannot pay discriminate based on year of entry to a firm, and develops an equilibrium model of wages and unemployment. We solve for the dynamics of wages and unemployment under conditions of downward wage rigidity, where forward looking firms take into account these constraints. Using simulated productivity data based on the post-war US economy, we analyse the ability of the model to match certain stylised labour market facts.Labour contracts, business cycle, unemployment, equal treatment, downward rigidity, cross-contract restrictions.

Labor Contracts, Equal Treatment and Wage-Unemployment Dynamics

This paper analyses a model in which firms cannot pay discriminate based on year of entry to a firm, and develops an equilibrium model of wage dynamics and unemployment. The model is developed under the assumption of worker mobility, so that workers can costlessly quit jobs at any time. Firms on the other hand are committed to contracts. Thus the model is related to Beaudry and DiNardo (1991). We solve for the dynamics of wages and unemployment, and show that real wages do not necessarily clear the labor market. Using sectoral productivity data from the post-war US economy, we assess the ability of the model to match actual unemployment and wage series. We also show that equal treatment follows in our model from the assumption of at-will employment contracting.

Using Multibeam Echosounders for Hydrographic Surveying in the Water Column: Estimating Wreck Least Depths

Wreck superstructure can extend into the water column and pose a danger to navigation if the least depth is not accurately portrayed to mariners. NOAA has several methods available to acquire a wreck least depth: lead line, wire drag, diver investigation, side scan shadow length, single beam bathymetry, and multibeam bathymetry. Previous studies have demonstrated that the bottom detection algorithm can fail to locate a wreck mast that is evident in the water column data. Modern multibeam sonars can record water column data in addition to bottom detections. NOAA’s current Hydrographic Specifications do not require water column collection; the best practice is to collect additional bathymetry data during wreck developments. Several multibeam bathymetry and multibeam water column datasets collected by NOAA vessels are evaluated and the wreck least depth results are compared to previous international field trials. A workflow to extract filtered and sidelobe suppressed water column point clouds is presented using currently available software packages. This paper explores the challenges encountered with water column data collection and processing and finds that analysis of water column data provides an improvement to finding wreck least depths, in some cases

The Healthy Farms, Food and Communities Act: Policy Initiatives for the 2002 Farm Bill And the First Decade of the 21st Century

This policy document includes a legislative initiative to be incorporated into the 2002 Farm Bill, and a broader set of policy principles and legislation endorsed by CFSC. Both policy platforms create the basis for furthering the goals of healthy farms, healthy food, and, ultimately, healthy communities

Giant Impact Induced Atmospheric Blow-Off

Previous calculations indicate that the Earth suffered impacts from objects up to Mars size. Such a giant impact may have produced a temporary ejecta-based ring that accreted to form the Moon. To simulate the surface waves from such events we approximated the cratering source as a buried pressurized sphere. For a 10^27 J impactor we calculated the resulting surface wave using the mode summation method of Sato et al.. For such an impact, the solid Earth free-surface velocity above, and antipodal to, the source achieves 2.6 and 1.9 km/s. Such large ground motions pump the atmosphere and result in upward particle motions which cause the atmosphere to be accelerated to excess of the escape velocity (11.2 km/s) at high altitudes. For a 1.3 × 10^32 J Moon-forming impact we calculate that ~50% of the Earth's atmosphere is accelerated to escape

A NeISS collaboration to develop and use e-infrastructure for large-scale social simulation

The National e-Infrastructure for Social Simulation (NeISS) project is focused on developing e-Infrastructure to support social simulation research. Part of NeISS aims to provide an interface for running contemporary dynamic demographic social simulation models as developed in the GENESIS project. These GENESIS models operate at the individual person level and are stochastic. This paper focuses on support for a simplistic demographic change model that has a daily time steps, and is typically run for a number of years. A portal based Graphical User Interface (GUI) has been developed as a set of standard portlets. One portlet is for specifying model parameters and setting a simulation running. Another is for comparing the results of different simulation runs. Other portlets are for monitoring submitted jobs and for interfacing with an archive of results. A layer of programs enacted by the portlets stage data in and submit jobs to a Grid computer which then runs a specific GENESIS model program executable. Once a job is submitted, some details are communicated back to a job monitoring portlet. Once the job is completed, results are stored and made available for download and further processing. Collectively we call the system the Genesis Simulator. Progress in the development of the Genesis Simulator was presented at the UK e- Science All Hands Meeting in September 2011 by way of a video based demonstration of the GUI, and an oral presentation of a working paper. Since then, an automated framework has been developed to run simulations for a number of years in yearly time steps. The demographic models have also been improved in a number of ways. This paper summarises the work to date, presents some of the latest results and considers the next steps we are planning in this work